Course detail

International Business

FP-PmKAcad. year: 2010/2011

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.

Language of instruction

Czech

Number of ECTS credits

5

Mode of study

Not applicable.

Guarantor

Ing. Jiří Koleňák, Ph.D.

Department

Institute of Management (ÚM)

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.

Planned learning activities and teaching methods

Teaching methods depend on the type of course unit as specified in the article 7 of BUT Rules for Studies and Examinations.

Assesment methods and criteria linked to learning outcomes

Way and rules of evaluation are worked up in document „Requirements of subject International Trade termination", that are displayed in IT (news) of subject on the beginning of semester.

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.

Work placements

Not applicable.

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. In case of excused absence from seminars, an additional task is set and evaluated according to the criteria for awarding course-credit units.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

BENEŠ, V. a kol. Zahraniční obchod. 1.vyd. Praha: Grada Publishimg, 2004. 328s. ISBN80-247-0 558. (CS)
CZINKOTA, M., R., RONKAINEN, I., A., MOFFERT, M., H. International Business . 7. vyd. South-Western: THOMSON, 2005. 782 s. ISBN 0-324-20610-0. (EN)
HOLLENSEN, S. Global Marketing: A Market Responsive Approach. 2.vyd. UK: Prentice Hall, 2001. 667 s. ISBN 0-273-64644-3. (EN)
MACHKOVÁ, H., ČERNOHLÁVKOVÁ, E., SATO, A. a kol. Mezinárodní obchodní operace. 3 vyd. Praha: Grada Publisching, 2003. 230 s. ISBN 80-247-0686-5. (CS)

Recommended reading

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. (CS)
JENÍČEK, V. Globalizace světového hospodářství.1.vyd. Praha: C.H.Beck, 2002. 152 s. ISBN 80-7179 (CS)
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. (CS)

Classification of course in study plans

  • Programme MGR-KS Master's

    branch MGR-PFO-KS , 2 year of study, summer semester, compulsory

Type of course unit

 

Lecture

20 hod., optionally

Teacher / Lecturer

Ing. Jiří Koleňák, Ph.D.

Syllabus

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.