Jun 18, 2019
BUS 220 - Intro International Business Credits: 3
Lecture Hours: 3
Lab Hours: 0
Practicum Hours: 0
Work Experience: 0
Course Type: Open
The International Business course is designed to help students understand the dynamics of global trade. This course examines the cultural, economic, legal, political, social and technological environment of international business. The course also provides an overview of marketing, management, distribution and job opportunities available for business students.
- Describe international business foundation and the basics.
- Appraise the historical background and development of international business.
- Identify the fundamentals of international trade economic factors that govern it.
- Define global economic systems.
- Describe the economic problems of supply and demand.
- List the elements of factors of production.
- Compare three types of economic systems affecting international trade.
- Discuss the role of government and cultural influences on global trade.
- Recognize the differences in cultural influences, communication and value systems of global business.
- Discuss the politics and roles governments play in the conduct of international business.
- Analyze the legal frame-work in global trade
- Classify the methods of business ownership, operations of global businesses and identify eight methods for getting involved in international business.
- Examine differences in international legal systems and liability, explain property and contract laws, and mechanisms in resolving legal differences.
- Describe the mechanics of international trade.
- Explain the process involved in importing/exporting.
- Discuss the role of international trade agreements.
- Examine the role of international finance and mechanisms of foreign exchange including the role of international finance agencies.
- Write the components of an international business plan.
- Evaluate critical steps in creating and starting an entrepreneurial international business plan.
- Explain the characteristics of successful managers and how management style varies; understand the cultural differences on a global workforce.
- Identify and describe three types of global production methods, and operation management.
- Discuss international marketing mix plans and strategies; identify trends that influence marketing opportunities.
- Explain the foundations of human resource management.
- Compare four approaches to human resource management.
- Determine staffing needs.
- Appraise recruiting and selection process.
- Identify four areas of training and development for global employees.
- Explore and identify career planning and opportunities in the international marketplace.
- Evaluate five sources for career information; five factors that influence the availability of jobs and six ways to prepare for an international career.
- Investigate the role of modern technology in global workplace.
- Explain the creation and the challenges of the global information systems.
- Identify three components of a global information system.
- Explain international distribution and logistics.
- Discuss global transportation modes, distribution and logistics activities involved in global trade.
- Contrast direct and indirect channels of distribution.
- Explain the role played by global intermediaries.
- Assess the role of logistics in international trade and compare transportation modes available to international distributors.
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