The purpose of the course is to prepare managers to compete successfully in the global economy. The rapidly changing economic, political, technological and cultural environments will be studied as a foundation for understanding how to compete in differing environments, utilizing the resources available to the enterprise in managing the various functional areas of business.
For information regarding prerequisites for this course, please refer to the Academic Course Catalog.
Global interdependence among nations of the world is a reality. Trade barriers between nations have fallen, and trade blocs are rapidly forming as world leaders realize that there is more to be gained by collaborating with each other than by remaining economically isolated. Multinational corporations are adopting a major role in this accelerating regional and global economic integration. The management of a company having international operations differs in many important ways from that of a company whose operations are confined to one nation. A major emphasis of this course will be to demonstrate how management activities in a global enterprise differ from those in a purely domestic firm.
Measurable Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Summarize the concept of globalization as it applies to contemporary businesses.
- Justify the importance of culture to managers within the international business setting.
- Critique the major aspects regarding the political, cultural, and economic environments of international trade.
- Assess the various theories of international trade and investment.
- Analyze the relationship between global financial markets and monetary systems.
- Integrate biblical principles within the field of international business.
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 the Course Overview.
Discussions are collaborative learning experiences. Therefore, the student will complete 4 discussions over the duration of this course. Each discussion will consist of 3 parts. In Part 1, the student will reserve a key term to write the thread; in Part 2, the student will review a minimum of 5 recent scholarly articles, choose 1, and write a thread of a minimum of 800 words using the template outlined in the instructions document; and in Part 3, the student will reply to a minimum of 3 other classmates’ threads.
Business Cultural Dimensions Analysis Assignment
You will research and write a paper analyzing the cultural perspectives of doing business in another nation. Your professor will provide a list of approved nations from which you will choose one nation. Your analysis must be a minimum of 10-pages, have 10 citations, and adhere to current APA format.
Hofstede Analysis Comparison between the USA and "…" Assignment
You will conduct a Hofstede Analysis of the nation you selected for the Business Cultural Dimensions Analysis Assignment and compare that with a Hofstede Analysis of the USA. This paper must be a minimum of 10-pages, have 10 citations, and adhere to current APA format.
The student will complete 4 Quizzes over the duration of this course. Each test will cover the Textbook material for the modules prior to the test. Each test will be open-book/open-notes, contain 50 items, and have a 75-minute time limit.