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ENT430

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.

About this course

Difficulty
Intermediate
Study hours
208 hours
Maths
Basic
Content
Theoretical, case study
Practical work
Yes
How it is assessed
  • Assignments
  • Tutor marked assignments
  • Final examination

One paragraph, so you can see how it reads

ENT430 · UNIT ONE: COUNTER TRADE

The final examination of ENT428 will be of two-hour duration and have a value of 70% of the total course grade. The examination will consist of questions which reflect the type of self-testing, practice exercises and tutor-marked problems you have come across. All areas of the course will be assessed.

What you should be able to do

  1. Discuss the concept of counter trade and its operations.
  2. Explain the role of international services in the world economy.
  3. Examine the functions of central and commercial banks.
  4. Analyze the costs and benefits of economic integration.
  5. Define international logistics and supply chain management.
  6. Explain the differences between domestic and international human resources management.
  7. Discuss the major differences in financial reporting.
  8. Examine the composition and structure of international taxation.
  9. Critically discuss strategic planning in international business.
  10. Define and explain the concept of culture.
  11. Explain the concept of transfer pricing.
  12. Define and explain investment policy.
  13. Define free trade zones and its meaning.
  14. Examine the international business payment means and foreign exchange market.
  15. Explain the terms standardization and adaptation in business.

What it prepares you for

Careers
  • International Business Manager
  • Global Marketing Manager
  • International Financial Analyst
  • Supply Chain Manager
  • International Trade Specialist
Where it is applied
  • Manufacturing
  • Finance
  • Logistics
  • Retail
  • Consulting

Where it gets hard

The units students slow down on, and what makes each one heavy.

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

    Unit 3: International Accounting and Taxation

    Requires understanding of complex financial reporting standards and international tax laws.

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

    Unit 2: Transfer Pricing

    Involves understanding of complex transfer pricing regulations and their impact on multinational corporations.

A suggested way through it

Suggested

13 weeks, about 42 hours in total. Yours will differ.

  1. Week 1Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration
    • Unit 1: Counter-Trade · 3 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..

  2. Week 2Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration
    • Unit 2: International Services · 3 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..

  3. Week 3Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration
    • Unit 3: Roles of Central and Commercial Banks · 3 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..

  4. Week 4Module 1: Counter-Trade, International Services, Roles of Central and Commercial Banks, Economic Integration
    • Unit 4: Economic Integration · 3 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..

  5. Week 5Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business
    • Unit 1: International Logistic and Supply Chain Management · 3 hours

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

  6. Week 6Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business
    • Unit 2: International Human Resources Management · 3 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..

  7. Week 7Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business
    • Unit 3: International Accounting and Taxation · 3 hours

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

  8. Week 8Module 2: International Logistic and Supply Chain Management, International Human Resources Management, International Accounting and Taxation, Strategic Planning In International Business
    • Unit 4: Strategic Planning In International Business · 3 hours

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

  9. Week 9Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones
    • Unit 1: Culture and International Business · 3 hours

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

  10. Week 10Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones
    • Unit 2: Transfer Pricing · 3 hours

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

  11. Week 11Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones
    • Unit 3: Investment Policies · 3 hours

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

  12. Week 12Module 3: Culture and International Business, Transfer Pricing, Investment Policies, Free Trade Zones
    • Unit 4: Free Trade Zones · 3 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..

  13. Week 13Module 4: Origin and Control of International Operations
    • Unit 1: International Business Payments and Foreign Exchange Market · 3 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 hours

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

Preparing for the exam

What to do
  • Create detailed summaries of each unit, focusing on key terms and concepts.
  • Develop case studies applying theoretical concepts to real-world international business scenarios.
  • Practice analyzing financial statements from different countries, noting key differences in accounting standards.
  • Review international trade agreements and their impact on business operations.
  • Create concept maps linking supply chain management principles to international logistics.
  • Practice currency conversion calculations and analyze exchange rate fluctuations.
  • Focus on understanding cultural dimensions and their impact on international business negotiations.
  • Review all assignments and tutor feedback, identifying areas for improvement.
  • Allocate specific study time for each module, prioritizing challenging units.
  • Form study groups to discuss complex topics and share insights.
  • Practice answering essay questions, focusing on clear and concise writing.
  • Review key terms and definitions from each unit, creating flashcards for memorization.
  • Simulate exam conditions by completing practice exams within the allotted time.

Questions students ask about this course

What is ENT430 about?

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.

How many units does ENT430 have?

ENT430, International Business Ii, has 19 units across 4 modules, over 329 pages of course material. You can read it one unit at a time.

How many credit units is ENT430?

ENT430 carries 2 credit units, at 400 level in Management Sciences.

Is ENT430 hard?

ENT430 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work, and it has a practical component.

How long does ENT430 take to study?

About 208 hours of study, spread across its 19 units.

How is ENT430 assessed?

ENT430 is assessed by assignments, tutor marked assignments and final examination.

What can I do with ENT430?

International Business Manager, Global Marketing Manager, International Financial Analyst, Supply Chain Manager and International Trade Specialist.

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