IB06
International Business
Assignment – I
Assignment Code: 2013IB06B1 Last Date of Submission: 15th October 2013
Maximum Marks: 100
Attempt all the questions. All questions are compulsory and carry equal marks.
Section-A
1. Explain the major theories of international trade and investment.
2. Describe the main features of Multinational Corporations. Critically evaluate the relationship between Multinational Corporations and host countries.
3. How globalization has affected the economies of developing and less developed countries. Also explain the advantages and disadvantages of globalization for these countries.
4. Explain the main features of Foreign Exchange Management Act (FEMA). How Foreign Exchange management Act is different from Foreign Exchange Regulation Act (FERA).
Section-B
Case Study
Read the following case carefully and answer the questions given in the end:
After a year of scorched-earth litigation, a jury decided Friday that Samsung ripped off the innovative technology used by Apple to create its revolutionary iPhone and iPad. The jury ordered Samsung to pay Apple $1.05 billion. An appeal is expected. Apple Inc. filed its patent infringement lawsuit in April 2011 and engaged legions of the country's highest-paid patent lawyers to demand $2.5 billion from its top smartphone competitor. Samsung Electronics Co. fired back with its own lawsuit seeking $399 million. But verdict, however, belonged to Apple, as the jury rejected all Samsung's claim against Apple. Jurors also decided against some of Apple's claims involving the two dozen Samsung devices at issue, declining to award the full $2.5 billion Apple demanded. However, the jury found that several Samsung products illegally used such Apple creations as the "bounce-back" feature when a user scrolls to an end image, and the ability to zoom text with a finger tap.
As part of its lawsuit, Apple also demanded that Samsung pull its most popular cellphones and computer tablets from the U.S. market. A judge was expected to make that ruling at a later time. During closing arguments at the trial, Apple attorney Harold McElhinny claimed Samsung was having a "crisis of design" after the 2007 launch of the iPhone, and executives with the South Korean company were determined to illegally cash in on the success of the revolutionary device.
Samsung's lawyers countered that it was simply and legally giving consumers what they want: Smart phones with big screens. They said Samsung didn't violate any of Apple's patents and further alleged innovations claimed by Apple were actually created by other companies. Samsung has emerged as one of Apple's biggest rivals and has overtaken Apple as the leading smartphone maker. Samsung's Galaxy line of phones run on Android, a mobile operating system that Google Inc. has given out for free to Samsung and other phone makers. Samsung conceded that Apple makes great products but said it doesn't have a monopoly on the design of rectangle phones with rounded corners that it claimed it created. Google entered the smartphone market while its then-CEO Eric Schmidt was on Apple's board, infuriating Apple co-founder Steve Jobs, who considered Android to be a blatant rip off of the iPhone's innovations.
After shoving Schmidt off Apple's board, Jobs vowed that Apple would resort to "thermonuclear war" to destroy Android and its allies. The Apple-Samsung trial in San Jose came after each side filed a blizzard of legal motions and refused advisories by U.S. District Judge Lucy Koh to settle the dispute out of court. Deliberations by the jury of seven men and two women began Wednesday. Samsung has sold 22.7 million smartphones and tablets that Apple claimed uses its technology. McElhinny said those devices accounted for $8.16 billion in sales since June 2010. Apple and Samsung combined account for more than half of global smartphone sales.
From the beginning, legal experts and Wall Street analysts viewed Samsung as the underdog in the case. Apple's headquarters is a mere 10 miles from the courthouse, and jurors were picked from the heart of Silicon Valley where Apple's late founder Steve Jobs is a revered technological pioneer. While the legal and technological issues were complex, patent expert Alexander I. Poltorak previously said the case would likely boil down to whether jurors believed Samsung's products look and feel almost identical to Apple's iPhone and iPad.
To overcome that challenge at trial, Samsung's lawyers argued that many of Apple's claims of innovation were either obvious concepts or ideas stolen from Sony Corp. and others. Experts called that line of argument a high-risk strategy because of Apple's reputation as an innovator. Apple's lawyers argued there is almost no difference between Samsung products and those of Apple, and presented internal Samsung documents they said showed it copied Apple designs. Samsung lawyers insisted that several other companies and inventors had previously developed much of the Apple technology at issue.
The U.S. trial is just the latest skirmish between the two tech giants over product designs. Apple and Samsung have filed similar lawsuits in eight other countries, including South Korea, Germany, Japan, Italy, the Netherlands, Britain, France and Australia. Samsung won a home court ruling Friday in the global patent battle against Apple. Judges in Seoul said Samsung didn't copy the look and feel of the iPhone and ruled that Apple infringed on Samsung's wireless technology.
However, the judges also said Samsung violated Apple's technology behind the feature that causes a screen to bounce back when a user scrolls to an end image. Both sides were ordered to pay limited damages. The Seoul ruling was a rare victory for Samsung in its fight with Apple. Those arguments previously have been shot down by courts in Europe, where judges have ruled that they are part of industry standards that must be licensed under fair terms to competitors.
The U.S. case is one of some 50 lawsuits among myriad telecommunications companies jockeying for position in the burgeoning $219 billion market for smartphones and computer tablets.
