An introduction to the field of international business. Topics to be covered include: country differences in political economy and culture; cross-border trade and investment; the global monetary system; global strategy; global market; and product development; global operations management; and global human resources management.
For information regarding prerequisites for this course, please refer to the Academic Course Catalog.
The globalization of business brings new opportunities and threats to governments, firms, and individuals. The challenge is to compete successfully in the global marketplace as it exists today and develops tomorrow. Thus, the prime objective of this course is to equip the student with the knowledge, skills, and attitudes to function in this ever-changing global environment from a Christian worldview.
Measurable Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Examine the process of business globalization.
- Apply the concepts of culture to the international business setting.
- Discuss the political and economic environments of international trade.
- Identify the practical application of international trade and investment theory.
- Analyze the relationship between global financial markets and monetary systems.
- Compare and contrast regional economic integration agreements.
- Evaluate the various methods of global market entry.
- Discuss global operations management.
Textbook Readings and Lecture Presentations
Course Requirements Checklist
After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.
LearnSmart Assignments (11)
Students will access the SmartBook and LearnSmart assignments for each chapter for each module and complete the online interactive, adaptive study questions. This assignment assesses the student’s proficiency and knowledge of the Chapters within the course. LearnSmart assignments are completed in Modules 1 through 8.
Discussion Board Forums (4)
Discussion boards are collaborative learning experiences. Therefore, for Modules/Weeks 1, 3, 5, and 7, the student will be required to post a thread of least 200 words to the appropriate Discussion Board Forum responding to the module/week’s discussion activity, complete with page references and specific documentation. The thread will consist of: a definition of the key term chosen (this does not count in the 200-word minimum requirement), a summary of the article selected, a discussion of how the article relates to the selected chapter key term, and the complete citation in current APA format of each of the 3 articles read (this does not count in the 200-word minimum requirement). Correct use of English and grammar will be required.
Additionally, in Modules/Weeks 2, 4, 6, and 8, the student will be required to post substantive written replies to at least 2 other classmates’ discussion board threads from the previous module/week.
Faith and Integration Forums (4)
The student will participate in 4 Faith and Integration Forums in the discussion board. The student will be writing a thread of 200–250 words integrating his/her faith and the business world. In the following module/week, the student will reply in 100 words to at least 2 classmates’ in an academic and spiritual manner.
The student will complete 4 quizzes consisting of 40 multiple-choice. The quizzes are open-book/open-notes and will have a 60-minute time limit.
The student will complete 2 exams. Each exam will cover information that is taught in the assigned module/week, as well as the previous modules/weeks. Each exam will be open-book/open-notes, contain 94 questions, and have a 140-minute time limit.