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DRIVE-Spring 2015
PROGRAM/SEMESTER-MBADS/
MBAFLEX/ MBAHCSN3/ MBAN2 – SEM 4PGDBMN/ PGDENMN/ PGDFMN/ PGDHRMN/ PGDHSMN/
PGDIB/PGDISMN/ PGDMMN/ PGDOMN/ PGDPMN/ PGDROMN/PGDSCMN/ PGDTQMN – SEM 2
SUBJECT CODE
&NAME-MB0053 –International Business Management
Q1.
“The world economy is globalizing at an accelerating pace”. Discuss
thisstatement and list the benefits of globalization.
(Discuss
the statement-6, Listing the benefits-4) 10 marks
The
world economy is globalizing at an accelerating pace
The world economy is globalising
at an accelerating pace. Countries that were previously closed toforeign
companies have now opened up their markets. Internet has madethe world a
smaller place. All these factors have contributed to
Q.2:
Discuss the role of demographic environment in international business.
Demographic
environment (10 marks)
Answer:
Demographic
environment:
The demographic environment strategy for
international markets are:
Segment selection
Demographic profiling of the country helps us select
the right segments for which we should offer its products or services. By
properly appraising demographic factors such as age; gender; ethnicity;
education background; cultural &
Q3.
Regional
integration is helping the countries in growing their trade. Discuss this
statement. Describe in brief the various types of regional integrations.
(Regional
integration-3,
types-7) 10 marks
Answer.
Regional
integration
Regional integration can be
defined as the unification of countries into a larger whole. It also reflects a
country’s willingness to share or unify into a larger whole. The level of
integration of a country with other countries is determined by what it shares
and how it shares. Regional integration requires some compromise on the part of
participating
Q.4:
Write short note on:10 marks (5 each)
a)
Foreign currency derivatives
b)
Bases of international tax systems
Answer:
a)
Meaning and role of foreign currency derivatives
Currency derivative is defined as a financial contract
that seeks to swap two currencies at a predetermined rate. It can also be
termed as the agreement where the value can be determined from the rate of
exchange of two currencies at the
Q.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-up planning.10 marks (5 each)
Types
of strategic planning
Top-down
vs bottom-up Planning
Answer:
Types
of strategic planning:
Any business plan can be classified into three
types.
They are:
Strategic planning: This planning process
is the best among the three business planning processes. It is a long-term
process that the business owners utilise to unveil their business’ vision and
mission. It also determines a gateway for
Q6.
Discuss the
various payment terms in international trade. Which is the safestmethod and
why?
(The
modes of payment-8, Safest mode-2) 10 marks
Answer.
Various
payment terms and payment methods in international trade
Since international trade deals
with exchange of goods, there are various ways in which the payment terms
(finance) will be handled. Bothe seller and trader should be careful about the
method of payment as they are at different locations
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