MB0053 - International Business Management

Posted by : Unknown | Tuesday, October 4, 2011 | Published in

MB0053 – International Business Management – 4 Credits
Assignment Set- 1 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.

Q.1 What is globalization? What are its benefits? How does globalization help in international business? Give some instances. [10 marks]

Globalization (or globalisation) describes the process by which regional economies, societies, and cultures have become integrated through communication, transportation, and trade. The term is most closely associated with the term economic globalization: the integration of national economies into the international economy through trade, foreign direct investment,capital flows, migration, the spread of technology, and military presence.[1] However, globalization is usually recognized as being driven by a combination of economic, technological, sociocultural, political, and biological factors.[2] The term can also refer to the transnational circulation of ideas, languages, or popular culture through acculturation. An aspect of the world which has gone through the process can be said to be globalized.
Against this view, an alternative approach stresses how globalization has actually decreased inter-cultural contacts while increasing the possibility of international and intra-national conflict

After reading this online unit, and attending the lecture, the student will
o be able to define what globalization means in the context of int’l business
o understand the effects of globalization in terms of corporate competitiveness
o be able to define U.S. and Canadian differences in opinion on the issue of globalization
o know some of the positions that entities have on the “pro” and “con” side
o be aware of some of opportunities, and challenges, facing SMEs dealing with globalization
o be able to explain how globalization effects sustainable development
o be aware of some of the issues in the worldwide protests for, and against globalization
o be able to explain how globalization effects social justice in some effected regions
o understand how the global activities of large companies may effect national sovereignty
o know some specific examples of the effect of globalization on business in Canada

Definition of Globalization
o People around the globe are more connected to each other than ever before.
o Information and money flow more quickly than ever.
o Goods and services produced in one part of the world are increasingly available in all parts of the world.
o International travel is more frequent.
o International communication is commonplace.
This phenomenon has been titled “globalization.”

Q.2 What is culture and in the context of international business environment how does it impact international business decisions? [10 marks]
Q.3 Cosmos Limited wants to enter international markets. Will country risk analysis help Cosmos Limited to take correct decisions? Substantiate your answer. [10 marks]
Q.4 How can managers in international companies adjust to the ethical factors influencing countries? Is it possible to establish international ethical codes? Briefly explain. [10 marks]
Q.5 Discuss the international marketing strategies. How is it different from domestic marketing strategies? [10 marks]
Q.6 Explain briefly the international financial management components with examples and applicability. [10 marks] February 2011

Master of Business Administration-MBA Semester 4
MB0053 – International Business Management – 4 Credits
Assignment Set- 2 (60 Marks)
Note: Each question carries 10 Marks. Answer all the questions.
Q.1 What is WTO? Explain its objectives, functions and structure. [10 marks]
Q.2 Explain briefly the nature of e-business and the challenges involved. [10 marks]
Q.3 Mention the relevance of these terms in International business – Letter of credit, Bill of Lading and Factoring. [10 marks]
Q.4 a) Explain the role played by EXIM bank. [05 marks]
b) What are B2B and C2B business models? [05 marks]
Q.5 What kind of impact will globalization and international business environment create on Indian businesses? [10 marks]
Q.6 Discuss any 3 regional trading agreements and its effect on international business. [10 marks]

comments

  1. Unknown said...

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