Global Business Environment

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

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: 
International Business Environment:

International Business Environment:
Economic Environment, Political & Legal Environment, Socio-cultural Environment, Demographic Environment

Unit II: 
Regional Economic Integration:

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

Unit III: 
Economic Institutions:

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

Unit IV: 
Globalization:

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

Unit V: 
Multinational Corporations:

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: 

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

References: 

1. P. Subba Rao : International Business.
2. Thakur & Mishra : International Business.
3. Parasram : Export: what, where and how

ACADEMIC YEAR: 
2020-2021
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