MGMT3274 INTERNATONAL BUSINESS PROCESSES AND PROBLEMS

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1 THE UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE Belk College of Business MGMT3274 INTERNATONAL BUSINESS PROCESSES AND PROBLEMS Course Number: Course Tile: Prerequisites: Instructor: Classroom: Schedule: Office Room: Office Phone: Office Hours: Address: Text: Optional Readings: Management (MGMT) 3274 International Business Processes and Problems MGMT3140 Good geographic knowledge about the world Good spreadsheet (e.g., MS Excel) skills Some data mining and processing experience Exposure to foreign cultures Willingness to work hard in a team and off class Dr. Victor Zitian Chen [Homepage] Friday Building, 132 2:00pm-4:30pm Friday Building, Room 240C (or in campus) 1:00-1:45pm or by appointment Please make sure to put your session # in your subject: MGMT3274-section#. There is no required textbook. All the teaching materials will be posted on this website after the class. 1) Alan M. Rugman and Simon Collinson, International Business, 5 th Edition, Prentice Hall. 2) John H. Dunnin and Sarianna M. Lundan, Multinational Enterprises and the Global Economy (2008). Edward Elgar Publishing. You will also benefit by visiting regularly the following media: The Economist, The Financial Times, Wall Street Journal, Business Week Course Website: All the course materials (e.g., lecture slides) will be uploaded to this website. Course Description This course is designed as an introduction to the processes and strategies, institutions and environments, and barriers and problems with international business. The course will cover such topics as foundations for international business, 1

2 the environment of international business, processes and strategies of international business, and practical implications. Learning Objectives Upon completion of this course, students should: 1. Be able to demonstrate an understanding of the theoretical foundations of international business 2. Comprehend the effects of environmental factors (socio-political, cultural, economic, technological factor) on the processes of international businesses 3. Learn how to analyze and design global business operations and strategies Grading Policies In-Cass Review Quizzes, Open-book (4:15-4:30pm) 33% (1% x 3 Single Choice Questions x 11 Quizzes) Weekly Group Simulation Project with Professor Chen s Participation (3:30-4:15pm, one PPT slide due in class) 30% (3% each x 10 Projects) Final Exam, Open-book (2-4pm) 27% (1% x 27 Single Choice Questions totally 30 questions to choose from) Class Participation 10% (divided equally into attendance 5% and active discussion 5%) Each in-class review quiz is an individual work, and consists of three single-choice questions on the concepts, theories, formula, and models learned in that class. All quizzes are based in Canvas and will become available at 4:15pm. It normally takes no more than 15 minutes to finish. The class finishes officially at 4:30pm. But the quizzes will remain open for completion until 6pm if you decide to give more checks after class. You can check the course website for example questions for practice during the break of each class. Each weekly group simulation project is a hands-on experience to apply the concepts, theories, formula, and models learned in that class to a real business company of your own selection as a group. Each group should have four to five members so totally nine to ten groups in the class. Each week project is related to each other, so in the end, all slides bind together as a complete international business plan. Final exam is accumulative of entire semester, and as similar questions as weekly review quizzes. Again, it is openbook Make-up policies (new): If you have to miss a class, you need to write to me for approval before the class. If it is an emergency and thus you cannot notify me before class, you should notify me immediately after the emergency. You can still take regular review quizzes online between 4-6pm. To make-up your group project contribution, you can ask your team if you can prepare more materials or take on more work the next time in class. To make-up class participation or to earn extra credits into class participation, you can attend any international business-related events, and submit to me a one-page summary. If you have to miss online review quizzes, there will be a make-up quiz after final exam. Please check regularly World Affairs Council of Charlotte, Charlotte Chamber, International House, for events. I will also routinely post up information for international business-related events. Each event participation counts for (10/15)%, i.e., one class credit. Letter grades and numeric grades equate as follows for this course: A B

3 C D F <60 or violations of the University Policy 407, The Code of Student Academic Integrity All members of the course are expected to adhere to the University Policy 407, The Code of Student Academic Integrity. Violations of this code include but are not limited to: cheating, plagiarism, falsification and fabrication, multiple submissions, abuse of academic materials, and complicity in academic dishonesty. Violators will receive a failing grade and may risk suspension from the University. Additional details on the Code of Student Academic Integrity are available at Make-up Quiz There will be no make-up quiz, except emergent (life-death) causes. The Belk College of Business strives to create an inclusive academic climate in which the dignity of all individuals is respected and maintained. Therefore, we celebrate diversity that includes, but is not limited to ability/disability, age, culture, ethnicity, gender, language, race, religion, sexual orientation, and socio-economic status. 3

4 Course Outline and Schedule Week Date Topic Any quiz or group project 1 AUG 25 Orientation and international business environments 2 SEP 01 Multinational enterprises (MNEs) and their activities quiz 1 Example quiz 1 3 SEP 08 Sources of competitive advantages in international business: OLI paradigm 4 SEP 15 (Due date for forming your team) A closer look into ownership (O) advantages quiz 2 Example quiz 2 quiz 3 Example quiz 3 (Answers in Canvas for confidential information) Group project 1 5 SEP 22 A closer look into locational (L) advantages quiz 4 Example quiz 4 Downloads PPT1 PPT2 Largest MNEs PPT3 PPT4 PPT5 6 SEP 29 Academic exercise: How to access academic databases and find empirical evidence from scientific papers? How to draw current and reliable evidence to make international business decisions? 7 OCT 06 (Deadline for unsatisfactory grade) A closer look into internalization (I) advantages 8 OCT 13 Synthesis review 1 A practice using the OLI paradigm: Wells Fargo Investment Banking s nearterm global opportunities 4 Group project 2 Group project 3 quiz 5 Example quiz 5 Group project 4 quiz 6 Example quiz 6 Instructions Search Results PPT6 PPT7

5 9 OCT 20 Foreign contexts: A comparative institutional framework in action Group project 5 quiz 7 Example quiz 7 PPT8 Group project 6 10 OCT 27 Foreign economic contexts and risks quiz 8 Example quiz 8 Group project 7 11 NOV 03 Foreign legal-political contexts and risks quiz 9 Example quiz 9 Group project 8 12 NOV 10 Foreign socio-cultural contexts and risks quiz 10 (in Canvas) Example quiz 10 PPT9 PPT10 PPT11 13 NOV 17 Synthesis review 2 A practice on contextualizing a firm s advantages abroad: Wells Fargo Investment Banking s near-term global risks and strategic responses 14 THANKS GIVING BREAK NO CLASSES 15 DEC 01 A synthesis of the class and discussion on issues related to the final team presentations 16 DEC 08 Final Exam Group project 9 quiz 11 (in Canvas) Example quiz 11 Group project 10 PPT12 PPT13 *For more information of the university s academic calendar, see 5

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