Louisiana Administrative Code
Title 28 - EDUCATION
Part LXVII - Bulletin 1977-Business Education Content Standards Curriculum Framework for Louisiana
Chapter 5 - Strands
Section LXVII-509 - International Business
Universal Citation: LA Admin Code LXVII-509
Current through Register Vol. 50, No. 9, September 20, 2024
A. International Business. Since business is conducted in a local, state, national, and international marketplace, students must understand how social, cultural, political, legal, and economic factors impact the business environment.
B. Benchmarks
1. *Explain the role of international
business and analyze its impact on careers and doing business at the local,
state, national, and international levels.
2. Apply communication strategies necessary
and appropriate for effective and profitable international business
relations.
3. Describe the social,
cultural, political, legal, and economic factors that shape and impact the
international business environment.
4. Describe the environmental factors that
define what is considered ethical business behavior.
5. Explain the role, importance, and concepts
of international finance and risk management.
6. *Discuss special challenges in the
operations and management of human resources in international
business.
7. Apply marketing
concepts to international business.
8. *Relate balance of trade concepts to the
import/export process.
9. Identify
forms of business ownership and entrepreneurial opportunities available in
international business.
AUTHORITY NOTE: Promulgated in accordance with R.S. l7:6.
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