Catalog Course Search Details

 Department:    BUS

 Course #:    241

 Credits:    5

 Variable:     No

 IUs:    5

 CIP:    520101

 EPC:    n/a

 REV:    2019

 Course Description  

An overview of how businesses operate in the global environment including topics on marketing, management, production, human resource management and finance.

 Prerequisite  

Prerequisite: Completed ENGL& 101 with a grade of 2.0 or higher.

Contact Hours (based on 11 week quarter)

Lecture: 55

Lab: 0

Other: 0

Systems: 0

Clinical: 0

Intent: Distribution Requirement(s) Status:  

Academic Social Sciences  

Equivalencies At Other Institutions

Learning Outcomes

After completing this course, the student will be able to:

1. Understand fundamentals of trade theory and sources of competitiveness in trade.
2. Understand major world marketplaces and why certain products originate in certain areas.
3. Understand the concepts of comparative and absolute advantage.
4. Discuss trade protections such as tariffs, quotas and various barriers to free international trade.
5. Understand the elements of culture and how cultural differences affect trade between trading partners.
6. Understand the impacts of legal, technological and political forces in international trade
7. Understand the role of ethics and social responsibility in international business
8. Understand the fundamentals of international trade and investment motives and options (E.g. foreign direct investment etc)
9. Understand the fundamentals of international monetary systems and the balance of payments
10. Understand the fundamentals of foreign exchange and international financial markets
11. Understand the fundamentals of international strategic management and strategies for analyzing and entering foreign markets.
12. Understand international organizational design, control and alliances
13. Understand the fundamentals of managing international firms including international marketing, finance, human resources, operations, etc.
14. SOCIAL SCIENCES: Explain the variables that influence the structure of cultures and societies.

General Education Learning Values & Outcomes

Revised August 2008 and affects outlines for 2008 year 1 and later.

Course Contents

1. Absolute and comparative advantage
2. Production and consumption possibilities curves.
3. Terms of trade.
4. Tariffs, quotas, embargoes.
5. Reasons not to engage in trade.
6. Balance of payments.
7. Foreign exchange rates.
8. International diversity.
9. Multinational U.S. global strategies.