Introduction to Global Business

I.     Course Prefix/Number: GBS 101

       Course Name: Introduction to Global Business

       Credits: 3 (3 lecture; 0 lab)

II.    Prerequisite

Recommended: BUS 101 taken prior to, or in conjunction with, this course

III.   Course (Catalog) Description

Course introduces students to the study of global business. Content includes issues and topics related to conducting business outside of the U.S. domestic marketplace, with a focus on cultural, political, legal and ethical business practices around the world and the implications of these factors.

IV.   Learning Objectives

At the conclusion of this course the student who completes it successfully will be able to:
  1. Apply the concepts of cultural, economic and political differences in a global setting by the successful execution of a business plan.
  2. Analyze the effects of culture, politics and economic systems in the context of international business.
  3. Summarize in general terms international financing, foreign exchange considerations, insurance, transfer of funds and the international monetary system.
  4. Recognize the role of government in the promotion/restriction of international trade and investment.
  5. Determine the differences in international business practices based on legal, political and cultural environments
  6. Design major components of international business management, marketing and operations in a business plan.

V.    Academic Integrity and Student Conduct

Students and employees at Oakton Community College are required to demonstrate academic integrity and follow Oakton's Code of Academic Conduct. This code prohibits:

• cheating,
• plagiarism (turning in work not written by you, or lacking proper citation),
• falsification and fabrication (lying or distorting the truth),
• helping others to cheat,
• unauthorized changes on official documents,
• pretending to be someone else or having someone else pretend to be you,
• making or accepting bribes, special favors, or threats, and
• any other behavior that violates academic integrity.

There are serious consequences to violations of the academic integrity policy. Oakton's policies and procedures provide students a fair hearing if a complaint is made against you. If you are found to have violated the policy, the minimum penalty is failure on the assignment and, a disciplinary record will be established and kept on file in the office of the Vice President for Student Affairs for a period of 3 years.

Please review the Code of Academic Conduct and the Code of Student Conduct, both located online at
www.oakton.edu/studentlife/student-handbook.pdf

VI.   Sequence of Topics

Globalization
Cross-cultural business
Political, Legal & Ethical Systems
Economic systems
International Trade & Investment models
Business – Government relations
Regional Economic Integration
International Financial Markets
International Monetary System
International Strategy & Organization
Selecting & Managing Entry Modes
Developing & Promoting Products Internationally
Managing International Operations
Hiring & Managing Employees

VII.  Methods of Instruction

Lecture, class discussion, useful handout material, and guest lecturers as appropriate.
Course may be taught as face-to-face, hybrid or online course.

VIII. Course Practices Required

Course Practices/Firm Required Practices:  Students are responsible for having a working knowledge of what is going on in the business world as well as an understanding of how economic, political, technological and competitive changes will have an impact on your clients and your business. In this course, you will be responsible for reading and listening to relevant materials in addition to your textbook.

You will demonstrate your proficiency in the materials by completing assigned homework, making presentations (individually and as a team) and completing and presenting a strategic market entry business plan.

Course may be taught as face-to-face, hybrid or online course.

IX.   Instructional Materials

Note: Current textbook information for each course and section is available on Oakton's Schedule of Classes.

International Business the challenges of globalization 7th edition by John J. Wild, Kenneth L.Wild.  Pearson-Prentice Hall Upper Saddle River, NJ 07458. ISBN Textbook ISBN-13: 9780133063004 at the Oakton Bookstore and online.

Note: Current textbook information for each course and section is available on Oakton's Schedule of Classes.

X.    Methods of Evaluating Student Progress

Evaluation Criteria:

There will be 4 “proficiency” exams, case studies, a strategic market entry plan project and a variety of in-class and homework activities. Your final evaluation will be determined based on the total points that you’ve accumulated.

School Grading System will be used: 90-100 A
89-90 B
79-70 C
69-60 D

XI.   Other Course Information

  1. Attendance policies will be established by each instructor.
  2. Each instructor will establish policies with respect to make-up exams, incomplete grades, etc.


If you have a documented learning, psychological, or physical disability you may be entitled to reasonable academic accommodations or services. To request accommodations or services, contact the Access and Disability Resource Center at the Des Plaines or Skokie campus. All students are expected to fulfill essential course requirements. The College will not waive any essential skill or requirement of a course or degree program.

Oakton Community College is committed to maintaining a campus environment emphasizing the dignity and worth of all members of the community, and complies with all federal and state Title IX requirements.

Resources and support for
  • pregnancy-related and parenting accommodations; and
  • victims of sexual misconduct
can be found at www.oakton.edu/title9/.

Resources and support for LGBTQ+ students can be found at www.oakton.edu/lgbtq.