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Doug E Thomas, Ph.D.
This course, Introduction to the Global Business Environment II, focuses on managing organizations in the international economy. Building on Introduction to the Global Business Environment I, this second course focuses on organizational level and management issues in international settings. The course prepares students with practical as well as research-based knowledge and skills necessary to successfully operating an organizational across borders. This course utilizes an inquiry based approach to understanding managing in the Global Business Environment and answering the following questions: 1. What are Foreign Currencies and how are Exchange Rates Determined? 2. How should you organize your business abroad? 3. How do you adapt your product or service for the international market? 4. What is it like to work abroad and how do you manage expatriates? 5. How to start, operate and grow a small or entrepreneurial business in the global environment? 6. What is the Current State of the Global Business Environment? This inquiry-based approach creates reflective opportunities for students to better understand managing and leading organizations in the global environment in which businesses operate. Lectures are delivered in an engaging manner which encourages reflection and inquiry. Course lectures will be delivered by the instructor in both Spanish and English.
Register for this course and see more details by visiting:
OpenCourser.com/course/ujbtfm/international
What's inside
Syllabus
Week 1
What are Foreign Currencies and how are Exchange Rates Determined?
Week 2
How should you organize your business abroad?
Read more
Syllabus
Week 1
What are Foreign Currencies and how are Exchange Rates Determined?
Week 2
How should you organize your business abroad?
Read more
Week 3
How do you adapt your product or service for the international market?
Week 4
What is it like to work abroad and how do you manage expatriates?
Week 5
How to start, operate and grow a small or entrepreneurial business in the global environment?
Week 6
What is the Current State of the Global Business Environment?
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Focuses on organizational management in an international economy
Teaches practical skills for international business operations
Designed for students with previous knowledge in global business
In-depth exploration of key topics such as exchange rate determination, international expansion strategies, and managing expatriates
Inquiry-based approach to foster critical thinking and practical application
Save this course
Save International Business II to your list so you can find it easily later:
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Reviews summary
Positive insights on international business
Learners largely praise "International Business II" for its valuable insights into global business. Students applaud the engaging lectures, informative examples, and clear explanations. The course is said to provide a comprehensive understanding of various aspects of international business, helping learners grasp complex economic terms and concepts. The instructor, Doug E. Thomas, is highly praised for his exceptional teaching style and ability to convey ideas in a way that is easy to understand. Overall, learners say this course is an excellent resource for anyone seeking to expand their knowledge of international business.
Examples and case studies make learning easier.
"The examples and case studies were very simple and made understanding ver easy."
"Its a very interesting course with a lot of real life examples that helps one better understand each module."
"Excellent continuation to International Business 1. I highly recommend this course."
Instructor Doug E. Thomas is highly praised for his teaching skills.
"The professor was awesome."
"Doug was simply awesome:)"
"Thank You, Professor Douglas Thomas for an eye opening, and informative course."
Provides a wide range of topics relevant to global business.
"The course really initiated my interest in the global market, how it works, what factors play role in influencing it."
"The course has been helpful to me in order to understand how globalised the world is."
"Gives an overview of a lot of items relevant to global business."
Some learners report that the course material is not up-to-date.
"Despite the fact that the approach of the course is interesting, the offered material is not updated, and a subject like this, about seven years back in history, can have a very different face today, mainly after having a world chased by a pandemic, for more than a year now."
Some learners mention a lack of assignments or optional readings.
"I have not seen any assignments or optinal reading, or watching resources. All given information was basic."
"Good transition with International Business II, but unequal quality in the various modules (some were quite expert on foreign currencies or structuration of a business going global, and some much lighter like expatriation). Still a nice overview of the topic"
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in International Business II with these
activities:
Tutor students in a lower-level business course
Show steps
Reinforces understanding through teaching and explaining concepts to others.
Show steps
-
Identify students who need assistance.
-
Prepare lesson plans and materials.
-
Conduct tutoring sessions.
-
Provide feedback and support.
