course syllabus b l e n d e d m o d e l instructor version evening classes International Business INTB 300 home Cover about expectations resources course overview learning outcomes Benedictine Hallmarks 2011-2012 STABILITY STEWARDSHIP IDEA schedule & sessions next course syllabus Addresses the educational needs of adult students by developing and providing engaging, relevant and accelerated programs. blended model INTB 300 Enhances scholarship, leadership skills, social responsibility, and promotes life-long learning. Provides high-quality, easily accessible educational opportunities for adult learners. Enables adults to earn specific undergraduate and graduate degrees while maintaining their personal and professional commitments. International Business instructor version Develops new degree and non-degree programs that address the expressed needs of the professional community. content links index about this document about Moser College about blended learning hallmarks of a Benedictine education student expectations attendance policy financial aid submission of work library resources services for students with disabilities Academic Honesty Policy APA formatting and style netiquette course overview required textbooks grading scale IDEA objectives IDEA description learning outcomes course schedule Moser College Mission Statement: Moser College embodies the values of respect, excellence, collaboration, and professionalism. We are committed to delivering innovative and dynamic programs designed for adult students who are dedicated to enhancing their professional, local, and global communities. Moser College Vision Statement: To be one of the premier university colleges in the nation. Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community Benedictine University home about expectations Margaret and Harold Moser Center 1832 Centre Point Circle Naperville, IL 60563 resources course overview learning outcomes Phone: (630)schedule 829-6289& IDEA sessions Fax: (630) 829-1375 http://www1.ben.edu/programs/a dult_cohorts/mission_vision.asp 2 Content Links International Business | INTB 300 About Your Program at Benedictine University – Moser College About This Document This is a hypermedia document – it has been built to mimic navigation on the web. This document can also be viewed as a presentation or it can be printed like a traditional document. We use this sort of document because it allows for navigation links (hyperlinks) to text, graphics, audio/video, and the web. This type of document also allows you to navigate in a nontraditional, nonlinear way – by following the page links you are not bound to read or flip through the document in any sort of order. This is yet another example of Moser College’s commitment to advancements in technology and blended learning. About Moser College The Moser College of Adult & Professional Studies delivers its curricular programs in a specifically designed structure deliberately oriented for working, adult learners. The Moser College is committed to providing a learning environment which extends beyond the classroom and is designed specifically to meet the needs of its students and their employers by bringing a quality educational experience without requiring the student to relocate or travel extensively beyond their home area. Benedictine University's Moser College of Adult & Professional Studies is fully accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools*. * http://www.ben.edu/academic_programs/moser/about/index.cfm About Blended Learning Blended learning is the integration of different learning environments: mainly the online format with the face-to-face format, but may also include mobile learning. Blended learning, also referred to as hybrid learning, relies on both the advantages of digital/technology innovation and the methods of face-to-face instruction. At Moser College, we use blended learning by combining asynchronous online classroom sessions with a face-to-face classroom environment. We alternate between the online session and the face-to-face session in 5-week courses, with the A session being face-to-face and the B session being online. hallmarks of a Benedictine Education: home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 3 About International Business | INTB 300 The Ten Hallmarks of a Benedictine Education A Benedictine Education Based on the Rules of Saint Benedict, a Benedictine Education is based on the Benedictine Wisdom Tradition that sets as its goals the transformation of the Human mind AND Heart and has at its foundation “The Ten Hallmarks of a Benedictine Education”. The Ten Hallmarks Each academic year Moser College will be celebrating two of the Hallmarks. This academic year 2011-2012, the Hallmarks Stability and Stewardship have been chosen. The ten hallmarks are: 1. Love of Christ and Neighbor 2. Prayer: a Life marked by liturgy, lection and Mindfulness 3. Stability: commitment to the daily life of this place, its heritage and tradition 4. Conversatio: the way of formation and transformation 5. Obedience: a commitment to listening and consequent action 6. Discipline: a way toward learning and freedom 7. Humility: knowledge of self in relation to God, others and creation 8. Stewardship: responsible use of creation, culture and the arts 9. Hospitality: openness to others 10. Community: call to serve the common good home about expectations resources Portrait (1926) by Herman Nieg (1849–1928); Heiligenkreuz Abbey, Austria course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 4 Hallmarks International Business | INTB 300 Student Expectations Expectations of Students In order to get the maximum use of the time available, it is expected that you will: • Read the material to be covered in the class and complete required assignments prior to attending the class/session; • Arrive/login to class/session prepared to participate actively; • Be prepared to actively participate in the collaborative activities of each class/session; and • Always feel free to seek additional help from the instructor when the need arises. Attendance Policy Students may not miss more than 25% of the live classroom sessions. Doing so will result in an F for the course. financial aid information Submission of Work All assignments are to be submitted into Desire 2 Learn (D2L) unless otherwise noted by instructor. Assignments must be submitted by due date. Any assigned work submitted late for any unexcused reason will receive a lowered grade. Please refer to your instructor’s late work policy located in D2L. In the event that you miss an examination for due cause, arrangements must be made with the instructor for a make-up examination. Important criteria concerning the submission of work: • Make-up examinations may differ from the original class examination. • Per University policy, assignments cannot be accepted by