Coded Expectations, Introduction to International Business ...
International Business: Canada and Global Trade
Curriculum Correlation: Grade 12, University/College Preparation, BBB4M
|BBB4M EXPECTATIONS |Nelson International Business Student Book |
|The Global Environment for Business |
|Overall Expectations |
|GEV.01 determine how international business and economic activities increase the interdependence of nations |
|GEV.02 analyse ways in which people and domestic businesses have been and are affected by international business |
|GEV.03 evaluate the factors that influence a country’s ability to participate in international business |
|GEV.04 summarize the effects of trends in business, the workforce, and the nature of work on global business activity and economic conditions |
|Specific Expectations |
|International Interdependence |
|GE1.01 evaluate ways in which global business |Chapter 1 (1.4 Advantages and Disadvantages of International Trade; 1.5 Barriers to |
|activity affects the links between, and |International Trade) |
|interdependence among, countries |Chapter 2 (2.2 Why Do Companies Expand Internationally?; 2.3 Reasons for Recent Growth in |
| |International Business; 2.4 Advantages of Doing Business in Canada) |
| |Chapter 4 (4.2 The Global Marketplace; International Company Profile) |
| |Chapter 6 (6.4 Mapping International Trends) |
| |Chapter 8 (8.4 Disappearing Diversity) |
| |Chapter 9 (9.3 Economic Factors Related to International Business; 9.4 Managing |
| |International Financial Risks) |
| |Chapter 11 (11.2 The Global Market) |
| |Lesson 1-1 and 7-2, Teacher’s Resource |
|GE1.02 compare the advantages and disadvantages for|Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|a nation as it increases its interdependence with |Chapter 2 (2.4 Advantages of Doing Business in Canada) |
|other nations |Chapter 3 (3.4 Canada’s Global Challenge) |
| |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.4 Managing|
| |International Financial Risks) |
| |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management) |
| |Lesson 1-4 and 9-3, Teacher’s Resource |
|GE1.03 identify barriers to international business |Chapter 1 (1.5 Barriers to International Trade) |
|activity (e.g., tariffs, non-tariff barriers, |Chapter 4 (4.2 The Global Marketplace) |
|restrictions on currency movements and foreign |Chapter 7 (7.2 Problems with Standards) |
|investment, visa and passport policies, immigration|Chapter 9 (9.4 Managing International Financial Risks) |
|policies) and describe ways in which countries can | |
|lower the barriers |Chapter 11 (11.1 International Marketing Strategies) |
|GE1.04 identify and explain reasons for the |Chapter 1 (1.2 History of Canadian Trade) |
|international business relationships that Canada |Chapter 4 (International Company Profile) |
|has established with its major global partners over|Chapter 10 (10.3 Taking Action, Ethically) |
|time. |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Chapters 1 through 12: Canada’s Trading Partners |
| |Lessons 1-2 and 1-5, Teacher’s Resource |
|Effects of International Business |
|GE2.01 compare the features of a multinational |Chapter 2 (2.1 Components of International Business; 2.2 Why Do Companies Expand |
|company participating in global business with those|Internationally?) |
|of a company focused on domestic business activity |Chapter 4 (4.3 The Changing Workplace; 4.4 Staying Domestic or Going International?) |
| |Chapter 11 (11.1 International Marketing Strategies; 11.3 The International Marketing Mix) |
| |Lesson 4-5, Teacher’s Resource |
|GE2.02 evaluate the advantages and disadvantages of|Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|Canada’s international business relationships and |Chapter 2 (2.4 Advantages of Doing Business in Canada) |
|activities |Chapter 4 (4.3 The Changing Workplace) |
| |Chapter 5 (5.3 International Trade Agreements) |
| |Chapter 7 (7.2 Problems with Standards; 7.3 Realistic Marketing) |
| |Chapter 9 (9.4 Managing International Financial Risks) |
|GE2.03 analyse ways in which the workplace, |Chapter 4 (4.3 The Changing Workplace) |
|occupations, the nature of work, and working |Chapter 5 (5.1 Positioning and Branding in the Global Economy) |
|conditions have changed historically as a result of|Chapter 8 (8.3 Culture and International Business Practices) |
