MGMT 630: Business Environment
Fall 2013
1. Course Details
Semester:
Course Code:
Course Name:
Course Prerequisites:
Course Co-requisites:
Credit Hours:
Classroom:
Class Timing:
MGMT 630
Business Environment
None
None
One and one-half (1.5) credit hours
(15.25 class hours + 2 hours final exam period
Final Exam Period:
2. Instructor Details
Professor: Dr. Stephen W. Hartman
Office Location: Rm. 312, Wisser Library, Old Westbury, NY
Office Hours: M&W 1-2:00 PM
Email: shartman@nyit.edu
Course Website: iris.nyit.edu/~shartman
Phone (Office): 516-686-7691
3. Catalog Course Description
A managerial analysis of the complex enterprise interrelationships arising between legal and governmental regulation, ethical, economic, political, societal, technological, and physical issues characterizing a highly dynamic global business environment.
4. Course Overview
Today’s managers are challenged by an extremely complex and rapidly changing business environment. The course will consist of three modules that include: a. An introduction to the types of government regulation on industries (GRI):
This module will examine governmental regulatory law. Lectures will illustrate the evolution of governmental regulatory law by industry sector.
Student teams will examine the components of a national regulatory system and assess its impact on the local business societal environment. A short written report is required. b. Ecommerce (EC): This module will examine the role of ecommerce in the global business environment. Ecommerce plays an essential role In a rapidly expanding Internet global business environment. The issue will be
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examined by discussing current developments. Lectures will include an examination of the tools and components of ecommerce as well as its challenges. An individual student business plan using ecommerce will be required. c. Global, ethical, political, physical, societal (GEPPS): This module will describe and analyze the role these elements play in a nation’s business environment. Th e method used will be to compare the United States’ business environment with that of China’s. Class discussion will be a comparison of these elements in their respective business environments.
Students will be required to complete a brief paper analyzing the two national business environments.
The class also includes a final examination based on referenced readings.
5. Course-Level Learning Goals
(A) Invariant Learning Goals (In support of the MBA Programmatic learning
Goal(s):
1. Examine the components of a national regulatory (legal) system and assess its impact on the local environment. (A1)
2. Compare and evaluate the political and economic outcomes of the American and Chinese environmental business models. (A3)
Assurance of Learning Validations (Linked to the MBA Programmatic Learning
Goal(s))
A1. GRI Team Project: Each student team must analyze the domestic financial industry along with the existing government/legal regulations and determine if more or less regulation is necessary. Specify what changes should be developed. How will the changed regulations affect the current financial environment, and are they feasible in the local legal/political environment?
Should there be changes in current enforcement as well? How should this be done? What impact will this have on financial managers and the economy? The student team will submit a written report at the end of the term, including a detailed analysis supported by written documentation. The report should be between 6 and 12 pages, and demonstrate a major effort to be as professional as possible. The report will be graded not only on the basis of the written presentation of the scenario, but also on the basis of the writing style and how well the team has crafted the entire report. EACH
STUDENT MUST IDENTIFY IN THE FINAL REPORT THEIR RESPECTIVE
CONTRIBUTION OR CONTRIBUTIONS . See Financial Reform
Documents . Paper and Presentations December 9, 2013.
For the purpose of assurance of learning the GRI Team Project will receive 3 scores, based on:
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Score 1: The quality of the financial criteria chosen, their validated relevance to the problem, the appropriateness of the analysis and feasibility of the recommended public policy solutions. (Finance)
Score 2: Appropriateness of measures of the recommended public policy impact on the financial / business sector. (MBA- 2M)
Score 3: The managerial implications of the recommendations relevant to existing practices. (Management)
A2. EC Business Plan: Each student team must choose an industry business model for which it will develop a business plan. What is your Operation’s
Plan? What products or services will you market, and what will the website feature? How will this site actually operate? How will this be different from the completion? Be comprehensive. What is your Financial Plan? The
Financial Plan should include a statement of the financial assumptions used to generate the plan numbers, a break-even analysis that identifies the amount of sales needed to cover fixed and variable expenses, a statement of the sources and uses of funds that explains how the e-business expects to secure capital and how it will spend it, the ownership of the e-business, and what the expected return on the business is. Prepare an Issues analysis and critical risk statement that identifies threats and opportunities the e-business will face including economic, market and environmental considerations.
