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ENT430Management Sciences2 Unitsintermediate

International Business Ii

This course provides an in-depth exploration of international business, covering topics such as counter trade, international services, and the roles of central and commercial banks. It examines economic integration, international logistics, and supply chain management. The course also delves into international human resources, accounting, taxation, and strategic planning. Additionally, it addresses cultural aspects, transfer pricing, investment policies, free trade zones, and international business payments, equipping students with a comprehensive understanding of international business operations.

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208h

Study Time

13

Weeks

16h

Per Week

basic

Math Level

Course Keywords

International BusinessCounter TradeEconomic IntegrationSupply Chain ManagementInternational Taxation

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level

Builds on foundational knowledge

65%

intermediate

➕

Math Level

Basic Math

🔬

Learning Type

Hands-on Practice

Course Topics

Key areas covered in this course

1

Counter Trade

2

International Services

3

Central and Commercial Banks

4

Economic Integration

5

Supply Chain Management

6

Human Resources Management

7

International Accounting

8

International Taxation

9

Strategic Planning

10

Culture and Business

11

Transfer Pricing

12

Investment Policies

13

Free Trade Zones

14

Foreign Exchange Market

15

Standardization and Adaptation

Total Topics15 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

International Business Manager

Apply your skills in this growing field

Global Marketing Manager

Apply your skills in this growing field

International Financial Analyst

Apply your skills in this growing field

Supply Chain Manager

Apply your skills in this growing field

International Trade Specialist

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

ManufacturingFinanceLogisticsRetailConsulting

Study Schedule Beta

A structured 13-week journey through the course content

Week

1

Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration

3h

Unit 1: Counter-Trade

3 study hours

•Define counter trade and examine its various types.
•Highlight the advantages and drawbacks of counter trade.
•Discuss government positions and international trade framework consistency.

Week

2

Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration

3h

Unit 2: International Services

3 study hours

•Define international services and examine their role in the world economy.
•Compare and contrast services and products.
•Discuss global transformation and regulation of services.

Week

3

Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration

3h

Unit 3: Roles of Central and Commercial Banks

3 study hours

•Define central and commercial banks and trace the history of the central bank in Nigeria.
•Examine the objectives and statutory roles of the central bank.
•Discuss the structure of commercial banking and its roles in economic development.

Week

4

Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration

3h

Unit 4: Economic Integration

3 study hours

•Explain economic integration and examine its costs and benefits.
•Discuss economic community and the emergence of ECOWAS.
•Examine sub-regional interests and prevailing economic integration problems.

Week

5

Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business

3h

Unit 1: International Logistic and Supply Chain Management

3 study hours

•Define international logistics and supply chain management.
•Examine problems addressed by supply chain management.
•Identify major activities and functions of supply chain management.

Week

6

Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business

3h

Unit 2: International Human Resources Management

3 study hours

•Define human resources management and international human resources management.
•Differentiate between domestic and international human resources management.
•Examine sources for management recruitment and selection criteria for overseas assignments.

Week

7

Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business

3h

Unit 3: International Accounting and Taxation

3 study hours

•Define and explain international accounting.
•Discuss major differences in financial reporting.
•Examine the composition and structure of international taxation.

Week

8

Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business

3h

Unit 4: Strategic Planning In International Business

3 study hours

•Examine strategic planning in international business.
•Discuss the history and benefits of strategic planning.
•Examine the strategic planning process.

Week

9

Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones

3h

Unit 1: Culture and International Business

3 study hours

•Define culture and examine international culture.
•Discuss the various elements of culture.
•Identify the sources of cultural knowledge.

Week

10

Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones

3h

Unit 2: Transfer Pricing

3 study hours

•Define transfer pricing and identify its objectives.
•Discuss the determinants of appropriate transfer pricing.
•Explain internal and external reporting concepts.

Week

11

Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones

3h

Unit 3: Investment Policies

3 study hours

•Define investment policy and investment policy statement.
•Examine the role of the portfolio manager.
•Discuss asset allocation and risk tolerance.

Week

12

Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones

3h

Unit 4: Free Trade Zones

3 study hours

•Define free trade zones and trace their developmental background.
•Examine the structure of free trade zones.
•Discuss criticisms and benefits of free trade zones.

Week

13

Module 4: Origin and Control of International Operations

6h

Unit 1: International Business Payments and Foreign Exchange Market

3 study hours

•Examine international business payments and the foreign exchange market.
•Differentiate between drafts and letters of credit.
•Discuss the complex nature of the foreign exchange market and its determinants.

Unit 2: Standardization versus Adaptation

3 study hours

•Define standardization and adaptation in business.
•Discuss the managerial and contingency perspectives.
•Examine factors affecting standardization and adaptation of products and services.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create detailed summaries of each unit, focusing on key terms and concepts.

2

Develop case studies applying theoretical concepts to real-world international business scenarios.

3

Practice analyzing financial statements from different countries, noting key differences in accounting standards.

4

Review international trade agreements and their impact on business operations.

5

Create concept maps linking supply chain management principles to international logistics.

6

Practice currency conversion calculations and analyze exchange rate fluctuations.

7

Focus on understanding cultural dimensions and their impact on international business negotiations.

8

Review all assignments and tutor feedback, identifying areas for improvement.

9

Allocate specific study time for each module, prioritizing challenging units.

10

Form study groups to discuss complex topics and share insights.

11

Practice answering essay questions, focusing on clear and concise writing.

12

Review key terms and definitions from each unit, creating flashcards for memorization.

13

Simulate exam conditions by completing practice exams within the allotted time.

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