BITS PILANI K K BIRLA GOA CAMPUS

INSTRUCTION DIVISION
SECOND SEMESTER 2012-2013
Course handout (Part-II)

Date: 03/08/2012

In addition to part-I (General Handout for all courses appended to the timetable) this portion
gives further specific details regarding the course.
Course No.
: FIN C 451/ MGTS C 473
Course Title
: INTERNATIONAL BUSINESS
Instructor-in-charge : Dr. R P PRADHAN
Instructor
: R P Pradhan

1. Scope and objective of the course:

International business is an important subject that is being taught in various leading universities
across the world. International economic and business environment, which is constantly
changing, present attractive opportunities for management graduates, to participate in and benefit
from it. The scope of this course is limited to providing the students with a general introduction
to the subject and to arm them with a broad framework for handling real life business situations.
2. Text Book
T.1 Francis Cherunilam, International Business, PHI Publishing, 4th edition,2007.
T.2 Dominick Salvatore, International Economics, John Wiley& Sons, Inc, 8th edition, 2005.
3. Reference Books:
R1. John D. Daniels; Lee H. Radebaugh; Daniel P. Sullivan & Prasant Salwan,
International Business: Environments and Operations 12 th Edition, Pearson, Delhi,
2009.
R2. Justin Paul, International Business, Prentice-Hall of India4th edition, 2005.
R3. H G Mannur, International Economics, Vikas Publishing House, 2nd edition, 1995.
4. Course Plan:
Lecture
No.

1-2

3-6

Learning Objectives
To define international business.
Explain the major motives of
companies
for
engaging
in
international business.
To study the evolution of global
marketing.
International Business
Environment

Topics to be covered

Reference

Introduction to International
Business; Meaning,
Objectives and International
Business Methods & Models.

T. Ch1-2
&
Class Notes

International Business
Operation in political,
economic, cultural and
other Environments.

T. Ch1-2;
R.1
Ch.1-2
Class Notes

7 -10

11-15

16-19

20-22

23-27

28-32

33-36

Mercantilism; Absolute
Advantage &Comparative
Advantage ;Factor
International Trade Theories
Endowment; Leontief
Paradox; IPLC; Country
Similarity and National
Competitive Advantage
Theory
Concepts, significance and
Terms of Trade; Tariff and Non- application of terms of trade.
Tariff Barriers
Import-Export Tariff; Tariff
Structuring, Operation,
Effects & Theories; NonTariff Barriers.
Overview of institutional
Global Trade Protection
Frame work by which trade is &Institutional back ground.
regulated and liberalized.
Uruguay Round, GATT /
WTO & Trade liberalization.
International Monetary System
Regional Trading
Arrangements; IMF
Understanding Foreign Investments; International Trade and
Theoretical Models for International Investment Theories. Factors
Investments.
for Investment; FDIs in India
and by Indians abroad

Foreign Exchange Market.

Price adjustment mechanism
Financial Risk Management

International Export Pricing

Mechanism; Organization of
Overseas Markets.

Export Policy and Institutional

Infrastructure; Export Finance and
Export
Payments;
Exchange
Transactions.
India as an Emerging Market

Balance of Payment; Foreign

Exchange Markets and
Exchange Rates; Exchange
Rate Determination Issues;
Price adjustment mechanism
with flexible and fixed
exchange rate; effect of
exchange rates on domestic
prices;
Financial risk Management
and FEMA

T.Ch.6
R.3 Ch.2-5

R.3.Ch.8-9
R.4.Ch.4

R.1.Ch.2
R.4.Ch16
Class Note

T.1.Ch.6,
R.1.Ch.3&
Class Note

R 4.Ch.10
Class Notes

Factors affecting Pricing;

Pricing
Methods
and
Approaches;
Exporters
Costs, Pricing objectives

R1.Ch.11
Class Notes

Export Policy and

Infrastructure; Export
Finance and Role of Banks;
Export payments; Pricing and
Exchange transactions;
Investments in India & by
Indians abroad.

R.1.Ch.7&17

International Marketing Strategy

37-40

Globalization of International
business

International Market Profile,

Market Selection and Market
Entry Strategy.
Free trade Dynamics in the
globalised era; Trading
Blocs, Regional Groupings
and Intra-Regional Trade;
Free Trade Areas; Common
Markets; Customs Union,
SEZs.

R.1.Ch14

5. Evaluation Scheme:
EC
No.

Evaluation
Component

Test I

Test II

Assignment

Date, Time & Nature of

Venue
Component

Duration

Weightage%

50 min

20

14.09.12/

CB

50 min

20

27.10.12/

CB

02 - 03pm
02 - 03pm

To submitted
by 31.10.11
4
Compre. Exam
3 hours
40
CB
05.12.12.FN
Mid-semester grading: It will be announced normally in the month of Oct. It is done in the same
manner as that of the final grading.
6. Chamber Consultation hours: To be announced in the class.
7. Notices: Notices, if any, will be displayed on Course Management Notice Board only.
-

20

Instructor-in-Charge
FIN C451