|the growth of a global economy |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
| |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
| |Lesson 4-1 and 4-4, Teacher’s Resource |
|Factors Influencing Participation in International Business |
|GE3.01 describe ways in which technology (e.g., |Chapter 1 (1.3 Canada’s Economic Identity) |
|e-commerce, e-banking, distribution and |Chapter 2 (2.3 Reasons for Recent Growth in International Business) |
|communication technology) has had an impact on the |Chapter 3 (3.4 Canada’s Global Challenge) |
|global business environment |Chapter 4 (4.2 The Global Marketplace) |
| |Chapter 7 (7.2 Problems with Standards) |
| |Chapter 11 (11.2 The Global Market) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 2-3, 4-3, 12-1, Teacher’s Resource |
|GE3.02 describe how the value of a country’s |Chapter 1 (1.5 Barriers to International Trade) |
|currency affects its ability to acquire products |Chapter 7 (7.1 Common Pitfalls) |
|from other nations |Chapter 9 (9.4 Managing International Financial Risks) |
| |Chapter 11 (11.3 The International Marketing Mix) |
| |Lesson 4-3, 7-1, and 9-4, Teacher’s Resource |
|GE3.03 demonstrate an understanding of |Chapter 1 (1.2 History of Canadian Trade; 1.5 Barriers to International Trade) |
|international agreements and organizations that |Chapter 2 (2.3 Reasons for Recent Growth in International Business) |
|have influenced global business activity (e.g., the|Chapter 3 (3.4 Canada’s Global Challenge) |
|General Agreement on Tariffs and Trade, the World |Chapter 5 (5.3 International Trade Agreements; 5.4 Organizations Influencing Global Trade) |
|Trade Organization) and of Canada’s involvement in |Chapter 7 (7.1 Common Pitfalls; 7.2 Problems with Standards) |
|them |Lesson 1-5, 5-3, 5-4, and 7-2, Teacher’s Resource |
|GE3.04 explain why governments may develop policies|Chapter 1 (1.2 History of Canadian Trade; 1.5 Barriers to International Trade) |
|to protect some products or industries from the |Chapter 7 (7.1 Common Pitfalls) |
|international competition that results from global |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.2 |
|business activity |Assessing Global Political Risks) |
| |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management) |
|GE3.05 determine the effect on international |Chapter 1 (1.2 History of Canadian Trade; 1.5 Barriers to International Trade) |
|business of Canadian government policies (e.g., |Chapter 2 (2.1 Components of International Business; International Business Career Profile) |
|related to corporate taxation, tariffs, investment)|Chapter 5 (5.3 International Trade Agreements) |
|and initiatives (e.g., intergovernmental contacts, |Chapter 8 (Canada’s Trading Partners) |
|embassy and consulate networks, government trade |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; |
|missions). |International Organization Profile) |
| |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility) |
|Effects of Trends |
|GE4.01 identify Canadian companies and industries |Chapter 1 (1.3 Canada’s Economic Identity) |
|that have benefited from increasing global business|Chapter 2 (2.1 Components of International Business) |
|activity in the last few decades |Chapter 4 (4.2 The Global Marketplace) |
| |Chapter 6 (6.1 Understanding International Opportunities; 6.3 Identifying International |
| |Opportunities and Trends; 6.4 Mapping International Trends) |
| |Chapter 9 (9.3 Economic Factors) |
| |Chapters 1 through 12: International Company Profiles |
| |Lesson 7-3, Teacher’s Resource |
|GE4.02 describe reasons for the growth of the |Chapter 1 (International Company Profile) |
|number and size of multinational companies over |Chapter 2 (2.2 Why Do Companies Expand Internationally?; 2.3 Reasons for Recent Growth in |
|time |International Business) |
| |Chapter 5 (5.1 Positioning and Branding in the Global Economy; 5.2 Corporate Globalization) |
| |Chapter 6 (6.4 Mapping International Trends) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
|GE4.03 predict how increases in global business |Chapter 3 (3.4 Canada’s Global Challenge) |
|will affect the strength of businesses, industries,|Chapter 4 (4.2 The Global Marketplace; 4.3 The Changing Workplace) |
|and sectors in Canada’s economy in the next decade |Chapter 10 (10.3 Taking Action, Ethically) |
| |Chapter 11 (11.2 Global Marketing) |
