M.B.A. DEGREE EXAMINATION‚ NOV/DEC 2006 Third Semester BA 1701 – INTERNATIONAL BUSINESS MANAGEMENT (Regulation 2005) Time : 3 Hours Maximum: 100 Marks PART A – (10*2=20 Marks) 1. What is the principal economic basis for international trade?
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With Porter five forces framework‚ we identify the sources of competition facing IBM:-1.Threat of new entrantsHigh capital requirement needed to fund R&D and assets make the threat of new entrants relatively low. IBM spends large amount of funds annually for R&D‚ in order to constantly introduce new high-technology and innovative products and solutions to market to maintain its’ competitiveness‚Tougher for new entrants to achieve economies of scale due to experience curve effect. In addition‚ Consumers’
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life‚ and since his death‚ Walt Disney did more to touch the hearts and minds of millions of Americans than any other person in the past century. Walt Disney understood and embraced the process of change. He knew that in order to continue to progress and find success‚ he needed to be one step ahead of change. This was evident through his willingness to take chances on innovative technologies as they developed in his field. When others expressed concern over perceived risks‚ Walt was always optimistic
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Rosa Louise McCauley was born on February 4‚ 1913 in Tuskegee‚ Alabama to proud parents Leona and James McCauley a teacher and carpenter respectively. After her parents’ separation‚ she went to live with her grandparents and attended a local school for African American children. Segregation was very prevalent during this time. Whites and Blacks had different churches‚ schools‚ stores‚ elevators and even drinking fountains. Places often had signs saying "For Colored Only" or "For Whites Only". The
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The key attributes of the transformational style of leadership are as follows: Task versus Relationship Working together in organizations is increasingly the norm‚ yet the challenges of working effectively are considerable. One challenge is conflict—the process resulting from the tension between team members because of real or perceived differences. Empowerment versus Control The empowerment leadership style calls for delegation and collaboration of the team‚ while control is about the
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Individual Assignment Total Quality Management (TQM) in Organizations Case Study: IBM Submitted by Meric Oztekin DEFINITION OF TOTAL QUALITY MANAGEMENT Firstly‚ I would like to give few definitions of total quality management (TQM) in order to get a better understanding in this topic. Different authors have given various definitions of TQM. As defined by ISO‚ TQM is a management approach of an organization‚ centered on quality‚ based on the participation of all its members and aiming at long-term
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1) Pick a company (or a brand‚ institute‚ city or government….) which can be a client of IBM and describe three (3) specific benefits the Smarter Planet initiative can provide to the organization. Wal-Mart; (i) By managing and organizing Wal-Mart’s huge database through database management which will be help keep better track of inventory levels‚ merchandise assortment and product pricing. (ii) Help Wal-Mart better analyze buying behavior through implementation of smart systems. (iii) Increased
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Efficiency and cost savings throughout the enterprise are the two main focal points of Census Bureau’s operational strategy. However‚ Census Directorates are constantly implementing various cost-conscious and streamlined techniques‚ concentrated solely towards experienced resources and not emerging technology to achieve their goals of efficiency in productivity‚ costs and increased service levels. Additionally‚ at the Census Bureau‚ not every active or operational database is a candidate for consolidation
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Founded in 1943 by Ingvar Kamprad‚ IKEA generated the sales of 23.1 billion Euros in 2010 through its operations in more than 38 different countries with 27 distribution centres. The IKEA Group has 280 stores in 26 countries and the remaining of the stores are run by franchisees (Berger‚ 2011). The business concept of IKEA involves selling high volume of mostly furniture products in low prices. Moreover‚ “with an aim of lowering prices across its entire offering by an average of 2% to 3% each year
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“In order to win a man to your cause‚ you must first reach his heart‚ the great high road to his reason.” Abraham Lincoln (cited in Crowley‚ M (2001) As one of the most successful transformational leaders in political history‚ Abraham Lincoln inspired loyalty and willingness for self-sacrifice among his followers by raising their level of motivation through the development of a shared vision‚ morality‚ loyalty‚ trust and communication.—as evidenced by changing their attitudes toward emancipation
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