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MBA 6601, International Business 1 Course Description Examines current patterns of international business and social, economic, political, and cultural systems impacting the conduct of business. Topics include international business transactions, financial institutions facilitating international transactions, and interface between nation states and the firms conducting foreign business activities. Course Textbook No physical textbook is required; resources are integrated within the course. Course Learning Outcomes Upon completion of this course, students should be able to: 1. Differentiate international business from domestic business operations. 2. Analyze the effects of political, legal, economic, and cultural dimensions of international business on an organization. 3. Evaluate policies and factors affecting international trade patterns. 4. Distinguish between absolute advantage and comparative advantage trade theories. 5. Explore the influence of regional trading groups on an organization. 6. Examine economic concepts and indicators. 7. Calculate the implications of foreign exchange rates. 8. Examine the major marketing considerations applicable to international business. 9. Compare the accounting concepts of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). 10. Explore international human resource management and staffing approaches associated with multinational enterprises (MNEs). Credits Upon completion of this course, the students will earn three (3) hours of college credit. Course Structure 1. Study Guide: Each unit contains a Study Guide that provides students with the learning outcomes, unit lesson, required reading assignments, and supplemental resources. 2. Learning Outcomes: Each unit contains Learning Outcomes that specify the measurable skills and knowledge students should gain upon completion of the unit. 3. Unit Lesson: Each unit contains a Unit Lesson, which discusses lesson material. 4. Reading Assignments: Each unit contains Reading Assignments from outside resources. 5. Suggested Reading: Suggested Readings are listed in Unit I-III study guides. Students are encouraged to read the resources listed if the opportunity arises, but they will not be tested on their knowledge of the Suggested Readings. 6. Journals: Students are required to submit Journals in Units I-VIII. Journals provide students the opportunity to reflect critically on course concepts and ideas. Specific information about accessing the Journal rubric is provided below. 7. Unit Assessments: This course contains two Unit Assessments, one to be completed at the end of Units I and V. Assessments are composed of written-response questions. MBA 6601, International Business Course Syllabus

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Page 1: MBA 6601, International Business - Login · PDF fileMBA 6601, International Business 1 ... Explore international human resource management and staffing approaches associated ... included

MBA 6601, International Business 1

Course Description

Examines current patterns of international business and social, economic, political, and cultural systems impacting the conduct of business. Topics include international business transactions, financial institutions facilitating international transactions, and interface between nation states and the firms conducting foreign business activities.

Course Textbook

No physical textbook is required; resources are integrated within the course.

Course Learning Outcomes

Upon completion of this course, students should be able to:

1. Differentiate international business from domestic business operations. 2. Analyze the effects of political, legal, economic, and cultural dimensions of international business on an

organization. 3. Evaluate policies and factors affecting international trade patterns. 4. Distinguish between absolute advantage and comparative advantage trade theories. 5. Explore the influence of regional trading groups on an organization. 6. Examine economic concepts and indicators. 7. Calculate the implications of foreign exchange rates. 8. Examine the major marketing considerations applicable to international business. 9. Compare the accounting concepts of Generally Accepted Accounting Principles (GAAP) and International

Financial Reporting Standards (IFRS). 10. Explore international human resource management and staffing approaches associated with multinational

enterprises (MNEs).

Credits

Upon completion of this course, the students will earn three (3) hours of college credit.

Course Structure

1. Study Guide: Each unit contains a Study Guide that provides students with the learning outcomes, unit lesson,

required reading assignments, and supplemental resources. 2. Learning Outcomes: Each unit contains Learning Outcomes that specify the measurable skills and knowledge

students should gain upon completion of the unit. 3. Unit Lesson: Each unit contains a Unit Lesson, which discusses lesson material. 4. Reading Assignments: Each unit contains Reading Assignments from outside resources. 5. Suggested Reading: Suggested Readings are listed in Unit I-III study guides. Students are encouraged to read

the resources listed if the opportunity arises, but they will not be tested on their knowledge of the Suggested Readings.

6. Journals: Students are required to submit Journals in Units I-VIII. Journals provide students the opportunity to reflect critically on course concepts and ideas. Specific information about accessing the Journal rubric is provided below.

