Department of Management College of Business and Economics California State University Northridge. Course Syllabus, Fall 2010

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1 Management 464, International Business Management Department of Management College of Business and Economics California State University Northridge Course Syllabus, Fall 2010 Course Class No , Room JH-1208, Thursday 2:00 pm to 4:45 pm Professor Jeffrey Stone, Ph.D. Office JH 4222 Phone (cel); (Dept. of Management) Web Site Office Hours Required Materials Recommended Materials Prerequisites Monday 2:00 pm to 3:00 pm Monday 6:00 pm to 7:00 pm Thursday 1:00 pm to 2:00 pm Cavusgil, S.T., Knight, G. & Riesenberger, J.R International Business: Strategy, Management and the New Realities. Pearson, Prentice Hall: Upper Saddle River, NJ.: ISBN Website: Business Week, Fortune Magazine, Wall Street Journal, The Economist MGT 360. Passing score on the Upper-Division Writing Proficiency Exam (WPE). BUS 302/L is a prerequisite for BSBA majors. 1

2 Course Description Management 464, International Business Management, studies various issues related to managing international businesses effectively. The purpose is to develop skills in identifying critical issues facing, analyzing key factors related to, and developing solutions for businesses that compete in global business environments either now or in the future. Learning Objectives After you successfully complete this course, you will be able to Explain the differences in economic social, political, and cultural variables among countries. Evaluate various trade theories and determine the gains from trade and investment. Distinguish between various trade policies and their economic effects. Develop competencies in global strategy formulation, including strategic alliances and the integration of all functional areas in a global context. Develop communication and teamwork skills through case analysis and group projects. Class Structure The first half of each class will consist of a short quiz that will review the chapter readings for the week as well as identification of world countries. Following the quiz, I will discuss some of the most important aspects of the topic including concepts, theories, research and application of the subject to international business. Powerpoint slides will be posted to Moodle a day before the class. Following the break, we will either continue with lecture or have a class discussion of the topic. This discussion will be based on an assigned case or other assigned material. It is expected that you will have read the assigned textbook material, including the Closing Case for each chapter. Attendance, Class Participation and Instructor Evaluation (6% of course grade) Attendance will be taken at the beginning of each class. Students who do not stay for the entire class session will be marked absent. Your preparation for class discussion will be considered, as well as the extent and quality of your contribution, especially your contribution to case discussions. If it appears that the class is not adequately prepared to discuss a case, I may require that written case briefs be prepared and submitted before class. Your team performance is a component of this aspect of the course. You will evaluate your teammates contribution to the research paper regarding what that person contributed to the project as well as how that person contributed to the project (promptness at meetings, active participation to team discussion and decision making, supportive communication, etc.) 2

3 Chapter Quizzes (7% of course grade) A quiz will be administered at the start of each class, at the discretion of the instructor. You will have ten minutes to complete the quiz, beginning when the instructor distributes the quiz, which will usually be promptly at the beginning of the class period. From the start of the quiz, you will have ten minutes to complete the quiz. There are no make-up quizzes. Part of the quiz will consist of multiple choice questions covering the assigned chapter. On selected weeks, there will also be a country identification quiz ( Where in the World? ) covering selected political/geographic regions. You will be given a map and asked to identify a number of specific countries on that map. On these weeks, half of the quiz grade will derive from the multiple choice questions, and half of the quiz grade will derive from the identification quiz. Quizzes will use the maps found at the following website. The site has excellent interactive maps and online study guides and quizzes to help you learn the country locations. Assignments International Business Research Paper. Management of multinational enterprises is unique in that it must consider host-country internal and external factors as well as home-country factors. Thus, it is essential that a student of international management understand the cultural, economic, political and social forces that influence the decisions that an enterprise makes to enter and operate within a host country. To this end, one assignment is to prepare a written paper that evaluates the opportunities and risks associated with a decision to undertake international business in one of two countries. As a member of a team of four students, you will determine an industry and two potential countries in which to invest. For your industry, you will evaluate the attractiveness and pertinent environmental threats and opportunities associated with the two potential countries, and recommend a country and a method entering into business in that country. Guidelines and specifics on the content of this paper will be provided in a separate document. You will be graded on the quality of the research paper and your individual contribution as evaluated by your teammates. You must use the MLA Stylesheet format to clearly and properly document your paper. Poorly documented documents will receive a lower grade. This paper contributes 25% toward your final grade. You will submit work-in-progress reports on a regular basis. This will enhance your project management skills and hopefully reduce your end of semester anxiety. The following describes content and delivery dates of the progress reports. Sept. 2 Sept. 16 Oct. 7 Nov. 11 Team Formation in class. Turn in your two proposed countries and the proposed international business plan. To get an early lead on this project, you may discuss your ideas via or during my office hours. Turn in an outline of your paper including major topic headings, a summary of what each chapter will discuss, and which team member(s) will be responsible for each section. Turn in a first draft of your paper for my review and comments. This is an optional assignment but highly recommended. 3

