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Elements and Performance Criteria

  1. Identify and analyse impacts of international factors on the business operation and functions
  2. Investigate international business opportunities in the areas of investment, trade, finance and workforce development
  3. Operate international business activities
  4. Identify and analyse impacts of international factors on the business operation and functions
  5. Investigate international business opportunities in the areas of investment, trade, finance and workforce development
  6. Operate international business activities

Range Statement


Performance Evidence

Candidates must use their knowledge of the international business context to respond to factors impacting business activity. Evidence must demonstrate the candidate's consistency of performance over time.

Candidates must demonstrate ability to:

use analytical skills to identify potential risks and opportunities, and assess market dynamics

use culturally appropriate communication skills to relate to people with diverse backgrounds and abilities

make decisions

use interpersonal skills to:

maintain appropriate relationships with colleagues

establish trust

value and be open to, the opinions of others

work as part of a team

listen actively

demonstrate cultural sensitivity

negotiate effectively

use planning and organisational skills to develop and implement business strategies

use problem-solving, initiative and administrative skills to seek and develop international business opportunities

use research skills to identify international business trends and opportunities

manage risk

use a range of tools to monitor business performance

effectively integrate international business challenges and opportunities within and across functional business areas


Knowledge Evidence

Candidates must demonstrate specialised and integrated technical and theoretical knowledge of:

relevant legislation, codes of practice and standards that affect international business

nature and scope of international business

international trade and investment theory

international monetary system and balance of payments

foreign exchange and financial markets

national trade and investment policy

co-operation between nation’s legal and political forces

cultural diversity, interpersonal relations and human resource management

strategic management

modes of entry and strategic alliances

organisational design and control

international marketing and operations management

international finance, accounting and taxation

key concepts of international business and their application within an enterprise

key trends in international business