an instructor after the last day of the course. • Only discussions threads posted by 11:59 pm CST on the due date will count for grading purposes. information concerning netiquette: home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 5 Expectations International Business | INTB 300 Financial Aid Information Applying for Financial Aid A college education is one of the largest financial investments a family will make. We believe that an education from Benedictine University will provide valuable returns throughout a student's lifetime. The Office of Financial Aid is dedicated to helping students and their families make a Benedictine University education affordable. We view the process of financing an education as a partnership. Although the student and his/her family have primary responsibility for meeting college costs, Benedictine University, as well as the federal and state governments have a variety of financial aid programs available to students who need financial assistance. Types of Financial Aid Benedictine University's Office of Financial Aid administers a variety of federal, state and institutional programs of student financial assistance. All financial aid recipients must maintain satisfactory academic progress in accordance with the published, "Satisfactory Academic Progress Policy for Financial Aid Recipients.“ • After completing the financial aid application process, the student will receive a financial aid award notification letter. The award letter will include the program(s) that the student is eligible to receive and the award amount(s). • Grants/Scholarships - Grants and scholarships are considered to be gift assistance. This means the awards do not have to be repaid. • Loans - Loans are considered to be a form of self-help assistance. Loan programs provide funds for educational purposes and are paid back with interest. • Employment - Part-time jobs on campus are available to students through the University and Federal Work-Study program. Students working on campus receive a bi-weekly paycheck. • Applying for Financial Aid – All students applying for financial aid are asked to complete the Free Application for Federal Student Aid (FAFSA). FAFSA – Free Application for Federal Student Aid The FAFSA is required for all federal, state (Illinois residents) and Benedictine University need-based assistance. It should be completed as soon as possible after January 1st. Applying online with FAFSA on the Web at www.fafsa.gov is faster and easier than using a paper FAFSA. Have your completed U.S. Federal Income Tax returns readily available when completing the FAFSA. Include Benedictine University's school code: 001767 so the results of your FAFSA application will automatically be sent to our financial aid office. Sign you FAFSA with a Federal Student Aid PIN. Apply for a PIN at www.pin.ed.gov. If you are providing parent information, one parent must also sign you FAFSA. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 6 Financial Aid International Business | INTB 300 About Netiquette What is Netiquette? "Netiquette" stands for "Internet Etiquette", and refers to the set of practices which help to make the online experiences pleasant for all involved. As you might expect, netiquette, like other forms of etiquette, is about courtesy, manners, codes of behavior, protocols and respect. Netiquette primarily focuses on how we interact with one another online, by being aware of: our use of language, others’ cultural background, conventional norms, and other behaviors. Below you will find guidelines concerning the basics of online interaction. If it isn’t something you would say or do in the face-to-face classroom, it is probably inappropriate in the online class as well. Netiquette Basics 1. Follow the Golden Rule (“One should treat others as one would like others to treat oneself”) 2. Be ethical, fair, tolerant and mindful of others – avoid stereotyping, judgment and prejudice 3. Know the boundaries of particular cyberspaces – what is acceptable in a text or chatroom with friends may not be appropriate in a classroom or in an online conversation with an instructor 4. Respect the time of others by: 1) using descriptive subject lines, 2) resizing images for the web, 3) providing links instead of copying and pasting content, 5) using white space by inserting blank lines between paragraphs and headers and 6) limiting your use of attachments 5. Copy the minimum number of people – it is tempting to send “email” or “message blasts” because it is easier for the poster, but it is not easier for the reader Inappropriate Online Usage 1. Avoid “flaming” – flaming is sending offensive, insulting or criticizing messages. This happens more often online then in face-to-face interaction, because there is an illusion of anonymity. 2. Flaming is neither productive nor appropriate for the learning environment 3. Always avoid flaming when it comes to content and opinions, but also avoid it when it comes to grammar, punctuation and spelling corrections 4. Avoid using CAPS if possible and never type messages in ALL CAPS – this is considered yelling and is often seen as a form of aggression 5. Use emoticons ( :) , :( , :-) ) sparingly and avoid the use of JK, BRB, LOL and other text language Confidentiality and Privacy 1. 2. 3. 4. Email, messaging and posting are forms of written record and are just as permanent as a letter or document Do not publicize your own or others’ personal information (such as email, phone numbers, last names etc.) Respect copyright and cite any and all sources Do not expect that your communications are private, instead assume all communications are public For more information please review Netiquette by Virginia Shea home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 7 Netiquette International Business | INTB 300 Resources for Success Benedictine’s Library Resources Benedictine University Libraries strive to provide the resources for all of your academic and research needs. Providing access to over 120 databases, 200,000 books and eBooks, and helpful librarians 7 days a week, we are here to assist you in person and online. The primary mission of the Benedictine University Library is to provide library resources and services that support the Benedictine University community and meet its academic and research needs. To support our mission, the Library has made provisions for all students to gain access to important academic resources through the Benedictine Library Website. As you begin your academic journey please take note of these key concepts that will affect that access: • Entry into academic databases and most Library resources must be made through the Benedictine Library Website at www.ben.edu/library • Within one week of your official enrollment your patron information will be automatically entered into the library system, where once