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1 Instructor
Dr. Muhammad Mohiuddin, mmohiuddin@tru.ca
Office: IB 2034
Tel.: +1-250-828-5237
Office hours: Monday 14:30-16:00 and Wednesday 14.30-16.00 (or, by appointment)
2 Calendar Description
Students examine globalization and the steps managers take to establish or expand operations in
international markets. They explore the influence of forces such as culture, economics, politics, and
geography on management decision making. Topics include globalization; national differences in political
economy; political economy and economic development; differences in culture; ethics in international
business; international trade theory; the political economy of international trade; foreign direct
investment; regional economic integration; the foreign exchange market; international business strategy;
organization of international business; entry strategy and strategic alliances; global production,
outsourcing and logistics; global marketing and research and development.
3 Educational Objectives/Outcomes
Upon completing this course, students will be able to:
1. Explain the different challenges business face when they operate in an international environment
(BT: 2*)
2. Examine the international institutions and practices that impact international business (BT: 4*)
3. Analyse the various cultural, political and legal issues that impact international business activity
(BT: 4*)
4. Appraise the interaction of business and government as they relate to international commerce
(BT: 5*)
5. Identify the economic and political arguments for regional economic integration and the
implications for business that are inherent in regional economic integration agreements (BT: 2*)
6. Explain trade and investment theory, foreign exchange and the determination of foreign exchange rates (BT:
2*)
7. Demonstrate how pressures for cost reductions and pressures for local responsiveness influence
strategic choice (BT: 2*)
1 Course Topics
1. Globalization
a. What is globalization?
b. Emergence of global institutions
c. Drivers of globalization
d. Changing demographics of the global economy
e. Globalization debate
f. Managing in the global marketplace
2. National differences in political economy
a. Political systems
b. Economic systems
c. Legal systems
3. Political economy and economic development
a. Differences in economic development
b. Political economy & economic progress
c. States in transition
d. Nature of economic transformation
4. Differences in Culture
a. What is culture?
b. Social structure
c. Individual & groups
d. Religious & ethical systems
e. Language
f. Education
g. Culture & workplace
h. Culture change
5. Ethics in international business
a. Ethical issues in international business
b. Ethical dilemmas
c. Roots of unethical behavior
d. Philosophical approaches to ethics
6. International trade theory
a. Overview of trade theory
b. Mercantilism
c. Absolute advantage
4 Prerequisites
ECON 1950; MKTG 2430/3430
5 Texts/Materials
1. International Business – Competing in the global marketplace by Charles W. L. Hill, 10th
Edition: McGraw-Hill Companies, Inc., 2013, New York, NY. ISBN-13: 978-0078112775.
Sept. 16 L
3 Differences in Culture 4
(Sept. 18) R
Sept. 23 L Ethics in international business
4 5
(Sept. 25) R
Sept. 30 L International trade theory
5 6
(Oct. 02) R
Oct. 7 Mid-term Exam (Oct. 23 from 19:00 to 20:45 pm) based on chapters 1 to 5.
6 L, R
(Oct. 9)
Students are expected to regularly attend classes in this course. Students who miss 3 or more classes will
be withdrawn from the course, according to policy of the department of Marketing, International Business
and Entrepreneurship.
Both attendance and participation are required. However, active participation in class discussions/debates
is required to get full marks for the participation. Quality of the question asked and answered or
comments made will be taken into consideration for grading of the participation.
You will be graded on your class attendance and participation. In order to improve levels of participation,
students are required to read the material in advance for every class.
Learning depends upon thorough and lively participation. Research has found that vibrant discussion of a
given subject matter is one of the most effective methods of learning the subject. Consequently, you are
expected to come to each class prepared to discuss the material assigned for that day. The primary
emphasis should be on quality participation, not quantity. It is particularly important that your comments
fit into and build on previous comments. This requires that we all listen carefully to each other. Class
participation will be judged on the basis of quality and consistency of effort on a weekly basis. Students
should note that attendance is not participation. Each student can ascertain the adequacy of her/his
participation by occasional discussion with the instructor.
The following schedule is used as a guideline when assessing your class participation in order to improve
your learning experience in the class.
Attendance will be taken regularly throughout the course immediately at the start of the class. Please
note that every class starts promptly as scheduled and the attendance will be taken at that time. Each
absence will reduce student’s grade by 1%. If the student is not present when the attendance is taken,
the student will be counted as absent.
9 Group Project
The group project is a team assignment on selected topics (Internationalization of a product, service or
firm in a targeted foreign market). The group project is expected to be written in a style that is appropriate
for a university essay assignment, not more than 5 pages (excluding references, relevant tabulations,
appendices etc.), single spaced, font Times New Roman size 12 and it must not consist bullet-point lists.
The written report of group project should include five main parts:
(1) Executive Summary
(2) Introduction
(3) Business opportunities.
(4) Challenges and Strategies to overcome those challenges.
(5) Conclusion.
In the Introduction section you are expected to explain the purpose and objectives as well as the roadmap
(i.e. what are the main points) of the paper. If a position is expected to be taken that should also be
included in the introduction section. In the body of the written report you are expected to cover the main
points of your discussions (differences of business cultures and impact on managerial approaches and how
to develop effective management practices in a targeted foreign country) in a logical, concise and
comprehensive way. In the conclusion section you are expected to summarize the key findings of your
analysis. It is expected that you use proper format for quotations and referencing. In addition the written
report should be free of errors in spelling and punctuation.
Course Outline IBUS 3510 International Business Page 6
Please note that this course has three learning goals and objectives; i.e 1) Critical thinking and decision
making; 2) Global Awareness and 3) Communication skills. Both during the presentation and in written
report, students must develop those capabilities and demonstrate their understanding. Thirty percent
(30%) of the overall marks of the assignment depend on demonstrating these capabilities.
