Business Management · Year 2 · Week 13

Franchising and Joint Venturing Approaches to International Business

Strand

Glocal Business

Sub-strand

International Business and E-Business

Content standard

Demonstrate knowledge and understanding of Domestic and International Trade

Learning outcome

Assess the essence of international Learners Using mixed-ability and mixed-gender pairings, Communication and Collaboration Skills: GESI: trade, its bases, restrictions and the acquire communication and teamwork skills as they special attention given to the catch-up, regular, gifted documents used. discuss in groups and present their ideas. and talented enables learners to:  respect individuals of different backgrounds  These skills be sensitive to the inter-relatedness of the various Problem-Solving and Analytical Skills: are developed through learners’ ability to identify issues spheres of life, groups, and individuals  affecting the country's finances in trading with other be aware of personal biases and stereotypes and countries and suggest ways to solve them. address them  embrace gender equality, diversity and practise inclusion  appreciate the different competencies that different individuals bring to the business environment  value and work in favour of an inclusive business environment  identify trade injustices between and among nations and provide possible solutions.  dispel misconceptions/myths about some nations being inferior to others as prevailed in the past : Learners having obtained varied competencies SEL which have exposed them to understanding socio- emotional issues relating to the study of international trade, they:  develop strategies for coping with and managing stressful experiences of international trade.  can accurately assess their strength and capabilities to venture into global business.  would develop communication skills and embrace diversity necessary to trade across nations.  can make informed decisions regarding problems associated with international trade. (cid:3) (cid:1007)(cid:1010)(cid:3) | BUSINESS MANAGEMENT 56 (cid:3)

Learning indicator

Analyse the various restrictions in international trade, the reasons for restrictions and explain the benefits and challenges of international trade