MB0053 -International Business Management

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ASSIGNMENT
DRIVE
PROGRAM

SUBJECT CODE &
NAME
BK ID
Credit and Max.
Marks

SPRING 2016
MBADS / MBAN2 / MBAHCSN3 / MBAFLEX –
(SEM 4)
PGDENMN /PGDFMN/ PGDHRMN / PGDHSMN /
PGDIB /
PGDISMN / PGDMMN / PGDOMN / PGDPMN /
PGDROMN / PGDSCMN / PGDTQMN – (SEM 2)
MB0053 –International Business Management
B1724
4 credits; 60 marks

Note: Answer all questions. Kindly note that answers for 10 marks
questions should be approximately of 400 words. Each question is
followed by evaluation scheme.
Q1. Explain the different international trade theories?
Answer: What Is International Trade?
International trade theories are simply different theories to explain international
trade. Trade is the concept of exchanging goods and services between two
people or entities. International trade is then the concept of this exchange
between people or entities in two different countries.
People or entities trade because they believe that they benefit from the
exchange. They may need or want the goods or services. While at the surface,
this many sound very simple, there is a great deal of theory, policy, and business
strategy that constitutes international trade.

Q2. Hofstede said “Culture is more often a source of conflict than of
synergy”. Discuss this statement and explain the five cultural
dimensions.
Answer: Hofstede's cultural dimensions theory is a framework for cross-cultural
communication, developed by Geert Hofstede. It describes the effects of a
society's culture on the values of its members, and how these values relate to

behavior, using a structure derived from factor analysis. The theory has been
widely used in several

Q3 Regional integration is helping the countries in growing their trade.
Discuss this statement. Describe in brief the various types of regional
integrations.
Answer: Regional integration is a process in which neighboring states enter into
an agreement in order to upgrade cooperation through common institutions and
rules. The objectives of the agreement could range from economic to political to
environmental, although it has typically taken the form of a political economy
initiative where commercial interests are the focus for achieving broader sociopolitical and security objectives, as defined by national governments. Regional
integration has been organized either via

Q4. Write short note on:
a) Foreign currency derivatives
Answer:A foreign exchange derivative is a financial derivative whose payoff
depends on the foreign exchange rate(s) of two (or more) currencies. These
instruments are commonly used for currency speculation and arbitrage or for
hedging foreign exchange risk.With a foreign exchange (forex) derivative, the
owner has the right but not the obligation to exchange money denominated in
one currency for another currency at a pre-determined exchange rate and date.
The forex derivatives market is the largest market in the world, with over $

b) bases of international tax systems
Answer:International taxation is the study or determination of tax on a person
or business subject to the tax laws of different countries or the international
aspects of an individual country's tax laws as the case may be. Governments
usually limit the scope of their income taxation in some manner territorially or
provide for offsets to taxation relating to extraterritorial income. The manner of
limitation generally takes the form

Q5. Strategic planning involves allocation of resources to firms to fulfil
their long term goals. What are the types of strategic planning?
Compare Top-down Vs Bottom-upplanning.
Answer:Strategic planning is an organization's process of defining its strategy,
or direction, and making decisions on allocating its resources to pursue this
strategy. It may also extend to control mechanisms for guiding the
implementation of the strategy.Following the generation of a vision and mission
statement, and the subsequent operations that will allow these to be achieved,

smaller facets of the planning process begin to come into play. These include five
general planning frames, which can be applied to different aspects of the
operational
Q6 Explain the function of human resource planning. Discuss the scope
of International Human Resource Management
Answer : Human resource is the most important asset of an organisation. Human
resources planning are the important managerial function. It ensures the right
type of people, in the right number, at the right time and place, who are trained
and motivated to do the right kind of work at the right time, there is generally a
shortage of suitable persons.
As a small-business owner, you may find that human resources sometimes gets
pushed to the side of your business plan or organizational management strategy.
The planning involved in effective human resources can, however, help your
small

Dear students get fully solved assignments
Send your semester & Specialization name to our mail id
:
[email protected]
or
call us at : 08263069601

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