INTERNATIONAL BUSINESS MANAGEMENT Fall 2009 Office Phone Email Chiung-Hui Tseng 61411A (Institute of International Business) (06) 275-7575 ext.53512 ctseng@mail.ncku.edu.tw Text Griffin, R. W. and Pustay, M. W., International Business, 6th Edition, 2009, Pearson Prentice Hall Press. Course Overview and Objectives The objective of this course is to help students understand why firms expand overseas, what environmental forces affect firms’ foreign operations, and what strategic options firms can have in such business environments. Even though some firms may not be directly involved in international business transactions, they are exposed to and influenced by the competitive thrusts of international players. Hence, a successful business manager nowadays will need to have an international perspective and to know the problems and opportunities embedded in both domestic and foreign countries. Through assigned readings, cases, and class discussions, this course seeks to develop students’ understanding in these respects. In addition, this course is also intended to provide students with opportunities of developing and practicing professional skills in oral communication, analysis, and decision making. Please note that ENGLISH will be used as the communication medium throughout the semester. Expectations 1) Preparation: read all assigned material before class. 2) Presence: attend all class sessions and be punctual. 3) Participation: pay attention, be alert, and participate actively in class. Requirements and Grading 1 Group Activities: Chapter Presentation and Discussion (90 minutes) Closing case Presentation and Discussion (30 minutes) Individual Activities: Closed Book Exam Class participation 40% 10% 20% 30% Key grading criteria for oral presentation are as below: • Positive and enthusiastic attitude; never read along notes • Good voice, eye contact, and gesture • • • • • • Relate to the audience; be interesting Be clear on the objective and key points Be organized and stay in time limit Good use of visual aids Meaningful wording, correct spelling and grammar Proper dressing Note: Everyone in the team will receive the same grade for group activities. Every member must contribute fully from the beginning until the end. If a member does not work hard, fellow members should feel free to “fire” him/her at anytime and notify the instructor. The member will then receive no grade on the project. Remember that team spirit is the key to your group’s success. Academic Dishonesty Cheating on exams (i.e. when someone brings information into an examination or looks at someone else’s test paper) will result in an automatic fail for the exam, if not for the course. 2 Course Schedule Week Topic 1 (09/18/09) 2 (09/25/09) 3 (10/02/09)* 4 (10/09/09) 5 (10/16/09) 6 (10/23/09)* 7 (10/30/09)* 8 (11/06/09)* 9 (11/13/09)* 10 (11/20/09)* 11 (11/27/09) Course Overview Ch.1 An Overview of International Business Ch.2 Global Marketplaces and Business Centers Ch.3 Legal, Technological, Accounting, and Political Environments No Class No Class Ch.4 The Role of Culture Ghemawat, P. (2001) Distance Still Matters: The Hard Reality of Global Expansion, Harvard Business Review, 79(8):137-147. Ch.5 Ethics and Social Responsibility in International Business Ch.5 Ethics and Social Responsibility in International Business Ch.6 International Trade and Investment Ch.7 The International Monetary System and the Balance of Payments Ch.9 Formulation of National Trade Policies Ch.9 Formulation of National Trade Policies Ch.10 International Cooperation Among Nations Ch.11 International Strategic Management Ghemawat, P. (2007) Managing Differences: The Central Challenge of Global Strategy, Harvard Business Review, 85(3):59-68. Ch.12 Strategies for Analyzing and Entering Foreign Markets Tseng, C.-H. (2007) Exploring Location-Specific Assets and Exploiting Firm-Specific Advantages: An Integrative Perspective on Foreign Ownership Decisions, Canadian 12 (12/04/09) 13 (12/11/09) 14 (12/18/09) Journal of Administrative Sciences, 24(2): 120-134. Ch.13 International Strategic Alliances Arino, A. and J.J. Reuer (2004) Designing and Renegotiating Strategic Alliance Contracts, Academy of Management Executive, 18(3): 37-48. Ch.14 International Organization Design and Control Ch.15 Leadership and Employee Behavior in International Business 3 Brett, J., Behfar, K., and Kern, M.C. (2006) Managing 15 (12/25/09) 16 (01/01/10) 17 (01/08/10) 18 (01/15/10) Multicultural Teams, Harvard Business Review, 84(11): 84-91. Ch.16 International Marketing Holt, D.B., Quelch, J.A., and Taylor, E.L. (2004) How Global Brands Compete, Harvard Business Review, 82(9): 68-75. Holiday Exam (Study questions will be distributed on 12/25.) Exam Grading Questions and Answers Note: Class on the weeks with an asterisk behind starts 8:10am and end 12pm. 4