Course Number:

Credit Hours:

1.5

Course Title:

Understanding the Global Business Environment

Course Description:

Explores the hierarchical nature of economic activity, thus providing a perspective on a firm’s relative position and the origins of the forces that operate on it. Provides students with the opportunity to understand the organization of the global economy and the accounting system that underlies it, as well as understand the interactions among competitors, suppliers and customers, central banks and other financial intermediaries, and governments and how these interactions combine to create the parameter space for business decision making. By knowing how all the pieces fit and by knowing the pathways of influence among these pieces, managers can better read the winds of economic change and, as a consequence, can make better decisions for their shareholders.