SMU MBA - IB - SPRING 2016 -SOLVED ASSIGNMENTS

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DRIVE: Winter 2015
PROGRAM: MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDIB (SEM 1))
SUBJECT CODE & NAME: IB0013 –Export Import management
BK ID: B 1907
CREDIT & MARKS: 4 CREDITS, 60 MARKS

Q.1: What do you mean by export? How many types of exports are there? Discuss.
Meaning (5 marks)
Types (5 marks)
Ans:
Meaning:
Traditionally, export is the process by which goods, services or knowledge are traded across national and international boundaries. Exporting is merely trading with the only difference that the customer lives in

Q2. What is RCMC? What is its purpose? How is it obtained?
(RCMC and its purpose, Procedure) 4, 6
Answer:
It has been provided under FTP 2009-14 that an export firm shall be granted license to import/export of items other than restricted items of export/ import or any other benefit/ concession available under the EXIM policy if it has obtained the Registration-cum-Membership Certificate (


Q3. Discuss the stages in processing of an export order.
(Stages in export order) 10
Answer:
The processing of an export order is a part of export business. There are considerable risks involved in processing an export order; therefore, there is a need of proper care and caution from the side of both parties


Q.4: Write short notes on:
(a) Transport risk (5 marks)
(b) Credit risk (5 marks)
Meaning and effect of transport risk
Meaning and effect of credit risk
Ans:
Meaning and effect of transport risk:
This risk occurs where the goods are stolen, pilfered or damaged while in transit. Commercial marine insurance policies will insure the goods against transport risks. These protect the producer/

Q.5: What is the significance of bill of lading for exporter and importer? Explain any 2 types.
Bill of lading (5 marks)
2 types of B/L (5 marks)
Ans:
Bill of lading:
For Exporter
1. It is an acknowledgment from the shipping company that the goods have been received for the purpose of shipment.
2. After receipt of B/L,


Q.6: What are the different types of custom duties levied on imported goods?
Explain the types of custom duties (10 marks)
Ans:
Explain the types of custom duties
Basic custom duty: Duty which is imposed on the value of goods at a specific rate is known as basic custom duty. It is fixed at a specified rate on ad-valorem basis. Ad Valorem duties are based on value and
ib0012 smu mba winter 2015 (april/may 2016 exam) IIIrd sem assignment





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DRIVE: Winter 2015
PROGRAM: MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDIB (SEM 1)
SUBJECT CODE & NAME: IB0012 – Management of Multinational Corporations
BK ID: B 1906
CREDIT & MARKS: 4 CREDITS, 60 MARKS

Q1. What are the benefits of MNCs to home and host countries?
(Benefit to home country, Benefit to host country) 5, 5
Answer:
Benefit to home country:

• MNCs help the home country gain access to raw materials available in foreign markets, which is relatively cheaper in price.
• MNCs create ample opportunities for marketing products manufactured in the home country

Q.2: What do you understand by global sourcing? What are the different forms of global sourcing? Elucidate.
Meaning of global sourcing (4 marks)
Forms of global sourcing (6 marks)
Ans:
Meaning of global sourcing
procurement strategy in which a business seeks to find the most cost efficient location for manufacturing aproduct, even if the location is in a foreign country. For example, if a toy manufacturer finds that

Q3. What is the need and importance of global strategy for MNCs?
(Need of global strategy, Importance) 5, 5
Answer:
Need of global strategy:

When companies declare that they are ‘going global,’ what they actually mean is that they are entering global markets, i.e.,

Q.4: How is the performance of employees assessed and appraised in multinational corporations? Explain in brief.
Performance appraisal in MNCs (10 marks)
Ans:
The concept of multi-nationality has a number of dimensions. For some the criterion may be ownership of the organization whereas for others it may be nationalities of the senior management. Some may decide

Q.5: What are the main reasons pertaining to the inadequate attention towards issues relating to labour relations in MNCs?
Reasons (10 marks)
Ans:
MNCs use the resources of the host countries in most efficient manner so as to gain the maximum ignoring the wishes of the local politicians. The MNCs no doubt bring capital and technology and

Q.6: Write short notes on:
a. Indian MNCs (5 marks)
b. FDI and MNC (5 marks)
Ans:
a. Role and growth of Indian MNCs with examples
Indian MNCs are small in size. In recent years, due to the policy of economic reforms, Indian Companies are also becoming global. Some of the prominent Indian MNCs are:
i) Tata Steel
ii) Tata

ib0011 smu mba winter 2015 (april/may 2016 exam) IIIrd sem assignment






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DRIVE- Winter 2015
PROGRAM- MBADS (SEM 4/SEM 6)
MBAFLEX/ MBA (SEM 4) PGDMMN (SEM 2)
SUBJECT CODE & NAME-IB0011– International Marketing

Qus:1 The orientation of a company’s top management, its beliefs and assumptions significantly impact its approach to international marketing. Discuss the concept of EPRG framework.
·         Management orientations
·         Effect on international marketing
Answer:
Management orientations:
The orientation of a company’s top management, its beliefs and assumptions significantly impact its approach to international marketing. The concept consisting of Ethnocentric, Polycentric, Regiocentric and Geocentric is widely known as EPRG framework, and it is

