DMBA402 MBA INTERNATIONAL BUSINESS MANAGEMENT

Description

SESSION	jul – aug 2024
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	IV
course CODE & NAME	DMBA402 international BUSINESS MANAGEMENT

 

 

Assignment Set – 1

 

 

1. Explain the Importance of International Business. Explain the Challenges Faced While Doing International Business

Ans 1.

International business refers to the trade of goods, services, technology, capital, and knowledge across national borders. It plays a pivotal role in the global economy by fostering interdependence among countries and enabling businesses to expand their operations worldwide. However, engaging in international business also comes with several challenges.

Importance of International Business

1. Economic Growth and

 

 

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2. Write a Short Note on the Following: Impact of Legal Environment on IB and Impact of Culture on IB

Ans 2.

1. Impact of Legal Environment on International Business

The legal environment significantly influences international business operations, as companies must comply with the laws and regulations of the countries where they operate. Key aspects of the legal environment include:

1. Trade Regulations

 

3. Write Notes on the Following: Positive Impact of Globalization and WTO

Ans 3.

1. Positive Impact of Globalization

Globalization refers to the increasing interconnectedness of economies, societies, and cultures through trade, investment, and information exchange. Its positive impacts are evident across various dimensions:

1. Economic Growth Globalization promotes economic development by enabling countries to access

 

 

Assignment Set – 2

 

4. What is International Financial Management? Explain the Types of International Accounting Standards

Ans 4.

International Financial Management

International Financial Management (IFM) involves managing financial resources in a global business environment. It encompasses investment, financing, and risk management activities across different countries, currencies, and regulatory frameworks. The goal is to maximize profitability while minimizing financial

 

5. Explain FDI? Elaborate the Advantages and Disadvantages of FDI

Ans 5.

Foreign Direct Investment (FDI)

Foreign Direct Investment (FDI) refers to the investment made by a company or individual from one country into business interests located in another country. Unlike portfolio investments, which involve passive holdings of financial assets, FDI involves establishing a lasting interest, such as ownership of

 

 

6. Write Notes on the Following: Recruitment of Expatriates and Export Promotion Schemes

Ans 6.

Recruitment of Expatriates

Recruitment of expatriates refers to the process of hiring employees from a company’s home country or other foreign countries to work in its overseas operations. Expatriates often play critical roles in transferring knowledge, implementing corporate policies, and bridging cultural gaps in international business environments.

One key aspect of recruiting expatriates is identifying individuals with the right technical expertise, cultural