|GE4.04 identify growing international markets and |Chapter 3 (3.4 Canada’s Global Challenge) |
|describe the nature of these markets |Chapter 4 (4.1 What Is Change?) |
| |Chapter 5 (5.2 Corporate Globalization) |
| |Chapter 7 (7.3 Realistic Marketing) |
| |Chapter 8 (8.2 Culture and Consumer Needs and Wants; 8.4 Disappearing Diversity) |
| |Chapter 10 (10.3 Taking Action, Ethically) |
| |Chapter 11 (11.1 International Marketing Strategies; 11.2 Global Marketing; 11.3 The |
| |International Marketing Mix) |
| |Chapters 1 through 12: Canada’s Trading Partners |
| |Lesson 1-3 and 2-1, Teacher’s Resource |
|Business and Trade |
|Overall Expectations |
|BTV.01 demonstrate an understanding of international business terminology and concepts |
|BTV.02 analyse the impact of international business activity on a country’s economy |
|BTV.03 assess how international business can affect one or more of a company’s business functions. |
|Terminology and Concepts |
|BT1.01 define the basic terminology of |Coverage of BT1.01 runs throughout all chapters of the Student Book. |
|international business (e.g., international trade, | |
|multinational enterprise, global company, exports, | |
|imports, culture) | |
|BT1.02 demonstrate an understanding of key concepts|Coverage of BT1.02 runs throughout all chapters of the Student Book. |
|related to international business and globalization|Lesson 3-2 and 3-5, Teacher’s Resource |
|(e.g., terms of payment, exchange rate, absolute | |
|and comparative advantage) | |
|BT1.03 explain the factors that motivate companies |Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|to engage in international business |Chapter 2 (2.2 Why Do Companies Expand Internationally?; 2.3 Reasons for Recent Growth in |
| |International Business) |
| |Chapter 4 (4.4 Staying Domestic or Going International?) |
| |Chapter 5 (5.2 Corporate Globalization) |
| |Chapter 6 (6.1 Understanding International Opportunities) |
| |Chapter 8 (8.2 Culture and Consumer Needs and Wants) |
| |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.3 Economic|
| |Factors Related to International Business) |
| |Chapter 11 (11.3 The International Marketing Mix) |
| |Lesson 2-1 and 2-2, Teacher’s Resource |
|The Impact of International Business |
|BT2.01 analyse the proportion of Canada’s gross |Chapter 1 (1.3 Canada’s Economic Identity) |
|domestic product and jobs that are directly |Chapter 2 (2.4 Advantages of Doing Business in Canada) |
|affected by its international business activity |Chapter 3 (3.4 Canada’s Global Challenge) |
| |Chapter 4 (4.3 The Changing Workplace) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
|BT2.02 evaluate arguments for and against freer |Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|international trade for Canada |Chapter 4 (4.2 The Global Marketplace) |
| |Chapter 5 (5.3 International Trade Agreements) |
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
| |Action, Ethically) |
|BT2.03 describe how the state of Canada’s economy |Chapter 1 (1.1 Evolution of Global Trade) |
|and industries can affect international businesses |Chapter 2 (2.4 Advantages of Doing Business in Canada) |
|operating in Canada (e.g., the effect of low |Chapter 3 (3.1 Establishing a Global Presence; 3.2 Achieving Competitive Advantage) |
|production and high unemployment levels) |Chapter 4 (4.2 The Global Marketplace) |
| |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade) |
|BT2.04 describe the effects of international |Chapter 1 (1.3 Canada’s Economic Identity; 1.4 Advantages and Disadvantages of International|
|business activity on economic conditions in Canada |Trade) |
|(e.g., on employment levels, quality and quantity |Chapter 3 (3.3 The Meaning of Productivity; 3.4 Canada’s Global Challenge) |
|of products, prices, competition, technological |Chapter 4 (4.2 The Global Marketplace) |
|development) |Chapter 6 (6.4 Mapping International Trends) |
| |Chapter 11 (11.3 The International Marketing Mix) |
| |Lesson 3-1, Teacher’s Resource |
|BT2.05 describe the impact of international |Chapter 1 (1.1 Evolution of Global Trade; 1.2 History of Canadian Trade; International |
|business activity on various regions in Canada |Business Career Profile) |
| |Chapter 3 (International Company Profile) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 3-2 and 3-3, Teacher’s Resource |
