Summer 2013 Master of Business Administration- MBA Semester 4 MB0053 –International Business Management -4 Credits (Book ID: B1724) Assignment- 60 marks 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. Q1. The world economy is globalizing at an accelerating pace. What do you mean by globalization? Discuss the merits and demerits of Globalization. (meaning of globalization
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Karl Marx was born in 1818 in the ancient city of Trier‚ in western Germany (then Prussia). Marx’s father was a prosperous lawyer‚ a Jew who converted to Lutheranism to advance his career at a time when unbaptized Jews did not have full rights of citizenship. Marx studied law at the University of Bonn and later at Berlin‚ where he switched to studying philosophy. He moved again to the University of Jena‚ where he wrote a doctoral dissertation on ancient Greek natural philosophy. Following the death
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Paper Review International business‚ corporate social responsibility and sustainable development International Business Review‚ 19 (2010) page: 119 – 125 Authors: Ans Kolk and Rob van Tulder Course: International Business Strategies For this particular paper I have focussed on the contribution the paper has to the research community. Short summary: The paper discusses various reasons why there is so little research done on corporate social responsibility and sustainable development in
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International Journal of Business and Social Science Vol. 2 No. 13 [Special Issue - July 2011] Defensive and Offensive Strategies for Market Success Dr. Peter Yannopoulos Associate Professor Brock University‚ St. Catharines Ontario‚ Canada‚ L2S 3A1 E-mail: pyannopoulos@brocku.ca Tel: (905) 688-5550 ext. 3909 Abstract In industries in which there is strategic interaction among competing firms‚ companies are continuously involved in defensive and offensive strategies. In this paper we discuss
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Why international business is important for Thailand? Nowadays international business has played an important role in globalization. Many countries are interested in international business and try to push their companies to become international businesses. Why many countries interested in international business? The simplest answer is that they want to enlarge their market to other countries. They also get lot of benefits such as avoiding transport cost‚ seeking the lowest cost and escape trade
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Topic THE IMPORTANCE OF CULTURAL FACTORS IN INTERNATION BUSINESS In the process of globalization‚ the world is getting smaller. The connections and interactions between countries or international companies are easier by cultural integration. For example‚ Google’s company was a small company in California before 2000. They then expanded their company in other countries such as Germany‚ Japan and they has boosted many different language versions of the site. Google has been considered as the largest
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1. Do an analysis of the German food retail consumer. How do consumers in Germany differ (or do they?) from consumers in the United States? Wal-Mart Believed that the German market was similar to the United States and that the German consumer would desire low prices with excellent customer service. Wal-Mart wanted to take price leadership through cost leadership. By offering free shopping bags in a market where consumers pay for bags and bah packing services. They also allowed credit card acceptance
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1)What is meant by absolute advantage? Describe how it works using numerical example. The ability of a country‚ individual‚ company or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service. For example‚ Vietnam can produce 1000 million tons of rice while South Korea can produce 800 million tons of rice => Vietnam has absolute advantage (since it can produce more than Korea) 2) What is meant by the term comparative advantage
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1. The broadening set of interdependent relationships among people from different parts of the world is known as ________. a. globalization b. Offshoring c. international business d. outsourcing 2. The term globalization is sometimes used to mean the ________. a. movement of jobs to low-wage countries b. business being undertaken outside the confines of any nation c. Uneven distribution of resources and their influence on different products and services in different parts of the world
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Advent of a ‘Global Village’ Globalisation & its impact on International Business: A Study “Globalisation is radically changing the international business environment by creating a ‘global village.” Introduction The intent of the paper is not merely highlighting the aforementioned viewpoint but to establish the ideology within the context of International Business amidst globalisation and understanding the increasing interaction and inter-dependence amongst the firms and businesses
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