MB0053 –International Business Management

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DRIVE

SUMMER 2016

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,

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

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 income

·          

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

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

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