International business is a dynamic force for change in the modem world. Students will examine the opportunities as well as the challenges of conducting business in the global arena. Students will become familiar with the concepts and practices of international business, including cultural, political, economic, and legal aspects. Students will also learn about international business operations, trading partners, and trading blocs.
- Demonstrate an understanding of the concepts, practices and theories in the study of international business including economic, social, cultural, legal and political factors in conducting international business
- Demonstrate an understanding of the basics of economic transactions in international business
- Demonstrate an understanding of business concerns in operating internationally, including production, distribution, marketing and management
- Demonstrate an understanding of the roles and responsibilities of international trading partners, international and global corporations, and international regulatory agencies
Rational for the removal of the BU103 Foundations of Business Pre-requisite: The course has some elements of BU103 and EC101 Macroeconomics applied to an international context. However, the necessary content from these courses is re-introduced/taught as a normal part of the International Business course content. Removing the pre-requisite will allow any student interested in globalization and international business to explore these concepts as a course elective.