BMT700 - International Business Management

Outline information
Semester
Schools offering this subject
Last revision date Apr 6, 2020 8:35:41 AM
Last review date Apr 6, 2020 8:36:08 AM

Subject Title
International Business Management

Subject Description
This course provides students an overview of international business and trade theories in the global economy that creates new opportunities and challenges for Canadian businesses.  Students will learn about country differences, regional economic integrations, government policies in attracting foreign direct investment, global monetary systems, and important factors influencing Canadian businesses to enter and operate in foreign markets.

Credit Status
One credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

  1. Explain the importance of globalization for Canadian managers to expand business operations in international markets.
  2. Analyze country differences in terms of economics, politics, legal structure, culture, business ethics, religion, literacy rate, strategic location and availability of resources to take advantage of numerous opportunities and better prepare for challenges in specific markets.
  3. Explain international trade theories to understand why nations trade with each other.
  4. Demonstrate the role of government intervention in international trade and use of various policy instruments to restrict imports and promote exports.
  5. Illustrate the costs and benefits of foreign direct investment and use of policy instruments to attract foreign direct investment.
  6. Evaluate the pros and cons of regional economic integrations in order to understand their role and importance in international trade for Canadian businesses.
  7. Explain the importance of the global monetary system in determining exchange rates and business strategy.
  8. Illustrate factors influencing a firm's choice of global operations and important strategies used to enter into foreign markets.
  9. Describe important resources available for Canadian exporters to mitigate opportunities and risks involved in exporting.

Essential Employability Skills
Communicate clearly, concisely and correctly in the written, spoken and visual form that fulfils the purpose and meets the needs of the audience.

Respond to written, spoken, or visual messages in a manner that ensures effective communication.

Use a variety of thinking skills to anticipate and solve problems.

Show respect for diverse opinions, values, belief systems, and contributions of others.

Interact with others in groups or teams in ways that contribute to effective working relationships and the achievement of goals.

Manage the use of time and other resources to complete projects.

Take responsibility for one's own actions, decisions, and consequences.

Academic Integrity
Seneca upholds a learning community that values academic integrity, honesty, fairness, trust, respect, responsibility and courage. These values enhance Seneca's commitment to deliver high-quality education and teaching excellence, while supporting a positive learning environment. Ensure that you are aware of Seneca's Academic Integrity Policy which can be found at: http://www.senecacollege.ca/about/policies/academic-integrity-policy.html Review section 2 of the policy for details regarding approaches to supporting integrity. Section 2.3 and Appendix B of the policy describe various sanctions that can be applied, if there is suspected academic misconduct (e.g., contract cheating, cheating, falsification, impersonation or plagiarism).

Please visit the Academic Integrity website http://open2.senecac.on.ca/sites/academic-integrity/for-students to understand and learn more about how to prepare and submit work so that it supports academic integrity, and to avoid academic misconduct.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Accessibility Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.