|BT2.06 analyse ways in which Canada has tried to |Chapter 2 (International Business Career Profile) |
|assist other countries with economic development, |Chapter 4 (International Business Career Profile) |
|international business capability, and |Chapter 8 (Canada’s Trading Partners) |
|opportunities to benefit from international |Chapter 9 (International Organization Profile) |
|business |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
| |Action, Ethically; International Company Profile) |
|The Functions of Business |
|BT3.01 define “rationalization” as it applies to |Chapter 3 (3.4 Canada’s Global Challenge) |
|business and industry |Lesson 3-4, Teacher’s Resource |
|BT3.02 describe the impact of global business on |Chapter 3 (3.4 Canada’s Global Challenge) |
|rationalization in Canadian business (e.g., its |Chapter 11 (11.1 International Marketing Strategies) |
|role in downsizing, mergers, shutdowns, plant |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
|transfers, growth opportunities) |Transport) |
|BT3.03 explain how each of the functions of |Chapter 5 (5.1 Positioning and Branding in the Global Economy) |
|business (e.g., management, marketing, finance and |Chapter 7 (7.3 Realistic Marketing; 7.4 Infrastructure and Services) |
|accounting, operations, information technology) can|Chapter 11 (11.1 International Marketing Strategies; 11.2 Global Marketing; 11.3 The |
|be rationalized internationally |International Marketing Mix) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
|BT3.04 evaluate the impact of cultural differences |Chapter 8 (8.3 Culture and International Business Practices) |
|in managing diverse workforces |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business) |
|BT3.05 explain why a Canadian-based business may |Chapter 2 (2.2 Why Do Companies Expand Internationally?) |
|divide various functions among various countries |Chapter 3 (3.4 Canada’s Global Challenge) |
| |Chapter 11 (11.1 International Marketing Strategies; International Business Career Profile) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 5-2, Teacher’s Resource |
|BT3.06 assess how the global marketplace has |Chapter 4 (4.3 The Changing Workplace) |
|changed the ways in which an individual might run a|Chapter 5 (5.2 Corporate Globalization) |
|business, considering factors such as markets, |Chapter 7 (7.1 Common Pitfalls; 7.3 Realistic Marketing) |
|financing, and labour |Chapter 8 (8.3 Culture and International Business Practices) |
| |Chapter 9 (9.2 Assessing Global Political Risks; 9.3 Economic Factors Related to |
| |International Business; 9.4 Managing International Financial Risks) |
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
| |Action, Ethically) |
| |Chapter 11 (11.3 The International Marketing Mix; International Business Career Profile) |
| |Lesson 4-4, Teacher’s Resource |
|Factors Influencing Success in International Markets |
|Overall Expectations |
|IMV.01 analyse the ways in which cultural factors influence international business methods and operations |
|IMV.02 assess the ways in which differences in political, economic, and physical factors influence international business methods and operations|
|IMV.03 identify and describe common mistakes made by businesses in international markets |
|IMV.04 evaluate the factors currently affecting the international competitiveness of Canadian businesses |
|Specific Expectations |
|Cultural Factors |
|IM1.01 describe the modifications made to goods and|Chapter 2 (2.1 Components of International Business) |
|services to adapt them to the cultures of other |Chapter 7 (7.2 Problems with Standards; 7.4 Infrastructure and Services) |
|countries |Chapter 8 (8.2 Culture and Consumer Needs and Wants; 8.4 Disappearing Diversity) |
| |Chapter 11 (11.2 The Global Market) |
| |Lesson 8-2, Teacher’s Resource |
|IM1.02 describe the challenges a company may |Chapter 2 (2.1 Components of International Business) |
|encounter when ethics, values, language, and |Chapter 7 (7.3 Realistic Marketing; 7.4 Infrastructure and Services) |
|business practices vary among countries and |Chapter 8 (8.1 Customs and Culture; 8.2 Culture and Consumer Needs and Wants; 8.3 Culture |
|cultures |and International Business Practices) |
| |Chapter 9 (9.2 Assessing Global Political Risks; 9.3 Economic Factors Related to |
| |International Business; 9.4 Managing International Financial Risks) |
