116-0518/02 – Foreign Trade Operations (FTO)

Gurantor departmentDepartment of Marketing and BusinessCredits4
Subject guarantordoc. Ing. Lenka Kauerová, CSc.Subject version guarantordoc. Ing. Lenka Kauerová, CSc.
Study levelundergraduate or graduateRequirementCompulsory
Year1Semestersummer
Study languageEnglish
Year of introduction2014/2015Year of cancellation
Intended for the facultiesEKFIntended for study typesFollow-up Master
Instruction secured by
LoginNameTuitorTeacher giving lectures
KAU40 doc. Ing. Lenka Kauerová, CSc.
SIW009 Ing. Markéta Zajarošová, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+1

Subject aims expressed by acquired skills and competences

1. Formulate key business processes and their specific operations 2. Explain the course of commercial transactions 3. Explain the elements of contracts in business relationships 4. Asses the possibility of applying the instruments of payment and delivery terms 5. Asses the risk of business operations 6. Asses specifics bound transactions

Teaching methods

Lectures
Tutorials

Summary

This subject covers all main aspects of developing international business, the topic is to equip the students with techniques and procedures used in foreign trade operations. The students should be able to solve a current foreign international operations.

Compulsory literature:

DAVID, Pierre A. International Logistics: the Management of International Trade Operations. 5th ed. NEW York: Cicero Books, 2017. ISBN 978-0989490641. HILL, Charles W.L. and G. Tomas. M. HULT. Global Business Today. New York: McGraw-Hill, 2019. ISBN 978-1260565812. KRUGMAN, Paul R., Maurice OBSTFELD and Marc J. MELITZ. International Trade: Theory and Policy. New York: Pearson, 2018. ISBN 978-1292216355.

Recommended literature:

LUTHANS, Fred and Jonathan DOH. International Management: Culture, Strategy, and Behavior. 10th ed. New York: McGraw-Hill, 2017. ISBN 978-1259705076. TING-TOOMEY Stella and Tenzin DORJEE. Communicating Across Cultures. 2nd ed. New York: The Guilford Press, 2018. ISBN 978-1462536474.

Way of continuous check of knowledge in the course of semester

During the semester, students prepare documentation for a business case (export or import variant) and present substantial parts at seminars. Written exam.

E-learning

Other requirements

Self-study of compulsory literature.

Prerequisities

Subject has no prerequisities.

Co-requisities

Subject has no co-requisities.

Subject syllabus:

1. Introduction to Foreign Trade Operations. 2. The essence and evolution of international relations. 3. Autonomous trade instruments, support of export. 4. Entry forms on foreign markets. 5. Algorithm of trade operations. 6. Contractual security and the legal regime trade operations. 7. Customs and currency regulations. 8. Foreign trade financing. 9. INCOTERMS. 10. International shipping. 11. Prices in foreign trade. 12. Insurance and the insurance contract. 13. Information about foreign markets and their security. 14. Trading with the European Union.

Conditions for subject completion

Full-time form (validity from: 2014/2015 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation and Examination Credit and Examination 100 (100) 51
        Exercises evaluation Credit 45  25
        Examination Examination 55  26
Mandatory attendence parzicipation: Attendance at lectures is not obligatory. At seminars the student gets points necessary for credit.

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (N0414A050002) Marketing and Business OB P English Ostrava 1 Compulsory study plan
2019/2020 (N6208) Economics and Management (6208T062) Marketing and Business P English Ostrava 1 Compulsory study plan
2018/2019 (N6208) Economics and Management (6208T062) Marketing and Business P English Ostrava 1 Compulsory study plan
2017/2018 (N6208) Economics and Management (6208T062) Marketing and Business P English Ostrava 1 Compulsory study plan
2016/2017 (N6208) Economics and Management (6208T062) Marketing and Business P English Ostrava 1 Compulsory study plan
2015/2016 (N6208) Economics and Management (6208T062) Marketing and Business P English Ostrava 1 Compulsory study plan
2014/2015 (N6208) Economics and Management (6208T062) Marketing and Business (00) Marketing and Business P Czech Ostrava 1 Compulsory study plan
2014/2015 (N6208) Economics and Management (6208T062) Marketing and Business P Czech Ostrava 1 Choice-compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner
Incoming Students 2016/2017 Full-time English Choice-compulsory 163 - International Office stu. block
Incoming Students 2015/2016 Full-time English Choice-compulsory 163 - International Office stu. block