entered, you will be able to check out books and access databases • When off-campus you will be prompted by authentication software (a proxy server) to provide your Library ID number and last name to access article databases and request books. This software proxy server confirms that you are a current Benedictine University student and thus allowed access • Your Library ID number is a combination of the Benedictine Library prefix 2281100 and your seven-digit student ID number (also called your “b” number). Thus 2281100XXXXXXX is the Library ID number with X’s being the seven digit student number. This number is prominently located just below the barcode on your Benedictine ID card • For further information on any aspect of Library resources and access please call or write the Benedictine Library Reference Desk at 630-829-6057 or libref@ben.edu. Please take note of Library hours and staff directory located on the Library Website under About the Library and feel free to contact us about any concern or need you might have additional resources for student success: home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 8 Library International Business | INTB 300 Resources for Success University Academic Honesty Policy The search for truth and the dissemination of knowledge are the central missions of a university. Benedictine University pursues these missions in an environment guided by our Roman Catholic tradition and our Benedictine Heritage. Integrity and honesty are therefore expected of all University students. Actions such as cheating, plagiarism, collusion, fabrication, forgery, falsification, destruction, multiple submission, solicitation, and misrepresentation are violations of these expectations and constitute unacceptable behavior in the University community. To access the complete Academic Honesty Policy, which includes student responsibility, responsibility and authority of faculty, violations, reporting and communicating, responsibilities of the provost, appeals, composition of the academic appeals board, procedures of the academic appeals board, and records, please select the following link: www.ben.edu/ahp APA Formatting and Style All course assignments must use APA citation and formatting. This is a mandatory requirement for all assignments, including discussions, if a publication or other work is being referenced. For more information on APA, please see the APA Style section at the website of the American Psychological Association, linked here: www.apa.org/ APA resources for students: www.apa.org/about/students.aspx Services for Students with Disabilities Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990 prohibit discrimination against individuals with disabilities by standing provision of reasonable accommodations to make programs and activities accessible to qualified individuals with disabilities. If you have a documented learning, psychological, or physical disability, you may be eligible for reasonable academic accommodations or services. To request accommodations or services, please contact the Student Success Center, Krasa Center - 012A, 630-829-6340. All students are expected to fulfill essential course requirements. The University will not waive any essential skill or requirement of a course or degree program. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 9 Other Resources International Business | INTB 300 Individual Development and Educational Assessment IDEA Objectives • Acquiring skills in working with others as a member of a team. • Developing creative capacities (writing, inventing, designing, performing in art, music, drama, etc.) • Gaining a broader understanding and appreciation of intellectual/ cultural activity (music, science, literature, etc.) • Developing skill in expressing oneself orally or in writing. • Learning how to find and use resources for answering questions or solving problems. • Developing a clearer understanding of, and commitment to, personal values. • Learning to analyze and critically evaluate ideas, arguments, and points of view. • Acquiring an interest in learning more by asking questions and seeking answers. IDEA Description The IDEA student survey focuses on the instructor’s learning objectives for the course and on the progress each student made toward achieving those objectives. By answering thoughtfully and honestly, your ratings and comments will be much more helpful – to the instructor, the department chair, and the dean of the college. As students, you should also know that student ratings and comments have been used to help evaluate courses and to improve the educational experience at Benedictine University. The appropriate standard of conduct with respect to student surveys is thoughtful comments and constructive criticism – respectfully communicated. A Focus on Learning “The IDEA Student Ratings system looks at instruction in terms of its endgame. Rather than emphasizing teaching style or personality, the IDEA system focuses on student learning and the methods used to facilitate it.” – from the IDEA website: www.theideacenter.org/node/5 home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 10 IDEA International Business | INTB 300 Faculty Evening Course Overview Course Description INTB 300 -- International Business This course is designed to introduce students to the importance and role of international business. Predominant themes will be culture and business opportunities. Topics include international trade, balance of payments, multinational corporations and the functional areas of international business. Course Materials Required Textbook and Materials Geringer, M. J., Minor, M. S., McNett, J. M. (2012). International Business. New York: McGraw-Hill. ISBN-13: 978-0078029370 Suggested Course Materials n/a Technological Computer Requirements Students in the Blended program will need: High-speed Internet access; a sound card and speakers; Windows XP (minimum)/Windows 7 (recommended) or Mac OS X 10.5 or higher; and Firefox 3.6 or higher. It is also highly recommended that students have access to a microphone or webcam for optional audio/videoconferencing. Discussion Forum Guidelines The Course Grading Scale A = 4.00 90 - 100% EXCELLENT B = 3.00 80 – 89% GOOD C = 2.00 70 – 79% SATISFACTORY D = 1.00 60 – 69% PASS F = 0.00 BELOW 60% FAIL I = INC INCOMPLETE home about expectations To receive a minimum passing grade, students must make a post to each discussion question for that week by day 4 of each week and respond to at least two other postings by the end of the week. Individual Posts are worth up to 5 points and the total Response Posts are worth up to 5 points total. Each discussion will total up to 10 points. resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 11 Course Overview International Business | INTB 300 Faculty Evening Course Outcomes Based in Bloom’s Taxonomy Learning