Advance International Business

Paper Code: 
IBG 216
Credits: 
3
Contact Hours: 
45.00
Objective: 

To acquaint students with the theory of Foreign Exchange Market and Transactions.

9.00
Unit I: 
Modes of Entry in International Business

International Business Analysis, Types of entry- Exporting, Licensing, Franchising, Contract Manufacturing, Turnkey Contracts and Management Contracts.

9.00
Unit II: 
Foreign Direct Investment (FDI)

Meaning, Factors influencing FDI reasons of FDI, cost & Benefit of FDI, FDI in India.

9.00
Unit III: 
Some Social Issues in IB

Business Ethics, Corporate Social Responsibility (CSR) in Business, Environmental issues & Labour issues.

9.00
Unit IV: 
Multi National Companies (MNC’s)

Definition, concepts, advantages, disadvantages and growth of MNC, Organization structure of MNC.

9.00
Unit V: 
Globalization

Effects and Benefits, Multinational, Global, Transnational companies, Factors favouring globalization & obstacles.

Essential Readings: 

• S.K. Mathur, “ International Trade and Finance”, Shivam Book House, Jaipur.
• Francis Cherunilam “International Economics”, Tata McGraw-Hill Publishing Company Limited, new Delhi

References: 

• Shaprio, A.C: Multinational Financial Management, Prentice Hall of India, New
Delhi.
• V.A Avadhani, ,” International Finance, Theory and Practice”, Himalaya Publishing Company, New Delhi.
• Walter, Ingo: Handbook of International Business, John Wiley and Sons; New York.

Academic Year: