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Lovely Professional University,Punjab

Format For Instruction Plan [for Courses with Lectures and Tutorials ]

Course No. MGT258 Course Title: INTERNATIONAL BUSINESS L: 4 T: 1 P: 0 Cr: 5

Course Planner :- 13468 :: Vishwas Chakranarayan

TextBook

1. 1. Peng, W. Mike, International Business, 1st Indian Ed., South Western Cengage – Learning, 2008

Other Specific Books


2. Hill W L, Charles and Arun Kumar Jain, International Business- Competing in the Global Market place, Tata McGraw
Hill Publishing Company Limited, 6ed, 2009
3. Carbaugh Robert J., International Economics, Thomson South Western, 1st Ed., 2004
4. Sundaram K. Anant, J.Stewart Black, International Business Environment Text and Cases, Prentice Hallof India
5. Joshi,Rakesh Mohan , International Business, Oxford university press,2009
6. ICFAI CMR Global Business Environment Workbook, ICMR March 2005
7. Saleem Shaikh,Business Environment,2nd Edition,Pearson,2009

Other Readings

Sr. No. Jouranls atricles as compulsary readings (specific articles, Complete reference)

8 .K. Kalyanaram. "India's economic growth and market potential: benchmarked against China. " Journal of Indian Business Research 1.1 (2009): 57. ABI/INFORM
Global, ProQuest. Web. 15 Jul. 2010.
9 2. Raj Aggarwal. "Economic development, business strategy, and corporate restructuring in India. " Journal of Indian Business Research 1.1 (2009): 14.
ABI/INFORM Global, ProQuest. Web. 15 Jul. 2010
10 3. Alok Chakrabarti, and Pradip K. Bhaumik. "Internationalization of technology development in India. " Journal of Indian Business Research 1.1 (2009): 26.
ABI/INFORM Global, ProQuest. Web. 15 Jul.
11 4. Bhandari, N.. "WAL-MART IS COMING TO INDIA -THE CASE. " Journal of the International Academy for Case Studies 1 April 2010 ABI/INFORM Global,
ProQuest. Web. 15 Jul. 2010.
12 5. Farasat, S.. "India's Quest for Regional Trade Agreements: Challenges Ahead. " Journal of World Trade 42.3 (2008): 433-460. ABI/INFORM Global, ProQuest.
Web. 15 Jul. 2010.
13 6. Ilan Oshri, Julia Kotlarsky, Joseph W. Rottman, and Leslie L. Willcocks. "Global sourcing: recent trends and issues. " Information Technology & People

14 7. Pradhan, R.. "Trade Openness and Foreign Direct Investment in India: The Globalization Experience. " IUP Journal of Applied Finance 16.3 (2010): 26-43.
ABI/INFORM Global, ProQuest. Web. 15 Jul. 2

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15 8. Singh, S.. "The Indian Response to the Global Financial Crisis. " Seoul Journal of Economics 23.1 (2010): 79-121. ABI/INFORM Global, ProQuest. Web. 15
Jul. 2010
16 9. Suthar, M.. "Understanding Exchange Rate Expectations in India. " IUP Journal of Applied Economics 9.1 (2010): 106-126. ABI/INFORM Global, ProQuest.
Web. 15 Jul. 2010.

Relevant Websites

Sr. No. Web adress (only if relevant to the courses) Salient Features

17 dgftcom.nic.in Official website of Govt.of India, Ministry of Commerce, clearly mentioning


the Foreign Trade Policy and Trade Procedures from 2000 onwards.
18 http://www.customs.gov.in On this URL numbers students can have custom and excise related
information
19 www.wto.org Information about the institution. The WTO is a rules-based, member-
driven organization — all decisions are made by the member governments,
and the rules are the outcome of negotiations among members
20 www.icrier.org/pdf/WP172.pdf Article related to WTO issues and impact on Indian Economy

21 http://www.wto.org/english/res_e/booksp_e/discussion_papers8_e.pd This site contains article pertaining to regional trade agreements

Detailed Plan For Lectures


Pedagogical tool
Chapters/Sections of
Homework to be Demonstration/case
Week No. Lecture No. Topic Textbook/other
Assigned to students study/images/anmation
reference
ctc. planned

Part 1
Week 1 Lecture 1 Introduction to International Business and Global business ->Reference :1,chap -1
->Reference :2,chap -1
->Reference :8,
Lecture 2 Unified Framework of International Business

