Course Summary
This course provides an overview of the international business context, including the global economy, multinational corporations, and cultural differences. Students will learn about the challenges and opportunities of doing business across borders.Key Learning Points
- Gain an understanding of the global economy and its impact on businesses
- Learn about the strategies and structures of multinational corporations
- Explore the cultural differences that affect international business decisions
Job Positions & Salaries of people who have taken this course might have
- USA: $92,000
- India: ₹1,200,000
- Spain: €50,000
- USA: $92,000
- India: ₹1,200,000
- Spain: €50,000
- USA: $148,000
- India: ₹2,500,000
- Spain: €95,000
- USA: $92,000
- India: ₹1,200,000
- Spain: €50,000
- USA: $148,000
- India: ₹2,500,000
- Spain: €95,000
- USA: $60,000
- India: ₹800,000
- Spain: €35,000
Related Topics for further study
- global economy
- multinational corporations
- cultural differences
- international business strategies
- global marketing
Learning Outcomes
- Understand the complexities of the global economy
- Analyze the strategies and structures of multinational corporations
- Evaluate cultural differences and their impact on business decisions
Prerequisites or good to have knowledge before taking this course
- Basic knowledge of business concepts
- Intermediate level of English proficiency
Course Difficulty Level
IntermediateCourse Format
- Online, self-paced
- Video lectures
- Interactive quizzes and assignments
Similar Courses
- Globalization and You
- International Business Essentials
Related Education Paths
Notable People in This Field
- Richard Branson
- Indra Nooyi
Related Books
Description
This course on the context of international business provides an overview of the environments in which international business has existed in the past and how it operates in the present. First, the theory and history of international trade and the place of business in global trade are summarized. Next, the parallel topic of globalization and its impact on international business is reviewed. Then, the varied political, economic, and ethical environments in which international business must operate are discussed. Finally, current international trade agreements and national trade laws and regulations are presented. Without understanding the context of international business, international managers and leaders will indeed find success difficult.
Knowledge
- Interpret the history of human trade, theories of international trade, and the businessof trade as antecedents of the current global economy.
- Critique the pros and cons of recent economic globalization.
- Evaluate the political, economic, and ethical systems in which international businessesoperate.
- Appraise the many international trade laws and agreements and evaluate national tradelaws and regulations currently extant.
Outline
- International Trade
- Your Instructor
- Introduction to International Business Context
- Brief History of International Trade
- Reasons for Trade Growth
- Chinese New Silk Road
- Country Specific Theories
- Firm-Specific Trade Theories
- Anglo-Chinese Opium Wars
- International Business and Trade
- Motives for International Business
- Methods of International Business
- Walmart International
- Global Trade
- The Reasons for Trade
- Supplements
- International Trade Theory
- Supplements
- Reasons to Go International
- Forms of International Business
- Supplements
- Module 1 Assessment — International Trade
- Globalization
- What is Globalization
- Globalization Outcomes
- Globalization Challenges
- Global Internet
- A Brief History of Globalization
- The Globalization Debate
- Module 2 Assessment — Globalization
- International Political, Legal, and Economic Environments
- Political Systems
- Legal Systems
- Rule of Law
- IKEA in Russia
- Economic Systems
- Comparing Economic Performance
- Ethics
- Corporate Social Responsibility
- Corruption
- US Foreign Corruption Practices Act (FCPA)
- Political and Legal Factors that Impact International Trade
- What is the Rule of Law? — World Justice Project
- Economic Systems
- Classifying World Economies
- Supplements
- Global Business Ethics
- Corruption in International Business
- Corporations and Corporate Responsibility
- Module 3 Assessment — Political and Legal Systems
- International Trade Law
- Barriers to Trade
- Multinational FTAs
- International Trade Organizations
- Brexit
- National Trade Laws
- Free Trade Zones
- National IP Laws
- National Export Controls
- Barriers to Trade
- Understanding Tariffs
- Regional Economic Integration
- Global Trade Organizations (WTO and GATT)
- Supplements
- Import Restrictions
- Export Restrictions
- Free Trade Zones
- Intellectual Property Rights
- Supplements
- Module 4 Assessment — International Trade Law
- Context of International Business
- Context of International Business
Summary of User Reviews
The International Business Context course on Coursera has received positive reviews from its users. Many users found the course to be informative and helpful in gaining an understanding of the international business landscape. Overall, the course has a high rating among its users.Key Aspect Users Liked About This Course
The course provided a comprehensive understanding of the international business landscape.Pros from User Reviews
- Informative and useful content
- Engaging and interactive course structure
- Real-world examples and case studies
- Knowledgeable and supportive instructors
Cons from User Reviews
- Some users found the course to be too basic or introductory
- The course may be too broad for some users' specific interests or career goals
- The workload can be challenging for those with limited time or busy schedules
Stephen R. Lawrence
4.7 Raiting
ETHICS
- 0.0
-
![]()
![]()
![]()
![]()
![]()
Business Ethics Specifically, the course aims to: Establish a clear understanding of what ethics is Foster an understanding of ethical responsibilities in society...
Space Law 101
- 3.2
-
![]()
![]()
![]()
![]()
![]()
Business Opportunities in Space Law for Now and the Future This course covers the basics of space law and describes the business opportunities...
Development in Emerging Economies: The Case of China
- 0.0
-
![]()
![]()
![]()
![]()
![]()
Curious about China's development and the Chinese market but haven't known where to start? Peking University brings you an easy-to-understand primer....
International Organizations Management
- 4.8
-
![]()
![]()
![]()
![]()
![]()
With a focus on cross-sector partnerships in a changing world, the course offers you insights into the inner workings of international organizations and the challenges they face today....
