The Global Value Chain course examines aspects of the primary activities of Distribution and Inventory Management, and the supporting activities of Document Management and Procurement, which are integral to international trade logistics. Doing business in/with foreign markets requires consideration of different regulatory, financial, geographical and cultural and consumer requirements.
Skills and Benefits Acquired - Planning, Forward Thinking, Advising
Currency exchange fluctuations, political instability, and force de majeure events, are integral considerations to international financial management. This course examines how organizations can manage their finances and mitigate financial risk by selecting appropriate transaction methods and tools for their international trade activities. Learners will consider negotiation terms, non-payment dispute resolution and cash flow management.
Skills and Benefits Acquired - Managing, Coordinating, Organizing
The International Market Entry Strategies course examines individuals in organizations need to know and do to ensure the success of new international ventures. International trade practitioners must research entry options, and then select the most effective entry strategies and strategic partnerships for their needs. The organization of the selected market entry strategies will require management of both direct and indirect exports. It may also require development and management of business arrangements such as foreign mergers or acquisitions, or foreign franchising or licensing.
Skills and Benefits Acquired - Analytical Skills, Critical Analysis, Financing
The course Feasibility of International Trade examines the critical steps and decisions needed to determine the feasibility of potential international trade initiatives. Market research, analysis of organizational readiness, cost analysis, and risk analysis are all required in order to decide if a concept fits with a company’s strategic direction and improves the bottom line of an organization. Risk analysis then leads to the development of strategies to mitigate identified risks.
Skills and Benefits Acquired - Strategizing, Planning, Negotiating
Marketing is the key in ensuring an organization’s product or service is seen to fit the needs and interests of an international target market. While marketing can create the demand, an effective sales strategy is essential to profit from this demand. This course details consideration and organization must make when promoting and selling products and or services beyond its domestic borders.
Skills and Benefits Acquired - Promotion, Planning, Decision Making
The course Development of Product and Services for a Global Market addresses the necessity that products and services sold or traded internationally may require modification. This course addresses differences in regulatory, legal, cultural and consumer/client requirements that might in the need to conform to these requirements by adapting products and services.
Skills and Benefits Acquired - Research, Risk Analysis, Data Analysis
This introductory course in freight forwarding is designed to provide the participant with a general knowledge in freight forwarding methods and procedures that serve as the foundation for CIFF200. The course focuses on understanding freight forwarding and the four primary transport modes of goods in Canada and abroad.
Skills and Benefits Acquired - Transportation, Logistics, Transport Analysis
This course builds on what was learned in CIFF100. Students will gain an understanding of the knowledge and skills required to carry out the duties of a front line worker in the freight forwarding industry. Prerequisite: CIFF100
Skills and Benefits Acquired - Documenting, Planning, Thinking of Alternatives
This course helps students prepare the required job search skills and knowledge they need to become employed. Students will learn the best known job search techniques to find viable opportunities, strategies to differentiate themselves from the competition and how they will add value to prospective employers in today’s competitive global economy.
Skills and Benefits Acquired - Job Search Skills, Presentation Skills, Sales Skills
The student will have the opportunity to integrate competencies developed during the lectures into industry-specific experiences. This opportunity ensures students are able to practice and refine their skills and to obtain practical field experience to further strengthen their ability to obtain employment after completing the program. To ensure a high quality practical experience, the institution will monitor both the student’s and the employer’s performance throughout the practicum. At the conclusion of the practicum, students and employers jointly complete a written evaluation of the student’s performance to direct the future career development of the student.
Skills and Benefits Acquired - Communication, Workplace Skills, Situational Problem Solving
