University of Missouri-Rolla s1

Missouri University of Science & Technology Department of Business and Information Technology

*This syllabus was used for Spring 2015, however, it is subject to change for subsequent semesters

Department Mission: “Capitalizing on the strong technological emphasis of Missouri University of Science & Technology (S&T), the Department of Business and Information Technology prepares professionals for careers in modern business organizations. The Department emphasizes management through technology with particular focus on information systems and their application in a fast-changing, global and competitive environment.

Through innovative instruction and research, the Department serves the economic interests of industry and the evolving needs of society. The Department provides distance education opportunities utilizing advanced learning technologies”

Course: Business 4675/6675 (International Business) Semester: Spring 2015 Days and Times: MWF (1:00-1:50) Room: Fulton 107 Instructor’s Name: Sarah Stanley, PhD Office Location: FH107H Office Phone: 573-341-7213 Email: [email protected] Cell Phone: 314-753-1555

Web Locations: http://people.mst.edu/faculty/stanleysm_profile.html http://www.linkedin.com/pub/sarah-m-stanley-haas/11/943/a2

Office Hours: Mondays (9:00 – 9:50) and Wednesdays (2:00-3:30) Feel free to drop by during office hours, or make an appointment. For questions that do not necessitate a meeting, it is usually best to contact me via E-mail, as I usually check my E-mail several times a day.

COURSE INFORMATION

Catalog Description: This survey course will deal with business concepts, analytical processes and philosophical bases for international business operations. Emphasis is on environmental dynamics, multinational business organizations, cultural and economic constraints, unique international business practices and international operations, strategy and policy.

Extended Description: This class is designed to teach you the basics of international business. It will outline the broad topic in an introductory way in order to expose you to many of the different facets of global commerce with a focus on cultural and environmental impacts.

Course Prerequisites: Prerequisite: MKT 311 or MKT 407 or Eng Mgt 251.

Required Materials:

1 Missouri University of Science & Technology Department of Business and Information Technology

Wild, John J. and Kenneth L. Wild. International Business: The challenges of globalization, 7th Edition, Pearson, 2014.

Instructional Methods: Lecture and practical experience are the primary modes of instruction.

Course Learning Objectives:

n g y k l r a o n g i i r o o t k l a O w n o c n i i n m o h n h a i t T u c e

a e l T c m a i T

c n m i n t u o i o r i C m t

C a n m e o m t r t C i o r Objectives f n W I Understand globalization and how it is impacting X X managerial decision making Develop a working knowledge of the globe as well as an appreciation of the importance of X X geography when conducting international business Appreciation for the ethical and social dilemmas X X X faced by international managers Discovery of the current issues facing global X X X business leaders Acquire knowledge of global business factors X including political, legal, cultural and economic environments

EVALUATION METHODS:

Exam 1 75 pts. Exam 2 75 pts. Exam 3 75 pts. Exam 4 75 pts. Quizzes 100 pts Assignment 1 75 pts Assignment 2 75 pts 550 points

Grading Scale

A ≥495 pts (≥90.0%) B 440 – 494 (80.0%-89.9%) C 385 – 439 (70.0%-79.9%) D 330 – 384 (60.0%-69.9%) F ≤329 (≤59%)

I do not round grades! If you want to know how you are doing in class add your points and refer to this scale.

Keep all graded material & grade feedback. If you believe I incorrectly scored something, see me as soon as possible. Once the final week of class has started I will not re-grade material that has been returned more than a week prior. This will encourage you to talk to me as problems arise and avoid the common problem of seeing me for ‘increased points’ as soon as you notice your final grade may be ‘bordering’ the next letter grade.

COURSE ASSIGNMENTS

All assignments must be typed and handed in on time. If you cannot be in class on the day an assignment is due, please put it in the drop box on Black Board, send it with a friend to class, or bring it by my office prior to class. This should not need to be said, but I need to emphasize the importance of citing sources. When paraphrasing, be careful, use quotes as needed and always thoroughly cite your sources.

Exams (4 Total) (75 points each)  20 multiple-choice questions (40 pts.)  7 short answer questions (35 pts.)  There are NO make-up exams unless you receive approval prior to the scheduled exam date.

