- Course type: Self-paced
- Available Lessons: 105
- Average Lesson Length: 8 min
Eligible for Credit: Yes
Earn transferable credit by taking this course for credit.
Watch a preview:chapter 1 / lesson 1What is Globalization? - Definition, Effects & Examples
Course SummaryBusiness 120: International Business has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. With this self-paced course, you get engaging lessons, expert instructors who make even the most challenging business topics simple, and an excellent resource for getting a head start on your degree.
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Course Practice TestCheck your knowledge of this course with a 50-question practice test.
- Comprehensive test covering all topics
- Detailed video explanations for wrong answers
In this engaging Business 120: International Business course, you'll study topics including international trade, global economic development, currency and exchange rates. You'll also examine global marketing, the impact of globalization on business and business ethics on a global scale.
Your grade for this course will be calculated out of 300 points. The minimum score required to pass this course is 210 points, or an overall course grade of 70%. The table below shows the assignments you must complete and how they'll be incorporated into the overall grade.
|Proctored Final Exam||200|
Quizzes are meant to test your comprehension of each lesson as you progress through the course. Here's a breakdown of how you will be graded on quizzes and how they'll factor into your final score:
- You will have 3 attempts to take each quiz for a score.
- The highest score of your first 3 attempts will be recorded as your score for each quiz.
- When you've completed the course, the highest scores from your first 3 attempts at each quiz will be averaged together and weighed against the total possible points for quizzes. For instance, if your average quiz score is 85%, you'll receive 85 out of 100 possible points for quizzes.
- After your initial 3 attempts, you can take a quiz for practice as many times as you'd like.
- You will need to pass each quiz with a score of at least 80% to earn course progress for the lesson. However, it is not necessary to earn 80% within the first three quiz attempts.
Proctored Final Exam
The proctored final exam is a cumulative test designed to ensure that you've mastered the material in the course.
- You'll earn points equivalent to the percentage grade you receive on your proctored final. (So if you earn 90% on the final, that's 180 points toward your final grade.)
- If you're unsatisfied with your score on the exam, you'll be eligible to retake the exam after a 3-day waiting period.
- You can only retake the exam twice, so be sure to use your study guide and fully prepare yourself before you take the exam again.
Items Allowed on Study.com Proctored Exam for Business 120: International Business
- Blank scratch paper
- Pen or pencil
Items NOT Allowed on Study.com Proctored Exam for Business 120: International Business
- Office programs, web browsers, or any programs other than Software Secure (including Study.com lessons)
- Textbooks (digital or physical)
- Mobile phones, headphones, speakers, TVs, or radios
- Notebooks or notes
- Any calculators
Upon completion of this course, you will be able to:
- Explain the concept of globalization in the 21st century
- Analyze the major impacts of globalization on economies at different stages of development
- Explain the concept of Cultural Intelligence (CQ) and the importance of cultural considerations in global business communication
- Identify the financial, legal and political factors to be taken into consideration by international businesses
- Explain how the major international financial and trade organizations and agreements affect the global business
- Compare and contrast the different strategies for international business market entry
- Describe the strategies for and components of international market opportunity assessment and planning
- Explain how currency exchange rates affect economies and business decisions
- Compare and contrast the different approaches to international business organization
- Identify the human resource considerations and ethical issues for international businesses
There are no prerequisites for this course.
Business 120 consists of short video lessons that are organized into topical chapters. Each video is approximately 5-10 minutes in length and comes with a quick quiz to help you measure your learning. The course is completely self-paced. Watch lessons on your schedule whenever and wherever you want.
At the end of each chapter, you can complete a chapter test to see if you're ready to move on or have some material to review. Once you've completed the entire course, take the practice test and use the study tools in the course to prepare for the proctored final exam. You may take the proctored final exam whenever you are ready.
How Credit Recommendations Work
This course has been evaluated and recommended by both ACE and NCCRS for 3 semester hours in the lower division baccalaureate degree category. To apply for transfer credit, follow these steps:
- If you already have a school in mind, check with the registrar to see if the school will grant credit for courses recommended by ACE or NCCRS.
- Complete Business 120 by watching video lessons and taking short quizzes.
- Take the Business 120 final exam directly on the Study.com site.
- Request a transcript to be sent to the accredited school of your choice!
- Check out this page for more information on Study.com's credit-recommended courses.
|Introduction to International Business||Provides an overview of globalization, its development in the last two centuries and issues facing modern businesses.|
|How Culture Affects International Business||Discusses the implications of culture on internal business as well as the concept of CQ Hofstede's cultural dimensions and their affect on business.|
|Global Economic Development||Outlines the stages of economic development and the issues faced by businesses and nations of varying economic development levels.|
|Key Factors in International Trade||Identifies the forces that influence global trade, the factors that affect its regulation and the benefits of this type of trade.|
|International Trade Management & Regulation||Details the international organizations that govern trade, the tools nations use to control trade and the pros and cons of their use.|
|Exchange Rates & Currency Changes||Explores exchange rates, their affects on business and how purchasing power works.|
|International Market Entry Strategies||Explains different strategies businesses use to enter the global market, plus their benefits and disadvantages.|
|International Operations Management||Describes the issues facing global organizations with regard to logistics and the effects of international business on supply chains.|
|Global Marketing & R&D Strategies||Outlines business tools, market research and digital marketing approaches and strategies used in international business.|
|Communication & Decision-Making in Global Business||Reviews communication across cultures, how this is achieved in business and how culture affects decision-making and communication|
|Impact of Globalization on Organizations||Identifies the effects of globalization on businesses of all sizes as well as its impact on corporate organizational structure and culture.|
|Impact of Globalization on Countries||Explains the effects globalization has on a country's environment and workforce, as well as some of the ways these effects can be controlled.|
|Global Business Ethics||Discusses the concept of ethics, the unique ethical issues faced by international businesses and the social and moral responsibilities of these companies.|
|Future of Globalization||Explores the growing landscape of global business, as well as the opportunities and issues faced by international businesses.|
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What to Expect For the Exam
This Study.com course has been evaluated and recommended for college credit. Once you've completed this course, you can take the proctored final exam and potentially earn credit. Follow the steps below to take the exam.
Before taking the exam, all of the following requirements must be met:
|A College Accelerator Study.com membership.|
|Completed all lessons in Business 120: International Business course and achieved 100% Quiz Progress.|
|Not attempted to take this exam within the last three days.|
|Have available proctored exams in this month of membership.|
|Have not taken this exam three times. (0/3)|
|Complete the exam readiness quiz.|
Please meet all of the pre-requirements in the Pre-Exam Checklist in order to take the exam.
Exam Process Details
1. Register For Exam
Registering for the exam is simple. First, be sure you meet the system requirements. Next, you'll need to agree to the academic integrity policy. Then just confirm your name and the exam name, and you're ready to go!
2. Download Software Secure
You'll receive an unique access code. Please write this down — you'll need it to take the exam. Then download Software Secure and follow the installation instructions.
3. Take Exam
The exam contains 50 - 100 multiple choice questions. You will have two hours to complete the exam, so don't start until you're sure you can complete the entire thing. And remember to pace yourself!
4. Get Exam Results
We will send you an email with your official exam results within 1 to 2 weeks. If you would like to raise your grade after receiving your exam results, you can retake quizzes with fewer than 3 attempts. You will then need to retake the final exam.
Earning College Credit
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