International Business Environment and Business Processes
Tittle | International Business Environment and Business Processes |
Department | International Management and Marketing |
Type (compulsory/optional) | Optional |
Cycle (first/second) | First Cycle |
Semester when the component is delivered | 2-nd semester |
Course description | In the last few decades
globalization has transformed the economic and social landscape. The world is
changing rapidly. Populations are ageing, people are moving from the
countryside to the cities, there are more people suffering from obesity or who
are overweight than people who go hungry. The middle-class is growing fast in
the emerging economies while it is shrinking in Europe and the United States.
The problems of conflict, global security and insecurity are getting back on
the global stage with numerous economic, political and social consequences.
These forces are putting pressure on governments around the world as they seek
to cope with the consequences. The race for energy, natural resources and food
is intensifying, and the global economic architecture is endangered with the
new realities of the 21st century. This course is to form a system of knowledge about the current international business environment and business processes including history, trends, governing/advising bodies, cultural influences, political issues, regional market groups and other factors impacting the transaction of business in the international community. |
Course content |
Module 1.
International business environment, business trends, and development Topic 1. GlobalizationTopic 2. Demographic trends Topic 3. Inequality and the global middle class Topic 4. Global economic and financial imbalances Topic 5. The quest of sustainability Topic 6. Global issues of health protection Module 2.
International conflicts, security and terrorism Topic 7. The shifting geopolitical landscapeTopic 8. Conflict and security Topic 9. Global power of the 21st century |
Learning outcomes | - the ability to use basic tools to understand:
macroeconomic concepts and issues, the role of government policies in
determining macroeconomic outcomes, and the implications of the economic
environment for global and international business - the ability to assess a country’s prospects for global business and its competitiveness in the global business and economic environment - the ability to assess the business environment in other countries, including economic and financial structures, institutions and institutional voids, business practices, regulatory systems, and cultural and social conditions - the ability to develop an international business perspective by understanding the similarities and differences in the business and economic environment across countries - the ability to understand how heterogeneity in the business and economic environment across countries affects international business practices and strategies - the ability to understand patterns of international competition through examination of specific industries and firms - the ability to develop skills in analyzing strategic challenges and opportunities in the global context and competencies to anticipate the potential strategies of global and local competitors in specific industries - the ability to develop an appreciation of ethical issues confronting companies engaged in international business and the options for responsibly managing these ethical issues - the ability to integrate and apply frameworks, models, tools, and concepts from various perspectives to a real world global setting. |
Contact hours (lectures/seminars)
|
30/30 |
Prerequisites
|
Fundamentals of Economics |
Number of ECTS credits allocated
|
5 credits |