1. International Business
Dr.P.Saradhamani, DoMS

2. Definition of Globalization
The broadening set of interdependent relationships among people from different parts of a world that happens to be divided into nations
Dr.P.Saradhamani, DoMS

3. Definition of International Business
All commercial transactions—including sales, investments, and transportation—that take place between two or more countries
Dr.P.Saradhamani, DoMS

4. Factors in Increased Globalization
Increase in and expansion of technology
Liberalization of cross-border trade and resource movements
Development of services that support international business
Growing consumer pressures
Increased global competition
Changing political situations
Expanded cross-national cooperation
Dr.P.Saradhamani, DoMS

5. The Criticisms of Globalization
Threats to national sovereignty
Growth and environmental stress
Growing income inequality
Dr.P.Saradhamani, DoMS

6. Reasons That Firms Engage in International Business
Expanding sales
Acquiring resources
Minimizing risk
Dr.P.Saradhamani, DoMS

7. Modes of Operation in International Business
Merchandise exports and imports
Service exports and imports
Tourism and Transportation
Service Performance
Asset Use
Investments
Dr.P.Saradhamani, DoMS

8. Types of International Organizations
Collaborative arrangements
Strategic Alliance
Multinational Enterprise (MNE)
Dr.P.Saradhamani, DoMS

9. Views on future of international business and globalization
Further globalization is inevitable.
International business will grow primarily along regional rather than global lines.
Forces working against further globalization and international business will slow down both trends.
Dr.P.Saradhamani, DoMS