inb205 inb 205.doc

Syllabus

INB 205 Entire Course

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Course Topics & Objectives See eCampus.Week One: The Nature of International Business

Recognize how global driving forces affect international and domestic business. Defend arguments for and against trade restrictions. Support decisions for entering or avoiding a foreign market. Apply concepts of foreign investment to a potential venture. Week Two: International Institutions and Monetary Systems

Describe the relationship between international organizations and international business.

Describe the effects of regional grouping of nations on business.

Describe the positive and negative aspects of using the gold standard.

Compare and contrast the major foreign currency exchange (Fx) markets of the world.Week Three: International Environmental Forces

Estimate the impact of a countrys location, climate, topography, and natural resources on international trade.

Recognize how economic and socioeconomic forces affect a markets potential.

Recognize the major social, political, and legal forces that affect international business.

Define the role that ideological beliefs play in business.

Week Four: Financial and Labor Forces

Explain how financial and labor forces influence international business.

Explain how fluctuating exchange rates affect international business transactions.

Week Five: The Organizational Environment

Recognize the importance of strategic planning for international business.

Differentiate between the characteristics of domestic and international strategic planning.

Describe the criteria used to assess a market.

Determine whether or not a foreign market is a viable candidate for investment.

Week Six: Assessing and Analyzing Markets

Appraise a foreign market using a market screening process.

Week Seven: Marketing Internationally and Export/Import Practices

Compare and contrast domestic and international marketing. Identify considerations for importing or exporting a product. Recognize the documentation needed to export goods.

Week Eight: Strategic Planning and Organizational Design

Differentiate between domestic and international financial management.

Recognize the concerns of an international business when raising capital.

Explain the relationship between strategic planning and organizational design.Week Nine: Export Business Plan

Analyze a potential international business opportunity. Course Materials See eCampus.

Ball, D. A., McCulloch, W. H. Jr., Frantz, P. L., Geringer, J. M., & Minor, M. S. (2006). International business: The challenge of global competition (10th ed.). New York: McGraw-Hill.

Axia Colleges Writing Style Handbook, available online at https://axiaecampus.phoenix.edu/Writing_Style_Handbook_AxiaUOP.pdfAll electronic materials are available on your student Web site.Supplemental Resources

The online resources to accompany the book are not required for any assignment; however, the Web site follows the text and provides interactive exercises, review materials, and research tools.

http://www.mhhe.com/ball10ePoint Values for Course Assignments

ASSIGNMENTSPoints

Individual (100%)

CheckPoint: Foreign Investment Presentation (Week 1)25

Discussion Question (Week 1)10

Participations (Week 1)40

CheckPoint: International Relationship Table (Week 2)25

Assignment: Foreign Exchange Markets Summary (Week 2)100

CheckPoint: South Korea Sociocultural Report (Week 3)25

Discussion Questions (Week 3)10

Participation (Week 3)40

CheckPoint: Exchange Rates Research (Week 4)25

Assignment: Introduction to International Labor Memo (Week 4)100

CheckPoint: Population Growth Rates Report (Week 5)25



CheckPoint: Market Screening for Final Project (Week 6)25

Assignment: Wal-Mart Takes on the World Minicase (Week 6)100

CheckPoint: Export Documentation Matrix (Week 7)25



CheckPoint: Ch. 20 Questions (Week 8)25

Assignment: Lunch and Learn Presentation (Week 8)100

Capstone Discussion Question (Week 9)10

Final Project: Export Business Plan (Week 9)150


Total1000

WeekOne

The Nature of International Business

Recognize how global driving forces affect international and domestic business. Defend arguments for and against trade restrictions. Support decisions for entering or avoiding a foreign market. Apply concepts of foreign investment to a potential venture. Course Assignments

1. Course Preparation Read the course description and objectives.

Read the instructors biography and post your own. 2. Readings Read Appendix A. Read Ch. 15 of International Business: The Challenge of Global Competition.

3. CheckPoint: Foreign Investment Presentation Consider the following scenario: You work for a company who manufacturers skateboards. Until now your company has only sold their skateboards domestically, but now the CEO is interested in exporting the skateboards to Australia. The CEO asks you to design a Microsoft PowerPoint presentation to present at the next board of directors meeting. This presentation serves to educate the directors in the matters of foreign investment and international investment theory. At the end of the presentation, you must make a recommendation of whether you think the company should enter the foreign market and support your decision with solid information. Create a 5- to 7-slide Microsoft PowerPoint presentation that includes detailed speakers notes. The presentation must meet all of the requirements set forth in the above scenario.

