Global Business Fundamentals
Credits: 3
Course Number: 10-138-150
Course Description
10-138-150 GLOBAL BUSINESS FUNDAMENTALS ...review the fundamentals of global business in an effort to understand how the environment, world history, and political systems impact the global trade arena. Discuss trading blocks, including NAFTA, Mercosor, the EC and the WTO, in the context of the global economy.
What will I learn?
- Examine the globalization of business and reasons for conducting global trade
- Determine the effect of governmental policies and economic cooperation on international business
- Evaluate the effects of different cultural environments on international business
- Examine the importance of global resources and capabilities while trading internationally
- Determine effective methods to trade internationally
- Relate foreign direct investment (FDI) to global business planning
- Relate foreign exchange principles to the roles of global business managers
- Apply principles of global and regional integration to international trade
- Evaluate entrepreneurial strategies for entering foreign markets
- Assess the steps necessary for entering foreign markets
- Summarize strategies for international business
- Explore global human resource management and global corporate social responsibility
- Write a global mission statement for a business or firm
- Plan for global business operations using strategic planning processes
- Apply the use of appropriate technology to support global business fundamentals
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