Outcomes Assignments Points • • • • Evaluate the strategies of establishing an international business. Appraise multi-national corporation’s resource allocation. Discuss global corporate practices and analyze their impact on the world Formulate and Implement strategies for global operations. Individual Essay case study Team Case study Exercise Online Discussion Post and Response In-class participation 35 pts 10 pts 5 pts 5 pts • • • • • Compose market analysis and recommend course of action. Develop analytical skills regarding global business issues. Evaluate companies and cultural awareness within a global context. Apply global management styles. Assess your knowledge: First in-class quiz. Individual Case Study Essay Team Activity Exercise Online Discussion Post and Response In-class participation Quiz 35 pts 10 pts 5 pts 5 pts 15 pts • • • • • • Evaluate global market entry, technology, and economic issues. Analyze the impact of developed country and emerging market FDI. Discuss the complexity of legal forces confronting international business. Compare and contrast outsource and off shore global strategies. Assess your knowledge: Second in-class quiz. Individual Case Study Essay Team Activity Exercise Online Discussion Post and Response In-class participation Quiz 35pts 10 pts 5 pts 5 pts 15 pts • • • • • Evaluate emerging markets value using SWOT Identify how international relations and treaties affect business expansion. Assess the role of Trading Blocs and international policy. Identify and interpret GDP, HRI and other foreign country indexes Assess your knowledge: Third in-class quiz. Individual Case Study Essay Team Activity Exercise Online Discussion Post and Response In-class participation Quiz 35 pts 10 pts 5 pts 5 pts 15 pts • • • • • Evaluate international business strategy and market analysis. Compare and contrast developed and countries. Discuss cross-cultural negotiation and decision making. Analyze theories that explain why certain goods are traded internationally. Assess your knowledge: Fourth in-class quiz. Individual Essay case study Team Activity Exercise Online Discussion Post and Response In-class participation In class Quiz 35 pts 10 pts 5 pts 5 pts 15 pts • • • • Evaluate international strategy and international competitive advantage. Analyze International case studies. Discuss the complexity of the legal forces that confront international business. Present final International Business Project . Individual Case Study Essay Online Discussion Post and Response In-class participation Final Team Activity 35 pts 5 pts 5 pts 10 pts Total Points for course home about expectations resources course overview learning outcomes 400 pts IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 12 Learning Outcomes International Business | INTB 300 Faculty Evening Course Schedule Session Loc. Class Title Assignments 01 A F2F International Business Introduction • • • • 01 B online The Nature of International business • • • 02 A F2F International Environmental Forces • • • • 02 B online Natural Resources and Sustainability • • • 03 A F2F Organizational Environment • • • • 03 B online International Business Perspective • • • • home about expectations Instructor provides overview of course and assignments In-class Activity: Discussion Questions chapters 1,2,3 Individual Assignment: Case study Essay 3-5 pages on Globalization History Encourage students to form teams for course assignments. Read Geringer-Minor-McNett chapters 1 , 2 , 3 Written assignment- Write 2 paragraphs on: What does globalization means to you? Discussion Post –Describe Globalization-Impact on the world Read Geringer-Minor-McNett Chapters 4, 5, 6 In-class Activity: Discussion Questions from chapter 4, 5 , 6 (pages 75, 93, 114) Individual Assignment: Write a 1 page short response from Discussion Questions “How to prepare for international job transfer? Submit to D2L Drop Box Quiz 1 covering chapter 1, 2, 3 Review previous reading in chapters 4,5,6 Team written assignment- Global Business project on selected country and industry. Discussion Post topic-Cultural Awareness in Global Business Read Geringer-Minor-McNett, Chapters 7,8,9 In-class Activity: Discussion on page 238 and 307. Individual Assignment: Write 3-4 paragraphs on WTO strengths and weakness Quiz 2 covering chapter 4, 5, 6 Review previous reading in chapter 7, 8, 9 Individual Assignment: Appraise WTO website , select topic and post Written assignment: Examine Foreign Exchange and Fluctuating Currency Values in Brazil, Russia, India, China and South Africa (BRICS) countries Discussion topic: How China benefit from Free Trade resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community Course Schedule 13 International Business | INTB 300 Faculty Evening Course Schedule Session Loc. Class Title Assignments 04 A F2F Global Operations • • • • 04 B online International Competitive Strategy • • • • 05 A F2F Human Resource in an international context • • • • 05 B online Entry Modes • • • 06 A 06 B home F2F online about Global Markets and Global Trends Human resources, Accounting and Finance expectations resources Read Geringer-Minor-McNett Chapters 10, 11, 12 In-class Activity: Discussion Questions pages (174, 194, 210) Individual Assignment: Examine two countries using SWOT analysis Quiz 3 covering chapter 7,8,9 Review previous reading in chapter 10, 11, 12 Individual Assignment: Develop screening process for foreign markets Team written assignment- Foreign direct investing (FDI) and Government Policy Discussion topic: Select a country and product to export Read Geringer-Minor-McNett, Chapters 13, 14 In-class Activity: Discussion Questions on page 222 and 238 Individual Assignment: What are the drawbacks of indirect exporting? Quiz 4 covering chapter 10,11, 12 Review previous reading in chapter 13, 14 Team written assignment: Identify factors in online advertising in the international sphere Discussion topic-International Monetary Fund • Read Chapter 15, 16 and 17 In-class Activity: Discussion Questions Individual Discussion Assignment: Individual Assignment: Case study Essay 1-2 pages on Globalization of Health Care answer question #4, page 41 Final presentation • • • • Review previous reading in chapter 15, 16, 17 Individual Discussion Assignment Team written assignment-Strategy Decision Discussion topic-International Entry Strategy at WalMart • • • • course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 14 Course Schedule International Business | INTB 300 Faculty Evening Session 1A Learning Objectives Define the key arguments for and against globalization. 1. Discuss the five drivers, all based on change, that are leading firms to internationalize their operations. 2. Describe the changing nature of the international economy. 3. Explain the main arguments in the debate over the impact of globalization. 