MB0053 International business management

Only 650/- for whole assignment sem 4 (Marketing)

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Question:1 The world economy is globalizing at an accelerating pace.

Discuss this statement and list the benefits of globalizing.
Answer: The world economy is globalizing at an accelerating pace as countries
previously closed to foreign companies have opened up their markets. Geographic
distance is shrinking because of the internet, as the ambitious companies aim for
global leadership. All this is possible because of booming international business.
International..

Question: 2 Discuss the role of demographic environment in international

business.
Answer: Demographic Environment:- In international business; scanning of
demographic environment plays an important role as it helps firm understand the
various demographic factors such as gender; age; religious background and
ethnicity. Firms; while appraising international markets for new business
opportunity or product launch;

Question 3: Regional integration is helping the countries in growing their

trade. Discuss this statement. Describe in brief the various types of regional
integration.
Answer: Regional integration can be defined as the unification of countries into a
larger whole. It also reflects a countrys willingness to share or unify into a larger
whole. The level of integration of a country with other countries is determined by

what it shares and how it shares. Regional integration requires some compromise
on the part of participating

Question 4: write short note on:

a) Foreign currency derivatives
b) Bases of international tax systems
Answer: Foreign currency derivatives
Currency derivative is defined as a financial contract that seeks to swap two
currencies at a predetermined rate. It can also be termed as the agreement where
the value can be determined from the rate of exchange of two currencies at the
spot. The currency derivative trades in markets that correspond to the spot (cash)
market. Hence, the spot market exposures can be enclosed with the currency
derivatives. The main advantage from derivative hedging is the basket of currency
available.

Question 5: Strategic planning involves allocation of resources to firm to fulfill

their long term goals. What are the types of strategic planning? Compare topdown vs Bottom up planning.
Answer: Types of planning
Strategic planning process involves allocation of resources to firms to fulfill their
long-term goals. Any business plan can be classified into three types. They are:
Strategic planning: This planning process is the best among the three business

Question 6: discuss the various payment terms in international trade. Which

is the safest method and why?
Answer: Payment terms in foreign trade
Since international trade deals with exchange of goods, there are various ways in
which the payment terms (finance) will be handled.