Course Description
The International Business course is designed to introduce
students to basic business operations surrounding global trade.
Understanding why nations do business with each other, what
cultural features influence business practices, the vital role of
communication, and legal considerations prepare the student
for more successful business exchanges in the future.
Additionally, an overview of marketing, management, and trade
documentation is given and the student gains knowledge of the
career opportunities existing in our world trade environment.
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Core Standards of the Course
Standard 52.1111-01
Students will understand the importance of cultural features when conducting international business.
Objective 52.1111-0101
Understand the importance of acquiring and using a foreign language.
Objective 52.1111-0102
Understand the influence culture has upon the success of international business communications.
Objective 52.1111-0103
Understand the function of education in business.
Objective 52.1111-0104
Understand the function of attitudes, beliefs, and values in business between cultures.
Objective 52.1111-0105
Understand the role of technology in different countries and cultures.
Objective 52.1111-0106
Understand how culture impacts business practices.
Objective 52.1111-0107
Understand the impact of religion on business.
Objective 52.1111-0108
Understand travel and transportation to and within foreign countries.
Standard 52.1111-02
Students will comprehend the role economics plays in the international marketplace.
Objective 52.1111-0201
Understand the elements of a free enterprise system; Protectionism versus Free-Trade.
Objective 52.1111-0202
Understand a capitalistic economic system.
Objective 52.1111-0203
Understand the characteristics of a socialistic economy.
Objective 52.1111-0204
Understand the communist economy.
Objective 52.1111-0205
Understand the basic forces of supply and demand that operate within a market economic system.
Objective 52.1111-0206
Understand the components of an international global economy.
Objective 52.1111-0207
Understand economic factors in international business.
Objective 52.1111-0208
Understand the forces which influence business organizations to import or export.
Objective 52.1111-0209
Understand major economic indicators (e.g., GDP, GNP, trade deficit, etc.).
Objective 52.1111-0210
Understand the function of government in international business.
Objective 52.1111-0211
Understand the currency unit of each of the leading industrial countries.
Objective 52.1111-0212
Understand the importance of exchange rates in international business.
Objective 52.1111-0213
Understand the importance of the balance of payments in international trade.
Objective 52.1111-0214
Understand domestic and foreign investment.
Objective 52.1111-0215
Understand the impact of taxation on international business.
Objective 52.1111-0216
Understand the concepts of expropriation, confiscation, and barriers to trade.
Standard 52.1111-03
Students will realize the importance of international communications when conducting foreign business affairs.
Objective 52.1111-0301
Understand the importance of speaking a foreign language in international business.
Objective 52.1111-0302
Understand modes of communication.
Objective 52.1111-0303
Understand procedures to send telex/fax/internet/email.
Objective 52.1111-0304
Understand nonverbal communication in international business.
Standard 52.1111-04
Students will learn various legal considerations when conducting international business.
Objective 52.1111-0401
Understand laws and agreements that regulate imports and exports.
Objective 52.1111-0402
Understand product liability.
Objective 52.1111-0403
Understand intellectual property rights protection.
Objective 52.1111-0404
Understand examples of ethical and legal behavior and practices when conducting business in selected cultures.
Objective 52.1111-0405
Understand foundations of legal systems--civil law, common law, Islamic law, Socialist law.
Standard 52.1111-05
Students will know key aspects of the marketing and promoting of products and services.
Objective 52.1111-0501
Understand marketing principles in the international business arena.
Objective 52.1111-0502
Understand the major channels of distribution for international markets.
Objective 52.1111-0503
Understand the principles for marketing services internationally.
Objective 52.1111-0504
Understand that socioeconomic forces influence the marketing mix.
Objective 52.1111-0505
Understand that laws of foreign countries affect product changes.
Objective 52.1111-0506
Understand that elements of physical forces affect international markets.
Objective 52.1111-0507
Understand the elements of international advertising.
Standard 52.1111-06
Students will interpret international trade documentation.
Objective 52.1111-0601
Understand the importance of export documentation in international trade.
Objective 52.1111-0602
Understand the importance of import documentation in international trade.
Objective 52.1111-0603
Understand the flow of documentation in international trade.
Objective 52.1111-0604
Understand the importance of export licensing.
Objective 52.1111-0605
Understand the importance of import licensing.
Objective 52.1111-0606
Understand the importance of letters of credit.
Objective 52.1111-0607
Understand the use of specific documents in international trade.
Standard 52.1111-07
Students will know basic management principles applying to international business.
Objective 52.1111-0701
Understand the importance of employee recruitment and selection.
Objective 52.1111-0702
Understand the importance of employee training and development.
Objective 52.1111-0703
Understand the uses of different management styles.
Objective 52.1111-0704
Understand the different global business organizational structures, such as multinational corporations.
Objective 52.1111-0705
Understand the importance of labor and employee relationships.
Standard 52.1111-08
Students will discover employment opportunities in international business.
Objective 52.1111-0801
Understand the different career clusters in international business.
Objective 52.1111-0802
Understand education requirements for specific careers.
Objective 52.1111-0803
Understand the importance of a resume, job application, and interviewing process.
Objective 52.1111-0804
Understand employee responsibilities.
Standard 52.1111-09
Students will learn about the world trade environment.
Objective 52.1111-0901
Understand the history of U.S. involvement in world trade.
Objective 52.1111-0902
Understand the current trade relationships the U.S. has with other major industrial countries.
Objective 52.1111-0903
Understand the need for trade and specialization.
Objective 52.1111-0904
Understand current world trade issues.
Objective 52.1111-0905
Understand why people and nations trade.
Objective 52.1111-0906
Understand the importance of domestic, national, and international resources to international business.
Objective 52.1111-0907
Understand the impact of American resources on international business.
Objective 52.1111-0908
Understand the major trade regions of the world and their geographical relationships--Europe, Pacific Rim, North America, Latin America, and Africa.
Objective 52.1111-0909
Understand government units and other organizations that provide trade assistance.
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