Global Business
Unit-3 Globalisation
Meaning, Definition and Features
Globalisation is a complex and multifaceted phenomenon that has transformed the way nations, busi...
Advantages and Disadvantages
Globalisation has significantly shaped the world economy, culture, and political landscapes. Belo...
Socio-Cultural, Political & Legal Implications
Globalisation affects nations and societies in numerous ways, shaping socio-cultural norms, polit...
Globalization and India
Globalization has significantly influenced India's socio-economic landscape, ushering in a period...
GATT and WTO
The General Agreement on Tariffs and Trade (GATT) was a foundational treaty instituted to regula...
Unit-4 International Marketing Intelligence
Information Required
Efficient international marketing requires targeted information across several key areas to navig...
Sources of Information
In the realm of international business, the acquisition of accurate and relevant information is c...
International Marketing Information System
The International Marketing Information System (IMIS) is a comprehensive framework designed to su...
International Marketing Research
Marketing research is a systematic and objective process aimed at generating information crucial ...
Unit-5 Introduction to Global Finance
Trade and Balance of Payment
International trade and balance of payments are critical aspects of a nation's economic framework...
Current Items, Capital Items
Current Account The Current Account is a key indicator of an economy's foreign trade where it rec...
Disequilibrium of Balance of Payments and Rectification
The balance of payments (BOP) is a comprehensive record of all transactions between residents of ...
Components of International Financial Systems
The international financial system is a complex web of institutions, market principles, and finan...
FOREX Market
The Foreign Exchange (FOREX or FX) market is a global marketplace for trading national currencies...
Euro Currency Market
The euro (symbol: €; currency code: EUR) is the official currency of 20 out of 27 European Union ...
IMF and International Monetary System
The International Monetary Fund (IMF) is a crucial global institution that works towards sustaina...
Exchange Rate Determination
Exchange rate determination is a fundamental concept in international finance, referring to the p...
Capital Account Convertibility
Capital Account Convertibility refers to the freedom to convert local financial assets into forei...
Unit-7 Export Promotion
Assistance and Incentives to Indian Exporters
1. Market Development Assistance (MDA) Scheme The Market Development Assistance (MDA) Scheme is d...
Role and Functions of DGFT, IIFT, RBI
The Government of India aims to make India a major player in world trade by establishing speciali...
ECGC & EPCs in Promoting International Trade
The ECGC and EPCs actively enhance India's export capabilities and international trade through st...
FDI Trends
What is FDI? Foreign Direct Investment (FDI) is an investment made by an investor from one countr...
Rules and Regulations
Foreign Direct Investment (FDI) in India is regulated by the Foreign Exchange Management Act (FEM...
Unit-6 Export Financing and Documentation
Export Credits
Export credits are financial tools designed to support the export of goods and services from one ...
Method and Sources of Credit
Credit is a critical component of financial systems, enabling individuals and businesses to acces...
Methods of Payments in International Business
In international trade, choosing the right payment method is crucial as it affects the risk and c...
Financing Techniques
Financing techniques vary widely, catering to the specific needs, risk profiles, and financial si...
RBI and EXIM Bank Roles
Export-Import Bank of India (EXIM Bank) Introduction EXIM Bank, operated by the Government of Ind...
Important Trade Terms in International Trade
Understanding the terms of export credit is essential for exporters to manage their financial obl...
Export and Import Procedure
Export Procedure Market Research and Product Selection: Identify target markets and conduct ma...
Document Required Their Relevance
Required Documents 1. Commercial Invoice Meaning: A detailed bill from the exporter to the impo...
Unit-2 Modes of Entering Global Business
Modes of Entry
International business involves trading goods, services, capital, labor, technology, and intellec...
Exporting
Exporting represents the most straightforward and commonly adopted strategy for entering foreign ...
Licensing
International licensing is a strategic approach to market entry where a domestic manufacturer (li...
Franchising
International franchising is a form of licensing where the franchisor grants the franchisee the r...
Contract Manufacturing
Contract Manufacturing (Outsourcing) Contract manufacturing, also known as outsourcing, is a prac...
Management Contracts
Mergers and Acquisitions Mergers and acquisitions (M&A) involve a domestic company merging with o...
Foreign Direct Investment
Foreign Direct Investment (FDI) refers to the investment made by a company or individual in one c...
Comparison of Different Modes of Entry
When companies decide to expand internationally, they can choose from several modes of entry. Eac...
Unit-1 Introduction to Global Business
Evolution of International Business
International business is the process of linking the global resources with global people. Evolu...
Nature of International Business
Accurate Information International business requires not just accurate but also timely informati...
Need & Importance of International Business
International Business (IB) plays a pivotal role in the global economic landscape, offering compa...
Stages of Internationalization
The journey of a company's expansion into international markets can be delineated through five di...
MNCs and India
The footprint of Multinational Corporations (MNCs) in India has been expanding significantly over...
OECD Guidelines for Multinational Enterprises
The OECD Guidelines for Multinational Enterprises are recommendations provided by governments to ...
EPRG Approaches to International Business
The EPRG framework, conceptualized by Wind, Douglas, and Perlmutter, offers a nuanced perspective...
Theories of International Business
The theories of international trade are essential for understanding the mechanisms and principles...
Tariff and Non-tariff Barriers
Governments worldwide implement various trade policies to regulate imports and exports, aiming to...
Political, Economic, Social-Cultural & Technological Environment
Understanding the external environment is crucial for businesses operating on an international sc...