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IBU641 v2

Module 1 Required Resources

Textbooks

Global Business (GSU)

Boers, J., Le, D., Salloom, Z., Richardson, V., Adkins, T., & Carter, L. (2020). Global Business (GSU). GALILEO Open Learning Materials. https://oer.galileo.usg.edu/business-textbooks/9

Read:

  • Chapter 1: Emerging Global Megatrends 
    • Rationale: This chapter discusses significant trends affecting global business, such as globalization, economic shifts, and technological advancements. Understanding these megatrends is essential for defining the scope and nature of international business today. 
  • Chapter 2: Technology and Global Business 
    • Rationale: This chapter focuses on how technology impacts global business operations, communication, and trade. It highlights the role of technology in enabling international business, making it critical for understanding its definition in a modern context. 
  • Chapter 7: Integrated Global Markets 
    • Rationale: This chapter provides insights into how markets are interconnected globally and the implications for businesses. It helps define international business by explaining how companies operate across different markets and adapt to varying conditions. 
  • Chapter 9: Integrated Global Business System 
    • Rationale: This chapter outlines how various systems (economic, legal, cultural) come together to create an integrated global business environment. It provides a comprehensive view of how businesses function internationally, aiding in the definition of international business. 

Business Foundations

Lumen Learning. (2021). Business Foundations (Section IV: Global Business). Virginia Commonwealth University. https://pressbooks.library.vcu.edu/businessfoundations201/ 

Read:

  • 4.1 The Globalization of Business 
    • Rationale: This section introduces the concept of globalization and its impact on business practices around the world. It lays the foundation for understanding what international business is by discussing how businesses operate in a global context. 
  • 4.2 Opportunities in International Business 
    • Rationale: This section explores the various opportunities that arise in international markets, emphasizing the significance of international business in expanding market reach and diversification. It helps define the scope of international business through its potential benefits. 
  • 4.3 The Global Business Environment 
    • Rationale: This section covers the external factors influencing international business, including economic, political, and cultural environments. Understanding these factors is crucial for defining the complexities involved in international business operations. 

Articles