About This Course
This course is designed to provide a basic understanding of the International business aspects, which is essential for students in today's highly connected and interdependent global world. The main objective is to prepare students to understand the basic concepts, techniques, terms and conditions of national as well as international business. This course will provide students with the knowledge, skills, and abilities to understand the global economic, political, cultural and social environment within which firms operate. It will examine the strategies and structures of international business and assess the special roles of an international business's various functions. It will also prepare students to formulate and execute strategies, plans, and tactics to succeed in international business ventures..
Learning Objectives
1.
The main objective of this course is to introduce students to the field of international business and prepare them to understand the basic concepts, techniques, terms and conditions of international business.
2.
Three basic areas students should become familiar with: underlying theories of international business, environmental factors affecting international activities, and the management of risks in international business.
3.
Help students identify the role and impact of political, economical, social and cultural variable in international business
4.
Introduce the students to the contemporary issues in international business that illustrates the unique challenges of international business.
5.
Develop verbal and written skills of students in analysing business issues through research, writing, and discussion of current events
Intended Learning Outcomes
At the end of the course, the students should be able to:
1.
Have basic understanding of International business, its challenges and sources of complexity
2.
Understand fundamentals and theories of international trade;
3.
Argue in favor and against the development of global trade.
4.
Understand major current developments in international business
5.
Have basic understanding of Foreign Exchange market,
6.
Grasp complex economic, political and social aspects surrounding international business.
