User:Travis Tai/sandbox

Travis Tai

=Importance of studying International Business= The International Business standards focuses on the following: By focusing on these, students will gain a better understanding Political economy. These are tools that would help future business people bridge the economical and political gap between countries.
 * raising awareness of the interrelatedness of one country's political policies and economic practices on another;
 * learning to improve international business relations through appropriate communication strategies;
 * understanding the global business environment--that is, the interconnected-ness of cultural, political, legal, economic, and ethical systems;
 * exploring basic concepts underlying international finance, management, marketing, and trade relations; and
 * identifying forms of business ownership and international business opportunities.

There is an increasing amount of demand for business people with an education in International Business. A survey conducted by Thomas Patrick from University of Notre Dame concluded that Bachelor's degree holders and Master's degree holders felt that the training received through education were very practical in the working environment. Business people with an education in International Business also had a significantly higher chance of being sent abroad to work under the international operations of a firm.

The following table provides descriptions of higher education in International Business and its benefits.