Revised by: Darrel Millard
April 2003
1.0
Course Title: World View: Introduction to International Business
2.0
Catalog Number:
3.0
Semester Hours Credit:
3.0
3.1
Lecture Hours 3.0
3.2
Lab Hours
0
4.0
Course Description: Provides students with an overview of the concepts of
International Business. Students acquire an awareness of the effects of monetary
exchange, geography, Foreign Credit Insurance Corporation, trade duties and
restriction, sociological and political problems and other areas of involvement as
they affect international business.
5.0
Prerequisites: none
6.0
General Course Competencies: Upon completion of this course the student
should be able to:
1. Understand the importance of a global workplace.
2. Explain trade barriers and restrictions.
3. Understand the different banking systems and currencies.
4. Understand how organizations, treaties, cultures, and religions
affect international business.
5. Explain export and import procedures.
7.0
Major Units of Instruction:
Unit 1 The Nature of International Business
Unit 2 The International Environment: Organizations and Monetary
System
Unit 3 Foreign Environment
Unit 4 How Management Deals with Environmental Forces
8.0
Unit Objectives
Unit 1 The Nature of International Business
A. Introduction to International Business
B. International Trade and Foreign Investment
C. Economic Theories on International Trade, Development, and
Investment
MR107T
Unit 2 The International Environment: Organizations and Monetary
Environment
A. International Organizations
B. International Monetary System
C. Balance of Payments
Revised by: Darrel Millard
April 2003
Unit 3 Foreign Environment
A. Financial Forces
B. Economic and Socioeconomic Forces
C. Physical Forces
D. Sociocultural Forces
E. Political Forces
F. Legal Forces
G. Labor Forces
H. Competitive and Distributive Forces
Unit 4 How Management Deals with Environmental Forces
A. Market Assessment and Analysis
B. Marketing Internationally
C. Export and Import Practices and Procedures
D. East-West Relations
E. Production Systems
F. Labor Relations Policies and Management
G. Strategic Planning and Organizational Design
H. Control and Staffing
I. Trends and New Directions
9.0
Course Bibliography: International Business, 3rd Edition, Griffin, Prentice Hall