Course Objectives:
Course Outcomes (COs):
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
CO 292: Create understanding of the meaning and related forces of international business. CO 293: Analyzing the international trade theories and understanding the barriers to world trade. CO 294: Learning about the international trade practices and documentation. CO 295: Create the understanding of the international organisation structures. CO 296: Understand the functioning of International Regional Grouping and World Trade Organisation. |
Approach in teaching: Interactive Hours, Discussion, Tutorials, Reading assignments, Demonstration
Learning activities for the students: Self learning assignments, Effective questions, Seminar presentation, Group tasks |
Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects |
International Business: Introduction, Meaning of International Business, International Business Vs International Trade, Domestic Business Vs International Business
Driving and restraining forces of International Business, Different Modes of Entry
International Trade Environment: International Trade Patterns, Trade Theories- Mercantilism, Absolute Advantage, Comparative Advantage, Factor Endowment, Product Life Cycle Theory, New Trade Theory, Porter’s National Competitive Advantage Theory
Barriers to World Trade: Tariffs and Quotas
International Trade Practices and Documentation: Export and Import Procedure, Brief Introduction to Export and Import Documents, Foreign Trade Policy of India
International Organization Structure: Factors affecting decision of Organisation Structure, Types of organization structures in international business, EPRG orientation
International Regional Groupings: European Union (EU), ASEAN, SAARC, NAFTA
World Trade Organization: WTO, GATT, Objectives of WTO, Organsiation Structure of WTO. TRIPs, TRIMs, GATS
1. Cherunilam F., International Business, PHI, New Delhi.
2. Bennett R., International Business, Pearson Education, New Delhi,
3. Varshney R.L. &B. Bhattacharya, International Marketing Management An Indian perspective, S. Chand, New Delhi.
4. Chandran R., International Business, JAICO Publishing House, Mumbai.
5. Aswathappa K., International Business, Tata McGraw Hill, New Delhi.