MGT 320: International Business
Course Syllabus Fall 1997
Instructor: George M. Puia, Ph.D. Office Room 617 Class Meetings Tues. 2:00-3:15 p.m.
Room 208
E-mail Phone: mfpuia@befac.indstate.edu Office Hours: Monday 4:30-5:30;
Tuesday 1:00-2:00;
6:00 - 6:45
Thursday 3:15-4:00
or by appointment
Office
Home
237-2090
299-9645
(please do not call after 9:00 p.m.)
Required Texts International Management: Managing across borders and culturs, 2nd Edition, Helen Deresky. Addison-Wesley, 1997. ISBN 0-673-98091-X
Supplementary materials Additional readings, when utilized, will be placed on reserve at the library or will be distributed in class.
Course Description Mgt 320: International Business provides an overview of the cultural, economic, financial and political forces that shape the environment of international business. Students will develop knowledge and skills to help them manage businesses across international boundaries.
Prerequisites Course prerequisites will be strictly enforced. Students who lack the required prerequisite courses or approvals will be dropped from the course.
Course Objectives To prepare students to conduct business in the dynamic international arena. Specifically, the course aims to help students:
- Develop an understanding of the political/economic forces that determine the "playing field" of international business.
- Develop an understanding and appreciation of the
role of culture in international management. Course Objectives (cont.) 3. Understand the unique risks and opportunities in international business.
4. Develop an awareness of the different methods for conducting business internationally.
5. Develop an understanding and sensitivity to the unique ethical issues that arise in the conduct of international business.
6. Learn how to "continue learning" about international business.
Preparation & Attendance Role will be taken in this class. Attendance at class sessions is essential to your success in this course. Much of the material will be presented through case studies and small group exercises. It is very important that you come to class prepared to discuss that day's readings. In addition to the class participation requirement in the grading scheme, lectures will routinely contain information that is not contained in the textbook and that will appear on the exams. Students are responsible for obtaining class notes from their peers for any missed lectures. On occasion, students will be requested to submit brief summaries of articles they have read or notes on case studies.
Evaluation & Grading Grades will be developed from 4 sources:
Assignment % of Grade
Midterm 25%
Semester project 25%
Class preparation &
participation and written
assignments 25%
Final exam 25%
Grades will be assigned on the following scaleLetter Grade Scale
------------ -------------
A 92% - 100%
B+ 89% - 91.9%
B 82% - 88.9%
C+ 79% - 81.9%
C 72% - 78.9%
D+ 69% - 71.9%
D 60% - 68.9%
F <60 %
No grades of incomplete will be given at the end of the semester for the purpose of improving a grade.
Make up exams Make-up exams will only be given when preceded by a valid excuse for missing the regular exam. All make-up exams will be administered at a common time/date
Semester Projects There will be a semester team project. Small teams will study a group of companies to analyze how those companies have chosen to internationalize and to identify key success factors in internationalization. A detailed project syllabus will be provided the second week of class.
Academic Misconduct All University, College of Business and departmental policies on academic honesty will be strictly enforced. MGT 642
Tentative Assignment Schedule
Subject to change
Date Topic Assignments T 8/26 Introduction to the course, expectations & syllabus
H 8/28 The challenge of International Management Read Chapter 1, review terms and concepts, be prepared to discus the question, "What forces lead a country to seek business opportunities abroad?" and questions 1, 5, 10 T 9/2 The political, economic, technological and legal environment Read Chapter 2, H 94 The PEST environment, workshop and case study. Read the case, conflict in Columbia, be prepared to discuss your answers to the discussion questions on page 60. T 9/9 The role of culture in International management Read chapter 3, review terms and concepts, be prepared to discuss H 9/11 Culture workshop
Student stimulation exercise T 9/16 Cross cultural communication environment
Read chapter 4. H 9/18 Communication workshop
Cross cultural communication exercise in teams.
T 9/23 Cross cultural review
H 9/25 Case study: Euro Disney
Read case T 9/30 Negotiation and decision making Read chapter 6 H Case: Martinez construction in Germany
Review for exam
T 10/7 Exam 1The cultural environment of International business
H 10/9
T 10/14 Discuss exam
H 10/16
T 10/21 fall Break, no class H 10/23 Project team meetings T 10/28
T 11/4 T 11/11 T 11/18 H 11/20 T 11/25 11/27 Thanksgiving Break T 12/2 H 12/4 T 12/9 Summary, what weíve learned about International Business; preparation for the final exam
Final exam Assignment Schedule
(The assignment schedule is subject to change)
Date Topic Assignment 8/21 8/23 8/26 8/28 8/30 9/2 9/4 Project development ---
Bring specific questions you have concerning your semester project 9/6 Workshop --- Case study
Read handout: "The Road to Hell" Be prepared to discuss questions related to case. 9/9 Project team meetings
9/11 The Economic Environment of International Business Read Chapter 4, 9/13 Workshop: Case study
Be prepared to discuss case
Project milestone due
9/16 An introduction to international trade
Read chapter 5 9/18 International trade theory continued
Study Porterís diamond of advantage (p. 191) 9/20 Workshop: Trade game
9/23 Government Influences on World Trade
Read Chapter 6 9/25 Government influences continued
9/27 Workshop
9/30 Economic Integration on Cooperative Agreements
Read Chapter 7 10/2 Debate on NAFTA
prepare team for debate 10/4 Preparatory session for mid-term
10/7 Mid-term exam (closed book, closed notes)
10/9 Workshop
10/11 Fall Break --- No Classes
10/14 The financial environment of International Business: Foreign Direct Investment Read Chapter 9 10/16 Exchange rates
Read Chapter 10 10/18 Workshop: handling foreign exchange
10/21 Multinational finance
Read Chapter 20 10/23 Workshop: International finance
10/25 Project team meetings
10/28 Country evaluation: Selecting suitable markets for your company
Read Chapter 11 10/30 Workshop: Country evaluation
11/1 Overview of market entry strategies
Project milestone due 11/4 Exporting and importing and cross border marketing
Read Chapter 14 and Chapter 17 (p. 612-628 only) 11/6 Export readiness
11/8 Workshop: Case study-Outback international
Read the Outback international case handout and prepare to answer the discussion questions 11/11 Collaborative strategies
Read chapter 15 11/13 Video: JV
11/15 Workshop: Construct a JV agreement
11/18 production sourcing
Chapter 18: 11/20 Multinational accounting and taxes
Read Chapter 19 11/22 Workshop
11/25 The impact of the MNE
Read chapter 12, be prepared to answer discussion questions 11/27-29 Thanksgiving Break 12/2 Project presentations
All semester projects due 12/4 Project presentations
12/6 Project presentations
12/9 Final Exam
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