What unique features will your webpage have that will assure the effective implementation of the business model? Paper and Presentations
November 25, 2013
For the purpose of assurance of learning the EC Team Project will receive 3 scores based on:
Score 1: Significance of the individual contribution to the Team Project. (A3)
Score 2: The clarity of the financial plan in terms of its ability to link the projections and breakeven analysis to the business model’s operations. (A1)
Score 3: The strength of the business environmental issues analysis and its threats and opportunities. (2M)
Score 4: The webpage features that will assure the effectiveness of the business plan. (1M)
A3. GEPPS Research Project: Each individual student will prepare an individual research paper that compares and contrasts the American and
Chinese economies in terms of using global, ethical, political, physical, and societal indicators. Does the size and growth of the economies of the two nations have any relationship to capitalism and democracy? What is the impact of the Internet on the two national economies? How do these nations define capitalism in relation to national political policies? Is there a relationship between economic growth and personal freedom with the two nations? Please use this link for your sources: China Documents
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Paper and Presentations December 2, 2013
For the purpose of assurance of learning the GEPPS Research Project will receive 5 scores based on:
Score 1: The ability of the student to conceptualize and describe the two national approaches to capitalism (MBA-3M);
Score 2: The appropriateness of choice for societal indicators, and correct metrics used to measure the American and Chinese economies (MBA-2M);
Score 3: A comparison of differentials in best-practice approaches to economic development for the two nations, linkages to ethical schools of thought and a rationale to support each position (MBA-2G); and
Score 4: The ability of the student to describe the relationship between economic growth and personal freedom in the two nations (MBA-3M).
6. Teaching and Learning Methodology
In this course the graduate business students will be challenged to create a systematic framework of analysis for enabling creative thinking in terms of understanding the dynamics of modern business and government. This course is primarily Socratic in teaching style and relies on applications that are brought forward by both the instructor and the students.
The GRI team project requires interactive dialog in determining criteria for inclusion and additional student input; the end result of each GRI project is also discussed by each team (time permitting) at the end of the semester with oral reflection from the team and the class. The EC Business Plan and the GEPPS
Research Project are individual student efforts and will be submitted for evaluation and grading.
The course is primarily an issues analysis course. Readings will be assigned weekly. There will be a final exam at the end of the course.
7. Textbooks and Primary Sources:
Sherman and Clayton Antitrust Act 1890 & 1914: http://www.justice.gov/atr/public/divisionmanual/chapter2.pdf
Robinson Patman Act 1936: http://www.law.cornell.edu/uscode/text/15/13
LI, Charlene, and Bernoff, Josh. Groundswell, Expanded and Revised
Edition: Winning in a World Transformed by Social Technologies.
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Purchase at: http://www.amazon.com/Groundswell-Expanded-Revised-
Transformed-Technologies/dp/1422161986 . It is a $10 book.
Independent Regulatory Agencies and Government Corporations: http://www.usa.gov/Agencies/Federal/Independent.shtml
Modernizing the American Financial Regulatory System
Bergsten, C. Fred, Charles Freeman, Nicholas R. lardy, Derek J. Mitchell.
China’s Rise Challenges and Opportunities . Washington, DC: Peterson
Institute for International Economics, Center for Strategic and International
Studies. October, 2009.
8. Reference Sources:
Regulations and Financial Reform:
Addressing the Need for Comprehensive Regulatory Reform
Modernizing the American Financial Regulatory System
Credit Rating Agencies and the Financial Crisis
Sherman and Clayton Antitrust Act 1890 & 1914: http://www.ourdocuments.gov/doc.php?doc=51
Robinson Patman Act 1936: http://www.law.cornell.edu/uscode/text/15/13
Interstate Commerce Act 1877: http://www.ourdocuments.gov/doc.php?flash=true&doc=49
Federal Trade Commission 1934: http://www.ftc.gov/ogc/stat1.shtm
Independent Regulatory Agencies and Government Corporations: http://www.usa.gov/Agencies/Federal/Independent.shtml
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Ecommerce
LI, Charlene, and Bernoff, Josh. Groundswell, Expanded and Revised
Edition: Winning in a World Transformed by Social Technologies.
