Few changes in the last ten years have had more impact on business than globalization, and this trend will continue in this new millennium. More and more U.S. companies are becoming aware that the way to expand and remain competitive is to enter the global marketplace. Coupled with continually advancing communications technology and the expansion opportunities abroad, global business will continue to grow as rapidly, if not more so, than in the past.

There will be more rapid shifts in the marketplace and less acceptance of imbalances. Trade will increase with former Eastern Bloc countries as they open up their economies to foreign trade and investment.

Graduates of this option will be able to demonstrate a working knowledge of global activities such as exchange rates, the world economy, banking, imports and exports, international law, and will understand the complexities that are prevalent in cultural diversity. These skills are in addition to the previously mentioned outcomes for students in business management technology.