International MBA : what and why
Why International Business ?
Expansion
Market segmentation based on geographic segmentation
International markets have more potential than domestic markets
Can reduce operational cost
Scope of International Business is exponentially growing as globalization extends its grip and international expansions, interactions and ties become eminent.
International MBA is not just a specialization , It is more of an extension of MBA and hence specialisations within international MBA is also the same as that in normal MBA
1. Marketing
2.Finance and Investments
3. Global HR
4. Foreign Exchange and market-impacts in account of international events
Need for International Business
1. To achieve higher rate of profits
2. Expanding the production capacity beyond the demand of the domestic country
3. Severe competition in \home country
4. Limited home market
5. Political conditions
6. Availability of technology and managerial competence
7. Cost of manpower, transportation
8. Nearness to raw material
9. Liberalisation, Privatisation and Globalisation (LPG)
10. To increase market share
11. Increase in cross border business is due to falling trade barriers (WTO), decreasing costs in telecommunications and transportation; and freer capital markets
Reasons for Recent International Business Growth
1. Expansion of technology
2. Business is becoming more global because
•Transportation is quicker
•Communications enable control from afar
•Transportation and communications costs are more conducive for international operations
3. Liberalization of cross-border movements
4. Lower Governmental barriers to the movement of goods, services, and resources enable Companies to take better advantage of international opportunities
Problems in International Business
1. Political factors
2. High foreign investments and high cost
3. Exchange instability
4. Entry requirements
5. Tariffs, quota etc.
6. Corruption and bureaucracy
7. Technological policy
Expansion
Market segmentation based on geographic segmentation
International markets have more potential than domestic markets
Can reduce operational cost
Scope of International Business is exponentially growing as globalization extends its grip and international expansions, interactions and ties become eminent.
International MBA is not just a specialization , It is more of an extension of MBA and hence specialisations within international MBA is also the same as that in normal MBA
1. Marketing
2.Finance and Investments
3. Global HR
4. Foreign Exchange and market-impacts in account of international events
Need for International Business
1. To achieve higher rate of profits
2. Expanding the production capacity beyond the demand of the domestic country
3. Severe competition in \home country
4. Limited home market
5. Political conditions
6. Availability of technology and managerial competence
7. Cost of manpower, transportation
8. Nearness to raw material
9. Liberalisation, Privatisation and Globalisation (LPG)
10. To increase market share
11. Increase in cross border business is due to falling trade barriers (WTO), decreasing costs in telecommunications and transportation; and freer capital markets
Reasons for Recent International Business Growth
1. Expansion of technology
2. Business is becoming more global because
•Transportation is quicker
•Communications enable control from afar
•Transportation and communications costs are more conducive for international operations
3. Liberalization of cross-border movements
4. Lower Governmental barriers to the movement of goods, services, and resources enable Companies to take better advantage of international opportunities
Problems in International Business
1. Political factors
2. High foreign investments and high cost
3. Exchange instability
4. Entry requirements
5. Tariffs, quota etc.
6. Corruption and bureaucracy
7. Technological policy
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