This course analyzes the impact of globalization on business. It is designed to help students develop their capacity for working in a global business environment by discussing ethical and political issues, future scenarios for a multi-centric world, and imprinted views on what is “good” and what is “bad.” Students will investigate a wide range of topics including:
- Global challenges for business
- Culture, diversity, and the digital divide
- The paradox of corporate personhood
- Free trade versus fair trade
The course project is a Strategic Entry Report: Developing a Plan for a Business Operation Abroad. The report will include an overview of the cultural, political, and macroeconomic environment in a target country and region, and an estimate of the costs and political risks of doing business there. Students will make a supported, clear-cut, yes-or-no recommendation on whether to establish a business operation in the target country.
Course Learning Objectives
- Adopt and demonstrate in practice the perspectives of global citizenship, especially as a member of a business organization.
- Apply critical, systemic, and creative thinking in the identification, evaluation and resolution of problems, issues, and challenges confronting enterprises operating in the global marketplace.
- Communicate effectively and persuasively both orally and in written form, in a variety of multi-cultural contexts.
- Access, analyze, synthesize, and share information pertinent to the conduct of global business utilizing state-of-the-art technology.
- Demonstrate mastery of the theories, skills, and competencies mandated by the rapidly globalizing business environment.
- Identify and evaluate effectively to the socio-economic, political, cultural, technological and, legal and competitive forces currently pushing firms and industries to become global.