Texas A&M University-Central Texas International Business TTR 6:00-9:00 8 weeks SPRING 2014 Founder’s Hall 1. Your Instructor Name: Michael DeLa'O, MBA, MMS President of Investments/Owner Stifel Nicolaus/Century Securities Cell: Home: 512-698-8894 512-591-7779 Email: mdelao3702@aol.com Instructor Background: Office Hours: Earned my BBA, MMS, and MBA at Tarleton State University. Have managed and owned restaurants for 10 years. Have been a stockbroker and financial analyst for 15 years. BY APPOINTMENT 2. Your Course Overview This course is designed to give the student a broader perspective of key concepts and issues in international business. Emphasis will be on the environment of international business and the operation of the multinational firm. We will discuss international business in general and specific terms. We will also discuss the international monetary system and forces, both controllable and uncontrollable, which affect international business. 3. Your Course Objectives Upon successful completion of this course, each student shall be able to: a. b. c. d. e. f. 4. 5. Recognize the reasons and methods of entering foreign markets. Identify and analyze various international organizations. Analyze the financial, social, and political forces affecting international business. Analyze the socio-cultural and legal environment of various countries. Analyze the composition, quality, mobility, and productivity of labor in various countries. Analyze the competitive forces in international business. Your Instructional Materials Text Donald A. Ball, Wendell H. McCulloch Jr., Paul L. Franz, J. Michael Geringer, and Michael S. Minor. (2006). International Business: The th th Challenge of Global Competition (12 or 13 ed.). New York: McGrawHill. Reference Only American Psychological Association (2001). Publication Manual of American Psychological Association (5th ed.). Washington, D.C. Your Performance Guidelines a. Attendance and Individual Performance: I ask for your regular participation in class discussion and activities, and for your timely completion of assignments. I intend that those who demonstrate quality, professional performance, will earn high grades. Lesser grades are earned by those who do not. Each of you can achieve a high grade if you so choose. Your timely attendance, preparation for and participation in class discussion, and timeliness of submission of assignments will be the basis for the grade you earn for class performance. I strongly encourage your attendance for each class. I recognize that not all students are able to attend each class session. I expect each student to take personal responsibility for making up missed subject matter and assignments. Reading/Assignments: Class meetings will consist of: review and lecture of assigned chapters. You are expected to study the material for each assigned chapter prior to coming to class. b. University e-mail Account: Each student must claim and use their university email account. All e-mail correspondence between all students and your instructor will be via that account or another e-mail designated by the instructor. Emails made to me are best if sent to my private email rather than the university email. c. Specifications for Written Assignments: All work submitted must be completed via the use of a computer and computer software. The format/style must that you use must be consistent with professional business practice. The Style Guide of the American Psychological Association is the standard we will use. All work will be submitted on 8.5" x 11" white bond paper, double-spaced, using size 12 Times New Roman fonts and the color black for wording. All margins will be 1" at the top, bottom, left and right sides. Items submitted are expected to be of collegiate quality, language, and depth. The quality of your work is a reflection of you; always present your best side. Quality work has a professional appearance and is free of spelling errors. Points will be deducted for poor grammar and wording, misspellings, appearance and improper submission. Be prepared to present your solutions in class. d. Written Assignments: Each student will pick a topic relating to international business. These selections will come from a business journal such as Forbes, Wall Street Journal, The Economist, Business Week, INC. You will be required to analyze the topic and write an abbreviated "substantive analysis" explaining this subject. You will develop your case in accordance with paragraph 5d above and format it in the manner set forth below. Your written paper must be six pages long (cover sheet (1 page), review (2 pages), critical analysis (2 pages), references (1 page)). I would like you to write a two-page review (summary) of the article and a separate two-page critical analysis of the article. Be sure to limit the Review/Summary to two pages and the critical analysis to two pages. I will read to the bottom line of the two page summary and the two-page critical analysis-but no further. Exceptional submissions will effectively: Review 1. Identify the issue(s) addressed by the article. 2. Show how the issue(s) and the information presented in the article are relevant to the study of international business. 3. Summarize the article identifying the "salient points" made by the author. Critical Analysis 4. Present your evaluation of the issues raised by the article and defend your position by citing your text and/or other relevant sources. 5. Describe and defend by illustration how objectively and thoroughly the author analyzed the issue(s) examined by the article. 