Republic of the Philippines APAYAO STATE COLLEGE Conner, Apayaop Official website: www.asc.edu.ph E-mail addresses: ascofficeofthepresident@gmail.com & op_asc@yahoo.com Tel. No.: (074) 634-0091 BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION DEPARTMENT First Semester, Academic Year 2023-2024 COURSE SYLLABUS IN BAC 11: INTERNATIONAL BUSINESS AND TRADE (Revised: October 1, 2023) Vision Mission ”Apayao State College is an innovation-driven higher education institution in the Asia-Pacific Region pursuing excellence in instruction, biodiversity conservation, pioneering research, and community empowering.” Apayao State College is committed to nurturing and developing nation builders in critical fields towards producing graduates equipped with internationally competitive innovations who can transform society for sustainable development.” Core Values and Guiding Principles Development Goals Apayao State College shall provide a supportive environment for nurturing and developing innovative nation builders for social transformation ensuring the attainment of sustainable development goals of the country and beyond. To achieve this, the following essential elements must be ensured: a. A relevant curriculum responsive to challenges and needs in local and international contexts; b. Skilled faculty members in their respective specializations for the conduct of pioneering research, innovation-driven instruction, biodiversity conservation and protection, and doing collaborative work with local and international partners; c. A policy environment supportive of innovation and excellence; d. A strong participation in research as a venue for innovations; and e. Modern facilities for instruction, research, extension programs, and production The following principles will be observed in performing institutional tasks: Transparency and Accountability Synergy of Efforts Nationalism and Patriotism Innovativeness Academic Excellence ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 1 of 12 BACHELOR OF SCIENCE IN BUSINESS ADMINISTRATION PROGRAM EDUCATIONAL OUTCOMES: 1. Perform the basic functions of management such as planning, organizing, staffing, directing and controlling. 2. Apply the basic concepts that underlie each of the functional areas of business (marketing, finance, human resources management) and employ these concepts in various business situations. 3. Select the proper decision-making tools to critically, analytically and creatively solve problems and drive results. 4. Express oneself clearly and communicate effectively with stakeholders both in oral and written forms. 5. Apply information and communication technology (ICT) skills as required by business environment. 6. Work effectively with other stakeholders and manage conflict in the workplace. 7. Plan and implement business related activities. 8. Demonstrate corporate citizenship and social responsibility. 9. Exercise high personal moral and ethical standards ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 2 of 12 Course Code: BAC 11 Course Title: International Business and Trade Credit: 3.0 units Semester: First Semester School Year 2023-2024 Prerequisite : Principles Marketing No. of Hours: 3 hours/week I. COURSE DESCRIPTION: This course is intended to familiarize the student s with the principles and practices of global marketing. The topics includes the scope and challenges of international marketing, the cultural environment of global marketing, global marketing management and the corporate context of marketing. II. COURSE LEARNING OUTCOMES IN RELATION TO PROGRAM OUTCOMES L – Learning P – Practice O – Opportunity ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 3 of 12 III. LEARNING PLAN Week Course Topics Learning Outcomes Week 1 Week 1-2 CLO 1, CLO 3, Statement of ASC VMGO, Program Goals and Objectives, course orientation and class policies Unit 1: Globalization and International Business a) Globalization b) Differentiate global from international market c) Importance of international marketing d) Identify the reason why companies engage in international business e) Identify factors contributing to rapid growth of international business f) multinational enterprises g) criticism of globalization: growing income inequality h) difference between international and domestic operations Intended Learing Outcomes State and discuss the VMGO of the institution, and goals and objectives of the BSBA program. At the end of the week, the students should be able to: 1. define globalization and international business and show how they affect each other 2. understand why companies, engage in international business and why international business growth has accelerated 3. discuss globalization’s future and the major criticisms of globalization 4. identify different ways in which a company can accomplish its global objectives 5. apply social science disciplines to understanding the differences between international and