7. Unit Assessments: This course contains two Unit Assessments, one to be completed at the end of Units I and V. Assessments are composed of written-response questions.

MBA 6601, International Business Course Syllabus

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8. Unit Assignments: Students are required to submit for grading Unit Assignments in Units I-IV and VI-VIII. Specific information and instructions regarding these assignments are provided below. Grading rubrics are included with each assignment. Specific information about accessing these rubrics is provided below.

9. Ask the Professor: This communication forum provides you with an opportunity to ask your professor general or course content related questions.

10. Student Break Room: This communication forum allows for casual conversation with your classmates.

CSU Online Library

The CSU Online Library is available to support your courses and programs. The online library includes databases, journals, e-books, and research guides. These resources are always accessible and can be reached through the library webpage. To access the library, log into the myCSU Student Portal, and click on “CSU Online Library.” You can also access the CSU Online Library from the “My Library” button on the course menu for each course in Blackboard. The CSU Online Library offers several reference services. E-mail ([email protected]) and telephone (1.877.268.8046) assistance is available Monday – Thursday from 8 am to 5 pm and Friday from 8 am to 3 pm. The library’s chat reference service, Ask a Librarian, is available 24/7; look for the chat box on the online library page. Librarians can help you develop your research plan or assist you in finding relevant, appropriate, and timely information. Reference requests can include customized keyword search strategies, links to articles, database help, and other services.

LibGuides

Click here for the LibGuide for this course. Think of a LibGuide (a Library Guide) as a mini-website to help you with your assignments. It has relevant information such as databases, ebooks, and websites specific to your courses. If you have any questions, please reach out to your friendly library staff.

Unit Assignments

Unit I Assignment For this assignment, you will use Hofstede’s characteristics to differentiate international and domestic business operations. This exercise will help identify the key characteristics that drive business decisions on an international and domestic level. Part 1: Pick three individual countries, one in the Middle East, one in Asia, and one in Europe. Apply Hofstede’s characteristics to each one, and state if the characteristic is low, medium, or high in each country. Also, explain why each country deserves that description. Part 2: Given your descriptions, explain which country is most like the United States and which country is most unlike the U.S. Your response must be a minimum of three pages in length. Click here to access the Unit I Assignment template. Note: The template is just a tool to get you started. Feel free to use another layout. Information about accessing the grading rubric for this assignment is provided below.

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Unit II PowerPoint Presentation Your company wants to put a ball-bearing factory in Africa. Your company predicts this is where the most growth will be in the 21st century. Your assignment is to research a country on the African continent that you think would be the most advantageous to your company in cultural, economic, and political environments. Your assignment is to point out and explain the facts or statistics that you think would make this country a good place to build and staff your factory. Remember to keep the cultural, economic, and political environments in mind. Your presentation must include at least two facts or statistics that relate to each environmental area (cultural, economic, and political). Feel free to use the suggested readings as a starting point for your research on sources of data about different countries in the world. You must use at least three authoritative sources, and you are required to use the CSU Online Library for at least one of your sources. Pull a minimum of two facts or statistics from each source that you use. Some good examples of authoritative sources are provided below:

The U.S. State Department http://www.state.gov/p/af/ci/index.htm

The World Bank http://data.worldbank.org/country The Academic Search Complete database features information on countries through the CIA World Factbook. The Business Source Complete database has a “Country Report” that can be selected in the Publication Type area. These reports by country can be 200-plus pages and are very in depth. Your PowerPoint presentation should be a minimum of 10 slides. Be sure to use APA guidelines to cite and reference the sources for your facts. Information about accessing the grading rubric for this assignment is provided below. Unit III Essay For this assignment, write an essay that addresses each of the following points:

1. Choose five U.S. government policies that affect trade with foreign nations. Identify three factors of production, and describe how their mobility is good or bad for U.S. trade

2. Distinguish between absolute advantage and comparative advantage trade theories and give examples 3. Choose either the TPP or the T-TIP free trade agreement and describe which other countries have signed on and

why the U.S. Senate should ratify or not ratify the agreement. Also, explain how regional trading groups influence organizations.

