SAIGONTECH COURSE SYLLABUS Introduction to International Business & Trade IBUS 1305 3 credits SUMMER 2015 Instructor: Anh Lam (M.Sc) Email: anhln@saigontech.edu.vn Ext: 1256 Office: Room 604 Visiting hour: by appointment Study Hard, Think Big & Fly High COURSE CONTENT Course Description & Goals How to complete the course Course Schedule & Textbook COURSE DESCRIPTION & LEARNING OUTCOME What issues are taught in the course. This course provides a critical overview of international business including the techniques for entering the international marketplace, the impact and dynamics of socio-cultural, demographic, economic, technological, and political-legal factors in international trade environment. Topics include patterns of world trade, internationalization of the firm, and operating procedures of multinational enterprises Textbook: Cavusgil, Knight and Riesenberger (2014), International Business, 3rd Edition, Pearson Publishing. What you should know before you start the course. Students need to be familiar with basic business vocabulary and be able to follow lectures, participate in discussions and to work in English. Plus, make sure the course fits your timetable! What you should know after you have completed the course. Program Learning Outcomes 1. Identify global issues and trends. 2. Identify current global legal issues and international trade management issues. 3. Analyze various sources of international business research. 4. Demonstrate knowledge of global and world geography. Student Learning Outcomes (SLO) Learning Objectives (LO) 1. Define and explain terms in the global 1.1 Understand globalization and environment. international business 2. Identify participants business. in international 3. Understand theories trade and investment. of international 4. Identify factors impact on international business. 5. Identify the various forms of entry strategies in the international business. 6. Understand the global money flow and how to minimize international risks. HOW TO COMPLETE THE COURSE In-class training 1.2 Understand the key concepts of international trade and investment. 1.3 Distinguish between international business and domestics business. 1.4 Understand the reasons why firms pursue internationalization strategies. 2.1 Identify types of participants in international business. 2.2 Understand the value-chain activity of international participants. 3.1 Explain the advantages of specification. 3.2 Demonstrate the concept of comparative advantage. 3.3 Distinguish between portfolio investment and direct investment. 4.1 Understand the cultural environment of international business 4.2 Understand political and legal system risks. 4.3 Understand the government intervention in international business 5.1 Understand strategy in the international context 5.2 Analyze organizational readiness to internationalize 5.3 Understand forms of entry strategies by firms to initiate international business activities. 6.1 Understand the international monetary and financial systems 6.2 Identify the key players in the monetary and financial systems 6.3 Understand currency risks There are 12 weeks (48 hours) that cover the academic subject areas. Attendance is strongly recommended because students will achieve beneficial and practical information related to their further careers. Moreover, those who are absent more than 12.5% of total hours will be dropped from the course with an F. Mid-term & Final exam Exam Exam Type Duration (Minutes) Multiple Choices Point 60 Closed book 120 Short Questions 40 Quiz, Assignment & Discussion This course is not difficult, but wide. Therefore, at the beginning of the class, you will have a short test (15-20 minutes) about the previous lecture. This will help you review the knowledge week by week and prepare for mid-term & final exams. Besides, you will have assignment to work at home every week to deepen and apply your knowledge into reality. You will find these assignments on Moodle. These assignments are essential in your score improvement; so TAKE THE CHANCE! After doing your assignment, you will have a chance to discuss what you have done in your home research in class discussion. Each day, there will be one student to become the lead of the discussion. Report & Presentation (group of 2) In this report, your group will have a chance to apply all of the course knowledge into the reality of a company. Your task is to develop a comprehensive business plans for a Vietnamese small- to medium-sized enterprise (SME) to enter successfully in a foreign market. First, you need to implement a comprehensive country report (external environment) to assess a country’s attractiveness in term of competitive, economic, political, geographic, cultural and demographic factors. Then, you perform a company analysis (strength and weakness) to define appropriate strategy for your company expansion. The report needs to have at least 2500 words and to be expressed in font Time New Romans, size 12, line spacing 1.5. Deadline is 7:00 AM 28.08.2015. Late work means 0. In the last day of the course (31.08.2015), all of you will present your report. The presentation should last around 10-15 minutes (excluding Q&A part) with the participation of all group members. Criteria Speaking speed Standards Not too fast, not too slow Attire Appropriate Time management Power point slides 10-15 minutes for presentation (not including Q&A section) Good design & layout Pronunciation Professional Manner Accurate, clear, loud enough Proper gesture, face expression, eye contact, audience control Content Quality of the content presented, quality of the answers Course evaluation Attendance & Participation 7% Mid-term exam 20% Quiz 15% Assignment & Discussion 18% Report & Presentation 15% Final Exam 25% Percentage Grade Letter Grade Note 90 – 100 A Pass 80 – 89 B Pass 70 – 79 C Pass 60 – 69 D Pass 0 – 59 F Fail Rules of the Road 1. Please be punctual. Otherwise, you will get an L in attendance book! 2. There should be no talking or phone ring whilst the instructor is speaking. It is rude and disturbs other students. Pass a note or going out for answering phone calls if necessary. 