To provide learners the skills and knowledge required to develop an understanding of the basic issues involved in international business.

080301 Business Management

BS509B - Introduction to International Business

Elements of Competency

Each element of competency is a specific skill or level of knowledge standard or benchmark , for training and assessment purposes that is required to be achieved as an outcome.

BS502B
 
Learning Outcome 1
Discuss the impact of globalisation on the world economy and on Australia ’s economy
Learning Outcome 2
Discuss the influence of a nation’s culture and political, economic and legal systems on the practice of international business
Learning Outcome 3
Compare a range of trade theories and examine their implications for business practice
Learning Outcome 4
Discuss the political and economic reasons why governments intervene in international trade and the implications for business practice
Learning Outcome 5
Explain regional economic integration and its implications for business practice
Learning Outcome 6
Describe and compare the different ways in which a business organisation can enter a foreign market
Learning Outcome 7
Explain the effect of globalisation on the marketing of international products and new product development
Learning Outcome 8
Explain strategies which a business organisation can use to expand globally and staffing policies which enhance their chosen strategy
Learning Outcome 9
Compare exchange rate systems and explain the implication of exchange rate movements on international business
 

 

 

 

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Last modified: January 20, 2015