International Management
Course Description
This course provides an overview of essential skills for the practice of management in an international business context. It covers practical applications of management including: setting a mission and vision for the global business enterprise; developing a global business plan; conducting research in an international environment; understanding the nuances of cultural, legal, political and regulatory differences; and using technology to support global trade. Material is presented in the form of readings, e-lectures, practical applications, and self assessments.
Learning Objectives
After completing this course, students will have covered material included in the management section of the North American Small Business International Trade Educators (NASBITE) Certified Global Business Professional (CGBP) examination, including:
- The management challenge of international trade
- Aspects of the global business planning process
- Factors affecting management of international trade
- Information sources for global business planning
- Sources of assistance for global business planning
- Practical tools for international trade
- The management context of global business
Breadth of Assignments
This course uses a variety of methods to explore Global Business Management including: online reading assignments, online e-lectures, web resources provided to support particularly challenging subject matter, self-assessment quizzes, individual activities ranging from Java and Flash-based interactive exercises to writing assignments and real world examples. The course concludes with a comprehensive multiple choice examination modeled after the NASBITE CGBP examination.
Required Resources
No textbook is required for this course; all required reading material is contained within the course or from external websites. A high-speed internet connection is not required but is recommended.
Topic Areas
Topic 1: Management Challenge of International Trade
- Online reading
Topic 2: Aspects of the Global Business Planning Process
- Components of a mission statement
- Elements of a global business plan
- Basic research concepts and techniques
- General legal liability issues
- Budgeting concepts
- Revenue and expense uncertainties
- Transfer pricing
Topic 3: Factors Affecting Management of International Trade
- Culturally appropriate techniques for international business settings
- Environmental factors affecting international strategies
- Risk: country; commercial; travel and expatriate activities; credit assessment and mitigation
- Legal and regulatory compliance
Topic 4: Information Sources for Global Business Planning
- Data sources for international market data
- Using data sources effectively to determine viability of global ventures
Topic 5: Sources of Assistance for Global Business Planning
- Local, state, federal and global support initiatives that are designed to enable global business ventures and expansion
- Industry, trade, and investment associations
- Government support agencies
Topic 6: Practical Tools for International Trade
- Software tools to support global activities
- Commonly used business and communication technologies
Topic 7: The Management Context of Global Business
- Business ethics
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