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Business Education

Standard 32.Understands the social, cultural, political, legal, and economic factors and issues that shape and impact the international business environment
  Level IV (Grade 9-12)
   1. Knows unique social and cultural factors that affect international business activities (e.g., social roles of women and minorities in various subpopulations; time zones; workday; workweek; schedules; holidays)
   2. Knows factors that affect the choice of location for international companies (e.g., trade barriers, tariffs, quotas, taxation policies)
   3. Understands the impact of political environments and geography on international business (e.g., climate; time zones; distance; topography; social, economic, and natural resources; geographic factors such as natural resources and natural harbors)
   4. Understands the impact of culture on international business (e.g., ways in which language, behavior, values, and attitudes influence relations between trading partners; the impact of cultural traditions on international business practices; the importance of understanding the cultural background of international business partners)
   5. Understands the characteristics of marketing in international business (e.g., types of media used in foreign markets; advertising strategies and techniques used in foreign markets; strategies for increasing a business’s involvement in international markets; elements of multinational and mass marketing; similarities and differences between international consumer markets and commercial markets)
   6. Understands ways in which social, cultural, technological, and geographic factors influence patterns of consumer buying in different cultures
   7. Knows factors that influence international business management (e.g., environmental factors that influence the uses of specific organizational structures; cultural factors that influence the uses of specific managerial styles in different countries; different approaches to human resource management in international business)