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International Business @ Augustana? |
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The world economy is changing rapidly. National economies are no longer isolated by barriers
to trade and investment, as the world is merging into one huge interdependent global economic
system. This trend toward an integrated global economic system is accelerating rapidly and
creating a multitude of opportunities and issues for businesses today. Managers have to decide
how to change their product offerings, marketing strategies, human resource practices and
business strategies in order to deal with national differences in culture, language, business
practices, and government regulation.
At Augustana College business majors who concentrate in international business develop the tools necessary to understand the complexities of the changing global economy. Students studying international business take International Trade and International Finance, which develop an understanding of the fundamental concepts of why trade between countries is beneficial to the citizens of each country and a basic understanding of the international financial system. International Business explores the opportunities and challenges in formulating global strategy and managing multinational operations. |
