HOSP 1505: Global Business Environment
Department
Hospitality Diploma Int'l
School
Hospitality, Food Studies and Applied Business
Description
Students are introduced to the structure and features of the global marketplace and how environmental, social, economic, cultural, and technological affect international companies and their operations. Students examine how various aspects of business influence international trade and how ethical practices, workplace diversity, respect for human rights, and the natural environment enhance global relationships. Key elements of environments in different sovereign countries that are necessary for local companies to make decisions and be successful in a global business setting will also be assessed.
Year of study
1st Year Post-secondary
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Describe theories and concepts surrounding the global business environment
- Assess how the cultural aspects of business affect international trade and business relationships
- Explain the complexity and diversity associated with undertaking business internationally
- Evaluate the influence of e-marketing and e-commerce on the global business environment
- Identify the premises of, and risks associated with, international business
- Describe different approaches for competing internationally, and their advantages and disadvantages
- Use theories and concepts of the global business environment to analyze real international business situations
- Identify and assess corporate social responsibility and sustainability issues in international business
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 45
Total Hours: 45
Instructional Strategies
Instruction involves interactive lectures, presentations, group discussions, role plays, and peer feedback. Learning will be enhanced through a variety of interactive classroom and collaborative activities. The interactive and practical exercises give students the opportunity to take an active role and learn by doing.
Grading System
Letter Grade (A-F)
Evaluation Plan
Type
|
Percentage
|
Assessment activity
|
Assignments
|
15
|
Concepts of the global business environment
|
Assignments
|
15
|
Case studies: international business situations
|
Project
|
30
|
Group Project: Global business plan
|
Quizzes/Tests
|
10
|
|
Final Exam
|
20
|
|
Participation
|
10
|
Preparation for class, active discussion, participation during class
|
Course topics
- 1. The Global Business Environment – national, regional, and international dimensions
2. Globalization - definitions and drivers
3. International trade policies
4. Government policies and international trade
5. Assessing Global Power and Influence
6. The international monetary system
7. Trade and technology
8. Differences in culture
9. Marketing and international marketing research
10. National, regional, and international business practices
11. Ethics, corporate social responsibility, and sustainability
12. International business environment - geography, cultural and social factors, economic conditions, and political and legal factors
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/.
- To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.