NDNU. BUS2335W-01.International Business. Spring 2016.Syllabus.Khatri. Notre Dame de Namur University BUS 2335W-01: International Business Course Syllabus-Spring 2016 M, W, F 8:00 AM – 8:50 AM Course Start Date: 1/13/2016 Prerequisites: BUS1108 Room: St. Mary’s Hall # 113 Instructor: Kiran Khatri Email: kkhatri@ndnu.edu Office Hours: M, W 9:00 – 10:00 AM or by appointment Course Description The course offers an overview of International Business. International finance and management, international trade, and international investments are considered within the framework of international economics and institutions in this course. It satisfies one unit of NDNU’s upper-division writing requirement as well as the C. Division Requirement. Learning Outcomes Upon successful completion of the course, a student will be able to: 1. Identify the need for and recognize the importance of international trade. (PLO#1) 2. Identify the main drivers of globalization and international business. (PLO # 2) 3. Understand and identify differences in the social, economic, political, cultural and legal environments across countries impacting international business. (PLO#5) 4. Assess how managers can deal with ethical dilemmas in an international setting. (PLO#5) 5. Understand the involvement and influence of governments in international trade. (PLO#1) 6. Understand the role and implications of foreign currencies in international business. (PLO#2) 7. Define the fundamentals of international business strategy. (PLO#1) 8. Recognize the risks associated with import & export. (PLO#1) 9. Identify challenges of international business with reference to investments, marketing and human resources. (PLO#1, 5) 10. Demonstrate detailed familiarity with the impact of the global economy and financial system on US business and organizations, with special attention to socio-economic and cultural differences among nations. (PLO#2) 11. Write an APA-style paper, from topic development to organization of a review of the literature, including the specific protocols of APA-style, e.g. proper citation, references, etc. Program Learning Outcomes for the Day Business Program PLO#1. Acquire and demonstrate analytical and problem solving skills within various disciplines of business—accounting, economics, finance, management and marketing. PLO#2. Learn to describe, discuss and analyze current events in American business with attention to the global, social and ethical dimensions of events. PLO#3. Acquire the communication, research and technological skills needed to analyze a business situation (problem and/or opportunity), and prepare and present a management report PLO#4. Engage in at least one internship or service learning experience to demonstrate relevancy of foundational and theoretical knowledge of their academic major and to gain career related experiences PLO#5. Develop critical thinking abilities and a foundation of ethical principles that allows them to work effectively, respectfully, ethically and professionally with people of diverse ethnic, cultural, gender and other backgrounds Page 1 of 5 NDNU. BUS2335W-01.International Business. Spring 2016.Syllabus.Khatri. Required Text: International Business; John Daniels, Lee Radebaugh, Daniel Sullivan, 15th edition. Prentice Hall, 2015 ISBN-10: 0-13-345723-0 ISBN-13: 978-0-13-345723-0 Additional student resources can be found at: http://www.mypearsonstore.com/bookstore/international-business-0133457230 This course draws heavily from contemporary developments and changes in global business environment and hence the following sources of news, views, data and information will prove to be extremely important for success of each student: International reports: World Development Report (WB) and other reports by ADB, IMF etc. Economy and business sections on daily or weekly publications such as the NY Times, Wall Street Journal, the Economist Websites: World Bank, IMF, ADB, EC, United Nations, UNDP, UNCTAD, OECD, Reserve/Central Banks, Federal Reserve Bank, The Economist, Economic Times, BBC, CNN, The New York Times etc. Business/economy programs on various TV channels; Bloomberg, CNN, CNBC, BBC etc. Coursework Details The coursework is spread across 20 chapters of the textbook. Beginning with the basics of how economic activities and trade spread across nations and throughout the globe, the course progresses to discuss various frameworks to analyze international business. Looking into the various international business theories and implications of foreign exchange, the course further focuses on managing various aspects of international business such as investments, marketing and challenges to human resource management and operations. This is a course that requires a student to constantly update him/herself about the current events