GEB 3375 International Business Summer B 2014 Instructor Contact Instructor Robert Sweo BA1 422 Office MW 4:00-6:00 Office Hours 407-823-1237 Phone rsweo@ucf.edu E-mail Course Information International Business Course Name Course ID & Section GEB 3375 3 Credit Hours Summer B 2014 Semester MW 6:00 - 9:50 BA1 0107 Location Required Text Textbook International Business: A Practical Approach by Robert Sweo and Sandra Pate. Second Edition. CreateSpace Publishing 2014. ISBN#978-1499112849 Available Through: Amazon.com CreateSpace University Bookstore Other Materials There are several articles, videos, electronic activities and web sites that are required materials throughout the course. Links to each are provided in the modules or assignment section of the WebCourses@UCF web site. Make sure you check the course modules folder for each week of the course to make sure you are accessing all required materials. Web Links There are many useful web links provided under web links in course modules that will be very useful in doing international business research. There are also a few that are just plain fun. Course Description Introduction to International Business: Prerequisites - Junior standing and business major or minor. ECO 2013, ECO 2023, and ACG 2071. Description - Understanding the interdependence of the global world economy and similarities and dissimilarities between domestic and international business domains. Student Learning Outcomes Interpret basic trade/foreign direct investment theories. (comprehension) Identify the major determinants of exchange rates. (knowledge) Explain the impact of balance of payment conditions. (analysis) Recognize how and why governments influence trade. (analysis) Distinguish different forms of economic integration. (analysis) Contrast various instruments in the foreign exchange market. (evaluation) Recognize the sources of conflict in cross-cultural contact. (analysis) Contrast different strategic options available. (comprehension) Course Introduction International business is similar to business conducted within a single country except international business has many added complexities. International business must deal with multiple cultures, economic and legal systems, financial systems, currencies and numerous other factors that may vary within a country as well but which usually vary far more between countries. This class is a survey of international business management examined in the context of the increasing economic interdependence of nations and current economic, political, cultural, business, and managerial issues that have transnational significance. Overall concern is to clarify how the global economic, political, and cultural environment affects domestic and international businesses and public policy decisions. Students will be able to register to attend the class lectures live, or to view lectures by streaming video. Both groups will be required to complete significant amounts of course work administered through WebCouses@UCF. Evaluation and Grading Assessment Grade Weighting Pretest 9 Online Quizzes 5 Online Exercises 3 Exams 5% 10% 10% 75% Total 100% Overall Grade Your overall grade is based on a scale very close to the traditional 90% for an A, 80% for a B etc. I will sometimes make slight adjustments when I see a cluster of students very close to a grade break. For example the line for an A may be dropped to 89.8 instead of 90 if a large number of students score 89.9. Never will the line for an A or B move far from 90 or 80. The lowest either has gone is 89.5 and 79.5 respectively so do not rely on a change in the line to help your grade for an A or a B. Since the line for a C has a much greater impact, it will at times move further. I have moved the C line as low as 67 or 68 to avoid having a large number of students who scored 68 or 69 from having to repeat the class but again do not rely on this. If there are only a few students affected, the C line could remain at 70. + and - Grades I do not use plus or minus grades. Since there is an A- but not an A+ grade point averages from schools using a + or - system are usually lower then schools that do not use one. That can hurt students applications to graduate school so I choose not to use + or minus grades. Assessment Descriptions Pretest You should complete the International Business Pretest as one of your first activities in the class. You access the pretest through the Modules page in WebCourses@UCF. The pretest is an assessment of your knowledge about international business as you enter the course. The pretest is a multiple choice online exam. You are likely to have learned about many international business issues in other classes and through readings in sources like Business Week and The Economists. The pretest will measure how much you know about international business as you enter the course. Your results on the pretest will be compared with your results on the final exam to discover what you learned and areas in which the course can be improved or modified. Since the intent of the pretest is improving the course quality, you are not graded based on how many questions on the pretest you get correct but on your completion of the pretest in a timely manor. You earn the full 5 points on the pretest for completing it within the first week of the class. 5 Online Exercises Online exercises are simulations and other exercises accessed through the course content pages of WebCourses@UCF. The exercises give you opportunities to practice concepts learned in class. They are intended to provide you with hands on experience to help you better understand theories you learned by asking you to think through cases and problems faced by managers in the international business realm. See the class schedule for due dates. All online assignments are accessed through the course web site. 9 Online Quizes There are nine online quizzes scheduled through the semester. The quizzes are designed to give you practice with course materials before you reach the periodic and final exams. Each quiz is ten multiple choice, matching and/or fill-in questions. You can take a quiz as often you like during the week in which it is active. The questions on the exam will change each time you take it. Only your highest score on each quiz will be recorded so if you get a score you are unsatisfied with, you can retake the quiz to improve your score. One of the main goals of the quizzes is to keep you on schedule in reviewing class streaming videos and other materials. Therefore there are no make-up quizzes. If you do not take a quiz during the week in which it is scheduled you will score a zero for that quiz. 3 Exams The exams are proctored exams taken in the UCF College of Business Testing Center or the regional center you registered for the class under. You must report to the testing