International Business Venturing Abroad

This course is part of International Business Specialization

Instructor: Stephen R. Lawrence

What you'll learn

  •   Analyze the information needed to make going abroad decisions including timing, country selection, and mode of entry.
  •   Critique the advantages and disadvantages of exporting and evaluate exporting compared to other country entry modes.
  •   Critique the advantages/disadvantages of direct country entry and use this information to select the best entry mode for a given situation.
  •   Anticipate the challenges of working and living abroad and apply known methods of mitigating those challenges.
  • Skills you'll gain

  •   Global Marketing
  •   Intercultural Competence
  •   Cultural Diversity
  •   Business Risk Management
  •   Mergers & Acquisitions
  •   Go To Market Strategy
  •   Strategic Decision-Making
  •   Growth Strategies
  •   Cultural Sensitivity
  •   Business Strategy
  •   Market Analysis
  •   Contract Management
  •   Business Development
  •   Risk Analysis
  •   Competitive Analysis
  •   Export Control
  •   International Finance
  •   Entrepreneurship
  •   Franchising
  • There are 5 modules in this course

    This course reviews and evaluates the many ways that businesses can engage in international commerce. First presented are the three decisions that any business needs to make to go global, including a model for country selection. Next, modes of exporting and importing are discussed, followed by a review of contract modes of entry such as licensing and franchising, and then foreign direct investment strategies such as joint ventures, mergers, and acquisitions. The course concludes with a personal look at going global, including deciding to go, preparing to go, working and living abroad, and the challenges of coming home.

    Exporting Strategies

    Direct Entry Strategies

    Living Abroad

    Operating Abroad

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