in local and international business and hence will be highly interactive and participative in nature. Students are expected to participate in every way possible- bringing about examples, sharing their experiences, adding a point of view to class discussions, class presentation of a case or their term-paper. Participation grades will comprise of class-room participation and online-forum discussions as applicable. The course spans over 20 chapters. A test will be administered for every 4 chapters each during class hours. There will also be a comprehensive final exam that covers the entire syllabus. The score in the final exam will also replace the lowest unit-test score (if applicable). Students are expected to do pre-session reading to enhance and speed up their learning- the advantage of which is to help them grasp the concepts better and also to have more time to work on their case assignments and term-paper. Additional relevant materials will be referred to enrich student learning. Weekly assignments will be given to students. This will be individual work primarily designed to apply concepts learned in class and mostly revolving around materials that will add up to the Term-Paper. Regular attendance is of paramount importance and will also be rewarded with points added towards final grades. Students present or with excused absences only (supporting documentation mandatory) will be eligible for the attendance points for the session. The term-paper represents student’s ability to integrate and apply the ideas discussed in the class. The paper should be approximately 30 pages, Size 12 font, Times New Roman, 1-inch margins, with at least 15 references cited APA format in the bibliography. Your paper will be evaluated on the basis of substance (reflection, research, etc.), technical accuracy (spelling, grammar, etc.), and form (appearance, organization, etc.). Students will choose the topic and they will present the paper in the last week of the class. Page 2 of 5 NDNU. BUS2335W-01.International Business. Spring 2016.Syllabus.Khatri. More details on the selection and progress monitoring of term-paper will be provided in class. Assistance on the how to learn and apply the APA format will be provided by the Writing Center (contact: Marc Wolterbeek, email: mwolterbeek@ndnu.edu) Grading System The following grid will be used to grade your performance in class. Grading will be done on a continuous basis and will be shared with you so you know how you are faring in the course. Campus Portal and Moodle may be used for information sharing but continuous grade updates will not necessarily be uploaded to either site. Weights Grading Description Attendance Participation (in-class and forum discussion) Weekly Assignments Term-Paper (write-up & presentation) Unit Tests (5) Comprehensive Final Exam Total Notes 5% 15% 20% 25% 25% 10% 100% Online discussions on current IB topics will be initiated on Moodle. Grading based on participation and strength of arguments presented. Mini-cases may be assigned at times in-lieu of the weekly assignment. Case work will be done in groups of not more than 3. Term-Paper will be an individual submission. Grading will be mostly based on write-up. Our classes will be highly interactive. I encourage every student in the class to open up and come forward with her/his ideas and make the classes lively rather than the instructor having to lecture all the time. Details of graded assignments (cases, forum discussions, tests, term-paper) will be provided as the course progresses. Letter Grade Determination: Percentages 93-100 90-93 88-90 83-88 80-83 78-80 Grade A AB+ B BC+ Percentages 73-78 70-73 68-70 63-67 60-63 0-60 Grade C CD+ D DF Workload: In addition to class attendance, every class includes an estimated workload of six or more hours per week outside of the classroom. Distribution of Average Weekly Hours of Instruction/Study = Total of 9 Per Week Class contact hours: 3 Text readings and assignments: 3 Studying for tests: 1 Weekly work on term-paper: 2 Total Number of Hours per Course 135 Course Policies Attendance: Students are expected to maintain complete attendance and sign on an attendance roster each session. While students get points for attendance that adds up to final grades, all unexcused absences will lead to loss of attendance points. Coming in late to class will be marked as 'tardy'. Five tardies will result in one class absence. All excused absences will have to be communicated to the instructor in advance or at the earliest possible Page 3 of 5 NDNU. BUS2335W-01.International Business. Spring 2016.Syllabus.Khatri. supported by documentation and non-documented absences will be treated as unexcused absences. Students are responsible to cover materials missed in class due to any absence. The use of electronic