International Business
Course Outline
Course Description
733 International Business
Duration: 1 Term
Prerequisite: Introduction to Business
Even though we have the most dominant economy in the world, the United States represents only 5% of the world’s
population. In a global economy, the importance of understanding foreign markets is increasing at a dramatic pace. In
International Business, students will learn about the cultures and economies of world markets like the European Union,
the Pacific Rim and Asia, Africa, and Central and South American countries. Students are encouraged to join Business
Professionals of America (BPA) or DECA.
Course Outline
UNIT: THE WORLD OF INTERNATIONAL BUSINESS
Objectives
 Explain the role of international business; analyze how it impacts businesses at all levels including role and
impact, geography, career opportunities, travel considerations.
 Describe the interrelatedness of the social, cultural, political, legal, and economic factors that shape and impact
the international business environment including: social and cultural influences, political environment, legal
systems, and economic environment.
Area of Study
 We Live In A Global Economy (Chapter 1)
 Our Global Economy (Chapter 2)
 Cultural Influences On Global Business (Chapter 3)
Project(s)
 Student product use collage.
 Foreign Country Research Project
 Final Project: International Business Plan (Part 1)
UNIT: ORGANIZATION FOR INTERNATIONAL BUSINESS
Objectives
 Identify forms of business ownership and entrepreneurial opportunities available in international business
including: forms of business ownership, entrepreneurial opportunities, international business involvement, and
international business success.
 Relate balance of trade concepts to the import/export process including: importing and exporting, trade barriers
and agreements, and balance of trade.
Area of Study
 Structures Of International Business Organizations (Chapter 5)
 Importing, Exporting, And Trade Relations (Chapter 6)
 Global Entrepreneurship And Small Business Management (Chapter 9)
Project(s)
 Foreign Entrepreneur Research Project
 Final Project: International Business Plan (Part 2)
UNIT: MARKETING IN THE GLOBAL ECONOMY
Objectives
 Apply marketing concepts to international business situations including: foreign markets and consumer behavior,
marketing research, product development, standards and measures, pricing strategies, distribution channels and
intermediaries, transportation and shipping, and promotional activities.
 Apply communication strategies necessary and appropriate for effective and profitable international business
relations including: oral and written communications, nonverbal communications, negotiations, and technology.
Area of Study
 Global Marketing And Consumer Behavior (Chapter 16)
 Developing Goods And Services For Global Markets (Chapter 17)
 Global Pricing And Distribution Strategies (Chapter 18)
 Global Promotional Strategies (Chapter 19)
Project(s)
 Foreign Product Research Project
 Final Project: International Business Plan (Part 3)
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UNIT: GLOBAL FINANCIAL MANAGEMENT
Objectives
 Describe the interrelatedness of the social, cultural, political, legal, and economic factors that shape and impact
the international business environment.
 Explain the concepts, role, and importance of international finance and risk management including: currency and
exchange, financial institutions and trade agreements, payment methods and reporting, and risk management.
 Analyze special challenges in operations and human resource management in international business including:
operations and production, human resources, and strategic management.
Area of Study
 Foreign Exchange And International Finance (Chapter 7)
 Legal Agreements Around The World (Chapter 8)
 Managing International Business Risk (Chapter 21)
Project(s)
 Foreign Currency Research Project
 Foreign Currency Exchange Rate Tracking
 Final Project: International Business Plan (Part 4)
Points Distribution*
GRADING AREA
DESCRIPTION
Daily Work
Business Vocabulary, Current Events, Chapter Worksheets
Transfer your knowledge from the topics discussed in class to authentic projects
rooted in business practice.
Solidify your knowledge by completing end of unit quizzes, tests, and exams
Classroom participation
Projects
Exams
Participation
% OF GRADE
30%
30%
30%
10%
*Point distribution is subject to change without advance notice.
Grading Scale
A
AB+
94-100%
90-93%
87-89%
B
BC+
83-86%
80-82%
77-79%
C
CD+
73-76%
70-72%
67-69%
D
DF
63-66%
60-62%
59% and below
Student Expectations:
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Be on time, prepared, and ready to go!
Listen, Respect, and Participate.
Come to class with a positive attitude!
Turn work in on time.
I-pods are not allowed in class unless the instructor has given permission.
Use the restroom before or after class.
Cell-phones must always be turned off & remain in a backpack, purse or pocket for the duration of class.
Actions and language must always be appropriate to maintain a professional environment. Profanity will not be
tolerated. There is a time and place for everything and a business classroom is not the place to use offensive
language
Attendance:
BE HERE!! I will miss you when you are not here. Students that have good attendance in my classes usually have better
grades and have a better understanding of the information. Besides, I am strict with the tardy policy.
Assignments
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It is expected that homework assignments be completed at the beginning of the hour.
Any work submitted after the beginning of the hour will be considered late.
o Late work will be accepted at 70% of the original value and only for up to 2 days after due.
o Zero credit will be earned thereafter, unless arrangements have been made.
When you are absent, it is your responsibility to obtain class information from another Marketing student, the class
Moodle site or the teacher and review the lesson plan notes.
Work that was assigned prior to your absence is due the day of your return. Ex. Assignment is given on Tuesday, you
are absent on Wednesday, work is still due on Thursday.
Test and quizzes must be made-up before or after school when arranged with teacher. I am available most days but
contact me to make arrangements to stay after school to makeup work or get assistance with work if needed.
-----------------------------------------------------------------------------------(Please cut here. Sign and return)
Your first assignment is as follows. Please go through this syllabus with your parents (read thoroughly) as you will
be held accountable for knowing and following the information above. When you and your parents have read
through the document please sign and have your parent sign as well. Return the signed document to Mr. Kimbler
the following day for 5 points.
I understand the duties and responsibilities connected with the International Business Class and I agree to
follow and abide by the guidelines.
_________________________________
Student Printed Name
_____________________________
Student Signature
_________________
Date
I understand the duties and responsibilities connected with the International Business Class, and I agree to
support my child in adhering to the policies and procedures.
_________________________________
Parent Printed Name
_____________________________
Parent Signature
_________________
Date