International Business Management Program Standard


The approved program standard for two-semester post-diploma International Business Management Programs approved by the Ministry of Education and Training (MCU Code 70202) for delivery by Ontario Colleges of Applied Arts and Technology

Ministry of Education and Training, July 1998

© 1998, Ontario Ministry of Education and Training

ISBN 0-7778-7891-7


Acknowledgments

Table of Contents

  1. Introduction


  2. Vocational Standard


Acknowledgments

The Ministry of Education and Training acknowledges with thanks the significant contribution of the many individuals and organizations who participated in the development of this program standard. In particular, the Ministry of Education and Training would like to acknowledge the important roles of:

  • Members of the International Business Program Standards Committee: Maureen Kennedy Baker, Seneca College; Ken DeWolf, International Trade Centre; Julia Dotson, Confederation College; Cynthia Ferrier, Federal Express; Linda Gowda, Sheridan College; Laura MacLellan, Toronto Dominion Bank; Bruce MacMillan, Georgian College; Claudia-Ann Malette, Collège Boréal; Peter Malkovsky, Sir Sandford Fleming College; Katie Mior, Drive Automotive; Joe Ouellette, Acrolab Limited; Jim Scott, 3M Canada; Diane Vaillancourt, Business Consultant; Chris Whitaker, St. Lawrence College; Arthur Whited, St. Clair College; George Wright, Business Consultant.

  • The many individuals and organizations who participated in consultations during the project; the writer/editor, Brian Provini, Conestoga College; and the project officer who led the development of the vocational standard: Ken Reynolds, St. Clair College.

  • All those involved in the work of the CSAC Generic Skills Council and the development of the generic skills standard.

  • All those involved in the work of the CSAC General Education Council and the development of the general education standard.

I. Introduction

This document is the Program Standard for International Business Management Programs delivered by Ontario colleges of applied arts and technology. The program standard applies to all programs approved by the Ministry of Education and Training under MCU code 70202.

Development of System-Wide Program Standards

The Government of Ontario initiated program standards development with the objectives of bringing a greater degree of consistency to college programming offered across the province, broadening the focus of college programs to ensure graduates have the skills to be flexible and to continue to learn and adapt, and providing public accountability for the quality and relevance of college programs.

This mandate was initially carried out as the work of the College Standards and Accreditation Council (CSAC), established in 1993.

Effective September 1, 1996, CSAC was disbanded as a government agency and its standards-setting and accreditation functions were integrated into the Ministry of Education and Training. The Colleges Branch of the Ministry of Education and Training has now assumed responsibility for the development and approval of system-wide standards for programs at colleges of applied arts and technology of Ontario.

Program Standards

Post-diploma program standards are expressed in terms of learning outcomes.

Learning outcomes represent culminating demonstrations of learning and achievement. They are not simply a listing of discrete skills, nor broad statements of knowledge and comprehension. In addition, learning outcomes are interrelated and cannot be viewed in isolation of one another. As such, they should be viewed as a comprehensive whole. They describe performances that demonstrate that significant integrated learning by graduates of the program has been achieved and verified.

Expressing standards as learning outcomes ensures consistency in the outcomes for program graduates, while leaving to the discretion of individual colleges curriculum matters such as the specific program structure and delivery methods.

The Expression of Program Standards as Learning Outcomes

The vocational and generic skills components of program standards are expressed in terms of learning outcomes.

Learning outcomes represent culminating demonstrations of learning and achievement. They are not simply a listing of discrete skills, nor broad statements of knowledge and comprehension. In addition, learning outcomes are interrelated and cannot be viewed in isolation of one another. As such, they should be viewed as a comprehensive whole. They describe performances that demonstrate that significant integrated learning by graduates of the program has been achieved and verified.

Expressing standards as learning outcomes ensures consistency in the outcomes for program graduates, while leaving to the discretion of individual colleges curriculum matters such as the specific program structure and delivery methods.

The Presentation of the Learning Outcomes

The learning outcome statement sets out the culminating demonstration of learning and achievement that the student must reliably demonstrate before graduation.

The elements of performance for each outcome define and clarify the level and quality of performance necessary to meet the requirements of the learning outcome. However, it is the performance of the learning outcome itself on which students are evaluated. The elements are indicators of the means by which the student may proceed to satisfactory performance of the learning outcome. The elements do not stand alone but rather in reference to the learning outcome of which they form a part.

