Course Description

Pre-requisite: Students are not allowed to take both this course and GLA2003 Global Business and Management or GDS1004 Global Business and Sustainable Development

This course helps students to develop a broader understanding of the business world around them and of the importance of international business to their future business careers in Hong Kong or elsewhere. There are five major component parts in this course.

- Part one defines globalisation, describes its drivers, and debates its merits and drawbacks.

- Part two focuses on national differences in political economy, culture and ethics and the implications of these differences for ethical decision marking.

- Part three presents a thorough review of international trade theories and describes the trade and investment environment in which international business occurs.

- Part four introduces the background to foreign exchange and describes the global monetary systems in which international business transactions are conducted.

- Part five examines alternative entry strategies that international business adopts and explains the key stages in importing, exporting and countertrade.