'BUSM' -- Business Management Courses
 
   
 

 
BUSM 51 Course Image

BUSM 51 - Principles of International
                  Business   (3 units)
This course provides an overview of the rapidly changing international business environment, designed to provide a global perspective.  Introduces global viewpoints across the full spectrum of business functions, including, but not limited to:
  • accounting
  • finance
  • human resources
  • management
  • operations
  • production
  • purchasing
  • strategic planning
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    (54 hours lecture;      Degree appropriate)
    Advisory Prerequisite:   BUSO 5 - Business English or eligibility for ENGL 68 - Preparation for College Writing

    Course Measurable Objectives:

    1. List and explain qualifications of international managers, the importance of strategic planning and operational controls, and the differences between business within the domestic context and business in the international context.
    2. Explain the assumptions of trade theory and how major events cause changes in trade and investment patterns.
    3. Analyze how business decisions determine why and what trade takes place, and how government influences trade.
    4. Describe specific government and labor policies and practices in different countries, and how these differences can effect optimum methods of production and the international competitiveness and economics of a country.
    5. Explain how cultural aspects limit a firm's ability to standardize global operations.
    6. Compare and contrast the major forms of operation (non-ownership, joint ventures, foreign direct investment) by which firms tap potentials of international business.
    7. Define the export process including assessment of product exportability, company suitability determining the export mode, financing and logistical considerations of documentation and transportation.
    8. Analyze foreign exchange markets and financial forces and institutions, such as balance of payments and the IMF, and describe their effect on international business practices.
    9. Discuss the major international considerations within each of the marketing functions: product pricing, promotion, and distribution.

    Course Level Student Learning Outcomes:


    Students completing BUSM 51 - Principles of International Business will:
    1. have discovered new knowledge that relate to discipline, technical and human skills, enabling them to be productive members of the community.
    2. have developed a genuine professional interest in topics related to the courses completed that will contribute toward motivation for life-long learning.
    3. have developed the ability to relate material from each course completed to their current and future professional needs, even if these needs fall into a different discipline.
    NOTE:  Every effort is made to ensure the accuracy and timeliness of this information; however, students should consult the college catalog for the most current and accurate information regarding degrees, certificates, or courses.
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