College of Industrial Management. Department of Management and Marketing COURSE SYLLABUS INTERNATIONAL BUSINESS, IMGT 440

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1 College of Industrial Management Department of Management and Marketing COURSE SYLLABUS INTERNATIONAL BUSINESS, IMGT 440 Academic Year (Term 082) Instructor: Office: Office Phone: Class Timings1 Location: Office Hours: Web Address: Dr. Muhammad Jameel Qazi 221 Room Sundays and Tuesdays 8:30 a.m. - 9:45 a.m. Building # 24, Room 250 Sun & Tue 11 :30 a.m p.m. (or by appointment) kfupm.edu.sa/mgm/jamilqaz/ Please use electronic communication, whenever possible, for the efficiency and agility of our contact. You are welcome to stop by my office, during the office hours, or make an appointment. Course Description: This course provides an overview of the macro and micro factors that shape the environment within which the international manager operates. It includes an analysis of areas involved in managing business in an international environment. Areas of concentration will include political, legal, economic, cultural, and financial factors which influence doing business in a foreign country. Additional factors of human resource management and strategic planning will be discussed. To operate effectively, businesses must understand the differences between managing solely in a domestic environment compared to an international one. Objectives: The objectives of this course include developing a familiarity with the fundamental concepts and theoretical bases of global business. The primary objective is for students to cultivate the capabilities necessary to apply these theories and concepts to actual situations and events. o Class discussions and readings will provide an understanding of the many factors that affect production, accounting, marketing, and financial responsibilities. It is

2 expected that students will be able to adapt hnctional strategies to account for these constraints and opportunities. o Another major goal is that, upon completion of the course, students should understand the differences between domestic and global business, and why those differences exist. Many are under the impression that there are innumerable differences between foreign and domestic business practices. Expanding internationally does require adaptation, but it is important to understand that the same basic business practices apply globally. The tasks are broader, but not necessarily different. o Students will learn of opportunities and problems facing global managers today, which will reinforce discussions about the similarities and differences in performing certain business functions. o Finally, to be a successful global manager, it is necessary to be adaptable and culturally sensitive. A goal is to expand cultural experience. Methods: Variety of instructional tools including lectures, cases, exercises, interactive discussions and videotapes are would be utilized to explore and understand various international business issues. This course has a strong emphasis in active student participation in all the class activities and discussions. Required Text: International Business: Environments and Operations, 11/E By John Daniels, Lee Radebaugh, and Daniel Sullivan Class Participation: You are expected to be an active participant and to make meaningful comments on the chapters, cases, supplementary readings and individual readings. Merely coming to class is not sufficient, as attendance is not participation. You should make an effort to attend classes and to be sufficiently prepared to contribute to class discussions in a meaningful way. To obtain full participation marks you must demonstrate the following: *:* Read and prepare the assigned chapter(s) and related materials before coming to class *:* participate in class discussions ask questions and share opinions *:*. complete course work on time attend classes *:* be punctual be attentive *3. ask for help when needed, offer help when possible *:* present self in a professional manner *3 keep an open mind to new or different ideas and experiences Q. utilize feedback to improve skills and knowledge development

3 Attendance: Attendance is mandatory. You are resp onsible for wh at is covered in the class and any absence on your part leaves you responsible for finding out what was presented in class. You will benefit a lot from the course by doing problems and reviewing concepts that are covered in the class. A grade of "DN" will be given to students with more than six (6) unexcused absences. Only genuine official or medical excuses will be accepted within a week from the absence. Student Responsibilities: o Regular and prompt class attendance is an essential part of the educational experience. All students are expected to attend every class sharp on time. o Do not leave before the end of class. o No late homework will be accepted. No makeup exams will be given. o Do and hand-in all assignments On Time. LATE assiments will not be accepted. o Be accountable for the contributions you are to make in any tedgroup activities. o Please turn off mobile phones during all class activities. Performance Evaluation: Grades will be based on class attendance, class preparation and participation, assigned activities, quizzes and exams. Quizzes and exams will cover material in your textbooks and cases discussed in the class. The breakdown of overall grade points would be: Class participation, attendance, conduct 10 % Quizzes 10 % 1 Midterm Exam 15 % 2nd Midterm Exam 15 % HomeworWAssignments etc 15 % Midterm and Term Project 15 % Final Exam % TOTAL 100% Grading Scale Percentage less than less than less than less than less than less than less than 65 Less than 60 Grade Exceptional Excellent Superior Very Good Above Average Good High Pass Pass Fail Grade Code A+ A B+ B C+ C D+ D F GPA (Out of 4.00) OO S O 1.OO 0.00