In some cases, in order to ensure clarity, an explanation of the outcome is also provided.

The Accreditation of Programs

The Ministry of Education and Training will establish a process to accredit college programs, with the objective of determining whether program graduates have achieved the learning outcomes and general education requirement established in a program standard.

The Development of a Program Standard

In establishing the standards development initiative, the Government determined that all postsecondary programs should include vocational skills coupled with a broader set of essential skills. This combination is considered critical to ensuring that college graduates have the skills required to be successful both upon graduation from the college program and throughout their working and personal lives.

A program standard is developed through a broad consultation process involving a range of stakeholders with a direct interest in the program area, including employers, professional associations, universities, secondary schools, and program graduates working in the field, in addition to students, faculty, and administrators at the colleges themselves. It represents a consensus of participating stakeholders on the essential learning that all program graduates should have achieved.

Updating the Program Standard

The Ministry of Education and Training will undertake regular reviews of the vocational learning outcomes for this program, as well as a review of the generic skills learning outcomes and the general education requirement, to ensure that the International Business Management Program Standard remains appropriate and relevant to the needs of students and employers across the Province of Ontario. To confirm that this document is the most up-to-date release, contact the Ministry of Education and Training at the address or telephone number noted on the document entitled College Program Standards – Introduction.


Table of Contents

II. Vocational Standard

All graduates of International Business Management Programs must have achieved the nineteen vocational learning outcomes listed in the following pages, in addition to achieving the generic skills learning outcomes and meeting the general education requirement.

Preamble

Many organizations are initiating or increasing activity in international commerce in order to grow and remain competitive. Within this context, graduates of International Business Management Programs carry out a variety of management functions in the Canadian and international business environments.

As this is a post-diploma program, students will have completed a college diploma or university degree program or have acquired substantial relevant employment experience prior to acceptance into the program. Typically, incoming students will possess skills such as communication, problem solving, and task management, and be familiar with information technology.

The field of international business encompasses a variety of disciplines, including finance, sales, marketing, and human resources; graduates have demonstrated a range of knowledge, skills, and abilities which are relevant to both business in general and international business in particular. Graduates of the two-semester post-diploma International Business Management Programs are prepared to perform sales, marketing, planning, negotiation, research, information management, and customs documentation functions in management careers which include negotiators, freight forwarders, and other positions of responsibility. They have also demonstrated management skills which include leadership and planning to support the international business activities of an organization.

International Business Management Program graduates work in a broad range of employment settings in all sectors of business and industry, in both domestic and international locations, including manufacturers, market research companies, educational institutions, retailers, insurance companies, freight forwarders, brokerage houses, banks and other financial institutions, common carriers, trade commissioners' offices and other government agencies, international business consulting firms, and other large and small businesses.

Because of the variety of cultural contexts in which international business is conducted, an appreciation of and respect for the histories, customs, and cultures of other countries are essential elements of a graduate's success in the international business field. Although foreign-language competency cannot be realistically achieved within a two-semester college program, the ability to communicate in another language will contribute to the graduate's success in the field. For this reason, students are strongly encouraged to pursue any opportunities available to develop foreign language proficiency, before beginning the program, during the program, and after graduation. As well, a student's learning will be enhanced by direct experience in the workplace.


Table of Contents

Synopsis of the Vocational Learning Outcomes
International Business Management Programs

The graduate has reliably demonstrated the ability to

  1. take into account the impact of various economic, legal, cultural, geographical, and political systems on international business.
  2. conduct business in compliance with relevant national and international law, legislation, policies, and regulations.
  3. apply computer skills and knowledge to support the international business functions.
  4. assist in the importing and exporting functions of a business.
  5. collect, process, and interpret data used to support international business.
  6. conduct business with diverse populations using culturally appropriate methods.
  7. contribute to the planning, directing, and evaluating of individual and team projects.
  8. develop an international marketing plan which includes marketing objectives, marketing mix, strategies, budgetary considerations, and evaluation criteria.
  9. develop strategies to utilize domestic and foreign government programs, policies, and agencies which facilitate international trade.
  10. apply financial knowledge and skills to the operation of an international business.
  11. develop strategies to prepare for the contingencies associated with personal international travel.
  12. take into account the business advantages of being multilingual.
  13. apply leadership and teamwork knowledge and skills when working with coworkers, supervisors, and others.
  14. apply knowledge of quality control and assurance programs to sourcing and supplying.
  15. apply the principles of business ethics and international corporate responsibility.
  16. employ entrepreneurial strategies to maximize the effectiveness of international business initiatives.
  17. participate in the development of an international business plan.
  18. develop strategies to negotiate effectively within various cultural environments.
  19. communicate information related to international business accurately and credibly in oral, written, and graphic form.