Lecture 3 Meaning of Globalisation; changing global economy ->Reference :1,chap -1 Case:Global Business
->Reference :2,chap -1 Environment-1

Lecture 4 Global business and Globalisation ->Reference :1,chap -28 & 39 Case:Wipro Ltd :The new
face of global competition

Week 2 Lecture 5 World Trade an overview ->Reference :5,chap -2 HomeWork 1 Allocation

Lecture 6 India'sForeign Trade ->Reference :5,chap -2

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Part 1
Week 2 Lecture 7 Gains from International Trade ->Reference :5,chap -3 Case:Global Business
Enviorment-2

Lecture 8 Balance of payment: Meaning and ->Reference :3,chap -10 Term Paper 1 Allocation
Importance

Week 3 Lecture 9 Balance of payment: Meaning and ->Reference :3,chap -10


Importance
Lecture 10 Formal and Informal Institutions ->Reference :1,chap -2 HomeWork 1
Submission

Lecture 11 Political system, Legal system and ->Reference :1,chap -2 Case:KFC


Economic system
Lecture 12 Culture, Ethics and Norms- ->Reference :1,chap -3 Case :Union Carbide
Classification and challenges

Week 4 Lecture 13 Social system, Religious and Ethical ->Reference :1,chap -3 HomeWork 2 Allocation
system
Part 2
Week 4 Lecture 14 Culture and Workplace ->Reference :2,chap -3 Case:Mcdonalds and
Indian Culture

Lecture 15 Ethical Issues in International Case:Mirred in


Business corruption:Kellog

Lecture 16 Introduction to the theories of ->Reference :2,chap -4


international Trade-Absolute

Week 5 Lecture 17 Comparative advantage theory ->Reference :5,chap -2 Case: North South Trade
and Income Inequality

Lecture 18 Product Life Cycle ->Reference :5,chap -8

Lecture 19 Strategic Trade ->Reference :4,chap -14


->Reference :9,
Lecture 20 National Competitive Advantage ->Reference :2,chap -5

Week 6 Lecture 21 Implications of the theories of ->Reference :2,chap -5


International Trade for managers
Lecture 22 Realities of International Trade ->Reference :1,chap -5

Lecture 23 Tariff Barrier ->Reference :3,chap -4 HomeWork 2


Submission

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Part 2
Week 6 Lecture 24 Tariff barrier and non tarrif barrier ->Reference :3,chap -3 & 4

Week 7 Lecture 25 Non tarrif barrier ->Reference :3,chap -4 & 5

Lecture 26 Trade Deficit vs. Trade Surplus ->Reference :5,chap -3

Lecture 27 Trade Deficit vs. Trade Surplus ->Reference :5,chap -3 Quiz 1

Lecture 28 Foreign Direct Investment: Meaning , ->Reference :2,chap -7


Types, Pattern ->Reference :5,chap -12
->Reference :11,

MID-TERM
Part 3
Week 8 Lecture 29 Theories of International Investment ->Reference :5,chap -12

Lecture 30 Theories of International Investment ->Reference :5,chap -12 HomeWork 3 Allocation Case:FDI in Venezuela

Lecture 31 Realities of FDI ->Reference :1,chap -6

Lecture 32 Foreign exchange markets: ->Reference :2,chap -10


Introduction and Nature ->Reference :3,chap -12

Week 9 Lecture 33 Foreign exchange markets: ->Reference :2,chap -10


Introduction and Nature ->Reference :3,chap -12
Lecture 34 Foreign exchange rates: Theories ->Reference :2,chap -10

Lecture 35 Foreign exchange rates: Theories ->Reference :2,chap -10


->Reference :16,
Lecture 36 Factor behind Foreign Exchange ->Reference :1,chap -7
Rates

Week 10 Lecture 37 Introduction to WTO ->Reference :3,chap -7

Lecture 38 WTO agreement: An overview ->Reference :5,chap -3 HomeWork 3


Submission

Lecture 39 Emerging Issues and WTO ->Reference :5,chap -3

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Part 4
Week 10 Lecture 40 WTO and Developing Countries ->Reference :5,chap -5 HomeWork 4 Allocation WTO and Indian Patent
law

Week 11 Lecture 41 WTO and Developing Countries ->Reference :5,chap -6

Lecture 42 Preferential Treatment Agreements ->Reference :3,chap -8


->Reference :12,
Lecture 43 Preferential Treatment Agreements ->Reference :3,chap -8
->Reference :13,
Lecture 44 Framework of PTA ->Reference :3,chap-8
->Reference :14,chap-8