Your essay submission should be a minimum of three pages in length in APA style; however, a title page, a running head, and an abstract are not required. You are required to use at least two scholarly sources for this essay. Your responses to the three prompts must be in paragraph form. Be sure to cite and reference all quoted or paraphrased material appropriately in APA style. Information about accessing the grading rubric for this assignment is provided below. Unit IV Assignment For this assignment, you will practice calculating exchange rates and examine some of the key factors that have an impact on foreign exchange. Click here to access the Unit IV Assignment worksheet. Click here to access some exchange-rate examples and practice questions. Information about accessing the grading rubric for this assignment is provided below.

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Unit VI Article Critique Your task is to offer a detailed critique of a peer-reviewed article, which you can locate in the CSU Online Library. The article must be related to international marketing. In your critique, address the following questions:

What are the main points and arguments of the author(s)?

What is your opinion of the article?

How can the points and arguments of the author(s) be applied to the lesson in this unit? (Some examples include the marketing mix, marketing orientation, and organizational structure.)

The critique should be a minimum of two pages in length in APA style; however, a title page, a running head, and an abstract are not required. Be sure to cite and reference all quoted or paraphrased material appropriately in APA style. Information about accessing the grading rubric for this assignment is provided below. Unit VII Case Study To read the case study below, you must first log into the myCSU Student Portal and access the Business Source Complete database found in the CSU Online Library. Read the case study indicated below, and answer the following questions: Marianne, J. L. (2010). Accounting for business combinations and the convergence of International Financial Reporting

Standards with U.S. Generally Accepted Accounting Principles: A case study. Journal of the International Academy for Case Studies, 16(1), 95-108.

1. What key financial ratios will be affected by the adoption of FAS 141R and FAS 160? What will be the likely

effect? 2. Could any of the recent and forthcoming changes affect the company’s acquisition strategies and potentially its

growth? 3. What were FASB’s primary reasons for issuing FAS 141R and FAS 160? 4. What are qualifying SPEs? Do they exist under IFRS? What is the effect of FAS 166 eliminating the concept of

qualifying SPEs on the convergence of accounting standards? 5. If the company adopts IFRS, what changes should management be aware of? 6. What are the principle differences between IFRS and U.S. GAAP?

Your submission should be a minimum of three pages in length in APA style; however, a title page, a running head, and an abstract are not required. Be sure to cite and reference all quoted or paraphrased material appropriately in APA style. Information about accessing the grading rubric for this assignment is provided below. Unit VIII Case Study To read the case study below, you must first log into the myCSU Student Portal and access the Business Source Complete database found in the CSU Online Library. Bodolica, V., & Waxi, M. (2007). Chicago food and beverage company: The challenges of managing international

assignments. Journal of the International Academy for Case Studies, 13(3), 31-42. Please answer the following questions after reading the case study:

1. Which staffing framework do you recognize in this case study? Explain its characteristics and the advantages to using this type of framework?

2. Would this type of staffing framework affect Paul’s ability to get things done? Why, or why not? 3. Explain if any of the other staffing frameworks would be any better? What can you recommend to the company’s

headquarters in this sense? 4. Why does Paul want this job? Is Paul a good candidate for this expatriate position? 5. What comments can you make on expatriate management in general? And what comments can you make on the

expatriate recruitment policy in particular?

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6. What are the different expatriate compensation methods you recognized in the text? What are the advantages and disadvantages of these different expatriate compensation methods?

7. What do you suggest to the U.S. headquarters’ human resources manager in order to improve the expatriate satisfaction/compensation?

Your submission should be a minimum of three pages in length in APA style; however, a title page, a running head, and an abstract are not required. Be sure to cite and reference all quoted or paraphrased material appropriately in APA style. Information about accessing the grading rubric for this assignment is provided below.

APA Guidelines

The application of the APA writing style shall be practical, functional, and appropriate to each academic level, with the primary purpose being the documentation (citation) of sources. CSU requires that students use APA style for certain papers and projects. Students should always carefully read and follow assignment directions and review the associated grading rubric when available. Students can find CSU’s Citation Guide by clicking here. This document includes examples and sample papers and provides information on how to contact the CSU Success Center.

