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Dear students get fully solved assignments by professionals
Send your semester & Specialization name to our mail id :
stuffstudy5@gmail.com
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ASSIGNMENT
Note:Answer all questions.Kindly note that answers for 10 marks questions should be approximately
of 400 words. Each question is followed by evaluation scheme.
1. Discuss the pros and cons of internationalization.
Answer:The Internethasmade itpossible fornearly any individual to open a business selling products
or services. It has also broadened our horizons by making news, culture and business available from
countries all over the globe. The ability to obtain inexpensive customer, administrative and
manufacturingservices from offshore companies is a boon for small companies unable to afford extra
employees,plantsandequipmentathome.Ithas alsotempted many small companies to try to expand
internationally.
DRIVE FALL 2015
PROGRAM MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDPMN (SEM 1)
SUBJECT CODE &
NAME
IB0017 – International Business Environment and International
Law
BK ID B1909
CREDITS 4
MARKS 60
Language and Culture
One of the mostfamousexamples of language and cultural gaffes by well-intentioned companies was
Chevrolet's introduction of its Nova model in Mexico, where "no va" means "it doesn't go" -- clearly a
bad name for a car. Language
Q:2 Explain the relationship between law, business and international law. How is international law
considered to be mixed in nature?
Answer: Relationship between law business and international law - International business and
economic law involves the public international law and domestic law applicable to international
businesstransactionsbetweenprivateparties,aswell asthe publicinternational law applicable to trade
and investment relations between or among states. The concerns of international economic and
business law relate to the international economy, and involve sales of goods, trade in services,
intellectual property licensing and protection, international finance and foreign direct investment, as
well as the settlement of disputes relating thereto. This
Q:3 What are the lawsregarding carriage of goods by sea? What the related liabilities of international
carriage of cargo?
Answer:
Carriage of goods by Land
Q4 Write short notes on:
a. Labour rights
Answer:Laborrightsor workers'rightsare a group of legal rightsandclaimedhumanrightshaving to do
with labor relations between workers and their employers, usually obtained under labor and
employmentlaw.In general, these rights' debates have to do with negotiating workers' pay, benefits,
and safe workingconditions.One of the mostcentral of these rightsisthe rightto unionize.Unions take
advantage of collective bargaining an
b. European Union
Answer: The European Union (EU) is a politico-economic union of 28 member states that are located
primarily in Europe.The EU operates through a system of supranational institutions and
intergovernmental negotiated decisions by the member states. The institutions are: the European
Commission, the Council of the European Union, the European Council, the Court of Justice of the
European Union, the European Central Bank, the Court of Auditors, and the European Parliament. The
European Parliament is elected every five years by EU citizens.
The EU traces its origins from the European Coal and Steel Community (ECSC) and the European
Economic Community (EEC), formed
Q:5 How does the TRIPs agreement protect IPRs? What are the 7 intellectual properties defined in
TRIPs?
Answer-
 TRIPS-The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an
international agreement administered by the World Trade Organization (WTO) that sets down
minimumstandardsformanyformsof intellectualproperty (IP)regulationasappliedtonationals of
other WTO Members.[2]
It was negotiated at the end of the Uruguay Round of the General
Agreement on Tariffs and Trade (GATT) in 1994.
IPRs The Indian Placement Reporting Standards (IPRS) is an effort towards standardizing B-school
placement reports. This initiative taken by IIM Ahmadabad and contributions made by the various
stakeholders like media, recruiters and other B-
6 Which are the various kinds of investment treaties and how do they function?
Answer – Investment treaties - A bilateral investment treaty (BIT) is an agreement establishing the
termsand conditionsforprivate investment by nationals and companies of one state in another state.
This type of investment is called foreign direct investment (FDI). BITs are established through trade
pacts. A nineteenth-century forerunner of the BIT is the friendship, commerce, and navigation treaty
(FCN).[1]
Most BITs grant investmentsmade byaninvestorof one ContractingState inthe territory of the other a
number of guarantees, which typically include fair and equitable treatment, protection from
expropriation,free transfer of means and full protection and security. The distinctive feature of many
BITs is that they allow for an alternative dispute resolution mechanism, whereby an investor whose
rightsunderthe BIT have beenviolatedcouldhave recourse tointernational arbitration,oftenunderthe
auspicesof the ICSID(International Centerforthe Settlementof InvestmentDisputes),ratherthansuing
the host State in its own courts.
