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How to Pass study.com Business 120: International Business Final Proctored Exam

Hey there, future international business moguls! If you are willing to start to dive into study.com Business 120: International Business, the learning will take you through an understanding of the international trade field, understanding the economics of the process, and managing cross-culturally. This course is a map and toolkit rolled into one that will give you all that you need to know about conducting business on the international level.  In this class, you will learn the details about globalization as well as the effects it has on companies and the entire world economy. Beginning with the introduction to exchange rates to the analysis of the various marketing techniques used cross-nationally, this course covers it all. And the best part? It’s designed with impressive flows and even the most complicated ideas are explained effortlessly. From trade careers to general business knowledge, this course is your ticket to getting to know the international business environment.  — What to Expect from Business 120 Class📖 Okay, so here’s what you would be getting in the “study. com Business 113: Business Communication” course. This is not just another class where you learn dozens of terms and forget about them, until the next class. Not at all, this course is geared towards activities that you’ll frequently encounter in your day-to-day working environment, from writing an email to presenting before an audience.  Let us begin with the communication concept in the workplace. It will help you understand why communication is important and how it helps in increasing collaboration and efficiency. It means that communication concepts such as nonverbal, group and intercultural communication, and conflict resolution will be included significantly. Thus, get ready to investigate these areas because it does not only state that they are relevant but vital as well.  Then, let’s examine communicational processes – which types can be distinguished. In the business world, it is essential to understand how to write messages for the organization’s and external audience with the help of the Internal Memo Writing Service. This section is important for the exam, so it is worthwhile to give special attention to the lessons on internal and external communication and ways to address positive and negative messages in the organization.  Last, you will discuss the details of writing and presentation to the business operations. This ranges from preparing standard documents such as resumes and cover letters and other documents such as business reports and proposals. You also get to know how to prepare, create, and close messages and how to use the right illustrations in communication. I assure you Mark, the ability to showcase data well is in a special league in the business world.  In a nutshell, this course can be described as an all-in-one guide to business communication. They are intended to make you a better communicator or, in other words, to develop your speaking skills that won’t be useless when the exam is over. So, brush up on your detailing, note-taking, and discussion skills as well as those of new strategies that were learned. Click here for exam support Week-by-Week Study Plan to Ace Business 120 Exam 📝 Ready to conquer study.com Business 120: International Business? Below is a suggested schedule for the 10 weeks to the final proctored exam so that you can be sure to cover all materials well. If you proceed with this plan, there should be no question that overwhelms you, and you are ready for it. Week 1: Introduction to International Business & Globalization Lessons Covered: Globalization, Four Forms of Capital, Benefits of Globalization, Costs of Doing Business Abroad, Global Strategy. Activities: Watch all video lessons for Chapter 1 and take notes. Focus on understanding the concept of globalization and its various impacts. Resources: YouTube: Globalization Explained Quizzes: Complete the quizzes for each lesson and review your answers. Week 2: Communication, Decision-Making, and Economic Development Lessons Covered: Communication in Global Business, How Teams Differ in a Global Setting, Decision-Making in Global Business, Cultural Differences in Negotiations, Settling International Conflicts, Economic Globalization, Impact on Developing and Developed Countries, Developed vs. Developing Countries, Obstacles for Less Developed Countries. Activities: Watch all video lessons for Chapters 2 and 3. Focus on communication strategies and economic disparities. Resources: YouTube: Cross-Cultural Communication Quizzes: Complete the quizzes and review them thoroughly. Week 3: Key Factors in International Trade & Trade Management Lessons Covered: Economic Growth, Forces Affecting Trade, Economics & Politics of International Trade, Comparative Advantage, Absolute Advantage, Free Trade, Economic Integration, Trade Balance, Trade Barriers, Trade Restrictions, Tariffs and Quotas, Trade Protectionism. Activities: Watch all video lessons for Chapters 4 and 5. Understand trade concepts and regulations. Resources: YouTube: Tariffs and Trade Barriers Quizzes: Take the quizzes and revisit any incorrect answers. Week 4: Exchange Rates, Currency Changes & International Finance Lessons Covered: Exchange Rate Factors, Fiscal and Monetary Policies, Impact on International Trade, Exchange Rate Risk, Purchasing Power, Big Mac Index, GAAP Overview, International Accounting Standards, International Transfer Pricing, Interest Rate Parity, IFRS, International Banking, Political Risk. Activities: Watch all video lessons for Chapters 6 and 7. Focus on understanding exchange rates and financial principles. Resources: YouTube: Exchange Rates Explained Quizzes: Complete the quizzes and study any incorrect responses. Week 5: International Market Entry Strategies Lessons Covered: International Marketing Strategies, Exporting, Foreign Licensing, Franchises, Contract Manufacturing, Joint Ventures, Foreign Direct Investment, Outsourcing, Offshoring. Activities: Watch all video lessons for Chapter 8. Focus on different market entry strategies and their pros and cons. Resources: YouTube: International Market Entry Strategies Quizzes: Complete the quizzes and study the results. Week 6: Global Marketing and R&D Strategies Lessons Covered: Global Marketing Strategy, International Marketing Mix, SWOT Analysis, PESTLE Analysis, External Marketing Factors, Global Standardization, Internet Marketing, Social Media, R&D. Activities: Watch all video lessons for Chapter 9. Pay attention to SWOT and PESTLE analysis tools. Resources: Quizlet: Global Marketing Flashcards Quizzes: Take the quizzes and review any mistakes. Week 7: Cultural Impact on International Business Lessons Covered: Global Mindset, Hofstede’s Cultural Dimensions, Developing Cultural Intelligence, Impact of Cultural Norms, and Effects on Society.