4 Dec. 2 Dec. 9 Present a summary of your research and business proposal. Powerpoint slides are due to the instructor by midnight, Dec. 1. Turn in final report. In addition, your team will present to the class your analysis, findings, and recommendations of your research paper using presentation software such as PowerPoint. All team members must present. The presentation contributes 5% toward your final grade. Weekly Case or Discussion Questions. At the end of each chapter is a brief case or a number of discussion questions intended to help you sharpen your management skills. You will turn in four written case or discussion papers. Answers to these questions must be typed using double-spacing, 12-point font, with 1 margins. Put your name, chapter, course number, and date in the upper right corner. Staple the paper in the upper left corner. The total length for your answers must not exceed two pages. The essence of good communication is to provide information in a clear and concise manner. Weekly assignments are due at the beginning of the class session. Late papers will not be accepted. This course component contributes 12% toward your final grade, each set of questions counting 3% toward your grade. Evaluations There are three evaluation opportunities: two midterm evaluations and a final evaluation. The midterms will be multiple choice questions drawn from the textbook, lecture and discussion. Each midterm evaluation will contribute 15% toward the final grade. The final evaluation will be comprehensive of the entire course and will be in essay format. The final evaluation contributes 15% toward the final grade. Grading Course Component Percentage of Grade Weekly Quizzes 7% International Business Research Paper 25% International Business Research Paper Presentation 5% Chapter Cases and Discussion Question Answers (4 at 3% each) 12% Midterm Evaluations (2 multiple choice non-cumulative at 15% each) 30% Final Evaluation (cumulative essay) 15% Attendance, Participation, Instructor Evaluation 6% Plus/minus grading will be used. The grade breakdown will use the following: 4

5 Grading Scale >= 93% = A, 90-92% = A-, 87-89% = B+, 83-87% = B, 80-82% = B-, 77-79% = B+, 73-77% = C, 70-72% = C-, = D+, 63-67% = D, = D-, <60% = F. Academic Honesty The College of Business and Economics at California State University, Northridge, prepares students to be ethical decision makers. The college maintains high standards of ethical conduct that students are expected to maintain throughout their academic and professional careers. Please review the "core values" at 5

6 Class Schedule This schedule is subject to change during the semester Wk Date Topic Assignments 1 8/26 2 9/2 3 9/9 4 9/16 Introduction to the Course Ch. 1, What is International Business Ch. 2, Globalization of Markets and Internationalization Ch. 3, Organizational Participants Discuss DHL Case from Ch. 3. Ch. 4, Theories of International Trade and Investment Midterm Evaluation covering Ch. 1-4 Team meetings following Midterm at 8:30 pm Read Ch. 1. Read Ch. 2 and Ch. 3. Form International Business Project Teams. Read Ch. 4. Turn in answers to DHL Case Questions 1-3 on page 85. Quiz will cover Europe. Turn in International Business Project Proposal 5 9/23 6 9/ /7 8 10/ /21 Ch. 5, The Cultural Environment of International Business (for your project) Discuss Hollywood case on page 151. Ch. 6, Political and Legal Systems (for your project) Ch. 7, Government Intervention in International Business Discuss Q3 from Apply Your Understanding on page 219. Ch. 8, Regional Economic Integration Discuss Russell Corp. case on page 246. Ch. 9, Understanding Emerging Markets (for your project) Midterm Evaluation covering Ch. 5-9 only Team meetings following Midterm at 8:30 pm. Ch. 12, Global Market Opportunity Assessment (key chapter for your project) Ch. 13, Exporting and Countertrade Read Ch. 5 and Ch. 6. Quiz will cover the Middle East. Read Ch. 7. Quiz will cover Central America. Turn in answer to Q2 from Apply Your Understanding on page 154. Read Ch. 8. and Ch. 9 Quiz will cover South America. Turn in International Business Project Outline and Assignments Read Ch. 12 and Ch 13. Quiz will cover Central Asia. Turn in answers to Arcelik Case Questions 1 and 2 on page

7 10 10/ /4 Ch. 14, Foreign Direct Investment and Collaborative Ventures (key chapter for your project) Ch. 15, Licensing, Franchising and Other Contractual Strategies Team meetings at 8:15 pm. Read Ch. 14. Quiz will cover East Asia. Turn in answer to either Q1 or Q2 from Apply Your Understanding on page 413. Read Ch. 15. Quiz will cover North Africa /11 Veterans Day, No Class 13 11/18 Ch. 16, Global Sourcing Discuss Q3 from Apply Your Understanding on page 511. Read Ch. 16. Quiz will cover South Africa. Turn in Draft of International Business Project Paper (optional) 14 11/25 Thanksgiving Holiday, No Class 15 11/2 International Business Project Presentations 16 12/9 FINAL EXAM, 3:00 pm to 5:00 pm (cumulative essay. Bring two unmarked bluebooks 8.5x11 )! Turn in Final International Business Project 7

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