M. Com.

Ist Year

Master of Commerce (M.Com)

Also for: M.Com (F &T) M.Com (BP &CG) M.Com (MA &FS)

First Year ASSIGNMENTS 2012-13 For July 2012 and January 2013 admission cycle

School of Management Studies Indira Gandhi National Open University Maidan Garhi, New Delhi -110 068

Master of Commerce (M.Com) First Year ASSIGNMENTS 2012-13

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 2012 and January 2013). The validity is given below: 1. Those who are enrolled in July 2012, it is valid upto June 2013. 2. Those who are enrolled in January 2013, it is valid upto December 2013. 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 and if you are planning to appear in December Term-End Examination, you must submit them latest by 15th September.

Note: In case you receive the study material and assignments late, you can submit the assignment responses within one month after receiving the study material.

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage : : : : IBO 01 International Business Environment IBO 01/TMA/2012-13 All Blocks

Maximum Marks: 100 Attempt all the questions 1. What is balance of payments? Explain briefly the components of balance of payments. Discuss the factors which affect balance of payments. (20) (a) How is the WTO different from GATT? Explain the scope and functions of the WTO. (b) Discuss the multilateral trade agreement on agriculture. 3. (10+10)

2.

(a) What do you mean by globalization? Discuss the effects of globalization on the world economy. (b) What is Global Trade Point Network (GTPN)? Discuss the objectives of GTPN. (10+10) Distinguish between: (a) Trade Related Intellectual Property (TRIPs) and Trade Related Investment Measures (TRIMs) (b) Regionalism and Multilateralism (10+10)

4.

5.

Write short notes on: (a) Labour Theory of Value of International Trade (b) Modern theory of Trade (c) Objectives and Functions of International Monetary Fund (d) Arbitration. (4X5)

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage

: : : :

IBO 02 International Marketing Management IBO 02/TMA/2012-13 All Blocks

Maximum Marks: 100 Attempt all the questions 1. International market segmentation is the process of dividing the total market into one or more parts each of which tends to be homogeneous in all significant aspects. On the basis of this statement discuss the basic criteria for segmenting international markets. (20) (a) What is international marketing? How is it different from domestic marketing? (b) Explain how the political and legal environment can have an impact on the marketing mix of multinational companies? (10+10) 3. (a) Branding decisions involves more than merely deciding whether a product should be branded or not. Justify this statement. (b) Why is international marketing research important? Explain the process of international marketing research. 4. Distinguish between: (a) Standardization and Adaptation (b) Franchising and Contract Manufacturing (c) Direct and Indirect Channels of International Marketing System (d) Probability and Non-Probability Sampling Methods 5. Write short notes on: (a) International Market Positioning (b) Transfer Pricing (c) Licensing (d) GATS (4x5) (4x5)

2.

(10+10)

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage : : : : IBO 03 Indias Foreign Trade IBO 03/TMA/2012-13 All Blocks

Maximum Marks: 100 Attempt all the questions 1. Describe the role of WTO in regulating the trade between different countries. What are the strategies that India has adopted for integrating itself with the world? 2. (10+10)

Define services. How are they classified? Explain the potential and performance of India in exporting services. (5+5+10)

3.

Distinguish between: (a) Balance of Payment and Balance of Trade (b) FDI and FPI (10+10)

4.

Write short notes on the following: (a) Indian Textile Industry (b) Strength of Indian Leather Industry (10+10)

5.

Comment briefly on the following statements: (a) Indias export is highly concentrated in a few markets. (b) The concept of export processing zones has gained popularity all over the world. (c) Electronics & information technology segment of the Indian industry are fastest growing. (d) The West Asian countries are very important for Indias foreign trade. (4x5)

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage : : : : IBO 04 Export Import Procedures and Documentation IBO 04/TMA/2012-13 All Blocks

Maximum Marks: 100

Attempt all the questions 1. 2. What is import financing? Discuss the various methods of import finance. What is bill of lading? Explain the various types of bill of lading. How can the transferability of bill of lading be created? 3. Why is customs clearance of import cargo required? Explain the stages of customs clearance of import cargo along with the documentation formalities. (5+15) (20) (5+15)

4.

Distinguish between : (a) War Perils and Strike Perils (b) Bill of Exchange and Bill of Entry (10+10)

5.

Write short notes on the following: (a) Foreign Trade (Development and Regulation) Act, 1992 (b) General Conditions in Export Contract. (c) Pre-Shipment Inspection (d) Open Cover (4x5)

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage : : : : IBO - 05 International Marketing Logistics IBO-05/TMA/2012-13 All Blocks Maximum Marks: 100 Attempt all the questions 1. What are the three important concepts relevant to Logistics Management by an organization? Explain them briefly and state which one you regard as the best approach and why? (20) The efficiency of ports not only helps in increasing the efficiency of the overall transport system of a country, but also reduces the cost of transporting goods from one of the origin to the point of the ultimate decision. Comment and discuss the constraints faced by Indian ports in providing efficient service to users. (20) Write short notes on the following: a) b) c) d) 4. Joint Venture Inventory Control Export Order International Chamber of Commerce

2.

3.

(4x5)

Distinguish between the following: a) Time Charter and Bare Boat Charter b) Flat Rack Container Vs. Open Top Container c) Inter-Modalism and Multi-Modalism. d) Re-order Level (ROL) and Re-order Quantity (ROQ)

(4x5)

5.

Comment briefly on the following statements: a) Logistics variables and costs interact in a complex and indirect way. b) Multi-Modal Transport is considered as an integral part of Just-In-Time logistics Management c) Traders of general merchandise require shipping services of more sophisticated nature. d) The freight rate had no relationship with the route to be covered. (4x5)

TUTOR MARKED ASSIGNMENT

Course Code Course Title Assignment Code Coverage : : : : IBO 06 International Business Finance IBO 06/TMA/2012-13 All Blocks

Maximum Marks: 100 Attempt all the questions 1. What do you understand by the International Monetary System? How did the US Balance of Payment position influence the monetary system under Bretton Woods System? (20) a) What is foreign exchange rate? Distinguish between forward and spot exchange rate. b) Why have Central Banks frequently intervened in the foreign exchange market? (10+10) Critically analyze the centralized cash management operations of MNCs. How MNCs use transfer pricing as an instrument in their operations? Explain with example. What are the special documents used in international trade? Explain each of them. (20) (20)

2.

3. 4.

(20)

5.