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What are the key differences between domestic and international business?
(a)Both operate under the same business systems.
(b)International business involves different currencies, regulations, and market conditions.
(c)Both involve the use of the same currency.
(d)Domestic and international businesses are completely distinct.

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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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State the meaning of principles of management.

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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?

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Explain the relationship between the marginal products and the total product of an input.

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What does ‘Issue of debentures for consideration other than cash’ mean?

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Which management principle suggests the need for fairness and consistency in employee treatment?

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Enumerate the benefits of International Business for nations.

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Which style of leadership does not believe in use of power unless it is absolutely essential?

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What does a bearer debenture mean?

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What is the law of variable proportions?

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Which of the following is an example of a financial objective of management?

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What does it mean to issue debentures at a discount and redeemable at a premium?

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Explain the significance of Taylor's Scientific Management.

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What are the main types of International Business?

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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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Define International Business and distinguish it from Internal Business.

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What is meant by a debenture?

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What is informal communication?

