COURSE PEDAGOGY: M.Com. (2013-15) Dr.

Shivakumar S*



*MBA (Fin), M.Com., Ph.D.
Principal (I.C.) / Coordinator
SRS First Grade College / PG Centre Tumkur.


1
3.5 INTERNATIONAL BUSINESS
Objectives:
1. To familiarize the students with the concepts, functions and practices of international business.
2. To enable them get global perspective on issues related to business.

Module 1
Nature of International Business (IB). Drivers of IB. IB and domestic business compared. Routes of
globalisation, players in International Business. Evolution of IB. Theories of IB. Mercantalism. Theory of
Absolute Advantage. Theory of Comparative Advantage. National Competitive Advantage. Environment of IB.
Political, legal, technological, cultural, economic factors.

Module 2
International Strategic Management nature, process - scanning global environment - formulation of
strategies - implementation of strategies - evaluation and control. Organizational designs for IB. Factors
affecting designs. Global product design. Global area design. Global functional design. International division
structure.

Module 3
International Human Resource Management (IHRM). IHRM and domestic HRM compared. Scope of
HRM. HR planning. Selection of expatriates. Expat training. Expat remuneration. Expat failures and ways of
avoiding. Repatriation. Employee relations.

International operations Management. Nature -operations management and competitive advantages. Strategic
issues sourcing v/s vertical integration , facilities location, strategic role of foreign plants, international.
logistics , managing technology transfers.

International Financial Management - Nature - compared with serve operations , managing domestic
financial management. Scope - current assets management, managing foreign exchange risks international
taxation, international financing decision, international financial markets international financial investment
decisions.
International financial accounting national differences in accounting attempts to harmonise
differences.

Financing foreign trade Indias foreign trade, balance of trade and balance payments, financing
export trade and import trade.

International Marketing nature compared with domestic marketing. Benefits from international
marketing. Major activities - market assessment, product decisions, promotion decisions, pricing decisions,
distribution decisions.

Module - 4
Integration between countries . levels of integration. Impact of integration. Regional trading blocks, -
EU, NAFTA, Mercosur, APEC, ASEAN, SAARC, Commodity agreements.

GATT, WTO functions , structure, agreements, implications for India . International Strategic
Alliances- Nature - Benefits . Pitfalls, Scope, managing alliances.



COURSE PEDAGOGY: M.Com. (2013-15) Dr.Shivakumar S*



*MBA (Fin), M.Com., Ph.D.
Principal (I.C.) / Coordinator
SRS First Grade College / PG Centre Tumkur.


2
Module 1: Nature of International Business

Sl.No. Date Day Time Topics
01
Nature of International Business (IB).
Drivers of IB. IB and domestic
business compared. Routes of
globalisation, players in International
Business. Evolution of IB. Theories of
IB. Mercantalism. Theory of Absolute
Advantage. Theory of Comparative
Advantage. National Competitive
Advantage. Environment of IB. Political,
legal, technological, cultural, economic
factors.
02
03
04
05
06
07
08
09
10

Module - 2: International Strategic Management

Sl.No. Date Day Time Topics
01
International Strategic Management
nature, process - scanning global
environment - formulation of
strategies - implementation of
strategies - evaluation and control.
Organizational designs for IB. Factors
affecting designs. Global product
design. Global area design. Global
functional design. International division
structure.

02
03
04
05
06
07
08
09
10

COURSE PEDAGOGY: M.Com. (2013-15) Dr.Shivakumar S*



*MBA (Fin), M.Com., Ph.D.
Principal (I.C.) / Coordinator
SRS First Grade College / PG Centre Tumkur.


3
Module 3: International Human Resource Management (IHRM)
Sl.No. Date Day Time Topics
01
International Human Resource Management
(IHRM). IHRM and domestic HRM compared.
Scope of HRM. HR planning. Selection of
expatriates. Expat training. Expat
remuneration. Expat failures and ways of
avoiding. Repatriation. Employee relations.
02
03
04
05

Module 4: International operations Management
Sl.No. Date Day Time Topics
01
International operations Management. Nature -
operations management and competitive
advantages. Strategic issues sourcing v/s
vertical integration , facilities location,
strategic role of foreign plants, international.
logistics , managing technology transfers.
02
03
04
05

Module 5: International Financial Management
Sl.No. Date Day Time Topics
01
International Financial Management -
Nature - compared with serve
operations , managing domestic financial
management. Scope - current assets
management, managing foreign
exchange risks international taxation,
international financing decision,
international financial markets
international financial investment
decisions.

02
03
04
05
06
07
08
09
10

COURSE PEDAGOGY: M.Com. (2013-15) Dr.Shivakumar S*



*MBA (Fin), M.Com., Ph.D.
Principal (I.C.) / Coordinator
SRS First Grade College / PG Centre Tumkur.


4
Module 6: International financial accounting
Sl.No. Date Day Time Topics
01
International financial accounting
national differences in
accounting attempts to harmonise
differences.
02
03
04
05

Module 7: International Marketing
Sl.No. Date Day Time Topics
01
International Marketing nature
compared with domestic marketing.
Benefits from international marketing.
Major activities - market assessment,
product decisions, promotion decisions,
pricing decisions, distribution decisions.

02
03
04
05







COURSE PEDAGOGY: M.Com. (2013-15) Dr.Shivakumar S*



*MBA (Fin), M.Com., Ph.D.
Principal (I.C.) / Coordinator
SRS First Grade College / PG Centre Tumkur.


5
Module 8: Integration between countries
Sl.No. Date Day Time Topics
01
Integration between countries . levels of
integration. Impact of integration. Regional
trading blocks, - EU, NAFTA, Mercosur,
APEC, ASEAN, SAARC, Commodity
agreements.

GATT, WTO functions , structure,
agreements, implications for India .
International Strategic Alliances- Nature -
Benefits . Pitfalls, Scope, managing
alliances.

02
03
04
05
06
07
08
09
10

Assignments: Two assignments are very compulsory from each module. If
the strength of the module is too high then it may extend up to four assignments.
Seminar: Group and individual kind of seminars are conducting for every module
by students side. After completion of each module all students must do participate
in this event.
Extracurricular activities, events and guest lecturing are also very
compulsory in the semester.
# Note: Weekly work load 04 hours; Total Work load 60 hours;
According to Time Table:



Principal SRSFGC Director SRSFGC