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Dec 15, 2025
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MGT 5060 - Global Context of Business
Business and management can no longer be defined as purely local or domestic in scope.
Globalization has made an understanding of the international context a critical element in any manager’s knowledge base. This course exposes students to the challenges confronting organizations as they seek to enter and operate in the multiple business environments and cultures that characterize the global economy today, and provides them with conceptual models and analytical approaches for problem solving and decision making in the global context.
Requisites:
Credit Hours: 3
Repeat/Retake Information: May not be retaken.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes:
- Students will be able to analyze and describe the drivers and challenges of globalization.
- Students will be able to identify the opportunities of doing business in a global, interdependent economy
- Students will be able to conduct a basic foreign market assessment.
- Students will be able to evaluate the different ways in which a company can enter a foreign market.
- Students will be able to formulate strategies to maximize the performance of international businesses facing the opposing pressures for standardization vs local responsiveness.
- Students will be able to analyze global value chains and describe how the geographic dispersion and fine division of primary activities compels firms to become orchestrators of Global Value Chains.
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