What is globalization? Is outsourcing always bad? Do rich corporations always take advantage of poor countries? These are some questions you might have when you think about international business. You will learn many theories in this class to help you understand how to run a business in an international setting.
In the first half of the course, you will review some basic concepts like the different political systems, cultural elements, and trade agreements you will come across. You will look at the differences among developed world, developing world, and emerging markets. The second half of the course covers various business topics in an international setting, including expansion, strategy, human resources, marketing, and accounting.
Even if you do not plan to be an international manager, you can use many concepts from this class at work. We live in a highly globalized society; many products are made in other countries, and customers from all over the world do business with American companies. Sooner or later, you will experience an international challenge at work, and, after having taken this course, you will have the knowledge and confidence to work through it.