MB0053 -International Business Management
Content
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ASSIGNMENT
DRIVE
PROGRAM
SUBJECT CODE &
NAME
BK ID
Credit and Max.
Marks
SUMMER 2015
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.
1 “The world economy is globalizing at an accelerating pace”. Discuss
this statement and list the benefits of globalization.
Answer: Globalization is the tendency of investment funds and businesses to
move beyond domestic and national markets to other markets around the globe,
thereby increasing the interconnectedness of different markets. Globalization has
had the effect of markedly increasing not only international trade, but also
cultural exchange. The advantages and
2. 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 fields as a paradigm for research,[citation needed]
particularly in cross-cultural psychology, international management, and crosscultural communication.
3 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,
4. 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
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 of a territorial, residency, or exclusionary
system. Some governments have attempted to mitigate the differing limitations
of each of these three broad systems by enacting a hybrid
5. 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
6 Discuss the various payment terms in international trade. Which is
the safest method and why?
Answer:International trade is the exchange of capital, goods, and services
across international borders or territories. In most countries, such trade
represents a significant share of gross domestic product (GDP). International
trade is the exchange of goods and services between countries. This type of
trade gives rise to a world economy, in which prices, or supply and demand,
affect and are affected by global events.There is no predefined definition of
personal import. In general a personal import is a direct purchase of foreign
goods from
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id
:
[email protected]
or
call us at : 08263069601
Send your semester & Specialization name to our mail id
:
[email protected]
or
call us at : 08263069601
ASSIGNMENT
DRIVE
PROGRAM
SUBJECT CODE &
NAME
BK ID
Credit and Max.
Marks
SUMMER 2015
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.
1 “The world economy is globalizing at an accelerating pace”. Discuss
this statement and list the benefits of globalization.
Answer: Globalization is the tendency of investment funds and businesses to
move beyond domestic and national markets to other markets around the globe,
thereby increasing the interconnectedness of different markets. Globalization has
had the effect of markedly increasing not only international trade, but also
cultural exchange. The advantages and
2. 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 fields as a paradigm for research,[citation needed]
particularly in cross-cultural psychology, international management, and crosscultural communication.
3 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,
4. 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
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 of a territorial, residency, or exclusionary
system. Some governments have attempted to mitigate the differing limitations
of each of these three broad systems by enacting a hybrid
5. 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
6 Discuss the various payment terms in international trade. Which is
the safest method and why?
Answer:International trade is the exchange of capital, goods, and services
across international borders or territories. In most countries, such trade
represents a significant share of gross domestic product (GDP). International
trade is the exchange of goods and services between countries. This type of
trade gives rise to a world economy, in which prices, or supply and demand,
affect and are affected by global events.There is no predefined definition of
personal import. In general a personal import is a direct purchase of foreign
goods from
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id
:
[email protected]
or
call us at : 08263069601
