NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2021 EXAMINATION

Course Code: Bus 835

Credit Unit: 2

Course Title: International Business Management

Time Allowed: 2

Hours Instruction: 1. Indicate your Matriculation Number clearly

2. Attempt Question 1 and any other two (2) questions

3. Question 1 is compulsory and carries 30 marks while the other 2 questions carry 20 marks each Present all your points in coherent and orderly manner.

(1)A. Discuss the various ways by which a company could enter into foreign markets. (22 marks)

B. Advance reasons why an investor will like to ‘go international’ inspite of certain barriers and restrictions. (8 marks)

(2) Briefly discuss the role of the World Bank and explain the various organisations of the World Bank as they contribute to international business. (20 marks)

(3) How is the Heckscher - Ohlin Model different from Adam Smith’s theory of Absolute Advantage? (20 marks)

4(a) What are the three major sources of managers in international business? (12 marks)

(b) Can a Nigerian working in Togo be described as an expatriate? What are the major problems faced by a person working outside his country? (8 marks)