Joseph Stephens
Kersten Kelly-Brunner
06/12/25
12P-Summer 2025-Intro to Internat'l Business OLCP
Wild/Wild, International Business: The Challenges of Globalization, 9e [NEW]
6:18pm
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Study Plan Contents
MP Earned
CH 1: Globalization
0/7
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1.1 Identify the types of companies active in international business.
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1.2 Explain globalization and how it affects markets and production.
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1.3 Detail the forces that drive globalization.
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1.4 Outline the debate about globalization's impact on jobs and wages.
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1.5 Summarize the debate about income inequality.
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1.6 Outline the debate about culture, sovereignty, and the environment.
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1.7 Identify how this course will help you to develop skills for your career.
0/1
CH 2: Cross-Cultural Business
0/6
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2.1 Explain culture and the need for cultural knowledge.
0/1
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2.2 Summarize the cultural importance of values and behavior.
0/1
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2.3 Describe the roles of social structure and education in culture.
0/1
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2.4 Outline how the major world religions can influence business.
0/1
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2.5 Explain the importance of personal communication to international business.
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2.6 Describe how firms and culture interact in the global workplace.
0/1
CH 3: Political Economy and Ethics
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MP Earned
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3.1 Describe the key features of each form of political system.
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3.2 Explain how the three types of economic systems differ.
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3.3 Summarize the main elements of each type of legal system.
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3.4 Outline the global legal issues facing international firms.
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3.5 Describe the main issues of global ethics and social responsibility.
0/1
CH 4: Economic Development of Nations
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4.1 Explain economic development and how it is measured.
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4.2 Describe economic transition and its main obstacles.
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4.3 Outline the various sources of political risk.
0/1
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4.4 Explain how companies can manage political risk.
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4.5 Describe China's and Russia's experiences with economic transition.
0/1
CH 5: International Trade Theory
0/7
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5.1 Describe the benefits, volume, and patterns of international trade.
0/1
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5.2 Explain how mercantilism worked and identify its inherent flaws.
0/1
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5.3 Detail the theories of absolute advantage and comparative advantage.
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5.4 Summarize the factor proportions theory of trade.
0/1
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5.5 Explain the international product life cycle theory.
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5.6 Outline the new trade theory and the first-mover advantage.
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5.7 Describe the national competitive advantage theory and the Porter diamond.
0/1
CH 6: Political Economy of Trade
0/4
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6.1 Explain why governments sometimes intervene in trade.
0/1
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6.2 Outline the instruments that governments use to promote trade.
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6.3 Describe the instruments that governments use to restrict trade.
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6.4 Summarize the main features of the global trading system.
0/1
CH 7: Foreign Direct Investment
0/5
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7.1 Describe the worldwide pattern of foreign direct investment (FDI).
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7.2 Summarize each theory that attempts to explain why FDI occurs.
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7.3 Outline the important management issues in the FDI decision.
0/1
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Study Plan Contents
MP Earned
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7.4 Explain why governments intervene in FDI.
0/1
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7.5 Describe the policy instruments governments use to promote and restrict FDI.
0/1
CH 8: Regional Economic Integration
0/4
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8.1 Outline the levels of economic integration and its debate.
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8.2 Describe integration in Europe and its enlargement.
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8.3 Describe integration in the Americas and its prospects.
0/1
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8.4 Summarize integration in Asia and elsewhere.
0/1
CH 9: International Financial Markets
0/5
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9.1 Explain the importance of the international capital market.
0/1
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9.2 Describe the main components of the international capital market.
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9.3 Outline the functions of the foreign exchange market.
0/1
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9.4 Explain the different types of currency quotes and exchange rates.
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9.5 Describe the instruments and institutions of the foreign exchange market.
0/1
CH 10: International Monetary System
0/4
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10.1 Describe the importance of exchange rates to business activities.
0/1
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10.2 Outline the factors that help determine exchange rates.
0/1
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10.3 Explain attempts to construct a system of fixed exchange rates.
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10.4 Describe efforts to create a system of floating exchange rates.
0/1
CH 11: International Strategy and Organization
0/4
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11.1 Explain the company analysis techniques that precede strategy selection.
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11.2 Describe the various strategies that companies use to reach their goals.
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11.3 Outline the key issues behind the selection of organizational structure.
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11.4 Describe various international organizational structures and types of work teams.
0/1
CH 12: Analyzing International Opportunities
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12.1 Explain the importance of examining basic appeal and national factors.
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12.2 Describe how companies measure and select a market or site.
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12.3 Identify the main sources of secondary market research data.
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12.4 Describe common methods used to conduct primary market research.
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Time Spent
Study Plan Contents
MP Earned
CH 13: Selecting and Managing Entry Modes
0/5
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13.1 Describe how companies use exporting, importing, and countertrade.
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13.2 Explain the various methods of export/import financing.
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13.3 Describe the different types of contractual entry modes.
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13.4 Describe the various kinds of investment entry modes.
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13.5 Outline key strategic factors in selecting an entry mode.
0/1
CH 14: Developing and Marketing Products
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14.1 Describe the factors to consider in developing international product strategies.
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14.2 Outline the international promotional strategies and methods available to firms.
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14.3 Explain the factors to consider when designing international distribution strategies.
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14.4 Describe the two main international pricing strategies and factors to consider.
0/1
CH 15: Managing International Operations
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15.1 Describe the elements to consider when formulating production strategies.
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15.2 Outline the issues to consider when acquiring physical resources.
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15.3 Identify the key production matters that concern managers.
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15.4 Explain the potential ways to finance business operations.
0/1
CH 16: Hiring and Managing Employees
0/5
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16.1 Explain the three types of staffing policies that companies use.
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16.2 Describe the key human resource recruitment and selection issues.
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16.3 Summarize the main training and development programs that firms use.
0/1
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16.4 Explain how companies compensate managers and workers.
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16.5 Describe the importance of labor-management relations.
0/1
Total
Time Spent
0/78
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This course (12P-Summer 2025-Intro to Internat'l Business OLCP) is based on Wild/Wild, International Business: The Challenges of Globalization, 9e [NEW]
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