MBA402 - INTERNATIONAL BUSINESS

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ASSIGNMENT

DRIVE	FALL 2018
PROGRAM	MBA
SEMESTER	4
SUBJECT CODE & NAME	MBA402 - INTERNATIONAL BUSINESS
BK ID	B1724
CREDITS	2, 4
MARKS	30

Note – The Assignment is divided into 2 sets. You have to answer all questions in both sets. Average score of both assignments scored by you will be considered as your IA score. Kindly note that answers for 10 marks questions should be approximately of 400 words.

SET I

Question.1. Define international Business. What are the various factors affecting international Business? 

Answer:International business encompasses all commercial activities that take place to promote the transfer of goods, services, resources, people, ideas, and technologies across national boundaries.

International business occurs in many different formats:

·       The movement of goods from country

Question.2. Explain detail structure of WTO with diagram.

Answer:The structure of the WTO is dominated by its highest authority, the Ministerial Conference, composed of representatives of all WTO members, which is required to meet at least every two years and which can take decisions on all matters under any of the multilateral trade agreements.

Question.3. Write a short note on international regulatory bodies.

Answer:Fletcher, Heald&Hildreth, PLC attorneys have represented clients before a number of international regulatory bodies. We have participated in proceedings organized by:

·       The International Telecommunications Union (including the Plenipotentiary Conference held every four years and the World Summit on Information Society);

·       The European Court of Human Rights;

·       Helping television stations and video programmers obtain carriage on cable television and direct broadcast satellite systems via must carry or retransmission consent;

·       The Inter-American Court of Human

SET II

Question. 1. What are the four methods of payment for the international Transactions?

Answer:Once you make all your purchases and head to the cash register, you have a decision to make: how are you going to pay? Maybe you pull out your checkbook to write a check, or perhaps you reach for one of your credit cards. You may even pay with cash or have a gift card to use.

Just as there are varied payment methods for consumers at the retail point of sale, buyers and sellers of goods across the boundaries of country and continent have many options for paying for their purchases. In this lesson, we'll explore some of those international payment methods and define them in more details.

Question.2. Explain in detail about short-term credit and long-term credit.

Answer:In a business, there comes a point in time wherein you turn to fundraising. This can be by using your personal savings, raising funds through investors, or the more common option, taking out a loan. A loan is a borrowed sum of money, the principal, to be paid back at a pre-determined maturity date, plus interest, which could be either a fixed or variable rate. Just a quick browse online and you’ll see that loans can range from a prepayment period of 1 year to as long as 10 years.  While it’s not obvious yet, a one-year loan term varies greatly from a 10-year one, and you’ll soon figure out why as you continue reading the article.

Question.3. What are the various advantages of global sourcing?

Answer:It is a well-known fact that the cost to manufacture products in a low-cost country is significantly less than that of products manufactured in a developed country. Many companies in the UK enjoy the benefits of lower production costs by sourcing their products globally.

iPRO Location Map

In taking advantage of global sourcing, with a solution partner such as iPRO, a company can get much more for its money. Moreover, when

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id

help.mbaassignments@gmail.com

or

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