Global Business and Diplomacy Course
The Hostler Institute sponsored the development of a new 400-level course that focuses on the importance and impact of political and economic diplomacy and their influence on global business.
MGT 403- Course Description:
In the increasingly interconnected world, geopolitical events, trade policy, natural disasters, and public perception have a powerful impact on a firm’s success. Business leaders need to be aware of, and anticipate, the consequences of world events and understand the interface between business and the political environment. Through a series of seminars, exercises, and discussions, students in this course will be exposed to key concepts of political and economic diplomacy and their influence on the operations of businesses. Experts in the field of international business, diplomacy, and trade will provide their insight through weekly discussions.
Prerequisite: Approved business major, business minor, or instructor consent.
Completion of this course will enable students to:
- Explain and interpret the key concepts in both international business and diplomacy
- Identify the political and societal events that affect the operations of a firm
- Evaluate how different factors (economic, political and cultural) and contexts influence the diplomatic process and outcomes
- Discuss foreign policy objectives of different administrations through historic examples
