Collaborating effectively with multiple countries for business requires a good understanding of the requirements, regulations and laws. This course sets you up with the required knowledge base on the fundamentals of foreign trade and its nuances, impact of various environments in International Business, Political, Economic, Social and Technological (PEST) analysis, economic integration and related laws including India’s foreign trade policies.
Mode Of Delivery
The course consists of the role of environment analysis in international business, significance of PEST (Political, Economic, Social and Technological) analysis, various environments impacting international business, elements of culture, cultural shock, the advantages of UNESCO guidelines, Economic integration, the role of NAFTA, SAFTA, ASEAN, EU and SAARC, Joint Ventures and Strategic alliances.
This course also covers major laws related to foreign trade in India and differentiate between international business and foreign trade and the internationalization process.
By the end of this course, you will be able to:
Module 1 An Overview of Foreign Trade
Module 2 Conducting Business in Multiple Countries
Module 3 Economic Integration and Agreements
Module 4 Joint Ventures and Foreign Collaborations
Module 5 Regulations for Foreign Trade
After completing this course and successfully passing the certification examination, the student will be awarded the “Fundamentals of Foreign Trade” certification.
If a learner chooses not to take up the examination, they will still get a 'Participation Certificate'.