Global Business Environment

Paper Code: 
FTM-201
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

The objective of the course is to impart knowledge with regards to the elementary concepts of international business, which forms the foundation of the course.

Unit I: 

Foreign Exchange Rate Classifications:
Fixed Vs. Flexible, Spot Vs. Forward, Favorable Vs. Unfavorable, Arbitrage

Regional Economic Integration:
Concept, NAFTA, SAARC, OPEC, ASEAN, European Union

Economic Institutions:
IMF , World Bank, IFC IDA, ADB

Environmental Variables in Global Business:
Micro and Macro environment-Economic, Socio-cultural, Political and Technological environment

Globalization:
Effects and Benefits, Multinational, Global, Transnational companies.

Essential Readings: 

Essential Readings:

  1. India’s Foreign Trade: IGNOU Module , IBO – 03.
  2. Jain & Singh, Modern International Business, Regal Publications 2007, New Delhi.

 

ACADEMIC YEAR: 
2015-2016
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