Course Syllabus

 

UNIVERSITY OF MARY UNDERGRADUATE COURSE SYLLABUS 

Prefix/Course Number: BUS 420

Course Title:  International Business

 KMH-Hawaii-1.jpg

 

Semester/Term: Spring 2022

Course Length: 5 weeks

Credit Hours: 3

Instructor(s) and Credential(s):

-  Kathleen M. Hargiss, Ph.D., MBA, MA

Course Location: Online

Course Format: online

Office Hours: M - F,  9 to 5 (EST) 

Course Schedule: March 21 - April 29, 2021

Office Location:   Online                                                              Email: kmhargiss@umary.edu

Phone Number:   727-773-8780

 

Availability for Phone/Electronic Meetings: As necessary

 

 

Course Description:

The course will provide a broad knowledge of international business management and stimulate the interpersonal and intercultural management skills necessary for conducting international business. The economic, political, and legal aspects of global business are discussed in the course.

Course Information:

Course is required for the Business Administration major and is an elective for other business majors. There are no prerequisites.

 

Relationship of the Course to the Program of Study, Pre-requisites, Co-requisites or Other Relevant Information:

  • Servant Leadership: A definition of servant leadership is available for review online. Servant leadership at the University of Mary is a pattern of living marked by competence in one’s chosen profession, courage in making ethical decisions based on Benedictine values, and compassion in serving the needs of others. In a context of relationship to God, to one another, and to self, we believe that leadership is making a difference for good. Rooted in the Gospel and in the founding vision of the Benedictine Sisters to serve spiritual, intellectual, and cultural needs of others, the model for servant leadership is Jesus Himself. At the University of Mary, students grow into leadership through service. Learners become leaders in the service of truth. Sister Thomas Welder, 2006.

 

  • Benedictine Values: Modeling the values of hospitality, service, community, moderation, respect for persons, and prayer. This course will specifically expose students to the Benedictine values of respect for persons through the interactions between the instructor and students as well as between students with each other. Classes will begin with prayer, and students will uphold the values of hospitality, service, community, and respect for persons in all course work they complete. The value of moderation will be used in the consistency and accuracy of the student’s completed work, as well as the assessment of that work. http://www.umary.edu/about/mission/benedictinevalues.php

 

  • Core Competencies: The four undergraduate Core Competencies are spirituality and ethics, communication, critical thinking, and global stewardship. This course has incorporated communication, spirituality and ethics, and critical thinking into its course objectives as described below.

 

Broad-Based Student GTSB Learning Goals (IACBE):

  1. Students obtaining a major within the Gary Tharaldson School of Business will act ethically in accordance with the Benedictine values and professional standards.
  2. Students obtaining a major within the Gary Tharaldson School of Business will demonstrate relevant disciplinary knowledge and competencies appropriate to their major(s).
  3. Students obtaining a major within the Gary Tharaldson School of Business will utilize effective business-related professional skills including critical thinking, professional communication, and use of decision support tools.
  4. Students obtaining a major within the Gary Tharaldson School of Business will strive to be virtuous servant leaders in their career and communities.

 

Program Objectives:

  1. Students will be able to formulate decisions utilizing the Benedictine values, ethical frameworks, and professional standards.
  2. Students will be able to analyze the contemporary global business environment in an integrated manner.
  3. Students will be able to demonstrate professional business communication.
  4. Students will be able to apply business support tools to decision making.
  5. Engage in formulation and implementation of strategic planning initiatives.

Course Objectives: 

Course Objectives and Assessment

University Undergraduate Core Competencies

Program Objectives

GTSB Broad-Based Learning Goals

CO 1:  Students will compare and contrast the macro and micro nature of international trade;

Critical Thinking

Global Stewardship  Communication

1 - 4

 

1, 2, 3

 

CO 2:  Students will better understand the value chain of market globalization and the distribution channels intermediaries;

Critical Thinking Global Stewardship

1, 2, 3

1 - 4

CO 3: Students will evaluate the organizational structure and management of a MNE;

Critical Thinking

Global Stewardship Communication

1, 2, 3, 5

1 - 4

CO 4:  Students will demonstrate an appreciation of the theories of Smith, Ricardo, Heckscher, Ohlin, Leontief, Vernon and Porter and their application to international business;

Critical Thinking

Spirituality and Ethics

Communication Global Stewardship

1, 3

1, 2, 3

CO 5: Students will understand the important characteristics in appreciating cultural differences.

