Chabot College Fall, 2002 Course Outline for Business 40 INTERNATIONAL BUSINESS Catalog Description: 40 - International Business 3 units Exploration of major factors involved in developing international trade. A managerial overview of international law, monetary environment, foreign market analysis, sociocultural forces, and international ethics. Emphasis on current events in international business. 3 hours Prerequisite Skills: None Expected Outcomes for Students: Upon completion of this course, the student should be able to: 1. 2. 3. 4. 5. 6. 7. 8. 9. discuss the environment in which international business is conducted; identify and explain the dynamics behind multinational enterprises: why companies go abroad, problems and risks encountered, and the incentives for doing so; demonstrate the functional management aspects of a multinational operation and its possible effects on the home and host nation; discuss the complexities of the balance of trade and economic interactions among nations; analyze investment and marketing opportunities in foreign markets; compare and contrast economic theories of international business; describe and demonstrate procedures and documentation necessary to import a product from a foreign country, including purchase order, transfer of international payments, insurance, shipping, customs quota, and duty; discuss the significance of the sociocultural environment for international business; critically assess globalization and its impact on the modern world. Course Content: 1. 2. 3. 4. 5. 6. 7. 8. 9. The scope and context of international business; the historical perspective of the field Economic theories of international business and international monetary system International organization: UN, WTO, IMF, EU, NAFTA, OPEC Economic, financial, sociocultural, political, legal, and labor environments of international business Structure, growth, and influences of multinational companies on society Assessment and analysis of international markets International marketing Global human resource management Documentation for international trade: transfer payments, letters of credit governmental regulations, and insurance. Chabot College Course Outline for Business 40, Page 2 Fall 2002 Methods of Presentation: 1. 2. 3. 4. Lectures/discussion Classroom participation Project presentation Case studies Assignments and Methods of Evaluating Student Progress: 1. 2. Typical Assignments a. Article assignments b. Internet assignments c. Assume you are given a two year assignment to serve as a general manager in a manufacturing firm in a country of your choice. Write a report that addresses reasons why you would or would not accept the position Methods of Evaluating Student Progress a. Examinations b. Class presentations c. Case analysis d. Final examination Textbook(s) Typical: INTERNATIONAL BUSINESS INTRODUCTION AND ESSENTIALS, Donald A. Ball, Wendell H. McCulloch Jr. BPI/Irwin, 1999 INTERNATIONAL BUSINESS, A MANAGERIAL PERSPECTIVE, Ricky W. Griffin, Michael W. Pustay, Addison Wesley, 2000 GLOBAL BUSINESS, Charles W. L. Hill, Irwin/McGraw-Hill 2001 Special Student Materials: None mc 12.19.01 COBUS40