6. Suggest alternative ways of addressing the issue(s) that the author may have overlooked. 7. Suggest possible related issues that the author may have missed. This exercise is designed to improve your ability to communicate effectively and to make sound decisions. This is a personal/individual assignment. The entire written paper must be a reflection of your work only. Oral Presentation: Students will make an oral presentation using MS PowerPoint. Your presentation will not be under 30 minutes in length. You must prepare MS PowerPoint slides for use in your presentation. Each group will explain to the class the nature of the International Business chapter. A copy of your written case and MS PowerPoint notes-slides with briefing notes affixed will be submitted to the instructor--in the classroom--prior to your oral presentation. The only briefing notes you may use during your oral presentation are MS PowerPoint notes-slides. Ten presentation points will be deducted if the presenter is not appropriately dressed. NOTES: 1. Late presentations will only be allowed as class schedule permits. On-time student presentations will have first priority. Late presentations will only be allowed as class schedule permits. 2. All oral presentations will be conducted in a professional manner, to include appropriate business dress. Men will wear slacks, shirt, socks, shoes, and tie (no jeans, boot pants, Levi's, sneakers, or bolo ties). Ladies will wear blouse with slacks or a skirt, or a dress, or ladies business suit with socks or stockings and either low or high-heeled shoes. Look like professionals! Timing will be strictly adhered to. There will be a ten-point deduction if: 1) Presentation runs more than one minute short or over; 2) Presenter is not appropriately dressed; and/or 3) Presenter uses briefing notes other than MS PowerPoint notes-slides. Proposal/Presentation: Each student will discuss and present an important international business topic and present an MS PowerPoint presentation. Each group will orally present their dilemma in class. Your oral presentation must be at least 20-30 minutes in length. Your team must research the business topic selected by your group/team. Your research must include several references and they all must be cited. Your PowerPoint slides and notes will be submitted to the instructor prior to your oral presentation. The only notes you may use in the conduct of your presentation are MS PowerPoint note-slides. Your group will each share in the presentation of this long proposal. The oral report will be not less than 30 minutes in length. Each group member will contribute to the produced report. Areas must be divided equally among the team members, and everything [research, assembly, organization, typing, preparation and typing of MS PowerPoint, and oral presentation]. Grading of the report and oral presentation will be a “Team Grade” shared alike and no individual grade will be given. e. Examinations: There will be three (3) examinations during the semester. All examinations are non-cumulative–each exam will include only materials covered in prior sections of the course with the exception of the final. Exams will be closed book and closed notes. All exams will be administered in class in accordance with paragraph 9 (schedule). There will be “NO” make-up exams without PRIOR permission. The final is subject to the discretion of the instructor and will encompass some aspects from all areas of the course. f. Scholastic Honesty: All students are expected to maintain the highest standards of scholastic honesty in work preparation, and in examinations. Plagiarism, collusion, and cheating will not be tolerated. 6. Changes to Syllabus A syllabus serves as an instructional and study planning document. It may become necessary to make changes during the course of this semester. In such an event, changes will be announced in class and students will receive written notice within 10 days of the change decision. 7. Grade Computation Grades will be calculated as follows: Letter Grade To A 90% 100% B 80% 89% C 70% 79% D 60% 69% F Below 60% Activity 8. From Points Percent of Final Grade Exams #1, 2, and 3 500 50% Individual Paper 200 20% Presentation 200 20% Attendance 100 10% Totals 1000 100% Students With Disabilities If you have or believe you have a disability, you may wish to self-identify. You can do so by providing documentation to the office of the Academic Dean of the Texas A @ M University System Center - Central Texas or to the Disability Services Director on the main campus room. The last day to request accommodations for each term corresponds to the last day for dropping a course with no record. I encourage students with disabilities to speak with me about accommodations they might need to help assure success in this class. Please see university attachment as well. 9. Course Outline and Assignments Dates are approximate. Many chapters may take more than one class period thus the calendar will move forward. Date Activity Subject Introduction/Syllabus 3/18 3/20 3/25 3/27 4/1 4/3 4/8 4/10 4/15 Intro GROUPS Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 4/17 4/22 4/24 4/29 5/1 5/6 Chapter 6 Chapter 7 Chapter 8 GROUPS GROUPS GROUPS Political Forces Labor Forces Understanding International Money Systems 5/8 5/8 Final Exam LAST DAY OF CLASSES Comprehensive ALL EXAMS MUST BE COMPLETE Challenging World of International Business International Trade Foreign Direct Investment International Institutions Sociocultural Forces Natural Resources and Environment Economics and Socioeconomic Forces TEST CALENDER IS A GUIDE SUBJECT TO CHANGE IN ACCORDANCE WITH THE NEEDS OF THE CLASS.