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What are the key differences between domestic and international business?
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Important Questions on International Business
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What is the total product of an input?
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Which management concept ensures that each employee has only one direct supervisor?
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What is meant by a debenture?
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A company is manufacturing paper plates and bowls. It produces 1,00,000 plates and bowls each day. Due to a local festival, it got an urgent order of extra 50,000 plates and bowls. Explain the method of recruitment that the company should adopt in the given circumstances to meet the order.
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What is meant by recruitment? How is it different from selection?
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What does ‘Issue of debentures for consideration other than cash’ mean?
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Explain the concepts of the short run and the long run.
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Discuss the challenges faced by firms in international markets.
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Which function of management involves developing an organizational structure and allocating human resources?
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What does a bearer debenture mean?
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Explain the relationship between the marginal products and the total product of an input.
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Explain the concept of a production function.
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What does it mean to issue debentures at a discount and redeemable at a premium?
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What is informal communication?
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Define International Business and distinguish it from Internal Business.
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State the meaning of principles of management.
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What are the main types of International Business?
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Enumerate the benefits of International Business for nations.
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What is the meaning of ‘Debentures issued as a collateral security’?
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What is the law of diminishing marginal product?