Note: The learning outcomes have been numbered as a point of reference; numbering does not imply prioritization, sequencing, nor weighting of significance.


The Vocational Learning Outcomes

1. The graduate has reliably demonstrated the ability to

take into account the impact of various economic, legal, cultural, geographical, and political systems on international business.

Elements of the Performance

  • Adapt strategies to respond to global trends
  • Recognize Canada's position in global markets
  • Assist in international research
  • Develop a working knowledge of geography, time zones, languages spoken, etc.
  • Take into account the legal differences in other countries
  • Keep abreast of global events and changes
  • Recognize the impact of national and international human rights and environmental protection issues on business
  • Recognize the impact of changes in the political climate or system on business
  • Recognize the value of living or working outside of Canada and the United States
  • Develop strategies to act as a liaison between the home and target cultures
  • Maintain a general knowledge of the monetary systems, what they are, and how they work
  • Relate world historical events to current business conditions

2. The graduate has reliably demonstrated the ability to

conduct business in compliance with relevant national and international law, legislation, policies, and regulations.

Elements of the Performance

  • Take into account differences in business ethics between countries
  • Develop a working knowledge of relevant domestic and international laws, practices, conventions, and regulations
  • Adhere to company policies, procedures, principles, and practices

3. The graduate has reliably demonstrated the ability to

apply computer skills and knowledge to support the international business functions.

Elements of the Performance

  • Use latest software available
  • Access trade and market research using Internet technology
  • Remain current on information technology to access all available information
  • Use professional presentation skills (written, graphic, and oral), including computer presentation software
  • Recognize the limitations of electronic information

4. The graduate has reliably demonstrated the ability to

assist in the importing and exporting functions of a business.

Elements of the Performance

  • Contribute to the documentation necessary for importing and exporting
  • Take into account issues related to the international transportation of goods
  • Apply knowledge of relevant import/export legislation, quotas, tariffs, etc.*
  • Apply knowledge of Harmonized System Tariff Classification as required*
  • Recognize International Commercial Terms (INCOTERMS 90)*
  • Apply knowledge of North American Free Trade Agreement (NAFTA) rules of origin as required*
  • Recognize the value of quality standards such as ISO 9000 series certification
  • Employ Customs offices as a resource for import regulations, procedures, and documentation
  • Apply principles of logistics (transportation, production, insurance, inventory control, supply-side management, etc.)
  • Assist in contract negotiation and development
  • Take into account regional trading blocs
  • Identify the role of strategic alliances and partnerships
  • Recognize the roles of the World Trade Organization, General Agreement on Tariffs and Trade (GATT), and International Chamber of Commerce (ICC), and other relevant international organizations and agreements*
  • Identify strategies to export services such as information, education, and training

    * Acts and treaties named in this document may be superseded by more recent legislation.

5. The graduate has reliably demonstrated the ability to

collect, process, and interpret data used to support international business.

Elements of the Performance

  • Identify potential sources of international trade research information
  • Take into account regional trade blocs
  • Conduct trade research, including statistical analysis
  • Keep current on changes in other countries
  • Recognize the potential value of gathering information from a wide variety of sources on an ongoing basis
  • Remain current on information technology to access all available information
  • Ensure the accurate comparison of data
  • Take into account the variables which affect the integrity of the data when making comparisons

6. The graduate has reliably demonstrated the ability to

conduct business with diverse populations using culturally appropriate methods.

