This class was tough.
Spend more time self-studying, do every assignment and come class regularly because of daily checking attendance. The students should take note of all announcements made in lectures or on the course’s Blackboard. From time to time, the university will send important announcements to their university e-mail addresses without providing a paper copy. The students will be deemed to have received this information.
The aim of this course is to examine the theory and practice of international business and the multinational enterprise (MNE). The course analyses the factors that shape the globalization process and the internationalization of the firm and presents conceptual frameworks for the analysis of multinational enterprises. Key topics of study include: the impact of international environment (cultural, political, economic) on firm behaviors and operations; the evolution and development of multinational enterprises and their geographic sweep of international business activities; specific entry strategies, including foreign direct investment, exporting, licensing, franchising, manufacturing, acquisitions, joint ventures and strategic alliances; the movement of goods, services, capital, knowledge and technology across national borders; and the descriptions of the basic functions of a typical MNE.
Hours per week:
Advice for students:
Upon successful completion of this course you should be able to: • Analyze and explain key managerial accounting concepts and principles. • Analyze and record business transactions common to the manufacture of inventory in: • Job order costing systems • Process costing systems • Prepare accrual basis financial statements for manufacturers. • Explain common cost classifications and apply cost behavior concepts using cost-volume-profit analysis. • Explain the budgeting process and prepare a variety of budgets. • Explain and apply the concepts underlying standard costing systems, including the analysis of variances. • Explain decentralization and apply related performance measurement concepts. • Identify relevant costs and prepare analyses of costs and benefits considered in operational decisions. • Explain the capital budgeting process and apply a variety of methods used to make such decisions. • Use accounting information to make management decisions.