CABM Module 1000 Syllabus




CABM Module 1000 – International Business

1000.1   Global Business Strategies
1000.1.1   Understand the international strategy formulation process
1000.1.2   Identify the major types and levels of international strategies

1000.2   Global Organization Structure and Control
1000.2.1   Discuss the important issues that influence the choice of organizational structure
1000.2.2   Describe each type of global organizational structure
1000.2.3   Explain the importance of work teams in globalization

1000.3   International Marketing
1000.3.1   Explain the impact of globalization is having on international marketing activities
1000.3.2   Describe the major issues to consider when developing international product strategies
1000.3.3   Discuss the major factors influencing international promotional strategies and the blending of product / promotional strategies
1000.3.4   Explain the main elements to consider when designing international distribution strategies
1000.3.5   Discuss the main elements that influence international pricing strategies

1000.4   International Finance
1000.4.1   Discuss the purposes of financial centers of the international capital markets
1000.4.2   Describe the major components of the international capital markets such as bonds, equity, and Eurocurrency markets
1000.4.3   Discuss the primary functions of the foreign exchange market
1000.4.4   Understand how the foreign exchange market works in terms of quoting currencies and giving different exchange rates
1000.4.5   Describe the foreign exchange market in terms of financial instruments and institutions
1000.4.6   Explain why and how governments restrict currency convertibility factors
1000.4.7   Describe major sources of financing and the main financial instruments used in international business

1000.5   International Trade and Investment
1000.5.1   Explain why and how companies use exporting, importing, and countertrade activities, including export/import financing arrangements
1000.5.2   Describe the different types of contractual entry modes
1000.5.3   Explain the various types of investment entry modes
1000.5.4   Discuss the important strategic factors in selecting an entry mode
1000.5.5   Describe the relation between the international trade volume and the world output, and identify overall trade patterns
1000.5.6   Describe mercantilism, and explain its impact on the world powers and their colonies
1000.5.7   Explain absolute advantage and comparative advantage and identify their differences
1000.5.8   Explain the factor proportion theory and the international product life cycle theory
1000.5.9   Explain the new trade theory and the national competitive advantage theory
1000.5.10   List and explain the methods governments use to promote international trade
1000.5.11   List and explain the methods governments use to restrict international trade
1000.5.12   Define global trading system and discuss the importance of the World Trade Organization (WTO) in promoting free trade
1000.5.13   Describe worldwide patterns of foreign direct investment (FDI) and reasons for these patterns
1000.5.14   Describe the major theories that attempt to explain why FDI occurs
1000.5.15   Discuss the important management issues in the FDI decision
1000.5.16   Explain why governments intervene in the free flow of FDI
1000.5.17   Discuss the policy instruments that governments use to promote and restrict FDI

1000.6   International Money and Banking
1000.6.1   Explain how exchange rates influence the activities of domestic and international companies
1000.6.2   Identify the major factors that help determine exchange rates and their impact on business
1000.6.3   Describe the primary methods of forecasting exchange rates
1000.6.4   Discuss the evolution of the current international monetary system, and explain how it operates

1000.7   International Cultures
1000.7.1   Describe culture, and explain the significance of both national culture and subcultures
1000.7.2   Identify the major components of culture, and describe their impact on business activities globally
1000.7.3   Describe the main frameworks used to classify cultures and explain their practical use

1000.8   International Economics
1000.8.1   Define economic systems, describe what is meant by a centrally planned economy, and explain its failures and challenges
1000.8.2   Identify the main characteristics of a mixed economy and explain the emphasis on privatization
1000.8.3   Explain how a market economy works and identify its distinguishing features
1000.8.4   Describe the different ways to measure a nation’s level of economic development
1000.8.5   Discuss the process of economic transition and identify the obstacles for businesses

1000.9   International Law and Ethics
1000.9.1   Describe the main types of political systems in the world
1000.9.2   Identify the origins of political risk and how managers can reduce its effects
1000.9.3   List the main types of legal systems, and explain how they differ
1000.9.4   Describe the major legal and ethical issues facing international companies
1000.9.5   Explain how international relations affect international business activities

1000.10   International Human Resources
1000.10.1   Explain the major types of staffing policies used by international companies
1000.10.2   Describe the recruitment and selection issues facing international companies
1000.10.3   Discuss the importance of training and development programs, especially cultural training
1000.10.4   Explain how companies compensate managers and workers in international markets
1000.10.5   Describe the importance of labor-management relations and how they differ globally

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