IBO-01: International Business Environment – PGDIBO Solved Assignment 2021-22

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Post Graduation Diploma in International Business Organization – PGDIBO Solved Assignments for January 2021 and July 2021 Admission Cycles

PGDIBO Tutor Marked Solved Assignment

Course Code : IBO – 01
Course Title : International Business Environment
Assignment Code : IBO-01/TMA/2021-22
Coverage : All Blocks

Following are the questions of IBO – 01-International Business Environment of IGNOU – PGDIBO Assignment for 2021-22 session. To download answers of all the questions of this assignment in English click on the question, subject to availability of answer, you can view or download the answer there.

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Question 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.

Question 2. (a) Describe the functioning of Bretton Woods System with examples.
Question 2. (a) Explain various International Commodity Agreements.

(i) Void agreements and void contract
(ii) Utilitarianism and Formalism

(iii) Absolute advantage and comparative advantage of trade
(iv) GATT and WTO

(i) Geographic environment does not affect demand pattern of the people living in the country
(ii) When goods are bought by description from a seller, there is no implied condition that goods shall be of merchantable quality.
(iii) Arbitration is not preferred by the parties involved in international business.
(iv) Free trade is always better than no trade.

(i) Code of Ethics for International Marketing
(ii) Current Account and Capital Account of Balance of Payments
(iii) Essential Elements of a Valid Contract
(iv) Strategic Alliances and Technology Transfer