center during the testing period for each exam during the testing centers hours of operation to take an exam. Regional tests usually require an appointment. Make sure you check with your testing center if you registered under a regional center. Each exam will be multiple choice, matching and/or fill-in questions. Exam questions will be derived from course lectures/streaming videos, textbook readings, course readings and online activities. The 3 multiple choice exams will be comprised of 50 questions each. You will have one hour to complete each exam. There will be no make-up exams. Your lowest test grade will be dropped in calculating your grade. If you miss a test it will be the dropped test score. If you miss two tests you will have a 0 averaged into your test average. Testing periods are several days each. The days are broken into two categories: regular test days and late test days. You are expected to attempt each test during the regular testing period. If you do not take a test during the regular testing period, you do not need special permission to take a test during the late period. If something goes wrong during the late period, however, there is no time extensions or make-ups so you will miss the test. *The only exceptions are documented school sponsored events or religious holidays. Since the exams periods will be several days long, only events that last the full testing period will be accepted as an excuse. If, for example, an event runs for 4 of 5 testing days, it is expected that you will take the test on the day not covered by the event. Testing Center Use You must take your tests at the testing center where you are registered for the class. You are responsible for knowing the testing center times and policies for the testing center where you will be taking your Exams. You can not rely on the times posted in webcourses to know when a testing center closes. The test closing time in Webcourses is purposely set after the testing center closing time to allow time for the testing center to correct problems that occur at the end of a testing period. You will need your student ID to take a test at any of the testing centers. Policies Academic Honesty Plagiarism and cheating of any kind on an examination, quiz, or assignment will result at least in an "F" for that assignment (and may, depending on the severity of the case, lead to an "F" for the entire course) and may be subject to appropriate referral to the Office of Student Conduct for further action. See the UCF Golden Rule for further information. I will assume for this course that you will adhere to the academic creed of this University and will maintain the highest standards of academic integrity. In other words, don't cheat by giving answers to others or taking them from anyone else. I will also adhere to the highest standards of academic integrity, so please do not ask me to change (or expect me to change) your grade illegitimately or to bend or break rules for one person that will not apply to everyone. Missed Tests There will be no make-up exams*. If you miss one test, your final exam grade will be substituted for that test grade in calculating your final grade. If you miss two tests, you will have a 0 averaged into your test grades. Netiquette All students are expected to follow good rules of netiquette in all thier online transactions with other students and faculty in this course. Netiquette guidelines as defined by: http://www.albion.com/netiquette/corerules.html will be strictly enforced in this class. Any serious breach of netiquette can result in penalties ranging from loss of points on a particular assignment to recommendation for potential expulsion from the class or school. Syllabus Revision: This syllabus can be revised at any time by the instructor. Notification of changes will be made at least 1 week prior to the change taking affect. Disability Statement: The University of Central Florida is committed to providing reasonable accommodations for all persons with disabilities. This syllabus is available in alternate formats upon request. Students with disabilities who need accommodations in this course must contact the professor at the beginning of the semester to discuss what is needed. No accommodations will be provided until the student has met with the professor. Students who need accommodations must be registered with Student Disability Services, Student Resource Center Room 132, phone (407) 823-2371, TTY/TDD only phone (407) 823-2116, before requesting accommodations from the professor. Third-Party Software and FERPA During this course you might have the opportunity to use public online services and/or software applications sometimes called third-party software such as a blog or wiki. While some of these could be required assignments, you need not make any personally identifying information on a public site. Do not post or provide any private information about yourself or your classmates. Where appropriate you may use a pseudonym or nickname. Some written assignments posted publicly may require personal reflection/comments, but the assignments will not require you to disclose any personally identity-sensitive information. If you have any concerns about this, please contact your instructor. Class Schedule Session Assessments June 23 Multiple choice selfadministered pretest Assignment 1, Quiz 1 Quiz 2 June 25 June 30 July 2 July 7 Quiz 3 July 8 - 10 Multiple choice proctored exam. Chap 1-7. Regular testing: July 8, 9. Late Testing: July 10* Start Due Textbook Readings Date Date June 23 June 30 Chap 1 What is international business June 25 July 2 Chap 2-3 Understanding June 25 July 2 World Cultures June 30 July 7 Chap 4-5 Political, Legal environments Chap 6-7 Economic environments, International ethics July 7 July 14 International Ethics July 9 Assignment 3, Quiz 4 July 9 July 9 July 14 Assignment 4, Quiz 5 July 14 July 14 July 16 Assignment 5 Quiz 6 July 16 July 16 July 16 Chap 8-9 International trade, July 16 Governments influences on business July 21 Chap 10-11 Currency July 21 exchange, Exchange rate determination July 23 Chap 12 International strategy, July 23 Chap 13 Organizational Structure July 28 Country Data July 21 Country Data Quiz July 21 July 22 -24 Multiple choice proctored exam. Chap 8-13. Regular testing: July 22, 23. Late testing: July 24* July 23 Assignment 6, July 23 July 30 Chap 14-15 International Quiz 7 July 23 July 30 manufacturing/ logistics, International marketing. July 28 Quiz 8 July 28 July 30 Chap 16 – 17 International Human Resources, International accounting, International financial management. July 29 - Multiple choice proctored exam. 31 Chap 14-18. Regular testing: July 29, 30. Late testing: July 31* *See the testing lab schedule at the site you registered for to see the hours the lab is open and if you need a reservation.