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Lecture Notes

UNIT 1:
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International Business –Definition – Internationalizing business-Advantages
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country attractiveness –
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factors causing globalization of business-
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international business environment
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Protection Vs liberalization of global business environment.
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Political, economic and cultural environment –
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factors causing globalization of business-
UNIT 2:
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the role of GATT/WTO
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global trade and investment –
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Regional trade block
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Promotion of global business
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theories of international trade
UNIT 3:
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Strategic compulsions
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Strategic compulsions
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organizational structures
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Global portfolio management-
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global entry strategy
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different forms of international business – advantages -
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controlling of international business – approaches to control –
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performance evaluation system.
UNIT 4:
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Challenges in product development , pricing,
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Investment decisions – economic- Political risk
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production and channel management
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global supply chain issues – Quality considerations-
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scale of operations- cost of production
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sources of fund- exchange –rate risk and management
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selection of expatriate managers
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selection of expatriate managers
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Globalization of markets, marketing strategy