This course will enable the students to –
Course Outcomes (COs):
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
---|---|---|---|---|
Course Code |
Course Title |
|||
GBBA 401A |
International Business |
CO 194: Understand the meaning, driving and restraining forces of international business. CO 195: Know the changing dynamics of the international business and the different modes of entry in the international market. CO 196: Analyse the international trade theories and understand the barriers to world trade. CO 197: Learn about the international trade practices and documentation. CO 198: Explore the international organisation structures and understand their functioning. CO 199: Explain the significance of International Regional Grouping and World Trade Organisation. |
Approach in teaching: Interactive Hours, Discussion, Tutorials, Reading assignments
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
International Business: Introduction, Meaning of International Business, Stages of Internationalisation, International Business Vs International Trade, Domestic Business Vs International Business
Competitive Advantage and Problems of International Business, Modes of Entry into International Business
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 Non-tariff (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 decisions of Organisation Structure, Types of organization structures in international business, EPRG orientation
International Regional Groupings: European Union (EU), ASEAN, SAARC, NAFTA
World Trade Organization: Establishment of WTO, Objectives and Functions, Organsiation Structure of WTO; TRIPs, TRIMs, GATS
Essential Readings:
Suggested Readings:
· Chandran R., International Business, JAICO Publishing House, Mumbai.
· Khushpat Jain, Export Import Procedures and Documentation, Himalaya Publishing House
· Aswathappa K., International Business, Tata McGraw Hill, New Delhi.
E-resources:
Journals:
· World Affairs: The Journal of International Business
· The IUP Journal of Business Strategy
· Vision: The Journal of Business Perspective
· Global Business Review
The Caravan: A Journal of Politics and Culture