University of North Carolina at Greensboro



University of North Carolina at GreensboroBryan School of Business and EconomicsMGT 301-11D: Introduction to International BusinessSummer 2010 (June 24-July 29)This syllabus is subject to change as the semester progresses to accommodate instructional and/or student needs. Instructor: Nir Kshetri, Ph D, Email: nbkshetr@uncg.edu Teaching Assistant: TBA.Phone: 334-4530 Fax: 334-5580Office hours: Online Office location: 368 BRYANRequired TextHill, C.W., International Business: Competing in the Global Marketplace, 7th Edition or 8th EditionISBN: 0073381349 / 9780073381343 Prerequisite ECO 300Course catalog descriptionIntroduction to the environmental factors which increasingly cause businesses to become international in the scope of their activities. Nature of global business and multinational organizations analyzed.Special note Certain topics and course content appear in both the ECO 300 and MGT 301 syllabi. This replication of topics is meant to build your knowledge, understanding, and analysis of global issues facing economic policy makers in ECO 300 and business managers in MGT 301.Course overviewMGT 301 is an introductory undergraduate course in international business. It is a first course in international business. To that extent, it will provid an overview but not in-depth knowledge enough to become an expert in international business. Course ObjectivesSpecifically, this course seeks to: Understand the dimensions on which international business differs from a business that deals with a single economy; Provide basic understanding of how multinational corporations work;Introduce various theories related to international business;Provide tools to analyze environmental factors influencing international business; Familiarize with the functional operations in international business; Understand social and ethical issues and the future of international business. FormatThis online course requires you to participate in online discussion, take quizzes and exams online, doing assignments and analysing cases. A tentative outline of activities is provided in this syllabus. Evaluation ItemsOnline Attendance, Participation and Contribution (225 points)Blackboard is an important component of this course. You are expected to login regularly and post to the discussion topics (at least TEN posts are required). The purpose of online discussions is to supplement the materials covered in the textbook and in the learning area of the blackboard. Your posts enhance not only your own learning but also that of your fellow students. However, please feel free to post anything that contributes to our learning of International Business.The last day for posting on the discussion board is July 28, 2010. Please note that I will strictly follow this deadline. At the end of the session (before July 28, 2010), please copy all of your discussion board posts in ONE word document and email me. Make sure that each of your posts has the date you posted on the blackboard. Your posts are evaluated in terms of the following criteria: Have you done additional research and included source(s) of your information? Have you connected your posts with the current international business related events? Do your posts refer to other course participants’ posts (you need to do this in at least two of your posts)?Are your posts uniformly distributed throughout the session? Are they sufficient long (that is, about 2 paragraphs)? Quizzes (75 points) There will be THREE quizzes. Please inform the instructor immediately if you experience a technical problem in taking a test on the Blackboard. Exam 1 (100 points) More details about this exam will be available on the Blackboard. Please inform the instructor immediately if you experience a technical problem in taking a test on the Blackboard. Exam 2 (100 points) More details will be available on the Blackboard. Please inform the instructor immediately if you experience a technical problem in taking a test on the Blackboard. Exam 3 (275 points) Details will be announced on the blackboard. Please inform the instructor immediately if you experience a technical problem in taking a test on the Blackboard. Case Analyses (225 points) You are required to submit a written analysis of the following three cases. You need to summarize the case, answer the questions at the end and provide actionable and operational recommendations to the company.The first case carries 75 points. The second case carries 150 points. BYD: A Chinese success story (500-800 words)TCL case (1,000-1,200 words)Scoring System for the Final Grade The following scoring system will be used for the final grade. Score Grade Score Grade Score Grade 960-1000A+790 – 829B630 – 669C-930 - 959 A750 – 789B-590 – 629D+875 – 929A-710 – 749C+550 – 589D830 – 874B+670 – 709C0 – 549FTENTATIVE COURSE SCHEDULEWeekDateDetailRemarks1Globalization (Chapter 1 in Textbook, Unit 1 in Blackboard Learning Area)The globalization of market The globalization of