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DRIVE
Spring
2017
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
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
|
|
Japan
|
It
is difficult if Japanese language is not known. The combination of vagueness
and lack of understanding of the language results in problems which make decision-making
very difficult. Body language is very minimal and hence difficult to read for
an untrained observer. The Japanese sit in a formal upright posture and look still.
Visibility of reaction or emotion is rare.
|
Discrimination
towards women in the workplace still exists. Women are assigned to perform
lower grade tasks. Women from western countries working in Japan probably
face difficulties working with Japanese male co-workers.
|
The
Japanese mainstream business follows a conventional business dress code of
dark suit, shirt and tie. Business dress must be restrained and formal for women.
In business, women do not wear trousers.
|
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
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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