We live in a world of intensifying global relationships, one in which international business has become the key determinant of economic development and prosperity. This course, Global Business Environment, Part I, introduces students to a fundamental understanding of the socioeconomic political, cultural, and linguistic environment in which international businesses operate. This course utilizes an inquiry-based approach to understanding country level relationships in the Global Business Environment. It surveys the global business environment by asking and answering key questions about society, the global economy, cultures, institutions and languages. The questions we will ask are: 1. What is Globalization?, 2. Is Globalization New?, 3. How do Political and Social Institutions impact National Economic Development?, 4. What is the role of Culture?, 5. What are the Gains from Trade?6. Free Trade, Free-r Trade or Managed Trade?, 7. What are Foreign Currencies and how are Exchange Rates Determined?, 8. What does the Current Global Business Environment look like? This inquiry-based approach creates reflective opportunities for students to better understand the environment in which businesses operate. Lectures are delivered in an engaging manner, which encourages reflection and inquiry.
About this Course
University of New Mexico
As New Mexico’s flagship institution, UNM is a place where cutting-edge research and creative endeavors flourish. We empower our students to lead in tackling complex societal challenges, offering an exceptional education inspired by vision, scholarship, and creativity. UNM’s distinctive campus environment blend of culture and cuisine, styles and stories, people, pursuits and panoramas.
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TOP REVIEWS FROM INTERNATIONAL BUSINESS I
Introductory insights to the world of Global Business. Dr. Thomas is a good story teller. It helps to think of the lectures as a series of stories that happened around the globe relating to trade.
This course is very much needed to people who are interested in International Business. The instructor clearly explains about the world economy and the trading activities with clear cut examples.
Though I have worked in MNC with and people across the globe, learning the theoretical aspects of business helps you understand the process better and hence improve your work. Best Wishes.
I love everything about this course, from the length of the lesson to the way the instructor teaches and all the knowledge I've got. Can't be any happier with it. Thanks for the opportunity!
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