Egt1's 7 Competencies
EGT1 - Economics and Global Business Applications
Course of Study
This course supports the assessments for EGT1. The course covers 7 competencies and represents 4 competency units.
Introduction
Overview
You will learn the concepts and tools needed to make optimal decisions such as the following: marginal analysis; supply and demand; competition; anti-trust laws and government regulations; international business environment; international trade; global operations; and cultural sensitivity. Watch the following video for an introduction to this course:
Note: View the video in full screen at 720p for best results.
Competencies
This course provides guidance to help you demonstrate the following 7 competencies:
Competency 309.1.1: …show more content…
Now what? Is your current marketing strategy appropriate? What cultural considerations need to be included in your marketing strategy? How do you enter the targeted market in the first place?
This topic addresses the following competencies:
Competency 309.2.1: International Business Environment
The graduate understands and can make recommendations for competing in the global business arena.
Competency 309.2.2: International Trade
The graduate can recognize the implications of international trade and make recommendations based on a firm's mission.
Competency 309.2.3: Global Operations
The graduate can determine the advantages and disadvantages of various types of global operations.
Chapter 15 in International Business
Read the following chapter in International Business: chapter 15 ("Entry …show more content…
Chapter 16 in International Business
Read the following in International Business: chapter 16 ("Export and Import Practices")
When you have completed the reading, you will be able to explain the three problems associated with exporting for firms, identify and explain terms of sale, and identify the sources of export financing and how firms use them.
International Business: Forces that Affect International
Trade (Part 3)
Political forces affect international business, and businesses have become more and more sensitive to these political forces as they plan operations. A hospitable political atmosphere permits business to flourish, even if the country is poor in natural resources. The opposite is also true, and some countries blessed with natural resources are poor because of government instability or hostility.
Legal forces also affect firms doing business internationally, and they must be aware of the size
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EGT1 - Economics and Global Business Applications
Course of Study
and complexity of various legal problems. A myriad of laws exist that differ from one country to another. How are disputes settled? How will contracts be enforced? How are copyrights
Course of Study
This course supports the assessments for EGT1. The course covers 7 competencies and represents 4 competency units.
Introduction
Overview
You will learn the concepts and tools needed to make optimal decisions such as the following: marginal analysis; supply and demand; competition; anti-trust laws and government regulations; international business environment; international trade; global operations; and cultural sensitivity. Watch the following video for an introduction to this course:
Note: View the video in full screen at 720p for best results.
Competencies
This course provides guidance to help you demonstrate the following 7 competencies:
Competency 309.1.1: …show more content…
Now what? Is your current marketing strategy appropriate? What cultural considerations need to be included in your marketing strategy? How do you enter the targeted market in the first place?
This topic addresses the following competencies:
Competency 309.2.1: International Business Environment
The graduate understands and can make recommendations for competing in the global business arena.
Competency 309.2.2: International Trade
The graduate can recognize the implications of international trade and make recommendations based on a firm's mission.
Competency 309.2.3: Global Operations
The graduate can determine the advantages and disadvantages of various types of global operations.
Chapter 15 in International Business
Read the following chapter in International Business: chapter 15 ("Entry …show more content…
Chapter 16 in International Business
Read the following in International Business: chapter 16 ("Export and Import Practices")
When you have completed the reading, you will be able to explain the three problems associated with exporting for firms, identify and explain terms of sale, and identify the sources of export financing and how firms use them.
International Business: Forces that Affect International
Trade (Part 3)
Political forces affect international business, and businesses have become more and more sensitive to these political forces as they plan operations. A hospitable political atmosphere permits business to flourish, even if the country is poor in natural resources. The opposite is also true, and some countries blessed with natural resources are poor because of government instability or hostility.
Legal forces also affect firms doing business internationally, and they must be aware of the size
13 / 19
EGT1 - Economics and Global Business Applications
Course of Study
and complexity of various legal problems. A myriad of laws exist that differ from one country to another. How are disputes settled? How will contracts be enforced? How are copyrights