Questions:
a) Discuss the issues involved in the Case.
b) What kind of IPR infringement is involved in the case.
IB06
International Business
Assignment – II
Assignment Code: 2013IB06B2 Last Date of Submission: 15th November 2013
Maximum Marks: 100
Attempt all the questions. All questions are compulsory and carry equal marks.
Section-A
1. a) What to you understand by Global Finance Market? Discuss international
investment decisions and moving money across borders
(b) Discuss the role of foreign factories in domestic markets.
2. Write short notes on:
i. Strategic Alliance
ii. Mergers and Acquisitions
iii. Free Trade Area/Agreement
iv. Joint Ventures
v. Customs Union (5x4)
3. a) Discuss different types of Regional Economic Integration. What are the advantages and disadvantages of Regional Economic Integration in international Business?
b) Govt. of India has allowed FDI in Indian retails sector in Dec.2012. Discuss the salient features of FDI policy in Indian Retail Sector.
4. Aligned Documents System in International Trade plays a vital role. Discuss the Commercial and Regulatory Documents used in the International Trade. How these documents are different from each other?
Section-B
Case Study
Read the following case carefully and answer the questions given in the end:
A Foreign Company has been exporting its Nylon product to India for the last one year on the lower price normally it charge in its own country. Selling of the product at lower price has resulted into the direct injury to Indian Nylon Industry by way of loss of market share, reduction in profit, loss of production and job loss. The Industry filed an application with the Director General of Antidumping and Allied Duties (DGAD) for investigating these imports at low price.
DGAD initiated the investigations and asked for the production cost data from the domestic and foreign companies involved in the case. But the foreign company did not give the production cost data in the name of business secret. DGAD took the cost of production of similar product from the 3rd country and fixed the normal value of the product vis-a vis the price of the domestic industry. It was found that the normal price of the like product in India is Rs. 50/- per unit where as this foreign company is selling the same product at Rs. 35/- per unit. The foreign company is selling this product in their own country at Rs. 45/- per unit. The market share acquired in India by this foreign company alone is more than 10% and the total imports of this product come to 15% of the market share. As per Article –VI of antidumping agreement DGAD is empowered to determine anti dumping duty if the dumping margin is more than 2% in a particular case.
Questions:
a) Do you feel there is a dumping by foreign company in this case? If yes, support your answer with evidence in the light of GATT Antidumping Agreement.
b) Calculate the Antidumping Margin for imposing antidumping duty on the foreign company.
c) In India which Govt. department is empowered to notify the antidumping duty once it is determined.
International Business
Assignment – I
Assignment Code: 2013IB06B1 Last Date of Submission: 15th October 2013
Maximum Marks: 100
Attempt all the questions. All questions are compulsory and carry equal marks.
Section-A
1. Explain the major theories of international trade and investment.
2. Describe the main features of Multinational Corporations. Critically evaluate the relationship between Multinational Corporations and host countries.
3. How globalization has affected the economies of developing and less developed countries. Also explain the advantages and disadvantages of globalization for these countries.
4. Explain the main features of Foreign Exchange Management Act (FEMA). How Foreign Exchange management Act is different from Foreign Exchange Regulation Act (FERA).
Section-B
Case Study
Read the following case carefully and answer the questions given in the end:
After a year of scorched-earth litigation, a jury decided Friday that Samsung ripped off the innovative technology used by Apple to create its revolutionary iPhone and iPad. The jury ordered Samsung to pay Apple $1.05 billion. An appeal is expected. Apple Inc. filed its patent infringement lawsuit in April 2011 and engaged legions of the country's highest-paid patent lawyers to demand $2.5 billion from its top smartphone competitor. Samsung Electronics Co. fired back with its own lawsuit seeking $399 million. But verdict, however, belonged to Apple, as the jury rejected all Samsung's claim against Apple. Jurors also decided against some of Apple's claims involving the two dozen Samsung devices at issue, declining to award the full $2.5 billion Apple demanded. However, the jury found that several Samsung products illegally used such Apple creations as the "bounce-back" feature when a user scrolls to an end image, and the ability to zoom text with a finger tap.
As part of its lawsuit, Apple also demanded that Samsung pull its most popular cellphones and computer tablets from the U.S. market. A judge was expected to make that ruling at a later time. During closing arguments at the trial, Apple attorney Harold McElhinny claimed Samsung was having a "crisis of design" after the 2007 launch of the iPhone, and executives with the South Korean company were determined to illegally cash in on the success of the revolutionary device.
Samsung's lawyers countered that it was simply and legally giving consumers what they want: Smart phones with big screens. They said Samsung didn't violate any of Apple's patents and further alleged innovations claimed by Apple were actually created by other companies. Samsung has emerged as one of Apple's biggest rivals and has overtaken Apple as the leading smartphone maker. Samsung's Galaxy line of phones run on Android, a mobile operating system that Google Inc. has given out for free to Samsung and other phone makers. Samsung conceded that Apple makes great products but said it doesn't have a monopoly on the design of rectangle phones with rounded corners that it claimed it created. Google entered the smartphone market while its then-CEO Eric Schmidt was on Apple's board, infuriating Apple co-founder Steve Jobs, who considered Android to be a blatant rip off of the iPhone's innovations.