Review organizational behavior concepts
Show steps
Ensures a solid foundation in organizational behavior principles for managing in international settings.
Browse courses on
Organizational Behavior
Show steps
-
Read materials on organizational culture and cross-cultural management.
-
Practice applying concepts to real-world scenarios.
Compile a collection of resources on global business trends
Show steps
Provides a valuable repository of information and insights on current and emerging trends in the global business environment.
Show steps
-
Identify and gather relevant articles, reports, and whitepapers.
-
Organize and categorize the resources.
-
Create a searchable database or online platform for easy access.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Read "International Finance and Multinational Business" by Shapiro
Show steps
Develops a conceptual framework for understanding the complex economic and financial issues involved in global business.
View
Multinational Financial Management
on Amazon
Show steps
-
Summarize the key concepts of international trade and investment.
-
Analyze the different types of exchange rate regimes and their impact on business.
-
Evaluate the risks and rewards of investing in foreign markets.
Follow tutorials on foreign exchange markets
Show steps
Provides practical insights into the dynamics and complexities of foreign exchange markets.
Show steps
-
Identify the key players in the foreign exchange market.
-
Understand the different types of foreign exchange transactions.
-
Analyze the factors that influence exchange rates.
Attend industry conferences on global business
Show steps
Facilitates connections with professionals in the field and provides insights into current trends and best practices.
Show steps
-
Identify relevant conferences and events.
-
Prepare and practice your networking skills.
-
Attend sessions and engage with speakers.
-
Connect with potential mentors and collaborators.
Design a marketing plan for a product launch in a foreign market
Show steps
Enhances understanding of the challenges and opportunities of marketing in diverse cultural and economic contexts.
Show steps
-
Conduct market research to identify target customers.
-
Develop a product positioning and value proposition.
-
Determine the appropriate distribution channels.
-
Establish a pricing strategy.
-
Create a marketing communications plan.
Solve case studies on international business challenges
Show steps
Develops problem-solving skills and critical thinking in addressing complex international business issues.
Show steps
-
Analyze the case study and identify the key issues.
-
Research and gather relevant data.
-
Develop and evaluate alternative solutions.
-
Present and defend your recommendations.
Tutor students in a lower-level business course
Show steps
Reinforces understanding through teaching and explaining concepts to others.
Show steps
Show steps
Show steps
- Identify students who need assistance.
- Prepare lesson plans and materials.
- Conduct tutoring sessions.
- Provide feedback and support.
Review organizational behavior concepts
Show steps
Ensures a solid foundation in organizational behavior principles for managing in international settings.
Browse courses on
Organizational Behavior
Show steps
Show steps
Show steps
- Read materials on organizational culture and cross-cultural management.
- Practice applying concepts to real-world scenarios.
Compile a collection of resources on global business trends
Show steps
Provides a valuable repository of information and insights on current and emerging trends in the global business environment.
Show steps
Show steps
Show steps
- Identify and gather relevant articles, reports, and whitepapers.
- Organize and categorize the resources.
- Create a searchable database or online platform for easy access.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Read "International Finance and Multinational Business" by Shapiro
Show steps
Develops a conceptual framework for understanding the complex economic and financial issues involved in global business.
View
Multinational Financial Management
on Amazon
Show steps
Show steps
Show steps
- Summarize the key concepts of international trade and investment.
- Analyze the different types of exchange rate regimes and their impact on business.
- Evaluate the risks and rewards of investing in foreign markets.
Follow tutorials on foreign exchange markets
Show steps
Provides practical insights into the dynamics and complexities of foreign exchange markets.
Show steps
Show steps
Show steps
- Identify the key players in the foreign exchange market.
- Understand the different types of foreign exchange transactions.
- Analyze the factors that influence exchange rates.
Attend industry conferences on global business
Show steps
Facilitates connections with professionals in the field and provides insights into current trends and best practices.
Show steps
Show steps
Show steps
- Identify relevant conferences and events.
