Course Curriculum
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Introduction
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Globalization in Business
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Impact of Globalization
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Effects of Globalization
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Lesson Summary
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Quiz 1.1
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Entering an International Market
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Globalization examples
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Globalization examples
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Lesson Summary
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Quiz 1.2
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Complexity of Global Business
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Different Political Systems
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Different Economic Systems
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Different Cultures
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Meeting the Challenge
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Lesson Summary
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Quiz 1.3
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Globalization
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Benefits of Globalization
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Costs of Globalization
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Lesson Summary
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Quiz 1.4
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What Is Global Competition?
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Fast Food Goes Global
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Technology Companies Compete
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Lesson Summary
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Quiz 1.5
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International Business Models
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Domestic
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Foreign
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International
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Lesson Summary
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Quiz 1.6
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Industry Globalization
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Global Competition
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Degree of Globalization
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Lesson Summary
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Quiz 1.7
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Several Strategies
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Exporting, Licensing and Franchising
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Joint Ventures and Strategic Alliances
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Foreign Direct Investment & Subsidiaries
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Lesson Summary
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Quiz 1.8
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Global Internet Marketing
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Pros of Internet and Global Marketing
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Cons of Internet and Global Marketing
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The Marketing Mix
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Lesson Summary
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Quiz 1.9
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Globalization
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Downsizing
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Outsourcing
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Insourcing
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Lesson Summary
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Quiz 1.10
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Outsourcing and Migrant Workers
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Outsourcing
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Migrant Workers
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Lesson Summary
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Quiz 1.11
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The Global Economy and Small Business
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Small Business Advantages
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Small Business Disadvantages
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Lesson Summary
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Quiz 1.12
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Introduction
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Global Perspective of Management
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Benefits and Drawbacks
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Currencies and Cultures
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Lesson Summary
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Working in International Environments
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Political and Legal
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Sociocultural
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Economic
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Technical
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Lesson Summary
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Different Yet the Same
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Cultural Awareness
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Dealing with Uncertainty
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Global Mindset
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Lesson Summary
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Systems View
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Why Use Systems View
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Why Use Systems View
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Systems View Example
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Lesson Summary
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Ingredients in Management
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Planning
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Organizing
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Staffing
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Controlling
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Leading
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Lesson Summary
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Diversity All Around Us
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What Is Diversity?
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Managing the Workforce
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Talent Can Flourish and Grow
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Language and Communication
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Managing Varying Viewpoints
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Lesson Summary
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The Global Business Environment
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Becoming a Global Leader
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History
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Politics
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Language
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Customs
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Lesson Summary
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Defining a Global Mindset
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Key Attributes
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Lesson Summary
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Quiz 2.8
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Culture & International Business
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DMIS in Practice
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Adaption & Integration
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Lesson Summary
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Quiz 2.9
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Total Quality Management
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Quality as Culture
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Six Sigma
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TQM Versus Six Sigma
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Lesson Summary
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Quiz 2.10
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Background on Coca-Cola
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The Globalization of Coca-Cola
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Coke's International Business Strategy
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Lesson Summary
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Quiz 2.11
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Introduction
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Background on Virtual Teams
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Advantage 1: Lower Costs, Greater Talent
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Advantage 2: Happiness, Unity, Retention
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Advantage 3: Flexibility & Agility
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Advantage 4: Reduction in Conflict
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Lesson Summary
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Quiz 3.1
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What Is a Virtual Team?
