Intro to IB

The study of International Business helps us to recognize the growth of global linkages today and the benefits or pitfalls of the same.Simply put International business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations.
For most of us International business begins and ends with export and import.However there is more to IB than this...(picture abhi baki hai bhai!!)
So let's now take a look at the types of International Business:
1. Export-import trade
2. Foreign direct investment
3. Licensing
4. Franchising
5. Management contracts

With the world shrinking, thanks to forces of globalization,the sectors of IB can stretch across transport, tourism, banking and financial services,advertising, retail, wholesale, construction,manufacturing, mass media and communication, trade,international human resource management and so on.

(I shall stop here today and look forward to the group coming up with actual examples of types of IB).

Welcome to International Business Specialization

This blog is specifically to facilitate my IB splzn students.So welcome on board.First of all, congratulations on choosing international business as your specialization.Trust me it is a very exciting field of study,but the challenge lies in staying abreast of international affairs.

Initially the posts will focus on building your base in the subject. Subsequently we can use this forum to discuss and analyze relevant cases.

However if at any point of time , I find any unwanted comments on this site,I will ensure that the benefits of this discussion forum are blocked to the entire group and the person/s found guilty of committing such offence are taken to task.

So future managers, please interact responsibly.Let us make this a highly inetractive place to learn.

Best Wishes-
Prof.Sukalpa Chakrabarti