Our Lady of Mount Carmel Department of Business Studies Course Name: Course Code: Level: Prerequisite: International Business Fundamentals BBB 4M Grade 12, University/College Prep None Course Overview: This course provides an overview of the importance of international business and trade in the global economy and explores the factors that influence success in international markets. Students will learn about the techniques and strategies associated with marketing, distribution, and managing international business effectively. This course prepares students for postsecondary programs in business, including international business, marketing, and management. Curriculum Strands and Overall Expectations: Business, Trade, and the Economy • demonstrate an understanding of terminology, concepts, and basic business communication practices related to international business; • analyse the impact of international business activity on Canada's economy; • demonstrate an understanding of how international business and economic activities increase the interdependence of nations. The Global Environment for Business • analyse ways in which Canadian businesses have been affected by globalization; • demonstrate an understanding of the factors that influence a country's ability to participate in international business; • assess the effects of current trends in global business activity and economic conditions. Factors Influencing Success in International Markets • analyse the ways in which cultural factors influence international business methods and operations; • assess the ways in which political, economic, and geographic factors influence international business methods and operations; • identify and describe common mistakes made by businesses in international markets; • evaluate the factors currently affecting the international competitiveness of Canadian businesses. Marketing Challenges and Approaches, and Distribution • assess the challenges facing a business that wants to market a product internationally; • compare the approaches taken by various companies to market their products internationally; • demonstrate an understanding of the logistics of, and challenges associated with, distribution to local, national, and international markets. Working in International Markets • analyse the ways in which ethical considerations affect international business decisions; • assess the working environment in international markets; • demonstrate an understanding of the process for crossing international borders as it relates to international business. Assessment and Evaluation: Students will be assessed & evaluated according to the work produced & skills displayed. Methods of providing feedback may include assessing work in process & evaluating completed assignments, quizzes, tests, co-operative learning activities, research, and presentations. Category Weightings Term (70%): Final (30%): Knowledge & Understanding 30% Final Exam 20% Summative Assessment will be administered towards the end of the course and may include any of the following Thinking & Inquiry 20% Culminating Activity 10% items: portfolio of computer work, final project, Communication 20% other culminating activities, and a final examination. Application 30% Achievement Categories: Knowledge/ Understanding Thinking/Inquiry knowledge of facts and terms critical and creative thinking skills (e.g., evaluating business situations; analysing financial data and solving business problems; making decisions) understanding of concepts, principles, and theories understanding of relationships between concepts and ideas inquiry skills (e.g., generating ideas; formulating questions; planning; selecting strategies and resources; analysing, interpreting, and assessing information; forming conclusions) Communication communication of information and ideas (e.g., through writing, visual and oral presentations) use of language, symbols, and visuals communication for different audiences and purposes (e.g., choice of language and style relevant to business environments) Application application of concepts, skills, and procedures in familiar contexts transfer of concepts, skills, and procedures to new contexts use of equipment, materials, and technology application of technology (e.g. choice of tools and software, ethical use) making connections (e.g. between use of various forms of personal experiences and the communication (e.g., memos, subject, between the subjects and letters, reports) the world outside the school Feedback will also be provided for student learning skills. Skills like working independently, team work, organization, work habits and homework, and initiative are assessed independently student achievement and will be conducted through the use of a rubric indicating specific criteria to be achieved to receive each of the following letter grades: E –Excellent G – Good S – Satisfactory N - Needs Improvement Achievement Levels: Level 1: 50 – 59% Limited knowledge and/or success Level 2: 60 – 69% Some knowledge and/or success Level 3: 70 – 79% Considerable knowledge and/or success Level 4: 80 – 100% Thorough understanding & mastery of skills Please refer to your student agenda for the following policies: Evaluation Attendance Uniform Student Textbook: Student: (print name) __________________________ Signature: ____________________________ Parent/Guardian Signature: ___________________________ Date: ____________________________