INTERNATIONAL BUSINESS (2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: LO1 – Explain the basic terms and concepts that are commonly used in the study of international business; LO2 – Discover the different cultural, political, legal, economic, and society forces in the international environment and their impact on international business; LO3 – Apply the appropriate cross-national cooperation and agreements, and exchange rates mechanism for ensuring effective control and decision-making in international business; LO4 – Apply the appropriate evaluation, selection and strategies that a company may implement as it ventures into international business operations; LO5 – Analyze the various operational or functional issues of international business operations with respect to international organization, and human resource management.

Topics:

1. An Overview of International Business and Globalization;
2. Culture;
3. Governmental and Legal System;
4. The Economic System and Market Methods;
5. Economic Integration and Cooperation;
6. Market for Foreign Exchange;
7. International Human Resource Management (IHRM);
8. Trade and Factor Mobility Theory;
9. International Trade Operations;
10. The Organization of International Business;
11. Country Evaluation and Selection;
12. Direct Investment and Collaborative Strategies;
13. The Multinational Finance Function.