Quiz

ITB quiz will be on monday, 8th jan. It will be conducted in the college auditorium combined for all three sections together. portion for the quiz is till chapter 16(refer syllabus). 

National Manufacturing Policy(debate to be held in the next ITB class for odd Roll no. e.g-1,3.....55))

The Union Cabinet on Tuesday gave its approval to the long-awaited ambitious National Manufacturing Policy (NMP), which seeks to set up mega industrial zones, create 100 million jobs by 2022 and put India at par with manufacturing powers like China and Japan.

“The NMP seeks to enhance the share of manufacturing in the GDP to 25 per cent within a decade and create 100 million jobs in manufacturing as part of the inclusive growth agenda of the UPA,’’ an elated Commerce and Industry Minister, Anand Sharma said after the Cabinet meeting chaired by Prime Minister, Manmohan Singh.

Ruling out any kind of subsidies for units operating in these manufacturing zones, the newly approved policy states that to encourage the manufacturing sector, the government will provide fiscal incentives to the industry, particularly to the small and medium enterprises (SMEs).

The NMP had faced hiccups in the Cabinet on September 15 when the Labour and Environment Ministries had raised objections to certain clauses being waived pertaining to their Ministries. The Prime Minister later referred the matter to the Group of Ministers (GoM) headed by Agriculture Minister, Sharad Pawar.

Mr. Sharma said the NMP will ensure compliance of labour and environmental laws while introducing procedural simplifications and rationalisation so that the regulatory burden on the industry is reduced. He said the interventions proposed are generally sector neutral, location neutral and technology neutral, except the attempt to incentivise green technology for sustainable development. “No subsidy is proposed for individual units or areas. The basic thrust is to provide an enabling environment for tapping the potential of the private sector and the entrepreneurial skills of the younger population,’’ the Commerce and Industry Minister said.

The major objectives of the NMP are to increase the sectoral share of manufacturing in GDP to at least 25 per cent, create 100 million jobs by 2022 and enhance global competitiveness of the sector. Besides, it focuses on domestic value addition, technological depth and environmental sustainability of growth.

The policy envisages specific interventions broadly in the areas of industrial infrastructure development and improvement of the business environment through rationalisation and simplification of business regulations. Besides, development of appropriate technologies, especially green technologies for sustainable development, and skill development of the younger population are envisaged.

The NMP aims at creating large integrated industrial townships - National Investment and Manufacturing Zones (NIMZs). “The land for these zones will preferably be waste infertile land, which is not suitable for cultivation; not in the vicinity of any ecologically fragile area and with reasonable access to basic resources,’’ Mr. Sharma remarked.

The contribution of the manufacturing sector is just over 16 per cent of India's GDP, currently. With a view to accelerating the growth of the manufacturing sector, Mr. Sharma said that the manufacturing policy proposes to create an enabling environment suitable for the sector to flourish in India.

Source-Business line

Assignment Presentation

Topic1- Theory of Trade and Investment
Group No. 9
Session No-


Topic2- Balance of Payment
Group No. 1
Session No-


Topic3- Financial Market
Group No.6
Session No-


Topic4-International Market Entry
Group No.4
Session No-


Topic5-TRIPS
Group No.2
Session No-


Topic6- GATS
Group No.5
Session No-


Topic7- WTO
Group No. 3
Session No-


Topic8- Global Trade(Goods)
Group No.8
Session No-


Topic9- Global Services
Group No. 10
Session No-


Topic10-Importance of agriculture and commodities and global trade and how it is moving from country to country
Group No.7
Session No-

TERM PAPERS GROUPS

Group 1
Topic : Foreign Exchange market in India 
1.Manoj Singh
2.M. Bhopendro Singh
3.Mahesh Goyal
4.Shalini Sharma
5.Srinivas Rao


Group 2
Topic :
1.Anjana D
2.Pragyna. K.
3.Sirisha BVS
4.Asha.N.
5.Veerendranadh
6.Siva Hanumantha Rao M


Group 3
Topic : Dispute settlement at WTO and NAFTA
1.Bhargava R
2.Mohammad Rahmatullah
3.Siva Kumar G
4.Sudharshan Reddy
5.Narendra DVV


Group 4
Topic :
1.K.Rudhira
2.M.Varsha
3.N.haripriya
4.Ambati Lakshmi Nirmala
5. Chaithanya Kishore


Group 5
Topic : Role of WTO in developing countries
1.Versha Vijay
2.Y. Yeshwanth Reddy
3.I. Vyshnavi
4.Deepak Soni
5.Sudip Ghosh
6.J.N.Sree roopa


Group 6
Topic : Financial Crisis and Its Impact on International  Trade
1.G. Tejaswi
2.K.Sree bhushan
3.Ch.Prasanna
4.P.V.Naveen kumar
5.S.Anand


Group 7
Topic : Liberization, Privatization and Globalization
1.P.phani vinay
2.V.Vikram reddy
3.D.sanjana
4.P.monica
5.M.N.Dilip


Group 8
Topic : TRIPS & GATS
1.Divya Trivedi R
2.Soujanya Kanagala
3.Anusha Boddipati
4.Meghana Vasantham
5.Haripriya CD
6. Anusha Naidu


