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MB0053-International Business Management

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Master of Business Administration - MBA Semester 4
MB0053-International Business Management
(Book ID: B1724)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10
marks 6 X 10=60.
Q1. Write down the difference between international Vs global business? And what are the benefits of
Answer. International Companies: Companies that deal with foreign companies for their business are
considered as international companies. They can be exporters or importers who may not have any
investments in any other country, apart from their home country.
Global Companies: Companies, which invest in other countries for business and also operates from other
countries, are considered as global companies. They have multiple manufacturing plants across the globe,
catering to multiple markets.
Q2. Elaborate in detail comparative study on cultures of Japan, China, Brazil and France.
Answer. Management styles are characteristic ways of making decisions and relating to the organization,
managers, and subordinates. Different management styles can be employed dependent on the culture of
the business, the nature of the task, the nature of the workforce and the personality and skills of the
Q3. Write a short note on Advantages of foreign direct investment and types of foreign direct
Answer. Foreign direct investment (FDI) is an investment in a business by an investor from another
country for which the foreign investor has control over the company purchased. The Organization of
Economic Cooperation and Development (OECD) define control as owning 10% or more of the business.
Q4. What are the key objectives and function of World Trade organization?
Answer. World Trade Organization (WTO), international organization established to supervise and
liberalize world trade. The WTO is the successor to the General Agreement on Tariffs and Trade (GATT),
which was created in 1947 in the expectation that it would soon be replaced by a specialized agency of the
United Nations (UN) to be called the International Trade Organization (ITO). Although the ITO never
Q5. Explain in detail about international regulatory Bodies.
Answer. The International Monetary Fund (IMF) concluded that Guernsey has ‘a high level of compliance’
with each of the international standards against which the Bailiwick was assessed - the Basel Core
Principles for Effective Banking Supervision, the Insurance Core Principles of the International Association
of Insurance Supervisors; the Objectives and Principles of Securities Regulation of the International
Organization of Securities Commissions; and the Financial Action Task Force 40+8 Recommendations.
Q6. What are the various export promotion schemes offered by government in order to promote export
from the country?
Answer. Export Promotion Schemes
The Government of India has framed several schemes to promote exports and to obtain foreign exchange.
These schemes grants incentive and other benefits. The few important export incentives, from the point of
view of indirect taxes are briefed below:
1. Free Trade Zones (FTZ)
awback can be claimed.
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