Explain role of informal institutions in growth of business

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1. Full form of GDP and what is the difference between GDP and GDP per Capita

2. Define or explain Purchase Power Parity in two lines

3. Which of these are Formal Institutions and Informal Institutions

a. Laws

b. Ethics

c. Culture

d. Regulations

e. Norms

f. Rules

4. Name two countries under Theocratic Laws

5. Name at least two of the three kinds of economies

6. Name two characteristics each of Low Context and High Context cultures

7. Expand SWOT and VRIO

8. Name at least two out of 3 each of the Classic Based Theories and Firm Based Theories

9. Difference between Horizontal and Vertical FDI

10. In foreign exchange terminology what is spot and forward

11. Draw a 5 point VRIO chart for Swiggy

12. Explain the impact both negative and positive on a strong rupee on Indian Economy

13. Explain the role of informal institutions in the growth of business in any country.

Reference no: EM132184754

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