Foreign Trade Operations (4cr)

Objective

The students are able to estimate the company-specific prerequisites for internationalization, the markets of the target areas utilizing various sources of information, to choose an operational form considering company- and product-specific factors, and know the contract practices of the main operational forms. They also master the basic terminology of the field in English.

Content

The students have developed a basic knowledge of the forms of internationalization in a company: immediate export, direct and indirect export, agent, importer, export and import firms, subsidiary, own production units, licensing, franchising, wage-based and contract manufacturing. They are also familiar with the contract law of the main operational forms (agent and importer contracts) and can apply things learned to practice in working life.

Qualifications

The students have an overall picture of international trade.

Assessment criteria, satisfactory (1)

100-90 %: 5 (A Excellent)
89-80%: 4 (B Very good)
79-70%: 3 (C Good)
69-60%: 2 (D Satisfactory)
59-50%: 1 (E Sufficient)