This course is a part of:
Associate's Degree Program
Bachelor's Degree Program

This course is an introduction to International Business which will explore the pros and cons of economic theories, government policies, business strategies and organizational structures in the global business world. Emphasis will be on differences in economies, the differing ethical issues facing today’s executives and how politics play a large role in international commerce. Students will learn about global trade and investment strategy with particular importance placed on the global monetary system. In addition, the course will explore the strategy and structure of the international business environment while exploring the actual operational practices. Finally, the student will explore the managerial implications of each topic on the actual practice of international business. The course is designed to acquaint students with the opportunities and risks associated with conducting business on a global basis.

Course Objectives

At the completion of this course, the student will have acquired knowledge and understanding of:

• The national differences in politics and culture
• Ethics and its effect on international business
• International trade theory
• The political economy of international trade
• Foreign direct investment
• Regional economic integration
• The foreign exchange market
• The international monetary system and global capital markets
• The strategy and organization of international business
• Entry strategy and strategic alliances
• Exporting, importing and countertrade
• Global production, outsourcing and logistics
• Global marketing and R & D
• Accounting in the international business
• Financial management in the international business