International Management 1

Description

Globalization of markets and industries has created new growth opportunities for companies by enabling access to resources and markets worldwide. However, managing across different cultures, administrative systems, geographic distances, and economic structures presents unique managerial challenges. This course integrates existing knowledge of business functional areas into an internationally oriented perspective by evaluating the global environment and considering the firm's future international direction. It addresses challenges of managing cross-border activities and explores strategic alternatives available to companies in the global economy. The course further examines strategic options for key functions such as marketing, manufacturing, human resources, and finance, all linked to the firm's overall global strategy. By the end of the course, students will be able to: 1. Assess economic interdependence among nations and understand how global events affect domestic business operations and firm competitiveness; 2. Explain fundamental theories, concepts, and reasoning behind international business operations; 3. Analyze the global environment considering cultural, demographic, social, political, legal, economic, and technological factors influencing business operations.