|
Module Code |
BM 240 |
|
Module Title |
Außenhandel
·
International Trade Operations |
|
Academic level |
Level 2 |
|
Credit value |
5 |
|
Instruction |
German |
|
Pre-requisites |
BM 100 - Business Context & Functions |
|
Co-requisites |
All other Level 2 Management modules |
Rationale
for Module |
The vision of a “global village” is no longer
merely a vision. Companies of all sizes and industries
purchase from and/or sell to all parts of the world. Companies that seek
to exploit opportunities not only
in national markets but also in markets abroad need managers who
understand the special risks of
international business, as well as the strategies and instruments to
reduce these risks as far as possible.
By the end of this module, students will recognize why international
business is crucial for many
companies and understand the different forms of risk in international
trade and business. Students learn
how to deal with these risks, especially how to hedge losses in insuring
payment and delivery. Students
are also acquainted with instruments for financing foreign trade.
The module builds on the Level 1 module ‘Business Context & Functions’.
There are close ties to the
issues taught in the Level 2 modules ‘International Trade & Politics’,
as well as in ‘Marketing’ and
‘Financial Management’. The module underpins the Level 3 module
‘International Management &
Marketing Strategy’. |
|
Aims |
This module aims to:
• illustrate the opportunities for companies presented by international
business and the challenges
posed by international activity
• develop students’ understanding of the risks companies have to be
aware of when engaging in
international business
• provide students with a structured opportunity to develop professional
skills of data research and
presentation, analysis and evaluation |
Studium » Studienmodule » Außenhandel
