International Business Management BBA 501 PDF

INTERNATIONAL BUSINESS MANAGEMENT Course Code: BBA 501 Credit Units: 03 Course Objective: To introduce students to the contemporary issues in International Business that illustrate the unique challenges faced by manages in the in...

INTERNATIONAL BUSINESS MANAGEMENT Course Code: BBA 501 Credit Units: 03 Course Objective: To introduce students to the contemporary issues in International Business that illustrate the unique challenges faced by manages in the international business environment. Course Contents: Module I: Introduction to International Business Nature and scope of international business. International business environment. Classical theory of international trade: Absolute cost advantage theory, comparative cost theory, and Modern theory of international trade. Michael Porter model of competitive advantage of nations. Globalization – forces, Meaning, dimensions and stages in Globalization. Contemporary Issues in International Business. Module II: International Business Environment Tariff and non-tariff barriers.General Agreement on Trade and Tariffs (GATT), World Trade Organization. Important Ministerial Conferences & their outcomes. Dispute settlement mechanism under WTO. Regional Integrations, Trade Blocks – nature and levels of integration – arguments for and against regional integration. Module III: Modes of International Entry International Business – Entry modes - Franchising, Exporting, Licensing, International Agents, International Distributors, Cross Border Mergers & Acquisitions, Strategic Alliances, Joint Ventures, Overseas Manufacture and International Sales Subsidiaries, Outsourcing, FDI, FII. Module IV: International Financial Management Introduction to International Financial Management –International Monetary System, exchange rate system (floating and fixed) Financial Markets and Instruments- Introduction to Export and Import Finance – ECGC & EXIM Bank, Methods of payment in International Trade: Letter of Credit, Banker’s Acceptance, Draft. Module V: Forex Exposure Country Risk Analysis – Political, Social and Economic. Types of Forex Exposure: Accounting, Operating & Transaction – their management. An introduction to interest rate exposure Module VI: Foreign Trade Procedure An Introduction to Foreign trade Policy, Foreign trade Policy 2015-20 and its impact on different sectors of the Economy. Documentation Framework: Types, and Characteristics of Document, Export Contract - INCO Terms - Processing of an Export Order. Examination Scheme: Components CT HA/C/V A EE Weightage (%) 15 10 5 70 Text & References: Text:  Charles W L Hill. and Arun Kumar Jain. International Business: competing in the global market place, Mc Graw-Hill, 2007. References:  John D. Daniels Lee H Radebaugh, International Business: Environments and Operations. Addison Wesley, 2007.  Cherulinam, Francis, International Business, 3rd edition, Prentice Hall India