MBA603 International Business (3 cr.)

This course investigates the international business environment and identifies the measures that a business firm must undertake in order to operate successfully in the global marketplace. An introduction is made to the political economy of international trade and investment along with the global monetary system, where emphasis is placed upon national and cultural differences that shape economic policies and business practices. Ethical issues and conflicts that arise in such a diverse environment are addressed. The strategies and structures are identified that firms must embrace in organizing their operations to effectively compete across different business environments. The proper steps firms must undertake in performing key functions and in conducting business transactions globally are covered.

Upon completion of the course, students are expected to be able to do the following:

1. Deconstruct 21st century economic and business trends in an historic context.
2. Evaluate the impact of global institutions and their actions on the world business environment.
3. Assess the impact of economic integration on global institutions and world business trends.
4. Prepare an organization for the process of internationalization.