Management Training | Global Business Strategy Masterclass in Philadelphia

Global Business Strategy Masterclass Course Outline

Module 1: Introduction to Global Business

• What is Global Business?
• Why Do Companies Go International?
• Global Perspective of International Business
• Challenges in Global Business

Module 2: Culture Challenge in International Business

• What is Culture?
• Culture and Its Elements
• Culture in the Workplace

Module 3: Theories of International Trade and International Investment

• International Trade in General and Its Importance
• Mercantilism
• Theory of Absolute Advantage
• Theory of Comparative Advantage
• Factor Proportions Model
• Product Life Cycle Theory of Trade
• Contemporary Trade Theories
• Practical Tips

Module 4: Monetary System in the International Arena

• International Transactions
• Balance of Payments (BOP)
• Foreign Exchange Market
• International Monetary System
• Gold Standard

Module 5: Global Strategic Planning

• Introduction to Global
• Strategic Planning
• Strategic Planner in a Global Multicultural Environment

Module 6: Entering the International Market

• Concerns and Issues of Going International
• International Business Research
• Distribution and Sales Channel Identification
• Foreign Market Entry Strategies

Module 7: International Accounting, Finance, and Taxation

• Environment of Global Financial Markets
• Global Equity Markets
• Environment of International Financial Accounting
• International Financial Reporting
• Auditing in an International Environment
• International Taxation and International Transfer Prices

Module 8: International Operations Management

• What is Operations Management?
• What Do Operations Managers Do?
• Operations Management
  • International Arena
  • Applications
• Project Management

Module 9: Strategic HRM of International Assignments

• Types of International Personnel
• Strategic Planning and Job Analysis
• Recruitment and Selection of International Employees
• Adjustment of the Expatriate Manager
• Process of Cross-Cultural Adjustment
• Integrated Cross-Cultural Adjustment Model
• Compensation of International Employees
• Repatriation and Retention

Module 10: Business in the Industrialized Countries

• Economic and Demographic Forces
• Demographic Forces
• Income and Purchasing Power
• Labour Forces
• Political, Legal, and Regulatory Forces
• Technological Forces
• Social and Cultural Forces
• Consumer Behavior in the Industrialized Countries
• Cultural and Social Factors