PGDIBO-01 International Business Environment in English SOLVED ASSIGNMENT 2021-2022

PGDIBO-01 International Business Environment

SOLVED ASSIGNMENT 2021-2022

COURSE CODE : IBO-01
COURSE TITLE : International Business Environment
ASSIGNMENT CODE : IBO-01/TMA/2021-2022
COVERAGE : ALL BLOCKS

1. Do you think that study of international business environment is relevant for the
Managers? Give your arguments and explain the Technological and Socio-cultural
environment of international business.
(20)
2. a) Describe the functioning of Bretton Woods System with examples.
b) Explain various International Commodity Agreements.
(10+10)
3. Distinguish between:
a) Void agreements and void contract
b) Utilitarianism and Formalism
c) Absolute advantage and comparative advantage of trade
d) GATT and WTO
(4X5)
4. Comment on the following:
a) Geographic environment does not affect demand pattern of the people living in
the country.
b) When goods are bought by description from a seller, there is no implied
condition that goods shall be of merchantable quality.
c) Arbitration is not preferred by the parties involved in international business.
d) Free trade is always better than no trade.
(4X5)
5. Write short notes on the following:
a) Code of Ethics for International Marketing
b) Current Account and Capital Account of Balance of Payments
c) Essential Elements of a Valid Contract
d) Strategic Alliances and Technology Transfer

IBO-01, IBO-1, IBO 01, IBO 1, IBO01, IBO, PGDIBO 01, PGDIBO01, PGDIBO-1