BA 288 - Introduction to International Business

Description
In this course students examine international business from a global perspective. The relationship between business and government is addressed by reviewing business and policy concerns. Students learn relevant theoretical and practical insights so that the real world international business is better understood.

Credit Hours: 3
Contact Hours: 3
Prerequisites/Other Requirements: None
English Prerequisite(s): None
Math Prerequisite(s): None
Course Corequisite(s): None
Academic Program Prerequisite: None
Consent to Enroll in Course: No Department Consent Required
Dual Enrollment Allowed?: Yes
Number of Times Course can be taken for credit: 1
Programs Where This Course is a Requirement:
Pre-Business Administration, A.A. (Western Michigan University), Pre-Business, A.B. (3+1, Davenport University),

Other Courses Where This Course is a Prerequisite: None
Other Courses Where this Course is a Corequisite: None
Other Courses Where This course is included in within the Description: None

General Education Requirement:
None
General Education Learner Outcomes (GELO):
NA
Course Learning Outcomes:
1. Explain international business principles, concepts, and concerns businesses face today.

2. Understand the impact of globalization and analyze trends, history, cost/benefit, and future outlook for globalization.

3. Assess and critique economic and political systems and explain the significance of intellectual property protection.

4. Recall global business ethics, considering cultural, religious, and political differences, and create a code of conduct.

5. Analyze international trade theories and their implications.

6. Compare and contrast foreign direct investments, exporting, and licensing.

7. Describe the relationship between cost leadership and local responsiveness as an international business strategy.

8. Evaluate organizational architecture changes for global strategy alignment and firms’ decisions for foreign expansion, then identify and explain the three fundamental decisions firms must make when they decide on foreign expansion.

9. Identify the hiring, staffing, training, and retention challenges within international human resources management.
Course Outline:
I. Globalization

II. National Differences

A. National Differences in Political, Economic, and Legal Systems

B. National Differences in Economic Development

C. Differences in Culture

D. Ethics, Corporate Social Responsibility, and Sustainability

III. The Global Trade and Investment Environment

A. International Trade Theory

B. Government Policy and International Trade

C. Foreign Direct Investment

D. Regional Economic Integration

IV. The Global Monetary System

A. The Foreign Exchange Market

B. The International Monetary System

C. The Global Capital Market

V. The Strategy and Structure of International Business

A. The Strategy of International Business

B. The Organization of International Business

C. Entering Developed and Emerging Markets

VI. International Business Functions

A. Exporting, Importing, and Countertrade

B. Global Production and Supply Chain Management

C. Global Marketing and Business Analytics

D. Global Human Resource Management

E. Accounting and Finance in International Business

Approved for Online and Hybrid Delivery?:
Yes
Instructional Strategies:
Lecture/Discussion: 10-50%

Facilitated Class Discussion: 10-50%

Student Presentations and Q & A: 0-30%

Group Work: 0-30%

Technology and Generative AI Learning Activities: 0-30%
Mandatory Course Components:
None
Equivalent Courses:
None

Accepted GRCC Advanced Placement (AP) Exam Credit: None
AP Min. Score: NA
Name of Industry Recognize Credentials: None

Course prepares students to seek the following external certification:
No
Course-Specific Placement Test: None
Course Aligned with ARW/IRW Pairing: N/A

Mandatory Department Assessment Measures:
None

Course Type:
Program Requirement- Offering designed to meet the learning needs of students in a specific GRCC program.
Course Format:
Lecture - 1:1
Total Lecture Hours Per Week: 3
People Soft Course ID Number: 100072
Course CIP Code: 52.9999
Maximum Course Enrollment: 24
General Room Request: None

High School Articulation Agreements exist?: No
If yes, with which high schools?: NA
Non-Credit GRCC Articulation Agreement With What Area: No
Identify the Non Credit Programs this Course is Accepted: NA

School: School of Business & Industry
Department: Business
Discipline: BA
Faculty Credential Requirements:
Master’s Degree (GRCC general requirement), Other (list below), Professionally qualified through work experience in field (Perkins Act or Other) (list below)
Faculty Credential Requirement Details:
Professor must possess proven successful international business experience.

Major Course Revisions: N/A
Last Revision Date Effective: 20250219T15:51:56
Course Review & Revision Year: 2029-2030