Business Operations in the Global EconomyLaajuus (5 cr)

Objective

After successfully completing this course, the student is expected to be able to:   - recognize the scope and multiplicity of the global business environment - explain and evaluate the reasons and consequences of the FDIs' flow - recognize and explain the effects of the balance of payments content to the national economy - evaluate the risks of international trade flows (export and import) - produce the main international trade documents - recognize the needs of the customs clearence operations

Content

- the structure and flow of world trade - international trade theories - the measures of global competitiveness - the structure and development of the international factors of production - risk management in international trade - export entry options - the essential documents of international trade - payment methods in international trade - the essential principles of the customs clearance - the obligations and responsiblities of the forwarding companies    

Assessment criteria, good (3)

Excellent (5), Good (4-3), Fair (2-1), Fail (0)