BUS 220 - Intro International Business

1. Evaluate international business foundation and the basics
   1. Appraise the historical background and development of international business
   2. Identify the fundamentals of international trade economic factors that govern it
2. Examine global economic systems
   1. Describe the economic problems of supply and demand
   2. List the elements of factors of production
   3. Compare three types of economic systems affecting international trade
3. Evaluate the role of government and cultural influences on global trade
   1. Recognize the differences in cultural influences, communication and value systems of global business
   2. Discuss the politics and roles governments play in the conduct of international business
   3. Assess multi-dimensional cultural models as a way of understanding the diverse cultures of countries based on their cultural values
4. Analyze the legal framework in global trade
   1. Classify the methods of business ownership, operations of global businesses and identify eight methods for getting involved in international business
   2. Examine differences in international legal systems and liability, explain property and contract laws, and mechanisms in resolving legal differences
5. Distinguish the mechanics of international trade
   1. Explain the process involved in importing/exporting
   2. Discuss the role of international trade agreements
   3. Examine the role of international finance and mechanisms of foreign exchange including the role of international finance agencies
6. Evaluate the components of an international business plan
   1. Evaluate critical steps in creating and starting an entrepreneurial international business plan
   2. Explain the characteristics of successful managers and how management style varies; understand the cultural differences on a global workforce
   3. Identify and describe three types of global production methods, and operation management
   4. Discuss international marketing mix plans and strategies; identify trends that influence marketing opportunities
   5. Analyze the role of manager working within a personal and contextual diversity framework with global team members to overcome challenges and improve cultural intelligence
7. Explain the foundations of human resource management
   1. Compare four approaches to human resource management
   2. Apply the concepts of equal opportunity, inclusion, gender equality, and diversity management in a globalized workforce
   3. Appraise the recruiting and selection process by boosting team diversity in a global workplace
   4. Identify four areas of training and development for global employees
   5. Explore and identify career planning and opportunities in the international marketplace
   6. Evaluate five sources for career information; five factors that influence the availability of jobs and six ways to prepare for an international career
8. Investigate the role of modern technology in the global workplace
   1. Explain the creation and the challenges of global information systems
   2. Identify three components of a global information system
   3. Examine the role of diversity in technology - bringing more perspectives to a traditionally homogenous industry, as an essential component for businesses to stay relevant to their customers and competitive in the marketplace
9. Explain international distribution and logistics
   1. Discuss global transportation modes, distribution and logistics activities involved in global trade
   2. Contrast direct and indirect channels of distribution
   3. Explain the role played by global intermediaries
   4. Assess the role of logistics in international trade and compare transportation modes available to international distributors