Free Online Course in International Business

Knowledge Statement

Knowledge of Resources:  Banks, U.S. Government Agencies, International Chamber of Commerce

Activity

Assign a different resource to each student in the class.  Have each student to the following:

1.                     Visit the websites of the resources listed or identify an industry organization that the student is interested in.

2.                     Print the home page of the website.

3.                     Identify the mission of the organization.

4.                     Identify the resources and programs available to businesses.

5.                     Identify any other resources or links provided by the organization.

6.                     Share his/her findings in class.

Assessment

1.                     For the international manager, banks are

a.      a source of low interest loans for exports.

b.      a source of information on key personnel.

c.       a source of credit and country risk information.

d.      a source for export receivable insurance.

2.                     The SBA provides US exporters with

a.      loan guarantee programs for export transactions.

b.      low interest rate loans to import components.

c.       direct loans for export transactions.

d.      foreign company profiles.

3.                     The International Chamber of Commerce created the UCP500 as a

a.      legal and binding guidelines for international transactions.

b.      guideline for international banking transactions.

c.       rules and regulations for international transportation.

d.      guidelines for international insurance.

4.                     Industry Organizations provide

a.      low cost funding for international transactions.

b.      international receivables insurance.

c.       guidelines for acceptable international business behavior.

d.      events and information to members.

(Correct answers: 1=c, 2=a, 3=b, 4=d)