1. |
Define international business and explain how it differs from domestic business. (I) |
2. |
Explain how varied cultural customs affect business practice. (II) |
3. |
Compare how major political environments affect business practice. (II) |
4. |
Identify several economic issues and explain their impact on international business. (II) |
5. |
Describe why companies select typical trading patterns. (III) |
6. |
Evaluate the rationale for governmental policies that enhance or restrict international trade. (III) |
7. |
Describe how the foreign-exchange market is used in commercial and financial transactions. (III) |
8. |
Explain how exchange-rate movements influence business decisions. (III) |
9. |
Identify the key elements of export strategies. (IV) |
10. |
Differentiate the major operational forms (licensing, joint ventures, etc.) used in global business activities. (IV) |
11. |
Discuss international marketing considerations regarding product, promotion, pricing, branding and distribution. (V) |
12. |
Explain outsourcing, purchasing and supplier relations issues encountered in international business. (V) |
13. |
Evaluate the issues that occur when managers are transferred internationally. (V) |