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49 Views

Is there any scope of going abroad after doing mba international business

sunkehimabindu2603 12th May, 2021

Hello aspirant !

Working abroad after an MBA is a common choice for many.If a job outside India pays you more then ut is highly beneficial .

But for everything there are some pro's and con' s. Since you want to work outside India, I would suggest you to apply to countries like Australia, New Zealand and Canada as they offer permanent residency after the completion of studies.

Hope it helps.

Good luck.


44 Views

Is accountancy part will be easy in BBA international marketing? bcs i usually get average mark in accounts or else it can i take b com hons or b.com secretary i dont know what to take bcs i usually get average marks in accountancy,but i can able to score good in commerce.

Sohamsengupta8 11th May, 2021

Hello Student

If you are confident about scoring good marks in accountancy then it will be better for you to take BCom Honours in accountancy course in any of the universities as your convenient places. In BBA finance and accounting there is account there is the subject of accountancy and this Accountancy is a subject  is to some extent parallel to the BCom's accountancy subject.

As your confident about scoring good marks in accountancy then it will be our first option to take we come account AC course after 12 class examination. Doing BCom in accountancy honours course is of three years you can n-gen the chartered accountant course or cost accountancy course which will give you a grand   exposure to the job opportunities.

Hope this helps.

153 Views

what is international business

Ruhani 30th Apr, 2021

Hi, hope you’re well!


Here are the details:


What is International Business?

Any business activity that includes the movement of resources, products, services, knowledge, skills, capital, or information across national boundaries is referred to as international business.

These activities could include manufacturing physical products or providing services such as banking, finance, insurance, education, and construction, among others. International transactions are the operations that make up international business and include international exchange, international investment, joint ventures, or strategic alliances.


Main Players:

- Individuals (Through tourism or investments)

- Global Business Operations (MNCs)

- Global Financial Institutions (IMF, World Bank, Central Banks of different countries)

- Governments

Individuals and organisations engage in international business for profit. Governments indulge in international transactions with a service motive.


Primary Motive:

Geographic specialisation is the primary driver of international business. It entails manufacturing and trade that extends beyond a country's borders. Every country has a niche market for unique products and services that it can manufacture at a lower cost. It purchases other products and services from other countries that they (Host) cannot manufacture at a lower cost.

Natural resources vary greatly between countries. Further, labour productivity and production costs vary by country due to a variety of socioeconomic, geographical, and political factors.

Similarly, a business can import products that are cheaper in other countries. It may export items that sell for a higher price in other countries than at home.


How is Globalization different from International Business?

Politics are inextricably linked to international business. Globalization is a business-related political agenda. Globalization aims to integrate economic and financial systems around the world, lowering artificial barriers to goods and service trade.


Global and international business differ in that international trade does not necessitate globalisation. Monopolies, tariffs, government interference, and intellectual property theft all impede the globalised level playing field, but none of these factors prevent foreign trade.


Why do corporations adopt international business?

Higher Profitability: This may be attributed to the fact that foreign countries have higher and lower costs. A product or service may be sold at a higher price in a foreign market than in the domestic market. In international business, the most common explanation for profit advantage is cost reduction.


Better Growth Opportunities: As income and population in developing countries such as India expanding, more and more multinational corporations (MNCs) from developed countries such as the United States, Germany, and Japan establish operations in these countries. Foreign markets also have enormous growth opportunities for developing-country businesses.

As a result, many Indian companies (eg Infosys, TATA, Wipro, Reliance, and others) have opened offices abroad. Some Indian pharmaceutical companies, such as Ranbaxy, have grown faster outside of India than they have at home.


Saturation of Domestic Market: When the domestic market is limited, companies can often want to expand internationally. Companies are often prompted to enter international markets by economic downturns in their home countries.


Economies of Scale: In many industries, technological advancements have increased the optimal size of operations. Companies must seek international markets in addition to the domestic market in order to achieve the optimal scale. Many countries' businesses would be unable to benefit from economies of scale if they do not internalise.


Growing Competition: Until 1991, when the economy was liberalised, Indian companies had little incentive to look for business opportunities abroad. Since 1991, both domestic and international competition has risen significantly. As a result, many Indian companies have made significant inroads into international markets.


Counter-Competition: This strategy entails penetrating a potential foreign competitor's home market in order to weaken its dominant position and secure domestic market share from foreign competition.


Monopoly Power: To take advantage of their market power or dominant role in terms of patent rights, technology, product differentiation, and other resources, companies go global.


Government Policies & Regulations: Government policies can contribute to internationalisation of companies in both positive and negative ways.


Routes for Entry:

Exporting: Selling of goods produced in one’s own country for use or resale in other countries. It may be in the form of Direct, Indirect Exporting or Intra Corporate Transfers.


Licensing: A licence arrangement allows foreign companies to produce an Exporter's product in a particular market for a set period of time, either exclusively or non-exclusively.


