International Management MGMT 328 03 Spring 2014 Mon – Wed 8 – 9:15 Professor: M Kathleen Towle e mail: ktowle@unm.edu Office Hours: Mon/Wed 12:15 – 12:45 or by appointment Course Description Globalization has changed the way that we conduct transactions, as improvements in technology, communication and transportation have allowed international business to touch us daily in a variety of ways, from products that we buy, to services that we receive. This course analyzes the key elements that affect international businesses, and explains how and what managers need to understand from the changing environment and its implications while making decisions to be able to compete successfully. Course Objectives: o o o o To help students better understand the global business setting To analyze and understand the difference between domestic and international markets and businesses and how they are affected by cultural, political, and economic environments To understand how managers develop international strategies for their companies: from procurement, production, distribution and sales. To show how companies manage their financial needs in an international arena Materials: Required 1) International Business. Daniels, Radenbaugh and Sullivan. 14th Ed. Additional materials, including case studies, assignments and extra readings, will be distributed in class or via Learn 2) Case Studies: Link will be provided to purchase Cases from Harvard Publishing Grading Procedure: 20% Final Exam 25% Quizzes (lowest grade will be dropped. If a quiz is missed, it will count as a zero) 25% Case Studies (Book Cases 30% - Harvard hand in cases 70%) 15% Final Assignment 15% Homework, current event discussion and participation in class The grading scale used for this course (percentages will first be rounded to the nearest whole number) follows: Grading Scale: A+ 97 – 100 B+ 87 – 89.99 C+ 77 – 79.99 A B C 93 – 96.99 83 – 86.99 73 – 76.99 ABC- 90 – 92.99 80 – 82.99 70 – 72.99 D+ 67 – 69.99 F below 60 D 63 – 66.99 D- 60 – 62.99 Chapter and Current Event Reading You will be required to read current events on newspaper/internet and the chapter being analyzed before the class. During class we will review questions that you may have regarding the chapters, discuss the key issues related to the chapter and how they relate to current events. This will be part of your grade…. Exam and Quizzes Quizzes will be multiple choice and short answer. Quiz with the lowest grade will be dropped. The final exam will incorporate a combination of multiple choices, short answer, and essay questions Class Participation Class Participation will be an important component to each student’s final grade. All students are expected to be prepared for class and participate in class discussions. Cases We will review cases published in the book on a regular basis in class. You need to come prepared to discuss them in class. Additional Case assignments from Harvard Publishing will have to be written up and submitted via Learn (NOT E MAIL). These cases will be done in teams of up to 4 students. Instructions will be provided on Learn. Once the case is discussed in Class I will not receive any more assignments. If you cannot make it to class that day, make sure to submit your paper prior to class. Homework, Class Participation and Attendance Homework will be announced in class and /or will be Published on Learn, and it will have to be submitted via Learn (NOT E MAIL). Late homework will not be received Homework includes: current event discussion, analysis, essays, readings, etc. Attendance sheets will be signed during the class and will serve as your attendance records. Attendance records and homework assignments will be equally weighted as records of your class participation and will count toward your semester grade. For example, student S signed 18 out of 20 attendance sheets and missed one out of ten homework assignments. Thus, student S completed 27 out of 30 records in total. All students are expected to be prepared for class and participate in class discussions of course material and current events, that will be analyzed each class. If a student is not prepared, this will affect his/her participation grade for that day. Assignment Additional information will be provided for the final assignment. The idea is to apply concepts covered in class for the introduction of a product into an international market. Snow Policy: If class is cancelled on a date in which an exam is scheduled or an assignment is due, the exam or assignment will be automatically rescheduled for the following regular class session. If school is cancelled on the date of the final exam, the exam will be cancelled, and students will be assigned their current grades. CopyrightedMaterials Allmaterialsinthiscoursefallundercopyrightlawsandshouldnotbedownloaded,distributed,or