Include a reference slide in APA format.

Post the presentation as an attachment. 4. Discussion Questions

Describe the driving business forces in both the foreign and domestic environment. In what ways do they operate differently? Why? Provide an example. What are some of the common arguments for and against trade restrictions? Choose a position and describe why you think it is valid. Respond to a classmate who has selected a position that is different from yours. Did they provide valid rationale for their position? Why or why not?

Weekly Reminders

Discussion Questions Discussion question responses will not count towards the class participation requirement and will be evaluated separately. ParticipationOnly posts in the Main classroom forum will count towards your class participation score. As you reply to others initial DQ responses by asking questions, adding ideas, or making connections to the readings, you are creating the substantive messages that count toward your participation grade.Summary of Week 1 Deliverables

AssignmentLocationDue

Discussion Question 1 (Week 1)Main ForumDay 2 (Tuesday)

Discussion Question 2 (Week 1)Main ForumDay 4 (Thursday)

ParticipationMain ForumOngoing (4 days per week)

CheckPoint: Foreign Investment PresentationAssignments LinkDay 5 (Friday)

WeekTwo

International Institutions and Monetary Systems

Describe the relationship between international organizations and international business.

Describe the effects of regional grouping of nations on business.

Describe the positive and negative aspects of using the gold standard. Compare and contrast the major foreign currency exchange (Fx) markets of the world.Course Assignments

1. CheckPoint: International Relationship Table Resources: Appendix B, www.un.org, and www.wto.org

Complete the table and follow-up questions in Appendix B.

Post the appendix as an attachment.

2. Assignment: Foreign Exchange Markets SummaryYou have now learned about the worlds major foreign exchange marketsLondon, New York, Tokyo, and Singaporeand read about the history of the gold standard. Because fluctuating currency rates are an important aspect of international dealings, knowing how foreign exchange markets function will help ensure your success in the international business market.

Consider the following scenario: You have been asked by a local college to write a lecture that explains the gold standard and addresses the functions of the worlds major foreign exchange markets.

Write a 1,050-to 1,400-word summary detailing the functions of the worlds major foreign currency exchange markets. Discuss the positive and negative aspects of using a gold standard.

Include at least three sources.

Format your paper according to APA standards.

Post the assignment as an attachment.

Weekly Reminders

Discussion Questions Discussion questions are not required this week.

ParticipationParticipation is not required this week.

Summary of Week 2 Deliverables


CheckPoint: International Relationship TableAssignments LinkDay 4 (Thursday)

Assignment: Foreign Exchange Markets SummaryAssignments LinkDay 7 (Sunday)

WeekThree

International Environmental Forces

Estimate the impact of a countrys location, climate, topography, and natural resources on international trade.

Recognize how economic and socioeconomic forces affect a markets potential.

Recognize the major social, political, and legal forces that affect international business.

Define the role that ideological beliefs play in business.

Course Assignments

1. Readings Read Ch. 610 of International Business: The Challenge of Global Competition.

2. CheckPoint: South Korea Sociocultural Report

Consider the following scenario: Your company wants to begin exporting to South Korea. Your boss has asked you to do some research regarding the local customs, culture, and business habits of the country.

Develop a 5- to 7-slide Microsoft PowerPoint presentation addressing sociocultural differences between the United States and South Korea.

Describe the most significant differences that may affect business interactions.

Address ideological beliefs, thoughts on the stability of the government, and South Koreas Corruption Perceptions Index.

Include detailed speaker notes and an APA-formatted reference slide.

Post the presentation as an attachment.

3. Discussion Questions

Choose one of the newly industrializing countries mentioned on p. 102 of International Business, and then select a product you think would be suitable to export to the country you chose based solely on that countrys location, climate, topography, and natural resources. Answers to the following questions: What effect might the economic and socioeconomic forces within that country have on the products potential? Explain the rationale behind your decisions. Respond to your classmates posts by debating the rationale behind their choices.