production The emergence of global institutions Drivers of globalizationThe roles of technological changes The changing demographics of global economy The changing foreign direct investment picture The changing nature of multinational enterprises The global economy of the 21st century The globalization debate Managing the global marketplace 2National Differences in Political Economy (Chapter 2 in Textbook, Unit 2 in Blackboard Learning Area)Political system Economic system Legal system The determinants of economic development States in transition Differences in Culture (Chapter 3 in Textbook, Unit 3 in Blackboard Learning Area)What is culture? Social structure Religious and ethical structure Language Education Culture and the workplace Cultural change Ethics in International Business (Chapter 4 in Textbook, Unit 4 in Blackboard Learning Area)Ethical issues in International Business Ethical dilemmas The roots of unethical behavior Philosophical approaches to ethics Ethical decision making Quiz 1 (Will be available: 5 PM on June 29-5 PM on June 30). Exam 1 (Will be available: 5 PM on July 1-5 PM on July 3).3The Political Economy of International Trade (Chapter 6 in Textbook, Unit 5 in Blackboard Learning Area)Instruments of trade policyThe case for government intervention The revised case for free trade Development of the world trading system Foreign Direct Investment (Chapter 7 in Textbook, Unit 6 in Blackboard Learning Area)Foreign Direct Investment in the world economy Horizontal Foreign Direct InvestmentVertical Foreign Direct InvestmentRegional Economic Integration (Chapter 8 in Textbook, Unit 7 in Blackboard Learning Area)Levels of economic integrationThe case for regional integrationThe case against regional integrationRegional economic integration in Europe Regional economic integration in Americas Regional economic integration in elsewhere The Foreign Exchange Market (Chapter 9 in Textbook, Unit 8 in Blackboard Learning Area)The functions of the Foreign Exchange Market The nature of the Foreign Exchange Market Economic theories of exchange rate determination Quiz 2 (Will be available: 5 PM on July 5-5 PM on July 6).BYD case due (July 11)4Exam 2 (Will be available: 5 PM on July 15-5 PM on July 17).The Strategy of International Business (Chapter 12 in Textbook, Unit 9 in Blackboard Learning Area)Strategy and the firm Global expansion, profitability and profit growth Cost pressures and pressures for local responsiveness Choosing a strategyThe Organization of International Business (Chapter 13 in Textbook, Unit 10 in Blackboard Learning Area)Organizational architecture Organizational structure Control system and incentives Organizational change Entry Strategy and Strategic Alliances (Chapter 14 in Textbook, Unit 10 in Blackboard Learning Area)Basic entry decisionsEntry modes Selecting an entry modes Greenfield venture or acquisition?Strategic alliancesGlobal Production, Outsourcing and Logistics (Chapter 16 in Textbook, Unit 12 in Blackboard Learning Area)Strategy, production and logistics Where to produce?Strategic role of foreign factories Outsourcing production: make or buy decision 5Global Marketing and R&D (Chapter 17 in Textbook, Unit 13 in Blackboard Learning Area)The globalization of markets and brands Market segmentation Product attributes Distribution strategy Communication strategy Pricing strategy Configuring the marketing mix New product development Quiz 3 (Will be available: 5 PM on July 22-5 PM on July 23).6Exam 3 review/preparationTCL case due (July 28)Exam 3 (Will be available: 5 PM on July 28-5 PM on July 30).Slides are available in the “Course Document” section of the BlackboardInstructor Information Nir Kshetri is Associate Professor at Bryan School of Business and Economics, The University of North Carolina-Greensboro. Nir holds a Ph D in Business Administration from University of Rhode Island; an M.B.A. from Banaras Hindu University (India); and an M. Sc. (Mathematics) and an M. A. (Economics) from Tribhuvan University (Nepal). His undergraduate degrees are in Civil Engineering and Mathematics/Physics from Tribhuvan University. Nir is also a Visiting Professor at Bad Mergentheim Business School, Baden-Wuerttemberg, Germany and Transatlantik-Institut, Fachhochschule Ludwigshafen am Rhein, Germany. Nir’s previously held positions include faculty member at Management School, Kathmandu University (Nepal), visiting lecturer at Management School, Lancaster University (U.K.) and visiting professor at European Business School in Paris. During 1997-99, Nir was a consultant and a trainer for the Food and Agricultural Organization (FAO) of the United Nations, German Technical Cooperation (GTZ) and Agricultural Development Bank of Nepal. Nir is the author of The Global Cyber-crime Industry: Economic, Institutional and Strategic Perspectives (Springer-Verlag, Berlin, Heidelberg, New York: 2010) (). His another book titled The Rapidly Transforming Chinese High Technology Industry and Market: Institutions, Ingredients, Mechanisms