- Prepare and practice your networking skills.
- Attend sessions and engage with speakers.
- Connect with potential mentors and collaborators.
Design a marketing plan for a product launch in a foreign market
Show steps
Enhances understanding of the challenges and opportunities of marketing in diverse cultural and economic contexts.
Show steps
Show steps
Show steps
- Conduct market research to identify target customers.
- Develop a product positioning and value proposition.
- Determine the appropriate distribution channels.
- Establish a pricing strategy.
- Create a marketing communications plan.
Solve case studies on international business challenges
Show steps
Develops problem-solving skills and critical thinking in addressing complex international business issues.
Show steps
Show steps
Show steps
- Analyze the case study and identify the key issues.
- Research and gather relevant data.
- Develop and evaluate alternative solutions.
- Present and defend your recommendations.
Career center
Learners who complete International Business II will develop knowledge and skills
that may be useful to these careers:
International Business Consultant
International Business Consultant
An International Business Consultant helps companies expand their operations into new countries. They provide advice on a variety of topics, including market entry strategy, cross-cultural communication, and legal compliance. The International Business II course can be very helpful for aspiring International Business Consultants, as it provides them with a comprehensive understanding of the global business environment. This knowledge can help consultants provide better advice to their clients.
Global Marketing Manager
Global Marketing Manager
A Global Marketing Manager is responsible for developing and executing marketing campaigns for a company's global operations. They work closely with marketing teams in different countries to ensure that campaigns are culturally appropriate and effective. The International Business II course can be very helpful for Global Marketing Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective marketing campaigns.
Cross-Cultural Consultant
Cross-Cultural Consultant
Cross-Cultural Consultants help companies understand and adapt to the different cultures they operate in. They provide advice on a variety of topics, including cultural etiquette, communication styles, and business practices. The International Business II course can be very helpful for Cross-Cultural Consultants, as it provides them with a deep understanding of the global business environment. This knowledge can help consultants provide better advice to their clients.
Global Supply Chain Manager
Global Supply Chain Manager
A Global Supply Chain Manager is responsible for managing the flow of goods and materials from suppliers to customers. They work with suppliers to ensure that the company is getting the best possible prices and quality, and they work with customers to ensure that they are receiving their orders on time and in full. The International Business II course can be very helpful for Global Supply Chain Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective supply chain strategies.
International Lawyer
International Lawyer
International Lawyers provide legal advice to companies doing business in other countries. They help clients with a variety of issues, including cross-border transactions, mergers and acquisitions, and intellectual property disputes. The International Business II course can be very helpful for International Lawyers, as it provides them with a deep understanding of the global business environment. This knowledge can help lawyers provide better advice to their clients.
International Business Analyst
International Business Analyst
An International Business Analyst is responsible for analyzing a company's global operations and making recommendations on how to improve them. They work with data from a variety of sources to identify trends and patterns, and they develop models to predict future performance. The International Business II course can be very helpful for International Business Analysts, as it provides them with a deep understanding of the global business environment. This knowledge can help analysts make better recommendations for how to improve company performance.
Chief Operating Officer
Chief Operating Officer
A Chief Operating Officer (COO) oversees the day-to-day operations of a company. They are responsible for ensuring that the company's goals are met, and that it is running smoothly and efficiently. The International Business II course can be helpful for COOs, as it provides them with a deep understanding of the global business environment. This knowledge can help COOs make better decisions about how to operate their companies in a globalized world.
International Human Resources Manager
International Human Resources Manager
An International Human Resources Manager is responsible for managing a company's human resources operations in a specific country or region. They work with employees to develop and maintain relationships, and they ensure that the company is complying with all labor laws. The International Business II course can be very helpful for International Human Resources Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective human resources strategies.
Foreign Exchange Trader
Foreign Exchange Trader
A Foreign Exchange Trader buys and sells currencies on behalf of clients. They work with banks, hedge funds, and other financial institutions to execute trades. The International Business II course can be very helpful for Foreign Exchange Traders, as it provides them with a deep understanding of the global business environment. This knowledge can help traders make better decisions about when to buy and sell currencies.