4 Assignments and Term project: You would be working on individual as well as group assignments relevant to the topics discussed in the class. Details of the assignments would be circulated in the class during the first week of semester. You are urged to regularly consult the course Blackboard for updates and new assignments. Academic Integrity Policy: Plagiarism: "to steal and pass off the ideas and words of another as one's own" (Webster's). Plagiarism (CUT COPY PASTE) will not be tolerated and will automatically result in a zero grade for the submission. It is my obligation as an instructor to be certain that each student's work is his own. Dishonesty, cheating and using work done by other people in such academic practices as assignments, examination, or other academic work cannot be condoned. Adhere to the "Standards of Academic Conduct" as outlined in article 38 of KFUPM study and examinations regulations: "Cheating or attempting to cheat or violating instructions and examination regulations shall render the offender subject to punishment in accordance with its implementation rules". J

5 Schedule of Class Activities Session Date Topic 1-S Mar 01 Orientation - Syllabus, Class Polices etc. 2-T Mar 03 Globalization and International Business 3 - S Mar 08 The Cultural Environments Facing Business 4-T Mar 10 The Political and Legal Environments Facing Business QUIZ #I 5 - S Mar 15 The Economic Environment P 6-T Mar 17 Globalization and Society QUIZ#2 7 - S Mar 22 International Trade and Factor Mobility Theory 8 - T Mar 24 Governmental Influence on Trade QUIZ#3 9-S Mar 29 1" Major Exam 10-T Apr 05 Cross -National Cooperation and Agreements 12-T Apr 12 Global Foreign Exchange and Capital Markets 13 - S Apr 14 The Strategy of International Business QUIZ#4 14-T Apr 19 Country Evaluation and Selection 15 - S Apr 2 1 Export and Import Strategies QUIZ#5 )4 I 1 I Apr 25, Apr 29 Midterm Break I 16-S May 03 Midterm Project Discussion 17 - T May 05 2nd Maior Exam 18-S May 10 Direct Investment and Collaborative Strategies 19 - T May 12 The Organization of International Business 20 - S May 17 Marketing Globally 21 - T May 19 Case Discussion

6 May 24 May 26 May 3 1 Jun 02 Jun 07 Global Manufacturing and Supply Chain Management Case Discussion QUIZ# 7 Human Resources Management International Accounting Issues The Multinational Finance Function Jun 09 Jun 14 Jun 16 Term Proiect Presentations Term Proiect Presentations Review QUIZ#S Final Exam: 27 June, 2009 Thank you for reviewing the syllabus. You are welcome to my class. The success of each one of my students is very important to me. A VERYGOODLUCKTOALL OF YOU IN SHA ALLA

7 Major Instructional Goals: GOAL A: Define International Business and what role it plays in today's business world Learning Outcomes: The student will: A-1 Understand what international business entails. A-2 Understand what factors lead companies to engage in international business A-3 Identify the elements that separate international business from domestic business. )4 GOAL B: Understand the cultural environments facing business Learning Outcomes: The student will: B-1 Define what it means to be culturally aware. B-2 Understand how cultures form and change. B-3 Explain how cultural differences can affect business practices, B-4 Understand the impact of culture shock in the business world. GOAL C: Understand how the political and legal environments of foreign countries affect international business Learning Outcomes: You will: C-1 Identify trends in political systems. C-2 Identify political risk in business. C-3 Understand what role the legal environment plays in international business. C-4 Identify legal issues in international business such as strategic concerns and intellectual property rights. GOAL D: Identify Economic Factors that affect international business P Learning Outcomes: You will: D-1 Define Gross National Income (GNI) and Gross Domestic Product (GDP). D-2 Understand how features of the global economy such as inflation, unemployment and debt affect international business. D-3 Define the different types of economic systems, i.e.; capitalism, market economy, command economy and mixed economy. GOAL E: Explain how the government affects international trade Learning Outcomes: You will: E-1 Understand economic rationale for governmental intervention. E-2 Understand non-economic rationale for governmental intervention. E-3 Understand Cross-National Cooperation Agreements on trade through organizations such as the WTO, EU and NAFTA.

8 GOAL F: Understand the strategy of international business Learning Outcomes: You will: F-1 Define types of international business strategy. F-2 Understand how a country to do international business wit is selected. F-3 Identifjr Export and Import Strategies. F-4 Identifjr direct investment and collaborative strategies.

9 CASE ASSIGNMENT REQUIREMENT: Case reports must be submitted as per the following format: 1. Title Page: Name of the Case Prepared by Course Number Date 2. Executive Summary e One half to one page summary of the issues involved and the strategy and recommendations must be included. 3. An analysis of the case on the basis of the questions given at the end of the case. Your analysis of each question must include the following: Issues Involved Strategies to deal with those issues Recommendations with rationale P 4. Papers are to be word-processed with correct grammar and punctuation. Information in the papers must be properly documented. 5. Guideline: Consult other business communication books on business reports and case writings.

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