4. Evaluate how the process of globalization is creating opportunities and challenges for international firms. Activities, Assignments and Agenda Instructor provides overview of course and weekly assignments. Reading: No pre-class reading assigned, this will be completed after class 1A. Review Charles Geringer-Minor-McNett Text, Chapter 1, 2 and 3. Individual Assignments • Individual and team questions are assigned after class 1A. Case study Essay 3-5 pages on the history of international business beyond Geringer-Minor-McNett Text description. Start your essay in 1994 until today detailing the major events that help shape international business. Consider Technology, trade agreements, and developing markets. Submit assignment to D2L drop box. Study Group Assignments: Individual and team questions are assigned after class 1A. Encourage students to form teams for course assignments. Team name, project selected, country selected, chosen product or service are considerations necessary prior to Class second class. Students should submit a brief proposal for their project my the third course. International Business Project Objective: To create a foreign market entry business plan for taking an American consumer product into a foreign country. Students are encouraged to be creative about the topic and apply concept from class to the final presentation. In Class Participation Review course syllabus, material, agenda and set course expectations. Facilitate an in-class discussion by reviewing chapter 1 relating to the growth of international firms and international business pages 10-19. Discuss the importance of Globalization strategy and how it’s utilized by individual companies. Lead a discussion on globalization terms and concepts and how they’re specifically used. Engage students and ensure they can develop a framework to evaluate the strengths, weakness, opportunities and threats and trends of globalization. Complete the following exercises in class to reinforce these concepts. 1. Read Geringer-Minor-McNett Text Chap 1, 2,3 the Nature of International Business is the context of the first three chapters. Break class into discussion groups to initiate collaboration. 2. A revised and expanded International Business DVD (free) of company mini-documentaries and newsreel pieces accompanies this text to help spark classroom discussions. Classic footage joins new stories to help you engage your students in international business topics. The DVD includes segments for specific use with particular chapters as well as additional segments to round out your class time. The Instructors Manual includes video case notes on how to use videos with each chapter. The Geringer-Minor-McNett text online software and DVD disc provides a variety of PowerPoint's and videos. This is a great resource to expose students to concepts, culture and countries involved in this course. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 15 Session 1A International Business | INTB 300 Faculty Evening Session 1B Learning Objectives 1. 2. 3. 4. 5. 6. Understand how the political systems of countries differ. Recognize the direction of trade, or who trades with whom, and trends in such trade. Assess the magnitude of international trade and how it has grown. Explain some of the theories of foreign direct investment. Identify the macro-political and economic changes taking place worldwide. Describe how transition economies are moving towards market based systems. Activities, Assignments and Agenda Reading: Review Geringer-Minor-McNett Text, Chapters 1, 2, 3 and information assigned. Individual Assignments Online Discussion Write a 1-2 paragraph short essay response after reading Geringer-Minor-McNett Text, Chapters 1, 2 and 3. For the first discussion post a response on, “What globalization means to you. How do you see it as a factor of business in the USA”.? Considerations are, the economy and/or technology. Then end your post with a question to the class. Please make your initial post by midweek, and respond to at least one other students' post by the end of the week. Review the definitions provided by your classmates and critique. Post your question by mid week so other students may have a chance to respond. Reply to two other students posted discussion questions. Study Group Assignments The following suggested activity can be found in the Geringer-Minor-McNett Text instructors manual and Chapter 1 Case study on Starbucks page 3. The opening case study explores the international expansion of Starbucks. The company has expanded over the last thirty years from a single store in Seattle to more than 16,000 locations spread across 50 different countries. This is an excellent example for national expansion and global growth. Listed below an in-class discussion question suggested by the textbook: Question 1: How has globalization created opportunities for Starbucks? How has Starbucks influenced the process of globalization? Starbucks website: http://www.starbucks.com/ Instructor Note: The websites change from time to time. The sites can provide current and topical information. However, I suggest checking the link access before class. Monitor the online format to ensure students are fully participating in discussions home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 16 Session 1B International Business | INTB 300 Faculty Evening Session 2A Learning Objectives 1. 2. 3. 4. 5. 6. 7. Explain what is meant by the term “culture of a society”. Identify the forces that lead to differences in social culture. Identify the business and economic implications of differences in culture. Recognize how differences in social culture influence values in the workplace. Demonstrate an appreciation for the economic and business implications of cultural change. Appraise the World Trade Organization and its impact on international business. Summarize the theories of Hofstede and Trompenaars. Activities, Assignments and Agenda Reading: Geringer-Minor-McNett Text, Chapters 4, 5, 6 Individual Assignments Quiz 1 covering chapters 1, 2, 3 Read and review chapter for class discussion. Study Group Assignments: Individual and team questions are assigned after class 2A. In Class Assignments/Assessment 1. Facilitate a review of individual and team homework/questions from chapters 3-5. Ensure all questions are answered before moving to the next topic. It’s critical that students understand these concepts before introducing and discussing new subjects. The instructor will facilitate a quiz for chapter 1, 2, 3. Instructors may use questions from the Geringer-Minor-McNett Text textbook, global issues or from the companion test-bank. (Ten questions are suggested for the quiz.) 2. Lead a discussion on Chapters 4-6, from the Geringer-Minor-McNett text on business ethics and global culture, environmental sustainability. Culture, the sum total of beliefs, rules, techniques, institutions and artifacts that characterize human populations, is learned and shared. Culture can be describes as a “template for living” or a “design for life,” as it imprints the accepted behaviors on every person who is born into a society. Be prepared to participate in the discussion regarding Geringer-Minor-McNett Text Chap 4, 5, 6, pages 75, 93, 114. 