Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 1

Coversheet for online non-invigilated Centrally scheduled exams







Exam information
Course code and name
IBUS 7302
Operating International Business
Semester Semester 1, 2020
Exam type Final Exam: Online, non-invigilated, centrally scheduled
Exam date and time The exam will start on 22 June 2020 at 12 noon, Brisbane time.
The exam will finish on 22 June 2020 at 3pm, Brisbane time.
Please note: you will not be able to access the assessment task after this
time.
Exam window You have a fixed time of maximum 3 hours in which you must start and finish
your exam. You can access and submit your exam at any time within the 3-
hour window. However, please note that if you start your exam later than the
start time, the time available for you to write and submit the exam will be less
than three hours.
Weighting This assessment is weighted 60% of your total mark for this course.
Permitted materials
This is a CLOSED BOOK exam. No materials are permitted except
calculator, bilingual dictionary.
Required/recommended
materials
NA.
Instructions  Write your name and student number at the top of this page.
 Save this file on your computer as a word file with the following filename:
“your student ID – firstname lastname – ibus7302 fxm.docx”, for example
“12345678 – Sunil Venaik – ibus7302 fxm.docx”.
 Save your file on your computer after answering every question.
 After completing the exam, save and close the file on your computer.
 Submit your exam file via Turnitin on Blackboard.
 If there is a technical glitch with Turnitin, email the file to:
svenaik@business.uq.edu.au. In the subject of the email, write your
filename.

 Answer all FOUR questions.
 Maximum two (2) pages (max 600 words) of answer per question.
Answers beyond two (2) pages (or 600 words) per question will not be
assessed.
 Type your answer below each question.

Student Number |__|__|__|__|__|__|__|__|

Family Name

First Name



START
HERE
Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 2

 DO NOT change any page formatting, such as line spacing, margins,
font, etc.
 Any materials such as text, figures, etc. that are cut and paste from
other sources including the lecture slides will get ZERO mark.
 All questions must be answered as per the lecture notes and the
discussions in the class. Answers based on textbook alone may not be
sufficient to answer the questions as many additional points are
discussed in the lectures on each topic in the course.
Deferral of exam If you are unwell or experiencing exceptional circumstances, please do not
attempt this exam, as you will not be able to defer once you have started. If
you need to defer this exam please request this on si-net:
https://my.uq.edu.au/information-and-services/manage-my-program/exams-
and-assessment/deferring-exam
Who to contact Should you have any issues about the exam, you should contact Sunil
Venaik, email: svenaik@business.uq.edu.au.
If you experience any technical difficulties during the assessment task,
contact the Library AskUs service for advice. You should also ask for an email
documenting the advice provided so you can provide this to the course
coordinator immediately at svenaik@business.uq.edu.au.
Important exam
condition information
The normal academic integrity rules apply to this assessment task.
 You cannot cut-and-paste material other than your own work as answers.
 You are not permitted to consult any other person – whether directly,
online, or through any other means – about any aspect of this
assessment during the period that this assessment is available.
If it is found that you have given or sought outside assistance with this
assessment then that will be deemed to be cheating and will result in
disciplinary action.
By undertaking this online assessment you will be deemed to have
acknowledged UQ’s academic integrity pledge to have made the following
declaration:
“I certify that my submitted answers are entirely my own work and that I have
neither given nor received any unauthorised assistance on this assessment
item”.














For Examiner Use Only

QUESTION MARK
1
2
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4
Total
marks/40


Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 3

QUESTION ONE (10 marks)
You are the global Human Resource Director in a large multinational company. You would like to
conduct a large-scale culture survey of all employees in your company worldwide to assess the
culture values of your employees in different countries. The aim is to use the results of the survey to
design appropriate management practices across the different subsidiaries of the multinational firm.

Based on the above scenario, critically analyze the three culture perspectives discussed in the class
that could be used to examine culture around the world. Based on your analysis, explain and justify
which of these three culture perspectives would be most suitable to decide whether your
management practices across different countries should be similar or different. Illustrate your
discussion and decision with appropriate example.
PLEASE TYPE YOUR ANSWER ONE BELOW (max 2 pages / max 600 words):






Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 4

QUESTION TWO (10 marks)
As the Chief Financial Officer of a large multinational corporation, you are seriously concerned
about the volatility in foreign exchange rates and their impact on your company’s profits.
Explain the three types of foreign exchange exposure that your multinational company may be
exposed to, and how each of these exposures might affect the company’s strategy and performance.
Discuss the various hedging strategies that the multinational company can pursue to overcome the
adverse impact of foreign exchange rate changes, while doing international business in different
currencies.
PLEASE TYPE YOUR ANSWER TWO BELOW (max 2 pages / max 600 words):






Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 5

QUESTION THREE (10 marks)
A small Australian biotech R&D firm specializes in developing vaccines against different viruses.
The firm employs a small team of scientists, and has limited financial and other resources. It has no
manufacturing facility, and no experience or expertise in domestic or international production,
marketing or operations management. The firm has recently discovered a new vaccine for COVID-
19 that has a large global market, and it wants to make quick profits internationally from its
proprietary new vaccine formulation.

Based on your detailed analysis and evaluation of all possible foreign market entry mode
alternatives, recommend and justify the entry mode that the firm described above should choose
(and should not choose) to enter international markets. Explain the key characteristics of your
selected mode, and how the firm should implement the chosen mode for entering foreign markets.
PLEASE TYPE YOUR ANSWER THREE BELOW (max 2 pages / max 600 words):






Semester 1, 2020, Final Exam IBUS 7302 – Operating International Business
Institute for Teaching and Learning Innovation (ITaLI) | Last updated by UQBS: 5 May 2020 – FINAL UPLOAD BB 22 June 2020 1111am 6

QUESTION FOUR (10 marks)
As the CEO of a medium-size family business, you are seeking different approaches to enhance the
value of your firm. In one of the sessions in the Operating International Business course, you learnt
how internationalization could help in enhancing firm value.

Based on the above scenario, explain the factors that determine the value of your firm. Discuss how
pursuing an international business strategy can advance each of these factors and contribute to
enhancing the value of your business. Illustrate your discussion with appropriate example.
PLEASE TYPE YOUR ANSWER FOUR BELOW (max 2 pages / max 600 words):