Be an International Business Professional

International Business, International Marketing, Market Research, Globalization, Export, Import, International Expansion

4.40 (123 reviews)
Udemy
platform
English
language
Industry
category
614
students
7.5 hours
content
Aug 2020
last update
$49.99
regular price

What you will learn

Analyze international business from a multi-centric perspective

Analyze market entry and market location decisions

How to successfully conduct International Market Research

Identify international business issues in advanced and emerging markets

Learn how to participate in trade fairs and how to find international Buyers

Understand the role and impact of political, economic, social and cultural variables in international business

Understand the role of social aid organizations such as the UN, EU, IMF and World Bank in facilitating international trade.

Understand the complete ins & outs of international business

Description

This certification course will offer students with the knowledge, skills, and abilities to understand the global economic, political, cultural and social environment for understanding the international business context. It will also prepare students to critically evaluate, formulate and execute strategies to succeed in international business ventures. It provides insights on tools and practices that help to identify and interpret international business opportunities by analyzing international management and investment strategies. It also enables exploration of practical issues faced by business managers in international business situations.

Content

Diagnostic Test

Introductory Practice Test 1
Introductory Practice Test 2

Introduction to International Business

Introduction to International Business
Elements of International Business
Internationalization & Globalization
Important Terminologies of International Business
Are Products only Exported?
Difference between Domestic Marketing & Export Marketing
Risks of International Business and Participants in IB
Why do firms internationalize
Why you should study International Business

Cultural Dimension in International Business

What is Culture
Nature of Cross-Cultural Risk
Characteristics of Culture
What culture is not
The cultural iceberg
Lenses to understand culture
Cultural metaphors and role of language in culture
Quiz on Culture

Foreign Market Entry Strategies

Agenda of session
Categories of participants in International Business
What are focal firms
Entry strategies companies use
Factors to be taken into account before entering in international market
4 major deciding factors of entry strategy
Nature of Internationalization
Advantages and disadvantages of exporting
Intermediaries and Facilitators in International Business
Review of entry strategies
Quiz on Entry Strategies

Emerging Markets

Agenda of Session
Types of Economies
Difference between Advanced, Developing and Emerging Markets
What makes Emerging Markets attractive
Risks of Emerging Markets

Regional Integration

Agenda of Session
What is regional integration and free trade area
Levels of regional integration
Advantages of regional integration
Dilemma of regional integration
What is WTO and its objectives
Quiz on Regional Integration and Emerging Markets

Technicalities in International Business

Overview
Generalized System of Preference (GSP)
Free Trade Agreements (FTA)
Anti-Dumping (AD) & Counter-Vailing Duties (CVD)
Sanctions & Embargoes
Subsidies
Tariffs

Financial Environment in International Business

Basics of currency and risks of currency in International Business
Convertible and Non-Convertible Currencies
How currency rates are determined

Pricing in International Business

Factors on which international pricing depends on
Types of pricing
Transfer Pricing
Where Transfer Pricing occurs
What is Gray Marketing and how to cope up with Gray Marketing
Quiz on Financial environment and Pricing in International Business

Payment Terms in International Business

Payment Terms in International Business
What is Counter Trade

International Exhibitions and Trade Fairs

Trade fairs and their importance
How to choose the right exhibitions
Pre-reqs of participation
What to take on Exhibition/International travel

Feasibility & International Market Research

What is an international market feasibility
What is Harmonized System (HS) Code
Sources of data collection

Export Documentation

Export Documentation

Incoterms 2020

What is Incoterm and its importance in IB
Updated Incoterms version 2020

International Certifications

What is Certification
Famous international certifications
How certifications help organizations
How to apply for a certification

How to find international buyers

How to find international buyers

Screenshots

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Reviews

Kamirya
September 23, 2023
There is no any practical value, the instructor just read the theory in the book, wish I had never take this course, such a waste of time !!!
Alok
March 24, 2023
Decent and some detailed account of International Business. Hoever, most of the topics covered in a generic way. Lack of case studies and in-depth analysis.
Jina
March 31, 2022
A very practical course for student pursuing a career in IB. I would love to recommend this course for student who wish to enhance their knowledge and develop skills.
Shashikant
January 4, 2022
I will not recommend this book, no explanation with example, just dictation of theory by mr right. Need multiple improvement: need more live examples with clarity on topic rather than touching all points which is of no use and just get covered.
Sanjay
July 3, 2021
Good information on International Business. Few topics which I felt missing are how to address language barriers, cultural differences etc.
Umang
June 21, 2021
Kindly dont purchase this course, nothing important. He is just reading some book stuff. and by mistake you bought this Udemy never doing to return the money even they have promised 30 days buy back guarantee. I have pushed the course to see if there is informative or going to help me but after initiating request for refund they are not giving back.

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3326742
udemy ID
7/13/2020
course created date
7/31/2020
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