IB0013-Export Import management

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Master of Business Administration- MBA Semester 3

IB0013-Export Import management

(Book ID: B1907)

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. What are the various approaches to exporting? Explain the benefits of export?

Answer. Approaches to Exporting:

1. Direct Exporting

In this approach, the exporter handles every aspect of the exporting process from market research to foreign distribution and collections. A significant commitment of management time and attention is required, but this approach can maximize profits and sales growth.

Q2. Explain the procedure for Establishing a Business Firm.

Answer. Any Business is registered as-

1) As a Firm    2) As a LLP    3) As a Company

1. As a Firm:- Firm Registration is also 2 Types

a) Sole Proprietorship Firm- its a very simple process to start any business in India. if you are single owner then just go to nearby Any Bank and say them open your current bank account. in Proprietorship main

*if your budget is more than 16k and do want serious business then choose company as Pvt. ltd or opc and hire a good CA's who's take care of legal compliance of your company.

Q3. What are the Terms and Conditions of an Export Order?

Answer. 1. General information:

Terms of delivery and payment shall apply exclusively. Deviating terms of purchase are objected to. These shall only be effective insofar as and if they have been confirmed in writing.

2. Price basis:

Q5. What are the various types of commercial documents used in export trade?

Answer. 1. Indent

Indent is an order placed by the importers to the exports. It contains the essential information regarding the goods to be imported i.e. quality, quantity, packing, packaging, mode of payment, insurance, price of good, etc.

When the price at which the goods are to be purchased by the importer is clearly stated in an order (Indent), with no options to the exporter, then it called "Closed Indent". If the prices are not mentioned by the importer and it is left to the discretion of the exporter, then it is known as "Open Indent".

Q6. What are the Various Schemes Offered to Exporters?

Types of schemes offered

Answer. 1. Merchandise Exports from India Scheme (MEIS)

(a) Earlier there were 5 different schemes (Focus Product Scheme, Market Linked Focus Product Scheme, Focus Market Scheme, Agri. Infrastructure Incentive Scrip, VKGUY) for rewarding merchandise exports with different kinds of duty scrips with varying conditions (sector specific or actual user only) attached to their use. Now all these schemes have been merged into a single scheme, namely Merchandise Export

IB0012-Management of Multinational Corporations

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Master of Business Administration- MBA Semester 3

IB0012-Management of Multinational Corporations

(Book ID: B1906)

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. What are the benefits of MNCs to home and host countries?

Answer. Following are the main features of MNCs:

Ø  Location – MNCs has their headquarters in home countries and have their operational division spread across foreign countries to minimize the cost.

Ø  Capital Assets – Major portion of the capital assets of the parent company is owned by the citizens of the company’s home country.

Ø  Board of Directors – Majority of the members of the Board of Directors are citizens of the home

Q2. What do you understand by global sourcing? What are the different forms of global sourcing? Elucidate.

Answer. Global Sourcing

A procurement strategy in which a business seeks to find the most cost efficient location for manufacturing a product, even if the location is in a foreign country. For example, if a toy manufacturer finds that manufacturing and delivery costs are lower in a foreign country due to lower wages of foreign employees, the company might close the domestic factory and use a foreign manufacturer. Global sourcing generally refers to sourcing outside of a company's traditional market. Two quite different

Q3. What is the need and importance of global strategy for MNCs?

Answer. ‘Global Strategy’ is a shortened term that covers three areas: global, multinational and international strategies. Essentially, these three areas refer to those strategies designed to enable an organisation to achieve its objective of international expansion.

To create a successful global strategy, managers first must understand the nature of the global industries and the dynamics of global competitions.

In developing global strategy, it is useful to distinguish between three forms of international expansion that arise from a company’s resources, capabilities and current international position. If the company is

Q4. How is the performance of employees assessed and appraised in multinational corporations? Explain in brief.

Answer. Organizations have indentified the importance of performance appraisal and it has been found in the cases of all big multinational companies that they have implemented the performance appraisal systems to enhance the productivity of their employees. There are varieties of different perspectives that evident the importance of performance management and its measurement (Whitney, 1994). Organization should present true and fair views of performance appraisal to gain trust of the employees, their loyalty and job satisfaction are the main core of any organizational success. So, it results in counter of an

Q5. What are the main reasons pertaining to the inadequate attention towards issues relating to labour relations in MNCs?

Answer. Following are the Key Issues in International Industrial Relations (IIR)

Issue 1: Who should handle Labour Relations – Headquarter or the subsidiary in the concerned country the national dissimilarities in economics, political, and legal systems create diverse labour-relations system across countries, MNCs HQs typically delegate the control over labour relations to their foreign subsidiaries. Having said that, the participation of the MNC headquarters in host-country labour relations is impacted by 4 key elements:

Q6. Explain enterprise risk management? Discuss types of risk in ERM.

