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International Business & Information Technology Notes for UGC NET Management

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In these notes, all topics of International Business and Information Technology are covered as per the latest syllabus of UGC NET Management. These notes are fully explained and included each and every topic. It also includes the 2nd part of Informational technology for UGC NET Management. The following contents are included in this:

International Business and Information Technology Notes for UGC NET Management

Chapter No
Title
Page No
 
PART-I : INTERNATIONAL BUSINESS
3-57
1.
International Business

·        Scope and importance of international business

·        Globalization and its drivers

·         Modes of entry into international business

4-8
2.
International Trade

·        Theories of international trade

·        Government intervention in international trade

·        Tariff and non-tariff barriers

·         India’s foreign trade policy

9-19
3.
Foreign Direct Investment

·        Foreign direct investment (FDI)

·        Foreign portfolio investment (FPI)

·        Types of FDI

·        Costs and benefits of FDI to home and host countries

·        Trends in FDI

·        India’s FDI policy

20-26
4.
Balance of Payment

·        Balance of payments (BOP)

·        Importance and components of the BOP

27-29
5.
Economic Integration

·       Levels of Regional Economic Integration

·       Trade creation and diversion effects

·       Regional Trade Agreements: European Union (EU), ASEAN, SAARC, NAFTA

30-34
6.
International Economic Integration

·       IMF

·       World Bank

·       UNCTAD

35-37
7.
World Trade Organisation

·        Functions and objectives of WTO

·        Agriculture Agreement

·        GATS

·        TRIPS

·        TRIMS

38-42
8
International Trade Procedures and Documentation and EXIM Policies
43-57
 
PART-II : INFORMATION TECHNOLOGY
58-87
9
Information Technology  –  Use of Computers in Management Applications; MIS, DSS
59-65
10
Artificial Intelligence and Big Data
66-71
11
Data Mining and Warehousing
72-77
12
Knowledge Management – Concepts and Managing Technological Changes
78-87
 
Multiple-choice Question
88-120

International Business

Meaning :

International business consists of transactions that are devised and carried out across national borders to satisfy the objectives of individuals, companies, and organizations. International Business is the process of focusing on the resources of the globe and objectives of the organisations on global business opportunities and threats.

Definition :

In the words of Jack WilsonAll the business transactions (exchange of money) necessary for creating, shipping, and selling goods and services across national boarders is known as international business of international trade or foreign trade’

Robinson Defined International business as, ‘a feild of study and practices that encompases public and private business activity affecting the persons or institutions of more than one naional state, territory or colony’

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