PRINCIPLES OF INTERNATIONAL BUSINESS

The student is introduced to the language and terminology of international business and major international political and economic policies that affect modern international businesses. Special attention is given to fundamental concepts of international business; reasons for international business and the attractiveness of international business for firms including a discussion covering the nature and characteristics of MNEs as well as specific issues like international finance, international production, international marketing and international human resource management.

Successful completion of the course will enable students:
1) Understand the current status of international market;
2) Identify opportunities and challenges that the international market generates;
3) Formulate international business strategies;
4) Design organizational structure for successful implementation of international business strategies.

Case-studies will be widely used to provide the course with a “hands-on” focus and a practical orientation that complements conceptual framework discussed in the class. Students will be challenged to integrate knowledge they have gained from other business core courses and apply their accumulated knowledge to case studies. Students will engage in active research and analytical problem solving related to managing in the international environment and will frequently be called upon to brief their findings to the class.

This will be a highly engaging and interactive class where students will have an ample opportunity to learn about international business through discussions, debates, and case analysis. Therefore, I expect students to read all reading materials prior to each class in order to meaningfully participate in class discussions and debates. This course builds upon students’ prior knowledge and understanding of general management. Hence, students are required to take principles of management before taking this course.