MGT520 Current Midterm Paper Fall 2013 Shared by File 7

Today Paper
Total Questions: 27
Total MCQs of 1 Mark: 22
Total Short Subjective Question of 3 Marks:3
Total Long Subjective Question of 5 Marks:2

1. define three basic legal system (3 marks)

2. after 1980 mostly countries shifted their economies from planed an mixed economy system to free market economy system. what were the basic reason for it.

3. what is religion and ethics system and do they effect economy ?? (3 marks)

4. which political system is most appropriate for entrepreneurship? Give reason !!

5. what is the free trade theory of Adam smith. Define its characteristics