Quizzes / Discussion Topics (10 Total)  Each is a geography quiz based on a region of the world  You will be asked to do the quiz online and print the results. You will need to take the quiz in “strict test mode” and your name needs be typed in before you print/save (i.e. not written on later). The results will be uploaded to blackboard (or turned in during class).  Quiz 1: Northern & Western Africa  Quiz 2: Eastern, Central & South Africa  Quiz 3: Asia  Quiz 4: Middle East  Quiz 5: South America  Quiz 6: Central America  Quiz 7: Caribbean  Quiz 8: Western Europe  Quiz 9: Eastern Europe  Quiz 10: Canada OR Oceania

Assignments (2 Total)

Assignment 1 (75 pts) You will need to do an oral presentation of your country to the class. You should focus on making it interesting, (i.e. making us want to visit there, study there, do business there, or simply learn more about it). You can use outside videos but they should take up no more than 5 minutes of your 10-15 minute presentation.

Assignment 2 (75 pts) You are to write a cultural expansion paper, approximately 3-4 pages. In order to write this you must do something to actively expand your cultural awareness. Some ideas include:  Reading a book about a culture or subculture you are not affiliated with  Attend a meeting or event for a sub culture to which you do not belong  Learn about another faith, cuisine, or a cultural ritual. Your paper should include answers to the following questions. Why did you pick this culture? Why did you choose this activity? What did you learn?

Guidelines for all assignments  All assignments must be typed.  I do not accept E-mailed assignments. Your assignments must be printed and turned in at the beginning of the class period or submitted via blackboard.  Late assignments will be penalized 5 points per day. After one week, the assignment will no longer be accepted.  Assignments should be comprised of information paraphrased from other sources, not full of direct quotes or ‘cut and pasted’ information/facts. When possible, use information from the book or items discussed in class to compose your analysis.

Attendance Points (? Points - Bonus Points Added to Exams)  Some days I will take attendance. I will add 1(or more) bonus points to your exam for each of the days that you are counted in attendance. Only those in class on time (and for the duration of the class) will be counted. So, if you arrive late or leave early, you won’t be included on the sign in sheet.  If you have an excused absence, that is fine, it won’t hurt you… but I am NOT adding bonus points to your grade regardless of the reason you missed class. It is simply too much record keeping/emails/hassle to document. If you are in class and accounted for, you get a point. Simple as that. No exceptions.  This is the only ‘bump’ in exam grades. No additional rounding, curving, etc.  This is also not applicable for distance students (on the flip side, distance students usually average better exam grades; so this policy should average out the section grades)

Participation Feel free to ask questions regarding any material covered in the lecture or in the reading material assigned for class. If you do not ask questions it is assumed that you understood everything perfectly!  If you have any relevant work experience or a good example that would add to the discussion… speak up! Examples help many students to better understand the material.  For each class, be prepared! You should have read all assigned material, as you may be asked questions regarding the readings.

Graduate Students  You will not do the quizzes. However, you will do a different set of assignments. You will also do the Cultural expansion paper assignment (assignment 2) for reduced points.  You will be expected to do the following case studies: o Envirofit International: Cracking the BoP Market (NA0306-PDF-ENG) (Due Date 2/11) o Mayo Clinic: The 2020 Initiative (615027-PDF-ENG) (Due Date 3/16) o Solvay Group: International Mobility and Managing Expatriates (409079- PDF-ENG) (Due Date 4/3) o EADS/Airbus: Vision 2020 (W14144-PDF-ENG) (Due Date 4/29)

Evaluation Methods:

Exam 1 75 pts. Exam 2 75 pts. Exam 3 75 pts. Exam 4 75 pts. Case 1 50 pts Case 2 50 pts Case 3 50 pts Case 4 50 pts Assignment 2 50 pts 550 points

 Feel free to ask questions regarding any material covered in the lecture or in the reading material assigned for class. If you do not ask questions it is assumed that you understood everything perfectly!  If you have any relevant work experience or a good example that would add to the discussion… speak up! Examples help many students to better understand the material. For each class, be prepared! You should have read all assigned material, as you may be asked questions regarding the readings

COURSE POLICIES AND GRADING

Attendance:  Some days I will take attendance. I will add 1(or more) bonus points to your exam for each of the days that you are counted in attendance. Only those in class on time (and for the duration of the class) will be counted. So, if you arrive late or leave early, you won’t be included on the sign in sheet.  If you have an excused absence, that is fine, it won’t hurt you… but I am NOT adding bonus points to your grade regardless of the reason you missed class. It is

simply too much record keeping/emails/hassle to document. If you are in class and accounted for, you get a point. Simple as that. No exceptions.  This is the only ‘bump’ in exam grades. No additional rounding, curving, etc.

