Monday, 20 February 2017

mb0053 smu mba winter 2016 (april/may 2017 exam) IVth sem assignment

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DRIVE
Winter 2016
PROGRAM
Master of Business Administration- MBA
SEMESTER
Semester 4
SUBJECT CODE & NAME
MB0053 –International Business Management

1 Write down the difference between international Vs global business? And what are the benefits of globalization?
Write down the difference between international Vs global business
What are the benefits of globalization

Answer: International vs. global business
Most of us assume that international and global business are the same and that any company that deals with another country for its business is an international or global company. In fact, there is a considerable difference between the two terms.

International companies – Companies that deal with foreign countries for their business are considered as international companies.


2 Elaborate in detail comparative study on cultures of Japan, China, Brazil and France.
Elaborate in detail comparative study on cultures of Japan, China, Brazil and France

Answer: Comparative study on cultures of Japan, China, Brazil and France
Country
Communication style
Women in business
Business dress code


3 Write a short note on Advantages of foreign direct investment and types of foreign direct investment.
Write a short note on Advantages of foreign direct investment and types of foreign direct investment

Answer: Advantages of Foreign Direct Investment
a.      Easier integration into global economy: A developing country like India is keenly interested to have foreign investment in their economy as it can gain greater access and foothold in other economies of the world. Foreign investor may manufacture the products that may be meant for global markets

4 What are the key objectives and function of World Trade organization?
What are the key objectives of WTO
What are the key functions of WTO

Answer: The key objective of WTO is to promote and ensure international trade in developing countries. The other major functions include:
·         Helping trade flows by encouraging nations to adopt discriminatory trade policies.
·         Promoting employment, expanding productions and trade and raising standard of living and


5 Explain in detail about international regulatory Bodies.
Explain in detail about international regulatory Bodies.

Answer: International Regulatory Bodies
European Union
European Union is pro-active in the harmonisation process. European Commission sets directives, which are orders to the member countries, to bring their laws inline with EU needs, within some transition period. The earlier accounting directives are:
·         The nature and design of financial statements.
·         The



6 What are the various export promotion schemes offered by government in order to promote export from the country?
What are the various export promotion schemes offered by government.

Answer: Export promotion and assistance schemes in India
Export incentives and benefits
Duty neutralization and remission
Capacity building and infrastructural support



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