domestic business Teaching and Learning Activities Resources Assesment Task Reflective Assessment Lecture Please see list of references below Discussions Essay Quiz Recitation Multimedia Instruction ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 4 of 12 Week 3-5 Week 6 CLO 2 CLO 3, CLO 6 CLO 2, CLO 3, CLO 5 Unit 2: Socio-cultural Environment of International Business a) Socio-cultural factors that significantly affect the economic activity b) Characteristics of Culture c) Dimensions of Culture d) The Top Cultural Risks For Global Business e) Management Styles Around the World f) Business ethics g) Generally, Condemn Business Practices Unit 3: International Modes of Entry a) The development of World Trade Organization (GATT, WTO, NAFTA, USMCA) b) Market entry strategies c) Traditional InternationalExpansion Entry Modes. d) Exporting e) Licensing At the end of the week, the students should be able to: 1. distinguish among the different socio-cultural factors affecting international business. 2. discuss the characteristics of Culture 3. dist and explain the top cultural risk for global Business 4. describe how and why management styles are important in managing international business. 5. describe common Business practices and explain their impact on international marketers. At the end of the week, the students should be able to: 1. describe the five common internationalexpansion entry modes. 2. know the advantages and disadvantages of each entry mode. 3. understand the dynamics among the choice of different entry modes. Lecture Please see list of references below Essay Quiz Recitation Please see list of references below Essay Quiz Recitation Discussions Multimedia Instruction Lecture Discussions Multimedia Instruction ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 5 of 12 f) Franchising g) Strategic Alliances h) Foreign Direct Investment i) Factors to consider upon entering International Business Week 7 Week 8 CLO 3, CLO 4, CLO 6 CLO 1, CLO 4 Unit 4: Global Products a) Product and communications strategies b) Five strategic alternatives in pursuing geographic expansion. c) Product transformation d) Standardization e) Customization f) Forces Favoring Globalized Product Strategy g) Degree of Standardization h) Multinational Diffusion i) Product Characteristics j) Country-of-Origin Effect Unit 5: Global Branding a) Branding vs. brand identity vs. brand b) What is global branding? At the end of the week, the students should be able to: 1. appreciate the fundamentals of global product development. 2. outline the trade-offs between standardized versus customized products. 3. understand the influence of the countryof-origin effect. 4. comprehend the benefits of reverse innovation. Lecture By the end of this module, the students will be able to: 1. understand Branding best practices Lecture Please see list of references below Essay Quiz Recitation Please see list of references below Essay Quiz Recitation Discussions Multimedia Instruction Discussions ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 6 of 12 c) Benefits of global branding d) Strategies to build a global brand e) 8 Types of Branding f) Types of Global Branding Strategies g) 7 Popular Types of Brand Names WEEK 9 Week 1011 Unit 6: Global Human Resource Management a) Global Human Resource Management Meaning and Objectives b) Importance of Global Human Resource Management c) Strategic role of Human resources Management d) Challenges of Global Human Resources Management e) Global HRM and the Staffing Policy f) 8 Strategies to Ensure Effective Global HR Management 2. list importance of Multimedia brands and the brand Instruction building process 3. relate Marketing, Advertising and Branding concepts 4. develop and analyse brand strategies, brand architecture and portfolio strategies 5. analyze the application of different branding topics MIDTERM EXAMINATION At the end of the week, the Lecture students should be able to: 1. demonstrate an Discussions understanding of key terms, Multimedia theories/concepts and Instruction practices within the field of HRM. 2. demonstrate competence in development and problem-solving in the area of HR Management. 3. provide innovative solutions to problems in the fields of HRM. Please see list of references below ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Essay Quiz Recitation Page 7 of 12 Week 1214 CLO 1 CLO 5 CLO 7 g) Mistakes To Avoid When Implementing A Global HR System Unit 7: Global Financial System a) International Monetary System b) Importance of Currency Management c) Exchange Rates d) International Monetary Fund e) IMF Advantages f) IMF Disadvantages g) The World Bank At the end of the week, the students should be able to: 1. understand history of monetary systems and of the current state of International Monetary System 2. understand its institutions as well as practical knowledge regarding the methodologies and techniques for the determination of the Exchange Rates 3. understand differences between the different International Monetary Regimes and to describe their main principles and political institution. 