GLOBAL BUSINESS ENVIRONMENT

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

Course Outcomes (COs):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

  
 

CO1.     To Understand the various types of international business environment.

CO2.     To Gain understanding about various economic institutions such as IMF, World Bank etc

CO3.     To Gain understanding about various economic institutions such as IMF, World Bank etc.

CO4.     To Acquaint themselves with various concepts and dimensions of globalization of Indian Business 

CO5.     To Understand the various concepts related to Multinational Corporations including the organizational difference between Multinational, Global and Transnational companies

Approach in teaching:

Interactive Lectures, Discussion, Tutorials, Reading assignments, Practical Cases, Power point presentation and Solving Questions.    

 

Learning activities for the students:

Self learning assignments, Effective questions, Seminar presentation, Giving tasks, Live practical problems analysis

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects.

  

 

10.00
Unit I: 
International Business Environment:

Economic Environment, Political & Legal Environment, Socio-cultural Environment, Demographic Environment

8.00
Unit II: 
Regional Economic Integration:

Concept, Types of Integration, SAARC, OPEC, ASEAN, European Union, NAFTA

9.00
Unit III: 
Economic Institutions:

IMF, World Bank, IFC, IDA, ADB

9.00
Unit IV: 
Globalization

Concept, Essential Conditions for Globalization, Drivers of Globalization, Obstacles to Globalization of Indian Business, Factors favoring Globalization of Indian Business.

9.00
Unit V: 
Multinational Corporations:

Concept of Multinational Corporation, Benefits of MNCs to the Host and Home countries, Organizational difference between Multinational, Global, International and Transnational companies.

Essential Readings: 

• P Subba Rao : International Business(Text and Cases) , Edition 4, Himalya Publication House, Mumbai
• Jain & Singh, Modern International Business, Regal Publications, New Delhi.

References: 

Reference Books:

  • India’s Foreign Trade: IGNOU Module , IBO – 03.
  • Thakur & Mishra : International Business: Concepts And Techniques, Deep & Deep Publications
  • Parasram : Export: what, where and how.

E-RESOURCES:

JOURNALS:

  • Journal of International Business Studies
  • AIMS Journal of Management
ACADEMIC YEAR: 
2022-2023
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