Introduction to International Business, Part I
Introduction to a fundamental understanding of the socioeconomic political, cultural, and linguistic environment
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What You Will Learn!
- Articulate a broad understanding of the international business environment.
- Explain practical ways that cultural, political, and economic factors influence doing business abroad.
- Define how the environment and the capabilities of the firm determine the strategic alternatives available to the international executive.
- Identify the critical issues needed to develop firm-specific business strategies.
- Explain ways that cultural, political, and economic factors influence current events in international business
- Appreciate the ethical complexities of international business.
Description
We live in a world of intensifying global relationships, one in which international business has become the key determinant of economic development and prosperity. This course, Introduction to International Business, Part I, introduces students to a fundamental understanding of the socioeconomic, political, cultural, and linguistic environment in which international businesses operate. This course utilizes an inquiry-based approach to understanding country-level relationships in the global business environment. It surveys the global business environment by asking and answering key questions about society, the global economy, cultures, institutions, and languages. The questions we will ask are: 1. What is Globalization? 2. Is Globalization New? 3. How do Political and Social Institutions impact National Economic Development? 4. What is the role of Culture? 5. What are the Gains from Trade? 6. Free Trade, Free-r Trade or Managed Trade? , Part II will look at additional questions including 7. What are Foreign Currencies and how are Exchange Rates Determined? 8. What does the current global business environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate. Lectures are delivered in an engaging manner, which encourages reflection and inquiry. This course is taught at the introductory college level but is open and accessible to learners of all backgrounds.
Who Should Attend!
- Anyone hoping to learn more about the international business environment