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Planning and Organizing
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Communicating
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Software and Hardware
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Lesson Summary
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Quiz 3.2
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Building A Virtual Team
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Highly Productive Virtual Teams
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Productive Collaboration
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Lesson Summary
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Quiz 3.3
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How to Lead Virtual Teams Effectively
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Reach Out Frequently
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Emphasize Communication
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Build on Common Bonds
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Lesson Summary
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Quiz 3.4
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Communication for Virtual Teams
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Determining the Needs of the Team
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Utilizing the Proper Tools
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Lesson Summary
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Quiz 3.5
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Communication Methods for Virtual Teams
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Tools for Virtual Team Communication
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Lesson Summary
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Quiz 3.6
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Introduction
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Globalization and Organizational Behavior
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Challenges Managers Face
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Lesson Summary
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Quiz 4.1
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Globalization and Organizational Structure
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Three Main Aspects
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Lesson Summary
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Quiz 4.2
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What Is National Culture?
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Aspects of National Culture
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Transporting Business Culture
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Lesson Summary
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Quiz 4.3
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Understanding Job Satisfaction
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How Satisfied Are Workers?
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Examples of Job Satisfaction Overseas
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Lesson Summary
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Quiz 4.4
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The Concept of Global Teams
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Cultural Issues in Teaming
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Different Cultures & Viewpoints
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Lesson Summary
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Quiz 4.5
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Groups of Different Cultures
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Status, Culture and Perspectives
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A Good Side to This Issue
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Lesson Summary
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Quiz 4.6
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Employees Across the Globe
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Labor & Employee Relations
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Cultural Considerations
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Lesson Summary
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Quiz 4.7
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Employees in Global Staffing
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Ethnocentric Staffing
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Polycentric Staffing
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Regiocentric Staffing
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Geocentric Staffing
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Lesson Summary
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Quiz 4.8
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Expatriated Defined
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Personal Considerations
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Expatriation Training
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Compensation
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Repatriation
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Lesson Summary
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Quiz 4.9
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A Diverse World
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Why Train for Diversity
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What Works
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How It Helps
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Lesson Summary
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Quiz 4.10
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Organizational Socialization
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Why Is Socialization Important?
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How Socialization Works
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What Are the Learning Objectives?
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Lesson Summary
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Quiz 4.11
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A Global Workforce
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Planning & Development
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Lesson Summary
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Quiz 4.12
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About Build-A-Bear Workshop
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Mentoring in Business
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Mentoring at Build-A-Bear Workshop
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Listening to Employees
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Showing How to Engage with Partners
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Learning from The Experiences of Others
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Rewarding Intelligence and Creativity
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Developing a Flexible Business Plan
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Lesson Summary
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Quiz 4.13
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Introduction
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Global Market - The Stage for Trade
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Absolute Advantage
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Comparative Advantage
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Why It's Important
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Lesson Summary
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Quiz 5.1
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The Basics
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Why It's Important
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Barriers to Trade
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Accounting for Trade
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Lesson Summary
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Quiz 5.2
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The Complexity of the Global Market
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Sociocultural
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Political and Legal Forces
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Economic and Financial Forces
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Physical and Environmental Forces
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Lesson Summary
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Quiz 5.3
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Trade Agreements
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Licensing
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Franchising
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Joint Ventures
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Outsourcing
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Offshoring
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Lesson Summary
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Quiz 5.4
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Sam's Sauce Italiano Goes Global
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Exporting
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Licensing
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Franchising
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Contract Manufacturing
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Joint Venture
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Direct Investment
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Lesson Summary
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Quiz 5.5
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Treaties
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Article II
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Bilateral Treaties
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Multilateral Treaties
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Lesson Summary
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Quiz 5.6
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International Trade
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GATT
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NAFTA
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WTO
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Lesson Summary
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Quiz 5.7
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Imports
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Exports
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International Trade Law
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Lesson Summary
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Quiz 5.8
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Many Different Worlds
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Basics of International Trade
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One More Piece to the Puzzle
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Regional Integration
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Types of Regional Integration
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How Managers Use Integration
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Lesson Summary
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Quiz 5.9
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Introduction to Trade Restrictions
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Job Protection
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Infant Industries
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Lesson Summary
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Quiz 5.10
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Protecting Your Home Turf From Imports
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Trade Protection Options
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Advantages and Disadvantages
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Integration and Selective Protectionism
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International Trade Regimes
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Lesson Summary
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Quiz 5.11
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Sovereign Immunity
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Foreign Sovereign Immunity
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Exceptions to FSIA
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Lesson Summary
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Quiz 5.12
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International Trade
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Economics of International Trade
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Politics of International Trade
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Benefits of Open Trade
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Drawbacks of an Open Market
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Lesson Summary
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Quiz 5.13
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Trade Theories in Action
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Traditional Trade Theory
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What Is New Trade Theory?
