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Subject:-international business
Course :emba total marks : 80
Nb.1) all questions carry equal marks.
2) all questions are compulsory.
3} read questions carefully.
4} figures to the right indicate full marks.
- 1) explain and bring out the nature and feature of international hrm? (10 marks)
Answer: hrm means to select, develop, motivate and maintain human resources, in the organisation. It first selects the right human resources or staff (i.e. Managers and employees). It trains and develops them. It motivates them by giving them recognition and rewards. It also provides them with the best working conditions.Human resources may be defined as the total knowledge, skills, creative abilities, talents and aptitudes of an organization’s workforce, as well as the values, attitudes, approaches and beliefs of the individuals involved in the affairs of the organization. It is the sum total or aggregate of inherent abilities, acquired knowledge and skills represented by the talents and aptitudes of the persons employed in the organization.
- 2) discuss the nature of international business? (10 marks)
Answer: international business is the process of focusing on the resources of the globe and objectives of the organisations on global business opportunities and threats.International business conducts business transactions all over the world. These transactions include the transfer of goods, services, technology, managerial knowledge, and capital to other countries. International business involves exports and imports.
International business defined as global trade of goods/services or investment. More comprehensive view does not focus on the “firm” but on the exchange
- 3) what is technology transfers? Discuss the various aspects of managingtechnology transfers? (10 marks)
Answer:technology transfer is the process by which basic science research and fundamental discoveries are developed into practical and commercially relevant applications and products. Technology transfer personnel evaluate and manage invention portfolios, oversee patent prosecution, negotiate licensing agreements and periodically review cooperative research agreements already in place. Part of the technology transfer process involves the prosecution of patents which is overseen by the national patent and trademark office. Individuals with advanced
- 4) enumerate and explain the theories of global trade and investments? (10 marks)
Answer: modern firm based theories
Explore the firm’s role in promoting exports and imports. These theories incorporate additional factors i.e., quality, technology, brand names, customer loyalty, product life-cycles etc. Into explaining success or countries in selling products and services in international markets as firms and not countries are the agents for international trade
International product life – cycle theory:
- 5) write short notes (any two) (10 marks)
- A) world trade centre
Answer: the original idea for a world trade center in new york is generally credited to davidrockefeller, one of industrialist john d. Rockefeller’s many grandsons. In fact, the idea was proposed soon after world war ii, a decade before rockefellerever got involved, but he was the one who actually got the ball rolling.
In the 1950s and ’60s, while serving as chairman of chase manhattan bank, rockefeller was dedicated to revitalizing lower manhattan. He hoped to energize the area with new construction, in much the same way his father revitalized midtown manhattan in t
- B) social responsibility in international business
Answer: corporate social responsibility (csr) promotes a vision of business accountability to a wide range of stakeholders, besides shareholders and investors. Key areas of concern are environmental protection and the wellbeing of employees, the community and civil society in general, both now and in the future.
The concept of csr is underpinned by the idea that corporations can no longer act as isolated economic entities operating in detachment from broader society. Traditional views about competitiveness, survival and profitability are being swept away.
Some of the drivers pushing business towards csr
- C) ethical issues in international business
Answer:international business ethics emerged quite late globally compared to the business ethics that came up in 1970’s. It was only in late 1990’s that the international business ethics came to the fore especially so after the economic developments that occurred on a global scale.
In 1990’s many businesses from the developing countries expanded their operations and became multinational. The transactions between businesses and the governments increased as a result, which gave rise to many practical issues. Culture and its relativity was one factor more prominent than the others. Other ethical issues in the context of
- 6) explain the following concept (any two) (10 marks)
- 1) political environment
Answer: the political environment:the political environment in countries throughout europe and asia is quite different from that of the united states. In the u.s., government intervention in marketing tends to be relatively minimal compared to other countries.
The u.s. is capitalist society, it operates an economic system where both the government and private enterprise direct the economy. In other words, the u.s. government combines free enterprise with a progressive income tax, and at times, steps in to support and protect american industry from competition from overseas. For example in the 1980s the government sought to protect the automobile industry by “voluntary” export
- 2) technical environments
Answer: “technical environments are those in which organizations produce a product or service that is exchanged in a market such that they are rewarded for effective and efficient performance”. (scott p. 132). These environments foster more rational structures, and in the pure sense are perfect economies.
One common environment is the task environment, all aspects of the environment “potentially relevant to goal setting and goal attainment” (dill, 1958) but commonly known as inputs, markets for outputs, competitors, and regulators. “managers are viewed as ensuring adequate supplies of resources and markets, designing efficient work
3) cultural environment
- 7) explain the features of international organization structure? (10 marks)
Answer: an organizational structure is the way that a business is set up to provide a hierarchy and a specified line of reporting. The type of structure that is used varies from one company to another, but its main purpose is internal organization. There are three basic types of structures: divisional, traditional and matrix. The goal is to increase communication and delegate authority on a level that is suitable for the size and needs of the company.
Divisional structure: this is a way of grouping employees according to either geography, internal marketing responsibilities, or the product that the
- 8) what is international strategic management? Discuss its feature and nature? (10 marks)
Answer: This chapter will introduced us to the world of strategic management. Strategic management is a process which determine whether an organization excels, survives, or dies.
All organizations engage in the strategic management process either formally or informally. Strategic management is equally applicable to public, private, not-for-profit, and religious organizations. An attempt is made in this thesis to show the applicability of strategic management to all types of organizations, but the emphasis is on private-enterprise organizations.
Organizations usually employ one of the three general decision-making processes:
- Managers want to resolve current
Dear students get fully solved ISBM EMBA & other solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )