BUSINESS 1701B
Introduction to International Business
Fall 2012
Instructor
Wade Rose, PhD
Office
1007 Dunton Tower
Email
wade_rose@carleton.ca
Office hours
Monday 1:00 pm - 2:00 pm
Class
Monday 2:35 pm - 4:25 pm, 403 Southam Hall
Tutorial
Tuesday 8:35-9:25, C164 Loeb
Text
Global Business Today, 3rd Canadian edition, Charles Hill and
Thomas McKaig Boston: McGraw-Hill Ryerson, 2012.
Course Objectives
This course has three main objectives. The first is to introduce the student to basic
concepts and theories underpinning the context, operation and flow of international
business. This discussion includes the conduct of international trade, the institutions
and agreements that provide structure for global commerce and the organizations,
both large and small, which facilitate international business. This material is meant to
provide an integrated framework that allows the student to understand various aspects
of international business not as individual facts but as parts of a systematic whole.
This provides a basis for more advanced courses that address specific aspects of
international business and international management.
The second objective of the course is to heighten students’ awareness of current issues
in the field. Every country has to address concerns with international trade and
foreign investment. While many of these issues persist, their importance varies in
unpredictable ways. Since all the students in the class have embarked on a degree in
international business, they require an understanding not only of basic principles but
how they impact on countries, businesses and individuals on a daily basis. Discussion
in class, informal quizzes and country analyses will highlight these issues.
The third aim of the course is to refine students’ communication skills. Success in
university and in your later career will depend largely on your ability to communicate
your ideas clearly and convincingly. Facility in communication goes beyond being
able to read and write clearly. The capacity to reason clearly, to analyse complex
issues and to evaluate and integrate information from multiple sources is the basis for
effective communication. As part of the course you will write four papers of varying
2
length which will be evaluated on how well they are crafted as well as on their
content. Each paper will be critiqued with information provided on how they can be
improved. Students will also participate in an oral presentation.
Course Schedule
Note: On Saturday, November 24th, students will be required to participate in a two
hour block of presentations. Details and schedule will be arranged early in the term.
Week
0
Date
10 Sep
11 Sep
Topics/Agenda
Introduction & Course Outline
Overview of Business and the Firm
Tutorial
1
17 Sep
18 Sep
Globalization
Tutorial
Read: Text Ch. 1 including
cases
2
24 Sep
Country Differences in Political Economy
 Political, Economic and Legal systems
Tutorial (paper 1 due)
Read: Text Ch. 2 including
cases
Read: Text Ch. 4 including
cases
2 Oct
Ethics and Corporate Social Governance
in International Business
Tutorial
4
8 Oct
9 Oct
Thanksgiving – no class
Tutorial
5
15 Oct
16 Oct
Theories of International Trade
Tutorial (paper 2 due)
Read: Text Ch. 5 including
cases
6
22 Oct
23 Oct
The Politics of International Trade
Tutorial
Read: Text Ch. 6 including
cases
7
29 Oct
30 Oct
Foreign Direct Investment
Tutorial (paper 3 due)
Read: Text Ch. 7 including
cases
8
5 Nov
International Business in Developing
Countries
Read: (1) “Serving the
World’s Poor, Profitably”,
C.K. Prahalad and Allen
Hammond, Harvard
Business Review, 80 (9):
48-57, 2002.
(2) “Managing Risk in an
Unstable World”, Harvard
Business Review, 83 (6):
51-59, 2005.
25 Sep
3
1 Oct
The readings for this week are from
Harvard Business Review and can be
obtained electronically through the library.
6 Nov
Tutorial
Pre-class Prep
3
9
12 Nov
13 Nov
Regional Economic Integration
Tutorial (paper 4 due)
Read: Text Ch. 8 including
cases
10
19 Nov
20 Nov
24 Nov
The Foreign Exchange Market
Tutorial
On Saturday, students will be required to
participate in a two hour block of
presentations. Details and schedule will
be arranged early in the term.
Read: Text Ch. 9 including
cases
11
26 Nov
27 Nov
The International Monetary System
Tutorial
Read: Text Ch. 10
including cases
12
3 Dec
Exporting
Read: Text Ch. 13
including cases
Assignments and Assessment
Each of the four written paper assignments must be submitted into the
applicable electronic Drop-box in WebCT/CU Learning by 8:35 am on the day it
is due. Late papers will have two points per day deducted from their final mark.
Papers will not be accepted more than five days after they are due. For example,
the paper due on 16 Oct will not be accepted after 8:35 am on 21 Oct.
The weights for the five assignments in this course are given below. The first three
papers will be relatively short and on a subject that will be announced in class. The
fourth paper will be a more extensive analysis of a topic that will be assigned in class.
Each paper will be evaluated both for writing style and content/organization. The
grade will be assigned on content and organization, while writing style will be
evaluated as either satisfactory or unsatisfactory. If a paper is deemed as
unsatisfactory in terms of style, it will be returned for rewriting and the grade not
assigned until the paper has been revised satisfactorily. These papers must be revised
and resubmitted within a week of their return to you.
Students receive two grades for the group presentation which total 20% of your final
course grade. One reflects each student’s personal presentation performance (10%)
while the other is based on the content of the presentation as a whole (10%).
The final exam will cover material from the entire course. The date and time of the
final exam is set by the university and will be posted approximately half way through
the semester.
Individual Papers 1 through 3
Individual Paper 4
Group Presentation
Final Exam
10% each
20%
20% (10% individual and 10% group)
30%
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Required calculator in BUSI course examinations
If you are purchasing a calculator, we recommend any one of the following options:
Texas Instruments BA II Plus (including Pro Model), Hewlett Packard HP 12C (including
Platinum model), Staples Financial Calculator, Sharp EL-738C & Hewlett Packard HP
10bII
Group work
The Sprott School of Business encourages group assignments in the school for several
reasons. They provide you with opportunities to develop and enhance interpersonal,
communication, leadership, follower-ship and other group skills. Group assignments are
also good for learning integrative skills for putting together a complex task. Your
professor may assign one or more group tasks/assignments/projects in this course.
Before embarking on a specific problem as a group, it is your responsibility to ensure
that the problem is meant to be a group assignment and not an individual one.
Medical certificate
Please note that in all occasions that call for a medical certificate you must use or furnish
the information demanded in the standard university form.
http://www2.carleton.ca/registrar/forms/
Persons with disabilities
Students with disabilities requiring academic accommodations in this course must
register with the Paul Menton Centre for Students with Disabilities (PMC) for a
formal evaluation of disability-related needs. Documented disabilities could include
but are not limited to mobility/physical impairments, specific Learning Disabilities
(LD), psychiatric/psychological disabilities, sensory disabilities, Attention Deficit
Hyperactivity Disorder (ADHD), and chronic medical conditions. Registered PMC
students are required to contact the PMC, 613-520-6608, every term to ensure that I
receive your Letter of Accommodation, no later than two weeks before the first
assignment is due or the first in-class test/midterm requiring accommodations. If you
only require accommodations for your formally scheduled exam(s) in this course,
please submit your request for accommodations to PMC by the deadlines published
on the PMC website.
Religious observance
Students requesting academic accommodation on the basis of religious observance
should make a formal, written request to their instructors for alternate dates and/or
means of satisfying academic requirements. Such requests should be made during the
first two weeks of class, or as soon as possible after the need for accommodation is
known to exist, but no later than two weeks before the compulsory academic event.
Accommodation is to be worked out directly and on an individual basis between the
student and the instructor(s) involved. Instructors will make accommodations in a way
that avoids academic disadvantage to the student. Students or instructors who have
questions or want to confirm accommodation eligibility of a religious event or
practice may refer to the Equity Services website for a list of holy days and Carleton's
Academic Accommodation policies, or may contact an Equity Services Advisor in the
Equity Services Department for assistance.
Pregnancy
Pregnant students requiring academic accommodations are encouraged to contact an
Equity Advisor in Equity Services to complete a letter of accommodation. The student
must then make an appointment to discuss her needs with the instructor at least two
5
weeks prior to the first academic event in which it is anticipated the accommodation
will be required.
Plagiarism
The University Senate defines plagiarism in the regulations on instructional offenses as:
"to use and pass off as one's own idea or product work of another without expressly
giving credit to another."
Borrowing someone else's answers, unauthorized possession of tests or answers to
tests, or possession of material designed in answering exam questions, are also subject
to university policy regarding instructional offences. For more information on Carleton
University's Academic Integrity Policy, consult:
http://www1.carleton.ca/studentaffairs/academic-integrity/
Important Dates & Deadlines - Fall Term 2012
September 1, 2012