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Analysis of New Trade Theory
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Lesson Summary
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Quiz 5.14
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International Trade
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Political Government Intervention
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Economic Government Intervention
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Policy Instruments
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Lesson Summary
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Quiz 5.15
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Absolute Advantage
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Theory of Comparative Advantage
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Comparative vs. Absolute Advantage
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Example #1
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Example #2
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Lesson Summary
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Qiz 5.16
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International Trade
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Absolute Advantage
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Comparative Advantage
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Absolute and Comparative Differences
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Lesson Summary
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Quiz 5.17
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Introduction
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Business, Government, and Society
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Interrelated Objectives
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Market Capitalism
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Dominance
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Countervailing Forces
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Lesson Summary
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Quiz 6.1
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Globalization
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Major Drivers of Globalization
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International Financial and Trade Institutions
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Lesson Summary
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Quiz 6.2
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International Business
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Democracy
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Comparative Political Systems
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Comparative Economic Systems
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Global Solution for Companies
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Lesson Summary
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Quiz 6.3
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What Is the Political Environment in International Business?
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Common Political Factors
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Impact of Political Factors
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Lesson Summary
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Quiz 6.4
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Defining Change
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Political Change Influencing Economics
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Economic Change Influencing Politics
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Economic Change Without Political Change
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Political Change Without Economic Change
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Lesson Summary
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Quiz 6.5
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International Economic Environment Defined
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The Business Cycle
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Factors Affecting this Environment
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Lesson Summary
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Quiz 6.6
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Economic Environments
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Population Information
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Health of the Economy Information
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Lesson Summary
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Quiz 6.7
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Globalization & the Global Society
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Understanding the Global Society
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Emergence of a Global Society
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Global Crises
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Lesson Summary
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Quiz 6.8
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Government-Business Relationships
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Fiscal Policy
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Monetary Policy
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Economic Policy
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Social Services Policy
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Lesson Summary
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Quiz 6.9
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Business and Community Relationship
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Community
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Community Involvement
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Collaborative Partnerships
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Lesson Summary
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Quiz 6.10
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Definition of Foreign Direct Investment
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Advantages of FDI
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Disadvantages to MNEs
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Lesson Summary
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Quiz 6.11
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Market Imperfections Theory
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Correcting for International Market Imperfections
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What Is Foreign Direct Investment?
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Lesson Summary
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Quiz 6.12
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Introduction
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Introduction to Foreign Currency Exchange
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Law of Demand & Law of Supply
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Supply and Demand for Currency
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Demand for Currency
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Supply for Currency
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Demand and Supply Changes
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Lesson Summary
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Quiz 7.1
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Importance of Understanding Exchange Rates
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Definition and Purpose
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Types
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How They Work
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Conversion Calculations
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Lesson Summary
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Quiz 7.2
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Currency Terms
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Strong Exchange Rate Effects
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Weak Exchange Rate Effects
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Lesson Summary
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Quiz 7.3
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Fiscal and Monetary Policies
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Review of Basics
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Fiscal Policy Effects
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Income Changes
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Price Changes
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Interest Rates
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Monetary Policy Effects
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Income
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Prices
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Interest Rates
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Lesson Summary
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Assignment
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Final Exam
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About this course
- 453 lessons
- 1750+ Transfer Colleges
- ACE & NCCRS Approved
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- 25% Assignments
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