International Business EnvironmentLaajuus (5 cr)

Learning objectives

After having completed this course or attained an equivalent competence level, the student can demonstrate:
• The awareness about the importance of international business environment how it affects businesses
• The ability to analyse the business environment and its possible impact on a specific business
• The ability to analyze global trends, which affect businesses’ possibilities to evolve
• The ability to identify events and trends on both macro and micro levels of economy
• The ability to use and combine information about the business environment, for the sake of improved planning and business development.

Assessment criteria - grade 1

The student knows the importance and impacts of international business environment. S/he can name and define the key components of macro and micro economic issues and trends. S/he can define external, global factors influencing a company’s decision making processes.

Assessment criteria - grade 3

The student is capable of analyzing the international business environment, stakeholders in the environment and the impacts of them for a case organisation. S/he can connect the global and local trends into the business development needs of a given company. S/he is able suggest topics arising from the studies of the external environment to be considered in the planning of business operations.

Assessment criteria - grade 5

The student has the ability to analyse international business environment and identify upcoming trends and even weak signals, which may be of importance for a given company. S/he can extract insights from relevant data and use the insights for the benefit of a company’s development needs.

S/he can identify the opportunities and challenges in the environment, which need to be taken into consideration upon planning new operations, as well as suggest useful solutions to potential problems.