Elements of the Performance

  • Take into account cultural differences in business methods and approaches
  • Apply different approaches to international and domestic marketing
  • Develop strategies to communicate appropriately to different cultures
  • Recognize the potential for misinterpreting communication based on cultural differences
  • Identify which languages are spoken in the target market
  • Recognize cultural preferences, including language and business protocols in particular areas of the world
  • Exhibit behaviours which show respect for language and culture
  • Develop strategies to manage market variables (e.g., culture, religion, environment, education, economics, politics)
  • Develop strategies to build personal relationships with potential international clients prior to formal business dealings
  • Employ appropriate cultural etiquette
  • Recognize the differences in ethical behaviour among various cultures
  • Recognize own potential role as a liaison between the home and target cultures
  • Develop strategies for communicating through interpreters

7. The graduate has reliably demonstrated the ability to

contribute to the planning, directing, and evaluating of individual and team projects.

Elements of the Performance

  • Assume responsibility for project results
  • Consider the potential demands of 24-hour trading, time zones, and living and working abroad
  • Develop strategies to deal with unexpected events
  • Recognize the importance of patience, flexibility, and the need to proactively manage change
  • Use a variety of planning, implementing, and evaluating strategies and techniques
  • Plan business trips and trade events
  • Plan and run a meeting

8. The graduate has reliably demonstrated the ability to

develop an international marketing plan which includes marketing objectives, marketing mix, strategies, budgetary considerations, and evaluation criteria.

Elements of the Performance

  • Apply an understanding of global economy and Canada's position in global markets to all marketing strategies
  • Apply different approaches to international and domestic marketing
  • Take into account uncontrollable marketing variables (e.g., culture, religion, environment, education, economics, politics)
  • Apply knowledge of product, price, place, and promotion to all international marketing activities
  • Take into account cultural sensitivities when communicating to international audiences
  • Recognize regional trading blocs
  • Plan strategies for trade event participation (e.g., choosing the event, activities, differences based on location, evaluation criteria)
  • Adapt strategies to respond to global trends
  • Appreciate the value of local, national, and international networking
  • Recognize the impact of national and international human rights and environmental issues on business
  • Apply knowledge of market entry strategies in preparing a marketable proposal
  • Recognize the appropriate application of various types of international business (e.g., licensing, franchising, joint ventures, branch plants, turn-key operations)
  • Recognize the necessity of trade show participation for initial market penetration and sales closing
  • Take into account the logistics and expense involved in trade show participation
  • Recognize the potential and limitations of trade shows
  • Recognize the potential and limitations of trade missions
  • Use all available resources for sourcing and marketing goods

9. The graduate has reliably demonstrated the ability to

develop strategies to utilize domestic and foreign government programs, policies, and agencies which facilitate international trade.

Elements of the Performance

  • Access government (municipal, provincial, and federal) services, agencies, and programs available to assist in international trade
  • Apply knowledge of relevant import/export legislation, quotas, tariffs, etc.
  • Take into account the roles of embassies, consulates, and trade commissioners
  • Adhere to required procedures when seeking government assistance
  • Analyze the costs and benefits of using government programs

10. The graduate has reliably demonstrated the ability to

apply financial knowledge and skills to the operation of an international business.

Elements of the Performance

  • Apply knowledge of relevant financial documentation, methods of payment, and financing
  • Apply basic economic principles (e.g., supply and demand, foreign exchange)
  • Identify the role of foreign exchange strategies to protect the business when dealing with foreign currencies
  • Adapt financial strategies to respond to trends in the global markets
  • Take into account the high cost of conducting international business
  • Take into account the difficulty in acquiring working capital for international projects
  • Recognize the roles of the World Trade Organization, International Chamber of Commerce (ICC), International Monetary Fund, and other international organizations
  • Take into account export pricing factors (e.g., market-sensitive pricing, insurance, competition, transportation costs, exchange rate, legal restrictions, market certification cost, competitive market price)
  • Identify potential sources of financing for imports and exports
  • Estimate potential return on investment (e.g., time, energy, aggravation, effort, money)
  • Develop a general working knowledge of the monetary systems, what they are, and how they work
  • Develop a general working knowledge of international banking systems and service norms
  • Assess the impact of outward investment on the availability of trade finance, tax liability, and repatriation of income

11. The graduate has reliably demonstrated the ability to

develop strategies to prepare for the contingencies associated with personal international travel.

Elements of the Performance

  • Budget and forecast travel costs
  • Recognize health risks of international travel and precautions to take
  • Develop strategies to maximize personal safety while traveling
  • Recognize impact on personal life of living and working abroad
  • Recognize the arduousness of business travel and the potential need to readjust to the home culture

12. The graduate has reliably demonstrated the ability to

take into account the business advantages of being multilingual.

