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International Business 101: BUSI-154 Course Outline, Lab Reports of International Business

An outline for the international business course (busi-154) offered at raritan valley community college. The course covers the basics of international business, the international environment, managing international businesses, and educational goals. Students will learn about global marketplaces, legal and political forces, international strategic management, and more. Assessment includes written exams, research papers, and oral presentations.

Typology: Lab Reports

Pre 2010

Uploaded on 08/08/2009

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RARITAN VALLEY COMMUNITY COLLEGE
International Business BUSI-154
Course Outline
I. Basic Course Information
A. Date: May 2004
B. Course Prefix and Title: BUSI-154 International Business
C. Sponsoring Department: Business and Public Service
D. Semester Credit Hours: 3
E. Weekly Contact Hours: 3 Lecture 3
Laboratory 0
F. Prerequisites: None
G. Laboratory Fees: None
II. Catalog Description
This course will concentrate on the issues that confront international businesses.
Using a business perspective, issues such as the reasons for trade, managing
international businesses, controlling international businesses, organizational
design and operations management are investigated.
III. Statement of Course Need
Among the most significant business development over past decades have been
the rapid growth of international business and the proliferation of multinational
and global firms. The sheer volume of trade between nations has grown
enormously since WWII. In 1948 world trade was only $51 billion dollars. In
1988, trade rose to $2.627 trillion dollars. The international trade arena continues
to be dominated by the industrialized countries. The growing importance of
foreign market, the explosive growth of both the size and number of U.S. and
foreign multinational concerns make it imperative for managers to know about the
intricacies of doing business abroad. This course will provide an insight into
subjects brought on by intense examination of such areas on the domestic
environment and its effect on global business, the foreign environment and the
difference between values of the same structure and the international
environment, which is the interaction between the domestic and foreign
environmental forces.
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RARITAN VALLEY COMMUNITY COLLEGE

International Business BUSI- Course Outline

I. Basic Course Information

A. Date: May 2004

B. Course Prefix and Title: BUSI-154 International Business

C. Sponsoring Department: Business and Public Service

D. Semester Credit Hours: 3

E. Weekly Contact Hours: 3 Lecture 3 Laboratory 0

F. Prerequisites: None

G. Laboratory Fees: None

II. Catalog Description

This course will concentrate on the issues that confront international businesses. Using a business perspective, issues such as the reasons for trade, managing international businesses, controlling international businesses, organizational design and operations management are investigated.

III. Statement of Course Need

Among the most significant business development over past decades have been the rapid growth of international business and the proliferation of multinational and global firms. The sheer volume of trade between nations has grown enormously since WWII. In 1948 world trade was only $51 billion dollars. In 1988, trade rose to $2.627 trillion dollars. The international trade arena continues to be dominated by the industrialized countries. The growing importance of foreign market, the explosive growth of both the size and number of U.S. and foreign multinational concerns make it imperative for managers to know about the intricacies of doing business abroad. This course will provide an insight into subjects brought on by intense examination of such areas on the domestic environment and its effect on global business, the foreign environment and the difference between values of the same structure and the international environment, which is the interaction between the domestic and foreign environmental forces.

IV. Place of Course in College Curriculum

Required course for the International Business Degree and Certificate Programs Elective

V. Outline of Course Content

A. Introduction to International Business

  1. An Overview
  2. Global Marketplaces and Business Centers
  3. Legal, Technical and Political Forces
  4. The Role of Culture B. International Environment
  5. International Trade and Investment Theory
  6. International Monetary System and the Balance of Payments
  7. Foreign Exchange and International Financial Markets
  8. Formulation of National Trade Policy
  9. International Cooperation among Nations C. Managing International Business
  10. International Strategic Management
  11. International Strategic Alliances
  12. Controlling International Business
  13. Marketing in the International Environment

VI. Educational Goals and Learning Outcomes

Educational goals Students will:

  1. Interpret information regarding international business. (G.E. 1)
  2. Analyze written and oral texts that highlight various points of view. (G.E. 2)
  3. Make informed judgments concerning ethical issues presented in economic theory and actual social problems. (G.E.5)

Learning Outcomes Students will be able to:

  1. Outline the magnitude and directions of international business.
  2. Analyze the difference between the domestic and international contents of business
  3. Analyze the growth, magnitude and trends of foreign direct investment.
  4. Compare the various methods a corporation may use to establish international business.
  5. Examine the various decision-making and managerial methods in current international use.
  6. Analyze the legal and political systems in different regions and how they influence management practices.