International Logistics Manager
International Logistics Manager
An International Logistics Manager is responsible for managing the movement of goods and materials across borders. They work with shipping companies, customs officials, and other stakeholders to ensure that goods are delivered safely and on time. The International Business II course can be very helpful for International Logistics Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective logistics strategies.
International Project Manager
International Project Manager
An International Project Manager is responsible for managing projects that involve multiple countries. They work with teams from different cultures and backgrounds to ensure that projects are completed on time and within budget. The International Business II course can be very helpful for International Project Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective project management strategies.
International Tax Manager
International Tax Manager
An International Tax Manager is responsible for managing a company's tax operations in a specific country or region. They work with tax authorities to ensure that the company is complying with all tax laws. The International Business II course can be very helpful for International Tax Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective tax strategies.
International Sales Manager
International Sales Manager
An International Sales Manager is responsible for managing a company's sales operations in a specific country or region. They work with customers to develop and maintain relationships, and they negotiate sales contracts. The International Business II course can be very helpful for International Sales Managers, as it provides them with a deep understanding of the global business environment. This knowledge can help managers develop more effective sales strategies.
Chief Financial Officer
Chief Financial Officer
A Chief Financial Officer (CFO) is responsible for managing a company's financial operations. They are responsible for preparing financial statements, managing cash flow, and making investment decisions. The International Business II course may be helpful for CFOs, as it provides them with a deep understanding of the global business environment. This knowledge can help CFOs make better decisions about how to manage their company's finances.
Business Owner
Business Owner
Owners of all sizes of companies can benefit from a better understanding of the international business environment, as it can help them identify new opportunities to sell their products or services. They may also be able to learn from the different strategies that businesses in other countries use to achieve success.
For more career information including salaries, visit:
OpenCourser.com/course/ujbtfm/international
Reading list
We've selected ten books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
International Business II.
Classic work on the challenges of managing multinational corporations. It valuable resource for students who want to learn more about the organizational and strategic issues involved in global business.
Provides a comprehensive overview of the global business environment, including the economic, political, and cultural factors that shape international business. It good choice for students who want to gain a broad understanding of the global business landscape.
Save
Provides a practical guide to doing business in India. It covers the key cultural differences and business practices that are important to be aware of when operating in this region.
Provides a framework for understanding cultural differences and their impact on business. It valuable resource for students who want to learn more about how culture affects international business practices.
Provides a practical guide to doing business in Latin America. It covers the key cultural differences and business practices that are important to be aware of when operating in this region.
Provides a practical guide to doing business in the Middle East. It covers the key cultural differences and business practices that are important to be aware of when operating in this region.
Provides a practical guide to doing business in Africa. It covers the key cultural differences and business practices that are important to be aware of when operating in this region.
Comprehensive guide to the International Monetary Fund's functions and operations. It provides detailed information on the Fund's policies, procedures, and programs. It valuable resource for students who want to learn more about the IMF's role in the global economy.
Comprehensive guide to the World Trade Organization's functions and operations. It provides detailed information on the WTO's agreements, rules, and procedures. It valuable resource for students who want to learn more about the WTO's role in the global trading system.
Comprehensive guide to the World Bank's lending operations. It provides detailed information on the Bank's policies, procedures, and projects. It valuable resource for students who want to learn more about the World Bank's role in international development.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/ujbtfm/international
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The Global Business Environment: Evolution and Dynamics
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Institution
University of New Mexico
Instructor
Doug E Thomas, Ph.D.
Language
English
Transcripts
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آذربایجان دیلی
Good to know
Focuses on organizational management in an international economy
Teaches practical skills for international business operations
Designed for students with previous knowledge in global business
In-depth exploration of key topics such as exchange rate determination, international expansion strategies, and managing expatriates
Inquiry-based approach to foster critical thinking and practical application
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