International Management

International Management
PGCBM - XIMB

Faculty-in-charge

Dr. Amar KJR Nayak
amar.pgcbm@ximb.ac.in

OBJECTIVE:

Whether by design or by compelling market forces, businesses today are increasingly becoming part of the world economy. Both for survival and growth, corporations are forced to develop business and corporate strategies to get their share from the world market. These changes in the focus of the corporations make it imperative for every responsible entrepreneur-manager to understand the dynamics of International Business.

International Management is a course designed such that the participants understand some of the key concepts and general practices in International Business, especially from a strategic management perspective. It will explore multiple ideas from leading viewpoints/scholars and analyze several cases around the world in order to examine and understand the strategic issues that govern International Business. The insights drawn from the complexities of global business will help not only the managers in international operations but also those engaged in domestic businesses. The assignment / project work is designed to assist the participants to benchmark their understanding to their global competitors and apply their understanding & learnings of the course in real business situation. The course has been designed around three key key issues, viz., basics of international management, sucessful global business practices, and emerging MNEs in global context.

Participants undertaking this course with commitment will benefit on atleast three aspects:
(a) Understand the complexities and dynamics of domestic business in the growing global competition,
(b) Analyse (based on sound fundamentals) individual business and their reorientation to the process of globalization and
(c) Equip with the strategic framework for internationalization of a firm, especially from a transforming economy.

Course Outline:

	TOPICS
1	History & Evolution of IB
2	Multinational Enterprises
3	International Trade Theories
4	International Business Theories
5	Standardization Strategy - Matsushita Case
6	Entry Strategies - Kommundata, Kavi Vitrum, & Scania Cases
7	MNE Determinants: Article Page 105-126
8	FDI Strategy in Developing Country Context - BAT Case
9	Technology capability
10 & 11	International Production
	Culture & Language issues
	Multinationals from Emerging Economies
12	Summary

Please Note:

Any attachments here are only for the reference of the students registered for this course and it should not be used elsewhere without the permission of the Faculty-in-charge of this course, Dr. Amar KJR Nayak.

REFERENCE BOOKS:

1. Multinationals in India, FDI & Complementation Strategy in a Developing Country Context, Amar KJR Nayak, Palgrave Macmillan, United Kingdom, 2008
http://www.palgrave.com/PRODUCTS/title.aspx?PID=289177 (Reprint of the book for South Asia is now available in India.)

2. International Business, A Strategic Management Approach, Alan M. Rugman, Richard M. Hodgetts, McGraw-Hill, Inc

3. Global & Transnational Business, Strategy & Management, Stonehouse, Hamil, Campbell, & Purdie, John Wiley & Sons, Ltd

4. The Oxford Handbook of International Business, eds. Alan Rugman & Thomas L. Brewer

Some Reading Materials

EVALUATION:

On Term Test: 10 marks
Assignment: Discuss the New Trade Theory in the light of assumptions of Perfect Market Competition and the Reality.
Word limit-300 words, online submission deadline: 22nd October, 2010, 11.59 PM
Submissions can be sent to amar.pgcbm@ximb.ac.in

End Term Test: 50 marks

Term Assignment: 40 marks

(All tests will be open book test. The test will check your ability to integrate concepts, logics and empirical evidences to practical applications. Direct copying from any source or copying from each other will however be heavily penalized to the extent of an 'F' grade.)

TERM ASSIGNMENT:

The last date for submission of the Term Case Assignment is 10th January 2011.
Late submission with penalty of 5 Marks will be accepted upto 30th January, 2011.
Any Submissions after 30th January, (11.59PM), 2011 will not be accepted

A guideline to search and look for facts relating to various management aspects with reference to the internationalization of Indian firms/multinationals is given. Participants in this course are expected to relate these facts to the international business concepts, logics and practices and thereby interpret and develop an understanding on the intricacies of the process of internationalization of a firm from an emerging country. The interview, viz. point 15 indicated in the protocol should be conducted only after most of the data have been collected, viz., point 1-14 and the key concepts of International Business are discussed in the class (sessions 1-5). The guideline/protocol for the Term Assignment is attached below. In case there is more than one participant from a company, a maximum of four (4) participants can jointly submit the term paper on points 1-14. However, each participant has to conduct a separate interview with different senior executives, viz., point no. 15 and submit the same. It may be noted that all group members may not get the same marks for the group assignment. For any revision in the protocol, please refer to this link.

All the best in the process of your Discovery & Learning!