Classroom Syllabus SCHOOL OF MANAGEMENT MBA 510: Law and Economics for Global Business (3 Credit Hours) Effective: April 2009 Ricky W. Griffin and Michael W. (2005). International business: A managerial perspective . Upper Saddle River, NJ: Pearson Prentice-Hall. * Plan Write Expert Edition V.10 software, (2006) Macrovision Corporation. Purchase at www.brs- inc.com/edu if you have not already done so in a previous course. Whitaker, A. (2010). Research and APA style guide. Bratislava, Slovakia: City University of Seattle. Available online at http://www.vsm.sk/en/students/academic-support/ or for purchase in the CU Slovakia library. (Please note that the above mentioned software makes accommodation for certain information that is often volunteered or requested in dealings between business partners, including marital status and age. City U does not require such information be provided in any assignment for students to successfully complete the requirements of this, or any other, course.) * This software is also used in other MBA courses. Access to the Internet is required. All written assignments must be in Microsoft-Word-compatible formats. See the library’s APA Style Guide tutorial for a list of resources that can help you use APA style. Copyright 2008 by City University of Seattle All rights reserved. MBA 510: Law and Economics for Global Business Faculty Faculty Name: Assoc. Prof. Dr. Menbere Workie Tiruneh, Ph.D. Contact Information: mworkie@cityu.eu Course Description In this course you will study the legal and economic context of business. You will examine the global business environment from many aspects- legal, social, cultural, technological, ethical and economic. The focus will not be on a specific business, but rather concerns of all businesses operating in a global marketplace. Prerequisite: MBA 500, MBA 505. Course Resources Required and recommended resources to complete coursework and assignments are listed on the My.CityU portal at Library>Resources by Course. CITYU Learning Goals The content of this course addresses the following CityU Learning Goals: Professional Competency Professional Identity Strong Communication and Interpersonal Skills Critical Thinking Commitment to Ethical Practice and Service Lifelong Learning Program Context This course contributes to the following end-of-program outcomes: Communicate effectively both orally and in writing with internal and external stakeholders; Lead individuals and organizations to achieve business missions and goals in a global environment; Build, lead and participate in productive and diverse teams; Use people skills to manage diverse work environments and navigate organizational politics; Capitalize on business opportunities in a rapidly changing environment by thinking critically and applying quantitative procedures and tools; MBA 510 Page 210 Eff: 11/09 Recognize when information is needed; find, evaluate and use it to support continuous professional and organizational development. Course Outcomes After completing this course, you will be able to: Conduct an environmental scan to include business sector, industry, country (governmental, social, cultural), and technology; Assess the external environment to make business decisions; Identify trends to conduct strategic planning; Evaluate the legal risks and ethical challenges found in a broad range of business situations. Core Concepts, Knowledge, and Skills The course will cover the following concepts and topics: Industry descriptions; Trend analysis; Economic cycles; Social/ cultural context of business; Political/ regulatory issues; Legal environment; Financial markets; GDP, inflation; Market structures; Supply and distribution channels in industry. Overview of Course Grading The grade you receive for the course will be derived using City University of Seattle’s decimal grading system, based on the following: Overview of Required Assignments % of Final Grade Business Plan Proposal Company Description Industry Analysis and Trends Country Report Final Exam Article presentation 10% 15% 15% 20% 20% 20% TOTAL 100% Specifics of Course Assignments MBA 510 Page 310 Eff: 11/09 Your instructor will provide grading rubrics that will provide more detail as to how this assignment will be graded. Readings There are required readings for each session. Business Plan Assignments There are four assignments based on your Business Plan. Part 1. Business Plan Proposal The Business Plan Proposal will identify the basic core elements of the Business Plan. Those elements include identifying the basic deliverable, relevant market, potential clients, support requirements and, finally, the target audience of their plan. This proposal is the students own thoughts and is designed to measure the student’s ability to conceptualize their business. Components % Grade Identify your deliverable Identify your domestic and international market (choosing a single additional country) Identify customers and what motivates them to your deliverable Identify the target audience of your Business Plan (e.g.: potential partners, shareholders, venture capitalists, bankers) Proper grammar, spelling, syntax, and punctuation 20% TOTAL 100% 25% 25% 20% 10% Part 2. Company Description Using the Plan Write software program and competing the Interview section you will prepare a company description for your business which should include but not be limited to the company’s mission statement, services, development to date, legal form, and status of the business and ownership. Components % Grade Company name, trademarks, internet domain name Legal status and ownership Product and services Mission