Fall 2010

Master of Business Administration – MBA Semester 3

MB0051 – Legal Aspects of Business - 4 Credits

Assignment Set- 1
60 Marks

Note: Each question carries 10 Marks. Answer all the questions.

Q.1 Explain the concept and limitations of the theory of comparative costs. [10 marks]

Q.2 What are the different market entry strategies for a company which is interested to enter
International markets? Discuss briefly. [10 marks]

Q.3. a. What are the benefits of MNC’s? [5 marks]

b. Give a short note on OPEC. [5 marks]

Q.4. a. How will socio-cultural environment of a country have an impact on a multinational

business? Explain with an example. [5 marks]
b. Discuss the origin of WTO and its principles. [5 marks]

Q. 5 a. Explain the merits and demerits of BoP theory? [6 marks]

b. Distinguish between fixed and flexible exchange rates. [4 marks]

Q. 6. Discuss the need for HRM Strategies and International employee relations strategies
in International business. [10 marks]
 Fall 2010

Master of Business Administration - MBA Semester 3

MB0051 – Legal Aspects of Business - 4 Credits

Assignment Set- 2
60 Marks

Note: Each question carries 10 Marks. Answer all the questions.

Q.1 Discuss the issues involved in international product policy and International branding
with a few examples. [10 marks]

Q.2 a. Why do you think International quality standards are essential in International
business? [4 marks]
b. Give a note on Robotics and flexible manufacturing. [6 marks]

Q.3 a. What is transfer pricing? [2 marks]

b. Write a short note on Bills of Exchange and Letters of credit. [8 marks]

Q.4. Discuss the modern theory of international trade along with its criticisms. [10 marks]

Q. 5 a. Make a note of the functions and achievements of UNCTAD. [6 marks]

b. Give reasons for the slow growth towards achieving international accounting
standards. [4 marks]

Q. 6 a. Give a note on the Japanese approach to HRM. [4 marks]

b. Explain briefly the Purchasing power parity theory. [6 marks]