Last day for receipt of applications from potential fall (November) graduates.
September 3, 2012

Statutory holiday, University closed.
September 4, 2012

Fall term begins.
September 4-5, 2012

Academic Orientation. All students are expected to be on campus. Class and
laboratory preparations departmental introductions for students and other
academic preparation activities will be held.
September 5, 2012

Orientation for Teaching Assistants.
September 6, 2012

Fall and fall/winter classes begin.
September 19, 2012


Last day for registration.
Last day to change courses or sections for fall/winter and fall term courses.
September 30, 2012

Last day to withdraw from fall term and fall/winter courses with a full fee
adjustment.
6

Last day for receipt of applications for review of final grades in summer term
courses.
September 28-29, 2012

Summer deferred final examinations to be written.
October 5, 2012


University Day at Carleton. Undergraduate classes suspended.
December examination schedule (fall term final and fall/winter mid-terms)
available online.
October 8, 2012

Statutory holiday, University closed.
October 15, 2012

Last day for receipt of applications for admission to a degree program for the
2013 winter term from applicants whose documents originate from outside
Canada or the United States.
November 9, 2012

Last day to submit, to the Paul Menton Centre for Students with Disabilities,
Formal Examination Accommodation Forms for December examinations.
November 15, 2012

Last day for receipt of applications for admission to a degree program for the
winter term.
November 19, 2012

Last day for tests or examinations in courses below the 4000-level before the
final examination period (see Examination Regulations in the Academic
Regulations of the University section of this Calendar).
December 1, 2012

Last day for receipt of applications from potential winter (February) graduates.
December 3 (Monday), 2012




Fall term ends.
Last day of fall-term classes.
Last day for academic withdrawal from fall term courses
Last day for handing in term work and the last day that can be specified by a
course instructor as a due date for term work for fall term courses.
7


Last day for receipt of applications for degree program transfers for winter
term.
Last day for receipt of applications for admission to a degree program for the
2013 winter term.
December 4-5, 2012

No classes take place.
December 5, 2012

Last day for receipt of applications for degree program transfers for winter
term.
December 6-19, 2012

Final examinations in fall term courses and mid-term examinations in
fall/winter courses may be held. Examinations are normally held in the day
and evening during the Monday to Saturday period .In exceptional
circumstances, it may be necessary to schedule an examination on a Sunday.
December 16, 2012

Fall Co-op Work Term Reports due.
December 20, 2012

All take home examinations are due.
December 24, 2012 to January 1, 2013

University closed.