Describe important differences between international business and domestic business.
Synthesize the concept of globalization.
Define and use key terms relating to international business.
Describe alternative means for a firm to accomplish its international objectives.
Identify basic trade patterns and underlying assumptions of trade theories.
Differentiate the major forms of operations, agreements, and organizational strategies firms may use to meet international objectives.
Discuss how home country, host country, and organizational cultures interact and how small business and the multinational enterprise are influenced by cultural variables.
Explain the economics and politics of international trade and investment.
Compare the functions and form of the global monetary system.
Apply the strategy and structure of international business.
Course Description Introduces international business and the globalization of the economy. The students are introduced to objectives, opportunities and challenges facing those who engage in business in foreign countries. Foreign organizations, cultural dynamics, trade channels, legal environment and political considerations are discussed. *Students will benefit from a foundational knowledge of business principles and practices. Credits: 3