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This course is designed to introduce students to fundamentals of international business.
The course is designed for those students who have a definite interest in pursuing a career in international business as well as those who seek a broadening of their knowledge in this growing and vital area. The course will combine a specific regime of academic pursuit and practical ‘know how'.
I. OBJECTIVES :The objectives of this course are...1. To introduce students to the contemporary issues in International Business that illustrate the unique challenges faced by manages in the international business environment.
2. To cover a broad range of international business issues from an interdisciplinary viewpoint and emphasizing the key concerns of the multinational and global corporation.
3. To assist students to develop a truly global perspective rather than just a U.S. viewpoint.
4. To assist students to integrate into their thinking the important societal dimensions of diversity, environmental concerns, ethics, and technological change.
5. To develop knowledge and skills to analyze cross cultural variables and their impact on international business.
Learning Outcomes:
After successful completion of the course, students should be able to:
1. Develop an understanding of important international business terms and concepts.
2. Identify the role and impact of cultural variables in international business.
3. Appreciate and integrate the ethical and societal dimensions of international business.
4. Recognize the impact of technology in opening up global markets and changing the ways in which international business is conducted.
5. Develop a truly global approach in identifying, analyzing and solving problems.
6. Prepare a professional risk assessment report on an industrial sector in a target country.Students with or without prior international business knowledge should benefit from the course.
II. COURSE DESCRIPTION:The class will consist of lectures conducted in seminar fashion, with regular student participation through presentations and group work. A typical class would consist of students synthesizing and presenting information acquired in the text chapter or assigned article. Discussion and in-class exercises will follow each presentation to further examine fundamental aspects of the global business concept.
Selected case studies will be assigned by the instructor. Students will be asked to read and analyze each case carefully. This will be followed by general class discussion.
1. General Session structure (1,5 hours):30 min. Presentation/discussion of chapter assigned to students OR presentation/discussion of reading from assigned article(s)/cases OR short quiz30 min. lecture/presentation of topic by the professor20 min. In-class exercise/case study/analysis and class discussion10 min. Summary, next steps, assignments
2. Guest speakers:As far as available, guest speakers will present varying aspects of global business, as experienced from the international company where they work. Students may query them on the subject matter covered in their presentation as well as what it was like to work in their particular company and country.
3. Textbook:Daniels, D. ‘Globalization and Business', Pearson/Prentice HallDaniels, D. Radebaugh, L.H. ‘International Business', 9th Ed. Pearson/Prentice HallBaker, J.C. ‘International Finance: Management, Markets and Institutions.' Pearson/Prentice HallHill, Charles W.L. "Global Business Today", Irwin/McGraw-Hill, 2001Articles, Internet back-up, supplemental research
4. Suggested daily and weekly reading:Text chapters, business cases and articles, as assigned (required)In French: Courier International, Les EchosIn English: Business Week, The Economist, Time,
5. Evaluation:• Participation 10%• Mid-term exam 30%• Business plan presentation 30%• Final Exam 30%
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