Study Guide

*is able to evaluate and develop one’s competence and learning methods
*is able to retrieve and analyze information and evaluate it critically
*is capable of taking responsibility for collaborative learning and sharing knowledge in teams

*is able to take responsibility for one’s own actions and for the consequences of these actions
*is able to work according to the ethical principles of the subject field
*is able to take other people into account
*is able to apply the principles of equality
*is able to apply the principles of sustainable development
*is able to wield influence in society using acquired skills and basing all activity on ethical values

*is able to operate as a member of a work community
*is able to operate in communicative and interactive situations in working life
*is able to utilize information and communications technology in one’s subject field
*knows the working life in one’s subject field and is able to create personal contacts in working life and to operate in professional networks
*is capable of decision making in unpredicted situations
*is able to apply the principles of organizational management and leadership in working life and has abilities for managerial tasks
*possesses entrepreneurial skills

*is able to conduct research, development and innovation projects applying the existing knowledge and methods of the field
*is able to work in projects
*is capable of creative problem solving and development of working methods
*is able to find customer- oriented, sustainable and profitable solutions

*possesses communicative competence necessary for one’s work and for professional development in the subject field
*is able to collaborate in a multicultural environment
*understands the effects of and opportunities for internationalization development in one’s own field

*Ability to outline and evaluate the key patterns and trends in international business activity, the different approaches to internationalisation, the influence of increasing globalisation,international trade systems and financial relations and the role of several principal institutions (e.g. WTO, EU, IMF, World Bank) in international business.
*Ability to assess the impact of these trends of the international business environment on one’s own activities as well on business policy.

*Ability to assess the differences between national, organisational and occupational cultures and to outline strategies for adapting to these differences in e.g. human resources management, marketing and intercultural communication.
*Identification of the relevant dimensions of cultures and development of self-awareness of one’s own cultural background.
*Ability to adapt one’s behaviour to the standards in other cultures and can maintain an international network essential to one’s tasks.

*Ability to assess processes and make decisions involved in developing international, i.e. export/import operations,focussing on supply chain management and to explain the meaning and application of key logistical concepts.

*Ability to perform a country-analysis on a macro, industrial and micro level, to conduct an international market survey in order to assess foreign market opportunities and competition.
*Ability to formulate market-entry strategies, to draft an international marketing plan and to implement, co-ordinate and control the international marketing (and sales)programme and projects.
*Ability to create, develop and maintain profitable customer relationships.

*Ability to use conceptual and visionary skills to contribute to the development, evaluation and implementation of the internationalisation strategy of a company.
*Ability to pro-actively seek and commercially evaluate business opportunities for both new and existing products.
*Risk-taking ability in order to optimise business profit.
*Ability to write and defend a business plan for a (start-up)
company.
*Ability to perform a variety of cost and revenue calculations and to transform these data into information needed for decision making and budgeting process.
*Ability to contribute to and evaluate key accounting summaries and investment opportunities.

*Ability to research and analyse relevant international business problems, to propose policy goals and objectives and to prepare alternative solutions in order to optimise business and human resources processes in order to strengthen the synergy between strategic, structural and cultural aspects of the organisation.