International Business (BUS-201)
Various: distance learning format
Varies (self-study; self-paced)
Version 1: September 2013 - July 2018. Version 2: August 2018 - Present.
Business and Economics
Number of Credits:
Version 1 and 2: Upon successful completion of the course, students will be able to: identify national differences in politics and culture; illustrate the effects of ethics on international business; explain international trade theory; describe the political economy of international business; outline the effect of foreign direct investment; discuss examples of regional economic integration; demonstrate how the foreign exchange markets work; identify and explain the roles of the international monetary system and global capital markets; show various strategies and organizational structures in international businesses; identify and choose the appropriate entry strategy and necessary strategic alliances given a fact set; lay out the details and differences between exporting, importing, and counter trade; show how global production, outsourcing, and logistics affect the international marketplace; explain how cultural and national differences affect global marketing and Research and Development; and account for international business using various countries as stakeholders.
Version 1 and 2: 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. Emphasis focuses on differences in economies, differing ethical issues facing today’s executives and how politics play a large role in international commerce. Students learn about 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.
Version 1: In the lower division baccalaureate/associate degree category, 3 semester hours in International Business or Business (9/13). Version 2: In the lower division baccalaureate/associate degree category OR in the upper division baccalaureate degree category, 3 semester hours in International Business or Business (8/18 revalidation).