Course No: BUS120
Course Title: International Business
An overview of the environment in which international businesses compete, this course introduces the student to the impact of culture and political economy on business decision making, the economics and politics of international trade and investment, the nature of the international monetary system, the strategies and structures that characterize successful international enterprises, and the Special role that each business function plays within a firm operating globally.
At the completion of this course, students will be able to:
- Understand the forces that influence companies and their operations in a global marketplace.
- Explore the essential characteristics of a successful global organization.
- Develop an understanding of major global business problems, with particular emphasis on issues of economic and political risk facing corporations in the management of their international operations.
- Be familiar with ethical issues that occur when conducting international business.
- Assess global business opportunities and competitive challenges from a variety of perspectives.
- Understand how regional and local events may present important challenges and opportunities to multinational corporations.
- Understand the global integration/local responsiveness paradox and be able to make insightful business decisions within that context.
- Assess the usefulness to international companies of different organization and human resource management approaches.
- Assess the issues and concerns that arise from cross-border strategic alliances.
- Understand the perspective of home and host country governments as variables in the operations of the global firm.
- Understand issues of global social responsibility as they apply to the operation of global companies.
- Explain the importance of international trade and foreign direct investment to companies, customers, and societies.
- Explain differences in doing business in global markets versus domestic markets.
- Develop an understanding of the cultural, historical and institutional factors that influence management practices, focusing on key regions.
There are no required readings for this class. Links to articles that students are encouraged to read will be posted on Thinkwave.