After shoving Schmidt off Apple's board, Jobs vowed that Apple would resort to "thermonuclear war" to destroy Android and its allies. The Apple-Samsung trial in San Jose came after each side filed a blizzard of legal motions and refused advisories by U.S. District Judge Lucy Koh to settle the dispute out of court. Deliberations by the jury of seven men and two women began Wednesday. Samsung has sold 22.7 million smartphones and tablets that Apple claimed uses its technology. McElhinny said those devices accounted for $8.16 billion in sales since June 2010. Apple and Samsung combined account for more than half of global smartphone sales.
From the beginning, legal experts and Wall Street analysts viewed Samsung as the underdog in the case. Apple's headquarters is a mere 10 miles from the courthouse, and jurors were picked from the heart of Silicon Valley where Apple's late founder Steve Jobs is a revered technological pioneer. While the legal and technological issues were complex, patent expert Alexander I. Poltorak previously said the case would likely boil down to whether jurors believed Samsung's products look and feel almost identical to Apple's iPhone and iPad.
To overcome that challenge at trial, Samsung's lawyers argued that many of Apple's claims of innovation were either obvious concepts or ideas stolen from Sony Corp. and others. Experts called that line of argument a high-risk strategy because of Apple's reputation as an innovator. Apple's lawyers argued there is almost no difference between Samsung products and those of Apple, and presented internal Samsung documents they said showed it copied Apple designs. Samsung lawyers insisted that several other companies and inventors had previously developed much of the Apple technology at issue.
The U.S. trial is just the latest skirmish between the two tech giants over product designs. Apple and Samsung have filed similar lawsuits in eight other countries, including South Korea, Germany, Japan, Italy, the Netherlands, Britain, France and Australia. Samsung won a home court ruling Friday in the global patent battle against Apple. Judges in Seoul said Samsung didn't copy the look and feel of the iPhone and ruled that Apple infringed on Samsung's wireless technology.
However, the judges also said Samsung violated Apple's technology behind the feature that causes a screen to bounce back when a user scrolls to an end image. Both sides were ordered to pay limited damages. The Seoul ruling was a rare victory for Samsung in its fight with Apple. Those arguments previously have been shot down by courts in Europe, where judges have ruled that they are part of industry standards that must be licensed under fair terms to competitors.
The U.S. case is one of some 50 lawsuits among myriad telecommunications companies jockeying for position in the burgeoning $219 billion market for smartphones and computer tablets.
Questions:
a) Discuss the issues involved in the Case.
b) What kind of IPR infringement is involved in the case.
IB06
International Business
Assignment – II
Assignment Code: 2013IB06B2 Last Date of Submission: 15th November 2013
Maximum Marks: 100
Attempt all the questions. All questions are compulsory and carry equal marks.
Section-A
1. a) What to you understand by Global Finance Market? Discuss international
investment decisions and moving money across borders
(b) Discuss the role of foreign factories in domestic markets.
2. Write short notes on:
i. Strategic Alliance
ii. Mergers and Acquisitions
iii. Free Trade Area/Agreement
iv. Joint Ventures
v. Customs Union (5x4)
3. a) Discuss different types of Regional Economic Integration. What are the advantages and disadvantages of Regional Economic Integration in international Business?
b) Govt. of India has allowed FDI in Indian retails sector in Dec.2012. Discuss the salient features of FDI policy in Indian Retail Sector.
4. Aligned Documents System in International Trade plays a vital role. Discuss the Commercial and Regulatory Documents used in the International Trade. How these documents are different from each other?
Section-B
Case Study
Read the following case carefully and answer the questions given in the end:
A Foreign Company has been exporting its Nylon product to India for the last one year on the lower price normally it charge in its own country. Selling of the product at lower price has resulted into the direct injury to Indian Nylon Industry by way of loss of market share, reduction in profit, loss of production and job loss. The Industry filed an application with the Director General of Antidumping and Allied Duties (DGAD) for investigating these imports at low price.
DGAD initiated the investigations and asked for the production cost data from the domestic and foreign companies involved in the case. But the foreign company did not give the production cost data in the name of business secret. DGAD took the cost of production of similar product from the 3rd country and fixed the normal value of the product vis-a vis the price of the domestic industry. It was found that the normal price of the like product in India is Rs. 50/- per unit where as this foreign company is selling the same product at Rs. 35/- per unit. The foreign company is selling this product in their own country at Rs. 45/- per unit. The market share acquired in India by this foreign company alone is more than 10% and the total imports of this product come to 15% of the market share. As per Article –VI of antidumping agreement DGAD is empowered to determine anti dumping duty if the dumping margin is more than 2% in a particular case.
Questions:
a) Do you feel there is a dumping by foreign company in this case? If yes, support your answer with evidence in the light of GATT Antidumping Agreement.
b) Calculate the Antidumping Margin for imposing antidumping duty on the foreign company.
c) In India which Govt. department is empowered to notify the antidumping duty once it is determined.
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