Critical Thinking

Spirituality and Ethics

Communication Global Stewardship

1, 3

1, 2, 3

CO 6: Students will evaluate and understand the government’s role in international business;

Critical Thinking  Global Stewardship

1 - 4

1 - 4

CO 7: Students will define the distinction between advanced  countries and emerging markets and the risks and challenges of catering to either market;

Critical Thinking

Global Stewardship Spirituality and Ethics

1 - 4

1, 2, 4

CO 8: Students will fully understand the internal strategic decisions of a multinational company.

Critical Thinking Spirituality and Ethics

Communication Global Stewardship

1 - 5

1 - 4

CO 9: Students will integrate the use of foreign direct investment and joint ventures into the management strategies of understanding international business.

Critical Thinking Spirituality and Ethics

Communication Global Stewardship

1 - 4

1 - 4

 

Major Assignments: (Learning Experiences to Achieve Course Objectives)

All assignments are listed separately in this syllabus/learner’s guide and will be listed in their respective tabs on our site. 

Assignment (s)

Objectives

Evaluation method

Time to complete

Case Studies/SWOT

1, 2 4 and 5

Online

45 hours/course

Discussion questions

1,2, 3,4,5,6

Online

15 hours/course

Critiques

1,2,3,4,5,6,7

Online

15 hours/course

 

Methods for Evaluation and Grading:

All assignments will be deposited in the file exchange under their appropriate headings, as directed.  No assignments will be accepted via e-mail, nor any other means. All assignments will be assessed and provided for feedback designed to improve the student’s learning.

Grading Scale: 90%-100% =A, 80%-89%=B, 70%-79%=C, 60%-69%=D, 0%-59%=F

Required Texts, Resource Materials, and Other Materials/Activities that will Incur Student Costs:

Hill, C.W.L . (2021. International business. Competing in the Global Marketplace (13th edition) New York, NY : McGraw - Hill/Irwin. 978-1-260-26258-2 or 978-1-264-12388-9 (loose leaf)

 

Optional/Recommended Texts, Readings, Materials:

Will be provided as needed

 

Workload Expectations:

Since this is a 3 semester credit undergraduate level course lasting 5 weeks, students can expect to spend a minimum of 3 hours per week instructional time (total 15 hours) and another 6 hours per week studying outside of instructional time (total 30 hours) equating to 45 total hours for this course.

 

Attendance Policy:

Is taken via assignments provided and class discussions. Students unable to complete the assignments as scheduled may be dropped from this course. Lack of participation in any of the modules will affect your grade in a negative way. This complies with the Excessive Absence policy.

 

Excused Absence Policy:

The University has a policy on excused absences related to sponsored/sanctioned activities and events. The policy is available for review online: http://bit.ly/2thGRjo. Students participating in such activities and events are expected to review this policy and comply with it. As long as appropriate prior notification is given according to this policy, students and faculty reach a mutual agreement concerning make-up work, and students complete the work in question, faculty shall not penalize a student for missing a class or exam when they were granted an excused absences from the university. Any questions concerning the policy may be referred to the course instructor who may refer the question to the athletic director, student activities director, or academic affairs for response.

