SYLLABUS
NAU-YUMA
MANAGEMENT 405: INTERNATIONAL MANAGEMENT
Fall, 2004: sequence number: 5729
CREDIT HOURS: 3, Meets Thursday at 4:30 – 7:00pm in room BA201
INSTRUCTOR: Gerald L. Schmaedick
Office, Business Admin. Bldg., Rm219
Office Hours: Tuesdays 2:00 – 3:30pm
Wednesdays 2:30 – 4:30pm
Thursdays 2:00 – 3:30pm
If these office hours are inconvenient, call for an appointment at any time! To
avoiding waiting, it is advisable to make an appointment whenever you plan to see
me.
Office telephone: 317-6416(direct, with voice mail)
Email: Gerald.Schmaedick@nau.edu
Website: http://www.cba.nau.edu/schmaedick-g/
PREREQUISITES: For undergrad credit: MGT 300, MKT 333, and FIN 311.
DESCRIPTION:
Explores the influences of financial, environmental, sociocultural, political, and economic forces on
management theory and practices of business management in the international arena. The course
will discuss management principles and practices in multinational enterprises as well as smaller
businesses operating internationally. The first half of the semester we will survey the eight
environmental forces that impact a business operating internationally. The affect of these on
management practices will be studied during the second half of the semester. The entire course will
draw on first hand observations of the operations of a large, locally-built company that operates
internationally from its headquarters in Yuma. Students will visit and do analyses of three of this
company’s facilities in the Yuma area.
COURSE OBJECTIVES:
The business world is increasingly international. Today all businesses have opportunities beyond
their national borders. Given Yuma's strategic position on the border with Mexico, even local
Yuma businesses have unique international opportunities. This course will survey the international
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business environment, taking advantage of the international character of our community. Since no
international business courses are considered prerequisite for this course, the first part of the course
will be dedicated to familiarizing the student with the important differences between the domestic
and international business environment. However, the majority of the semester will focus on
exploring how management practices must be adapted to these different circumstances. Whenever
possible the international operations of local businesses will be utilized as a "laboratory" in which
the students will experience the reality of international management. In addition to visiting
international businesses we will do case studies of international business problems, see videos with
international themes and make ample use of the Internet to provide virtual experiences wherever
possible.
Required TEXT:
"INTERNATIONAL BUSINESS: The Challenge of Global Competition", Donald A. Ball &
Wendell H. McCulloch, Jr., 9th ed., 2004, McGraw Hill Irwin, Boston, etc.
Text web site: http://www.mhhe.com/catalogs/0072866845.mhtml
405F04 Schedule
Class/date
1 – 9/2
2 – 9/9
3 – 9/16
Lecture
Topic, text
chapters
Intro to
Course &
syllabus
Chps. 1 & 2:
Globalization
& Foreign
Environmental
Forces
Chps. 3 & 4:
Why Trade?
What is the
role of
international
orgs?
Discovery #1
Tour
assignment
Tour Desert
Depot—4:00pm
Required
Reading, text
chapters
None
1 & 2
3 & 4
Assignment
Due
None
Email
QuizzesChps. 1 & 2
quizzes at
text internet
site and send
to instructor
via email.
Tour4:00PM!!
Email Quizzes
2
4 – 9/23
5 – 9/30
Chps. 5:
International
fin’l system,
currency
values, &
trade
Debrief Tour
Discovery #2
Video Fgn
Exchg
assignment
Chps. 6 & 7:
Exchange
rates,
inflation
impact on
int’l
business
5
Email Quiz
Discovery #1:
Desert Depot
Tour Answers
6 & 7
Email Quizzes
Discovery #2:
Video
“Telerate”,
Fgn Exchg
Mkts
Debrief “Fgn
Exchg Mkts”
6 – 10/7
Chps. 8 & 9:
Economic
variables and
the physical
environment
dictate
business
strategies.
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Email Quiz
9 & 10
Email Quizzes
Impact of
Culture.
7 – 10/14
Chp. 10 & 11:
Political &
Legal Forces
Discovery #3:
“Gung Ho”
Video
3
8 – 10/21
9 – 10/28
10 – 11/4
11 – 11/11
12 – 11/18
13 – 11/25
14 – 12/2
Chp. 12 & 13:
Labor &
Competitive
Forces
11 & 12
Discovery #3:
“Gung Ho”
Video
Debrief “Gung
Ho”
Midterm Exam
Distr.
