# CTE Resource Center - Verso - Business Law Related NBEA Achievement Standards for International Business

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Related NBEA Achievement Standards for International Business

NBEA Achievement Standards for International Business

NBEA (National Business Education Association) standards have been correlated to ensure that students and adults are afforded equal access to fundamental business knowledge and skills and, therefore, an equal opportunity for success in life" (National Standards for Business Education, NBEA, 2007).

Analyze the major legal aspects and ramifications of international relations with special emphasis on topics such as financial systems and reporting, licensing, judicial systems, and repatriation.

 

Assess how social and cultural factors influence the human resource functions (e.g., recruitment selection; employee development; evaluation; compensation, promotion, benefit and incentives; and separation, termination and transition).

 

Define methods for resolving legal differences (e.g., mediation, arbitration, and litigation) in different cultures.

 

Describe how trade barriers and incentives affect choice of location for companies operating internationally.

 

Describe the differences between the legal systems of various countries and compare them to the codes, statutes, and common laws of the United States.

 

Describe the factors that define what is considered ethical and socially responsible business behavior in a global business environment.

 

Describe the impact of international business activities on the local, state, national, and international economies.

 

Differentiate between international ethics and international law.

 

Discuss the differences in "what is ethical" among various countries and the problems these differences present to international companies.

 

Explain the role of U.S. Customs and the customs agencies of other countries.

 

Explain the role of international business at the local, state, and national levels.

 

Explain the role of international business; analyze how it impacts business at all levels, including the local, state, national, and international levels.

 

Identify distinctive social and cultural factors that affect business activities (e.g., time, workday, workweek, schedules, and holidays).

 

List business actions that may positively or negatively influence ethical decisions regarding the environment, the consumer, and the well-being of society.

 

Recognize legal differences in areas such as consumer protection, product guidelines, labor laws, contract formulation, liability, and taxation for various countries.