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International Business Administration

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About this Course

Course Description: International Business Administration

The course "International Business Administration" is designed to provide students with a comprehensive understanding of the global business landscape and the complexities involved in operating across borders. In today's interconnected world, businesses need to navigate diverse cultures, legal systems, and economic environments to succeed in international markets. This course equips students with the knowledge and skills to address these challenges and capitalize on global opportunities.

Course Objectives:

  • Explore the key concepts and theories of international business.
  • Understand the impact of globalization on the business environment.
  • Analyze the cultural, political, and economic factors influencing international business operations.
  • Examine international market entry strategies and modes of internationalization.
  • Develop skills in international negotiation, cross-cultural communication, and conflict resolution.
  • Study international trade policies, tariffs, and trade agreements.
  • Assess the risks and challenges of international business expansion.
  • Understand the role of multinational corporations and their impact on global economies.
  • Explore the ethical and social responsibility considerations in international business.
  • Analyze case studies of successful and failed international business ventures.

Course Topics:

  1. Introduction to International Business
  2. Theories of International Trade and Investment
  3. Cultural Intelligence and Cross-Cultural Management
  4. Global Market Entry Strategies
  5. International Marketing and Branding
  6. International Finance and Currency Exchange
  7. Global Supply Chain Management
  8. Legal and Political Environment of International Business
  9. Global Economic Systems and Trade Policies
  10. Global Business Ethics and Corporate Social Responsibility
  11. Managing International Teams and Expatriation
  12. International Business Negotiations
  13. International Business Expansion and Risk Management
  14. Case Studies in International Business

Teaching Methodology:

The course will be delivered through a combination of lectures, interactive discussions, case studies, group projects, and guest lectures from industry experts. Students will engage in real-world simulations and hands-on exercises to apply theoretical concepts to practical scenarios. Active participation and critical thinking will be encouraged to foster a deep understanding of international business dynamics.

Assessment and Evaluation:

Student performance will be assessed through individual and group assignments, presentations, class participation, quizzes, and a final research project. These assessments will provide students with opportunities to demonstrate their knowledge, analytical skills, and ability to apply concepts learned throughout the course.

Prerequisites:

There are no specific prerequisites for this course. However, a basic understanding of business principles and macroeconomics would be beneficial.

Course Conclusion:

Upon completion of this course, students will be equipped with the necessary knowledge and skills to thrive in the dynamic world of international business. They will gain insights into the global marketplace, learn to identify opportunities and challenges, and develop strategies to create successful and sustainable international business ventures.

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