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BUS-390Syllabus1.pdf

Version 10.0

BUS-390

Global Business

Course Syllabus

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Credit Hours

4.0 Duration

56 Days Type

Credit Based Course Code

BUS-390 v:10. 0

Global Business

Course Description

This course surveys the global business environment with an emphasis on international markets and the global supply chain that impact all organizations and consumers. Students learn about basic international trade and currency issues and strategies to enter global markets successfully. Students focus on communication tools and negotiation tactics to enhance their cultural competence and business acumen.

Pre-Requisites

None

Co-Requisites

None

BUS-390

Course MaterialsC

Managing Cultural Differences: Global Leadership

Description:

Abramson, N. R., & Moran, R. T. (2017). Managing cultural differences global leadership for the 21st century (10th ed). New York, NY: Routledge. ISBN-13:

9781138223684

(Available as print text only)

Introduction to Business Law

Description:

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Beatty, J., Samuelson, S., & Sanchez Abril, P. (2019). (6th ed.). Boston, MA:Introduction to business law Cengage. ISBN-13:

9781337404341

(Available as print text only).

Topic 1: Historical Issues and GlobalizationT

Description

Objectives:

Explain how the effects of colonization contributed to the origins of Globalization. Analyze why the interdependence of global supply chains and markets have increased. Analyze the opportunities and challenges of globalization.

Study MaterialsS

Managing Cultural Differences

Description:

Read Chapter 1 and review Chapters 12-18 in Managing Cultural Differences.

The Pros And Cons Of Globalization

Description:

Read "The Pros and Cons of Globalization" by Collins from Forbes.

Globalization’s Backlash Is Here, at Just the Wrong Time

Description:

Read "Globalization’s Backlash Is Here, at Just the Wrong Time" by Irwin from (2018).The New York Times

What Is a Global Manager?

Description:

Read "What Is a Global Manager?" by Bartlett and Ghoshal from (2003).Harvard Business Review

TasksT

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CLC: Impact of Colonization Presentation

Description:

This is a Collaborative Learning Community (CLC) assignment.

As a CLC group, select a region in the world to analyze throughout this course. Next, in a PowerPoint presentation (1520 slides), answer the following questions:

How was the impact of colonization within that region?

Which country in that region has the largest economy? What are the characteristics of that economy? Each member of the group will select a country within this region (you will use your selected country in multiple assignments throughout the course). Using the selected country, identify two significant multinationals in that country that are present in the market. Citing research, explain why those multinationals go into those countries. What challenges did they face? Use the CIA.gov website to utilize the categories available on the CIA.gov website: Click on World Factbook. Use the dropdown feature to find your selected country. Select three categories presented about that country (i.e., economy, geography, people and society). Next, provide explanations for the level of development in that country. Why do they have the economy they have based on those three categories?

The PowerPoint presentation should consist of 1520 slides not including the title slide and slide for APA citations. Images may be included in the presentation but be sure to keep all image sizes low for this presentation.

Refer to the resource, "Creating Effective PowerPoint Presentations," located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical for assistance.Support articles

Topic 1 DQ 1

Description:

Read the assigned articles on globalization. Explain the origins of globalization. What have been two major strengths and weaknesses of globalization on the country you selected? Justify your claims.

Topic 1 DQ 2

Description:

Read the assigned articles and reflect upon the historical and recent trends in globalization. What does the future hold for global organizations? What are the major opportunities and challenges that lie ahead?

Topic 2: International Political EconomyT

Description

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Objectives:

Differentiate between the multilateral world organizations Explain how most countries in the world participate in these world organizations: WTO, IMF, World Bank, BFIS, IDB.

Study MaterialsS

Managing Cultural Differences

Description:

Read Chapter 4 in Managing Cultural Differences.

The World Bank

Description:

Access and view the World Bank website.

The World Trade Organization

Description:

Access and view The World Trade Organization website.

TasksT

Topic 2 DQ 1

Description:

What is the objective of the WTO? To what degree has it achieved that objective? What has been the growth rate of global trade since the WTO was created? How does the World Bank compare with Chinese Development Bank?

Topic 2 DQ 2

Description:

Some groups of nations are forming blocks, like North America or Europe. Are regional trade blocks good for global trade or not? Support your argument.

Topic 3: Cultural Differences and Its Role on LeadershipT

Description

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Objectives:

Analyze the characteristics and competencies of leaders in different cultures. Evaluate the challenges and opportunities associated with leading in other cultures Identify the cultural societal values that influence the communication and behavior of those engaged in international business.

Study MaterialsS

Managing Cultural Differences

Description:

Read Chapters 3, 5, 6, and 7 in Managing Cultural Differences.

Global Leadership & Organizational Behavior Effectiveness (GLOBE)

Description:

Access and read the “GLOBE CEO Study 2014” page on the website.GLOBE

The Six Signature Traits of Inclusive Leadership

Description:

Read “The Six Signature Traits of Inclusive Leadership” by Dillon & Bourke from (2016).Deloitte University Press

The Most Important Leadership Competencies, According to Leaders Around the World

Description:

Read “The Most Important Leadership Competencies, According to Leaders Around the World,” by Giles from Harvard (2016).Business Review

Culture and Leader Effectiveness: The GLOBE Study

Description:

Read “Culture and Leader Effectiveness: The GLOBE Study” by Hoppe, from (2007).Kevin Asbjörnson & Associates

In the Eye of the Beholder: Cross Cultural Lessons in Leadership from Project GLOBE

Description:

Read “In the Eye of the Beholder: Cross Cultural Lessons in Leadership from Project GLOBE,” by Javidan et al., from (2006).Academy of Management Perspectives

Hofstede Insights

Description:

Access and read the “Compare Countries” page on the Hofstede Insights website.

