International Purchasing and Global Sourcing (5 cr)

Evaluation scale

H-5

Objective

 
Objectives:
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

Contents:
·               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