With markets and businesses reaching out to global dimensions, managers are required to have an understanding of the international business operations as well. This course aims to provide the basic information about the various functional and influencing aspects of international business.
International Organization Structure:
Factors affecting decision of Organization Structure, Types of organization, EPRG orientation,
International Marketing:
4Ps for an international organization- Product, Price, Place and Promotion.
International Trade Environment:
World Trading Patterns, Trade Theories- Mercantilism, Absolute Advantage, Comparative Advantage, Factor Endowment, Product Life Cycle Theory.
Barriers to World Trade-Quotas and Tariffs.
International Trade Practices and Documentation:
Export Import procedures and documentation, Study of current Foreign Trade Policy
International Regional Groupings: ASEAN, SAARC, EU, NAFTA WTO: GATT, Objectives of WTO, Functions of WTO, Organization structure, TRIPs, TRIMs and GATS.
Case Studies
Essential Reading:
1. Francis Cherriliunam , International Business, PHI, New Delhi.
2. Roger Bennett, International Business, Pearson Education, New Delhi,
3. R. L. arshney, B. Bhattacharyya, International Marketing Management An Indian perspectie, Sultan Chand & Sons, New Delhi
4. R. Chandran , International Business, JAICO Publishing House, Mumbai.
5. Ajami, Cool, Goddard and Khambata, International Business, PHI, New Delhi.