International Business - Aakashacademy.in

About Course

Introduction to International Business
- Definition and scope of international business
- Importance of international trade
- Historical context and evolution of globalization
Trade Theories and Policies
- Comparative advantage theory
- Absolute advantage theory
- Trade barriers and protectionism
- Free trade agreements and international organizations (e.g., WTO, IMF, World Bank)
Global Market Entry Strategies
- Modes of entry (exporting, licensing, joint ventures, etc.)
- Risk assessment and mitigation strategies
- Market research and entry planning
Cultural Considerations in International Business
- Hofstede’s cultural dimensions theory
- Cross-cultural communication
- Cultural sensitivity and adaptation
International Legal Framework
- International contracts and agreements
- Intellectual property rights protection
- Dispute resolution mechanisms
Managing Multinational Corporations
- Organizational structures of MNCs
- Global supply chain management
- Ethical considerations in global business operations
Emerging Trends in International Business
- Technological advancements and their impact
- Sustainability and corporate social responsibility
- Political and economic risk analysis

Gain a comprehensive understanding of international business theories and practices.
Develop skills in analyzing and addressing challenges in global markets.
Enhance cross-cultural communication and negotiation abilities.
Explore emerging trends shaping the future of international business.
Apply theoretical concepts to real-world scenarios through case studies and simulations.

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