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Global Business Environment CD-Rom Training Software

Price: $179.00

Training Course ID: 46501

Course Description / Outline:

The IInternational Business Essentials: The Global Business Environment Computer Based Training CBT Course provide students an overall view of how the global environment operates, how culture affects international business, and helps students become familiar with foreign exchange. The program covers various cultural orientations, teaches students how to apply foreign exchange rate equations, and offers cultural overviews of Africa, Asia, Europe, the Middle East, and the Americas. The program focuses on the importance of being culturally competent. Students also learn how to define the PPP theory, how to identify guidelines for conducting business with people of different cultural orientations, and how to adhere to the basic business practices, protocol, and behavior styles of other cultures.

Learn To

• Identify the four types of business strategies.
• Identify steps for developing cultural competence.
• Identify guidelines for conducting international business in future-oriented cultures.
• Demonstrate and understanding of foreign exchange rates.
• Define spot exchange rate.
• Follow guidelines for conforming to African business practices, protocols, and behavior styles.
• Demonstrate knowledge of how Asians conduct business.
• Identify guidelines for practising business successfully in North America.
  

Total Training Time

6 to 12 hours

Training Objectives

International Business Training Unit 1: The Global Environment (0.5 - 2 hours)

• Identify the four types of business strategies.
• Define cultural competence.
• Identify steps for developing cultural competence.
• Identify guidelines for conducting international business in future-oriented cultures.
• Demonstrate familiarity with various cultural orientations.
• Identify guidelines for conducting business with people of different cultural orientations.
• Simulation Overview:
• In the simulation at the end of this unit, you will meet with Bonita Goodson, a Personnel Manager in theHuman Resources Department of Icon's Financial Services Division in New York. One of Bonita's responsibilities is to ensure that any Icon employee who is going to work internationally is prepared for the cultural differences he or she will encounter. Today, she is going to talk to you about the different culturalorientations you should be aware of when conducting business internationally. She will show you several different videos of meetings that have taken place between Icon and some of its international businesspartners. She will ask you to identify the cultural orientation you see being displayed, and what is the appropriate way to respond to that orientation.
  

• Identify the functions of the foreign exchange market.
• Define spot exchange rate.
• Identify factors that provide insurance against foreign exchange risk.
• Demonstrate understanding of the factors that prevent foreign exchange risk.
• Define PPP theory.
• Define Law of one price.
• Demonstrate familiarity with the PPP theory.
• Demonstrate familiarity with the Law of One Price.
• Demonstrate an understanding of foreign exchange rates.
• Simulation Overview:
• In the simulation at the end of this unit, you will meet with Roger McAlister, an International Finance Analyst in Icon's Financial Services Division in New York. Roger has extensive experience working with the Foreign Exchange, and he has agreed to meet with you to ensure that your understanding of the exchange is correct. He will ask you a series of questions to help you identify the strengths and weaknesses of your understanding of the Foreign Exchange.
  

International Business Training Unit 3: Cultural Overviews (1 hour)

• Follow guidelines for practicing business successfully in Africa.
• Demonstrate knowledge of how Africans conduct business.
• Follow guidelines for conforming to African business practices, protocols, and behavior styles.
• Identify guidelines for handling behavior styles in Asia.
• Demonstrate knowledge of how Asians conduct business.
• Identify guidelines for adhering to business protocol in Europe.
• Follow guidelines for conforming to Asian business practices, protocols, and behavior styles.
• identify guidelines for practicing business successfully in North America.
• Simulation Overview:
• In the simulation at the end of this unit, you will conduct two separate meetings with representatives from two companies with whom Icon is entering into joint ventures. First, you will travel to Pretoria to meet with Daisy Meshoe and Joseph Holomisa, the representatives of United Mining, Inc. You must formally establish the business relationship between Icon and United and discuss the initial details of Icon's joint venture with United in the purchase of mining equipment. Next you travel to Tokyo. Your goal is to establish a formal relationship with Tetsuzo Sanusoto of Sanusoto Technology and discuss the initial details of a joint venture regarding the development and production of a personal digital assistant.