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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name :LeemaNoori Marks : 80
Course :Bachelors in Management Studies (BMS)
Subject :International Business
Answer the following question.
Question.1. How cultural factors do influences international
business? (10 marks)
Answer:International business deals not only cross borders, they also cross cultures. Culture
profoundly influences how people think, communicate, and behave. It also affects the kinds of
transactionstheymake andthe way theynegotiate them. Differences in culture between business
executives—for example, between a Chinese public sector plant manager in Shanghai and a
Canadian division head of a family company
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL

2. Question.2. What are the role and functions of WTO in
international relations? (10 marks)
Answer:functionof wtoThe WorldTrade Organization(WTO) isanorganizationwiththe intentionof
liberalizing and supervising international trade. The organization deals with trade regulation
betweencountries. The functions of the World Trade Organization (WTO) was formed officially on
the first of January in 1995 under the Marrakesh Agreement with goals of liberalizing and
supervising international trading among countries participating. A framework is provided by the
WTO to negotiate and formalize agreements of
Question.3. Explain public sector undertaking of export
promotions. (10 marks)
Answer:Since 1948, when for the first time the importance of the public sector in the Indian
economy wasrecognized,the publicsectorhasexperienced a phenomenal growth both in terms of
numberandvolume of investment.The Governmenthasmade sustainedeffortstobreakthe vicious
circle of poverty and undevelopment by setting up public sector enterprises or by nationalizing
certain key industries. The most recent instances are the
Question.4. What is DDU? (10 marks)
Answer:DDU was notincludedinthe 2010 publicationof the International Chamber of Commerce's
Incoterms, however it is still used in international trade parlance. The official term that best
describes the function of DDU is now Delivery At Place or (DAP).
DDU isan international trade wherethe sellerisresponsible formakingasafe delivery of goods to a
nameddestination,payingall transportation expenses and assuming all risks during transportation
except for the duty once it arrives to port. When the goods
Question.5. Describe ten strategic policies for IT industry. (10
marks)
Answer:The industrial policy of a country, sometimes denoted IP, is its official strategic effort to
encourage the development and growth of part or all of the manufacturing sector as well as other
sectorsof the economy.The governmenttakesmeasures"aimed at improving the competitiveness
and capabilities of domestic firms and promoting structural transformation." A country's
infrastructure (transportation, telecommunications and energy
Question.6. How would you categorise International Business Risk ?
(10 marks)

3. Answer:Businesses face all kinds of risks, some of which can cause serious loss of profits or even
bankruptcy.Butwhile all large companieshave extensive "risk management" departments, smaller
businesses tend not to look at the issue in such a systematic way.
So in this four-part series of tutorials, you’ll learn the basics of
Question.7. What are the factors that affect international pricing ?
(10 marks)
Answer:Pricingdecisionsare complexininternationalmarketing.A firmmayhave to follow different
pricing strategies in different markets. Whatever might be the strategy followed, pricing has to
reflect the proper value in the eyes of the consumer. Pricing is an important strategic and tactical
competitive weapon that can be used by a firm in international marketing.
Question.8. How does IHRM affect the staffing policy of a company
? (10 marks)
Answer:Small businesses are expanding into international markets due to improvements in
technologyandincreasingglobalization.Thisexpansionincludessetting up production facilities and
sales offices abroad. To reduce the perceived risk in these new ventures, companies may be
tempted to adopt an ethnocentric approach to their HR
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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