Course Objectives:

• Apply critical-thinking skills to analyze business situations
• Assess current global economic and political policies and their impact on business decisions
• Critically analyze and evaluate real-life economic problems and opportunities by applying economic concepts, principles, and theory
• Explain the macroeconomic and microeconomic concepts and how they relate to the management of a global organization
• Explain the opportunities provided by technology for businesses
• Interpret the functions, opportunities, and challenges of the international monetary system
• Predict situations that present potential legal and ethical issues, and develop solutions for those issues
• Use effective communication techniques

Review the Terminal Course Objectives listed above. How will accomplishing these objectives support the student's success in management? What risks or challenges might a manager encounter if he or she has not mastered these objectives? Explain.