School Of Business Administration Syllabus Course Title Course Number Semester Instructor Office Phone Email Office Office Hours appointment. Web Site : International Business Trip : iMBA-792 : Spring 2015 : Dr. D.K. Malhotra : (215) 951-2813 : MalhotraD@philau.edu : 104 Tuttleman : 9:30 a.m. - 10:30 a.m. Monday and Wednesday or by Credits Course Type : 3.0 : 3-0-3 : http://faculty.philau.edu/MalhotraD Prerequisites: All iMBF Courses It is the students' responsibility to make certain that they have successfully completed these courses. If at any time during the semester it is learned that a student has not successfully completed these prerequisites, he/she will be dropped from the course receiving, neither credit nor tuition refund. Course Description: International Business trip is a three-credit graduate course that focuses on all aspects of conducting business in a global environment. This course will acquaint students with the theories, concepts, practices, and techniques in conducting business abroad. A strong emphasis is placed on the impact of cultural, ethical, political, and other environmental factors on global operations. An overseas trip is a required component of this course and will expose students to foreign cultures, a variety of industries and representatives of U.S. and non-U.S. businesses with different functional responsibilities (accountants, personnel managers, marketers, etc.). The international aspect is evident in social settings as well as the professional meetings with the firms and organizations visited during the trip. The trip is designed to provide students with an understanding of the economics of global trade. Students will meet with business executives, government officials, labor leaders, and academicians in two Asian countries. Course Objective: 1. The objectives of this graduate course include developing a familiarity with the fundamental concepts and theoretical bases of global business. The primary objective is for students to cultivate the capabilities necessary to apply these theories and concepts to actual situations and events. 2. Class discussions and readings will provide an understanding of the many factors that affect production, accounting, marketing, and financial responsibilities. It is expected that students will be able to adapt functional strategies to account for these constraints and opportunities. 3. Another major goal is that, upon completion of the course, students should understand the differences between domestic and global business, and why those differences exist. Many are under the impression that there are innumerable differences between foreign and domestic business practices. Expanding internationally does require adaptation, but it is important to understand that the same basic business practices apply globally. The tasks are broader, but not necessarily different. 4. Finally, to be a successful global manager, it is necessary to be adaptable and culturally sensitive. A goal is to expand cultural experience. Course Outcomes: Upon course completion, students will be able to: 1. Analyze the role of culture in International Business and explain the difference between domestic business and global business 2. Demonstrate an understanding of the functioning of foreign exchange markets and determination of exchange rates 3. Explain the opportunities and challenges in global manufacturing 4. Outline the process of identifying global opportunities 5. Demonstrate an understanding of the issues in International Marketing 6. Demonstrate an understanding of principles of international human resource management Overview of expectations for the course, including major assignments or projects: Assignments Weight Evaluates which Course Outcomes? Cases will count towards 30% of 30% your total grade and each case will be weighted equally towards your final grade (In class case discussion weightage 30%, case report 70%) Case 1 Outcome 1 Case 2 Outcome 2 Case 3 Outcome 3 Case 4 Outcome 4 Corporate Briefing Reports 15% Outcome 1, 2, 3, 4, 5, 6 Corporate Debriefing Reports 15% Outcomes 1, 2, 3, 4, 5, 6 International Business Trip 20% Outcomes 1, 2, 3, 4, 5, 6 Participation {Participation: Within the International Business Trip by asking questions at corporate visits 70% and Professional Behavior 30% weights) International Business Plan (Report 70%, Presentation 30%) 25% Outcomes 1, 2, 3, 4, 5, 6 Grade Distribution: Letter Grade A AB+ B BC+ C CF Grade Points 4.00 3.67 3.33 3.00 2.67 2.33 2.00 1.67 0.00 Percent Allocated 93% or higher 90% to < 93% 87% to < 90% 83% to < 87% 80% to <83% 77% to <80% 73% to <77% 70% to <73% <70% Required Text(s) and/or Supplies: Harvard Business Cases Additional Recommended Readings: The Wall Street Journal; Barron’s Paper; Corporate Finance Attendance: Attendance is mandatory. You are responsible for what is covered in the class and any absence on your part leaves you responsible for finding out what was presented in class. You will benefit a lot from the course by doing problems and reviewing concepts which are covered in the class. For every class that you miss without a valid excuse, there will be a penalty of two points from your final grade. Academic Integrity Academic integrity is a policy about ethical behavior at Philadelphia University regarding one’s intentions, decisions, and actions while conducting academic work. It includes values such as avoidance of the following: cheating; plagiarism; copying; the fabrication of information; and facilitating, or denying others access to information. It expects honesty and rigor in research, course work, writing and publishing. Academic Integrity is taken seriously in this course. Any student violating the University’s academic integrity policy will be subject to appropriate sanctions. The University’s complete academic integrity policy is available in the Academic Catalog and University’s Student Handbook. Academic resources, including information on citation and documentation for all written work, projects, and presentations, are also available on the Learning and Advising Center’s website: http://www.philau.edu/learning/writingguidelines.html. Policy on Lateness, Absences, Makeup Work In accordance with University policy, students are expected to attend class every day with all relevant required course materials and work. If you are absent from class, contact your faculty as soon as possible, preferably before the next