Elements of the Performance

  • Identify which languages are spoken in target markets
  • Take into account the benefits of multi-language skills for customer service and relationship building
  • Exhibit behaviours which show a respect for language and culture
  • Develop strategies for communicating through interpreters
  • Seek opportunities for multi-language skills development

13. The graduate has reliably demonstrated the ability to

apply leadership and teamwork knowledge and skills when working with coworkers, supervisors, and others.

Elements of the Performance

  • Display leadership in one-on-one and group settings
  • Use team-building skills
  • Use effective coaching skills
  • Influence the behaviour of others using skills such as interpersonal, counseling, mediation, and alternate conflict resolution
  • Approach all interpersonal situations with reliability, flexibility, tact, and good judgment
  • Motivate others to achieve organizational goals and objectives
  • Motivate others to achieve personal goals and objectives
  • Model ethical behaviour
  • Model interpersonal skills that are adaptable to different cultures within the global market

14. The graduate has reliably demonstrated the ability to

apply knowledge of quality control and assurance programs to sourcing and supplying.

Elements of the Performance

  • Recognize the value of current quality systems such as International Standards Organization (ISO) 9000 series, Canadian Standards Association (CSA), Underwriters' Laboratory (UL), and Deutsches Institut für Normung (DIN)
  • Recognize the importance of maintaining a broad base of potential suppliers
  • Recognize the importance of developing internal quality systems

15. The graduate has reliably demonstrated the ability to

apply the principles of business ethics and international corporate responsibility.

Elements of the Performance

  • Take into account differences in business ethics among countries
  • Apply a systematic approach to making ethical decisions
  • Keep abreast of government rules and laws regarding ethics
  • Recognize the impact of national and international human rights and environmental protection issues on business
  • Reconcile the demands of international business and the application of business ethics

16. The graduate has reliably demonstrated the ability to

employ entrepreneurial strategies to maximize the effectiveness of international business initiatives.

Elements of the Performance

  • Use creative strategies in international business planning
  • Contribute to the process of strategic international business planning
  • Apply entrepreneurial skills and characteristics such as risk taking, resourcefulness, contingency planning, and the development of innovative solutions
  • Develop strategies to appropriately use outside resources such as attorneys, accountants, bankers, and customs brokers
  • Identify and assess opportunities

17. The graduate has reliably demonstrated the ability to

participate in the development of an international business plan.

Elements of the Performance

  • Identify the key components of a business plan
  • Utilize sales forecasting techniques
  • Apply knowledge of various strategies and their effects on sales and profits and be able to recommend appropriate strategies to solve problems
  • Prepare a basic pro-forma financial statement using sound accounting practices
  • Take into account the major forces at work in the economy and how they affect business
  • Recognize the appropriate application of various types of international business (e.g., licensing, franchising, joint ventures, branch plants, turn-key operations)
  • Prepare a cost/benefit analysis for all international initiatives
  • Calculate a return on investment

18. The graduate has reliably demonstrated the ability to

develop strategies to negotiate effectively within various cultural environments.

Elements of the Performance

  • Take into account cultural differences in business methods and approaches
  • Recognize cultural preferences, including language and business protocols in particular areas of the world
  • Recognize that negotiations can be a fundamental aspect of each international transaction
  • Develop strategies to manage unexpected variables
  • Develop strategies to build personal relationships with potential international clients prior to formal business dealings
  • Recognize the differences in accepted behaviour among various cultures
  • Recognize the dynamics of negotiating through interpreters
  • Develop strategies to achieve mutually acceptable outcomes

19. The graduate has reliably demonstrated the ability to

communicate information related to international business accurately and credibly in oral, written, and graphic form.

Elements of the Performance

  • Speak clearly and confidently
  • Make effective oral presentations
  • Understand and prepare written business communication; write and use memos, agreements, reports, policies and procedures appropriately
  • Write policy and procedure documents in clear and understandable manner
  • Document information precisely and accurately
  • Use presentation skills to effectively convey statistical information
  • Use graphic presentation and statistical package software where available and appropriate
  • Use diplomacy and tact in all communication
  • Listen actively and effectively