Distinguish between 'business strategy' and 'corporate strategy'. How can value chain analysis be applied to determine strengths and weaknesses at the level of 'business' and the 'firm' level?

3Medium10 marks

India is the world's most attractive destination for sourcing services with abundance of manpower, both skilled and semi-skilled. Explain various 'modes' of trading services under the GATT Agreement. Critically evaluate the conflict between developing countries including India and developed countries in international expansion of services.

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