Discovery #4:
Gowan Tour
Tour: Gowan
Mill and
Hqtrs– 4:00PM
Chps. 14 &
15:Strategy &
Analyzing
Mkts.
Debrief Gowan
Tour &
assignment
Chps. 16 &
17: Marketing
& Trade
Practices.
THANKSGIVING
Chps. 18 &
19:
Human
Resources
Mgt. & Fin’l
Mgt.
Email Quizzes
Midterm ExamChps. 1 to 11
13 & 14
15 & 16
Tour –
4:00PM
Email Quizzes
Email
Quizzes.
Discovery #4:
Gowan Tour
Management
Analysis
17 & 18
Email Quizzes
NO CLASS
19
Email Quiz
Distribute
Discovery #5:
Market
Analysis
4
15 – 12/9
16 – 12/16
Chp. 20:
Int’l Mgmt
today—
successfully
managing all
the forces to
produce a
profit!
20
Email Quiz
Discovery #5:
Market
Analysis
Preview of
Final
Final Exam
Prepare for
Final Exam:
Chps. 12- 20
The chapters to be read for each class are on the schedule above. IT IS ESSENTIAL THAT
THESE CHAPTERS BE READ AND THE EMAIL QUIZZES COMPLETED BEFORE
THE CLASS FOR WHICH THEY ARE ASSIGNED! This is a departure from the usual
"lecture first, read later" approach. You will be unable to do a good job on the cases and field
exercises unless you have read and carefully studied the assigned chapters and completed the email
quizzes. It will help you get more out of the lecture and the discussion with your classmates.
Equally important, reading each chapter carefully will enable you to easily complete the internet
quiz for each chapter as required (see below).
COURSE STRUCTURE AND APPROACH
This will be a participatory course. Learning is most fun and effective when we are involved and
actively participate. Sitting passively, listening to a lecture is boring and relatively ineffective as a
means of learning. In this class you will have a chance to get involved by doing FIVE “Discovery
Projects.” These are experiential exercises that give you a chance to experience real or “virtual”
international business situations.
DISCOVERY PROJECTS
These projects are described below. They will give you a chance to experience international
business going on in our own community. Detailed instruction on each project will be given in
class. There are FIVE Discovery Projects each worth up to 110 points for a total of 550 possible
points. THESE PROJECTS ARE THE HEART OF THE COURSE. They will be the most
challenging work that you must do. BE SURE TO ALLOW ENOUGH TIME TO PREPARE
THESE WELL. This will help you to learn the most important material covered in this course. It
will also insure that you earn the maximum possible points and result in a GOOD GRADE FOR
THE COURSE.
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405F04 Discovery Projects(each worth up to 110 points)
Topic
Chps, Due
focus Date
17
9/16 Tour,
9/23 –
Ans.
due
Project
2. International
Monetary System &
Financial Forces
5 & 6 9/30
3. Sociocultural
forces
9
10/21
View video to accompany our text,
Tape 2, segment #5 “Telerate.”on
Reserve in library, Answer
questions distributed by
instructor on 9/23. Due 9/30.
View video on reserve in library,
“Gung Ho” with Michael Keaton.
Prepare report on answers to
questions distributed by
instructor 10/14. Submit answers
and be prepared to discuss in
class, 10/21.
4. Global
Operations
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11/4Tour
11/11Ans.
Tour The Gowan Group Milling Plant
and Hqtrs., 11/4. Prepare answers
to instructor’s questions on
strategic management, due 11/11.
5. Market
Assessment
15 &
16
12/9
Exercise in Market Analysis as
described in Chapter 15.
Instructions to be distributed
12/2. Due 12/9.
1. Import & Export
Practices, Foreign
Trade Zones
Read text pp. 567 – 583. Tour
9/16, of Desert Depot &
Explanation of Foreign Trade Zone
(FTZ). Answer questions
distributed by instructor on 9/9
and submit answers in class 9/23.
