International Business – BUSI 604

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 07/28/2020

Course Description

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.

Prerequisites

None

Rationale

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:

  1. Summarize the concept of globalization as it applies to contemporary businesses.
  2. Justify the importance of culture to managers within the international business setting.
  3. Critique the major aspects regarding the political, cultural, and economic environments of international trade.
  4. Assess the various theories of international trade and investment.
  5. Analyze the relationship between global financial markets and monetary systems.
  6. Integrate biblical principles within the field of international business.

Course Assignment

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.

Discussion Board Forums (4)

Discussion boards are collaborative learning experiences. Therefore, the student will complete 4 discussion board forums over the duration of this course. Each discussion board 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.

Worldview Assessment

This assessment is designed as a tool to assess the student’s understanding of a worldview and more specifically a Christian worldview. This assessment is open-book/open-notes, contains 5 multiple-choice and 1 essay question, and does not have a time limit.

Global Business Cultural Analysis

The student will write an academic-oriented research-based paper that has a minimum of 24 pages academic content, in current APA format, and focuses on analyzing the cultural perspectives of doing business in another nation. The paper must include a minimum of 24 valid and reliable academic and/or professional references (i.e., not blogs, Wikipedia, newspapers, etc.).

Tests (2)

The student will complete 2 tests over the duration of this course. Each test will cover the Reading & Study material for the modules/weeks prior to the test. Each test will be open-book/open-notes, contain 75 items, and have a 75-minute time limit.