It is day one of week one in International Business. Needless to day, there is no ramp-up time on this one. The syllabus says it all:
The International Business Seminar addresses the strategic management of internationally active organizations. A theoretical framework is provided that will enable learners to compare, contrast, and evaluate the differences between domestic-only and internationally active organizations.
Learners will examine and apply concepts pertaining to the globalization of business, the internationalization of a specific organization, and the factors that influence these two outcomes. Learners will learn how to make decisions rooted in the increasingly international context of today's business world.
When we complete the course, we should be able to do the following:Identify the drivers for globalization and explain how the global business environment affects decision-making.
Evaluate a broad variety of country-specific, cultural, and global environmental factors that affect international business operations.
Explain the different ways target countries are selected when expanding international activities.
Explain the critical role that culture plays when making internationally-focused business decisions and negotiations.
Evaluate the effectiveness of international business strategies as implemented by today's multinational organizations.
Design an appropriate international business strategy for a current (or future) product, service, or idea.
Engage research skills to find qualified internationally-focused business information sources.
Determine the extent to which individuals and organizations are prepared for international business activity.
We have a significant reading assignment and an individual assignment due at the end of the week. We’re dealing with some ethical issues of a certain situation outlined in a case study. In looking over the material, I can see this class will be a lot of work, but will be very enlightening. I am glad I picked
International Business as my major. I guess the good part is that it looks as though we only have one group assignment. Working in groups is fun and productive, but at a certain point, it becomes a lot of work. I am glad we’re leaning back toward the majority of the work being done at an individual level.
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