As regards to the referencing and bibliography are concerned Harvard or APA referencing systems are the
preferred. The written report should include a concise executive summary and table of contents. Please
include reasonable amount of diagrams, and tables (which may also be included in an Appendix).
Students should form a group comprising a minimum of 3 people and a maximum of 4 people. Each
group should select two culturally different countries and get my approval. They need to make 25
minutes power point presentation from Week 5 onwards and lead a 10 minutes question and answer
session. The date for presentation will be assigned with the approval of the “topic”. Students will be
given a structure to the work within Week 1/2.
10 Case Analysis
Students are also required to do a case analysis in a team of 3 or 4 students. Each team will submit a
written analysis and make a presentation in the class. It should be no more than 5 pages with an executive
summary in the beginning. I will provide you choice of 10 cases and you can choose any case from the
list of 10 cases. In a case analysis, students’ role is like a consultant and they might bring innovative
solutions to the challenges facing by the case. These solutions should be practical solutions that could be
implemented with the financial, human and other resources that the company have or have access to. The
written structure of the case:
a) Executive Summary
b) Introduction
c) Responses to challenges facing by the company.
d) Implementation of recommended solutions
e) Conclusion
Note: If you must miss the exam, or an assignment deadline due to a serious medical problem, please
phone or email the professor prior to the exam or due date to re-schedule. A doctor’s certificate will be
required.
Students may be asked for identification when writing the mid-term test and final examination, so
students should bring their student card to tests and exams to be used as identification.
Students are referred to the University Calendar for information on appeals, withdrawal dates, plagiarism,
cheating, and academic misconduct. Students are expected to abide by these regulations of Thompson
Rivers University.
12 Use of Technology
Students may use laptop computers or electronic devices in the classroom for purposes of taking notes,
reading the electronic textbook, or looking up course-related information. Students may not use laptop
computers or electronic devices in the classroom for non-course related purposes. Students are asked to
turn off their cell phones during classes.
13 Assignment Grading
The grading for assignments and the examination is in accordance with the following University policy:
Letter Grade
Grade Descriptor
Grade Points
A+ 90-100 4.33 Excellent. Superior performance showing comprehensive, in-depth
A 85-89 4.00 understanding of subject matter. Demonstrates initiative and fluency of
A- 80-84 3.67 expression.
‘Wherever you go, go with all your heart’ (Old Chinese proverb)
As you are a student at Thompson Rivers University shows that you are have an interest in learning,
enhancement of your skills in your profession. Due to the fact that there is only a limited time in this class
to cover the multifaceted topics in Cross-cultural management, the following includes a list of policies
and items that will help you complete this course more successfully:
Participate in the class introduction activity on the first day of class.
Submit all assignments and take the exams and quizzes by the posted due dates and times.
Check your emails daily.
Put your first and last name and your course number, on each of the emails you send to your
professor. Include also a telephone number if necessary.
Participate fully in all class discussions. Here it is important that you have read the assigned book
chapter and other readings in advance. The interaction enables you to take the most out of the class.
Contact your professor (preferably by email) if you have questions about an assignment or
need additional help completing your work successfully.
Academic dishonesty is grounds for dismissal from the program.
Get to know your fellow students. They can add a great deal of value to your learning by
sharing knowledge and practical experience.
Reflect after each class session what you have actually learned in the class and how you might
apply your learning in a real life situation. Research has indicated that adult learners need to
Students enrolled in courses at Thompson Rivers University are expected to adhere rigorously to principles
of intellectual integrity. Plagiarism is a form of intellectual dishonesty in which another person's work is
presented as one’s own. Plagiarism or cheating on examinations or assignments is a serious offence that may
18 Course policies
1. Grading Policy – In accordance with TRU Policy ED 3-5.
2. Attendance Requirements – Students are expected to regularly attend classes in this course.
Students who miss 3 or more classes will be withdrawn from the course, according to policy of the
department of Marketing, International Business and Entrepreneurship.
3. Team Conflict Policy – All team members should actively participate in the assignments, and act
professionally towards each other. During the course, if a student feels this is not occurring, they
should bring this matter to the attention of the instructor immediately so they can investigate the
conflict and take the appropriate action including assigning students a failing grade for the course.
Working effectively in teams and acting professionally towards one’s colleagues is a major
learning goal of the undergraduate program.
4. Academic Integrity Policy – In accordance with TRU Policy 5-0.
5. Late Assignment Policy – A grade of zero will be given for all late assignments.
6. Examinations Policy – In accordance with TRU Policy ED 3-9.
7. Appeals – In accordance with TRU Policy ED 4-0.
Language Uses words that are unclear, sentence Word forms are correct, sentence structure Develops concise standard English
structures inadequate for clarity, errors are is effective. Presence of a few errors is not sentences, balances a variety of sentence
seriously distracting distracting. structures effectively.
Members do not listen to each other and For the most part, listen to each other Group encourages all members to present
Cooperation
have difficulty working together. and work well together. ideas and builds on them.
Team Member Group members show little individual Group members show some individual Group members show high levels of
initiative initiative. initiative. individual initiative.
Meets
TRAIT Does Not Meet Expectations Exceeds Expectations
Expectations
No opening statement or irrelevant
Has opening statement relevant to topic,
statement. Listener can follow Has a clear opening statement that catches
and gives outline of speech. Presentation
Organization presentation only with effort. Some audience’s interest. Stays focused
is clear, logical, and organized. Listener
arguments are not clear. No sequence of throughout.
can follow line of reasoning.
information.
This is the detailed description of the contribution of the students in the team paper. The following table describes the contribution of the various
team members.
Secondary
Name Primary responsibility Pages %
responsibilities
Meeting Attendance
_______,_______,________