We live in a world of intensifying global relationships, one in which international business has become the key determinant of economic development and prosperity. This course, Global Business Environment, Part I, introduces students to a fundamental understanding of the socioeconomic political, cultural, and linguistic environment in which international businesses operate. This course utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment. It surveys the global business environment by asking and answering key questions about society, the global economy, cultures, institutions and languages. The questions we will ask are: 1. What is Globalization?, 2. Is Globalization New?, 3. How do Political and Social Institutions impact National Economic Development?, 4. What is the role of Culture?, 5. What are the Gains from Trade?6. Free Trade, Free-r Trade or Managed Trade?, 7. What are Foreign Currencies and how are Exchange Rates Determined?, 8. What does the Current Global Business Environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate. Lectures are delivered in an engaging manner, which encourages reflection and inquiry.
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- 5 stars76.33%
- 4 stars18.94%
- 3 stars3.47%
- 2 stars0.70%
- 1 star0.54%
As someone who has had a business both in the US and in Europe, I enjoyed this course by Professor Doug E. Thomas tremendously. To the point, very clear and well explained.
Good introduction to International Business. Well structured module and concepts explained in a simple way with good examples. Quizzes could be a bit more challenging.
Though I have worked in MNC with and people across the globe, learning the theoretical aspects of business helps you understand the process better and hence improve your work.
The course helps to understand the ways in which the business functions across the globe. It covers various aspects and the development of trade over the time