Casandra R. Langley
MGT 6053 – Perspective International Business
Michael A. Rinkus
Lawrence Technological University
April 3, 2011
In the beginning of this course I was intimidated by the work load of weekly discussions, discussion modules, papers due the same week as modules, the WTO debate and finally the term paper due the same day as consolidation paper, but I completely enjoyed every minute of it. Yes that opening sentence is extremely long, but it is consistent with the course workload. This course is very business healthy and organized with an approach of reinforced course work load to keep us in tune with the topics of international business. The book for the course is very …show more content…
I learned how to perform my key functions obtained from this course in order to strive and prosper in the international business environment. I utilized this book to help me research, the business aspects, strategy, plus prospects of IBM and Karmanos Cancer Institute. This course prepared me to be able to discuss business on a more mature, thorough and relaxed level of confidence.
My vision of the U.S. conversion to global economy is proven to be promising. On the positive side, global capitalism is beneficial to small and under developed businesses, which allows them to hire foreigners at lower cost. Jobs are slowly coming back to the U.S., the economy is striving to keep up with global change, expertise is being shared amongst diverse practices and new strategies are being formulated to conform to the economic crises.
On the negative side, US citizens got laid-off and constantly have to relocate overseas with new employers this caused a decrease in tax payers. Decrease in tax payers caused the loss of schools, public facilities, government services and it getting so bad that even doctors are starting to get laid-off. Marketability sunk because of increased prices of gas, clothing, goods, food and more that makes us