About this Course
4.9
51 ratings
3 reviews
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 13 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English, Arabic
Specialization
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Hours to complete

Approx. 13 hours to complete

Suggested: 4 hours/week...
Available languages

English

Subtitles: English, Arabic

Syllabus - What you will learn from this course

Week
1
Hours to complete
1 hour to complete

Course Orientation

You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course....
Reading
2 videos (Total 5 min), 6 readings, 1 quiz
Video2 videos
Know More about Professor Bucheli2m
Reading6 readings
Syllabus10m
Glossary10m
Brand Descriptions10m
About the Discussion Forums10m
Updating Your Profile10m
Social Media10m
Quiz1 practice exercise
Orientation Quiz10m
Hours to complete
4 hours to complete

Module 1: How Did We Get Here? Why Does It Matter?

The current global world is not unique nor is it stable. The world has been more globally integrated in the past than in the present times. Many emerging economies are actually re-emerging from a not-so-distant past when they dominated the global economy. An understanding of these processes will allow us to conduct sophisticated analyses of the global economy that take into account political and economic issues as well as historical processes. ...
Reading
6 videos (Total 63 min), 1 reading, 2 quizzes
Video6 videos
China and India: Re-emerging Economies7m
The Three Stages of Globalization10m
Latin America: A Case Study (Part 1)15m
Latin America: A Case Study (Part 2)21m
Like this course? Learn more with the iMBA! (Optional)1m
Reading1 reading
Module 1 Readings and Resources10m
Quiz1 practice exercise
Module 1 Quiz38m
Week
2
Hours to complete
4 hours to complete

Module 2: The Big Disappointment: The World Did Not Converge

During the 1990s, many analysts forecasted a global cultural, economic, and political convergence. Reality shows that this did not happen. Business people engaged in global activities need to understand how to analyze the differences between countries. This module provides tools for this type of analysis and ways to determine how they affect businesses....
Reading
4 videos (Total 74 min), 1 reading, 2 quizzes
Video4 videos
Cultural Distance30m
Administrative Distance23m
Economic Distance9m
Reading1 reading
Module 2 Readings and Resources10m
Quiz1 practice exercise
Module 2 Quiz40m
Week
3
Hours to complete
3 hours to complete

Module 3: Why We Trade and How We Do It

The most basic way by which corporations develop international operations is through trade. These operations are determined by the way nations arrange trade with each other. In this section we explore what determines what and how countries trade with each other, the mechanisms regulating this trade, and the way corporations adapt to them....
Reading
4 videos (Total 36 min), 1 reading, 2 quizzes
Video4 videos
Contemporary Explanations8m
Institutions in Charge of World Trade6m
Implications for Business8m
Reading1 reading
Module 3 Readings and Resources10m
Quiz1 practice exercise
Module 3 Quiz40m
Week
4
Hours to complete
2 hours to complete

Module 4: Why Do We Have Multinationals? What Determines the Type of Multinational?

You don’t need to be a multinational to succeed in the business world. In fact, not all successful firms become multinational and not all multinationals are successful. This module explains what the main elements are in determining whether firms become multinational or not, what characteristics they exploit when going abroad, and where their competitive advantage is. ...
Reading
4 videos (Total 48 min), 1 reading, 1 quiz
Video4 videos
Ownership Advantages17m
Location Advantages13m
Internalization Advantages5m
Reading1 reading
Module 4 Readings and Resources10m
Quiz1 practice exercise
Module 4 Quiz38m

Instructor

Avatar

Marcelo Bucheli

Associate Professor
Department of Business Administration, College of Business
Graduation Cap

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

About University of Illinois at Urbana-Champaign

The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs. ...

About the Global Challenges in Business Specialization

Learning Outcomes for the Specialization: Upon completion of this specialization, you will be able to: Understand how businesses function in the global marketplace. Make ethical decisions to run a responsible business in the global marketplace. Understand the role of business in addressing global challenges such as poverty and the environment. Understand how business can pursue opportunities and confront challenges in the complex global marketplace....
Global Challenges in Business

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.