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AEREN
FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name
: Mary Jennifer.A Marks
: 80
Course
: Bachelors in Management Studies (BMS)
Subject
: International Business
Answer
the following question.
Question.
1. State
the importance of business ethics. (10 marks)
Answer:
importanceofbusinessethicsEthics are, at their essence, moral judgements about
what is right and what is wrong. In a
business sense, these ethics are decided upon and formed by each company and
underpin the decisions that anyone in the business makes. The decision to behave ethically as one
individual to another is easy for any decent moral human being, but it is easy
to forget the impact a large, faceless business can have on the world. Business Ethics and Corporate Social
Responsibility are all about bearing in mind the full weight of any corporate
decision.
Question.
2. What
are the different dimensions of economic environment? (10 marks)
Answer:
The Dimensions or the factors constituting the business environment include
political, social, technological, legal and economic factors which are
considered important for taking decisions and for improving the operations of a
firm.
These are a
part of general environment which influences the performance of many firms at
the same time.
Question.
3.
Enumerate the importance of International Business in Indian Industrial
development (10 marks)
Answer:
The economic development in India followed socialist-inspired policies for most
of its independent history, including state-ownership of many sectors; India's
per capita income increased at only around 1% annualised rate in the three
decades after its independence. Since the mid-1980s, India has slowly opened up
its markets through economic liberalisation. After more fundamental reforms
since 1991 and their renewal in the 2000s, India has progressed towards a free
market economy.
Question.
4.
Explain global human resource management (10 marks)
Answer:
With the advent of globalization, organizations - big or small have ceased to
be local, they have become global! This has increased the workforce diversity
and cultural sensitivities have emerged like never before. All this led to the
development of Global Human Resource Management.
Even those
organizations who consider
Question.
5. List
out the role of RBI. (10 marks)
Answer:
Major functions of the RBI are as follows:
1. Issue of
Bank Notes: The Reserve Bank of India has the sole right to issue currency
notes except one rupee notes which are issued by the Ministry of Finance.
Currency notes issued by the Reserve Bank are declared unlimited legal tender
throughout the country.
This
concentration of notes issue function with the Reserve Bank has a number of
advantages: (i) it brings uniformity in notes issue; (ii) it makes possible
effective state supervision; (iii) it is easier to control and regulate credit
in accordance with the requirements in the economy; and (iv) it keeps faith of
the public in the paper currency.
Question.
6.
Description of SCM project undertaken by BPCL. (10 marks)
Answer:
BPCL is organized into 6 Strategic Business Units (SBUs) comprising of
Industrial & Commercial (I&C), Retail, Lubricants, LPG, Aviation and
Refinery. It markets the products through a country wide network of 33
installation & oil terminals, 63 company operated depots, 45 LPG bottling
plants and 19 Aviation service stations which provide logistical support
for 7077 petrol stations, 1008 Kerosene
/ LDO dealers and 2124 LPG distributors, besides supplying fuel directly to
hundreds of industries, and several international and domestic airlines.
Benefits
derived by company by focusing on e-revolution
Question.
7. What
are duty payables of soft bonded IT unit (SBIT) (10 marks)
Answer:
In 1997, when the IT hardware industry was getting de-emphasised by a general
hostile policy environment and the impact of wrongly balanced structure of the
original version of the Electronic Hardware Technology Park (EHTP), decisive
steps were taken towards creating a duty free area for IT hardware manufacture
with a scheme
Question.
8.
Describe European Investment Bank (EIB) ? (10 marks)
Answer:
The European Investment Bank (EIB) is the European Union's nonprofit long-term
lending institution established in 1958 under the Treaty of Rome. As a
"policy-driven bank" whose shareholders are the member states of the
EU, the EIB uses its financing operations to bring about European integration
and social cohesion. It should not be confused with the European Central Bank.
The EIB is a
publicly owned international financial institution
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
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