Ch 62: CEOE Business Education: Globalization and the Global Market

About This Chapter

Let our instructors guide your review of globalization and the global market for the CEOE Business Education exam. These lessons and quizzes offer all the info you need to respond to globalization questions you'll be asked about on the exam.

CEOE Business Education: Globalization and the Global Market - Chapter Summary

Use these brief, but comprehensive, video lessons to refresh your knowledge of the globalization topics you studied in college. You'll quickly get up to speed and ready to answer questions on the CEOE Business Education exam on:

  • Internationalization of business
  • Global business' political and economic systems
  • Purpose of regional integration
  • Global marketplace and its changing landscape
  • Global society and drivers of globalization
  • Government-business relationships in a global environment
  • International expansion methods
  • Ethical concerns in global business

Expert instructors lead these lessons, which offer a flexible study format for your exam prep. You can watch videos at any time your schedule permits, from your home or on the go using your tablet or smartphone. Each lesson comes with a quiz to help you gauge your readiness to take the exam.

Objectives of the CEOE Business Education: Globalization and the Global Market Chapter

Prospective business teachers in Oklahoma are required to pass the CEOE Business Education exam, which assesses your knowledge of essential business topics. You'll be tested on marketing, customer service, entrepreneurship, business management, economics, finance, business technology, info systems and accounting. Questions on the global market will be asked throughout the exam, including in the business management subarea and the economics and finance subarea, which account for 25% and 17% of the exam, respectively. The exam is primarily in a multiple-choice format, though it also includes one constructed-response question.

12 Lessons in Chapter 62: CEOE Business Education: Globalization and the Global Market
Test your knowledge with a 30-question chapter practice test
Internationalization & Globalization of Businesses

1. Internationalization & Globalization of Businesses

When companies decide to do international business, they have a wide variety of methods they can use to actually enter the market. This lesson will discuss those different methods and analyze how they work in an international context.

Political & Economic Systems in Global Business

2. Political & Economic Systems in Global Business

Understanding the different political and economic systems in global business can be a difficult task. We will identify the major types of political and economic systems in which companies operate across the world and the special challenges posed by doing business in diverse settings.

Regional Integration: Definition, Influence & Purpose

3. Regional Integration: Definition, Influence & Purpose

Regional integration is when a group of countries get together and develop a formal agreement regarding how they will conduct trade with each other. There are many different levels of involvement, and in this lesson, we will review the types and how a manager should understand and match them to his or her company's international needs.

The Changing Landscape of the Global Market

4. The Changing Landscape of the Global Market

The global market is still developing, and a market that is developing is dynamic. The constant change offers opportunities and presents risks to countries and their domestic industries. In this lesson, you'll learn about some of these risks and opportunities.

The Global Marketplace: Definition & Overview

5. The Global Marketplace: Definition & Overview

We have been on the fast track to a global market, but are we there yet? In this lesson, we will define global market and discuss some of its key concepts. A short quiz follows the lesson.

Global Society: Definition & Concept

6. Global Society: Definition & Concept

Is our world international or global? Is there even a difference? In this lesson, we'll explore the concept of a global society and consider the evidence that could point to its arrival.

Major Drivers of Globalization & Institutions that Shaped the Process

7. Major Drivers of Globalization & Institutions that Shaped the Process

There are many factors that are responsible for the flourishing of globalization. In this lesson, we will discuss the technological changes and institutions that have driven the process. In the end, you will take a quiz to challenge your knowledge on the subject.

International Companies' Operating Environments

8. International Companies' Operating Environments

International companies' operating environments are complicated due to numerous factors. In this lesson we will identify and describe the three environments in which the international company operates: domestic, foreign and international.

Benefits & Costs of the Globalization of Business

9. Benefits & Costs of the Globalization of Business

Globalization has become a requirement for corporations to remain competitive in the marketplace. In this lesson, you will learn about the definition of globalization and the benefits and costs.

Government-Business Relations in Global Business

10. Government-Business Relations in Global Business

Government-business relations have an impact on international businesses. In this lesson, we will discuss how businesses can work collaboratively with governments and the civil sector to address global issues.

International Business Expansion Methods

11. International Business Expansion Methods

Oftentimes, the best opportunities for a business are not at home but abroad. In this lesson, you'll learn about different methods of taking advantage of the international market. You'll also have a chance to take a short quiz after the lesson.

Ethical Issues in International Business

12. Ethical Issues in International Business

Corporations that tackle the global market face many difficulties. In this lesson, we will examine the ethical issues in international business, such as corruption, pollution, and environmental challenges.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

Earning College Credit

Did you know… We have over 200 college courses that prepare you to earn credit by exam that is accepted by over 1,500 colleges and universities. You can test out of the first two years of college and save thousands off your degree. Anyone can earn credit-by-exam regardless of age or education level.

To learn more, visit our Earning Credit Page

Transferring credit to the school of your choice

Not sure what college you want to attend yet? Study.com has thousands of articles about every imaginable degree, area of study and career path that can help you find the school that's right for you.

Other Chapters

Other chapters within the OSAT Business Education (CEOE) (040): Practice & Study Guide course

Support