International Business

Lecture 1
By Danish Malik

Iqra University (Gulshan Campus) 14 Sep. 2012

Lecture Outline
Introduction Danish Malik
Course Structure

Course Outline
International Business Basic Concepts

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Introduction Danish Malik

Education
2003 - BS Electronics GIK Institute, Pakistan

Experience
2002 Siemens, Saudi Arabia

2006 - MBA Hochschule Esslingen, Germany

2011 - PMP Certification Project Management Institute, USA

2003-2005

ICI, Pakistan

2006

Siemens, Germany

SAT II TOEFL TSE IELTS GRE GMAT Urdu, English, Arabic, German & Mandarin

2007-2008

Shell, Germany

2008-2010

Emaar, Saudi Arabia

2010-2012

Kanani, Saudi Arabia

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Introduction Danish Malik

eMail: Folder: Malik.d@iuk.edu.pk Fileserver -> Danish Malik

Timetable: Mon, Tue Wed Thu Fri Class Rep. 10 AM - 6 PM 2 PM 10 PM 10 AM - 6 PM 2 PM - 10 PM Shabbir Bilal (Class 11:45 - 2:45) (Class 6:30 9:30) (Class 3 - 6) (Class 11:45 2:45, 3 - 6)

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

IB Course Structure
Final Exam Mid Term Exam 40% Individual 20%

2-Group Presentations
Group Quizzes

20%
20%

Group

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Presentation Groups
1. 2. 3. 4. 5. 6. 7. 8. 1. 2. 3. 4. 5. 6. 7. 8.

Group-1 Shabbir Bilal Sagheer Ahmed S M Faizan Rohail Ali S Sami Javeria Fawad M Sijeel M Nadeem Group-5 Mehreen Amjad Hassam A Israr Ahmed Javed Bushra Rafiq Shahrukh Faiza Q Nida Rafiq

1. 2. 3. 4. 5. 6. 7. 8. 1. 2. 3. 4. 5. 6. 7. 8.

Group-2 Hina Khan M Zain Rameez A S Komal S Haseeb Ahmed Shaifa S M Azam S Ammara Anwer Group-6 M Daniyal Atif A Ujala R Abish Rabail J Samia Ali Shahtaj F M Zakaraiya

1. 2. 3. 4. 5. 6. 7.

Group-3 1. A Rehman 2. Ifrah Kazmi 3. Hira S 4. Ashfaq A 5. S M Saud 6. Saad Ahmed 7. Ameera M 8. Shahid Group-7 Tariq Mariam M Sadia Malik Hina Jindani Sohail A Ali M S Laraib

1. 2. 3. 4. 5.

Group-4 1. Ammar S 2. Waleed Ahmed 3. Zain Ahmed 4. Shafaq Sharif 5. Mirza Shoiab 6. S Osama 7. Umer S 8. Kaneez Fiza Group-8 M. Shadab Aqeel A Ali Danish Samnani Rabia Saleem Hira Masood

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Project Presentation
Group 1 2 3 4 5 6 7 Presentation-1 Australia France Indonesia South Korea Venezuela Russia Sweden Presentation-2 Automotive Aerospace Mobile phones Computers Software Television Cement

Malaysia

Fertilizer

CCM Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Project Presentation
Presentation-1: Country Analysis from an IB perspective: 1. Trade Data (imports/exports) 2. Tariffs 3. Quotas 4. Transparency Etc. Presentation-2: Business Sector Analysis from an IB perspective: 1. Major producers 2. Major consumers

3. Industry trends
4. Impact of globalization Etc.

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

IB Course Outline
1. International Business: An Overview 2. Cultural Environments Facing Business 3. Political and Legal Environments Facing Business 4. Economic Environment 5. Demographic Environment 6. Competitive Environment 7. International Trade & WTO 8. Government Influence on Trade (Pakistan Import & Export Policy) 9. Regional Economic Integration 10.Foreign Exchange Issues 11.Country Evaluation and Selection
IB Lecture 1 Iqra University (Gulshan) 14 Sep. 2012

IB An Overview

International

Business

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

IB An Overview

INPUTS Raw Material Man & Machine Market demand

Business
Finance Human Resources Laws

OUTPUTS Products Services

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

MBA- 200^5

IB An Overview
1. International HRM / Globalization
Cultural context Global wealth distribution Security situation Food Security (ethanol situation) Globalization

3. International Laws
WTO Global Groups (EU, NAFTA, GCC, OPEC)

Free Trade Zones (FTZs)

Environmental debate Franchising Jurisdiction

2. International Finance

Arbitration
Global logistics

Currency hedge
Money laundering (Swiss banks)

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

The Nature of Culture: The Iceberg Concept

Dipl.-Ing. Martin Hilche

MBA- 2005

PAYING FOR THE EXPATRIATE MANAGER

Hong Kong

Home Salary

Tokyo

London

Taipei

400000 350000 300000 250000 $ 200000 150000 100000 50000 0

Dipl.-Ing. Martin Hilche

MBA- 2005

Singapore

20

40

60

80

100

120

140

160

180

Dipl.-Ing. Martin Hilche

New York = 100; December 2000

Relevant Cost of Living in Selected Cities

MBA- 2005

T on ok g yo K on S g N eo ew u l Yo Lo r nd k B on ei jin P g M aris os co C w C airo a S rac ao a P s au l Li o Is ma ta n Ja bul Jo B kar ha an ta nn gk es ok bu M rg an i la

Culture Shock W Curve

Home Sweet Home New Country
Disappointment Lots to do Adventure Excitement Uncertainty Surprises Fatigue Try New Things Excitement SelfDoubt Why Am I Here? Homesickness Frustration This is a Mistake Insecurities Theyre Wrong Lets Leave Fear Fatigue Take Pictures I Miss Everyone Stress New Life Positive Keep Learning Pause, Rest Joy Competent Understanding Proud Participate Content Strength Its Not That Bad

Sadness
The Unknown

Explore
Settle In

Meet New People

See New Places

Depart Discover Giving Up Theres No Hope

Dipl.-Ing. Martin Hilche

MBA- 2005

Relative Perception
We Dont See Things The Way They ARE

We See Them As WE Are

Dipl.-Ing. Martin Hilche

MBA- 2005

Dipl.-Ing. Martin Hilche

MBA- 2005

Example for Different Meaning

OK Sign

Dipl.-Ing. Martin Hilche

MBA- 2005

IB An Overview
1. International HRM / Globalization
Cultural context Global wealth distribution Security situation Food Security (ethanol situation) Globalization

3. International Laws
WTO Global Groups (EU, NAFTA, GCC, OPEC)

Free Trade Zones (FTZs)

Environmental debate Franchising Jurisdiction

2. International Finance

Arbitration
Global logistics

Currency hedge
Money laundering (Swiss banks)

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012

Questions?

IB Lecture 1

Iqra University (Gulshan) 14 Sep. 2012