Week 12 Lecture 45 Growth of Regional Trade ->Reference :5,Chap3


Agreements
Lecture 46 Growth of Regional Trade ->Reference :5,Chap-3
Agreements
Lecture 47 India's participation in PTAs ->Reference :4,Chap -7 Term Paper 1
Submission

Lecture 48 Limitations of PTAs ->Reference :4,Chap7

Week 13 Lecture 49 Multinational Enterprises: Introduction ->Reference :4,Chap-1 & 2 HomeWork 4 Case:Ranbaxy no more
and types Submission than Indian Multinational

Lecture 50 Impact of MNEs on host Economies ->Reference :7,Chap-26 Quiz 2

Lecture 51 Emerging MNEs from developing ->Reference :7,Chap-26


economies
Lecture 52 Emerging MNEs from developing ->Reference :7,Chap-26
economies

Spill Over
Week 14 Lecture 53 Current issues in international
business
Lecture 54 Role of MNCs in developing
economies
Lecture 55 Role of FDI in Indian economy ->Reference :7,Chap-25

Lecture 56 Globalization and India

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Details of homework and case studies plan
Nature of homework
Homework No. Topic of the Homework (group/individuals/field work

Homework 2 Analyze the opportunity for Group


1.India in ASEAN
2.European Union single currency area and boom in European economies
3.Viability of SAARC in current socio political environment

Homework 1 On the basis of export import data from secondary sources , identify 10 major markets for india Group
exports in the last decade and current financial year separately. Compare and comment on the
findings.

Homework 4 Importance of Foreign Direct Investment in Education sector/ Individual


Entertainment/Health/Insurance and power. (any one sector)

Homework 3 Analyse the implication of Doha round of WTO on Indian corporate sector :Sanitary and Individual
Pythosanitary measures and their implications on FMCG sector.
*Normally all the homeworks shall be submitted online but in special courses where homeworks cannot be submited online , the insructor can edit the mode of submission while
entering the IP Details

Scheme for CA:out of 100*


Component Frequency Out of (If any) Marks for each Total Marks

Homework 3 4 15 45

Quiz 2 15 30

Term Paper 1 25 25

Total :- 100

* In ENG courses wherever the total exceeds 100, consider x best out of y components of CA, as explained in teacher's guide available on the UMS

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List of suggested topics for term paper[at least 15] (Student to spend about 15 hrs on any one specified term paper)
Sr. No. Topic
1 1 Industrial Tariffs and the Doha Development agenda
2 2 WTO Rules on Technical Barriers to Trade
3 3 WTO and Indian Pharmaceutical Industry
4 4 Intellectual Property Rights - The New Wealth of Knowledge Economy: An Indian Perspective
5 5 Economic impacts of China’s Accession to World Trade Organization
6 6 Export Quotas and Policy Constraints in the Indian Textile and Garment Industries
7 7 The Shifting Paradigm in Regional Economic Integration: The ASEAN Perspective
8 8 EU-ASEAN FTA: Regional Cooperation for Global Competitiveness
9
9 India's External Sector: Performance and Prospects
10 10 Global Trade and containerization.
11 11 Duty Remission Schemes: Boon or bane
12 12 Role of Patent Cooperation Treaty in International Law
13 13 Global Trade Regulation since 1990
14 14 Rationale of Trade and Investment Policies
15 15 Export Assistance to small and medium enterprise and role of bank in India.

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Plan for Tutorial: (Please do not use these time slots for syllabus coverage)

Tutorial No. Topic Type of pedagogical tool(s) planned


(case analysis,problem solving test,role play,business game etc)

Tutorial 1 Global business and Globalisation Case analysis

Tutorial 2 Home Task-1 Group Discussion

Tutorial 3 India's Foreign Trade Test

Tutorial 4 Balance of payment Problem solving

Tutorial 5 Ethical Issues in International Business Group Discussion

Tutorial 6 Home Task-2 Test

Tutorial 7 Foreign Direct Investment: Meaning , Types, Pattern Case analysis

After Mid-Term
Tutorial 8 Current Issues in WTO Group Discussion

Tutorial 9 Current Issues in Globalisation Group Discussion

Tutorial 10 Home Task-3 Test

Tutorial 11 Preferential Treatment Agreements Prestation

Tutorial 12 Indias participation in PTAs Group Discussion

Tutorial 13 Multinational Enterprises: Introduction and types Presentation

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