Answer. Enterprise risk management (ERM) is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on an organization's capital and earnings. Enterprise risk management expands the process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks.

ERM provides a framework for risk management, which typically involves identifying particular events or circumstances relevant to the organization's objectives (risks and opportunities), assessing them in terms of likelihood and magnitude of impact, determining a response strategy, and monitoring progress. By

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IB0011-International Marketing

Spring-2016

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Master of Business Administration- MBA Semester 3

IB0011-International Marketing

(Book ID: B1811)

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. Discuss the concept of international marketing. How is international marketing difference from domestic marketing?

Answer. International marketing can be defined as marketing of goods and services outside the firm’s home country. International marketing has the following two forms of marketing:

Ø  Multinational marketing.

Ø  Global marketing.

Q2. Explain Hofstede’s cultural dimension. Discuss the main elements of culture with examples.

Answer. Hofstede’s cultural dimensions

According to Dr. Geert Hofstede, ‘Culture is more often a source of conflict than of synergy. Cultural differences are a trouble and always a disaster.’

Professor Hofstede carried out a detailed study of how values in the workplace are influenced by culture. He worked as a psychologist in IBM from 1967 to 1973. At that time he gathered and analyzed data from

Q3. Define international marketing research approach? Discuss the international research process.

Answer. International Market Research is a particular discipline of Market Research, focusing on certain geographical areas. International Market Research is concerned with consumer goods, but also with any resource or service within a value chain which will be commercially utilized or further processed – which is the area of industrial goods and B2B-Marketing. International market research projects may have various objectives and purposes.

Classical market research very often covers cross-country issues. This may however lead to differing

Q4. Discuss the various steps in the process of product development. Describe international product life cycle.

Answer. The eight stages or process or steps involved in the development of a new product are listed as:

1. Idea generation

The first step in new-product development is idea generation.

New ideas can be generated by:

Ø  Conducting marketing research to find out the consumers' needs and wants.

Ø  Inviting suggestions from consumers.

Q5. Write short notes on:

Ø  Export documentation

Ø  Export import procedure

Answer. a. Export Documentation:

There are a number of documents, which have to be prepared by the exporter in order to arrange export of his consignments. 

These documents can be mainly classified into two i.e. 

(a) Commercial Documents and

Q6. Define ethical problems in international Marketing? Explain the 4ps of international marketing?

Answer. The company often has to choose the extent to which it will respect foreign market practices while it maintains a core of ethical and social values on which it refuses to compromise.

1. Operations

Companies entering a foreign market typically develop some local operations there. Normal practices in the foreign market may include activities that would be considered immoral or illegal at home. Companies have to decide whether to provide safe working conditions, pay living wages, limit environmental impacts and adhere to contractual conditions when local companies may not maintain such standards. Small businesses may struggle with compromising on such issues when the profitability of their foreign operations is at stake.

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IB0010-International Financial Management

Spring-2016

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Master of Business Administration- MBA Semester 3

IB0010-International Financial Management

(Book ID: B1759)

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. Explain the difference between International Financial Management and Domestic Financial Management? Discuss the goals of international financial management?

Answer. Domestic companies tend to restrict their operations to the country of origin, while multinational corporations operate in more than two countries. Companies expand globally for many reasons, mostly to obtain new markets, cheaper resources and reduction in operational costs, all of which significantly affect financial management. These benefits also increase the risks faced by multinational corporations. Multinational financial management differs from domestic financial management in six essential ways.

Q2. Explain the advantages and disadvantages of fixed and floating rates systems? Discuss foreign exchange transactions?

Answer. Advantages:

1. Price stability: This advantage has been viewed as one of the virtues of the metallic standard. Price stability implies that changes in prices are small, gradual, and expected. One of the most important factors that can affect price stability is monetary policy.

2. No need for international management of exchange rates: Unlike fixed exchange rates based on a metallic standard, floating exchange rates don’t require an international manager such as the International

Q3. Explain the concept of Swap. Write down its features and various types of interest rate swap.

Introduction of Swap-2

Features of swap-4

Various types of interest rate swap-4

Answer. In finance, a swap is a derivative in which counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved. For example, in the case of a swap involving two bonds, the benefits in question can be the periodic interest (coupon) payments associated with such bonds.

Q4. Elaborate on meaning of foreign exchange exposure. Explain the types of foreign exposure.

Answer. Foreign Exchange Exposure refers to the risk associated with the foreign exchange rates that change frequently and can have an adverse effect on the financial transactions denominated in some foreign currency rather than the domestic currency of the company.

In other words, the firm’s risk that its future cash flows get affected by the change in the value of the foreign currency, in which it has maintained its books of accounts (balance sheet), due to the volatility of the foreign exchange rates is termed as foreign exchange exposure.

