ib0012 management of multinational corporations 3rd sem mba smu spring2014 solved assignments
TRANSCRIPT
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IB0012 Management of Multinational Corporations
1 Discuss the relationship between international business and international organizations. What could be the objectives of going international?
Answer: Relationship between International Business and International Organizations The international business is increasing day by day and its importance is widely recognized.
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2 Discuss the following theories of international trade:
a) Comparative cost advantage theory
b) Porter’s theory
a) Comparative cost advantage theory
Answer: David Ricardo in 1817 advocated that even though a nation held an absolute advantage in production of two goods, the two countries could still trade with mutual benefit.
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3 Many countries are apprehensive about permitting MNCs operations. What are the possible reasons for this?
Answer: The Case against MNCs
MNCs are not widely welcome by many host countries. The critics of MNCs argue their case on following grounds:
4 Compare the management styles in USA and Japan.
Answer: Management Styles in U.S.A U.S.A. being a democratic country, US managers are often under pressure to show better financial results. Americans usually stay in their managerial positions only a relatively short time.
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5 Explain the scope of comparative management.
Answer: Scope of Comparative Management
Many business organizations all over the world are becoming multinational companies. Since, they have to confront various environments; they have to innovate management techniques suitable to that country. The practice of comparative management increases the scope for managers of MNCs to learn in a versatile environment. The scope of comparative management in managing multinational companies is discussed below:
6 Write short notes on:
a) Ethical issues in international management
Answer: International business can take various forms ranging from export-import trade to setting up manufacturing units in foreign countries.
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