IB 479/PLSC 379: Role of Business, Politics and Culture in Market and Socio-Economic Development of India Summer 2014 Instructors: Duration: E-mail: Nitya Singh & Shiri Vivek July 01-14, 2014 (2 Weeks) nitya.singh@emich.edu , svivek@emich.edu Course Objectives: The primary objective of this course is to create an understanding of the role of business, politics and culture in the development of a market, the dynamics of country specific marketing best practices and characteristics of Indian customers, consumers, and marketing partenerships in India. Business, culture, and politics of a country are crucial elements that shape the markets and consumption patterns in any economy and vice versa influence these elements. This course will help you understand the complexities and challenges in successful management of foreign markets, businesses and economies through the understanding of decisive characteristics in the target market. In this course, emphasis will be placed on field experiments, field visits and observation and analysis. Upon completion of the course requirements, students are expected to have the following competencies. Learning to appreciate and adapt with emerging foreign cultures. Bridging cross-cultural business and economic alienness. Comprehending the fundamental elements of an emerging market and economy. Embracing the importance of awareness of emerging markets and cultures in the context of globalization. Understanding and practicing key issues in operating beyond one’s own country. Capably evaluating the role cultural, political and geographical understanding plays in marketing in a global environment. Appreciating the complexity and interdependence of cultures, economies, politics and markets in a globalized world. Recommended Course Materials: Each student will select one movie from the communicated list of movies. Besides, 1 students can read any of the following books for more understanding of the country. 1. Deb, Siddharth: The Beautiful and the Damned: A Portrait of the New India, Faber and Faber, 978-0-86547-862-6. 2. Mehta, Gita: Karma Cola: Marketing the Mystic East 3. Yuvnesh Modi, Rahul Kumar, Alok Kothari: The Game Changers: 20 Extraordinary Success Stories Of Entrepreneurs From IIT Kharagpur; Random House India; 8184002734 4. Guha, Ramchandar, India After Gandhi: The History of the World's Largest Democracy 5. Jalan, Bimal; Emerging India: Economics, Politics and Reforms; Viking, 0670085871. 6. Tully, Mark: Non-Stop India, Penguin, 0670083895 7. Peter Cappelli, Harbir Singh, Jitendra Singh, Michael Useem: The India Way, Harvard Business Review, 1422143880. Teaching Approach: The course is based on student faculty discussions, collaborative projects with students from an Indian Business School, class-centered activities, field activities, aadditional case discussions, videos, speakers, and other approaches will be used to enhance the basic material. There are several components used for grading in the course. These include, but might not be limited to level of class participation, class projects, assignments and class discussions. Grading Criteria: Grading Scale: A (93-100) A- (90-92.9) B+ (87.5-89.9) B (82.5-87.4) B- (80-82.4) C+ (77.579.9) C (72.5-77.4) C- (70-72.4) D: 60-69.9 F: Below 60 The grade you earn will be a reflection of your overall effort and knowledge in regards to the material. Grades will be based on level of involvement in the program, successful completion of project presentation, successful completion of various assignments given to the students during the course of the program (interaction with Indian people, Mall Visit etc), as well as the submission of the review paper talking about your reflections on the trip. Feel free to discuss your grades (or grade situation) with us as the course progresses. Please note, however, that no changes will be made in grades at the end of the course unless a typographical error has occurred. Thus, please don’t ask that a grade be changed unless you think that there has been an error of that type. Program Policies: This is a field based classroom. You are expected to behave in a manner that is conducive to a teaching-learning environment. Engaging in behavior that is disruptive or obstructive to the teaching- learning environment will be subject to disciplinary sanctions outlined by the Code of Student Conduct. Disruptive/ obstructive behavior is not limited to but may include the following: physical abuse, verbal abuse, threats, stalking, intimidation, harassment, hazing, possession of controlled substances, and possession of alcoholic beverages. 2 University Policies Academic Dishonesty Academic dishonesty, including all forms of cheating, falsification, and/or plagiarism, will not be tolerated in this course. Penalties for an act of academic dishonesty may range from receiving a failing grade for a particular assignment to receiving a failing grade for the entire course. In addition, you may be referred to the Office of Student Judicial Services for discipline that can result in either a suspension or permanent dismissal. The Student Conduct Code contains detailed definitions of what constitutes academic dishonesty but if you are not sure about whether something you are doing would be considered academic dishonesty, consult with the course instructor. You may access the Code online at www.emich.edu/sjs.” ADA Accommodations If you wish to be accommodated for your special academic needs, EMU Board of Regents Policy #8.3 requires that you first register with the Access Services Office (ASO) in 203 King Hall. You may contact ASO by telephone at 734.487.2470. Student with needs for special accommodations are encouraged to register with ASO promptly as you will only be accommodated from the date you register with them forward. Religious Holidays University policy recognizes the rights of students to observe religious holidays without penalty to the student. However, since this is a study abroad course in another country it might not be possible to observe any religious holidays. Please talk to us in advance if this is a concern for you or would require assistance from us for any religious event. Field Class Management Students are expected to abide by the Student Conduct Code and assist in creating an environment that is conducive to learning and protects the rights of all members of the University Community. Incivility and disruptive behavior will not be tolerated and may result in actions deemed appropriate by the faculty in a given situation. You may access the Code online at: www.emich.edu/sjs.” Tentative Program Schedule: July 01-03 Arrival; Orientation Lucknow Lucknow? Indian infrastructure-Growth amid Chaos Project: 1. FDI Inflow (Charles, Sayem) 2. US India Relations and Business (Cassandra, Ryan) 3. Possible China-India Free trade Relations (Shairon) 4. Feedback Session. July 04-06 India: Evolving Religion and Culture. Is it? Banaras/Varanasi The Social Structure of India Feedback session in the train. Project Field Assignments Video Assignments Group Discussions 3 July 07 Agra July 08-12 Rajasthan Region July 13-14 New Delhi The Grand Taj: Politics, Public Security and Economics of the Taj Influence of politics, religion and economics on life, work and consumption Life and Consumption in a desert The entrepreneur-run market structure Consumption classes of India-Rich, poor and the “in-between” Retail Explosion and the New Seasonal Sales The Business Hubs of India Understanding the Indian Metro Life Marketplace and Marketplace Composition The Social Structure of India (Contd.) To airport on 14th evening for flight back to U.S.A. End of Program Guest speakers Field Assignments Group Discussions Guest speakers Field Assignments Video Assignments Group Discussions 4