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Master of
Business Administration - MBA Semester 4
MBA402 - International
Business Management
Set - 1
Q1. Define international Business?
What are the various factors affecting international Business?
Definition
international Business
Answer. Various factors affecting
international Business
International
business can be defined as any business that crosses the national borders of a
country. It includes importing and exporting; international movement of goods,
services, employees, technology, licensing, and franchising of intellectual
property (trademarks, patents, copyright and so on). International business includes
investment in financial and
Q2. Explain detail structure of WTO
with diagram?
Structure of
WTO with Diagram.
Answer. WTO was established on 1st January
1995. In April 1994, the Final Act was signed at a meeting in Marrakesh,
Morocco. The Marrakesh Declaration of 15th April 1994 was formed to strengthen
the
Q3. Write a short note on
international regulatory bodies.
Ø European Union
Ø United nations
Ø OECD
Ø IASC
Ø IFA
Answer. European Union
European
Union is pro-active in the harmonisation process. European Commission sets
directives,
Set - 2
Q1. What are the four methods of
payment for the international Transactions?
Answer.
Since
international trade deals with exchange of goods, there are various ways in
which the payment terms (finance) will be handled. Bothe seller and trader
should be careful about the
Q2. Explain in detail about short
term credit and long term credit.
Answer. Short term credit
The short
term credit is provided in the form of pre-shipment and post shipment finance.
This can be provided by the commercial banks that are authorized dealers in the
foreign exchange. Short term credits
Q3. What are the various advantages
of global sourcing?
Answer. Advantages of Global Sourcing
As business
operations diversified in the global production chain due to globalization,
companies have to evaluate their choices, decisions and strategy for
outsourcing different components at a cost effective level from all around the
world. Outsourcing offers several advantages as
SPRING-2018
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assignments at nominal price.
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08894344452, 8219081362
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