Question: SECTION A Short Answer Questions [Total = 30 marks] Section A consists of four questions. Answer ALL questions. 1. Define international business and explain THREE

SECTION A Short Answer Questions [Total = 30 marks] Section A consists of four questions. Answer ALL questions.

1. Define international business and explain THREE (3) reasons why companies engage in international business today. Provide example to support your answer. [8 marks]

2. Explain with example THREE (3) modes of operations in international business. [6 marks]

3. Do comparison between Republic and Democracy. Provide TWO (2) example of countries that practicing the political ideology for both. [6 marks]

4. Briefly describe the definition of ethics and explain why ethics is important in international business. [4 marks]

5. Do comparison with example of countries between developed countries and developing countries.

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