Balance of invisible transfers


Question1. “Management at all levels of specialized functions, is affected by the critical elements of the business environment”.  Elucidate with appropriate examples.

Question2. What is the exact position of China in so far as its economic system/structure and the role of the Government are concerned?  How would you describe its economic system?

Question3. Name and briefly describe a sick unit with which you are familiar or identify one such unit and briefly attempt the following:
a) Reasons which caused sickness, comprising management breakdowns and the present position.
b) Measures, if any, initiated for ensuring its healthy functioning.
   
Question4. a) Define the following: Balance of trade; balance of invisible transfers; current account balance; capital account balance and balance of payments.
b) Make a write up on demerits and merits of currency convertibility for a rising country.

Question5. Gather data on foreign technical and financial relationships for the last ten years and write down a detailed note on the annual trends of these collaborations.

Question6. a) Differentiate between basic restructuring and financial restructuring.
b) Discuss the several organizational measures that promote privatization.

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Managerial Economics: Balance of invisible transfers
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