Course Contents

1. International Business and Globalization: What is Globalization? Globalization of Market, Globalization of Production, Drivers of Globalization, Declining Trade and Investment Barriers, The Role of Technological Change 2. The Cultural Environments: Facing Business. 3. The Political and Legal Environments: Facing Business, The Economic Environments. 4. International Trade Theory: Government Influence on Trade, Foreign Direct Investment, Motivations and Risk Dimensions, 5. The Determination of Exchange Rates: Foreign Exchange Markets: Introduction, Functions of Foreign Exchange Market, Currency Conversion, Insuring against Foreign Exchange Risk, Prices and Exchange Rates, Interest Rates and Exchange Rate Investor Psychology and Bandwagon Effects 6. The Impact of the Multinational Enterprise: 7. The Strategy of International Business: Strategy and the Firm, Profiting from Global Expansion Pressures for Cost Reductions and Local Responsiveness, Strategic Choices, 8. The Organization of International Business: Entry Strategy and Strategic Alliances, Exporting, Importing and Counter Trade, Basic Entry Decisions, Entry Modes, Selecting an Entry Mode, Strategic Alliances, Making Alliances Work

Course Synopsis

The mission of this course is to create the most current knowledge of International Business. This course seeks to develop the necessary skills needed for the student seeking her place in the executive world. These include Introduction of International Business and Exchange Risks HRM and Financial Management in International Business and all of which have a major impact on business and HR practice.

Course Learning Outcomes

By the end of this course students should be able to: • Understand the complete and comprehensive practical working of International Business. • Learn the procedure from recruiting to selection with their respective techniques. • Understand the organization reward system, and career development for employee.