INTERNATIONAL BUSINESS ENVIRONMENT Pune MBA Second Sem

Syllabus

International Business Environment

Unit 1: Introduction to International Business: Importance, nature and scope of International business; modes of entry into International Business, internationalization process. Globalization: Meaning, Implications, Globalization as a driver of International Business. The Multinational Corporations (MNCs) – evolution, features and dynamics of the Global Enterprises. Consequences of Economic Globalization, Brexit, Reverse globalization. (5+1)

Unit 2: International Business Environment: Political Economy of International Business, Economic and Political Systems, Legal Environment, Cultural Environment, Ethics and CSR in International Business.  (5+1)

Unit 3: International Financial Environment: Foreign Investments - Pattern, Structure and effects. Theories of Foreign Direct Investment, Traditional and Modern theories of FDI, Modes of FDI - Greenfield, Brownfield Investments, Mergers and Acquisitions, Motives of FDI, FDI contrasted with FPI. Basics of Forex Market. (5+1)

Unit 4: International Economic Institutions and Agreements: WTO, IMF, World Bank, UNCTAD Tariff and Non-tariff Barriers. Balance of Payment Account: Concept and significance of balance of payments, Current and capital account components. Introduction to Basic Concept of IFRS. (5+1)

Unit 5: Emerging Issues in International Business Environment: Growing concern for ecology, Digitalisation; Outsourcing and Global Value  chains. Labor and other Environmental Issues, Impact of Pandemic COVID-19 on international trade. `(5+1)