Advance International Business

Paper Code: 
IBG 216
Credits: 
3
Contact Hours: 
45.00
Objective: 

To acquaint students with the theory of Foreign Exchange Market and Transactions.

9.00
Unit I: 
Entry in International Business

Types of International Business, modes of entry- Exporting, Licensing, Franchising, Contract Manufacturing, Turnkey Contracts and Management Contracts.

9.00
Unit II: 
Foreign Direct Investment (FDI)

Meaning, Factors influencing FDI, Reasons of FDI, Cost & Benefit of FDI, FDI in India.

9.00
Unit III: 
Some Social Issues in IB

Business Ethics, Corporate Social Responsibility (CSR) in Business, Environmental issues & Labour issues.

9.00
Unit IV: 
Multi National Companies (MNC’s)

Definition, concepts, advantages, disadvantages and growth of MNC, Organization structure of MNC.

9.00
Unit V: 
Globalization

Meaning, Effects and Benefits, Multinational, Global, Transnational companies, Factors favouring globalization, obstacles.

Essential Readings: 

Cherunilam Francis “International Business”, Tata McGraw-Hill Publishing Company Limited, new Delhi
• P Subba Rao : International Business(Text and Cases) , Edition 4, Himalya Publication House, Mumbai

ACADEMIC YEAR: