Introduction to International Business & Trade
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1 SAIGONTECH COURSE SYLLABUS Introduction to International Business & Trade IBUS credits Fall 2014 Instructor: Anh Lam (M.Sc) anhln@saigontech.edu.vn Ext: 1256 Office: Room 104 Visiting hour: by appointment Study Hard, Think Big & Fly High
2 COURSE CONTENT Course Description & Goals How to complete the course Course Schedule & Textbook COURSE DESCRIPTION & LEARNING OUTCOME What issues are taught on the course. This course provides a critical overview of international business including the techniques for entering the international marketplace, the impact and dynamics of socio-cultural, demographic, economic, technological, and political-legal factors in international trade environment. Topics include patterns of world trade, internationalization of the firm, and operating procedures of multinational enterprises Textbook: Cavusgil, Knight and Riesenberger (2014), International Business, 3rd Edition, Pearson Publishing. What you should know before you start the course. Students need to be familiar with basic business vocabulary and be able to follow lectures, participate in discussions and to work in English. Plus, make sure the course fits your timetable! What you should know after you have completed the course Program Learning Outcomes Student Learning Outcomes (SLO) 1. Define and explain terms in the global environment. 1. Identify global issues and trends. 2. Identify current global legal issues and international trade management issues. 3. Analyze various sources of international business research. 4. Demonstrate knowledge of global and world geography. Learning Objectives (LO) 1.1 Understand globalization and international business
3 2. Identify participants in international business. 3. Understand theories of international trade and investment. 4. Identify factors impact on international business. 5. Identify the various forms of entry strategies in the international business. 6. Understand the global money flow and how to minimize international risks. 1.2 Understand the key concepts of international trade and investment. 1.3 Distinguish between international business and domestics business. 1.4 Understand the reasons why firms pursue internationalization strategies. 2.1 Identify types of participants in international business. 2.2 Understand the value-chain activity of international participants. 3.1 Explain the advantages of specification. 3.2 Demonstrate the concept of comparative advantage. 3.3 Distinguish between portfolio investment and direct investment. 4.1 Understand the cultural environment of international business 4.2 Understand political and legal system risks. 4.3 Understand the government intervention in international business 5.1 Understand strategy in the international context 5.2 Analyze organizational readiness to internationalize 5.3 Understand forms of entry strategies by firms to initiate international business activities. 6.1 Understand the international monetary and financial systems 6.2 Identify the key players in the monetary and financial systems 6.3 Understand currency risks HOW TO COMPLETE THE COURSE In-class training
4 There are 16 weeks (48 hours) that cover the academic subject areas. Attendance is strongly recommended because students will achieve beneficial and practical information related to their further careers. In addition, mid-term exam, final exam and presentations will test students knowledge and ability on issues covered in the lectures. Mid-term & Final exam Exam Exam Type Number of Questions Duration (Minutes) Point Multiple Choices Short Questions Closed book Essay/ Case 1 40 Quiz & Case Discussion This course is not difficult, but wide. Therefore, at the beginning of the class, you will have a short test (15-20 minutes) about the previous lecture. This will help you review the knowledge week by week and prepare for mid-term & final exam. Besides, in some weeks, you will be given cases or articles on newspaper to read & prepare at home for discussion in class OR to write a short essay (around 600 words) at home. Please be noticed this will be counted in your individual score, so everyone needs to prepare. You will find these case/ articles on Moodle. Course evaluation Attendance & Participation 10% Mid-term exam 25% Quiz & Case Discussion 35% Final Exam 30%
5 Percentage Grade Letter Grade Note A Pass B Pass C Pass D Pass 0 59 F Fail Rules of the Road 1. Lectures will start on time. Please be punctual! 2. There should be no talking or phone ring whilst the instructor is speaking. It is rude and disturbs other students. Pass a note or going out for answering phone calls if necessary. 3. Academic Dishonesty Policy will be in effect through all exams and written assignments. Make certain you understand and adhere to them. 4. No extra credit work or additional assignments will be given without a valid reason. Instead, your activeness in class discussion/ activity is highly appreciated and will be counted. Extensions to any deadlines are possible only upon presentation of appropriate documentation. COURSE SCHEDULE Time: Tuesday, 7:30 AM -10:45 AM Venue: Room 203 Week Date Topic 1 Tue 23/09/14 Syllabus explanation Chapter 1: Introduction 2 Tue 30/09/14 Chapter 2: Globalization of Markets and The internationalization of the firm 3 Tue 07/10/14 4 Tue 14/10/14 5 Tue 21/10/14 Chapter 3: Organization participants that make international business happen Chapter 4: The cultural environment of International Business Chapter 6: Theories of International Trade and Investment
6 6 Tue 28/10/14 Chapter 7: Political and Legal System in National Environments 7 Tue 04/11/14 8 Tue 11/11/14 Mid-term Exam Chapter 8: Government Intervention in International Business 9 Tue 18/11/14 10 Tue 25/11/14 11 Tue 02/12/14 12 Tue 09/12/14 13 Tue 16/12/14 14 Tue 23/12/14 15 Tue 30/12/14 16 Tue 06/01/15 Chapter 9: Regional Economic Integration Chapter 10: Understanding Emerging markets Chapter 11: The international Monetary and Financial Environment Chapter 12: Global Strategy and Organization Chapter 14: Export and Countertrade Chapter 15: Foreign Direct Investment and Collaborative Ventures Chapter 16: Licensing, Franchising, and Other Contractual Strategies Chapter 17: Global Sourcing Final exam Course evaluation & discussion HOPE YOU WILL ENJOY MY CLASS & ENHANCE YOURSELF!
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