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Excerpt from course description

International Business Environment

Introduction

The international business environment course will help students understand how to conduct business internationally. The course will in particular focus on the political and legal environment, which has an enormous influence on business related to tariffs, investments, trade etc. The students will acquire knowledge about the international and multinational organizations that drive and facilitate processes of global economic integration. Such organizations comprise the International Monetary Fund, the World Bank, and the World Trade Organizations as well as regional agreements such as the EU and the revised NAFTA (North American Free Trade Agreement). To succeed in international business an understanding of the organizations that regulate cross-border business activities is essential. to succeed in international business it is also essential to understand how the UN's Agenda 2030 for Sustainable Development is creating a new business environment.

The course will also present and discuss developments challenging this world order. This perspective will then incluce disadvantages linked with globalization such as environmental issues, climate change, and ethical issues linked with working conditions, the treatment of workers and corruption, is critical for working in an international business environment.

Course content

The course relies on theoretical concepts, empirical evidence, and a broad understanding of international institutional environments. Case studies will illustrate and advance theoretical concepts developed in the lectures.

  • Understanding institutions
  • The regulation of international trade
  • Key international organizations
  • Regional dynamics, emerging economies
  • Global challenges: the environment, labour standards, poverty

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.