3. Academic Dishonesty Policy will be in effect through all exams and written assignments. Make certain you understand and adhere to them. Especially, don’t commit PLAGIARISM under any circumstances. If you are caught to plagiarize, you will get a 0 and even an F for the whole course in case of recommitment. 4. No ‘extra credit’ work or additional assignments will be given without a valid reason. Instead, your activeness in class discussion/ activity is highly appreciated and will be counted. Extensions to any deadlines are possible only upon presentation of appropriate documentation. Plagiarism & Cheating Students are responsible for conducting themselves with honor and integrity in fulfilling course requirements. Penalties and/or disciplinary proceedings may be initiated by SaigonTech officials against a student accused of scholastic dishonesty. Please read my PowerPoint on “Cheating and Plagiarism” and the following policies for more details about Academic Dishonesty Policy: Acts of plagiarism include but are not limited to: Submit other people’s works to get points (Nộp bài làm của người khác để lấy điểm cho mình). Copy words or ideas without citing source and author’s name (Sao chép từ hoặc ý tưởng của người khác mà không nêu nguồn tài liệu và tên tác giả được trích dẫn). Do not use quotation marks for direct citation (Không đặt dấu ngoặc kép trong các trích dẫn nguyên văn). Cite the wrong source (Đưa thông tin sai về nguồn của một trích dẫn). Change the wording but sentence structure without citing author’s name (Thay đổi từ ngữ nhưng vẫn giữ nguyên cấu trúc câu của một nguồn tài liệu mà không nêu tên tác giả). Borrow words/ phrases from a source without using quotation marks or with making negligible change (Vay mượn từ/ cụm từ của một nguồn tài liệu mà không đặt dấu ngoặc kép hoặc chỉ thay đổi chúng một cách qua loa). Copy too many words or ideas that make up the most of personal work, regardless of whether source and author’s name are cited (Sao chép quá nhiều từ ngữ hoặc ý tưởng từ một nguồn tài liệu làm cho các ý tưởng đó chiếm phần lớn bài làm của mình, bất kể có nêu tên nguồn hoặc tác giả hay không) Copy information from Internet such as company information, market information etc. (Sao chép thông tin từ Internet (thông tin công ty, thông tin thị trường v.v) Use Google Translation to write up papers, regardless of whether you use your own ideas or borrow ideas (Sử dụng Google Translation để viết bài, bất kể là ý tưởng của bản thân hay vay mượn). Use Google Translation to write up papers by translating Vietnamese from existing Vietnamese study materials/ sources into English (Sử dụng Google Translation để dịch thông tin từ nguồn tài liệu tiếng Việt sang tiếng Anh và đưa vào bài làm của mình). COURSE SCHEDULE Time: Monday & Tuesday, 7:30 AM -9:30 AM Venue: Room 204 Week Date Mon 15/06/15 1 Tue 16/06/2015 Mon 22/06/2015 2 Tue 23/06/2015 Mon 29/06/2015 3 4 Topic Syllabus explanation Chapter 1: Introduction Chapter 2: Globalization of Markets and The internationalization of the firm Quiz 1 Chapter 3: Organization participants that make international business happen Chapter 4: The cultural environment of International Business Quiz 2 Chapter 4 (cont.) Discussion Tue 30/06/2015 Chapter 6: Theories of International Trade and Investment Mon 06/07/2015 Chapter 7: Political and Legal System in National Environments Quiz 3 Discussion Chapter 7 (cont.) Chapter 8: Government Intervention in International Business Quiz 4 Tue 07/07/2015 Homework/ Preparation Assignment 1 Assignment 2 Assignment 3 Mon 13/07/2015 5 Tue 14/07/2015 Mon 20/07/2015 6 7 8 10 11 12 Assignment 4 Mid-term Exam Tue 21/07/2015 Chapter 11: The international Monetary and Financial Environment Discussion Mon Chapter 12: Global Strategy and Organization 27/07//2015 Discussion Assignment 5 Tue 28/07/2015 Chapter 14: Export and Countertrade Quiz 6 Assignment 6 Mon 03/08/2015 Chapter 14 (cont.) Discussion Tue 04/08/2015 Chapter 15: Foreign Direct Investment and Collaborative Ventures Quiz 7 Chapter 15 (cont.) Discussion Assignment 7 Assignment 8 Mon 17/08/2015 Chapter 16: Licensing, Franchising & Other Contractual Strategies Quiz 8 Chapter 16 (cont.) Discussion Tue 18/08/2015 Chapter 17: Global Sourcing Quiz 9 Assignment 9 Mon 24/08/2015 FE Review Tue 25/08/2015 Final Exam Mon 31/08/2015 PRESENTATION Course evaluation & Discussion Mon 10/08/2015 9 Chapter 8 (cont.) Chapter 9: Regional Economic Integration Discussion Chapter 10: Understanding Emerging markets Quiz 5 Tue 11/08/2015 Tue 01/09/2015 HOPE YOU WILL ENJOY MY CLASS & ENHANCE YOURSELF!