Grading Rubrics

This course utilizes analytic grading rubrics as tools for your professor in assigning grades for all learning activities. Each rubric serves as a guide that communicates the expectations of the learning activity and describes the criteria for each level of achievement. In addition, a rubric is a reference tool that lists evaluation criteria and can help you organize your efforts to meet the requirements of that learning activity. It is imperative for you to familiarize yourself with these rubrics because these are the primary tools your professor uses for assessing learning activities. Rubric categories include: (1) Journal, (2) Assessment (Written Response), and (3) Assignment. However, it is possible that not all of the listed rubric types will be used in a single course (e.g., some courses may not have Assessments). The Journal rubric can be found within Unit I’s Journal submission instructions. The Assessment (Written Response) rubric can be found embedded in a link within the directions for each Unit Assessment. However, these rubrics will only be used when written-response questions appear within the Assessment. Each Assignment type (e.g., article critique, case study, research paper) will have its own rubric. The Assignment rubrics are built into Blackboard, allowing students to review them prior to beginning the Assignment and again once the Assignment has been scored. This rubric can be accessed via the Assignment link located within the unit where it is to be submitted. Students may also access the rubric through the course menu by selecting “Tools” and then “My Grades.” Again, it is vitally important for you to become familiar with these rubrics because their application to your Journals, Assessments, and Assignments is the method by which your instructor assigns all grades.

Communication Forums

These are non-graded discussion forums that allow you to communicate with your professor and other students. Participation in these discussion forums is encouraged, but not required. You can access these forums with the buttons in the Course Menu. Instructions for subscribing/unsubscribing to these forums are provided below. Once you have completed Unit VIII, you MUST unsubscribe from the forum; otherwise, you will continue to receive e-mail updates from the forum. You will not be able to unsubscribe after your course end date. Click here for instructions on how to subscribe/unsubscribe and post to the Communication Forums. Ask the Professor This communication forum provides you with an opportunity to ask your professor general or course content questions. Questions may focus on Blackboard locations of online course components, textbook or course content elaboration, additional guidance on assessment requirements, or general advice from other students.

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Questions that are specific in nature, such as inquiries regarding assessment/assignment grades or personal accommodation requests, are NOT to be posted on this forum. If you have questions, comments, or concerns of a non-public nature, please feel free to email your professor. Responses to your post will be addressed or emailed by the professor within 48 hours. Before posting, please ensure that you have read all relevant course documentation, including the syllabus, assessment/assignment instructions, faculty feedback, and other important information. Student Break Room This communication forum allows for casual conversation with your classmates. Communication on this forum should always maintain a standard of appropriateness and respect for your fellow classmates. This forum should NOT be used to share assessment answers.

Grading

Journals (8 @ 2%) = 16% Unit I Assessment = 4% Unit V Assessment = 8% Assignments (2 @ 10%) = 20% Case Studies (2 @ 11%) = 22% Unit II PowerPoint Presentation = 10% Unit III Essay = 10% Unit VI Article Critique = 10% Total = 100%

Course Schedule/Checklist (PLEASE PRINT)

The following pages contain a printable Course Schedule to assist you through this course. By following this schedule, you will be assured that you will complete the course within the time allotted.

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MBA 6601, International Business Course Schedule

By following this schedule, you will be assured that you will complete the course within the time allotted. Please keep this schedule for reference as you progress through your course.

Unit I International Business Global Framework, Part 1

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Assessment Assignment

Notes/Goals:

Unit II International Business Global Framework, Part 2

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide Suggested Reading: See Study Guide

Submit: Journal PowerPoint Presentation

Notes/Goals:

Unit III Trade Theories and Trading Institutions

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide Suggested Reading: See Study Guide

Submit: Journal Essay

Notes/Goals:

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MBA 6601, International Business Course Schedule

Unit IV Financial Markets

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Assignment

Notes/Goals:

Unit V Global Strategies

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Assessment

Notes/Goals:

Unit VI Managing International Operations, Part 1: Marketing and Organizational Structures

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Article Critique

Notes/Goals:

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MBA 6601, International Business Course Schedule

Unit VII Managing International Operations, Part 2: Accounting and Financial Issues

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Case Study

Notes/Goals:

Unit VIII Managing International Operations, Part 3: Value-Chain Management, Human Resources, and Operations

Review: Unit Study Guide

Read: Reading Assignment: See Study Guide

Submit: Journal Case Study

Notes/Goals: