Dear students,
get fully solved assignments by professionals
Do send your
query at :
or call us at
:08263069601
Course : Masters in Business
Administration (MBA 4 Sem)
Subject : International Business
Answer the following question.
Q1. How does political atmosphere
effects international business ? (10marks)
Answer: The political environment
in international business consists of a set of political factors and government
activities in a foreign market that can either facilitate or hinder a business'
ability to conduct business activities in the foreign market. There is often a
high degree of uncertainty when conducting business in a foreign country, and
this risk is often referred to as political risk or sovereign risk.
Common Political Factors
Q2. Which products are majority imports?
(10marks)
Answer: Importing and Exporting
are means of Foreign Trade. Foreign trade is carried out in goods and services
– which includes imports, exports, and the balance of foreign trade – is
presented separately for goods and for services. The total imports, exports,
and balance of foreign trade are presented as summaries of goods and services.
Exporting refers to the selling
of goods and services from the home country to a foreign nation. Whereas,
importing refers to the purchase of foreign products and bringing them into
one’s home country. Further, it is divided in two ways, which are,
Q3. List out organizations related with
international economic environment affiliated with UN. (10marks)
Answer: The United Nations System
Organizations cover a wide variety of organizational entities (centres,
agencies, organizations, commissions, programmes, etc.) with different
institutional and functional structures. The principal organs and subsidiary
bodies of the United Nations Secretariat are included under the regular budget
of the United Nations, as authorized by the General Assembly. Other agencies of
the UN system, however, have their own regular budgets or are financed solely
from voluntary contributions. These latter two
Q4. Describe about duty neutralization
instruments. (10marks)
Answer: A duty is either a form
of taxation or the responsibilities that are held by an individual. A duty can
be a tax levied on certain goods, services or transactions. Duties are
enforceable by law and are imposed on commodities or financial transactions
instead of individuals.
A customs or import duty is a
tariff or tax imposed on goods that are transported across international
borders. The intent of this form of duty is to provide a form of commerce
protection for each country's jobs, economy,
Q5. What are the corrective measures in
India’s foreign trade by the government? (10marks)
Answer: Foreign trade leads to
division of labour and specialisation at the global level. There is no shortage
of labour in India. That is one of the reasons Indian government promotes and
stimulates policies and schemes to expand the Foreign Trade. Let’s see what
measures does the government take to support Foreign Trade.
The government of India initiates
different incentives and plans to help business firms enhance the
competitiveness of their exports. The
Q6. Discuss polycentric approach to
globalization. (10marks)
Answer: Four priorities for
succeeding in a “polycentric” world
1. Redefine global and local
The need for local relevance is
demanding greater decentralization. Leading companies are adopting a more
balanced approach whereby local autonomy is combined with globally consistent
strategic direction, a shared corporate culture and set of values. This allows
companies to draw upon capabilities and resources from anywhere in the world.
Q7. Explain International Trade Theory
(10marks)
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
Q8. What are the different dimensions of
economic environment? (10marks)
Answer: Dimensions of business
environment (or macro environment or general environment) have the following
important factors:
(1) Economic Environment
Among the various factors of
macro
Dear students,
get fully solved assignments by professionals
Do send your
query at :
or call us at
:08263069601
No comments:
Post a Comment
Note: only a member of this blog may post a comment.