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                   1.  What is ‘Market Development Strategy’? How can the same be applied by the entrepreneur?
                   2.  How can an entrepreneur enter a foreign market?
                   3.  Give one example of Licensing.
                   4.  What is contract manufacturing?
                   5.  Give examples of famous merger and takeover of companies in India.
                   6.  Describe an example of collaboration.
                   7.  What do you mean by Indirect Export?
                   8.  Explain Direct Export.
                   9.  What are Joint Ventures? Explain.
                   10. Describe one example of Joint venture.
                   11. Explain Direct Investment method of going global.
                   12. Give one example of Direct investment.
                   13. Describe Horizontal Integration.
                   14. What is Diversification strategy? Explain.
                   15. World is Shrinking! Explain in what way?(6)
                   16. What changes are being seen in Indian economy in the recent times?
                       Or
                   17. The Indian market is going through a period of upheavals. Explain.
                   18. When a firm doespursue to expansion strategy?
                       (Hints:An expansion strategy is a strategy that a firm pursues:
                       Additional Product: It serves the public in additional product or service or adds markets of
                       functions to its definitions.
                       Growth: The growth is fast in the market in which their products are sold.
                       More profit margin: They tend to have larger than average profit margins.
                       Stretch: A stretch rather than a fit strategy is pursued.
                       New users, etc: New markets, new products, new processes and new usage for old products are
                       regularly developed.
                       Expansion: Internal expansions, mergers and acquisitions are used to achieve expansion.
                       Globalisation: Shifting from local to global markets is an expansion sign.)
                   19. Why is it desirous for a firm to grow and expand?
                   20. Explain the various forms which a profit market expansion can assume.
                   21. New group of customers can be searched in which terms. Explain each.
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