Q5. Write short notes on:

Ø  International Credit Markets

Ø  International Bond Markets

Answer. (a) 'Credit Market'

1. The broad market for companies looking to raise funds through debt issuance. The credit market encompasses investment-grade bonds and junk bonds, as well as short-term commercial paper.

2. The market for debt offerings as seen by investors of bonds, notes and securitized obligations such as mortgage pools and collateralized debt obligations (CDOs).

Q6. Country risk is the risk of investing in a country, where a change in the business environment adversely affects the profit or the value of the assets in a specific country. Explain the country risk factors and assessment of risk factors.

Introduction of country risk factors-5

Explanation of assessment of risk factors-5

Answer. Many investors choose to place a portion of their portfolios in foreign securities. This decision involves an analysis of various mutual funds, exchange traded funds (ETFs), or stock and bond offerings. However, investors often neglect an important first step in the process of international investing. When done properly, the decision to invest overseas begins with determining the riskiness of the investment climate in the country under consideration. Country risk refers to the economic, political and business risks that are unique to a specific country, and that might result in unexpected investment losses.

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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.  Explain the different international trade theories?

Mercantilism - 2

Absolute advantage theory - 2

Comparative advantage theory - 2

Product lifecycle theory -2

Porter’s diamond model -2

Answer. Mercantilism:

Mercantilism is economic nationalism for the purpose of building a wealthy and powerful state. Adam Smith coined the term “mercantile system” to describe the system of political economy that sought to enrich the country by restraining imports and encouraging exports. This system dominated Western European economic thought and policies from the sixteenth to the late eighteenth centuries. The goal of these policies was, supposedly, to achieve a “favorable” balance of trade that would bring gold and silver into the country and also to maintain domestic employment. In contrast to the agricultural system of the

Q2. Hofstede said “Culture is more often a source of conflict than of synergy”. Discuss this statement and explain the five cultural dimensions.

Answer. Importance of culture in international marketing

Culture is the way that we do things around here. Culture could relate to a country (national culture), a distinct section of the community (sub-culture), or an organization (corporate culture). It is widely accepted that you are not born with a culture, and that it is learned. So, culture includes all that we have learned in relation to values and norms, customs and traditions, beliefs and religions, rituals and artifacts (i.e. tangible symbols of a culture, such as the Sydney Opera House or the Great Wall of China).

Q3. Regional integration is helping the countries in growing their trade. Discuss this statement. Describe in brief the various types of regional integrations.

Answer. Regional economic integration has enabled countries to focus on issues that are relevant to their stage of development as well as encourage trade between neighbors.

There are more than one hundred regional trade agreements in place, a number that is continuously evolving as countries reconfigure their economic and political interests and priorities. Additionally, the expansion of the World Trade Organization (WTO) has caused smaller regional agreements to become obsolete. Some of the regional blocs also created side agreements with other regional groups leading to a web of trade agreements and understandings.

Q4.  Write short note on:

a) Foreign Currency derivatives

b) Bases of International tax systems.

Answer. a. Foreign exchange derivative. A foreign exchange derivative is a financial derivative whose payoff depends on the foreign exchange rate(s) of two (or more) currencies. These instruments are commonly used for currency speculation and arbitrage or for hedging foreign exchange risk. Specific foreign exchange derivatives and related concepts include:-

Instruments:

Binary option: Foreign exchange

Q5. Strategic planning involves allocation of resources to firms to fulfil their long term goals. What are the types of strategic planning? Compare Top-down Vs Bottom-up planning.

Answer. Specific Types of Plans

Following the generation of a vision and mission statement, and the subsequent operations that will allow these to be achieved, smaller facets of the planning process begin to come into play. These include five general planning frames, which can be applied to different aspects of the operational process:

Q6.  Explain the function of human resource planning.

Discuss the scope of International Human Resource Management.

Explain the function of human resource planning - 5

Discuss the scope of IHRM - 5

Answer. Function of human resource planning:

Understanding HR:

Human resources is about managing employees and their well-being. Planning for HR therefore requires that you, as the small-business owner, match employees with the job functions that best meet their skills and interests. As your business grows and changes, you will find that you'll need to have a supply of employee candidates lined up to fill important positions in the organization. Successful organizations are able to manage HR as part of the business's overall strategy plan. In other words, you are able to recruit

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MB0052-Strategic Management and Business Policy

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Master of Business Administration - MBA Semester 4

MB0052-Strategic Management and Business Policy

(Book ID: B1699)

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. What is strategy? Explain the various level of strategy in an organization.

