4/21/04 Page 1 of 3
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.
