| 1.
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Analyze international trade data and identify major trading groups (of
countries), their predominant trading partners, their economic status
(industrialized, less developed, etc.), and categories of products
traded (raw materials, manufactured goods, and services). (I)
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| 2.
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Distinguish international investment from international trade and
describe the role of each in the field of international business. (I)
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| 3.
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Compare and contrast various forms of business organization for
international investment (joint venture, foreign subsidiary,
franchise, etc.). (I)
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| 4.
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Name major international organizations (such as World Bank, United
Nations, etc.) and describe the role of each in international
business. (I)
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| 5.
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Describe international currency exchange including major money
markets, spot and forward rates, fixed and floating exchange rates,
and the role of the International Monetary Fund. (II)
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| 6.
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Analyze the effects of financial forces such as balance of payments,
inflation rates, interest rates, and tariffs on international business
practices. (II)
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| 7.
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Given examples of cultural differences that affect how business is
conducted in foreign countries including blunders of business and
social etiquette. (III)
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| 8.
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Describe country risk and the legal political forces that contribute
to it. (III)
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| 9.
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Evaluate the effects of labor forces, competitive forces, and economic
forces on the international competitiveness of a country. (IV)
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| 10.
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Describe how to analyze a potential international market by screening
for need, financial, political, legal, sociocultural, and competitive
forces. (IV)
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| 11.
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Name sources of date for country-specific information needed for
market analysis. (IV)
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| 12.
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Outline a strategy for promotion of a product in a foreign country.
(IV)
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| 13.
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Describe how to locate foreign suppliers for goods to be imported. (V)
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| 14.
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Describe channels of distribution for exports including foreign
distributors and agents. (V)
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| 15.
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Define shipping terms. (V)
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| 16.
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Identify documents required for exporting and importing, including
commercial documents, banking documents, transportation documents, and
government control documents. (V)
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| 17.
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Describe the magnitude of international trade conducted by
multinational corporations and their subsidiaries. (VI)
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| 18.
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Explain trends toward standardization and globalization within
multinational enterprises. (VI)
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| 19.
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Give examples of cultural, environmental, and governmental limitations
on a firm's ability to standardize operations globally. (VI)
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| 20.
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Define and give an example of voice, data, and video communications,
including Internet, satellite/audio/video conference, fax and
electronic mail. (VI)
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| 21.
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Perform the steps necessary to connect to Internet and send as well as
receive a message. (VI)
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