International Business

Description

【CJSP/TAISI Course】Traditionally, foreign markets for companies were merely places where they exported domestically produced products and imported raw materials. Today, it is common for companies to produce products abroad, provide services to local customers, and conduct research and development in many different countries, irrespective of their nationality, industry, or size. Once the activities and organizations of a company become globalized across national borders, problems arise that cannot be fully explained in existing academic disciplines, which have assumed that companies remain within their borders. International business is an interdisciplinary/cross-disciplinary study using knowledge, concepts, and framework systematized in various academic fields, such as business administration, economics, politics, sociology, and psychology, to solve problems unique to international business. In this lecture, we will study the principle of internationalization of firms. We will also consider what principle the internationalization of a company will increase efficiency and benefit the company, the individual, the economy, and society. Furthermore, we will learn how companies organize and manage various business activities that have spread around the world. The goal of this class is to acquire the ability to examine how changes in environmental factors surrounding a company will affect its internationalization. We will learn theoretically and empirically about how international