Management Facilities and location Financial status Timeline and milestones Proper grammar, spelling, syntax, and punctuation 10% 10% 15% 20% 10% 10% 10% 10% 5% MBA 510 Page 410 Eff: 11/09 TOTAL 100% 3. Industry Analysis and Trends Using the Plan Write software program and competing the Narration section Interview section you will prepare an industry analysis and trends. Components % Grade Identifies the companies who offer products/services that are substitutes for your organization’s products Demonstrate an understanding of the characteristics of the specified economic sector and it’s sensitivity to business cycle fluctuations Demonstrate an understanding of the various phases in the industry life cycle and trends Described an understanding of long term opportunities Grammar, spelling, syntax, and punctuation APA referencing and format TOTAL 25% 20% 20% 25% 5% 5% 100% Part 4. Country Report As part of the Business Plan, you will write a country report evaluating the risks and opportunities of taking your business international. Components % Grade Discuss the advantages and opportunities of expansion 30% Discuss several methods for entering an international market (exporting, licensing, franchising, joint venture, or wholly owned subsidiary) and the 20% risks of the one selected 20% Identify the legal and economic issues of the target country Provide general time lines for going global Grammar, spelling, syntax, and punctuation APA referencing/format 20% 5% 5% TOTAL 100% Discussion Questions Online classes are required to use the Discussion Board. It is not required for in class formats. MBA 510 Page 510 Eff: 11/09 Components % Grade Meets requirements of the activity in a timely manner Adds insightful or new ideas, comments, or questions relevant to the activity and/or other students’ posts Appropriate references readings, materials in course sessions and other postings Writes clearly, concisely, and grammatically 25% TOTAL 100% 25% 25% 25% Final Exam Instructors will determine the content and format of the exam. Component % Grade Clear demonstration of grasp of major issues Valid arguments; appropriate supportive detail Appropriate analysis, evaluation, and synthesis Demonstrated ability to employ terms and concepts from course Proper grammar, spelling, syntax, and punctuation TOTAL 20% 20% 20% 20% 20% 100% ARTICLE PRESENTATION The primary objective of the article presentation is to get students involved in the teaching-learning process and make them feel that they are part of the class. Moreover, this should give them the chance to demonstrate and improve their skills of presentation. The task, in this spirit, is simply to choose an up-todate article that is related to international business and present that in the class. Each presentation will last 10 – 12 minutes followed by a few minutes of discussions. All presentations should be power point and should be sent to the instructor by e-mail a minimum of two days before the date of the presentation. Evaluation is based mainly on the following points: Clear presentation of the problem under consideration Clear presentation of the objective of the article Clear presentation of the methodologies used in the article Logical organization and timing Relevance of own opinion to the paper presented Total 100% MBA 510 Page 610 Eff: 11/09 20% 30% 30% 10% 10% TOTAL 100% Course Policies This document provides an overview of the course foundation elements, assignments, schedules, and activities. For information about general, City University of Seattle policies, please see the City University of Seattle catalog. If you have additional questions about the course, please contact your instructor. Late Assignments Students are expected to meet submission requirements for assignments in a timely manner. Evaluation includes an assessment of timeliness. Late assignments jeopardize your learning, and may also penalize your classmates as most assignments will not be returned to students until all students have submitted their work. Late submission of assignments may be penalized up to 50% of the grade per week. Your instructor will provide additional details. Quizzes, exams, and comprehensive assessments must be taken at the scheduled times. Any absences or late submissions must be approved by your instructor before the scheduled assessment date. Not completing a quiz, exam, or comprehensive assessment in a timely manner will result in a grade of zero unless a student has been preapproved by the instructor to complete the assessment at an alternative time. Participation Whether in class, online, or in a mixed mode setting, students will be graded on their participation in classroom discussions; their ability to present, explain, or defend alternative viewpoints; and the degree to which they have mastered the concepts and principles addressed in this course. Written work will be assessed not only on relevance to the subject presented, but also on adherence to good written form and professional presentation. Students are expected to be actively engaged in all discussions as well as other activities. Active engagement means contributing substantive, thoughtful and reflective responses. For online classes, students must post their initial responses during the first three days of the week, and their responses to other students’ postings during the last four days of the week. Professional Writing Assignments require error-free writing that uses standard English conventions and logical flow of organization to address topics clearly, completely, and concisely. CityU requires the use of APA style. University Policies You are responsible