Q.2: Hofstede’s cultural classification helps in understanding the cultural diversity. Discuss the 4 dimensions with examples.
Hofstede’s dimensions

Answer:
Hofstede’s dimensions:

Power distance

The term “power distance” refers to the degree of inequality among people who are viewed equal. Power distance implies the ways through which people develop interpersonal relationship in a society. The hierarchy of relationships is of two kinds, namely, vertical and horizontal. In vertical hierarchy, there is a consideration given to the status, class and other modes of power possessed by


Q.3: How are the international markets segmented on the basis of development?
4 categories

Answer:
4 categories:
Market segmentation is the process of subdividing a market into distinct subsets of customers that behave in the same way or have similar needs. Each subset may conceivably be chosen as a market target to be reached with a distinctive marketing strategy. Some widely used bases of segmentation are discussed below in sub sections.

1 Geographic

Qus: 4Differentiate between national and international products, global and standardised products with examples.
Answer:
Differentiate between national and international products:
National products are made for a specific national market whereas international products are made for regional and multinational markets.

National products:

A national product is one that, in the context of a particular company, is offered in a single national market. Sometimes national products appear when a global company caters to the needs and preferences of particular country markets. For example, Coca-Cola

Qus:5Write short notes on:
a) Containerization
b) 4 PL operators
a) Role and benefits of containerization
b) meaning and role of 4PL operators
Answer:
a) Role and benefits of containerization:
Containerisation has revolutionised maritime business throughout the world. Cargo-carrying containers are an integral part of the transport industry. Containers facilitate both the unitisation and carriage of cargo through different modes of transportation. Containerisation has ultimately provided an ideal unit load, which meets all the logistical requirements. It not only eliminates conventional time


Qus:6Choose a product and explain how you will prepare seven steps in a global e-marketing plan?
·         Choosing the product
·         Global e marketing plan
Answer:
Choosing the product:
A product is the main offering of a company to its customers. It defines the customer segments and competitors for the company. Five aspects of

ib0010 smu mba winter 2015 (april/may 2016 exam) IIIrd sem assignment











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DRIVE Winter 2015
PROGRAM-MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM 4)PGDFMN (SEM 2)
SUBJECT CODE & NAME-IB0010 & INTERNATIONAL FINANCIAL MANAGEMENT
BK ID-B1759
CREDIT & MARKS-4 Credits, 60 marks


Q1. Discuss the goals of international financial management. 10
Answer: Goals of International Financial management: Effective financial management is not limited to the application of the latest business techniques or functioning more efficiently but includes maximization of wealth meaning that it aims to offer profit to the shareholder, the owners of the businesses and to ensure that they gain


Q2. In foreign exchange market many types of transactions take place. Discuss the meaning and role of forward, future and options market.
(Forward market, Future, options) 3, 3, 4
Answer:
Forward Market
In the forward market, contracts are made to buy and sell currencies for future d0elivery, say, after a fortnight, one month, two months and so on. The rate of exchange for the transaction is agreed upon on the very day the deal is finalized.
The rate of exchange for the transaction is agreed upon on the very day the deal is finalized. The forward rates with varying maturity are quoted in the

Q3.Thousands of years back the concept of bartering between parties was prevalent, when the concept of money had not evolved. Explain on counter trade with examples
(Introduction of counter trade, Explanation of Different forms of counter trade, Examples) 3, 5, 2
Answer.
Counter trade
When the concept of money had not evolved. A person could give say 100 bags of wheat and get wood or coal, a certain quantity for cooking. These bartering contracts were between individuals or small kingdoms. Bartering exists today also but at different level. For example, Iran may give 100 million barrels of oil to France and get 5000 guns of certain type in exchange. We can say that bartering is exchange of


Q4.There is different techniques of exposure management. One is the Managing Transaction Exposure and the other one is the managing operating exposure, so you have to explain on both Managing Transaction Exposure and Managing Operating Exposure.
(Explanation of Managing transaction exposure, Explanation of Managing operating exposure) 5, 5
Answer.
Managing transaction exposure
Transaction exposure calculates gains or losses which occur after the current financial compulsions according to terms of reference are resolved. Taken that the deal would lead to a future inflow or outflow of foreign currency cash, any unprecedented alterations in rate of exchange amid the period in which transaction is


Q5. There is a country risk involved every time an MNC operates in a different country. Discuss the two approaches to country risk management.
(2 approaches) 10
Answer:
Approaches to country risk management
There are two approaches to country risk management.

1.      Defensive approach: In this approach, the company tries to protect its interest by finding those aspects of the company


Q6.Write short note on:
a)      American Depository Receipts(ADR)
b)    Portfolio

 (Explanation of ADR, Explanation of portfolio) 5, 5
Answer.
American Depository Receipts (ADR):
It represents ownership in the shares of a non-US company and trades in the American stock markets. ADRs enable American investors to buy shares in foreign company without any issue of cross-border and cross-currency transactions. ADRs carry price in American dollar, pay dividend in the same currency

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