Course detail

International Business

FP-RmopPAcad. year: 2017/2018

The course is focused on the area of International business environment and trading. Aim of the subject is: to explain characteristics of international environment and importance of international business; to characterize basic ideas and terminology, main subjects and organisations in international business; to introduce basic trade operations. To manage adaptation of relationship commitments, musters of selected treaty, in accordance with intranational regulations, typical international rules, delivery requirement. To manage contracts with foreign partners, ways of payment and to guarantee of commitments in international business contact.

Learning outcomes of the course unit

Students will be acquainted with proceedings at export and import operations of companies, with concluding of contracts and with payment terms relating to these operations. They will master the terminology of international trade and processes of managing and financing business operations of entrepreneurial subjects on international markets and possibilities of international trade financing.

Prerequisites

Basic economic categories, computer literacy, basics of company management, methods of financial analysis, bank and insurance companies operations.

Co-requisites

Not applicable.

Recommended optional programme components

Not applicable.

Recommended or required reading

BENEŠ, V. a kol. Zahraniční obchod. 1.vyd. Praha: Grada Publishimg, 2004. 328s. ISBN80-247-0 558.
MACHKOVÁ, H., SATO, A, ZAMYKALOVÁ, M. a kol. Mezinárodní obchod a marketing: Praktická výkladová encyklopedie. 1.vyd. Praha: Grada Publishing, 2002. 266 s. ISBN 80-247-0364-5.
MACHKOVÁ, H., ČERNOHLÁVKOVÁ, E., SATO, A. a kol. Mezinárodní obchodní operace. 3 vyd. Praha: Grada Publisching, 2003. 230 s. ISBN 80-247-0686-5.
JANATKA, F a kol. Obchod v rámci Evropské unie a obchodní operace mimo členské země EU. Praha: ASPI Publishing, 2004. 295 s. ISBN 80-7357-006-8.
JENÍČEK, V. Globalizace světového hospodářství.1.vyd. Praha: C.H.Beck, 2002. 152 s. ISBN 80-7179
CZINKOTA, M., R., RONKAINEN, I., A., MOFFERT, M., H. International Business . 7. vyd. South-Western: THOMSON, 2005. 782 s. ISBN 0-324-20610-0.
MACHKOVÁ,H. Mezinárodní marketing.3.přepr.vyd. Praha: Grada Publishing, s.r.o., 2009. 196s.ISBN 978-80-247-2986-2.
HOLLENSEN, S. Global Marketing: A Market Responsive Approach. 2.vyd. UK: Prentice Hall, 2001. 667 s. ISBN 0-273-64644-3.

Planned learning activities and teaching methods

The course is taught through lectures explaining the basic principles and theory of the discipline. Exercises are focused on practical topics presented in lectures.

Assesment methods and criteria linked to learning outcomes

Method and evaluation criteria are outlined in the document "Terms of completion of the course International trade", which are posted in news of the subject at the beginning of the semester.
The evaluation of the course takes to the consideration the systematic, ongoing work of the students. The final assessment is classified according to ECTS and will depend not only on the results of the written examination of knowledge, but also on the active participation of students in controlled lectures. The aim of evaluation is to test the knowledge, abilities and skills of students through completion of the project and test.
Project 35%
Active participation 15%
Test 50%

Language of instruction

Czech

Work placements

Not applicable.

Course curriculum

Basic terminology of international trade.
International business environment.
Forms of companies’ entries into international markets.
Foreign trade policy of the Czech Republic.
Export preparation.
Documents in international trade.
Risks of international trade.
Insurance against risk in international trade.
Logistics in international trade.Payment instruments in international trade.
Contracts of purchase in international trade.
International trade financing.
Forms of support of international trade.

Aims

The objective of the course is to make students familiar with the significance of international trade, with its forms, with export and import operations and with versatility of trade. The students should also master arrangement of commitment relations, types of selected international contracts, system of domestic rules and regulations, typical international customs and selected types of contracts and delivery terms. Also dealt with is concluding of contracts with foreign partners, means of payment and fulfilling commitments in international trade.

Specification of controlled education, way of implementation and compensation for absences

Control of results of independent work on the assigned tasks, assignments and so on. In case of excused absence from seminars, an additional task is set and evaluated according to the criteria for awarding course-credit units.

Classification of course in study plans

  • Programme MGR Master's

    branch MGR-ŘEP , 1. year of study, summer semester, 4 credits, compulsory-optional

Type of course unit

 

Lecture

20 hours, optionally

Teacher / Lecturer

Exercise

10 hours, compulsory

Teacher / Lecturer

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