4. understand the impact of Monetary Regimes on the international political relation. 5. analyze the influence that monetary issues exert on financial crises. 6. identify the sources of different global economic crisis. Lecture Please see list of references below Discussions Essay Quiz Recitation Multimedia Instruction ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 8 of 12 Week 1516 CLO 2, CLO 6 Unit 8: International Commercial Terms a) What are Incoterms? b) When do Incoterms apply? c) Who publishes Incoterms? d) Incoterms types e) What does each group mean? f) Incoterms and their definitions g) Alternative classification of Incoterms At the end of the week, the students should be able to: 1. interpret concepts of International Commercial Terms (INCOTERMS) and preloading, post-loading and post-charging cargo loading and inspection documentation 2. prepare clear and concise cargo inspection and documentation instructions using effective policy and procedure writing skills 3. implement cargo loading and unloading receipt, inspection processes, and cargo labelling to ensure cargo is handled correctly 4. interpret the concept of pre-loading, postloading, and postcharging loading documentation and improve cargo-related documentation processes using effective policy and procedure writing skills Lecture Please see list of references below Discussions Essay Quiz Recitation Multimedia Instruction ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 9 of 12 Week 17 CLO 1, CLO 2, CLO 7 Unit 9: Economics Of Global Business a) Global Economic System b) Command Economies c) Market Economies d) Mixed Economies e) Economic Development f) Industrialized Countries g) Less Develop countries h) Developing Countries At the end of the week, the students should be able to: 1. state the geographic, economic, cultural, and political factors that influence international business activities Lecture Please see list of references below Discussions Essay Quiz Recitation Multimedia Instruction 2. develop an understanding of methods used for measuring international trade activities 3. explain the factors that influence the level of economic development in a country Week 18 FINAL EXAMINATION IV. REFERENCES: 1. John D. Daniels, International Business, 16th Edition, Pearson, 2018 2. Cateora, Gilly, and Graham, International Marketing 16th edition, McGraw-Hill Higher Education 2016. 3. Kate Gillespie, Global Marketing 4th edition, Routledge; (July 28, 2015) 4. Coughlan, Anne T., et al.(2006). A Comprehensive Study of Marketing Channels, Pearson Education South Asia Pte Ltd. 5. Lascu, Dana (2013), International Marketing, Atomic Dog,2013 6. Vern Terpstra; James Foley; Ravi Sarathy, International Marketing, Naper Publishing Group; 10th edition (2012) Online Sources: ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 10 of 12 • • • • • • • IMF -- International Monetary Fund Home Page https://www.imf.org/ https://europa.eu/european-union/index_en Asia-Pacific Economic Cooperation https://www.apec.org/ https://www.enotesmba.com/2016/04/importance-of-international-marketing.html ) https://vajiramias.com/current-affairs/corruption-perceptions-index-cpi2019/5e2a74d21d5def517fec7a83/ 7. (https://www.researchgate.net/figure/Cultural-value-orientations-and-examples-of-their-specii-cfeatures_fig1_233337573) V. COURSE REQUIREMENTS: 1. Major exams 2. Quizzes 3. Seatworks 4. Assignments 5. Group Activities 6. Recitation 7. Board Works 8. Experiment 9. Per unit outputs as specified in the assessment VI. GRADING SYSTEM A. Midterm Grade (MG)=60% Class Standing+40% Midterm Exam B. Final Grade (FG) 1. Final Raw Grade=60% Class Standing+40% Final Exam 2. Final Grade (FG)=70% Final Raw Grade+70% Midterm Grade ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 11 of 12 VII. ACCOMMODATIONS FOR STUDENTS WITH SPECIAL NEEDS 1. Learning materials with larger font size shall be given to students with eyesight problems. 2. An online learning platform is created for each class for students to have easy access of learning materials most especially in instances when they are not able to attend to their face-to-face classes. 3. Soft copy of the learning materials shall be provided to the students. Either these are made available through storage devices or uploaded in the online learning platform for the class. 4. Students may be accommodated every 1:00-5:00 PM Friday for a consultation time on matters about their subject which cannot be tackled in the classroom Prepared by: Reviewed by: Approved by: DAIANN V. MARTINEZ Instructor Date: ___________________ KRISELLE DONNA A. BALETBET Program Chair, BSBA Date: ___________________ REMA BASCOS-OCAMPO, PhD Campus Academic Dean Date: ___________________ ASC-ARE-IQF-11 Effectivity: Sept. 29, 2023 Revision: 0 Page 12 of 12