International Business Environment

Syllabus

MBA: 307- International Business Environment

UNIT 1

Introduction to International Business: Importance, Nature and Scope of International Business; Modes of Entry into International Business, Internationalization Process. Globalisation: Meaning, Implications, Globalisation as a Driver of International Business. The Multinational Corporations (MNCs) – Evolution, Features and Dynamics of the Global Enterprises. Consequences of Economic Globalisation, Brexit, Reverse Globalisation.                       (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)