INTERNET QUIZZES
There is a ton of material covered in the text! It is all valuable. To help you stay on top of this
material you will take an internet quiz on each chapter. These quizzes are found at the website
geared to this text. This “Online Learning Center” can be found at:
http://highered.mcgrawhill.com/sites/0072537973/information_center_view0/ These quizzes
can be taken “open book.” At the end of each quiz instructions are given on sending the results of
your quiz to your instructor. YOU WILL BE EXPECTED TO DO THESE EMAIL QUIZZES
ACCORDING TO THE SCHEDULE ABOVE AND SEND YOUR RESULTS TO THE
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INSTURCTOR VIA EMAIL. (See my email address above.) Each quiz is worth up to ten (10)
points. There will be 20 of these quizzes, totaling a POSSIBLE 200 POINTS. Careful reading of
each chapter and conscientious preparation of these quizzes should make it easy for you to earn all
200 POINTS. These quizzes must be taken and the results emailed to the instructor BEFORE THE
BEGINNING OF THE CLASS FOR WHICH THEY ARE ASSIGNED.
MIDTERM AND FINAL EXAMS
There will be a short, midterm exam on Oct. 28. There will be a normal final exam on the last day
of class, Dec. 16. The Midterm will be worth 100 points. You will be able to earn up to 150 for the
Final Exam.
SUMMARY OF POINTS
Discovery Projects: 5 @ 110 each = 550
Internet Quizzes: 20 @ 10 each = 200
Midterm Exam:
100
Final exam:
150
Total:
1000
EVALUATION METHODS
Your grade will be determined on a point system, 1000 points being a perfect score. Points will be
awarded as described above.
GRADE EQUIVALENTS
GRADE
A
B
C
D
F
POINTS ACHIEVED
900 - 1000
800 - 899
700 - 799
600 - 699
less than 600
MAKE-UP WORK
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Internet Quizzes must be completed and emailed to the instructor before the class for which they
are due. Study the schedule above carefully. No late quizzes will be accepted.
You will not be able to make up any of the Discovery Project assignments. These must be done
according to the schedule set out above. If you must be absent on the day an assignment is due,
you must advise the instructor in advance and submit your assignment before class or
otherwise (email is good!) deliver it by class time on the day it is due. No late assignments will
be accepted. The full 110 points will be lost! If you must miss the midterm or the final exam,
you must advise the instructor in advance. An alternative exam (essay) will be arranged for you at
the Testing Center.
CRITERIA FOR EVALUATION OF WRITTEN WORK (i.e., questions, answers, and
research reports)
1.
2.
3.
3.
4.
5.
6.
Thoroughness and creativity of research beyond the confines of the text book.
Clarity of presentation.
Soundness of argument and documentation. Effective use of research material.
Grammar, spelling and general professionalism and tidiness of presentation (all
written assignments must be typed).
Evidence of understanding of material presented, especially in solutions to
minicases and Internet exercises.
Observance of standard procedures for citing sources, etc. PLAGIARISM WILL
NOT BE TOLERATED. Failure to cite the source of referenced material is a
violation of professional ethics. It is a violation of University policy. Furthermore it
may be a violation of copyright or other intellectual property laws. Please see
suggestions below as well as attached excerpt from NAU Student Handbook.
Observance of deadlines. No written assignments or extra credit work will be
accepted after the class for which they are due!
In preparing the written reports, the STUDENTS MUST CITE EACH REFERENCE SOURCE
and give proper credit for an idea, quotation, or finding. Internet sources must be cited with all the
information needed to permit the reader to find and utilize the site. Failure to cite the source of
referenced material is a violation of professional ethics and NAU policy. Furthermore it may be a
violation of copyright or other intellectual property laws. Therefore, the instructor can not accept
material that contains plagiarism or lacks proper citations of material drawn from other sources.
Any reports failing to meet these standards will be returned without a grade and treated as
an assignment that was not submitted.
For guidance on proper citation of references, please see "Simon & Schuster Handbook for
Writers", 3rd. Edition, Chapter 33. You may follow the conventions of the Modern Language
Association (MLA) or the American Psychological Association (APA), both of which are explained
in this source. This is a standard text used at NAU and is available in the AWC/NAU library. See
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also the Arizona Western College Writing Guide, 2nd Ed., 1/95, available for $0.50 at the AWC
bookstore.
Cell Phones
The sudden ring of cell phones during class seriously distracts both students and the instructor.
Therefore, cells phones must be TURNED OFF during class. If you have a personal emergency,
speak to the instructor BEFORE CLASS BEGINS and he will make arrangement so you can have
the communications necessary without disturbing the class.
Attach:
Appendix G of NAU Student Handbook: Academic Dishonesty, and F:Classroom Civility
Statement
Northern Arizona University Policies
NAU/CBA Code of Conduct – 8-23-04
C:/405F04/syllabus
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