INTERNATIONAL BUSINESS (4 Credits)
Learning Outcomes:
On successful completion of this course, students will be able to: Explain the basic terms and concepts that are commonly used in the study of international business; Discover the different cultural, political, legal, economic, and society forces in the international environment and their impact on international business; Apply the appropriate cross-national cooperation and agreements, and exchange rates mechanism for ensuring effective control and decision-making in international business; Apply the appropriate evaluation, selection and strategies that a company may implement as it ventures into international business operations; Analyze the various operational or functional issues of international business operations with respect to international organization, and human resource management.
Topics:
- An Overview of International Business and Globalization Chap 1;
- Culture;
- Governmental and Legal System;
- The Economic System and Market Methods;
- Economic Integration and Cooperation;
- Market for Foreign Exchange;
- Ethics and Social Responsibility;
- Strategies for International Business;
- Evaluation of Countries for Operation;
- Modes of Trading Internationally;
- Form and Ownership of Foreign Production;
- The Organization and Governance of Foreign Operation;
- Global Management of Human Resources;
- Trade and Factor Mobility Theory;
- Trade Protectionism;
- Factors That Influence Exchange Rates;
- Global Debt and Equity Markets;
- Global Marketing;
- Global Production and Supply Chains;
- Global Accounting and Financial Management.
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