Ch 23: The Global Business Environment: Lesson Plans

About This Chapter

The Global Business Environment chapter of this course is designed to help you plan and teach issues faced by global businesses in your classroom. The video lessons, quizzes and transcripts can easily be adapted to provide your lesson plans with engaging and dynamic educational content. Make planning your course easier by using our syllabus as a guide.

Weekly Syllabus

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;
Regional integration
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

10 Lessons in Chapter 23: The Global Business Environment: Lesson Plans
Test your knowledge with a 30-question chapter practice test
Major Drivers of Globalization & Institutions that Shaped the Process

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.

Internationalization & Globalization of Businesses

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.

International Companies' Operating Environments

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.

Benefits & Costs of the Globalization of Business

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.

Government-Business Relations in Global Business

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.

Managing in International Companies

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.

Political & Economic Systems in Global Business

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.

Regional Integration: Definition, Influence & Purpose

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.

Ethical Issues in International Business

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.

What Is Economic Growth and Development? - Definition, Theories & Indicators

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.

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

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