As the world of business has become more and more international at the beginning of the 21 century, it is obvious that management must also be international in its focus. Thus, effective managers will be those who understand the nature of international business and how cross-national similarities and differences impact on management. This course provides theoretical foundations and overview of firm level business structures for companies that operate internationally. Furthermore, students who follow this course will understand the importance of regionalization in world trade and appreciate the importance of diversity and its impact upon global business practices. Hence, upon successful completion of this course, the student will understand the scope of the new global economy and the role of management in successfully directing international trade activities.