Objectives: The primary objective of this course is to acquaint the students to emerging Global Trends in Business Environment.
Course Contents:
International Business: An Overview - Types of International Business; The External
Environment; The Economic and Political Environment, The Human Cultural
Environment, Influence on Trade and Investment Patterns, Recent World Trade Trend,
Recent Foreign Investment Trend.
Theories and Institutions: Trade and Investment - Government Influence on Trade
Investment, Determination of Trading Partner's Independence, Interdependence and
Dependence; World Financial Environment, Cross National Cooperation and
Agreement, GATT, UNCTAD.
World Financial Environment: Foreign Exchange Market Mechanism; Determinants of Exchange Rates; Euro Currency Markets, Offshore Financial Centers, International
Banks, Non Banking Financial Service Firms, Stock Markets; Financial Derivatives.
Foreign Direct Investment: Aspects of the Economic Environment, Factor Mobility and Direct Investment, Transfer Logistics in the Transnational Corporation, Shifts in
Center of Power
Functional Management, Operations and Concerns Marketing: Market Size Analysis,
Product Policy, Pricing, Promotion, Distribution
Finance : Internal sources of Funds, Global Cash Management, Financing International
Trade, Risk Management, Financial aspects of the Investment Decisions.
Multinational Accounting and Tax Functions: Factors Influencing the Development of Accounting, Transaction in Foreign Currency, Translating of Foreign Currency,
Financial Statements; Taxation- Taxation of Foreign source income; Double tax
Treaties. Human Resource Management: Management Qualifications and
Characteristics, Foreign Managerial Transfers, Recruitment and Selection,
Management Training, Labour Market Differences, Collective Bargaining.
Country Evaluation and Selection: Scanning for Alternative, Return on Investment -