Discuss in detail the importance of government stability and policy continuity to international business. How would this impact your decision to enter a potential market? Provide an example of a country that is known to have an unstable government or lacks policy continuity and how it has impacted international business and/or foreign investment.Weekly Reminders

Discussion Questions Discussion question responses will not count towards the class participation requirement and will be evaluated separately.

ParticipationOnly posts in the Main classroom forum will count towards your class participation score.

As you reply to others initial DQ responses by asking questions, adding ideas, or making connections to the readings, you are creating the substantive messages that count toward your participation gradeSummary of Week 3 Deliverables





CheckPoint: South Korea Sociocultural ReportAssignments LinkDay 5 (Friday)

WeekFour

Financial and Labor Forces

Explain how financial and labor forces influence international business.

Explain how fluctuating exchange rates affect international business transactions.

Course Assignments


2. CheckPoint: Exchange Rates Research Complete Research Task 1 on p. 349 in International Business, using the information in Figure 11.1 on p. 328.

Describe your findings in a 200- to 300-word response.

3. Assignment: Introduction to International Labor Memo Consider the following scenario: Your company sells its products in many different countries. The director of exporting and trade has decided to take on a number of interns over the summer to help the company communicate with its outlets within the various foreign countries. The interns, who are studying to get their associate degrees in business, are going to need an introduction to international labor if they are going to be able to communicate with the various countries.

Write a 350- to 700-word memo explaining the basics of how labor forces influence international business.

Include information on labor quality, quantity, and mobility, as well as minorities, the labor market, and labor unions.

Post the memo as an attachment.

Weekly Reminders


ParticipationParticipation is not required this week.Summary of Week 4 Deliverables


CheckPoint: Exchange Rates ResearchAssignments LinkDay 4 (Thursday)

Assignment: Introduction to International Labor MemoAssignments LinkDay 7 (Sunday)

WeekFive

The Organizational Environment Recognize the importance of strategic planning for international business.

Differentiate between the characteristics of domestic and international strategic planning.

Describe the criteria used to assess a market.

Determine whether or not a foreign market is a viable candidate for investment.

Course Assignments


2. CheckPoint: Population Growth Rates Report Resources: Population Growth Index at http://www.prb.org/pdf05/05WorldDataSheet_Eng.pdf; and FDI Confidence Index at http://www.atkearney.com/images/global/pdf/FDICIOct_2004_S.pdf

Consider the following scenario: Your company has developed a product that is all but guaranteed to be successful in any country that has a substantial population. The sales and marketing department would like you to do some research and find out what countries would be the most ideal markets for your new product. You must present your findings at a meeting with the board of directors.

Compile a list of the top ten countries according to population size and include the average population growth rates.

Add the potential return of FDI of the top country on the list.

Create a 1- to 2-page handout describing your findings, to distribute during your business meeting.

Include references formatted according to APA standards.

Post your handout as an attachment.


Explain why you think international strategy is important. What is the difference between domestic and international strategic planning? Respond to your classmates thoughts as well as posting your own.

Describe two criteria used to assess a market's potential for a new product. Based on these criteria, what are the steps the managers of a global company need to take in order to decide whether a foreign market is a viable market in which to introduce a new product?

Weekly Reminders



As you reply to others initial DQ responses by asking questions, adding ideas, or making connections to the readings, you are creating the substantive messages that count toward your participation grade.Summary of Week 5 Deliverables





CheckPoint: Population Growth Rates ReportAssignments LinkDay 5 (Friday)

WeekSix

Assessing and Analyzing Markets

Appraise a foreign market using a market screening process.

Course Assignments

1. CheckPoint: Market Screening for Final Project Resources: McGraw-Hill/Irwins Business Around the World site at http://auth.mhhe.com/business/management/businessAroundTheWorld/enter.html, and Appendix A

Visit Business Around the World at http://auth.mhhe.com/business/management/businessAroundTheWorld/enter.html to select a region and country to review for your final project.

Inform your instructor of the country and product you chose for the final project.

Complete the market screening portion of your final project using the sources of information that relate to your selected country found on the Business Around the World Web site.

Summarize your findings in a 200- to 300-word response.

Address the following topics in your response:

Basic need potential

Import restrictions

Price controls

Government and public attitude toward buying American products

Include references from at least three sources formatted in APA format.

