Examination and analysis of the importance of international trade as it applies to the business sector. Analysis of import, export, trade deficit, balance of trade and balance of payment is explored. The course gives students an understanding of how the cultural, social, political, and economic environment in different countries can affect the international competitive environment and the implications for business strategy.
Most current editions of the following:
Textbooks listed are not necessarily the textbook(s) used in the course.
By Ball, McCulloch, Frantz, Geringer, and Minor (McGraw Hill) Recommended
By Daniels, Radebaugh, and Sullivan (Prentice-Hall) Recommended
By Griffin and Puston (Pearson) Recommended
Review international trade theory.
Examine the influence of the following environments on international business: culture, economics, political, legal, technological, and natural.
Examine the different forms of economic integration.
Develop critical thinking and analytic skills through case analysis.
Define international business and explain how it differs from domestic business.
Identify and explain the different forms of economic integration and describe how each affects international business.
Identify the important worldwide trade organizations.
Describe the primary patterns used by businesses for international expansion.
Explain and analyze the influence of the following environments on international business: culture, economics, political, legal, technological, and natural.
Analyze current issues in international business.
Analyze major international considerations of product, pricing, promotion, branding and distribution.
Critique case studies in international business.
All business administration courses include a written and oral presentation component.
Comparative environmental framework
Theories and institutions: trade and investment
World financial environment
Dynamics of international business-government relations
Operations: overlaying tactical alternatives
Operations: managing business functions internationally
Recommended maximum class size for this course: 15
NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by
the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this
course for Columbia College are expected to facilitate learning pursuant to the course objectives and cover the subjects listed in the topical
outline. However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's
subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.