In Unit 3 of International Business, students get their first glimpse at International Entrepreneurship. From learning the types of business structures to participating in foreign exchange, students will actively learn how businesses contribute to the international market place.
This module helps students understand the struggles many entrepreneurs have in maintaining a profitable business. The first unit covers profit and loss topics including opportunity cost, marginal benefit, marginal cost, total revenues and total expenses. The second unit explains the importance of short-term and long-term planning in reaching profitability.