• Unit 1: Introduction to International Business and Globalization

    In this unit, we will explore the basic foundation of international business and the history of globalization. Have you ever wondered how many components within your smartphone came from different countries to make the final product? Most products involve some level of globalization, since their materials or the technology used to assemble them come from many sources. We live in a very connected, global community.

    Completing this unit should take you approximately 3 hours.

    • 1.1: Technological Advances

      Commercial trade across borders is not a new phenomenon. However, advances in technology have made trade much more efficient. This section will look at trends in globalization and learn how those trends influence international businesses.

    • 1.2: Global Resource Allocation

      Nations and corporations continuously seek resources outside of their domestic markets. Since every country has a finite level of resources, they must find resources abroad to expand their economies and improve their living standards.

    • 1.3: Globalization

      Globalization describes how the world has become more connected and how products, services, and resources can quickly move nearly anywhere. As technology has improved efficiency, the speed of globalization has also increased.

    • Unit 1 Discussion

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    • Study Guide: Unit 1

      We recommend reviewing this Study Guide before taking the Unit 1 Assessment.

    • Unit 1 Assessment

      • Receive a grade