Course Learning Outcomes:
Upon successful completion of the course, the learner is expected to be able to:
- Distinguish how domestic business differs from international business on a business, legal and political level.
- Understand international monetary system, exchange rates and economic conditions
- Comprehends trade rules and free trade agreements
- the policies and government dynamics between the two
- Understands imports/exports and the international system of tariffs and duties
- Recongized and develops an awareness of the different governmental and non-governmental bodies involved in international business including: IMF, UN, WTO (and GATT), OECD, NATO, and OPEC.
- Distinguish among strategies used by corporations in the international market on a competitive basis.
- Apply skills learned in the class to real life corporate problems through X-Cultures module
- Apprehend issues involved in entering foreign markets, global production and outsourcing as well as logistics and supply chain issues
- Analyze the ethics involved in cross border transactions and to understand the dynamics with differing legal systems.
- Design the appropriate international growth strategy in a given situation