ASSIGNMENT

DRIVE WINTER 2015

PROGRAM MBADS/ MBAFLEX/ MBAHCSN3/ MBA – SEM 4

SUBJECT CODE &

NAME

MB0053

INTERNATIONAL BUSINESS MANAGEMENT

BK ID B1724

CREDIT 4

MARKS 60

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.

Q.No Question Marks Total Marks

1 Why is Comparative Cost Theory considered as an improvement upon Absolute Cost

Advantage Theory?

Explain Porter’s Diamond Model

Comparative Cost Theory as an improvement on

Absolute Cost Advantage Theory

Porter’s Diamond Model

6

4

10

2 Explain Hofstede’s Cultural dimension.

Explain Hofstede’s Cultural dimensions 10 10

3 “An economic union comprises of a common market and a custom union.” Explain.

“An economic union comprises of a common market and

a custom union.” Explain.

10

10

4 Explain the components of International Financial Management.

Components of International Financial Management

10 10

5 What are the differences between International Accounting Standards and Domestic

Accounting Standards?

Differences between International Accounting

Standards and Domestic Accounting Standards

10

10

6 Explain the key component of International Strategic management.

Key components of International Strategic management

10 10