Artesis Plantijn Hogeschool Antwerpen
Business en Recht
ALSEM: International Business/134433/2764/2223/1/02
Study guide

ALSEM: International Business/1

34433/2764/2223/1/02
Academic year 2022-23
Is found in:
  • International programmes Business and Law, programme stage 3
This is a single course unit.
Study load: 3 credits
Teaching staff: De Backer Hans, Vleck Luc
Languages: English
Scheduled for: Module 1
This course unit is marked out of 20 (rounded to an integer).
Possible deadlines for learning account: 15.10.2022 ()
Re-sit exam: is possible.
Compensated fail: This course unit is eligible for compensation according to the compensated fail criteria as determined by the degree programme you are enrolled in.

Caution

This information is subject to possible future changes in the Corona-measures.

Short description

The purpose of this course is to give a comprehensive overview of the main concepts related to international business processes (i.e. incoterms, documentary credit, customs formalities, etc.). More specifically, this course should allow students to understand the daily practice of an international business (including the use/interpretation of the various international trade documents), which will eventually support the management trainee/professional bachelor in fulfilling her/his tasks in an international business environment.

Prerequisites

There are no prerequisites for this course.

Educational organisation (text)

Lecturing (using PPT’s and a textbook); case study-approach.
Textbook: Guillermo, C. J. (2012). ICC Guide to Export/Import. Global Standards for International Trade. Fourth edition. Paris: International Chamber of Commerce.

Learning outcomes (text)

1. The student can explain the major (business) risks of an export-import process (e.g. legal risks, currency risks, etc.).
2. The student can explain the information content of the main documents used in international business (e.g. the letter of credit).
3. The student can explain the main concepts of an international business process (e.g. the role of business chambers).
4. The student can explain the use of the different incoterms.
5. The student can explain the differences between the various incoterms.
6. The student can explain the clauses/stipulations of standard contracts used in international trade (e.g. an international sales agreement).
7. The student can explain the various international payment techniques (e.g. documentary credit, open account, etc.)
8. The student can explain short-term trade finance techniques (e.g. factoring)
9. The student can explain the basic techniques to manage currency risks in international business transactions (e.g. currency options and forwards).
10. The student can explain the main elements of international agency contracts and of distributorship contracts.
11. The student can explain the different customs formalities (e.g. single administrative document).
12. The student can explain the main VAT principles of international trade (e.g. intra-community supply of services/goods).
13. The student can explain the main concepts of intellectual property rights.
14. The student uses the theoretical insights to solve business-oriented cases and exercises.

Course content

The purpose of this course is to give a comprehensive overview of the main concepts related to international business processes (i.e. incoterms, documentary credit, customs formalities, etc.). More specifically, this course should allow students to understand the daily practice of an international business (including the use/interpretation of the various international trade documents), which will eventually support the management trainee/professional bachelor in fulfilling her/his tasks in an international business environment.

Evaluation (text)

Written examination (60% of the points): knowing, explaining and applications/exercises.
Oral examination (40% of the points): knowing, explaining and applications/exercises.