BME102 Topics

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BME102 – INTERNATIONAL BUSINESS AND TRADE

WEEK /
TOPICS
INCLUSIVE DATES
Introduction and Background of International Business
• Definition
• Rise of International Business
• Philippines’ Position in International Trade
Week 3
Globalization
• Definition
• Rise of Globalization
• Advantage and Disadvantages
Ethics and Social Responsibility
• Responsibility of International Business
• Benefits for the Company
• Social Issues and Fair Trade
Week 4
• Environmental Stewardship
International Trade Theories
• Advantages of Specialization
• Concept of Comparative Advantage
Week 5 PRELIM EXAMINATION
International Monetary System
• Role of the International Monetary Fund (IMF)
Week 6 • Fixed and Floating Exchange Rates
• Impact of European Currency (Euro)
• Calculation of Foreign Exchange Rates
International Financial Markets
Week 7
• Foreign Exchange Market Functions
• Levels of Economic Integration
Week 8 • Various Arguments of Economic Integration
• Organization of the European Community
Week 9 MIDTERM EXAMINATION
Trade and Investment Policies
Week 10 • Role of Foreign Aid in International Trade and Investment
• The Goals and Function of GATT and NAFTA
The Cultural Challenge
Week 11 • Role of Culture in International Business
• Identify Various Elements of Culture
Starting International Operations
• Various Entry Strategies Used by Firms to Initiate International Business
Week 12 Activity
• Indirect Exporting and Importing
• Advantages and Disadvantages of Licensing
Week 13 PRE-FINAL EXAMINATION
International Logistics
• Scope and Definition
• Importance
Week 14
• Best Practices
• Today’s Structure or Setting
• Position of the Philippines
International Marketing
• Scope and Definition
• Importance
Week 15
• Best Practices
• Today’s Structure or Setting
• Position of the Philippines
1
International Production and Supply Chain
• Scope and Definition
• Importance
Week 16
• Best Practices
• Today’s Structure or Setting
• Position of the Philippines
International Human Resources
• Scope and Definition
• Importance
Week 17
• Best Practices
• Today’s Structure or Setting
• Position of the Philippines
Week 18 FINAL EXAMINATION

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