Marks 4 credits; 60 marks Note: Kindly note that answers for 10 marks questions should be approximately of words. Each question is followed by evaluation scheme.
It is one essential component of the global environmental analysis. Environmental monitoring, environmental forecasting and environmental assessment complete the global environmental analysis.
The global environment refers to the macro environment which comprises industries, markets, companies, clients and competitors. Consequently, there exist corresponding analyses on the micro-level. Suppliers, Mb0053 international business management and competitors representing the micro environment of a company are analyzed within the industry analysis.
The factors which need to be considered for environmental scanning are events, trends, issues and expectations of the different interest groups.
Issues are often forerunners of trend breaks. A trend break could be a value shift in society, a technological innovation that might be permanent or a paradigm change Factors: It refers to the economic conditions under which a business operates and takes into account all factors that have affected it.
It includes prime interest rate, legislation concerning employment of foreigners, return of profits, safety of country, political stability and so on.
It influences the economic and legal environment in which the business operates to a larger extent, especially in contract law and rules on advertising and consumer protection.
It also affects the business practices, restrictions on market entry, tariffs charged and ability to repatriate profits.
International businesses confront different sets of laws in various countries of operation. IB must not only abide by the domestic laws of each nation but also by the supranational laws which impose obligations beyond those of national legal systems.
It helps firm understand the various demographic factors such as gender; age; religious background and ethnicity. Firms use demographic environments to identify target markets for specific products it wishes to cater. The cultural and social norms of people differ worldwide in all key markets.
What is green field investment? Why is it considered as the best option for a developing country like India?
Greenfield investment is a form of foreign direct investment where a parent company starts a new venture in a foreign country by constructing new operational facilities from the ground up. In addition to building new facilities, most parent companies also create new long-term jobs in the foreign country by hiring new employees.
Greenfield investments are most welcome in any country of the world, be it developed or developing as the primary target of green field investments is to create new production capacity and jobs, transfer technology and know-how in the host country.
This type of investment does not involve construction of plant operation facilities. A Greenfield investment starts with bare ground and builds up from there. Benefits of Greenfield Investment: Regional integration is helping the countries in growing their trade.
Describe in brief the various types of regional integrations. Regional integration is the process by which two or more nation-states agree to co-operate and work closely together to achieve peace, stability and wealth. It results in the creation and diversion of trade.
It supports overall growth of the region, coupled with efficient trading practices. Trade creation increases production and income and also leads to new entrants in the market and, therefore, results in tougher competition.
The transfer of technology is also faster. It includes reduction on traffic and prohibitions. It spread goodwill among member countries and also helps in reducing the chances of conflict. Types of Regional Integration:Aug 31, · MB - International Business Management Set 2.
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Assignments with . MB â€“ International Business Management – 4 Credits Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions.
View MBInternational Business Maanagement from MBA at Sikkim Manipal University Directorate of Distance Education. INTERNATIONAL BUSINESS MANAGEMENT monstermanfilm.comnment scanning is an important.
MBInternational Business Management (Book ID: B) Assignment (60 Marks) Note: Answer all questions must be written within to words each. Each Question carries 10 marks 6 X 10= Q1. Explain the different international trade theories? Mercantilism - 2. International trade theories are simply different theories to explain international trade.
Trade is the concept of exchanging goods and services between two people or entities. International trade is then the concept of this exchange between people or entities in two different countries. MB –International Business Management Q1.
Write a note on Globalization. Answer: Globalisation Globalisation is a process where businesses are dealt in markets around the world, apart from the local and national markets. According to business terminologies.