University College of the Cayman Islands FALL 2011—Syllabus Course: MKT 406-1 International Marketing and Business Instructor: Dr. J.D. Mosley-Matchett E-mail: Telephone: jmosley-matchett@ucci.edu.ky 623-8224 Office Hours: M through Th M through Th 4:30 – 5:50 p.m. Upon request, after 9:00 p.m. COURSE DESCRIPTION This course examines how companies adapt their business strategies and marketing mixes for international markets. It intends to stimulate curiosity about management practices of companies, large and small, seeking market opportunities outside the home country and to raise the reader's consciousness about the importance of viewing international marketing and management strategies from a global perspective. Credits: 3 Prerequisite: MKT 300 COURSE OBJECTIVES At the end of the course, students should be able to: 1. 2. 3. 4. 5. 6. Have a better understanding of the environment, problems and practices of the international business arena. Identify and analyse the important cultural and environmental uniqueness of different nations or global regions. Examine global trends and impact on businesses worldwide Assess how economic, political and social changes have altered the way global businesses perform. Evaluate the strategic implications of competition in different country markets. Understand planning and analysis in an international context. REQUIRED TEXT Daniels, Radebaugh & Sullivan, International Business: Environments and Operations, Pearson / Prentice Hall, 13th ed., 2011 COURSE OUTLINE Part 1. Background for in International Business 1. Part 2. The Environment of International Business 2. 3. 4. 5. Part 3. Global Foreign-Exchange Markets The Determination of Exchange Rates Global Strategy, Structure, and Implementation 11. 12. 13. 14. 15. Part 6. International Trade and Factor-Mobility Theory Government Influence on Trade Cross-National Cooperation and Agreements World Financial Environment 9. 10. Part 5. The Cultural Environments Facing Business The Political and Legal Environments Facing Business The Economic Environments Facing Businesses Globalization and Society Theories and Institutions: Trade and Investment 6. 7. 8. Part 4. Globalization and International Business The Strategy of International Business Country Evaluation and Selection Export and Import Strategies Direct Investment and Collaborative Strategies The Organization of International Business Managing International Operations 16. 17. 18. 19. 20. Marketing Globally Global Manufacturing and Supply Chain Management International Accounting Issues The Multinational Finance Function Human Resource Management ASSESSMENT Course Work Group Project Midterm Final 30% 20% 20% 30%