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Fully solved MBA assignments by subject for Indian students
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name :Veerthapa Marks : 80
Course : Masters in Business Administration (MBA 4 Sem)
Subject : International Business
Answer the following question.
Question.1. Discuss polycentric approach to globalization. (10
marks)
Answer:4 priorities for succeeding in a “polycentric” world
1. Redefine global and local
The need for local relevance is demanding
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL
2. Question.2. IT is an indicator of the maturity of market here
financial express” comment. (10 marks)
Answer:One of the reasons why insurance industry is unable to realise its full growth potential in
India is because of below-par customer experience. This is a worldwide phenomenon. Insurers
everywhere find that it is not enough to provide efficient customer services. A lot depends on
customerexperience whichisthe sum total of all experiences of the customers about an insurance
company, including customer servicing. Capgemini World Insurance Report, 2015 has been able to
discover a clear quantifiable relation
Question.3. Explain exports of goods services in foreign exchange
management act1999.(10 marks)
Answer:The ForeignExchange ManagementAct,1999 (FEMA) isan Act of the Parliamentof India"to
consolidate and amend the law relating to foreign exchange with the objective of facilitating
external trade and payments and for promoting the orderly development and maintenance of
foreign exchange market in India". It was passed in the winter session of Parliament in 1999,
replacing the Foreign Exchange Regulation Act (
Question.4. What are the features of international business ? (10
marks)
Answer:Business Policy defines the scope or spheres within which decisions can be taken by the
subordinatesin anorganization.It permits the lower level management to deal with the problems
and issues without consulting top level management every time for decisions.
Businesspoliciesare the guidelinesdevelopedby an organization to govern its actions. They define
the limits within which decisions must be made.
Question.5. Write down the reasons for investing in foreign
markets. (10 marks)
Answer:Chances are, right now you are surrounded by things that were invented, assembled, or
grown outside the United States. We’ve become very accustomed to buying goods from other
countries.There’snoreasonwhywe shouldn’t also purchase investments from outside the U.S., as
well.Infact,there are plentyof argumentsforhow you’ll be wealthierfor doing so. Here are four of
them.
Question.6. Write a note on evolution of International Monetary
System. (10 marks)
3. Answer: International monetary systems are sets of internationally agreed rules, conventions and
supportinginstitutions,thatfacilitateinternational trade,crossborderinvestmentandgenerally the
reallocation of capital between nation states. They provide means of payment acceptable buyers
and sellers of different nationality, including deferred
Question.7. How does political atmosphere effects international
business ? (10 marks)
Answer:The political environment in international business consists of a set of political factors and
government activities in a foreign market that can either facilitate or hinder a business' ability to
conduct businessactivitiesinthe foreign market. There is often a high degree of uncertainty when
conducting business in a foreign country, and this risk is often referred to as political risk or
sovereign risk.
Question.8. Explain the role of international marketing research.
(10 marks)
Answer:"Marketingresearchdoesnotmake decisionsanditdoesnotguarantee success".Marketing
managers may seek advice from marketing research specialists, and indeed it is important that
researchreportsshould specify alternative courses of action and the probability of success, where
possible, of these alternatives. However, it is marketing managers who make the final marketing
decision and not the researcher. The second observation, that marketing research does not
guarantee success, is simply a recognition of the
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