for understanding and adhering to all of City University of Seattle’s academic policies. The most current versions of these policies can be found in the University Catalog that is linked from the CityU Web site. MBA 510 Page 710 Eff: 11/09 Scholastic Honesty City University of Seattle expects each student to do his/her own work. The University has "zero tolerance" for cheating, plagiarism, unauthorized collaboration on assignments and papers, using "notes" during exams, submitting someone else's work as one's own, submitting work previously submitted for another course, or facilitating acts of academic dishonesty by others. Scholastic Honesty policy applies also to online discussions that represent a part of assignments in online courses. You should cite all the information. Every reference material used in discussion contributions must be cited according to the current Research & APA Style Guide. The penalties are severe! A first offense results in a zero grade for the course and suspension for one quarter; a second offense can result in a zero grade for the course and suspension for two or more quarters; a third offense can result in expulsion from the University. The Policy and Procedures may be found http://www.vsm.sk/en/students/scholastic-honesty/policies-andprocedures/ . In addition to providing your work to the instructor for grading, you must also submit an electronic copy for the City University of Seattle archives (unless the work is specifically exempted by the instructor). You will not receive a grade for particular work until and unless you submit this electronic copy. The procedure for submitting work to the archives is to upload it via the website http://www.vsm.sk/en/students/on-line-center/uploader/uploader.html . Files should include the cover page of the work with the student name, instructor name, course name and number, and date. File names should indicate the type of assignment, such as “researchpaper.doc”, “casestudy.doc” or “ thesis.doc” (student name should not be a part of the file name because the system adds it). All files received into the archives are submitted to www.TurnItIn.com for plagiarism checking. Attendance Students taking courses in any format at the University are expected to be diligent in their studies and to attend class regularly. Regular class attendance is important in achieving learning outcomes in the course and may be a valid consideration in determining the final grade. For classes where a physical presence is required, a student has attended if s/he is present at any time during the class session. For online classes, a student has attended if s/he has posted or submitted an assignment. A complete copy of this policy can be found in the University Catalog in the section titled Attendance Policy for Mixed Mode, Online and Correspondence Courses. Support Services Disability Resources If you are a student with a disability and you require an accommodation, please contact the Disability Resource Office as soon as possible. For additional information, please see the section in the University Catalog titled Students with Special Needs under Student Rights & Responsibilities. MBA 510 Page 810 Eff: 11/09 Library Services In order to help you succeed in this course, you have access to library services and resources 24 hours a day, seven days a week. CityU librarians can help you formulate search strategies and locate materials that are relevant to your coursework. For help, contact a CityU librarian through the Ask a Librarian service. To find library resources, click on the Library link in the My.CityU portal. Smarthinking As a CityU student, you have access to 10 free hours of online tutoring offered through Smarthinking, including writing support, from certified tutors 24 hours a day, seven days a week. Contact CityU’s Student Support Center at info@cityu.edu to request your user name and password. COURSE SCHEDULE COURSE SESSION/D MODULE(S), TOPICS AND ASSIGNMENTS READINGS (CHAPTERS) ATE 1. Oct. 21, 2009 2. Oct. 22, 2009 Introduction: An Overview of International Business Griffin, Pustay (1) Global Marketplaces and Business Centers Griffin, Pustay (2) Legal, Technological, and Political Forces Griffin, Pustay (3) The Role of Culture Griffin, Pustay ( 4) Ethics and Social Responsibility in International Business Griffin, Pustay (5) International Trade and Investment Theory Griffin, Pustay (6) MBA 510 Page 910 Eff: 11/09 3. Oct. 28, 2009 The International Monetary System and the Balance of Payments. Griffin, Pustay (7) Foreign Exchange and International Financial Markets Griffin, Pustay (8) DUE: Business Plan Assignment - Part 1: Business Plan Proposal 4. Oct. 29, 2009 Formation of International Trade Policies Griffin, Pustay (9) International Cooperation Among Nations Griffin, Pustay (10) International Strategic Management Griffin, Pustay (11) Strategies for Analysing and Entering Foreign 5. Dec. 13, 2009 Markets International Strategic Alliance International Organization Design and Control DUE: Business Plan Assignment – Part 2: Company Description (complete Plan Write software “Interview”) DUE: Topics for presentations Griffin, Pustay (12) Leadership and Employee Behavior in International 6. Dec. 14, 2009 Business Griffin, Pustay (15) Griffin, Pustay (13) Griffin, Pustay (14) Griffin, Pustay (16) International Marketing Griffin, Pustay (17) International Financial Management 7. December 18, 2009 DUE: Business Plan Assignment – Part 3: Industry Analysis and Trends (complete Plan Write software “Narration”) DUE: Business Plan Assignment – Part 4: Country Report DUE: Final Exam MBA 510 Page 1010 Eff: 11/09