Course Title: International Business Management
Credit hours: 3 Pass Marks: 32+8
Nature of course: Theory (3 Hrs.)
Course Synopsis: Examination and analysis of international business in its historical, theoretical, environmental, and functional dimensions. Topics include the nature and scope of international business; the institutional, socio-cultural, political, legal, ethical, and economic environments; trade, foreign investment, and development; transnational management, including global operations, strategic planning, human resources, marketing, and finance; and international business diplomacy and conflict resolution.
Goal: To develop the student's understanding of international business and the globalization of the economy. Students will learn fundamental concepts and procedures, which will help them analyzing the international opportunities.
Course Content:
Unit 1. Introduction to International Business 4 Hrs.
Unit 2. Global business Environment 7 Hrs.
The cultural environment, The political and legal environment, The economic environment
Unit 3. Global Trade and Investment 8 Hrs.
International trade theory, Government influence on trade, Regional economic integration, Foreign direct investment, International business negotiations and diplomacy
Unit 4. Financial Environment 4 Hrs.
Foreign exchange market, Determination of exchange rates
Unit 5. Choosing Where to Operate 4 Hrs.
Country evaluation and selection, Collaborative strategies, Control strategies
Unit 6. Management of Business Functions 8 Hrs.
Marketing, Export and import strategies, Global manufacturing, Global supply chain management
Unit 7. International Finance, Accounting and Taxation 6 Hrs.
Basic concepts of multinational companies, Multinational finance function, Multinational accounting and tax functions
Unit 8. International Human Resource Management 4 Hrs.
Textbooks:
Daniels, John D., Radebaugh, Lee H. and Sullivan, Daniel P., International Business Environments and Operations, Pearson Education (Singapore), India, 2004 ISBN: 81-297-0411-0
References:
Czinkota, Ronkainen, and Moffett, International Business, 4th Edition, Dryden 1996.
Hill, Charles, International Business: Competing in the Global Marketplace, 3rd Edition, Irwin.
Bennett, Roger, International Business, 2nd Edition, Pearson Education
Sharan, Vyuptakesh, International Business: Concept, Environment and Strategy, Pearson Education
Homework
Assignments: Home works shall be given to the students with emphasis on small cases.
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