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Leading University Department of Business Administration MBA Program

Course Title International Business

Course Code: BUS 585 Semester: Summer 2012

1. Key Information:
Course Title: Instructor: International Business Md. Ashfaq Hussain Department of Business Administration Leading University Email: ashfaq351@ymail.com Website: http://mahussain.jimdo.com/

Time Schedule: Day Sunday Tuesday

Time 6.45 pm - 8.15 pm 6.45 pm - 8.15 pm

Room No

2.1 Introduction to the Course


This course provides a broad introduction to international business in the contemporary world. This course introduces students to the world of international business and management by studying cultural influences, government, and business structures in our global economy. Students also learn about international trade theory, multinational enterprise theory, collaborative strategies and legal and labour agreements. Also covered, are topics on information needs, global manufacturing and supply chain management, marketing, multinational finance function, and human resource management.

2.2 Course Overview


At the dawn of the 21st Century, nations are more economically integrated than at any other point in human history. This presents business leaders with unprecedented opportunities and challenges. On the one hand, the opportunity to sell to global markets rather than a single national market increases the potential profitability of nearly every kind of business activity. Furthermore, the sharp differences among nations in wage rates and national resource endowments allow multinational firms to create value by locating different aspects of the value chain in those countries where they can be undertaken most efficiently. On the other hand, globalization increases the number and range of potential competitors in nearly every industry, and the challenges of effectively managing a multinational enterprise can be substantially greater than those confronting a firm largely based in a single country. This course seeks to equip future business leaders to exploit these opportunities and cope with these challenges. The course will accomplish that goal by providing students with a systematic understanding of the fundamental aspects of the global business environment that influence business decisions and behaviour. Managers must understand the structural economic factors that determine locational advantages, the

way government policies both promote and restrain the integration of national economies with the global economy, and the impact of volatility in the global macroeconomic environment on international business strategy. These issues will be studied using the analytical tools and concepts of international economics, and case studies will be used to relate these concepts to actual business problems. In addition to learning about strategic concepts, you can expect to further develop your abilities in sizing up complex business situations and identifying the core problems or issues. You will have the opportunity to analyze qualitative and quantitative data, both internal and external to the firm, and assessing what implications it may hold for a firm's success.

3. Intended Learning Outcomes


Upon successful completion of this course a student will be able to: Develop an understanding of the worldwide developments and foundations for international business and the cultural context for managing in an overseas environment. Develop an understanding of the political changes that affect international business Investigate the political economy of international business, trade and investment. Describe and explain trade and the investment environment in which international business transactions occur. Examines the strategies and structures that firms adapt in order to compete effectively in the international business environment. Examine the strategies and functions of international management in the areas of managing political risk, negotiations, planning, organizing international operations, decision making and controlling. Develop an understanding of the horizons of international business and Management in the areas of social responsibility and ethics in the era of globalization. Provide a blend of solid research based information compiled with real world current events and interesting application examples that help explain and reinforce important international topics

4. Course Schedule:
Week 1 2 3 4 Subject Introduction to the course: An Overview of International Business The Political and legal Environments Facing Business The Cultural Environments facing Business The Economic Environment Learning Method & In Class Activity Lecture Notes, Case Study analysis, visual learning method, group discussion, Assignments, and presentation

5 6 7 8 9 10 11 12 13 14

International Trade Theory

Mid Term Examination


Multinational Strategy International Marketing Strategy International Human Resource Management Corporate Strategy and National Competitiveness Ethics and Natural Environment European Union, North America, Japan and Emerging Economies Revision Class Guideline for final examination

Lecture Notes, Case Study analysis, visual learning method, group discussion, Assignments, and presentation

FINAL EXAMINATION 5. Assessment:


Your performance will be evaluated based on the following: Performance Evaluation Attendance Tutorial/ Case Study/ Assignment/ Presentation Viva Voce Mid Term Examination Final Examination Proportion (%) 5% 20% 5% 20% 40%

Academic Integrity:
Please remember that Plagiarism is a serious offence and copying of assignments and case analysis will be considered severe academic misconduct. In addition to the information stated above you are advised that: If you take material that is not yours, from any source whatsoever, and copy it into assignments for this class, you must provide a citation to the source, and direct quotes must be placed within quotation marks and referenced to the specific page(s) from which they originated. I specifically expect you to use the style guide of the Harvard Referencing. A soft copy of Harvard Referencing System (2010) is uploaded online (www.mahussain.jimdo.com) and I will provide an abbreviated set of instructions for Harvard referencing style in class.

5. Learning Resources 5.1. Recommended Texts


A range of articles, case materials and books will be uploaded online. Besides, various handouts and hard copies will be provided in the class. However, Students are encouraged to consult the following text: Required Text Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2010) International Business: Environments and Operations (12th Edition). New Jersey: Pearson Prentice Hall, Additional Text: Griffin, R.W., & Pustay, M. (2010) International Business: Global Edition (6th edition). New Jersey: Prentice Hall

5.2. Recommended Internet Resources


Useful Websites 1. http://www.businessweek.com/ 2. http://online.wsj.com/ (Wall Street Journal) 3. http://finance.yahoo.com/ 4. http://www.bbc.co.uk/news/business/ 5. http://www.economist.com/ (The Economist)

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