and Modus Operandi (Caas Business School, City of London and Chandos Publishing: Oxford) was published in 2008 ( ). Nir’s works have also been published in journals such as Foreign Policy, European Journal of Marketing, Journal of International Marketing, Asia Pacific Journal of Marketing and Logistics, Journal of International Management, Communications of the ACM, IEEE Security and Privacy, IEEE Software, Electronic Markets, Small Business Economics, Journal of International Entrepreneurship, Electronic Commerce Research and Applications, Baltic Journal of Management, IT Professional, Journal of Health Organization and Management, Journal of Developmental Entrepreneurship, International Journal of Health Care Quality Assurance, Journal of Electronic Commerce Research, Journal of Computer Information Systems, Journal of Technology Management in China, First Monday, Pacific Telecommunications Review, Journal of Interdisciplinary Mathematics, Journal of Asia Pacific Business and International Journal of Cases on Electronic Commerce. He has also contributed chapters to several books including Outsourcing and Offshoring (Cambridge University Press, New York, 2010), Handbook of Technology Management (Wiley, 2010), In the wave of M&A: Europe and Japan (Kobe University, RIEB Center, Kobe, Japan, 2007), M-commerce in North America, Europe and Asia-Pacific: Country Perspectives (Idea Group Publishing, 2006), Encyclopedia of Information Science and Technology (Idea Group Publishing, 2005), Indian Telecom Industry - Trends and Cases (The ICFAI University Press, 2005), The Internet Encyclopedia (John Wiley & Sons, 2004); Wireless Communications and Mobile Commerce (Idea Group Publishing, 2003); The Digital Challenges: Information Technology in the Development Context (Ashgate Publishing, 2003); Architectural Issues of Web-enabled Electronic Business (Idea Group Publishing, 2003), Internet Marketing (2nd edition, Stuttgart, Germany: Schaeffer-Poeschel, 2001). Nir has presented over 95 research papers at various national and international conferences in Canada, China, Czech Republic, Dominican Republic, Greece, India, Italy, Japan, Nepal, New Zealand, Portugal, South Africa, South Korea, Sweden, Thailand, the Philippines, Tunisia and the U.S. He has also given invited talks at Harvard University, Cornell University, Duke University, Kobe University, University of Maryland (College Park), University of Pretoria and Temple University. In 2008, the Kauffman Foundation awarded Nir a grant to study Entrepreneurial Firms in OECD Economies. Nir was the winner of the 2008 Bryan School Teaching Excellence Award. He was also a finalist in the 2009 UNCG Alumni Teaching Excellence Award. Nir is two time winner of the Pacific Telecommunication Council’s Meheroo Jussawalla Research Paper Prize (2010 and 2008) and a finalist in the Management and Organization Review (MOR) Best Paper Award in the China Goes Global Conference organized by the Harvard University (October, 2008). Nir was also the runner up in the 2004 dissertation competition of the American Marketing Association's Technology and Innovations Special Interest Group and the winner of the 2001 Association of Consumer Research/Sheth Foundation dissertation award. He also won the first place in the Pacific Telecommunication Council’s Essay competition in 2001 and second place in the same competition in 2000. In May, 2006, the Information Resources Management Association (IRMA) presented Nir with the Organization Service Award for the Best Track Chair in the IRMA 2006 International Conference. Nir ranks 13th among the most popular authors of the NetAcademy Universe. Nir’s works have been featured in Foreign Policy’s Global Newsstand section (a publication of the Carnegie Endowment for International Peace), East-West Center News and in Providence Journal. He was pictured in the front page of Global Perspective, a publication of the Fox School’s Temple CIBER and Institute of Global Management Studies (Fall 2004). Nir has been quoted in magazines and newspapers such as Telecommunications, The Business Journal of the Greater Triad Area, Greensboro News and Record and High Point Enterprise. University of North Carolina at GreensboroBryan School of Business and EconomicsMGT 301-11D: Introduction to International BusinessSummer 2010 (June 24-July 29)Please submit this form by July 1, 2010. Your full nameThe name you preferred to be called Your hometown Your telephone numberYour class standing (Soph., Jr., Sr.) and majorYour educational and career goalOther information you would like me to know about you **********************************************************************I have read the syllabus, and understand that this class requires a significant amount of work. I meet the prerequisites for this class. I understand that if I have any questions, that I can contact Nir by email as listed on the first page of the syllabus. NameDate ................
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