- Course type: Self-paced
- Available Lessons: 135
- 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 of Business? - Definition, Impact & Effects
Course SummaryBusiness 308: Globalization & International Management has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities. This self-paced course contains engaging video lessons, expert instruction and interactive quizzes. Complete the course to save time and money 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
The course objective is to understand, analyze, and apply the concepts of business, management skills, and market strategies on the international and global scale.
Your grade for this course will be calculated out of 300 points. The minimum score required to pass and earn real college credit for 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||100|
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.
Assignments are intended to assess your application, analysis, and critical thinking skills in relation to the concepts you learn in the course. Two assignments are required for this course. You can access them here.
- All assignment scores will total up to 100 points.
- Your assignment(s) will be graded by a Study.com instructor.
- The instructor will provide a graded rubric for you along with feedback on what you did well and what could be improved.
- If you are unsatisfied with your score, you will be able to revise and resubmit your assignment(s) twice. You are free to resubmit an assignment within two weeks of your most recent exam attempt or at any point if you have an active college accelerator membership.
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 90 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 308:
- Blank scratch paper
- Pen or pencil
Items NOT Allowed on Study.com Proctored Exam for Business 308:
- 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:
- Consider how the global business environment affects businesses, factoring in competition, marketing strategies, and outsourcing
- Evaluate the requirements for leading and managing a diverse workforce and assess the characteristics of international managers
- Compose and lead a team of remote workers, and apply strategies to communicate and collaborate effectively
- Assess the effects of globalization on organizations, taking into account diverse structures and cultures, as well as the challenges human resource management will face
- Connect business law, government, and society with global trade and business
- Analyze the foreign currency exchange, exchange rates, currency depreciation and appreciation, the balance of trade and payments, purchasing power, the Big Mac Index, and the costs of doing business abroad
- Summarize the role of culture and ethics in international management, focusing on Hofstede's cultural dimensions theory as well as on negotiating cultural conflicts and making ethical business decisions
- Break down the history of social responsibility, levels of corporate social responsibility, the concept of serving the bottom of the pyramid, different points of view on global sustainability, and triple bottom line framework
- Judge how worldwide changes will affect business globalization and the global marketplace.
There are no prerequisites for this course, but many students choose to complete Business 101: Principles of Management prior to Globalization and International Management.
Business 308 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 NCCRS for 3 semester hours in the lower and upper division baccalaureate degree categories. ACE has also evaluated and recommended the course for 3 semester hours in the upper 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 either ACE or NCCRS.
- Complete Business 308 by watching video lessons and taking short quizzes.
- Take the Business 308 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.
|Global Business Environments||Consider how the global business environment affects businesses. Survey such concepts as global competition, strategies for global marketing and e-commerce, effects of outsourcing and migrant workers on the world economy, and small businesses in the global market.|
|Global Leadership & Management||Evaluate the management of international companies, including managing a diverse workforce, developing intercultural competence, and implementing quality management systems to monitor organizational behavior.|
|Effect of Globalization on Organizations||Explain globalization in connection to organizational behavior and structure, job satisfaction in foreign countries, teams in a global setting, staffing approaches, HR interactions with a global or international employee base, diversity training, socializing new hires, and global workforce planning.|
|Global Trade & Business Law||Report on the economics, legalities and politics of global trade, expansion methods, marketing strategies and trade organizations, agreements, regulations, theories, restrictions, and protections.|
|Global Business, Government & Society||Correlate the interactions of government and society with global business, and evaluate the major drivers of globalization, interactions between political and economic systems, the concept of global society, partnerships between business and the community, foreign direct investment, and the market imperfections theory.|
|Foreign Exchange Market & Purchasing Power||Analyze the foreign currency exchange, exchange rates, currency depreciation and appreciation, the balance of trade and payments, purchasing power, the Big Mac Index and the costs of doing business abroad.|
|Culture & Ethics in International Business||Dissect Hofstede's cultural dimensions theory, cultural differences, development of corporate cultural awareness, technology's impact on cultures, comparative and absolute advantage, the involvement of government agencies, ethics, environmental issues, and typical mistakes that occur in global marketing.|
|Social Responsibility in Corporations||Break down the history of social responsibility, levels of corporate social responsibility, the concept of serving the bottom of the pyramid, different points of view on global sustainability, and the triple bottom line framework.|
|Changes in the Global Marketplace||Weigh the global market's changing landscape, the process of decision making in a global business, how worldwide change affects business globalization, and the impact and trends of expatriation.|
|Virtual Teams & Project Management||Recognize the advantages of virtual teams. Understand how businesses plan, build, organize, lead and communicate with virtual teams.|
|Crisis Management and International Business||Understand crisis management and how international businesses communicate and learn from crises.|
|Global Marketing Basics||Define global marketing and evaluate the importance of global marketing strategy, the international marketing mix, the 4 Ps of marketing, international external marketing, SWOT analysis, trademarks, brand protection and common global marketing mistakes.|
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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 the entire Business 308: Globalization & International Management course and achieved 100% Course Progress.|
|Not attempted to take this exam within the last three days.|
|Have available proctored exams in this month of membership.|
|Complete the exam readiness quiz.|
Please complete 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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