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Introduction to International Business Environment
Globalisation
Drivers of Globalisation
International Trade Theories
Absolute Advantage Theory
Comparative Advantage Theory
Heckscher-Ohlin Theory
Porter Diamond Model
Foreign Direct Investment
Types of Foreign Direct Investment
Multinational Corporations
Entry Modes in International Business
Exporting and Importing
Balance of Payments
Balance of Trade
Foreign Exchange Market
Exchange Rate Systems
International Monetary Fund
World Bank
World Trade Organization
Regional Economic Integration
European Union
BRICS and Global Business
International Marketing Environment
Cultural Environment in International Business
Political Risk in International Business
Legal Environment in International Business
Trade Barriers
Protectionism vs Free Trade
International Business Ethics
Corporate Social Responsibility in Global Business
Global Supply Chain Management
Outsourcing and Offshoring
International Strategic Alliances
Country Risk Analysis
All Important International Business Concepts
Introduction to International Business EnvironmentMeaning, nature, scope and importance of international business environment.
GlobalisationIntegration of economies, markets, trade, technology and culture.
Drivers of GlobalisationForces that accelerate global business integration.
International Trade TheoriesMajor theories explaining why countries trade.
Absolute Advantage TheoryCountries trade when one can produce goods more efficiently.
Comparative Advantage TheoryTrade based on lower opportunity cost.
Heckscher-Ohlin TheoryTrade based on factor endowment differences.
Porter Diamond ModelNational competitive advantage model.
Foreign Direct InvestmentInvestment by a foreign entity with control in another country.
Types of Foreign Direct InvestmentHorizontal, vertical, conglomerate and platform FDI.
Multinational CorporationsCompanies operating in more than one country.
Entry Modes in International BusinessExporting, licensing, franchising, joint venture and FDI.
Exporting and ImportingSelling goods abroad and buying goods from abroad.
Balance of PaymentsRecord of all economic transactions with rest of the world.
Balance of TradeDifference between value of exports and imports of goods.
Foreign Exchange MarketMarket where currencies are bought and sold.
Exchange Rate SystemsFixed, floating and managed exchange rate systems.
International Monetary FundGlobal institution for monetary cooperation and financial stability.
World BankInternational institution for development finance and poverty reduction.
World Trade OrganizationGlobal organisation regulating international trade.
Regional Economic IntegrationCountries cooperate economically through trade agreements and unions.
European UnionAdvanced regional economic and political integration bloc.
BRICS and Global BusinessRole of BRICS economies in global trade and investment.
International Marketing EnvironmentGlobal factors affecting marketing strategy across countries.
Cultural Environment in International BusinessRole of values, beliefs, language and customs in global business.
Political Risk in International BusinessRisk from government actions and political instability.
Legal Environment in International BusinessRules, laws and regulations affecting global business.
Trade BarriersRestrictions imposed on international trade.
Protectionism vs Free TradeComparison of restricted and open trade policies.
International Business EthicsEthical standards in global business operations.
Corporate Social Responsibility in Global BusinessResponsibility of firms towards society and environment worldwide.
Global Supply Chain ManagementManaging sourcing, production and delivery across countries.
Outsourcing and OffshoringUsing external or foreign locations for business activities.
International Strategic AlliancesCooperation between firms across countries for mutual benefit.
Country Risk AnalysisAssessment of political, economic and social risks before international entry.
Practice after revision
Read each concept first, then attempt MCQs and mock tests for better exam performance.
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