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This book titled ‘International Business Management’ to the students of management and commerce. This book has been carefully designed in line with the revised syllabus introduced under the National Education...

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International Business Management
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This book titled ‘International Business Management’ to the students of management and commerce. This book has been carefully designed in line with the revised syllabus introduced under the National Education Policy-2020 for Second Year graduation students of Savitribai Phule Pune University, Pune, effective from the academic year 2025-26.
This book is also useful to the teachers who would otherwise have to prepare their lecturers from various sources particularly an attempt has been made to use simple and easily understandable language. Topics of the book are logically arranged in numbered paragraphs exactly according to the modified syllabus from 2025.
Really speaking we prefer and refer the standard books and collected new and latest references and information from innumerable good books, journals, bulletins, reports and research articles.

1. Foundations of International Business and Core Concepts of Import-Export...................07
1.1 Introduction to the Meaning, Nature, and Scope of International Business, Domestic vs International Business.
1.2 Understanding Globalization: Meaning, Benefits, Challenges, and Economic Effects.
1.3 International Trade Theories: Comparative Advantage, Heckscher– Ohlin, Product Life Cycle Theory, National Competitive Advantage (Porter’s Diamond).
1.4 Modes of Entry into International Business: Exporting & importing, Licensing & franchising, Joint ventures Wholly-owned subsidiaries and MNCs & global companies.
1.5 International Institutions: their role in promoting trade: WTO, IMF, World Bank and UNCTAD.
1.6 India’s Foreign Trade Overview: India’s major exports & imports, Key trading partners and current trends.

2. Export-Import Process and Regulatory Framework......28
2.1 Introduction to Export-Import: Meaning of export & import Type exporters (manufacturer exporters, merchant exporters) Export–import cycle.
2.2 Export Procedure: Registration (IEC, RCMC), Selection of product & Market Documentation – Invoice, Packing list, Bill of lading/airway bill, Certificate of origin, insurance documents. Role of CHA (Custom House Agent).
2.3 Import Procedure: Import license requirements, Placing an order Bill of entry, Customs clearance, Duty structure (basic understanding)
2.4 Export Payment Methods: Advance payment, Letter of Credit (LC) – simple explanation, Documentary collection (DP/DA), Open account
2.5 Export Incentives in India: Duty Drawback, MEIS/SEIS (or their updated schemes – simple explanation), EPCG, EOU/STPI, Export Promotion Councils.
2.6 Logistics in Export–Import: Freight forwarding: basic idea, Incoterms (EXW, FOB, CIF, etc.) simplified, Warehousing, packing, labelling requirements
2.7 Government Support Agencies: DGFT, FIEO, ECGC (Export Credit Guarantee Corporation), EXIM Bank – role in promoting exports.

References................................................52

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