devices are restricted in the class unless used for taking notes or reviewing PowerPoint Slides. Use of cellular phones is prohibited in class. Please access University web pages at: http://www.ndnu.edu/academics/catalog/undergraduate-policies/ for details on University policies and procedures. Important Dates and Other Information Please consult the syllabus attachment for additional relevant information. Specifically, please note that if you stop attending this course, you should officially withdraw from it as soon as possible to avoid receiving an unnecessary failing grade. You can find the University calendar at this link: http://www.ndnu.edu/academics/academic-calendar/2015-2016/ Students are responsible for meeting requirements of the syllabus calendar. Any confusion should be immediately discussed with the instructor. Any losses pertaining to lack of careful consideration of the calendar details will not be made up in any way. Academic Honesty NDNU is committed to the maintenance of the highest standards of integrity and ethical conduct of its members. The same level of ethical behavior and integrity will be maintained in this course. Participating in a behavior that violates academic integrity (e.g., plagiarism, cheating in examination, helping another person cheat, having unauthorized advance access to examinations, and fraudulently altering academic records) will result in your being sanctioned. Violations may subject you to disciplinary action including the following: receiving a failing grade on an assignment, examination or course. Please refer to the Student Handbook for more details. Learning and Other Disabilities: If you have a learning disability or other circumstance that requires accommodations in this class, you must bring it to the attention of Program for Academic Support and Services (PASS) to arrange for possible accommodations (650-508-3670). Please note that while every possible effort will be made to adhere to the course schedule, it is subject to change under unavoidable circumstances. Should there be a need for such adjustments; students will be notified adequately ahead of time. Also, there will be revision sessions in class prior to the mid-terms and final exam. Page 4 of 5 NDNU. BUS2335W-01.International Business. Spring 2016.Syllabus.Khatri. Tentative Class/Course Schedule BUS 2335W-01, Spring 2016 Mondays, Wednesdays, Fridays: 8:50 AM - 8:50 AM. St Mary’s Hall # 113 Week Day/Date 1 Wed: 1/13 Fri: 1/15 2 Mon: Off Wed: 1/20 Fri: 1/22 3 Mon: 1/25 Wed: 1/27 Fri: 1/29 4 5 Mon: 1/25 Wed: 1/27 Fri: 1/29 Mon: 2/1 Wed: 2/3 Fri: 2/5 6 Mon: 2/8 Wed: 2/10 Fri: 2/12 7 Mon: Off Wed: 2/17 Fri: 2/19 8 9 Mon: 2/22 Wed: 2/24 Fri: 2/26 Mon: 2/29 Wed: 3/2 Fri: 3/4 Topic/Session Highlights Introduction to the course, Syllabus Globalization and International Business- an Atlas Globalization and International Business- an Atlas The Cultural Environments Facing Business Text Book Chapter 1 Chapters 2, 3 Readiness for Unit-Test 1 The Cultural Environments Facing Business The Political and Legal Environments Facing Businesses The Economic Environments Facing Businesses International Trade and Factor-Mobility Theory Governmental Influence on Trade Cross-National Cooperation and Agreements Cross-National Cooperation and Agreements Global Foreign-Exchange Markets The Determination of Exchange Rates The Determination of Exchange Rates Global Capital Markets Globalization and Society The Strategy of International Business Chapters 11, 12 Readiness for Unit-Test 3 Country Evaluation and Selection Export and Import Chapters 13, 14 Chapters 1, 2 Chapters 4, 5 Chapters 6, 7 Chapters 7, 8, 9 Readiness for Unit-Test 2 Chapters 9, 10 SPRING BREAK 3/7 – 3/11 Export and Import Direct Investment and Collaborative Strategies The Organization of International Business The Organization of International Business Marketing Globally Chapters 14, 15, 16 Readiness for Unit-Test 4 Chapters 17, 18 Marketing Globally Global Manufacturing and Supply-Chain Management Global Manufacturing and Supply-Chain Management International Accounting and Finance Issues International Accounting and Finance Issues International Human Resource Management Mon: 4/11 Wed: 4/13 Fri: 4/15 Mon: 4/18 Wed: 4/20 Fri: 4/22 International Human Resource Management Draft submission of Term-Papers. Review Chapter 20 Any catching up remaining Term-Paper Presentations 17 Mon: 4/18 Wed: 4/20 Fri: 4/22 Term-Paper Presentations Course Review. Finals Preparations 18 05/02-05-06 10 Mon: 3/14 Wed: 3/16 Fri: 3/18 11 Mon: 3/21 Wed: 3/23 Fri: Off 12 Mon: 3/28 Wed: 3/30 Fri: 4/1 13 Mon: 4/4 Wed: 4/6 Fri: 4/8 14 Mon: 4/4 Wed: 4/6 Fri: 4/8 15 16 Final Exam Comprehensive (Time/Date- TBA) Page 5 of 5 Chapters 16, 17 Chapters 18, 19 Chapters 19, 20 Readiness for Unit-Test 5 Chapters 1 - 20