International Business I

University of New Mexico via Coursera

Go to Course: https://www.coursera.org/learn/international-business

Introduction

**Course Review: International Business I on Coursera** In today’s interconnected world, understanding the complexities of international business is more crucial than ever. Coursera offers an insightful course called "International Business I" (Global Business Environment, Part I), which delves into the key determinants of economic development and prosperity through the lens of globalization. This course is a must for anyone interested in enhancing their knowledge of how businesses operate on a global scale. ### Course Overview "International Business I" gives students a comprehensive introduction to the socio-economic, political, cultural, and linguistic environments in which international businesses thrive. Its inquiry-based approach not only stimulates critical thinking but also enhances understanding of country-level relationships affecting global commerce. This course lays a solid foundation for students who aspire to work in international markets or aim to understand the global landscape affecting local businesses. ### Syllabus Breakdown 1. **Week 1: What is Globalization?** The course kicks off with a fundamental question that sets the stage for the ensuing discussions. Students explore the definition of globalization, its origins, and its relevance in modern business practices. 2. **Week 2: Is Globalization New?** This week challenges perspectives on globalization by examining its historical context. It encourages learners to acknowledge that while globalization feels contemporary, its roots trace back centuries. 3. **Week 3: How do Political and Social Institutions impact National Economic Development?** Diving deeper, this segment elucidates the role of political and social institutions in shaping economic outcomes. Case studies offer real-world examples that connect theoretical frameworks with practical implications. 4. **Week 4: What is the Role of Culture?** Understanding culture is paramount in international business. This week imparts insights into how cultural nuances impact business interactions, decision-making processes, and marketing strategies across different regions. 5. **Week 5: What are the Gains from Trade?** This segment elucidates the benefits of international trade, making a case for its importance in stimulating economic growth. Interactive discussions and exercises encourage students to analyze trade scenarios critically. 6. **Week 6: Free Trade, Free-r Trade or Managed Trade?** The course concludes by addressing the contentious topic of trade policies. Students weigh the pros and cons of various approaches to trade, cultivating an understanding of how these policies shape international business. ### Why You Should Enroll "International Business I" is particularly beneficial for students pursuing careers in international relations, global business management, and economic development. The skills and knowledge acquired throughout the course are applicable across a broad range of sectors, making it a versatile addition to your academic portfolio. The inquiry-based learning methodology fosters engagement and critical analysis, challenging students to think beyond textbook definitions and explore the dynamic nature of global interactions. With a blend of lectures, case studies, and discussions, this course promises a rich learning experience. ### Final Recommendation I highly recommend "International Business I" for anyone interested in the multifaceted world of global business. The course is well-structured, informative, and delivered by knowledgeable instructors, ensuring that you gain not only theoretical insights but also practical understanding. Whether you are a business student, a professional looking to pivot into international markets, or simply someone intrigued by the dynamics of globalization, this course will equip you with the essential tools and knowledge required to navigate the global business environment effectively. Enroll today, and take the first step toward mastering international business!

Syllabus

Week 1

What is Globalization?

Week 2

Is Globalization New?

Week 3

How do Political and Social Institutions impact National Economic Development?

Week 4

What is the role of Culture?

Week 5

What are the Gains from Trade?

Week 6

Free Trade, Free-r Trade or Managed Trade?

Overview

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 Environm

Skills

Environmental Economics Global Marketing Trading Market (Economics)

Reviews

I took this course to see if it will fuel my interest in internatonal business and it did! DT is a great instructor - very clear when explaining terms and situations.

It was an interesting and helpful course as it covers many areas explain the global business environment, history, culture and the mechanism of the world trade organization.

I can't believe that, it's marvelous and very benefit site, easy to learn and improve your abilities.\n\nLots of thanks for every one share in this site and it's success.

Very well defined and structured. I will recommend for every management student to go through the course for clear understanding of concepts in a simplified way.

The course helps to understand the ways in which the business functions across the globe. It covers various aspects and the development of trade over the time