usedbystudentsforanypurposeoutsidethiscourse. http://pathfinder.unm.edu/common/policies/copyright‐policy‐and‐law.html AcademicIntegrity Eachstudentisexpectedtomaintainthehigheststandardsofhonestyandintegrityinacademicand professionalmatters.Dishonestyisdefinedasalackoftruth,honestyortrustworthiness.Cheatingis definedasinfluencingorleadingbydeceit.Deceitisdefinedasintendingtomisleadandcommonly suggestsafalseappearance. StudentsshouldbefamiliarwithUNM’sPolicyonAcademicDishonestyandtheStudentCodeofConduct whichoutlineacademicmisconductdefinedasplagiarism,cheating,fabrication,orfacilitatinganysuch act. Examples(notexhaustive)ofdishonestbehaviorinclude: Usesorattemptstouseunauthorizedaidsinexaminationsorotheracademicassignmentsto besubmittedforevaluation Misrepresentationofdata,resultsorsourcesforpapersorreports Copyinganotherstudent’swork AndersonSchoolofManagementfaculty,staffandstudentscommitto valuesoftrust,honesty,integrity,andaccountability.Wewillnottolerate academicdishonesty.ByenrollinginanycourseatAnderson,the studentacceptstheAndersonAcademicHonestyCodeandaffirmsthe followingpledge:Iwillnotlie,cheat,fabricate,plagiarizeoruseany otherdishonestmeanstogainunfairacademicadvantage. Anyviolationofthecodeofconductwillbetakenveryseriouslyandappropriatesanctionswillbe applied.ForfulltextofAnderson’sAcademicHonestyCode,pleasevisit http://www.mgt.unm.edu/honesty BacktoTableofContents StudentswithDisabilities Qualifiedstudentswithdisabilitieswillbeprovidedreasonableandnecessaryacademic accommodationsifdeterminedeligiblebytheAccessibilityResourceCenter(http://as2.unm.edu/). PleaserefertoUNM’sDisabilityPolicyforfurtherinformation, http://pathfinder.unm.edu/common/policies/academic‐adjustments.html TheAmericanwithDisabilitiesAct(ADA)isafederalanti‐discriminationstatutethatprovides comprehensivecivilrightsprotectionforpersonswithdisabilities.Amongotherthings,this legislationrequiresthatallstudentswithdisabilitiesbeguaranteedalearningenvironmentthat providesforreasonableaccommodationsoftheirdisabilities.Ifyouhaveadisabilityrequiring accommodation,pleasecontactmeimmediatelytomakearrangementsaswellasAccessibility ServicesOfficein2021MesaVistaHallat277‐3506orhttp://as2.unm.edu/index.html.Information aboutyourdisabilityisconfidential. If you are a qualified person with disabilities who might need reasonable accommodations in academic settings, please communicate with me as soon as possible so that we may make appropriate arrangements to meet your needs. Frequently, we will need to coordinate accommodating activities with other offices on campus, so that course materials can be made available in alternative formats. Schedule This is an outline of the class schedule. The schedule might vary depending on several factors, such as changes in schedules of the guest speakers or subjects may take more or less time to cover. Topic Globalization Cha pter 1 International Business 1 Cultural Environment 2 Political Environment Legal Environment 3 3 Economic Environments 4 Globalization and Society Case International Trade Guest Speaker Government Influence on Trade Cross National Cooperation Agreements Export and Import Strategies Case Foreign Exchange Foreign Exchange Guest Speaker International Business Strategy Global Manufacturing and Supply Chain Management 5 Homework-Case Assignments Due Carnival Cruise Lines (Research: Costa Cruises Concordia Disaster ) Charles Martin in Uganda Taking to local businesses internationally It’s a Knock off word Meet the Brics: Discussion about current Situation in Brazil and other Bric countries Quiz 1 (Chapters 1 3)Anglo American PLC IKEA's Global Sourcing Challenge: Indian Rugs and Child Labor (A) Description Daniels pg 24 Internet/News papers Daniels pg 79 Instructions on Learn Daniels pg 124 Homework: What are the "Bric" Countries Daniels pg 207 Harvard Instructions on Learn 6 Economic Indicators Homework Instructions on Learn 7 Catfish by another Name Daniels pg 258 8 Quiz 2( Chapters 4-6) Daneils pg 513. 13 9 10 11 17 Alibaba.com EuroDisney Going Down the wire FX Homework Quiz 3 (Chapters 7-10) Value creation (Zara) Harvard Instructions on Learn Daniels pg 328 Daniels pg 398 TBD Country Evaluation and Selection Case Direct Investment and Collaborative Strategies Marketing Globally Marketing Globally The Organization of International Business/ international Human Resources The Organization of International Business/ international Human Resources Case Financial Issues in International Business Financial Issues in International Business Assignment Presentations Assignment Presentations Final Exam 12 Burger King Procter and Gamble SKII 14 16 Quiz 4 1520 Daniels pg 470 Harvard Instructions on Learn Infosis Daniels pg 588 Carlsberg Harvard Instructions on Learn 1520 18 , 19 18 , 19