COURSE DETAILS

Unit 1: Introduction to International Business

Students will describe key concepts related to international business; explain how and why Canada’s major international business relationships have evolved over time; demonstrate an understanding of how globalization has affected international business; describe ways in which international business activity develops interdependence among nations; evaluate the benefits and drawbacks of international trade for Canada; and explain how the global market has affected consumer demand; identify the types of international businesses; describe the impact technology has had on the international business environment; identify the factors that affect foreign exchange rates; explain how the changes in the value of the Canadian dollar can affect business opportunities; identify the types of products that trade freely into and out of Canada

Unit 2: Culture, Politics and Social Responsibility

Students will analyze the ways in which cultural factors influence international business methods and operations; analyze differences across the cultures; compare, management and negotiation strategies with those in Canada; evaluate advantages and disadvantages with regard to business opportunities; analyze the rational for, and the impact of, Canadian government initiatives and policies to international trade ; assess the ways in which political, economic, and geographic factors influence international

business methods and operations; describe the roles corporations can play in setting international and domestic policy

Unit 3: Trade Organizations and Social Responsibility

Students will compare the characteristics of a multinational corporation participating in global business with those of a Canadian company focused on domestic business activity; describe international agreements and organizations that have influenced global business activity; describe Canada’s involvement in international trade organizations; evaluate ethical issues that arise in companies competition internationally; compare Canada with other countries with respect to cultural theories and viewpoints; describe the work conditions in various international markets; explain how globalization creates the need for standardization of products, services and process

Unit 4: Marketing and Logistics

Students will identify the activities that make up marketing; describe the modifications to goods and services to adapt to cultures in other countries; identify the challenges an international company may encounter; explain the importance of understanding consumer differences when marketing globally; identify strategies used by companies to enter foreign markets; compare logistics of delivering a product to a local, national, or international market; describe key factors that influence the ways in which a company may deliver its product to an international market; compare the disadvantages and disadvantages for distributing a product to different world markets

Unit 5: Canada’s Role in International Business

Students will describe Canadian companies that are leaders at the international level and those industries in which Canadian companies have had international success and analyze the reasons for their success; evaluate factors currently affecting the international competitiveness of Canada; explain how Canadian and international companies are affected by increased global business activity; assess how trends in the global marketplace have changed the ways in which an individual might run a business