Study Guide

Objective

The student knows the basic facts about increasing international trade and global markets. The student is familiar with terminology related to purchasing planning and strategies. He/she masters the new trends in purchasing and understands their role in raising the profitability of purchasing. He/she is able to utilise and produce accounting information to support decision making. He/she is also familiar with necessary documentation and understands the risks and costs of international purchasing. He/she understands the importance of business networking and clusters in international trade.

Content

· Increasing International Trade
· Planning and organising of Purchasing
· Activity Based Accounting
· Global sourcing
· International purchasing – risks and costs
· Documentation, payment transactions and financing in international trade
· Partnership
· Clusters active in Finland
· Networking businesses

Evaluation scale

H-5