Microsoft Word - M.Com 1st year English Master of Commerce (M.Com) First Year Assignments...

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Microsoft Word - M.Com 1st year English

Master of Commerce
(M.Com)

First Year
Assignments
2018-19

For July 2018 and January 2019 admission cycle
School of Management Studies
Indira Gandhi National Open University
Maidan Garhi, New Delhi XXXXXXXXXX

M.Com
1st Year
Also For:
M.Com (F & T)
M.Com (BP & CG)
M.Com (MA & FS)
Master of Commerce (M.Com)
First Year
ASSIGNMENTS − XXXXXXXXXX
Dear Students,
As explained in the Programme Guide, you have to do one Tutor Marked Assignment for each course.
We are sending the assignments of all the six courses together in this booklet.
Assignment is given 30% weightage in the final assessment. To be eligible to appear in the Term-End
Examination, it is compulsory for you to submit the assignments as per the schedule. Before attempting
the assignments, you should carefully read the instructions given in the Programme Guide.
These assignments are valid for two admission cycles (July 2018 and January XXXXXXXXXXThe validity is given
elow:
1. Those who are enrolled in July 2018, it is valid upto June 2019.
2. Those who are enrolled in January 2019, it is valid upto December 2019.
In case you are planning to appear in June Term-End Examination, you must submit the assignments to
the Coordinator of your Study Centre latest by 15th March, 2019 and if you are planning to appear in
December Term-End Examination, you must submit them latest by 15th September, 2019.

TUTOR MARKED ASSIGNMENT
Course Code : IBO-01
Course Title : International Business Environment
Assignment Code : IBO-01/TMA/2018-19
Coverage : All Blocks

Maximum Marks: 100
Attempt all the questions.
1. Critically examine the partial equili
ium theory of trade.
XXXXXXXXXX20)

2. Why do Firms become transnational? Discuss various theories explaining emergence
of Transnational Corporations in the world economy.
XXXXXXXXXX8+12)

3. What are the long-term factors affecting the demand for primary commodities?
Discuss and explain major International Commodity Agreements.
XXXXXXXXXX6+14)

4. Comment on the following.
(i) Demographic environment does not influence the international business decisions.
(ii) Technology market is not a seller’s market.
(iii) A
itration is not prefe
ed by the parties involved in international business.
(iv) Encryption does not convert data into an unintelligible form.
XXXXXXXXXX5X4)

5. Write notes on the following?
(i) Terms of Trade
(ii) Strategic alliances and technology transfer
(iii) Implied conditions
(iv) Utilitarianism
XXXXXXXXXX5X4)

TUTOR MARKED ASSIGNMENT
Course Code : IBO – 02
Course Title : International Marketing Management
Assignment Code : IBO-02/TMA/2018-19
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions
1) A) Distinguish between the following:
i) Multinational Marketing and Global Marketing
ii) International Marketing Information System and International Marketing Research
XXXXXXXXXX2X5 Marks)
B) Write short notes on the following:
i) Impact of developments in Information Technology on International Marketing
ii) Standardization of International Advertising (2X5 marks)
2) Explain the steps involved in the international market process.
(20 marks)

3) An Indian auto-ancillary company decided to enter into international markets with full-
pledged investment in production and marketing. Discuss various modes of entry
available for the company, and critically evaluate in which situation each of them is
suitable XXXXXXXXXXmarks)

4) Explain the various stages in the international product life cycle. Discuss life cycle
stretching strategies.
(12+8 marks)
5) Compare and contrast the different approaches to budgeting for international advertising..
(20 marks)

TUTOR MARKED ASSIGNMENT
Course Code : IBO-03
Course Title : India’s Foreign Trade
Assignment Code : IBO-03/TMA/2018-19
Coverage : All Blocks

Maximum Marks: 100
Attempt all the questions
1. Discuss important issues in world trade. Describe
iefly the strategy adopted by India to
integrate with world trade XXXXXXXXXX)

2. Explain
iefly the constraints hampering export promotion efforts of India. How have various
agencies responded to tackle these issues? XXXXXXXXXX)

3. Give an overview of the exports of handicrafts and jewellery from India. What are India’s
competitive advantages and disadvantages in this sector? XXXXXXXXXX)

4. Define services. Discuss India’s export and avenues of services XXXXXXXXXX)

5. Write short notes on the following XXXXXXXXXX5x4)
(a) Balance of payments
(b) Role of international organizations in world trade.
(c) Indo-US trade prospects
(d) India-SAARC trade