Franchising: A firm in one country (the franchiser) authorizes a firm in another country to utilize its operating system as well as brand name, trademarks & logos etc.


Turnkey Projects: A turnkey project refers to a project when clients pay contractors to design & construct new facilities & train personnel. It is a way for a foreign company to export its process & technology.


Joint Venture: A company willing to enter foreign market sets up an enterprise in collaboration with the local firm of the host country. The two firms share the ownership & control of the joint venture.


Outsourcing or Contracting Manufacturing: The company enters into a contract with the firm in the foreign market to manufacture or assemble the product as per its specifications.


Wholly Owned Subsidiaries: The foreign company can establish a wholly owned subsidiary that is recognized under the host country's relevant laws. A foreign firm may also buy an existing company in the host country.


Hope this information helps!


All the best!

68 Views

can I get management quota in christ university for bba finance and international business and what will be fees of it

Bhavesh gupta 30th May, 2021

Hi Adhil,

Hope you are doing great as per the question asked by you no there is no as such management quota in Christ banglore you need to qualify there entrance test and interview process then only you can get into christ university banglore.

Hope you found this answer useful.Stay motivated stay positive.

All the best!


92 Views

how to take or make admission in christ university for bba finance and international business

pdwords Student Expert 28th May, 2021

Hello,

Admission to BBA Finance and International Business in Christ University is done on the scores of entrance test comprising sections such as mathematics, english, reasoning, general knowledge, fundamental accounting, data analysis and interpretation , micro presentation, academic performance & interview , the eligibility criteria is passed 10+2 or its equivalent from a recognized board securing 55% aggregate, those who are appearing in 12th board too are eligible to apply, in case of IB Curriculum a candidate is required to have 3HL & 3SL with 24 credits, for GCE/Edexcel a minimum of 3 A level with a grade not less than C is required, application form is open and the last date to apply for the same is 9th June, if you're interested you can register at http://app.christuniversity.in/, to know more details regarding the entire admission process you can visit at https://christuniversity.in/courses/Bangalore%20Bannerghatta%20Road%20Campus/school-of-business-and-management/business-and--management/bba-(finance-and-international-business)

145 Views

I want to pursue MBA in International Business next year. can anyone help me suggesting which college is better for this course, IIFT or any other college? Thanks in Advance!

Jainshahajal 25th May, 2021

Hello Aspirant,

Hope you are doing well

Top MBA in International Business College in India are :-

  • School of Business, UPES Dehradun - School of Business University of Petroleum and Energy Studies.
  • Christ University, Bangalore.
  • Institute of Management Studies, Banaras Hindu University, Varanasi.
  • UBS Chandigarh - University Business School Panjab University.
  • School of Management, Dr DY Patil University, Navi Mumbai.
  • Chandigarh University (CU)
  • Parul University.
  • MDI Gurgaon - Management Development Institute.
  • Department of Management Sciences, Pune University (PUMBA)
  • Jamia Millia Islamia [JMI]
  • Jaipuria Noida - Jaipuria Institute of Management.

For more Colleges, Here is the link :-

https://bschool.careers360.com/colleges/list-of-mba-in-international-business-colleges-in-india

Hope its help you.

Feel free to ask any query.

All the best for future.

59 Views

I had done bba finance and international business from christ university I can do mcom financial analysis integrated with KPMG international accounting practice at jain university and its fee details

aditya 23rd May, 2021

Hello student

I hope you are doing good

As per your query , I would like to know you that for to be eligible for mcom  in finnanical analysis  you must have passed your graduation from a recognized university with businessmathematics /computer sciene/IT/statistics/computer application as one of your subject in your course for atleast 1 year  and also qualified national level test like KMAT. Now check if you have studied these subjects in your course then your are eligible . Moreove the fees structure for mcoms is 2.4 lakhs for 2 years



Hope you found this answer helpful. Good luck for your future


108 Views

Is Gems B Schools good for getting a BBA in International Business?

Shanu Yadav 14th Apr, 2021

Dear Applicant,

Yes, GEMS B School is good as it has been awarded 41st rank as the most Innovative •Business School in South India at Times Business Awards 2020 organised by Times Of India on 5th October, 2020.

•And also been ranked 14th in A+++ Category.

•6th rank in Academic Excellence.

•ranked 4th in Industry Interface.

•5th rank in Placement.

•And 8th rank in Infrastructure by " What if not IIMS! B School Survey 2020".

The Placement Record:

•Direct Placement for the year 2021 in top companies like Infosys, TCS, HDFC Bank, Accenture, ICICI , Wipro, ITC, Times of India, etc.

•It assures 80% placement.

•The highest salary package is Rs 9 Lakhs  per annum.

•And the average salary package is 7 lakhs per annum.

Hope the information helps to you.

Thankyou.



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