International Business Management

Unit No

Unit Title

Contents

1)      

Introduction to International

Business

·    Meaning, Nature and Scope of International Business

·    Globalization – Effects on Economy, Advantages Challenges

·    International Trade Theories and its Applications-Reasons for International Trade Ricardo’s Theory, Hecksher Ohlin Theory, Michael Porter’s Diamond Model.

2)      

International Business

Environment

·    International Corporations – Meaning, Scope and Nature

·    Role and Importance of Multi National Corporations in International Business.

·    Foreign Direct Investment – Meaning, Concept, Importance.

·    Legal Aspects of FDI from Indian Context.

·    Cultural and Demographic Environment – Meaning and Importance in International Business.

3)      

International Finance

·    Meaning of Exchange Rate

·    Determination of Exchange Rate – Fixed, Flexible and Managed.

·    Concept of Spot Rate, Forward Rate and Futures

·    Balance of Trade and Balance of Payments-Introduction, Concept and Importance.

·    Documentation in International Trade and EXIM Finance.

·    Financing Techniques and Export Promotion Schemes

·    World Bank and International Monetary Fund–Objectives and Functions

4)      

International Economic Zones

and Foreign Trade

·    World Trade Organisation (WTO) – Evolution and Functions.

·    Regional Trading Agreements, India and Trade Agreements, Regional Integration.

·    Global Sourcing – Introduction, Concept, Challenges, Advantages (Indian Context).

·    Composition and Direction of India’s Foreign Trade since 2000.

·    Case Studies in International Business with Reference to Indian Economy on–

Ø International Marketing

Ø International Finance

Ø International Human Resource Management

Ø International Strategic Management

Ø Ethics in International Business.