3. Ask the students what kinds of culture preparation they would want to have if they were to be transferred to a specific country in six months. The use of PowerPoint's, interactive flashcards and videos provided by Instructor edition, Online Learning Center/ will promote the words, phrases and concepts associated with this course. . home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 17 Session 1A International Business | INTB 300 Faculty Evening Session 2B Learning Objectives 1. Understand how the political systems of countries differ. 2. Recognize how the economic systems of countries differ. 3. Understand how the legal systems of countries differ. 4. Explain what determines the level of economic development of a nation. 5. Identify the macro-political and economic changes taking place worldwide. 6. Describe how transition economies are moving towards market based systems. Activities, Assignments and Agenda Review Reading: Geringer-Minor-McNett Text, Chapters 4,5, 6 Individual Discussion Assignment 1. Choose two countries that appear to be culturally diverse. Compare the culture of those countries and then indicate how cultural differences influence (a) the costs of doing business in each country, (b) the likely future economic development of that country, and (c) business practices. Which country is the “best fit” to do business in based upon your defined perspective? 2. Class – Respond and/ answer these question as a foundation for the discussion . Please make your initial post by midweek, and respond to at least one other students' post by the end of the week. Review the definitions provided by your classmates and critique. Post your question by mid week so other students may have a chance to respond. Reply to two other students posted discussion questions. Team Discussion Assignment-Global Business Project The instructor will assign 1 page short written response and students will submit in D2L Team Drop Box : Team name, project selected, country selected, chosen product or service. Study Group Assignments The following suggested activity can be found in the Geringer-Minor-McNett Text instructors manual (Chapter 3) . It begins by introducing the concept of culture. The determinants of culture are identified, which include religion, political philosophy, economic philosophy, education, language, and social structure. Have students discuss how the different religions might affect the work of (1) the marketing manager, (2) the production manager, and (3) the human resource manager of foreign subsidiaries in a Latin American country, a Mideast country, and a European country. If a manager were to be transferred from one subsidiary to another, what changes would need to be made in the way that manager handled the work? This is an issue faced by people who are transferred every few years to a different culture or country. Monitor online sessions to ensure students are fully participating in discussions home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 18 Session 1B International Business | INTB 300 Faculty Evening Session 3A Learning Objectives 1. Explain the risk of product liability legal actions. 2. Discuss the complexity of the legal forces that confront international business. 3. Recognize why many economists believe that unrestricted free trade between nations will raise the economic welfare of all countries that participate in a free trade system. 4. Appraise the need and methods to protect your intellectual property. 5. Understand the important implications that international trade theory holds for business practice. Activities, Assignments and Agenda Reading: Geringer-Minor-McNett Text, Chapters 7, 8, 9 Individual Assignments Facilitate a review of individual and team homework/questions. Ensure all questions are answered before moving to the next topic. It’s critical that students understand these concepts before introducing and discussing new subjects. The students are assigned to write five hundred words on the strengths and weakness of the World Trade Organization. Submit in D2L drop box. Read Geringer-Minor-McNett Text, Chapter eight page 307 regarding enlargement of the European Union (EU). Use all the resources in the case: globalEDGE Resource Desk http://globalEDGE.msu.edu/resourcedesk to complete the exercise and answer the question. : Were you surprised by any countries? Why ( or why not) ? Instructor Note: The websites change form time to time. I suggest checking the link access before class. Study Group Assignments: Individual and team questions are assigned after class 3A. In Class Assignments/Assessment 1. The instructor will facilitate a quiz for chapters 4, 5, 6. Instructors may use questions from the GeringerMinor-McNett Text textbook, global issues or from the companion test-bank.. (Ten questions are suggested for the quiz.) 2. Be prepared to participate in the discussion regarding Geringer-Minor-McNett Text Chap 7, 8, 9: The use of PowerPoint's, interactive flashcards and videos provided by Instructor edition, Online Learning Center/ will promote the words, phrases and concepts associated with this course. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 19 Session 1A International Business | INTB 300 Faculty Evening Session 3B Learning Objectives 1. 2. 3. 4. Discuss the influence of currency exchange controls on international business. Understand what is meant by spot exchange rates. Recognize the role that forward exchange rates play in insuring against foreign exchange risk. Appraise the different theories explaining how currency exchange rates are determined and their relative merits. 5. Explain the impact of fluctuating currency values. Activities, Assignments and Agenda Review Reading: Geringer-Minor-McNett Text, Chapters 7, 8 ,9 Individual Discussion Assignments 1. Begin by viewing the Multimedia Presentation which gives you a comprehensive overview of the WTO and the WTO website. Multimedia Presentation: http://events.streamlogics.com/wto/2004/index.html 2. Instructor Note: The websites change from time to time. I suggest checking the link. 3. Select one of the various topics covered by the WTO, such as anti-dumping, TRIPS, etc. any topic of interest to you and give the class a real life example of that topic in 3-4 paragraphs. 