About This Chapter
Below is a sample breakdown of The Global Business Environment chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.
|Day||Topics||Key Terms and Concepts Covered|
|Monday|| Drivers of globalization and institutions that shaped the process; |
Internationalization and globalization of businesses
| World Trade Organization, World Bank and International Monetary Fund; |
Imports, exports, licensing, joint venture, wholly-owned subsidiaries and strategic partnerships
|Tuesday|| Operating environments; |
Benefits and cost
| Domestic, foreign and international environments; |
Globalization and International Monetary Fund
|Wednesday|| Government-business relationships;|
Managing in international environments
| Public policies, fiscal policy, monetary policy and social services policy; |
Political, legal and technical environments, socioculture and technical aspect
|Thursday|| Political and economic systems;|
| Democracy, military dictatorships, authoritarian rule, free enterprise system, central state control and constructive engagement; |
Economic integration, free trade agreement, customs union, common market and economic union
|Friday|| Ethical issues;|
Economic growth and development
| Corruption and Caux Round Table; |
Gross domestic product and Human Development Index
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
7. 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.
8. 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.
9. 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.
10. What Is Economic Growth and Development? - Definition, Theories & Indicators
A country's economic health can usually be measured by looking at that country's economic growth and development. This lesson defines and explains economic growth and economic development, including the role of U.S. foreign aid.
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Other chapters within the Business Ethics Syllabus Resource & Lesson Plans course
- Business Ethics Overview: Lesson Plans
- Employees, Stockholders, & Corporate Governance: Lesson Plans
- Management in Organizations: Lesson Plans
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- Diversity in the Workforce: Lesson Plans
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- Business-Government Relations: Lesson Plans
- Government Regulation on Business: Lesson Plans
- Political Parties & Lawmaking: Lesson Plans
- Business & the Political Environment: Lesson Plans
- Composition & Roles of the Executive Branch: Lesson Plans
- The Federal Judicial Branch: Lesson Plans
- Antitrust Laws in Business: Lesson Plans
- Corporate Social Responsibility & Citizenship: Lesson Plans
- Business & the Community: Lesson Plans
- The Media's Impact on Business: Lesson Plans
- Consumer Rights & Regulations: Lesson Plans
- Ethics in Advertising: Lesson Plans
- Strategies of Special Interest Groups: Lesson Plans
- Technology, Business, & Society: Lesson Plans
- Environmental Issues in Business: Lesson Plans
- International Trade & Business Law: Lesson Plans