UNIVERSIDAD DE ESPECIALIDADES ESPÍRITU SANTO FACULTAD DE ESTUDIOS INTERNACIONALES SYLLABUS FOR DAC 11 VER 19 05 08 COURSE: Special Topics in International Business CODE UGER 495 FACULTY: Natalie Mikhaylov CRÉDITS: 3 UEES (SNCC 4.8) CONTACT HOURS: 48 NON-CONTACT 96 YEAR: 2009 PERIOD: Spring 1 DAYS Mon, Tue, Wed and Thu SCHEDULE: 18.45 – 20.30 ROOM: G-223 SYLLABUS DATE: Feb, 2009 1. COURSE DESCRIPTION 2. JUSTIFICATION The course provides students with an opportunity to explore the aspects of the international business that are of special interest to them and to concentrate of a specific region and/or industry. 3. OBJECTIVES a. General: The student will understand the opportunities and threats existing in the international business environment. The student will know how to make basic decisions regarding internationalization processes in different areas. b. Specific Week One Objectives • Describe globalization • Explain how globalization affects markets and production • Identify the drivers of globalization • Discuss the globalization debate • List types of firms in international business • Define the global business environment Week Two Objectives • Define culture and list its components • Discuss attitudes toward time, work and cultural change • Describe the roles of religion and communication in a society • Discuss how physical environment affects culture • Describe two frameworks for classifying cultures • Assess the global business environment – political, economic, legal, technological • Explain the role of regional trading blocs • Evaluate political and economic risk Week Three Objectives Discuss the important of corporate strategy for the overall performance of a company Define the determines for selecting, creating and pursuing a particular strategy Discuss the strategic position of the firm Explain the reasons company pursue different international strategies Week Four Objectives Understand the objectives and usefulness of global marketing segmentation Describe the approached to global marketing segmentation using different segmentation criteria to define target groups Discuss the variables which may be used to select target groups for global marketing strategies Identify different ways of positioning products in global markets Week Five Objectives Discuss the criteria suitable for the selection of foreign target market Understand which marketing entry alternatives are available to companies and how companies select the most appropriate ones Describe different forms of exporting 4. COMPETENCIES a. GENERAL 1. To understand the current level at which Ecuador is engaged in international business 2. To analyze and explain today’s international business, based on theory and current events 3. To prepare for conducting international business b. SPECIFIC The student: 1. Leads groups, solve practical problems, act according to a plan and challenge and critiques other groups proposals 2. Discusses and solves problems from case studies 3. Researches new developments in global markets and organizations 5. COURSE CONTENT OUTLINE Class Meeting # Specific Competencies 1. Mon March 16 2. Tue March 17 1,2,3 3. Wed March 18 4. Thu March 19 5. Mon March 23 and 6. Tue March 24 7. Wed March 25 and 8. Thu March 26 9. Mon March 30 10. Tue March 31 and 11. Wed April 1 Content 1,2,3 Introduction and Course Overview The Nature of International Business 1,2,3 Economic Theories of International Business 1,2,3 1,2,3 1,2,3 1,2,3 Non-contact hours (96 HRS.) EVALUATION Class discussion Ball et al. (2004). Ch 1, 2 pp. 2-103 (101) Ball et al. (2004). Ch 3 pp. 104-142 (38) In-class Participation Evaluation, Oral Evaluation In-class Participation Evaluation, Oral Evaluation The Dynamic of International Organization and International Monetary System The Foreign Environmental Forces: Financial, Economic and Socioeconomic Forces Ball et al. (2004). In-class Participation Ch 4, 5 pp. 143-204 Evaluation, (61) Oral Evaluation The Foreign Environmental Forces: Physical, Environmetal and Sociocultural Forces Ball et al. (2004). In-class Participation Ch 8, 9 pp. 260-331 Evaluation, (71) Oral Evaluation The Foreign Environmental Forces: Political, Legal, Labor and Competitive Forces Ball et al. (2004). Ch 10, 11 pp. 332387 (55) Ball et al. (2004). Ch 12, 13 pp. 388460 (72) Ball et al. (2004). In-class Participation Ch 6, 7 pp. 204-259 Evaluation, (55) Oral Evaluation In-class Participation Evaluation, Oral Evaluation In-class Participation Evaluation, Oral Evaluation 12. Thu April 2 13. Mon April 6 14. Tue April 7 15. Wed April 8 16. Thu April 9 17. Mon April 13 and 18. Tue April 14 19. Wed April 15 1,2,3 Midterm Ch 1 - 13 Written Exam 1,2,3 Ch 1 - 12 Class Discussion and Group Work 1,2,3 Midterm and Cases Feedback – Project Group Work in Class