4. Respond and/ answer these questions as a foundation for the discussion . Please make your initial post by midweek, and respond to at least one other students' post by the end of the week. Review the definitions provided by your classmates and critique. Post your question by mid week so other students may have a chance to respond. Reply to two other students posted discussion questions. Team Discussion Assignment-Global Business Project The instructor will assign 1 page short written response on the functions of the International Monetary System and students will submit in D2L Team Drop Box Written Assignment-Examine Foreign Exchange and Fluctuating Currency Values in BRIC countries Submit a 2 page paper that answers the debate question on page 138 in the Geringer text. The assignment is due by the end of week 4. Post your response in the D2L pull down box.. Study Group Assignments 1. The following suggested activity can be found in the Geringer-Minor-McNett Text instructors manual and Chapter Eight. Research two countries that have very different inflation rates and attempt to explain the reasons. For a stark example, one of them could be Brazil. 2. Question : How has China benefitted from free trade and globalization? What did the end of the quota system mean for the country? 3. Be sure to monitor the online sessions to ensure students are fully participating in discussions. . home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 20 Session 1B International Business | INTB 300 Faculty Evening Session 4A Learning Objective 1. List the types of information an international company needs to have reported to it by its units around the world. 2. Discuss how an international company can maintain control of a joint venture or of a company in which the IC owns less than 50 percent of the voting stock. 3. Explain international strategy, competencies, and international competitive advantage. 4. Describe the steps in the global strategic planning process. 5. Explain the range of policy instruments that governments use to influence FDI. Activities, Assignments and Agenda Required Reading: Geringer-Minor-McNett Text, Chapters 10,11,12 Optional Additional Readings and Sources of Information Top 25 Countries for Overseas Investments http://images.businessweek.com/ss/10/03/0305_top_overseas_investments_countries/1.htm Instructor Note: The websites change from time to time. I suggest checking the links. Individual Assignments Facilitate a review of individual and team homework/questions from chapters 9, 10, and 11. Ensure all questions are answered before moving to the next topic. It’s critical that students understand these concepts before introducing and discussing new subjects. Assign students to write a 1-2 page short essay examining two developing organizational forms, the virtual corporation and the horizontal corporation. The students can use a S.W.O.T analysis to facilitate this exercise. Submit response in D2L drop box. Study Group Assignments: Individual and team questions are assigned after class 1A. In Class Assignments/Assessment 1. The instructor will facilitate a quiz for chapters 7, 8, 9. (Instructors may use question from the GeringerMinor-McNett Text textbook, or from the companion test-bank. Ten questions are suggested for the quiz.) 2. Be prepared to participate in the discussion regarding Geringer text Chap 10, 11, 12 pages:174, 194, 210. The use of PowerPoint's, interactive flashcards and videos provided by Instructor edition, Online Learning Center/ will promote the words, phrases and concepts associated with this course. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 21 Session 1A International Business | INTB 300 Faculty Evening Session 4B Learning Objectives 1. 2. 3. 4. Discuss environmental analysis and two types of market screening. Discuss the value to businesspeople of trade missions and trade fairs. Explain market indicators and market factors. Explain the history, current scope, and future prospects of the world's most important regional economic agreements. Activities, Assignments and Agenda Review Reading: Geringer-Minor-McNett Text, Chapters 10, 11, 12 Individual Discussion Assignments 1. Chapter 12 introduces a screening process to assist in the analysis and assessment of foreign markets based on the environmental forces impacting IB. The process reviews the forces in succession and involves the elimination of countries or markets at each step that do not offer acceptable ROI potential or the opportunity for a firm to exploit its competitive advantage in that market. Respond and/ answer these question as a foundation for the discussion. A. What are the four primary dimensions that need to be considered when designing the structure of an international company and why are they important? B. What is organizational design and why is it an important topic for managers of international companies to understand? Please make your initial post by midweek, and respond to at least one other students' post by the end of the week. Review the definitions provided by your classmates and critique. Post your question by mid week so other students may have a chance to respond. Reply to two other students posted discussion questions. Team checklist on global investing for organizations. Provide a check list on how your team plans to use the concepts above in your project. Write a 1 page description to complete this exercise. Post your team response in the D2L pull down box. Study Group Assignments 1. This is an opportunity to ask a fundamental global question for class participation and cognitive exercise. 2. Question: Ask students to select a country and a product they wish to export to it. Have them report on the sources of information available to enable them to decide if the market is worth entering. 3. Be sure to monitor the online format to ensure students are fully participating in discussions. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 22 Session 1B International Business | INTB 300 Faculty Evening Session 5A Learning Objectives 1. 2. 3. 4. 5. Explain the pros and cons of being a “market pioneer” versus being a “fast follower.” Identify two forms of piracy, and discuss how they both help and harm firms doing international business. Discuss why firms export and the three challenges of exporting. Identify two forms of piracy, and discuss how they both help and harm firms doing international business. Discuss why firms export and the three challenges of exporting. Activities, Assignments and Agenda Required Reading: Geringer-Minor-McNett Text, Chapter 13, 14 Optional Additional Readings and Sources of Information The U.S. Dollar Rally: What Investors Should Be Watching http://www.businessweek.com/investor/content/jan2010/pi20100120_622348.htm Instructor Note: The websites change from time to time. I suggest checking the links frequently. Individual Assignments 1. Facilitate a review of individual and team homework/questions from previous chapters. Ensure all questions are answered before moving to the next topic. It’s critical that students understand these concepts before introducing and discussing new subjects Assign the students to write a 1 page short essay response to the following question: What are the drawbacks of indirect exporting? 