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International Business (BUS080)

International Business (BUS080)

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Quick Overview

This course is currently closed for new enrollments.

From geography to culture, global business is an exciting topic in the business community today. This course helps students develop the appreciation, knowledge, skills, and abilities needed to live and work in the global marketplace. It takes a global view on business, investigating why and how companies go international and are more interconnected.

Teacher-Led Course (one-time payment)   $425.00

Monthly Fees: Due Today:

Price as configured: $0.00

Details

Course Overview

From geography to culture, global business is an exciting topic in the business community today. This course helps students develop the appreciation, knowledge, skills, and abilities needed to live and work in the global marketplace. It takes a global view on business, investigating why and how companies go international and are more interconnected. The course further provides students a conceptual tool by which to understand how economic, social, cultural, political, and legal factors influence both domestic and cross-border business. Students explore business structures, global entrepreneurship, business management, marketing, and the challenges of managing international organizations. They also cultivate a mindfulness of how history, geography, language, cultural studies, research skills, and continuing education are important in twenty-first-century business activities.


Course Outline

Unit One: Introduction to Global Commerce
Unit Two: International Finance
Unit Three: Regional Integration
Unit Four: Trade Relations
Midterm
Unit Five: International Legal Agreements
Unit Six: Cultural Influences
Unit Seven: Global Organizations
Unit Eight: Global Logistics and Marketing
Final Exam

COURSE OBJECTIVES

  • Describe basic global business activities.
  • Discuss global business dependency and importance.
  • Identify various methods for getting involved in global business.
  • Explain the components of the international business environment.
  • Identify various measures of economic progress and development and describe the position of the United States in global trade.
  • Describe some of the monetary systems around the world.
  • Discuss the exchange rate system between nations.
  • Describe the common European currency.
  • Calculate foreign exchange rates.
  • Understand and discuss global banking strategies.
  • Describe laws and trade barriers that can discourage global business.
  • Explain how political risks can disrupt global business activities.
  • Explain government actions that can encourage global business activities.
  • Identify the different levels of economic integration.
  • Discuss the various arguments for and against economic integration.
  • Understand the organization of the European community and its regional economic integration agreement.
  • Discuss the importance of trade relations.
  • Discuss the main types of trade agreements.
  • Describe the goals and function of the General Agreement on Tariffs and Trade (GATT) and the North American Free Trade Agreement (NAFTA).
  • Understand the nature of competition.
  • Describe the legal systems upon which international law is based.
  • Explain product liability.
  • Understand laws and international trade agreements that protect property rights.
  • Describe when an agreement has all the components of a contract.
  • Understand and discuss the litigation process.
  • Discuss influences of culture on global business activities.
  • Explain the role of sub-cultures.
  • Understand the role of societal influences on culture.
  • Describe how communication affects global business success.
  • Describe various reactions to cultural differences.
  • Describe the advantages and disadvantages of sole proprietorship, partnerships, and corporations.
  • Explain the other forms of business ownership.
  • Describe the activities, characteristics, and concerns of multinational companies.
  • Identify low-risk methods for getting involved in global business.
  • Identify high-risk methods for getting involved in global business.
  • Learn about the elements of the marketing mix.
  • Discuss the steps in the new product development process and the marketing research process.
  • Identify the factors that must be considered by businesses when setting prices.
  • Describe the indirect and direct channels of distribution.
  • Describe the elements of the promotional mix.

Additional Information

Course Length 12 Months
Prerequisites No
Course Materials No
Course Start Date

Courses Taught by a K12 Teacher

Courses with a teacher have designated start dates throughout Fall, Spring, and Summer. Full-year courses last 10 months and semester courses last 4 months. Courses are taught by teachers in K12 International Academy. For details on start dates, click here.

Teacher Assisted Yes, this course is taught by a K12 International Academy teacher. If you are looking for a teacher-supported option with additional flexibility and year-round start dates, click here to learn about the Keystone School, another K12 online private schooling option.
  1. Comprehensive overview
    review by Kristin on 7/17/2016

    This course was one my son looked forward to each day. The workload was not extreme, but the concepts covered many aspects of business that has an international scope. It was a good compliment to some of the economics classes he had taken and provided a lot of real world scenarios to consider.

To use this course, you'll need a computer with an Internet connection.  Some courses require additional free software programs, which you can download from the Internet.

Hardware and Browsers (Minimum Recommendations)

Windows OS

  • CPU: 1.8 GHz or faster processor (or equivalent)

  • RAM: 1GB of RAM

  • Browser: Microsoft Internet Explorer 9.0 or higher, Mozilla Firefox 10.0 versions or higher, Chrome 17.0 or higher

  • At this time our users are encouraged not to upgrade to Windows 10 or Edge (the new browser)

 

Mac OS

  • CPU: PowerPC G4 1 GHz or faster processor; Intel Core Duo 1.83 GHz or faster processor

  • RAM: 1GB of RAM

  • Browser: Firefox 10.0 versions or higher, Chrome 17.0 or higher (Safari is not supported!)

Internet Connections

It is highly recommended that a broadband connection be used instead of dial up.