International Purchasing and Global SourcingLaajuus (4 cr)

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