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Ib0017 – international business environment and international law

  • 1. Dear students get fully solved assignments by professionals Send your semester & Specialization name to our mail id : stuffstudy5@gmail.com or call us at : 098153-33456 ASSIGNMENT Note:Answer all questions.Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. 1. Discuss the pros and cons of internationalization. Answer:The Internethasmade itpossible fornearly any individual to open a business selling products or services. It has also broadened our horizons by making news, culture and business available from countries all over the globe. The ability to obtain inexpensive customer, administrative and manufacturingservices from offshore companies is a boon for small companies unable to afford extra employees,plantsandequipmentathome.Ithas alsotempted many small companies to try to expand internationally. DRIVE FALL 2015 PROGRAM MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM 3) PGDPMN (SEM 1) SUBJECT CODE & NAME IB0017 – International Business Environment and International Law BK ID B1909 CREDITS 4 MARKS 60
  • 2. Language and Culture One of the mostfamousexamples of language and cultural gaffes by well-intentioned companies was Chevrolet's introduction of its Nova model in Mexico, where "no va" means "it doesn't go" -- clearly a bad name for a car. Language Q:2 Explain the relationship between law, business and international law. How is international law considered to be mixed in nature? Answer: Relationship between law business and international law - International business and economic law involves the public international law and domestic law applicable to international businesstransactionsbetweenprivateparties,aswell asthe publicinternational law applicable to trade and investment relations between or among states. The concerns of international economic and business law relate to the international economy, and involve sales of goods, trade in services, intellectual property licensing and protection, international finance and foreign direct investment, as well as the settlement of disputes relating thereto. This Q:3 What are the lawsregarding carriage of goods by sea? What the related liabilities of international carriage of cargo? Answer: Carriage of goods by Land Q4 Write short notes on: a. Labour rights Answer:Laborrightsor workers'rightsare a group of legal rightsandclaimedhumanrightshaving to do with labor relations between workers and their employers, usually obtained under labor and employmentlaw.In general, these rights' debates have to do with negotiating workers' pay, benefits, and safe workingconditions.One of the mostcentral of these rightsisthe rightto unionize.Unions take advantage of collective bargaining an b. European Union Answer: The European Union (EU) is a politico-economic union of 28 member states that are located primarily in Europe.The EU operates through a system of supranational institutions and intergovernmental negotiated decisions by the member states. The institutions are: the European Commission, the Council of the European Union, the European Council, the Court of Justice of the European Union, the European Central Bank, the Court of Auditors, and the European Parliament. The European Parliament is elected every five years by EU citizens. The EU traces its origins from the European Coal and Steel Community (ECSC) and the European Economic Community (EEC), formed
  • 3. Q:5 How does the TRIPs agreement protect IPRs? What are the 7 intellectual properties defined in TRIPs? Answer-  TRIPS-The Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) is an international agreement administered by the World Trade Organization (WTO) that sets down minimumstandardsformanyformsof intellectualproperty (IP)regulationasappliedtonationals of other WTO Members.[2] It was negotiated at the end of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in 1994. IPRs The Indian Placement Reporting Standards (IPRS) is an effort towards standardizing B-school placement reports. This initiative taken by IIM Ahmadabad and contributions made by the various stakeholders like media, recruiters and other B- 6 Which are the various kinds of investment treaties and how do they function? Answer – Investment treaties - A bilateral investment treaty (BIT) is an agreement establishing the termsand conditionsforprivate investment by nationals and companies of one state in another state. This type of investment is called foreign direct investment (FDI). BITs are established through trade pacts. A nineteenth-century forerunner of the BIT is the friendship, commerce, and navigation treaty (FCN).[1] Most BITs grant investmentsmade byaninvestorof one ContractingState inthe territory of the other a number of guarantees, which typically include fair and equitable treatment, protection from expropriation,free transfer of means and full protection and security. The distinctive feature of many BITs is that they allow for an alternative dispute resolution mechanism, whereby an investor whose rightsunderthe BIT have beenviolatedcouldhave recourse tointernational arbitration,oftenunderthe auspicesof the ICSID(International Centerforthe Settlementof InvestmentDisputes),ratherthansuing the host State in its own courts. Dear students get fully solved assignments by professionals Send your semester & Specialization name to our mail id : stuffstudy5@gmail.com or call us at : 098153-33456