İŞL405

School of Economics and Administrative Sciences \ Business Administration

3

6

Compulsory

English

-

Management

This course highlights the increasing interdependence in the global business world and the strategic importance of conducting business at an international level. Students will gain both theoretical and practical knowledge on globalization, international trade theories, economic, political, cultural, and ethical environments, as well as international business strategies. Additionally, critical contemporary topics such as sustainability, social entrepreneurship, impact investing, and disruptive innovation will be explored.

1. Asgary, N. H.; Frutos-Bencze, D.; Samii, M. V.; and Varamini, H. (2021) Global Business: An Economic, Social, and Environmental Perspective, 3rd edition.

To define the basic concepts and explain the related processes in the global business world,
To explain the effects of economic, political, cultural and ethical environments on international business strategies,
To explain the theories of international trade and the roles of governments in global trade,
To provide information about the internationalization process and foreign market entry strategies,
To develop cross-cultural management skills,
To introduce and discuss current issues such as sustainability, social entrepreneurship and disruptive innovation.

1. Analyze the effects of globalization and the global economic environment on international business.
2. Explain international trade theories and the role of governments in trade.
3. Acquire fundamental knowledge and skills related to the global financial system and risk management.
4. Evaluate the influence of political, legal, cultural, and social environments on international business strategies.
5. Apply business ethics and corporate social responsibility principles in a global business setting.
6. Compare and explain the internationalization process and different international business strategies.
7. Develop foreign market entry strategies and analyze the advantages and disadvantages of different entry modes.
8. Enhance cross-cultural management skills and apply them effectively in a global business environment.
9. Define and integrate concepts such as sustainability, social entrepreneurship, and disruptive innovation into business strategies.

Week 1: Globalization
Week 2: The Global Economic Environment
Week 3: Trade Theories and the Role of Governments in Trade
Week 4: The Global Financial System and Risk Management
Week 5: Political and Legal Environments
Week 6: Cultural and Social Environments
Week 7: Business Ethics and Corporate Social Responsibility
Week 8: The Internationalization Process and International Business Strategy
Week 9: Foreign Market Entry Strategies
Week 10: Cross-Cultural Management
Week 11: Environmental Changes and Global Business: Sustainability, Social Entrepreneurship, and Impact Investing
Week 12: Disruptive Innovation and International Business

• Midterm 1 30 %
• Midterm 2 30 %
• Final 40 %