 

Assignment & Exam Policy/ies:

Assignments are due as assigned and will be deposited in our site file exchange on or before the due date. No assignments will be handed in or e-mailed to this instructor

 

Channel for Communication Relating to this Course: Instructor: >

Caroline Kozojed >  Undergraduate Chair >  Associate Dean > Dr. Colin Knapp, Dean  

 

Statement Regarding Academic Honesty:

Students are expected to read the University of Mary’s Academic Honor Code and Honor System and abide by all the standards of conduct and requirements contained therein.  When a student is in doubt about whether or not an action might constitute an Academic Honor Code violation, s/he should request clarification from the instructor before the action in question is undertaken.  The Academic Honor Code is available for review on my.umary.edu using the following link: http://bit.ly/2t3ORSu

 

Course Specific Policies/Procedures/Information:

My expectations: This course requires active participation by all students. All coursework will be deposited in our file exchange for each assignment, unless otherwise noted by the instructor. Only the student’s UMary e-mail account will be used for e-mail correspondence with students. Students are expected to check this frequently as the main source of communication regarding this class. Students will not e-mail this instructor asking what it is they missed. Each class is important and will consist of a variety of knowledge to be applied in the case studies and other assignments. All assignment due dates are listed in our coursework tab on the Canvas site for our course. If they are adjusted, students will be notified.  No assignments will be e-mailed. Any and all class activities or exercises will be completed for participation points in class, and those cannot be made up with any other supplemental assignments. Communication to me of any known issues should be brought to my attention before class (or in the case of an emergency, as soon as possible after the emergency is resolved).

                                                                                                                                                                     

Tentative content outline including:

Each module is equal to three weeks

ASSIGNMENTS TO BE COMPLETED PRIOR TO MODULE ONE

  1.  Read the following chapters in your textbook.
  •  International Business – 13th edition

o Introduction and Overview Chapter 1– Globalization

o Chapter 2– National Differences in Political, Economic and Legal Systems

o Chapter 3 – National Difference in Economic Development

o Chapter 4 – Differences in Culture

Discussion

Current Event

Complete critiques (if applicable)

Complete Cases as assigned

 

 

  1.  Review case study as assigned by your instructor during orientation. Based on this case study, submit

an analysis of all questions listed in the chapter cases assigned. See the Session 1 expectations.

 

ASSIGNMENTS TO BE COMPLETED PRIOR TO MODULE TWO

  1.  Read the following chapters in your textbook.
  •  International Business – 13th edition

o Chapter 5 – Ethics, Corporate Social Responsibility and Sustainability in International Business

o Chapter 6 – International Trade Theory

o Chapter 7 – Government Policy and International Trade

o Chapter 8 – Foreign Direct Investment

Discussion

Complete critiques (if applicable)

Complete cases as assigned

 

   

ASSIGNMENTS TO BE COMPLETED PRIOR TO MODULE THREE

  1.  Read the following chapters in your textbook.
  •  International Business – 13th edition

o Chapter 9 - Regional Economic Integration

o Chapter 10 – The Foreign Exchange Market

o Chapter 11 – The International Monetary System

o Chapter 12 – The Global Capital Market

Discussion

Complete critiques (if applicable)

Complete the cases as assigned

 

  

ASSIGNMENTS TO BE COMPLETED PRIOR TO MODULE FOUR

  1.  Read the following chapters in your textbook.
  •  International Business – 13th edition

o Chapter 13 – The Strategy of International Business

o Chapter 14 – The Organization of International Business

o Chapter 15 – Entry Strategy and Strategic Alliances

o Chapter 16 – Exporting, Importing, and Countertrade

 Current Event

Complete critiques (if applicable)

Complete cases as assigned

 

 

ASSIGNMENTS TO BE COMPLETED PRIOR TO MODULE FIVE

  1.  Read the following chapters in your textbook.
  •  International Business – 13th edition

o Chapter 17 – Global Production, and Supply Chain Management 

o Chapter 18 – Global Markets and Business Analytics

o Chapter 19 – Global Human Resources Management

o Chapter 20– Accounting and Finance in the International Business

Complete all cases as assigned

 Note: All cases are real world situations and therefore, as necessary, you should use your text as well as additional research to provide you with quality, detailed answers to all questions at the end of each case.

 

Note: This is a working syllabus and is subject to change at the discretion of the professor, to maximize any potential to increase the student’s learning of this subject matter.