2. Submit in D2L drop box. Study Group Assignments: Individual and team questions are assigned after class 5A. In Class Assignments/Assessment 1. The instructor will facilitate a quiz for chapters 10,11,12. Instructors may use questions from the Geringer Minor-McNett Text textbook, global issues or from the companion test-bank.. (Ten questions are suggested for the quiz.) 2. Be prepared to participate in the discussion regarding Geringer-Minor-McNett Text Chap 13, 14, Discussion Questions page 222 and 238. 3. The use of PowerPoint's, interactive flashcards and videos provided by Instructor edition, Online Learning Center will promote the course concepts, words and phrases for this course. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 23 Session 1A International Business | INTB 300 Faculty Evening Session 5B Learning Objectives 1. 2. 3. 4. Describe the historical development of the modern global monetary system. Explain the role played by the World Bank and the IMF in the international monetary system. Compare and contrast the differences between a fixed and a floating exchange rate system. Identify the exchange rate regimes that are used in the world today, and why countries adopt different exchange rate regimes. 5. Understand the debate surrounding the role of the IMF in the management of financial crises. Activities, Assignments and Agenda Review Reading: Geringer-Minor-McNett text Chapter13, 14 Team Discussion Assignment 1. Write a 1-2 page short essay summary to the following statement: 2. Identify the appealing factors of online advertising in the international sphere, as discussed in the Geringer text. 3. Submit in D2L drop box Individual Discussion Assignment 1. Suggestion, visit the IMF website (http://www.imf.org/external/index.htm) critique and explore the interworkings of the organization and select a topic of interest to you. Describe your findings from the website in 3-4 paragraphs for your classmates. Why is this organization important? Can you detect an Europe or USA marketing influence? Why is the developing world concerned? 2. Respond and/ answer these questions as a foundation for the discussion . Please make your initial post by midweek and respond to at least two other students' post by the end of the week.. Study Group Assignments 1. The following suggested activity can be found in the Geringer-Minor-McNett Text instructors manual and Discussion of the case can revolve around the following question. 2. Question: Why do industrial products or services generally require less modification for international sales than do consumer products? home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 24 Session 1B International Business | INTB 300 Faculty Evening Session 6A Learning Objectives Discuss the importance of creating a company “global mind-set.” 1. Compare home country, host country, and third country nationals as international company executives. 2. Explain what an expatriate is, and some of the challenges and opportunities of an expat position. 3. Discuss the increasing importance of accommodating the trailing spouse of an expatriate executive. 4. Identify some of the complications of compensation packages for expatriate executives. Activities, Assignments and Agenda Required Reading: Geringer-Minor-McNett Text, Chapter 15-16-17 Optional Additional Readings and Sources of Information 1. Global Trends 2025: A transformed World US Director of National Intelligence 2008, www.dni.gov 2. Why Leadership Teams Must Be Global http://www.businessweek.com/globalbiz/content/feb2010/gb2010028_949458.htm Instructor Note: The websites change from time to time. I suggest checking the link access before class. Individual Assignments Facilitate a review of individual and team homework/questions from chapters 13, and 14. Ensure all questions are answered before moving to the next topic. It’s critical that students understand these concepts before introducing and discussing new subjects Write a 1-2 paragraph short essay response and submit in D2L drop box. Study Group Assignments: Individual and team questions are assigned after class 6A. In Class Assignments/Assessment 1. Be prepared to participate in the discussion regarding Geringer-Minor-McNett Text Chap 15-17. 2. Final group project due The use of PowerPoint's, interactive flashcards and videos provided by Instructor edition, Online Learning Center are a great way to promote the words, phrases and concepts of this course. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 25 Session 1A International Business | INTB 300 Faculty Evening Session 6B Learning Objectives 1. 2. 3. 4. Identify some of the complications of compensation packages for expatriate executives. Explain what an expatriate is, and some of the challenges and opportunities of an expat position. Identify the major international accounting issues that international firms face Categorize foreign exchange risks faced by the international firm into transaction exposure, translation exposure, and economic exposure. Activities, Assignments and Agenda Review Reading: Geringer-Minor-McNett Text, Chapter 15-17 Individual Discussion Assignments – Written Assignment-Strategy Decision 1. WalMart started its international expansion in 1991 opening a store in Mexico and has 4,343 stores and more than 700,000 associates in 15 countries outside the continental U.S at the end of 2010 . Suggestion source the company website (http://walmartstores.com). Use your information to discuss WalMart's entry strategy in different countries, their successes and their failures. 2. Respond and/ answer these questions as a foundation for the discussion . Please make your initial post by midweek, and respond to at least one other students' post by the end of the week. Question: How is WalMart's strategy perceived in the international business world? Team Assignment 1. For your project you will need to include sections on the following in relation to your country, business or industry, or management process: • Strategy for Global Expansion • Entry Mode • Import and Export Strategy and Financing Team Discussion Assignment – GBP Team Paper 1. Please submit your team's completed Global Business Project paper to your Team Drop Box. In D2L 2. Question: What are the concerns conducting business in a foreign currency raises from an accounting perspective? 3. Be sure to monitor the online format to ensure students are fully participating in discussions. home about expectations resources course overview learning outcomes IDEA schedule & sessions Love of Christ and Neighbor Prayer Stability Conversatio Obedience Discipline Humility Stewardship Hospitality Community 26 Session 1B