Meaning of strategy - 4

Levels - 6

Answer. Strategy ("art of troop leader; office of general, command, generalship") is a high level plan to achieve one or more goals under conditions of uncertainty. In the sense of the "art of the general", which included several subsets of skills including "tactics", siegecraft, logistics etc., the term came into use in the 6th century C.E. in East Roman terminology, and was translated into Western vernacular languages only in the 18th century. From then until the 20th century, the word "strategy" came to denote "a comprehensive way to try to pursue political ends, including the threat or actual use of force, in a dialectic of wills" in a

Q2. Specify the interrelationship between strategic planning and strategic management. Which comes first?

Answer. Both strategic management and strategic planning terms mean the same. The difference is that the latter one is more used in the business world while the former is used in the academic environment. According to David, strategic planning is sometimes confused with strategy formulation, because strategic plan is constructed in this stage.

The Purpose of Strategic Planning

Strategic planning is designed to provide an organization, its divisions, departments or even individual players with a game plan or road map to achieve specific goals and objectives. Strategic planning identifies

Q3. What is a mission statement? Differentiate between a mission statement and a vision statement.

Mission Statement - 4

Differences - 6

Answer. A written declaration of an organization's core purpose and focus that normally remains unchanged over time. Properly crafted mission statements

(1) Serve as filters to separate what is important from what is not,

(2) Clearly state which markets will be served and how, and

Q4. What is SWOT analysis? Explain SWOT analysis in the form of a matrix?

Answer. SWOT analysis (alternatively SWOT matrix) is an acronym for strengths, weaknesses, opportunities, and threats—and is a structured planning method that evaluates those four elements of a project or business venture. A SWOT analysis can be carried out for a company, product, place, industry, or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Some authors credit

Q5. Define corporate turnaround? Distinguish between surgical and nonsurgical turnaround. Explain with some examples?

Corporate turnaround - 4

Surgical turnaround - 3

Non-surgical turnaround - 3

Answer. Turnaround management is a process dedicated to corporate renewal. It uses analysis and planning to save troubled companies and returns them to solvency, and to identify the reasons for failing performance in the market, and rectify them. Turnaround management involves management review, root failure causes analysis, and SWOT analysis to determine why the company is failing. Once analysis is completed, a long term strategic plan and restructuring plan are created. These plans may or may not involve a bankruptcy filing. Once approved, turnaround professionals begin to implement the plan,

Q6. What are the major characteristics of an effective strategy evaluation system? Analyse these characteristics.

Answer. A well-designed M&E system should describe in detail the following things:

1. Methodology or Processes for collecting and using data

2. Purpose/uses of the data collected

3. Type of data to be collected (both qualitative and quantitative)

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MU0018-Change Management

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Master of Business Administration- MBA Semester 4

MU0018-Change Management

(Book ID: B1807)

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. Describe Kotter’s Eight Step Change Model.

Explaining Kotter’s Eight Step Change Model - 10

Answer. Kotter introduced an 8-step change model for helping managers deal with transformational change which is summarised in Kotter’s 8-step

Q2. Explain the various steps at which control takes place in a Change Management Process.

Answer. Change Management Process Control:

In the change management process, controlling takes place at various steps, which are as follows:

Step 1: Preparation for change

a) The required change has to be identified

b) Determination of the major concern and issues need to be determined

Q3. What do you mean by Organizational Effectiveness? Explain the factors in achieving Organizational Effectiveness.

Definition of Organizational Effectiveness -2

Explaining the factors in achieving Organizational effectiveness -8

Answer. Organizational Effectiveness:

Organizational effectiveness is the concept of how effective an organization is in achieving its goals. Every employee in a company contributes to organizational effectiveness. Taking into account skills, experience, motivation and rank, some employees play a bigger role than others. These are the people who contribute to the development of organization mainly with their knowledge.

Q4. Define organizational Culture. Describe briefly about the types of organizational Culture.

Definition of Culture. -2

Explaining the various types of organizational culture -8

Answer. Organization Culture:

By organization culture, we mean the strategies and attitudes deemed constant, and prevalent throughout the workforce hierarchy. Different organizations follow different work cultures in their workplace, and culture is what makes a workplace an organization. It is a blend of innovation and the ability to take risks, attention to detail, outcome, people and team orientation, aggressiveness and stability.

Q5. Explain the Behavioural Approach to Individual Change.

Answer. The behavioural approach to change, as the name implies, very much focuses on how one individual can change another individual’s behaviour using reward and punishment, to achieve intended results. If the intended results are not being achieved then an analysis of the individual’s behaviour will lead to an understanding of what is contributing to success and what is contributing to non-achievement. In order to elicit the preferred behaviour the individual must be encouraged to behave that way, and

Q6. Write a brief note on the following:

a. Kurt Lewin’s Model of change

b. Burke-Litwin Model of organizational performance and change

Answer. a. Kurt Lewin’s Model of Change:

In order to ensure that change is permanent, Kurt Lewin described the three phases of the change process which can enable the organization to move from the current state to the desired state-Unfreezing, Changing and Refreezing.

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