2. Assignment: Wal-Mart Takes on the World Minicase Resources: pp. 407409 & 426427, and Ch. 14 of International Business

Read pp. 407409, Wal-Mart Takes on the World.

Consider the following scenario: Your boss, the CEO of Wal-Mart, is interested in expanding operations into India. You have been asked to prepare a presentation for the company stakeholders that will inform them of the status of the market in India.

Create a 7- to 12-slide Microsoft PowerPoint presentation detailing the findings of the screening process you use to analyze the market in India. At the end of your presentation, you should make a recommendation whether or not Wal-Mart should enter the market in India. Support your recommendation with data from your screening of the market.

Include speakers notes to provide detailed factual information.

Include a reference slide using at least three sources in APA format.

Post your presentation as an attachment.Weekly Reminders





CheckPoint: Market Screening for Final ProjectAssignments LinkDay 4 (Thursday)

Assignment: Wal-Mart Takes on the World MinicaseAssignments LinkDay 7 (Sunday)

WeekSeven

Marketing Internationally and Export/Import Practices

Compare and contrast domestic and international marketing.

Identify considerations for importing or exporting a product. Recognize the documentation needed to export goods.

Course Assignments


2. Assignment: Export Documentation Matrix Resources: Appendix C and Ch. 16 in International Business Complete the documentation forms and functions matrix.

Post your matrix as an attachment.


Consider the marketing mix. How does the marketing mix differ in the domestic and international environments? How is it the same? Should international marketing managers standardize the marketing mix? Why or why not?

There are many reasons a company would choose to export their products to a different country. Likewise, there are also many reasons a company would choose to import products from another country. Imagine that you are the manufacturer of a product. What are two potential reasons you may choose to export your product rather than selling it only in the United States? Provide a brief description of the product you are exporting in your response. When responding to your classmates, imagine that you are involved with a company that is interested in importing their product into your country. What are a few of the reasons you would or would not choose to import their product?Weekly Reminders








CheckPoint: Export Documentation MatrixAssignments LinkDay 5 (Friday)

WeekEight

Strategic Planning and Organizational Design

Differentiate between domestic and international financial management.

Recognize the concerns of an international business when raising capital.

Explain the relationship between strategic planning and organizational design.

Course Assignments


2. CheckPoint: Ch. 20 Questions Answer the questions in Appendix D.

Post your answers as an attachment.

3. Assignment: Lunch and Learn Presentation Consider the following scenario: You have been asked by the director of your department to put together a Lunch and Learn Presentation wherein you present to your coworkers an introduction to the concepts of international strategy and organizational design.

Create a 10- to 15-slide Microsoft PowerPoint presentation.

Address the following topics:

The relevance of international strategy to businesspeople

The global strategic planning process

Prediction of changes in the business environment affecting strategic planning

Explain the relationship between strategic planning and organizational design

Assess the types of controls in an international company

Include detailed speaker notes and an APA-formatted reference slide.

Post your presentation as an attachment

Weekly Reminders





CheckPoint: Ch. 20 QuestionsAssignments LinkDay 4 (Thursday)

Assignment: Lunch and Learn PresentationAssignments LinkDay 7 (Sunday)

WeekNine

Export Business Plan

Analyze a potential international business opportunity.Course Assignments

1. Capstone Discussion Question In what ways has this course changed how you view international business dealings? Which topic was most relevant for you, and how might you apply what you have learned?

2. Final Project: Export Business Plan Consider the following scenario: You own your own company and would like to go global. Research a potential market and product to get your export operations started and present your findings to potential investors.

Create a 15- to 20-slide Microsoft PowerPoint presentation with one reference slide and detailed speakers notes.

Include at least three resources besides the textbook, and format the references according to APA standards.

Explain why and how you made your decision to export to the market you chose.

Refer to the outline in Appendix A, and the information you gathered throughout the course to complete the assignment.

Post your final project as an attachment.

Weekly Reminders





Capstone Discussion Question (Week 9)Main ForumDay 3 (Wednesday)


Final Project: Export Business PlanAssignments LinkDay 7 (Sunday)

inb205 inb 205.doc

Documents

international marketing

international trade

international institutions

international organizations

domestic business

participations week

foreign market

export business plan