Course description:
This self-study course provides an introduction to International Business and explores pros and cons of economic theories, government policies, business strategies and organizational structures in the global business world, differences in economies, differing ethical issues facing executives and how politics play a large role in international commerce. Major topics include: global trade and investment strategy with particular importance placed on the global monetary system, the strategy and structure of the international business environment while exploring the actual operational practices, managerial implications of each topic on the actual practice of international business, and the opportunities and risks associated with conducting business on a global basis.
3 credits, lower level
Course structure:
Course Syllabus
End of Course Review (approx. 105 slides)
Study Video
Practice Questions
Exam:
40 questions, all multiple choice
2 hours to complete
Closed book
Sample questions:
1) A society that stresses team effort and obedience subscribed to which model?
A. Mercantilism
B. Individualism
C. Collectivism
D. Taoism
2) Which of the following describes a market that it an importance source of funds for international companies?
A. bitcoin
B. Eurocurrencies
C. capital markets
D. all of the above
3) A company is most likely to use foreign direct investment instead of licensing arrangements when…
A. The company wants to maintain control over its operations
B. The company wants to maintain control over its intellectual property
C. The company wants to maintain control over its business strategy
D. all of the above
4)The function of an international capital market is primarily to bring together…
A. buyers and sellers
B. experts and people who need their expertise
C. investors and borrowers
D. governments and private entities
5) Which organization has a mission to lower barriers to trade and investment?
A. WTO
B. UN
C. IMF
D. OECD
Answers:
C 2. C 3. D 4. C 5. A
Back to Business and Economics