International Strategy, Organizational Design, and Control Project Group Work in Class Ball et al. (2004). Ch 14 pp. 461-501 (40) In-class Participation Evaluation, Oral Evaluation Class Discussion and Group Work 1,2,3 Assessing and Analyzing Markets; Marketing Internationally Ball et al. (2004). Ch 15, 16 pp. 502555 (53) In-class Participation Evaluation, Oral Evaluation Export and Import Ball et al. (2004). Ch 17 pp. 556-591 (35) Ball et al. (2004). Ch 18, 19 pp. 592647 (55) In-class Participation Evaluation, Oral Evaluation In-class Participation Evaluation, Oral Evaluation 1,2,3 20. Thu April 16 1,2,3 Human Resources and Financial Management 21. Mon April 20 1,2,3 22. Tue April 21 1,2,3 Global Operations Management: The Third Industrial Revolution Case Study Ball et al. (2004). Ch 20 pp. 647-686 (39) Individual case materials In-class Participation Evaluation, Oral Evaluation Case Study 23. Wed April 22 1,2,3 Case presentation Group materials related to the case All course materials are covered Class discussion 24. Thu April 23 Final exam Assessment Written Examination 6. METHODOLOGY In addition to academic research and study of effective consumer behavior influencing methods and practices, students will have hands-on experiences in applying their knowledge in team exercises, consumer behavior analysis, case incidents and Internet search exercises. Students are expected to read the assigned material before coming to class. 7. ASSESSMENT Participation and Homework: Participation extends beyond mere attendance. Participation is ability to answer questions in class when called on, small-group projects and exercises and contribute to class discussion. Expect your instructor to keep track of how often you contribute to class discussion (as a whole). Assessment of required reading comprehension and ability to apply the concepts to practical projects can be carried through class discussion, hands-on projects or individual oral or written evaluations. Some project can be completed in class, other would require additional work: students might be expected to conduct individual research, or analyze a case. All take-home assignments must be word processed and printed out. Email submission would be allowed only in special circumstance and with a prior approval by the instructor. Late assignments will lose 20 points out of 100 for each day. If an assignment is more than 2 days late, it won’t receive any points. All sources should be documented in academic format in the body of the assignments, using APA format. Exams: Two examinations will be taken, a midterm in the middle of the course and a final exam covering all course content during the final examination period. Test format may combine a mixture of short answer and essay questions covering all readings, lecture, handouts and class discussion content. Case Study: Case study / incident based on international business problem to be presented in class APA format of presentation Sources of information: personal experience, textbooks, books, academic articles, internet, interviews, company materials Start early – it will required at least 30 hours of work General Requirements Absence from tests will not be tolerated. In the event of illness or emergency, contact your instructor IN ADVANCE to determine whether special arrangements are possible. The University’s rules on academic dishonesty (e.g. cheating, plagiarism, submitting false information) will be strictly enforced. Students are expected to be able to use academic database (EBSCO) regularly and to supplement their practical projects and case studied with appropriate academic materials. Class participation and homework Final Project (Case Study) Midterm Exam Final Exam 25 % 25 % 25 % 25 % 8. BIBLIOGRAPHY 8.1. REQUIRED COURSEBOOK TEXT: International Business: The Challenge of Global Competition AUTHORS: Ball, D., McCulloch, W., Frantz, P., Geringer, J. M., and Minor, M. EDITORIAL: McGraw Hill, Irwin EDITION: 9th Edition, 2004 8.2. WEBLIOGRAPHY EBSCO DATABASE Supplemental learning resources: http://www.prenhall.com/francescogold http://www.prenhall.com/deresky www.international-business-center.com International business culture resources- links by University of Washington Library http://www.lib.washington.edu/business/guides/bc.html CIA Facts Book https://www.cia.gov/library/publications/the-world-factbook/ 9. FACULTY INFORMATION NAME: Natalie Mikhaylov ACADEMIC CREDENTIALS--UNDERGRAD: BS, Management Golden Gate University, San Francisco, USA GRADUATE: MBA, HRM Golden Gate University, San Francisco, USA PhD Candidate, Management and Organization, Turku School of Economics, Turku, Finland E – mail: natalee36@yahoo.com 10. Prepared by: Natalie Mikhaylov Reviewed by: Dean Mónica Reynoso Date: February, 2009 Date: February, 2009