Purchase at: http://www.amazon.com/Groundswell-Expanded-Revised-
Transformed-Technologies/dp/1422161986 . It is a $10 book.
The Role of Standards in the Growth of Global Electronic Commerce
Chinese Bibliography:
Bergsten, C. Fred et.al
.,
China’s Rise Challenges and Opportunities
,
Washington, D.C.: Peterson Institute for International Economics, Center for
Strategic and International Studies. 2009. ISBN: 978-0-88132-434-1. http://books.google.com/books?id=MvNdXep_GI8C&printsec=frontcover&dq=ch inese+business+environment&source=bl&ots=e71ziSX0fU&sig=260zO1Fd9
KhjhCsT2CUU9VfEir8&hl=en&ei=KtNgS-HAJMl8QbQ49WcDA&sa=X&oi=book_result&ct=result&resnum=8&ved=0CCUQ6
AEwBw#v=onepage&q=&f=true
Inside Chinese Business
CODES OF CONDUCT: U.S. CORPORATE COMPLIANCE PROGRAMS AND
WORKING CONDITIONS IN CHINESE FACTORIEs
Bruce Einhorn, “Google And China: A Win For Liberty--And Strategy ,” Business
Week (January 25, 2010), p. 35. NYIT Library, Online.
9. Assessment Methodology and Grading Guidelines
Instrument Points (i.e. weights)
Final Exam
GRI Team Project (See A1)
EC Business Plan
GEPPS Research Project (See A3)
Student Participation (Articles)
Total
30 points
20 points
20 points
20 points
10 points
100 points
10, Grading Guidelines: The final grade for the course will be calculated using the NYIT approved graduate grade scale:
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GRADING
90-100 = A
86-89 = B+
80-85 = B
76-79 = C+
70-75 = C
0-69 = F
11. Attendance Policy: Regular, punctual and full class attendance is
extremely important.
A. Absences
Students should attend all class sessions, but sometimes absences may be unavoidable. An absence may be either excused or unexcused.
Excused absences will be permitted only if the student (1) submits a doctor’s note, or (2) has a note from the Dean of Student Affairs or other university administrator, or (3) has obtained prior permission from the professor to miss a specific class period.
Students who have more than two unexcused absences in the regularly scheduled meetings of the course will be deemed to have withdrawn from the class, and the Registrar will send the student a letter stating that he or she will automatically be issued a
“WF” grade at the end of the academic term.
Students who have received a letter from the Registrar informing them that they have earned a “WF” grade due to excessive unexcused absences have the right of appeal through the Dean of Student Affairs and/or the Campus Dean. The professor is not authorized to change this “WF” grade without formal direction from the Campus Dean upon advice of the Dean of Student Affairs.
Students should be punctual in their attendance of class. At the professor’s discretion, a student arriving more than thirty (30) minutes late MAY be refused admission to the class; but, whether admitted or not, the student WILL be marked as an “Unexcused Absence” from that class session. A student will be marked as a “Late Arrival if they arrive more than ten (10) minutes after the start of the class period, but less than thirty (30) minutes after the start of that class period.
B. Policy for Make-Up Assignments or Quizzes:
Quizzes may be missed with permission of the course instructor or by presenting (1) a doctor’s note or (2) a note from the Dean of Student
Affairs or other university administrator authorizing the make-up of the missed assignment or quiz.
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12. Assignments:
All of your assignments are due at the beginning of the class period shown on the class schedule unless the instructor decides otherwise. Unexcused late submissions will incur a penalty of ten percent (10%) of the total possible grade for EACH DAY that the submission is late.
Class Participation: Students are required to bring to each one article relating to any area of the global environment of business including one half page written summary of the article. The article and summary will be handed in at the BEGINNING of the class. The instructor will select those articles that appear to have the most significance and ask the student to give a short summary of the article including what he or she learned from it. NO ARTICLES WILL BE ACCEPTED AT THE END
OF THE CLASS!! Students who do not submit any articles will lose
10 points on their final average. Students who submit only a few articles will have one point deducted from their final average for every article not submitted. Articles not submitted during the semester will be rejected if submitted on the last or next to last classes. The purpose of this assignment is to have students participate in the class
– not at the end of the class or semester!!