| |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
| |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
| |Chapter 11 (11.1 International Marketing Strategies) |
| |Lesson 8-1, 8-2, 8-3, 10-2, Teacher’s Resource |
|IM1.03 analyse how differences among cultures |Chapter 8 (8.1 Customs and Culture; 8.2 Culture and Consumer Needs and Wants) |
|affect consumer needs and wants |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business) |
| |Chapter 11 (11.2 The Global Market; 11.3 The International Marketing Mix) |
| |Lesson 8-2, Teacher’s Resource |
|IM1.04 explain how the global market (e.g., global |Chapter 8 (8.1 Customs and Culture; 8.2 Culture and Consumer Needs and Wants) |
|distribution and availability of products) has |Chapter 11 (11.1 International Marketing Strategies; 11.2 The Global Market) |
|homogenized consumer demand |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 8-4, Teacher’s Resource |
|Political, Economic, and Physical Factors |
|IM2.01 explain the factors that make business |Chapter 2 (2.4 Advantages of Doing Business in Canada) |
|opportunities in a more developed country better |Chapter 3 (3.4 Canada’s Global Challenge) |
|than those in a less developed country (e.g., size |Chapter 7 (7.2 Problems with Standards; 7.3 Realistic Marketing; 7.4 Infrastructure and |
|of consumer base, amount of disposable income, |Services) |
|efficiency of communication and transportation) |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.2 |
| |Assessing Global Political Risks; 9.3 Economic Factors Related to International Business; |
| |9.4 Managing International Financial Risks) |
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business) |
| |Chapter 11 (11.2 The Global Market) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 7-4, Teacher’s Resource |
|IM2.02 compare different kinds of political and |Chapter 7 (7.4 Infrastructure and Services; Canada’s Trading Partners) |
|economic systems in relation to their impact on |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.2 |
|international business opportunities |Assessing Global Political Risks; 9.3 Economic Factors Related to International Business; |
| |9.4 Managing International Financial Risks) |
| |Lesson 7-4, 9-1, 9-2, and 9-3, Teacher’s Resource |
|IM2.03 summarize ways in which environmental |Chapter 1 (1.5 Barriers to International Trade) |
|concerns, policies, and regulations can affect |Chapter 7 (7.2 Problems with Standards) |
|international business activity |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
| |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
| |Lesson 4-2, Teacher’s Resource |
|Common Mistakes |
|IM3.01 identify companies that have made mistakes |Chapter 7 (7.1 Common Pitfalls; 7.2 Problems with Standards; 7.3 Realistic Marketing) |
|when entering foreign markets and describe the most|Chapter 8 (8.3 Culture and International Business Practices) |
|common mistakes |Chapter 11 (11.1 International Marketing Strategies) |
| |Lesson 7-1, Teacher’s Resource |
|IM3.02 identify and describe the problems that some|Chapter 1 (1.5 Barriers to International Trade) |
|companies have experienced when exporting or |Chapter 7 (7.1 Common Pitfalls; 7.2 Problems with Standards; 7.3 Realistic Marketing; 7.4 |
|importing goods and services |Infrastructure and Services) |
| |Chapter 8 (8.2 Culture and Consumer Needs and Wants) |
| |Chapter 9 (9.2 Assessing Global Political Risks; 9.4 Managing International Financial Risks)|
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business) |
| |Lesson 7-1 and 7-3, Teacher’s Resource |
|IM3.03 explain why some products imported to Canada|Chapter 7 (7.1 Common Pitfalls; 7.2 Problems with Standards; 7.3 Realistic Marketing; 7.4 |
|have not sold well |Infrastructure and Services) |
|International Competitiveness |
|IM4.01 compare the successes of Canadian businesses|Chapter 4 (4.2 The Global Marketplace) |
|in a variety of international markets |Chapter 11 (11.1 International Marketing Strategies; 11.2 The Global Market; International |
| |Business Career Profile) |
| |Chapters 1 through 12: International Company Profiles |
|IM4.02 explain how Canada’s cultural diversity |Chapter 1 (1.2 History of Canadian Trade; 1.3 Canada’s Economic Identity; 1.5 Barriers to |
|contributes to its competitive success in |International Trade) |
