FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Quantitative Techniques

Section 1 Globalization

Unit 1 Introduction, Meaning and Definition, Features of Globalization, Globalization Process, Globalization of Markets, Globalization of Production, Globalization of Investment

Unit 2 Advantages and Disadvantages of Globalization, Advantages of Globalization, Disadvantages of Globalization, Globalization – Balancing Act.

Section 2 The Changing Nature of International Business

Unit 3 Introduction, Why Companies Engage in International Business, Reasons for Phenomenon International Growth in Recent Years, Rapid Increase and Expansion of Technology.

Unit 4 Liberalization of Cross-Border Movements of Trade and Resources, Developing of Supporting Services, Consumer Pressures

Unit 5 Inrease in Global Competition, Modes of International Business, External Influence on International Business

Section 3 National Differences in Political Economy

Unit 6 Political Systems, Collectivism and Individualism, Democracy and Totalitarianism, Economic Systems, Market Economy, Command Economy, Mixed Economy, State-Directed Economy.

Unit 7 Legal Systems, Property Rights, TRIPS Coverage, Production Safety and Product Liability, Contract Law, Determinants of Economic Development, Differences in Economic Development.

Unit 8 Broader Concepts of Development: Amartya Sen, Political Economy and Economic Progress, Geography, Education and Economic Development, States in Transition, Nature of Economic Transformation, Implications for Business.

Section 4 Differences in Culture

Unit 9 Introduction, What is Culture?, Values and Norms, Culture, Society and the Nation-state, Determinants of Culture, Social Structure

Unit 10 Language, Education, Culture and the Workplace, Cultural Change, Implications for Business, Cross- Cultural Literacy, Culture and Business Ethics, Culture and Competitive Advantage

Section 5 International Trade Theory

Unit 11 Introduction, The Mercantilists’ Views on Trade, Trade Based on Absolute Advantage: Adam Smith, Comparative Advantage: David Ricardo

Unit 12 Assumption of the Theory, Explanation of the Theory, Derivatives of the Theory, Hecksher Ohlin Theory (HO), Product Life-cycle Theory, New Trade Theory, Implications of New Trade Theory, National Competitive Advantage: Porters Diamond.

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