Course Leader: Dr Gülcin Polat

Home Institution: Pamukkale University, Denizli, Turkey

Course Description:
The course uses a comprehensive approach to international business and trade by looking at various facets of the subject. The main objective of the course is to enable the students to understand international business environment, entry strategies to international markets, management of the international business as well as to empower them with the knowledge related to foreign trade transactions and basic rules of international trade.

Learning Objectives:
Upon successful completion of this course, students will be able to:

• Analyze the global environment for international business.
• Explain how the economic, political/legal, financial and cultural environments affect international business operations.
• Understand and be able to differentiate the varied strategies for entering the international markets.
• Explain the regional economic integrations in the world.
• Understand foreign trade transactions, including delivery and payment issues, customs documentation etc.
• Discuss the risks of international trade and propose proactive actions against the risks.

Suggested topics:

1- Introduction to International Business and Globalization

2- Barriers to International Trade, Liberalization of International Trade and International Organizations

2-Regional Economic Integrations

3-Entry Strategies to International Markets

4- International Monetary System

5- International Business: Cultural Challenge

6- Management and Organization of International Business

7- International Business Operations- Production

8- International Business Operations- Marketing

9- International Business Operations- Human Resources Management

10- Foreign Trade Transactions: Export, Import and CounterTrade

11- Risk Management in Foreign Trade

12- Customs Practices and Procedures, Documents in International Trade

13-INCOTERMS

14-Payment Terms in International Trade

Instructional Methodology:
Instructional Methodology will include a combination of lectures, class discussions, presentations and case studies.

Course Evaluation:
Short essay assignment: %40
Students are required to select one topic and to prepare a research paper under the guidance of the instructor and their peers.
In-Class Participation: %10
Final Examination: %50

Reading Material:

A list of recommended readings will be provided by the lecturer.