M.B.A. II (Semester
III) (Old CBCS) Examination, 2018
Paper XX Group G international busines (Paper II)
International Trade Procedures and Documentations
Day and Date Wednesday, 19-12-2018 Max. Marks 70
Time 10.30 a.m. to 1.00 p.m.
Instructions Question No. 1 is compulsory.
Attempt any two Questions from Q. Q. 3 and Q. 4.
Attempt any two Questions from Q. Q. 6 and Q. 7.
All Questions carry equal marks.
1. Analyze the case, identifies the problem, determine the alternatives and choose
the best solution. 14
Reebok, the well-known athletic shoe multinational, gets its products contract
manufactured by independent firms in the developing countries. The MNC,
which gives importance to low cost and high quality, is also concerned with
human rights protection and requires its suppliers to follow the following human
rights standards. Reebok will seek business partners that do not discriminate
in hiring and employment practices on grounds of race, color, national origin,
gender, religion, or political or other opinion. Working hours/overtime Reebok
will seek business partners who do not require more than 60-hour work weeks
on a regularly scheduled basis, except for appropriately compensated overtime
in compliance with local laws, and we will favor business partners who use
48 hour work weeks as their maximum normal requirement.
Forced or compulsory labor Reebok will not work with business partners that use
forced or other compulsory labor, including labor that is required as a means
for political coercion or as punishment for holding or for peacefully expressing
political views, in the manufacture of its products. Reebok will not purchase
materials that were produced by forced prison or other compulsory labor and will
terminate business relationships with any sources found to utilize such labor.
Fair wages Reebok will seek business's partners who share their commitment
to the betterment of wage and benefit levels that address the basic needs of
workers and their families so far as possible and appropriate in light of national
practices and conditions. Reebok will not select business partners that pay less
than the minimum wage required by local law or that pay less than prevailing
local industry practices (whichever is higher).
Set P
SLR-CL 59 *SLRCL59*
Child labor Reebok will not work with business partners that use child labor.
The term generally refers to a person who is less than 14 years of age,
or younger than the age for completing compulsory education if that age is
higher than 14. In countries where the law defines to include individuals
who are older than 14, Reebok will apply that definition. Freedom of association
Reebok will seek business partners that share its commitment to the right of
employees to establish and join organizations of their own choosing. Reebok will
seek to assure that no employee is penalized because of his or her non-violent
exercise of its right. Reebok recognizes and respects the right of all employees
to organize and bargain collectively. Safe and healthy work environment
Reebok will seek business partners that strive to assure employees a safe and
healthy workplace and that do not expose workers to hazardous conditions.
Human rights protection endeavors of Reebok. Its affect on developing country
suppliers. These standards pose a problem for the suppliers. Various ways
are there through which these standards benefit the suppliers in particular and
developing country industrial sector in general.
2. Write a short note on following (any two) 14
FEMA
INCO Terms
EDI.
3. Write a short note on following (any two) 14
SEZ
Duty Exemption Schemes
Income Tax Benefits
4. Write a short note on following (any two) 14
Foreign Trade Act 1992
Export Promotion Council
Export in India
5. What is the term EXIM Explain the nature and characteristics feature of EXIM
documents. 14
6. What is ECGC Explain various covers issued by ECGC. 14
7. State the concept export and import. Explain current trends of Indian Import
and Export in global trade. 14