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Globe®
Global Learning of the Business Enterprise (GLOBE) focuses on international enterprise. The students learn the basics of foreign trade, set up and operate a company, work with students from other nations, and come to appreciate the diversity of business cultures worldwide.
Globe®
Activities
Topic:
Fundamentals of International Trade
Students learn the nature and advantages of bilateral and multilateral trade and are introduced to foreign exchange, trade restrictions, and balance of payments.
Key Learning
Objective The students will...
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describe advantages of international
trade
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use exchange rates to determine the value of international
currencies
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demonstrate the effects of international trade on
prices
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describe the reasons for trade
restrictions
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define balance of
payments
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demonstrate principles of business
ethics
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demonstrate an understanding of world environmental issues
Topic: Forming a Company and Conducting International Business
Students create and manage a joint-venture business to engage in international trade.
Key Learning
Objectives The students will...
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set up an international
company
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capitalize (funding sources) the
company
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manage the
company
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research potential
markets
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select a product to export that can bring a
profit
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operate a joint-venture
partnership
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demonstrate an understanding of the principles of international trades
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develop communication and decision-making skills
Topic:
Student Exchange
Students visit their business partners in another country for one week.
Key Learning
Objectives The students will...
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demonstrate knowledge of other
cultures
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work effectively with students from other
cultures
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exhibit team-building
skills
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communicate clearly with people from other
cultures
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show sensitivity to the customs of other
cultures
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appreciate the diversity of different cultures
Activity Four:
The Cost of Living
The students work in small groups to prepare monthly budgets. They refer to the jobs they selected in the first activity to determine their incomes, and they use the local newspapers to determine costs of housing and transportation.
Key Learning
Objectives The students will...
Topic: Management and Economics Simulation
Exercise
Students develop strategies for a company that will conduct trade across international boundaries.
Key Learning
Objectives The students will...
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interpret tables, graphs, and
charts
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analyze economic
data
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organize and present
information
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communicate
effectively
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manage a simulated company
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Globe®
enhances the students' learning of the following concepts and skills:
Concepts
Skills
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Analyzing information
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Applying information
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Calculating productivity
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Classifying
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Comparing
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Converting currencies
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Critical thinking
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Decision making
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Distinguishing fact from opinion
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Drawing conclusions
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Filling out forms
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Formulating an argument
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Giving reports
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Graphing
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Inference
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Interpreting data
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Interviewing
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Mathematical interpretation and computation
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Negotiating
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Note taking
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Reading financial statements
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Research
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Situational analysis
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Teamwork
GLOBE (Global Learning of the Business Enterprise) is a program for high school students. Instructional materials are packaged for 30 students and include a textbook, a Study Guide, Student Company kit, and a computerized management simulation (MESE).
All JA programs have technology enhancements and are designed to support the skills and competencies outlined in the SCANS (Secretary's Commission on Achieving Necessary Skills) report. These programs also augment the school-based, work-based, and connecting activities for communities with school-to-work initiatives.
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