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Ppt 01 introduction to international businessby Padmini Agrawal on Feb 13, 2011
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international business its
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Ppt 01 introduction to international businessPresentation Transcript
1. Introduction To International BusinessProf. S P DasM. Phil (Economics),
M.B.A. (Finance), M.A. (Economics), MCCP, PGDM, PGDFM, DBM, DHMCT,
B.Com, UGC-SET
2. WHAT IS INTERNATIONAL BUSINESS?Economic TransactionTwo
Countries / Across National Boundaries
3. FeaturesOperating Units Outside the countryInstitutional
ArrangementMassive in ScaleInfluence Political, Social and Economic
Development
4. International Trade TheoriesMercantilsm TheoryTheory of Absolute
Advantage (Adam Smith)Comparative Advantage Theory (David Ricardo)
Factor Proportion TheoryTheory of Country SizeCountry Similarity
TheoryProduct Life Cycle Theory (Vernon)Human Capital ApproachNatural
Resources TheoryEconomies of Large Scale TheoryResearch and
Development Theory
5. Growing ImportanceInterdependenceIntense CompetitionGlobalizationPrice
DifferenceDevelopment in ICT
Rajwinder Kaur
Prem Kumar, visiting faculty,department of finance at Bharati Vidyapeeth’s Institute of Management and
Research
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6. International Business vs Domestic BusinessDifferent Legal
SystemsDifferent Political SystemsDifferent Social EnvironmentDifferent
CurrenciesDifferent Business PracticesDifferent TechnologyWider
MarketHigh Transportation CostHigher Counter Party Risk
7. Environmental Factors of International BusinessPolitical
EnvironmentEconomic EnvironmentSocial and Cultural
EnvironmentTechnological Environment
8. AssignmentsTrace out the Growth of International Business from 1991 till
2009.Explain the Importance of International Business with special reference to
India
9. Reference TextsInternational Business – Dr. P K BandgarInternational
Business – Hills & JainInternational Business – Francis
CherunilamInternational Business – P SubbaraoInternational Business –
ShyamShuklaInternational Business Management – P K SinhaInternational
Business – R Chandran
10. THANK YOU
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