Study Guide

Objective

Student:
-understands the importance of business culture and organizational culture in multicultural business relationships
-possesses the ability to adapt to foreign cultures
-is familiar with trade within selected market regions
-has knowledge of trade policy organizations and their impact on global trade

Content

-the importance of business culture and organizational culture in multicultural business relationships
-foreign cultures
-trade within selected market regions
-trade policy organizations and their impact on global trade

Qualifications

Basics of International Business

Assessment criteria, satisfactory (1)

Is familiar with trade within a specific market region
Has a comprehensive understanding of how different cultures and regions can be categorized
Understands how trade policy organizations influence global trade
Has the ability to gather information from various sources and understands the importance of its accuracy and reliability
Can act ethically and communicate professionally
Is aware of issues related to sustainability and responsible conduct in business relationships

Assessment criteria, good (3)

Has good knowledge of different market regions
Has a strong understanding of foreign cultures
Understands how trade policy organizations influence global trade and is well-acquainted with several trade policy organizations
Has the ability to assess the accuracy and reliability of information
Can act ethically and communicate professionally
Can reason about issues related to sustainability and responsible conduct in business relationships

Assessment criteria, excellent (5)

Has in-depth knowledge of different market regions
Has a deep understanding of foreign cultures and knows how to apply this knowledge
Has an advanced understanding of various trade policy organizations
Has an excellent insight into the connection between theory and practice
Takes initiative, acts ethically, and communicates professionally in various situations
Can reason about and apply an understanding of sustainability and responsible conduct in business relationships