The primary goal of this class is to help students gain knowledge about international business environment and its specifics. The most important topics to be covered include: globalization, financial flows, migration, drivers and barriers to globalization; global economy, economic growth, the global environment; international trade theory, competitive advantage, and trade restrictions; foreign direct investments, assessing country attractiveness, and entering foreign markets; the socio-cultural framework (stereotypes, culture, the social environment, demography); the political environment; influence of the state on business, and of organizations/firms on the state; financial institutions, markets, crises and regulation; sources of law and institutions, including international law and the EU institutions, whistleblowing, internet, business & security; sources of technological advance and protection of technology; and lastly, corporate social responsibility, the ecological environment and sustainability. By the end of the class, students will develop competences in source collection, understanding of business environment diversity, and its regulations and changes, and comprehending different modes and ways of doing international business by addressing entry strategies and relations between mother firm and units. (Lecturer: Tamara Pavasovic Trost)
