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Global Strategy I: How The Global Economy Works
  • Level Foundation
  • Duration 13 hours
  • Course by University of Illinois Urbana-Champaign
  • Offered by

About

Starting in the late 1990s, “globalization” became a buzzword to describe the apparent integration of markets in the world economy. Many authors and pundits claimed that the world was converging towards a market-friendly democratic place, while gurus and consulting firms were rapidly producing formulae and advice on how to make profits out of the global economy. Decades later, new realities show that globalization does not necessarily mean political, cultural, and economic convergence and that, in fact, forces against it are strong. This course seeks to help you understand the forces of globalization and how cross-cultural management and the relationship of a multinational organization to various host countries is becoming more and more critical in today’s global economy. This course begins with the discussion of these issues and global relationships and delves into a deeper understanding of business strategy in today’s global business marketplace. You will be able to: • Understand how we got to the present moment of globalization and why it matters • Understand the complexities of the current globalization, recognizing not all countries are the same • Evaluate the effects of international trade regulations on international business • Evaluate when and why companies operate as multinationals This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.

Modules

About the Course

    • 5 Videos
    • 5 Readings
    • 1 Quiz
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5 Videos

  • Welcome to Global Strategy I: How The Global Economy Works!
  • Know More about Professor Bucheli
  • Meet Instructor Ishva Minefee
  • The Impact of the Gies Community
  • Learn on Your Terms

5 Readings

  • Syllabus
  • Glossary
  • Brand Descriptions
  • About the Discussion Forums
  • Online Education at Gies College of Business

1 Quiz

  • Orientation Quiz

About Your Classmates

    • 1 Readings
    • 1 Discussion
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1 Discussions

  • Getting to Know Your Classmates

1 Readings

  • Updating Your Profile

Module 1 Overview

    • 2 Readings
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2 Readings

  • Module 1 Overview
  • Module 1 Readings

Lesson 1-1: Characteristics of the Current Globalization

    • 1 Videos
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1 Videos

  • Characteristics of the Current Globalization

Lesson 1-2: China and India: Re-emerging Economies

    • 1 Videos
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1 Videos

  • China and India: Re-emerging Economies

Lesson 1-3: The Three Stages of Globalization

    • 1 Videos
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1 Videos

  • The Three Stages of Globalization

Lesson 1-4: Latin America: A Case Study

    • 2 Videos
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2 Videos

  • Latin America: A Case Study (Part 1)
  • Latin America: A Case Study (Part 2)

Lesson 1-5: Sharing Economy

    • 1 Videos
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1 Videos

  • Sharing Economy

Module 1 Graded Activities

    • 1 Quiz
    • 1 PeerReview
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1 Peer Review

  • Module 1 Peer Review Assignment

1 Quiz

  • Module 1 Quiz

Module 1 Video Supplements

    • 4 Videos
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4 Videos

  • The Financial Revolution with Richard Sylla
  • 200 Years of British Business in Latin America with Rory Miller
  • The Business History of Communism with Phil Scranton
  • The History of the Global Business of Management Consulting with Chris McKenna

Module 2 Overview

    • 2 Readings
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2 Readings

  • Module 2 Overview
  • Module 2 Readings

Lesson 2-1: The Four Dimensions of Distance

    • 1 Videos
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1 Videos

  • The Four Dimensions of Distance

Lesson 2-2: Cultural Distance

    • 1 Videos
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1 Videos

  • Cultural Distance

Lesson 2-3: Administrative Distance

    • 1 Videos
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1 Videos

  • Administrative Distance

Lesson 2-4: Economic Distance

    • 1 Videos
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1 Videos

  • Economic Distance

Lesson 2-5 CAGE Distance

    • 1 Videos
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1 Videos

  • CAGE Distance

Module 2 Graded Activities

    • 1 Quiz
    • 1 PeerReview
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1 Peer Review

  • Module 2 Peer Review Assignment

1 Quiz

  • Module 2 Quiz

Module 3 Overview

    • 2 Readings
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2 Readings

  • Module 3 Overview
  • Module 3 Readings

Lesson 3-1: Classic Explanations

    • 1 Videos
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1 Videos

  • Classic Explanations

Lesson 3-2: Contemporary Explanations

    • 1 Videos
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1 Videos

  • Contemporary Explanations

Lesson 3-3: Institutions in Charge of World Trade

    • 1 Videos
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1 Videos

  • Institutions in Charge of World Trade

Lesson 3-4: Implications for Business

    • 1 Videos
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1 Videos

  • Implications for Business

Lesson 3-5: Regional Economic Integration

    • 1 Videos
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1 Videos

  • Regional Economic Integration

Module 3 Graded Activities

    • 1 Quiz
    • 1 PeerReview
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1 Peer Review

  • Module 3 Peer Review Assignment

1 Quiz

  • Module 3 Quiz

Module 4 Overview

    • 2 Readings
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2 Readings

  • Module 4 Overview
  • Module 4 Readings

Lesson 4-1: Not All Firms Succeed at Going Global

    • 1 Videos
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1 Videos

  • Not All Firms Succeed at Going Global

Lesson 4-2: Ownership Advantages

    • 1 Videos
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1 Videos

  • Ownership Advantages

Lesson 4-3: Location Advantages

    • 1 Videos
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1 Videos

  • Location Advantages

Lesson 4-4: Internalization Advantages

    • 1 Videos
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1 Videos

  • Internalization Advantages

Module 4 Graded Activities

    • 1 Quiz
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1 Quiz

  • Module 4 Quiz

Module 4 Video Supplements

    • 1 Videos
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1 Videos

  • White Collar Crime in International Business with Hartmut Berghoff

Congratulations

    • 2 Readings
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2 Readings

  • Congratulations on completing the course!
  • Get Your Course Certificate

Auto Summary

"Global Strategy I: How The Global Economy Works" is a foundational course in Business & Management led by Coursera. It examines globalization's impact on markets and multinational companies, evaluating international trade regulations and cross-cultural management. With a focus on understanding current global complexities, this course is ideal for business professionals and students. Part of the Gies College of Business online programs, it offers flexible learning options with Starter and Professional subscriptions.

Marcelo Bucheli
Instructor

Marcelo Bucheli