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    The document outlines 6 questions for an assessment on international business and economics. The questions cover topics such as: 1) the challenges of pure market and command economies and where each could be implemented successfully. 2) key learnings from the Airtel Africa case study. 3) lessons from LG and Ford's successes and failures in India. 4) why understanding culture is important for international business and explanations of Hofstede's cultural dimensions. 5) whether India should open up more to international trade and what it needs to consider. 6) how governments use tariffs and subsidies. Word limits are provided for most questions.

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    GDIB Assignment

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    The document outlines 6 questions for an assessment on international business and economics. The questions cover topics such as: 1) the challenges of pure market and command economies and where each could be implemented successfully. 2) key learnings from the Airtel Africa case study. 3) lessons from LG and Ford's successes and failures in India. 4) why understanding culture is important for international business and explanations of Hofstede's cultural dimensions. 5) whether India should open up more to international trade and what it needs to consider. 6) how governments use tariffs and subsidies. Word limits are provided for most questions.

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    © All Rights Reserved
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    18 views1 page

    GDIB

    Uploaded by

    ranjith babu
    The document outlines 6 questions for an assessment on international business and economics. The questions cover topics such as: 1) the challenges of pure market and command economies and where each could be implemented successfully. 2) key learnings from the Airtel Africa case study. 3) lessons from LG and Ford's successes and failures in India. 4) why understanding culture is important for international business and explanations of Hofstede's cultural dimensions. 5) whether India should open up more to international trade and what it needs to consider. 6) how governments use tariffs and subsidies. Word limits are provided for most questions.

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    of 1

    SEP 2022 / RAMESH N / GDIB

    GDIB TERM 3 –
    Answer all questions
    IF TWO ANSWERS PAPERS ARE SIMILAR THE SECOND ASSESSED IS LIKELY TO GET FEWER MARKS.

    1. While the pure market economy is much desired for growth plus innovation and pure command economy delivers
    basic needs as defined by Maslow’s Pyramid;, what are the challenges and pitfalls with economy systems explain. .
    Name two areas/sectors each where pure market economy and command market economy can be implemented
    successfully and why.

    2. What are the three key learnings from the study of the Airtel Africa case. Limit to 200 words

    3. What lessons can be learnt by contrasting successes and failures of LG and Ford in India. Limit to 200 words

    4. Why is understanding culture a key element in International Business. Define and explain the 5 terms associated
    with Hoestede Dimensions of Culture with examples.. Limit to 300 words

    5. Should India open its borders and businesses for International trade? How does it help the nation? What should India
    be mindful of as it opens its doors to the World for trade? Limit to 300 words

    6. How do Governments use Tariffs and Subsidies to their benefit?

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