Group 9
Topic : EU
1.Dinesh Reddy
2.R. L. V. Lakshman
3.Guru Charan Taneeru
4.Monica Y. Turakhia
5.Pallav Goyal


Group 10
Topic : ASEAN
1.K. P. Ashitha
2.Meghna Banerjee
3.T. Deepika
4.Mylavarapu Srikanth
5.N. Sathwik Reddy

ITB- SYLLABUS

                               VIGNANA JYOTHI INSTITUTE OF MANAGEMENT

Post Graduate Diploma in Management (PGDM)

Batch 2010-2012

                                                                              TERM - V                                                                             

Title of Course: International Trade and Business                                                            Credits: 3

Learning Outcomes:

a)    To understand the theories of international trade and investment;

b)    To be aware of the functions and form of the global monetary system;

c)    To understand the strategies and structures of international business

d)    Understand various modes of International Business Entry and the dynamics involved therein.

e)    Understand the changing global business environment in the light of WTO, prolonged

      multilateral negotiations, increasing importance for services.

Abstract of the course:  

The purpose of this course is to provide a basis for understanding the international business environment and a person's place in it. This course aims to develop your understanding the practices required to act internationally and to successfully conduct business with people, business and governments in other countries. This subject will also consider ways in which the major international business theories and behaviors may be adapted to suit their application is  carefully considered when applying the management theory in an international setting.

Session Plan

Session	Topics	Reading Reference
1	Overview of the Course: Scope and Relevance of the course, Interface with other disciplines	--
2	Concepts of  International Trade and International Business and imperatives of IB	Text Book Chapter 1
3	National Trade and Investment Policies: Rationale and Goal, changing Policy Environment, Responses, International Perspective	Text Book Chapter 3
4-7	Theory of Trade and Investment: Absolute Advantage, Comparative Advantage, Factor Proportions, IPLC, New Trade Theory, Competitive Advantage Theory, Theory of Investment, Overarching factors and FDI	Text Book Chapter 5
8-10	Balance of Payments and Financial Markets: BOP as a flow statement, BOP in total, Market of Currencies, Exchange rate terminology and quotations, What is currency worth, Law of one Price, International Money, capital and security markets	Text Book Chapters 6&7
11	Economic Integration: Levels, arguments for and against	Text Book Chapter 8
12-15	International Business Entry and Development:Motivations, Strategies, Standardization vs Adaptation, Pricing, Intermediaries, Import and Export Policies and Proedures	Text Book Chapters 11&13
16-17	Multinational Financial Management: Trade Financing, Foreign Exchange Exposures, Spot and Forward rates, Swaps and Counter trade	Text Book Chapters 16
18-20	WTO- Evolution, Role and Key Functions,-- Dispute Settlement Mechanism	Teaching Material
21-23	TRIPS and GATS-- Impact on business	Teaching Material
24-25	Directions of Trade-existing and futuristic	Teaching Material
26-28	Overview of Global Trade, Services, Agriculture and Commodities	Class Discussions
29	International Negotiations Parameters	Teaching Material
30-32	Term Paper Presentations

Pedagogy: Mix of lectures, Cases, real life situations, Class discussions and video shows

Recommended Text:

1.      International Business, Michael Czinkota, Ronaikken and Moffet, 7^th Edition, Cengage

Reference Books

1.      International Business, Ball and Mcclucoh

2.      International Business, Charles Hill

3.      International Business, Daniel Radebaugh

Journals/Magazines and Papers: Journal of Foreign Trade, IIFT Journals, Vikalpa, HBR

Evaluation:

Mode of Evaluation	Weightage
Quizzes	15% ( Three quizzes of 5 marks each)
Term Paper & Group Presentation	25%(15% for the paper +10 % for Viva)
Article summary	10%
End –Term Examination	50 %
Total	100%

• Quizzes will be conducted during the 8^th session, 16^th session and 30^th session of the course for a duration of 20 minutes each. Quizzes will be conducted only in the written form.
• Term paper to be submitted not later than the 27^th session of the course. The term paper will be a group activity and has to be submitted in 4000- 5000 words which will exclude the diagrams, charts, tables, reference lists, bibliography etc.
• Presentations in any course have to be completed during the 31st and 32^nd sessions only. 
• Summary of the article has to be submitted during the 20^th session of the course.

Evaluation Criteria for the term paper:

The topics are to be given by the subject faculty at the beginning of the course. The paper will be evaluated on the basis of the criteria mentioned below:

• Conceptual clarity
• Self analysis with reasoning and drawing results from various tests
• Ability to relate and draw inferences from various experiences and incidences
• Clear sketch of the paper, and consistent application of the approach throughout
• Relevance of the content( no superfluous or irrelevant information)
• Information source, suitable referencing and bibliography
• Format and language: clear division into sections, page numbering, language etc.
• Student’s original contribution and creativity
• Any plagiarism shall be viewed seriously and the students have to rework.

Attendance: Students are required to have a minimum of 80% attendance in each course during the term. Those who fall short of attendance are not permitted to take the end-term examinations