|international business |Chapter 8 (8.1 Customs and Culture; 8.2 Culture and Consumer Needs and Wants; 8.4 |
| |Disappearing Diversity) |
|IM4.03 demonstrate an understanding of how changes |Chapter 5 (5.2 Corporate Globalization) |
|in the value of the Canadian dollar can affect |Chapter 7 (7.1 Common Pitfalls) |
|business opportunities (e.g., a lower-valued dollar|Chapter 9 (9.4 Managing International Financial Risks) |
|can boost export sales in the short run) |Chapter 11 (11.3 The International Marketing Mix) |
| |Lesson 9-4, Teacher’s Resource |
|IM4.04 demonstrate an understanding of how Canada’s|Chapter 1 (1.5 Barriers to International Trade) |
|taxation policies have affected its international |Chapter 3 (3.4 Canada’s Global Challenge) |
|business activities |Chapter 9 (9.2 Assessing Global Political Risks) |
|IM4.05 explain why some companies are much more |Chapter 3 (3.5 Quality, Continual Improvement, and Competitive Advantage) |
|capable of achieving international business success|Chapter 4 (4.1 What Is Change?; 4.2 The Global Marketplace) |
|than are others |Chapter 5 (5.2 Corporate Globalization) |
| |Chapter 7 (7.3 Realistic Marketing) |
| |Chapter 8 (8.3 Culture and International Business Practices) |
| |Chapter 10 (10.3 Taking Action, Ethically) |
| |Chapter 11 (11.1 International Marketing Strategies; 11.3 The International Marketing Mix) |
| |Chapters 1 through 12: International Company Profiles |
| |Lesson 4-5, 6-1, and 6-2, Teacher’s Resource |
|Marketing Challenges, Approaches, and Distribution |
|Overall Expectations |
|MCV.01 demonstrate an understanding of the challenges facing a business that wants to market a product internationally |
|MCV.02 compare the approaches taken by various companies to market their products internationally |
|MCV.03 compare the logistics of local, national, and international distribution |
|MCV.04 analyse the ways in which ethical issues affect international distribution and service |
|Specific Expectations |
|Marketing Challenges |
|MC1.01 compare categories of products that move |Chapter 1 (1.5 Barriers to International Trade) |
|freely into and out of Canada with those that are |Chapter 7 (7.1 Common Pitfalls; 7.2 Problems with Standards) |
|restricted in their movement |Chapter 11 (11.2 The Global Market) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 11-2, Teacher’s Resource |
|MC1.02 compare the challenges a company faces in |Chapter 1 (1.5 Barriers to International Trade) |
|getting a product to different markets |Chapter 2 (2.1 Components of International Business) |
| |Chapter 3 (3.2 Achieving Competitive Advantage) |
| |Chapter 4 (4.2 The Global Marketplace) |
| |Chapter 7 (7.3 Realistic Marketing; 7.4 Infrastructure and Services) |
| |Chapter 8 (8.2 Culture and Consumer Needs and Wants) |
| |Chapter 9 (9.2 Assessing Global Political Risks; 9.4 Managing International Financial Risks)|
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business) |
| |Lesson 11-1, Teacher’s Resource |
|MC1.03 determine the importance of understanding |Chapter 7 (7.3 Realistic Marketing) |
|consumer differences when marketing globally (e.g.,|Chapter 8 (8.2 Culture and Consumer Needs and Wants) |
|differences in cultural, economic, and other |Chapter 11 (11.3 The International Marketing Mix) |
|characteristics) |Lesson 8-1, 8-2, 11-2, Teacher’s Resource |
|MC1.04 describe the ways in which technology (e.g.,|Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|e-commerce, advances in distribution and |Chapter 3 (3.3 The Meaning of Productivity) |
|manufacturing, electronic communication) is |Chapter 4 (4.1 What Is Change?) |
|influencing global marketing strategies |Chapter 7 (7.2 Problems with Standards; 7.4 Infrastructure and Services) |
| |Chapter 11 (11.2 The Global Market) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 11-1, Teacher’s Resource |
|Marketing Approaches |
|MC2.01 describe the adaptations that have been made|Chapter 11 (11.1 International Marketing Strategies; 11.2 The Global Market; 11.3 The |
|to the marketing mix of a product in order to |International Marketing Mix) |
|market it internationally |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 11-3, Teacher’s Resource |
|MC2.02 describe the legal, cultural, and economic |Chapter 2 (2.1 Components of International Business) |
|factors that must be addressed to market a product |Chapter 7 (7.3 Realistic Marketing) |
