GLOBAL BUSINESS ENVIRONMENT (4 SCU)

Learning Outcomes:

Upon successful completion of this course, students are expected to be able to: describe the different challenges business face when firms operate in an international environment; examine the various cultural, political and legal issues that impact international business activity; describe trade and investment theory, foreign exchange and determination of foreign exchange rates, legal aspects, and interaction of business and government; explain theories, policies and factors in international/indonesia perspective, the strategy to encounter risks, challenges and opportunities in international business; develop insight into the management implications of international business strategy and operations.

Topics:

This course is an introduction of globalization. This course aims to build understanding on the economic, political, and legal environment of international business and how firms must adapt their strategies and operations as they internationalize. Risks, challenges and opportunities in international business will be discussed here. This course will focus on the environment in which international business and trade are conducted. Providing a macro view of international business and trade, students will initially discuss the globalization phenomenon in general, focusing on the many political and economic issues surrounding international business and trade. A discussion of the modern global economic system and the important institutions that support the system – within the overall framework of international trade theory, foreign direct investment, economic integration, foreign exchange markets, the international monetary system, and the global capital markets will follow.

Pre-requisite(s): None