13. Mobile Phones:
Please either turn off or switch to vibrate all mobile phones before the class period begins. If you MUST take a phone call during the class period, please step out of the class to do so and then quickly return.
14. Students with Physical or Educational Challenges:
Students who physical or educational challenges entitle them to extra time and /or special arrangements for examinations should contact the professor at the beginning of the academic term, presenting any medical documentation that may be request.
15. Academic Integrity and Plagiarism Policies:
Each student enrolled in a course at NYIT agrees that, by taking such course, he or she consents to the submission of all required papers for textual similarity review to any commercial service engaged by NYIT to detect plagiarism. Each student also agrees that all papers submitted to any such service may be included as source documents in the service’s database, solely for the purpose of detecting plagiarism of such papers.
Plagiarism is the appropriation of all or part of someone else’s works
(such as but not limited to writing, coding, programs, images, etc.) and
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offering it as one’s own. Cheating is using false pretenses, tricks, devices, artifices or deception to obtain credit on an examination or in a college course. If a faculty member determines that a student has committed academic dishonesty by plagiarism, cheating or in any other manner, the faculty has the academic right to 1) fail the student for the paper, assignment, project and/or exam, and/or 2) fail the student for the course and/or 3) bring the student up on disciplinary charges, pursuant to Article VI, Academic Conduct Proceedings, of the Student Code of
Conduct. The complete Academic Integrity Policy may be found on various NYIT WebPages, including: http://www.nyit.edu/about/administration/academic_affairs/academics/re sources_faculty.html
16. Library:
All students can access the NYIT virtual library from both on and off campus at www.nyit.edu/library . The same login you use to access
NYIT email and NYITConnect will also give you access to the library’s resources from off campus.
On the left side of the library’s home page, you will find the “Library
Catal og” and the “Find Journals” sections. In the middle of the home page you will find “Research Guides;” select “Video Tutorials” to find information on using the library’s resources and doing research.
17. 8 Week Class Schedule
Week
9/9/13
Topic
Federal Regulatory Acts
Readings
ICC,
Clayton
Sherman
Act,
Act,
FTC,
Independent Regulatory
9/16/13
Federal Regulatory Acts
Agencies
ICC, Sherman Act,
Clayton Act, FTC,
Independent Regulatory
Agencies
9/23/13 Federal Regulatory Acts
9/30/13 Regulating the American
Financial System
ICC, Sherman Act,
Clayton Act, FTC,
Independent Regulatory
Agencies
Modernizing the
American Financial
Regulatory System
10/7/13 Regulating the American
Modernizing the
American Financial
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10/14/13
10/21/13
10/28/13
11/4/13
11/11/13
11/18/13
11/25/13
12/2/13
12/9/13
12/16/13
Financial System
Regulating the American
Financial System
Ecommerce
Ecommerce
Ecommerce
American & Chinese
Economies
American & Chinese
Economies
American & Chinese
Economies
A2 Paper and Presentations
A3 Paper and Presentations
A1 Paper and Presentations
Final Exam
Regulatory System
Modernizing the
American Financial
Regulatory System
Charlene Li, Chapters 1-
7
Charlene, Chapter 9-14
Charlene Li, Chapters 1-
7
Charlene, Chapter 9-14
Charlene Li, Chapters 1-
7
Charlene, Chapter 9-14
Bergsten, C. Fred, et. al ., China’s Rise
Challenges and
Opportunities .
Bergsten, C. Fred, et. al .,
China’s Rise
Challenges and
Opportunities .
Bergsten, C. Fred, et. al ., China’s Rise
Challenges and
Opportunities .
Additional Bibliographic Resources
China
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Washington:
Institute for International Economics. 2005.
Bush III, Richard C. Untying the Knot: Making Peace in the Taiwan Strait.
Washington:
Brookings Institution Press. 2005.
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Cooper Ramo, Hoshua. The Beijing Consensus.
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