|internationally |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade) |
| |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
| |Action, Ethically) |
| |Chapter 11 (11.1 International Marketing Strategies; 11.2 The Global Market; 11.3 The |
| |International Marketing Mix) |
| |Lesson 11-2, Teacher’s Resource |
|MC2.03 determine the types of market research |Chapter 8 (8.3 Culture and International Business Practices) |
|necessary to prepare businesses for entering |Chapter 9 (9.2 Assessing Global Political Risks) |
|foreign markets |Chapter 11 (11.1 International Marketing Strategies; 11.2 The Global Market; 11.3 The |
| |International Marketing Mix) |
| |Lesson 8-2 and 11-2, Teacher’s Resource |
|Distribution and Logistics |
|MC3.01 describe the logistics of delivering a |Chapter 7 (7.4 Infrastructure and Services) |
|product to a local, a national, and an |Chapter 11 (11.3 The International Marketing Mix) |
|international market |Chapter 12 (12.1 Logistics and Supply Chain Management) |
| |Lesson 12-1 and 12-3, Teacher’s Resource |
|MC3.02 describe the key factors (e.g., climatic |Chapter 2 (2.3 Reasons for Recent Growth in International Business) |
|considerations, topography, cost) that influence |Chapter 4 (4.2 The Global Marketplace) |
|the ways in which a company may deliver its product|Chapter 7 (7.4 Infrastructure and Services) |
|to an international market |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Lesson 12-2, Teacher’s Resource |
|MC3.03 compare the advantages and disadvantages of |Chapter 2 (2.3 Reasons for Recent Growth in International Business) |
|different modes of transportation as means for |Chapter 7 (7.4 Infrastructure and Services) |
|distributing a product to different world markets |Chapter 11 (11.3 The International Marketing Mix) |
| |Chapter 12 (12.2 Distribution and Modes of Transport) |
| |Lesson 7-1 and 12-2, Teacher’s Resource |
|MC3.04 determine the value of having an export plan|Chapter 12 (12.3 Advantages of an Export Plan) |
|when exploring opportunities for doing global | |
|business in a new international market | |
|Ethical Issues |
|MC4.01 describe ways in which multinational |Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|companies have both positive and negative effects |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
|on the countries in which they operate |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
| |Lesson 10-1, 10-2, 10-3, Teacher’s Resource |
|MC4.02 evaluate the ethical issues that arise for |Chapter 1 (1.4 Advantages and Disadvantages of International Trade) |
|companies competing internationally in relation to |Chapter 2 (International Company Profile) |
|the following groups: consumers (e.g., safety, fair|Chapter 7 (7.2 Problems with Standards) |
|pricing, disclosure); stockholders (e.g., fair |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade) |
|return, controlled risk); employees (e.g., fair |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
|wages, good working conditions, use of child |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
|labour); the host country (e.g., effects on the |Lesson 10-2, Teacher’s Resource |
|local economy, laws, cultural preservation); and | |
|society (e.g., sustainability of development, | |
|health of environment, conservation of resources) | |
|MC4.03 describe ways in which more developed |Chapter 2 (International Business Career Profile) |
|countries such as Canada can help strengthen the |Chapter 3 (3.4 Canada’s Global Challenge) |
|international business potential and capability of |Chapter 7 (International Business Career Profile) |
|less developed countries (e.g., by helping develop |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
|key business infrastructures such as |Issues Affecting the Conduct of International Business; 10.3 Taking Action, Ethically) |
|telecommunications networks, establishing |Lesson 5-4 and 10-3, Teacher’s Resource |
|partnerships/alliances between mature and newer | |
|companies, supplying human “capital” to | |
|train/educate individuals in businesses) | |
|World Markets and Careers |
|Overall Expectations |
|WMV.01 analyse the business implications of the physical, economic, and social conditions in various countries |
|WMV.02 develop strategies to prepare for working in international markets |
