Transversal Learning and Development

Global Business Strategies

This course is part of the Entrepreneurship & Business Development Specialization

Course Overview

Opportunities to take a regional business into the global market make it possible to strategically, smartly, and profitably accomplish more than you can by staying local. To prepare, you need to set your business up for success by being open to learning, to applying new ideas, and to continually reviewing how you can create success in the global market.

Topics such as trade financing, regulatory considerations, international business planning, sustainability, and much more are included in this course. The materials here are well suited for small and medium sized business leaders as they prepare to take their company into the global marketplace.

What you'll learn

⇒    Describe the complexities of doing business in a global context
⇒    Discuss trends in global business
⇒    Apply strategies and tools needed to help shift a regional business into a global enterprise
⇒    Closely evaluate your current business operation and determine its readiness for moving into a global marketplace
⇒    Create an international business plan and prepare it for implementation

Self-Paced

Learn at your own schedule

12 hours

Estimated time of complete

English

Language

$89.00

Cost

Verifiable

Verified Certificate

Average Salary a Business Strategist

$116,387

Course Outline

Learning Objectives
Pre-Assignment
Worksheet
Pre-Course Assessment

– Business Environment
– Defining Globalization
– Making Connections
– Factors in Globalization
– Your Presence in the Marketplace
– The Role of Human Resources
– Open for Business
– Exercising Knowledge (Pre-Assignment Review)
– Top Trends
– Take on the World

– Evaluating Your Options
– Supporting Organizations
– Making Connections
– Understanding Trade Agreements
– How Trade Transactions Work
– Transactional Dealings
– Collaborative Transactions
– Supply Alliances
– Making Connections

– How Services Are Traded
– Making Connections
– Imports vs. Exports
– Separating Products from Services
– How Intangible Products Fit In
– Contractual Entries
– What’s Your Value?
– Developing Your Value Proposition
– Mechanics of a Trade Transaction

– What is E-Commerce?
– Making Connections
– Protection of Information
– Security Checklist
– Basic E-Commerce Business Models
– Give It A Go
– E-Commerce Goals and Models
– Making Connections

– Bridging the Cultural Gap
– Looking at Culture
– Keeping an Open Mind
– Stepping Over the Cultural Gap
– Building Relationships
– Making Connections
– Tips for Bridging the Cultural Gap
– Is There a Global Culture Developing?
– Making Connections

– Managing Multiple Currencies
– The Currency Conversion Process
– Making Connections
– Mitigating Your Risks
– Basics of Trade Finance
– Financing
– Mitigating Risk
– Export Credit Agencies
– Documentation
– Getting Paid
– Trade Finance and Technology
– Making Connections

– Introduction to Supply Chain Management
– Keys to Success
– The Need for Excellence in Supply Chain Management
– The Supply Chain
– The Supply Management Leader
– Making Connections
– Identifying and Meeting Documentation Requirements
– Packaging and Labeling
– Making Connections
– Security and Safety
– Transporting Dangerous Goods
– Seeking Out Specialists
– Negotiating Market Entry
– The Negotiation Process
– Influencing Elements

– International Regulations
– Public-Trade Law
– Trade Agreements
– Certificates of Origin
– Extraterritoriality and Fair Trade
– Price Cartels
– The Role of the World Trade Organization
– Health and Environmental Regulations
– The Role of ECA’s
– Getting the Right Advice: The Legal Bits
– Considering the Remedies
– Mediation
– Arbitration or Litigation
– Where to Litigate
– Government Agencies
– Testing the Waters

– The Ethical Conundrum
– Ethical Dilemmas
– Case Studies
– Making Connections
– Different Points of View
– The Friedman View
– Cultural Relativist View
– Righteous Moralist View
– Making Connections
– Corporate Social Responsibility
– The Three Levels
– Making Connections
– Sustainability
– Case Studies
– Codes of Conduct
– Developing a Code of Conduct
– Making Connections

– The AAA Approach
– Leveraging Triple A
– Case Study
– A Strategic Approach
– Making Connections

– A Business Framework
– The Purpose of the Plan
– Outlining the Plan
– Global Business Plan Worksheet
– The Planning Process
– Planning Worksheet
– Market Evaluation
– Pulling the Pieces Together
– Making Connections

– Getting Your Product or Service to Global
– Markets
– Creating the Right Strategy
– Making Connections
– Marketing Plan Worksheet
– Exit Strategy
– Diagnosing Issues
– Developing Product Names
– Case Studies
– Color Choices
– Summary

Starting Point
Where I Want to Go
How I Will Get There