TUTOR MARKED ASSIGNMENT
Course Code : IBO-04
Course Title : Export Import Procedures & Documentation
Assignment Code : IBO-04/TMA/2018-19
Coverage : All Blocks

Maximum Marks: 100
Attempt all the questions.
1. What are the objectives of Foreign Trade Policy of Government of India? Discuss
the general provisions regarding exports.
XXXXXXXXXX5+15)

2. Distinguish between pre-shipment and post-shipment finance. Explain various post-
shipment finance available to Indian Exporters.

qfile_636882784897455005_125296_1.pdf

Soumi · Accepted Answer

Running Head: INDIA’S FOREIGN TRADE		1
INDIA’S FOREIGN TRADE									11
INDIA’S FOREIGN TRADE
Table of Contents
1. Key Issues in World Trade and Strategy of India for Integrating with World Trade	3
2. Constraints hampering Export Promotion Efforts of India and response of various agencies	4
3. Exports of Handicrafts and Jewellery from India with Competitive Advantages as well as Disadvantages in this Sector	5
4. Defining Services, India’s Export and Avenues of Services	6
5. Short Notes	8
(a) Balance of Payments	8
(b) Role of International Organizations in World Trade	8
(c) Indo-US trade prospects	9
(d) India-SAARC Trade	9
References	10
1. Key Issues in World Trade and Strategy of India for Integrating with World Trade
	The pricing of commodities used in world trades, in the context of different value currencies and earning of foreign currencies, is a major issue that international businesses are facing with. The aspect of child labour in developing and under-developed countries, trade deficits, and interferences of international organisations such as the European Unions, World Trade Organization (WTO) and International Monetary Fund are the major issues (Foundation for Teaching Economics, 2019). In the recent times, the trade blockade, the trade war between US and China, rise of the BRICS country are also major issues of the world trade (Reuters, 2019).
	India’s attempt of integrating with the world trade has initiated in the 1990s; however, due to political and financial restrictions, the endeavours were proven half-hearted actions. In the recent times, India has adapted the strategy of partial or selective trade benefits as well as bilateral ties with certain economies of the world, which although not preferred by the WTO, is a beneficial process. In terms of the bilateral ties, India has been very tactful and has finalized ties with strong economies such as USA, China, Russia, Germany and France, which has widened the scope of foreign currency inflow into the Indian economy for strengthening it. 
It allowed many countries to trade their products and services in India at a lower or non-import duty imposition, in exchange of offering the same facility to Indian imports. In addition, India also increased the flexibility of Foreign Direct Investment. It is also seen that India has strategized to increase its exports in the international market, to gain more traction and higher earning, in the world trade scenario (Economics Discussion, 2019).
2. Constraints hampering Export Promotion Efforts of India and response of various agencies
	In India, the vision of exporting products in the international market and earning $900 billion by 2020 has been a very ambitious one, which was considered attainable after Indian export recovered from 19 months’ low export scenario and earned $22.6 billion in 2016. However, there remain barriers that have hampered the export promotion efforts in the country.
	It is found that in India, the export process is very complex and requires a series of actions to be taken place. Therefore, a major section of the traders stays away from export activities and focus on their trade within the country. The overriding control of the Indian Government and their changing policies are major constraints of Indian export promotions. It is found that the government's interference often brings in new changes to the existing promotional framework, taking away the slowly developed market recognition and forcing them to start anew (The Economic Times, 2018). 
	Besides, in India, inter-state trade is more promoted than the international exports, making traders less aware about international exports. India has a tendency of imposing import duty on foreign trade items, which makes the foreign countries impose high tax on Indian imports, making the proposition of export promotion in India underwhelming. The lack of proper infrastructure within India makes the export activities unregulated, prone to state biases. This retains the high degree of uncertainties, making the export promotion strategy undermining (The Economic Times, 2018).
	In order to tackle the issues, mainly arising from the changes in the tax and monetary policies, large business organisations have focused on long-term business export promotions, which would keep the systematic approach stable for the business organisations irrespective of the changes. In addition,

Microsoft Word - M.Com 1st year English Master of Commerce (M.Com) First Year Assignments 2018-19 For July 2018 and January 2019 admission cycle School of Management Studies Indira Gandhi National...

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