|WMV.03 describe career opportunities, skills and competencies, and education and training that relate to international markets |
|Specific Expectations |
|Physical, Economic, and Social Conditions |
|WM1.01 analyse the physical, economic, and social |Chapter 2 (Canada’s Trading Partners) |
|factors that have influenced international business|Chapter 3 (3.4 Canada’s Global Challenge) |
|relationships over time |Chapter 4 (4.3 The Changing Workplace) |
| |Chapter 5 (5.2 Corporate Globalization) |
| |Chapter 9 (9.3 Economic Factors Related to International Business) |
| |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; |
| |12.2 Distribution and Modes of Transport) |
|WM1.02 compare the sources and destinations of |Chapter 2 (2.1 Components of International Business) |
|Canada’s current major imports and exports |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
|WM1.03 compare the business and trade links between|Chapter 1 (1.2 History of Canadian Trade) |
|Canada and the United States with those between |Chapter 4 (4.2 The Global Marketplace) |
|Canada and other countries |Chapter 5 (5.3 International Trade Agreements) |
| |Chapter 9 (9.1 The Political Process: Government’s Role in International Trade) |
| |Chapter 10 (10.3 Taking Action, Ethically) |
| |Chapter 12 (12.1 Logistics and Supply Chain Management; 12.2 Distribution and Modes of |
| |Transport) |
| |Chapters 1 through 12: Canada’s Trading Partners |
| |Lesson 2-5, Teacher’s Resource |
|WM1.04 demonstrate how the global marketplace has |Chapter 4 (4.2 The Global Marketplace) |
|created business opportunities for small businesses|Chapter 9 (9.1 The Political Process: Government’s Role in International Trade; 9.3 Economic|
| |Factors Related to International Business) |
| |Chapter 10 (International Company Profile) |
| |Chapter 11 (International Business Career Profile) |
|Working in International Markets |
|WM2.01 describe a process (e.g., interview, survey,|Chapter 2 (2.5 Preparing for the International Workplace) |
|Internet research, marketing plan) to prepare |Chapters 1 through 12: International Business Career Profiles |
|individuals for work in international markets | |
|WM2.02 compare working conditions (e.g., gender |Chapter 2 (2.5 Preparing for the International Workplace) |
|roles, business customs and practices, means of |Chapter 4 (4.3 The Changing Workplace) |
|communication, structure of the work day) in |Chapter 8 (8.3 Culture and International Business Practices) |
|various international markets |Chapter 10 (10.1 Understanding Business Ethics and Social Responsibility; 10.2 Ethical |
| |Issues Affecting the Conduct of International Business) |
|WM2.03 analyse differences across cultures of |Chapter 4 (4.3 The Changing Workplace) |
|perceptions, interpretations, and attitudes (e.g., |Chapter 8 (8.3 Culture and International Business Practices) |
|in relation to gender, hierarchical structure, |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
|communication, actions, events) that might affect |Action, Ethically) |
|how individuals work in another country | |
|WM2.04 compare conflict-management and negotiation |Chapter 8 (8.3 Culture and International Business Practices) |
|strategies across cultures |Chapter 10 (10.2 Ethical Issues Affecting the Conduct of International Business; 10.3 Taking|
| |Action, Ethically) |
|Careers and Skills |
|WM3.01 identify occupations that require an |Chapter 3 (3.4 Canada’s Global Challenge) |
|understanding of international markets |Chapters 1 through 12: International Business Career Profiles |
| |Lesson 2-5 and 12-3, Teacher’s Resource |
|WM3.02 determine the skills and competencies |Chapter 2 (2.5 Preparing for the International Workplace) |
|required for employment in international business |Chapters 1 through 12: International Business Career Profiles |
| |Lesson 2-1 and 2-5, Teacher’s Resource |
|WM3.03 describe education and training |Chapter 2 (2.5 Preparing for the International Workplace) |
|opportunities that are available in other countries|Chapters 1 through 12: International Business Career Profiles |
|WM3.04 determine the educational requirements for |Chapter 2 (2.5 Preparing for the International Workplace) |
|employment in international business |Chapters 1 through 12: International Business Career Profiles |
| |Lesson 2-5 Teacher’s Resource |
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