IB Course Outline
Transcript of IB Course Outline
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Leading UniversityDepartment of Business Administration
MBA Program
Course TitleInternational Business
Course Code: BUS 585Semester: Summer 2012
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1. Key Information:
Course Title: International BusinessInstructor: Md. Ashfaq Hussain
Department of Business AdministrationLeading UniversityEmail: [email protected]: http://mahussain.jimdo.com /
Time Schedule:Day Time Room No
Sunday 6.45 pm - 8.15 pmTuesday 6.45 pm - 8.15 pm
2.1 Introduction to the Course
This course provides a broad introduction to international business in thecontemporary world. This course introduces students to the world of internationalbusiness and management by studying cultural influences, government, and businessstructures in our global economy. Students also learn about international trade theory,multinational enterprise theory, collaborative strategies and legal and labouragreements. Also covered, are topics on information needs, global manufacturing andsupply chain management, marketing, multinational finance function, and humanresource management.
2.2 Course Overview
At the dawn of the 21st Century, nations are more economically integrated than at anyother point in human history. This presents business leaders with unprecedentedopportunities and challenges. On the one hand, the opportunity to sell to global marketsrather than a single national market increases the potential profitability of nearly everykind of business activity. Furthermore, the sharp differences among nations in wagerates and national resource endowments allow multinational firms to create value by
locating different aspects of the value chain in those countries where they can beundertaken most efficiently. On the other hand, globalization increases the number andrange of potential competitors in nearly every industry, and the challenges of effectivelymanaging a multinational enterprise can be substantially greater than those confrontinga firm largely based in a single country.
This course seeks to equip future business leaders to exploit these opportunities andcope with these challenges. The course will accomplish that goal by providing studentswith a systematic understanding of the fundamental aspects of the global businessenvironment that influence business decisions and behaviour. Managers must understand the structural economic factors that determine locational advantages, the
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way government policies both promote and restrain the integration of nationaleconomies with the global economy, and the impact of volatility in the globalmacroeconomic environment on international business strategy. These issues will bestudied using the analytical tools and concepts of international economics, and case
studies will be used to relate these concepts to actual business problems.In addition to learning about strategic concepts, you can expect to further develop yourabilities in sizing up complex business situations and identifying the core problems orissues. You will have the opportunity to analyze qualitative and quantitative data, bothinternal and external to the firm, and assessing what implications it may hold for afirm's success.
3. Intended Learning Outcomes
Upon successful completion of this course a student will be able to:
Develop an understanding of the worldwide developments and foundations forinternational business and the cultural context for managing in an overseasenvironment.
Develop an understanding of the political changes that affect international business Investigate the political economy of international business, trade and investment. Describe and explain trade and the investment environment in which international
business transactions occur. Examines the strategies and structures that firms adapt in order to compete
effectively in the international business environment.
Examine the strategies and functions of international management in the areas of managing political risk, negotiations, planning, organizing international operations,decision making and controlling.
Develop an understanding of the horizons of international business andManagement in the areas of social responsibility and ethics in the era of globalization.
Provide a blend of solid research based information compiled with real worldcurrent events and interesting application examples that help explain and reinforceimportant international topics
4. Course Schedule:
Week Subject Learning Method & InClass Activity
1Introduction to the course:
An Overview of International Business Lecture Notes,
Case Study analysis, visuallearning method, group
discussion, Assignments,and presentation
2The Political and legalEnvironments Facing
Business
3 The Cultural Environments
facing Business4 The Economic Environment
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5 International Trade Theory 6 Mid Term Examination7 Multinational Strategy
Lecture Notes, Case Studyanalysis, visual learning
method, group discussion,Assignments, and
presentation
8 International MarketingStrategy
9International Human
Resource Management
10 Corporate Strategy andNational Competitiveness
11 Ethics and NaturalEnvironment
12European Union, North
America, Japan andEmerging Economies
13 Revision Class
14 Guideline for finalexaminationFINAL EXAMINATION
5. Assessment:
Your performance will be evaluated based on the following:
Performance Evaluation Proportion (%)Attendance 5%
Tutorial/ Case Study/ Assignment/Presentation
20%
Viva Voce 5%
Mid Term Examination 20%
Final Examination 40%
Academic Integrity:
Please remember that Plagiarism is a serious offence and copying of assignmentsand case analysis will be considered severe academic misconduct.
In addition to the information stated above you are advised that:
If you take material that is not yours, from any source whatsoever, and copy it intoassignments for this class, you must provide a citation to the source, and direct quotesmust be placed within quotation marks and referenced to the specific page(s) from whichthey originated. I specifically expect you to use the style guide of the Harvard Referencing. A soft copy of Harvard Referencing System (2010) is uploaded online( www.mahussain.jimdo.com) and I will provide an abbreviated set of instructions for
Harvard referencing style in class.
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5. Learning Resources
5.1. Recommended Texts
A range of articles, case materials and books will be uploaded online. Besides, varioushandouts and hard copies will be provided in the class. However, Students areencouraged to consult the following text:
Required Text
Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2010) International Business:Environments and Operations (12 th Edition). New Jersey: Pearson Prentice Hall,
Additional Text:
Griffin, R.W., & Pustay, M. (2010) International Business: Global Edition (6th edition).New Jersey: Prentice Hall
5.2. Recommended Internet Resources
Useful Websites
1. http://www.businessweek.com/ 2. http://online.wsj.com / (Wall Street Journal)
3. http://finance.yahoo.com/ 4. http://www.bbc.co.uk/news/business/ 5. http://www.economist.com/ (The Economist)
http://www.businessweek.com/http://www.businessweek.com/http://www.businessweek.com/http://europe.wsj.com/home-pagehttp://europe.wsj.com/home-pagehttp://europe.wsj.com/home-pagehttp://finance.yahoo.com/http://finance.yahoo.com/http://finance.yahoo.com/http://www.bbc.co.uk/news/business/http://www.bbc.co.uk/news/business/http://www.bbc.co.uk/news/business/http://www.economist.com/http://www.economist.com/http://www.economist.com/http://www.economist.com/http://www.bbc.co.uk/news/business/http://finance.yahoo.com/http://europe.wsj.com/home-pagehttp://www.businessweek.com/