Academic Dishonesty/Ethics/Integrity Statement (http://registrar.mst.edu/academicregs/index.html): Violations of the University’s academic code include, but are not limited to, possession of or use of unauthorized materials during quizzes or tests; providing unauthorized information to another student; or copying the work of another person. Violations may result in academic penalties in addition to receiving an “F” on the assignment in question. Page 30 of the Student Academic Regulations handbook describes the student standard of conduct relative to the University of Missouri System's Collected Rules and Regulations section 200.010, and offers descriptions of academic dishonesty including cheating, plagiarism or sabotage. Additional guidance for faculty, including the University’s Academic Dishonesty Procedures, is available on-line at http://ugs.mst.edu. Other informational resources for students regarding ethics, integrity and the student honor code can be found online at http://ugs.mst.edu/academicintegrity/studentresources-ai and http://stuco.mst.edu/about/honor-code.

Disability Support Services (http://dss.mst.edu/):

If you have a documented disability and anticipate needing accommodations in this course, you are strongly encouraged to meet with me early in the semester. You will need to request that the Disability Services staff send a letter to me verifying your disability and specifying the accommodation you will need before I can arrange your accommodation. If you have a disability that might require academic accommodations, please visit Disability Support Services in 204 Norwood Hall (341-4211; [email protected]) very early in the semester.

Classroom Egress Maps (http://registrar.mst.edu/links/egress/):

Please familiarize yourself with the classroom egress maps posted on line so you will know where emergency exits are located.

LEAD Learning Assistance (http://lead.mst.edu):

The Learning Enhancement Across Disciplines Program (LEAD) sponsors free learning assistance in a wide range of courses for students who wish to increase their understanding, improve their skills, and validate their mastery of concepts and content in order to achieve their full potential. LEAD assistance starts no later than the third week of classes. Check out the online schedule at http://lead.mst.edu/assist, using zoom buttons to enlarge the view. Look to see what courses you are taking have collaborative LEAD learning centers (bottom half of schedule) and/or Individualized LEAD tutoring (top half of the schedule). For more information, contact the LEAD office at 341-7276 or email [email protected].

COURSE OUTLINE

1 M January 19 No Class – Martin Luther King Jr. Day W January 21 Introduction (syllabus review) F January 23 Introduction (exercise) 2 M January 26 Globalization 1 W January 28 Globalization Q1 1 F January 30 National Bus. Environments 2 3 M February 2 Communicating in India: International Business Communication W February 4 International Trade/Investment Q2 3 F February 6 Presentation Day 4 M February 9 International Trade/Investment 3 W February 11 International Financial System Q3 4 F February 13 Presentation Day 5 M February 16 Exam 1 W February 18 International Trade Q4 5 F February 20 Presentation Day 6 M February 23 Business-Government Relation 6 W February 25 Business-Government Relation Q5 6 F February 27 FDI 7 7 M March 2 FDI 7 W March 4 Student presentations F March 6 Burma (Myanmar): A New Dawn 8 M March 9 Exam 2 W March 11 Economic Integration Q6 8 F March 13 Spring Recess! S M March 16 Economic Integration 8 W March 18 Strategy & Organization Q7 11 F March 20 Student presentations 10 M March 23 W March 25 SPRING BREAK!!!!! F March 27 11 M March 30 Student presentations W April 1 Analyzing Opportunities Q8 12 F April 3 Entry Modes 13 12 M April 6 Student Presentations W April 8 Entry Modes Q9 13 F April 10 Shady Chocolate Business 13 M April 13 Exam 3 W April 15 International Operations 15 F April 17 Cultural Awareness Project 14 M April 20 Presentation Day W April 22 Developing/Marketing Products Q10 14 F April 24 Developing/Marketing Products 14 15 M April 27 Hiring/Managing Employees 16 W April 29 Student Presentations F May 1 Hiring/Managing Employees 16 16 M May 4 Presentation Day W May 6 Exam 4 F May 8 Class De-Briefing