class meeting. Students remain responsible for any missed work, for work completed in class and for work due and must arrange for that work to be delivered to the faculty on time. Serious illness, family emergencies, or other crises mean that students should contact the Dean of Students Office as soon as possible (215-951-2740) and follow up with a direct explanation to the faculty. Students are responsible for all work related to this class; however, faculty may (but are not required to) make some accommodation in terms of time of delivery and/or make-up exams for major tests. Please consult with your faculty and your academic advisor to determine whether you should withdraw from the course or request an incomplete grade in the case of serious illness or crises. Attendance: Attendance is mandatory. You are responsible for what is covered in the class and any absence on your part leaves you responsible for finding out what was presented in class. You will benefit a lot from the course by doing problems and reviewing concepts, which are covered in the class. Collection of Student Work for Assessment Philadelphia University is committed to providing excellent and innovative educational opportunities to its students. To help us maintain quality academic offerings and to conform to professional accreditation requirements where relevant, the University and its programs regularly examine the effectiveness of the curricula, teaching, services, and programs the University provides. As Philadelphia University sees appropriate, it may retain representative examples or copies of student work from all courses. This might include papers, exams, creative works, or portfolios developed and submitted in courses or to satisfy the requirements for degree programs as well as surveys, focus group information, and reflective exercises. Digital Resources This course is available on blackboard at http://bb.philau.edu Gutman Library (www.philau.edu/library) Gutman Library is a gateway to a variety of information resources. The homepage of the library provides 24/7 access to online databases of articles, e-journal collections, e-books, and specialized information to support your coursework. The library building is wireless, has 80 available workstations (PCs and Macs), printers, scanners, and copiers; as well as individual and group study spaces. The following databases available in the library will be useful in this course: ABI/Inform and Business Source Premier Wall Street Journal Wall Street Journal – Asia, Financial Times New York Times Students can also contact the Reference Desk directly Reference@philau.edu for more specialized help in identifying sources, or stop by the Reference Desk when the library is open. The Learning and Advising Center (www.philau.edu/learning) The Learning and Advising Center provides one-on-one tutoring assistance for writing, study strategies, test taking, and specific Philadelphia University courses*. To make a tutoring appointment, students should stop by the Learning and Advising Center in Haggar Hall or call (215) 951-2799. Academic resources, including information on citation and documentation, note taking, and study strategies are available on the Center’s website. Technology Resources (http://www.philau.edu/OIT/) The campus is wireless. If you need a computer, Gutman Library and Search Hall have open access computers. For assistance with technology issues, students should contact the Technology Help Desk at (215) 951-4648 or send an email to helpdesk@philau.edu. Case Reports: The cases should be presented in a manner acceptable in a large corporation. The decision as well as the qualitative and quantitative reasons for the decision should be communicated in a typed memo. The relevant information should follow the memo in table form with supporting notes showing calculations. Cases will be evaluated according to content, analysis, presentations, and continuity. If any two cases are identical, plagiarism will be assumed and no credit will be given to either case. CASE ASSIGNMENT REQUIREMENT: Case reports must be submitted as per the following format: 1. Title Page: Name of the Case Prepared by Course Number Date 2. Executive Summary One half to one page summary of the issues involved and the strategy and recommendations must be included. 3. An analysis of the case on the basis of the questions given at the end of the case. Your analysis of each question must include the following: 4. Issues Involved Strategies to deal with those issues Recommendations with rationale Length of Case Preparation: 4-5 pages 5. Papers are to be word-processed with correct grammar and punctuation. Information in the papers must be properly documented. Guideline: Consult other business communication books on business reports Tentative Course Outline: 01/20 Initial Briefing for the International Business Trip (From 06:30 pm – 09:30 pm) 01/27 Introduction to the course, course expectations, course Requirements Issues in International Business Globalization: Cross-Cultural Business Issues Cultural aspects of doing business Discussion of McDonald’s in India Readings: Power Point Notes The Case of McDonald’s in India 02/03 Globalization, International Business, and Europe Creation of EU Introduction to European Union (EU) Harvard Business Case: European Union: The Road to Lisbon 02/10 International Financial Markets Single Currency EURO Readings; Instructor’s reading material Power Point Notes Readings: Harvard Business Case: The Euro in Crisis: Decision Time at the European Central Bank 02/17 Global Operations Management and Sourcing Strategies including Supply Chain Management Readings; Instructor’s reading material Power Point Notes Readings: Harvard Business Case: Polo Ralph Lauren and Luen Thai: Using Collaborative Supply Chain Integration in the Apparel Value Chain 02/24 Analyzing International Opportunities: Issues in Foreign Direct Investment Harvard Business Case Corporate Briefing Reports Due through email. Please send a Word copy Harvard Business Case: SABMiller Readings; Instructor’s reading material Power Point Notes 03/03 Marketing Globally Readings; Instructor’s reading material Power Point Notes Readings: Harvard Business Case: Hyundai and Kia in China 03/10 Presentation of Corporate Briefing Reports 03/14 Leave for Madrid from Philadelphia International Airport 03/28 Corporate Debriefing Reports 04/28 Final Presentation of Business Plan