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.

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.

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.

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.