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TasksT

CLC: Cultural Differences Presentation

Description:

This is a Collaborative Learning Community (CLC) assignment.

To better understand cultural differences and how these differences influence global management, as a group, create a PowerPoint presentation that addresses the following:

Compare how the United States differs from another country of your choice (within the region you selected to analyze throughout the course) on Hofstede’s six dimensions of culture. Explain how your knowledge of these differences would influence you as a global manager if you were doing business in the selected country. Explain the challenges and opportunities associated with leading in your selected country.

The PowerPoint presentation should consist of 1215 slides not including the title slide and slide for APA citations. Images may be included in the presentation but be sure to keep all image sizes low for this presentation.

Refer to the resource, "Creating Effective PowerPoint Presentations," located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical for assistance.Support articles

Topic 3 DQ 1

Description:

Watch one of the video clips below. Post a brief reflection on what your most significant takeaway was from the videos. What did you find most surprising? What did you find most alarming?

Watch “Reaching Across Cultures Without Losing Yourself” by Molinsky

https://hbr.org/video/2363497345001/reaching-across-cultures-without-losing-yourself

Watch “How Different Countries Expect Women to Show Authority.”

https://hbr.org/video/4824895436001/how-different-countries-expect-women-to-show-authority

Watch “How Different Countries Expect Women to Show Authority.”

https://hbr.org/video/4824895436001/how-different-countries-expect-women-to-show-authority

Watch “Rethinking Some Assumptions About Global Business.”

https://hbr.org/video/5392487464001/rethinking-some-assumptions-about-global-business

Watch “How Cultures Across the World Approach Leadership.”

https://hbr.org/video/5476393165001/how-cultures-across-the-world-approach-leadership

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Topic 3 DQ 2

Description:

Read the article titled "The Six Signature traits of Inclusive Leadership". Note how each of the traits and subcomponents is defined, and how the thoughts and actions of leaders with the trait is discussed. Which one of these traits is a (personal) strength and which is a weakness? What can you do to reinforce the strength? What can you do to overcome the weakness? Using your selected country, integrate with the characteristics of leadership in that country.

Topic 4: Communications and NegotiationsT

Description

Objectives:

Analyze how cultural differences affect cross cultural communication. Recommend ways to apply verbal and nonverbal communication techniques to foster effective crosscultural communication Apply crosscultural awareness in a business negotiation context.

Study MaterialsS

Managing Cultural Differences

Description:

Read Chapters 2 and 11 and then review Chapter 4 in Managing Cultural Differences.

Getting to Yes Across Cultures

Description:

Access and view the “Getting to Yes Across Cultures” video.

Key Concepts: Underlying Structures of Culture

Description:

Read “Key Concepts: Underlying Structures of Culture” by Hall & Hall from California State University Northridge.

How Can Cultural Differences Affect Business Communication?

Description:

Read “How Can Cultural Differences Affect Business Communication?” by Brown, from (2018).Chron

Understand High and Low Context Cultures

Description:

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Access and view the “Understand High and Low Context Cultures” video on the website.inLearning

Cross Cultural Communication

Description:

Access and view the “Cross Cultural Communication” video on the website.TED

Hall’s Cultural Factors

Description:

Access and view “Hall’s Cultural Factors” page on the Changing Minds website.

TasksT

CLC: Communication and Negotiation Presentation

Description:

This is a Collaborative Learning Community (CLC) assignment.

For this group project, you will prepare for a negotiation:

First, as a group, select another country from the region you selected in the Topic 1 assignment.

Next, you will assess the country by addressing the following in your PowerPoint presentation:

Present the culture of the country, the goals of the negotiation, and strategies you will use to negotiate. Describe the major differences of the communication approaches used within the country and the communication approaches within the United States: Using the selected country, analyze the role of cultural differences and its effect on cross cultural communication in this country in comparison to the United States. Examine the role of verbal and nonverbal communication in crosscultural communication in the country you selected and how it differs from the United States. Explain how an American would apply the knowledge of verbal and nonverbal communication to foster effective crosscultural communication within the selected country. Lastly, summarize how cultural differences affect crosscultural communications.

The PowerPoint presentation should consist of 1215 slides not including the title slide and slide for APA citations. Images may be included in the presentation but be sure to keep all image sizes low for this presentation.

Refer to the resource, "Creating Effective PowerPoint Presentations," located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the LopesWrite Technical for assistance.Support articles

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Topic 4 DQ 1

Description:

What are the similarities and differences between how people communicate in your culture versus communication in the country you selected? Discuss how you will avoid the major challenges you may encounter when communicating with people from that culture.

Topic 4 DQ 2

Description:

Watch the Let's Break a Deal video. Analyze the role that culture played in this video. What went wrong and why? What should Michael and Norio have done differently? Be sure to discuss both verbal and nonverbal cues.

Topic 5: Rule of Law and EthicsT

Description

Objectives:

Describe common legal issues companies encounter when conducting international business. Recommend legal compliances approaches used by companies conducting international business. Identify the major legal issues for global business and an approach for company's legal compliance Identify the key ethics issues which international companies must address with an approach to such ethics and social responsibility.

Study MaterialsS

Introduction to Business Law

Description:

Read Chapters 2 and 3 in Introduction to Business Law.

TasksT

Rule of Law and Ethics Worksheet

Description:

Access and complete the “Rule of Law and Ethics” Worksheet.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

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This assignment uses a scoring guide. Please review the scoring guide prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the forLopesWrite Technical Support articles assistance.

Topic 5 DQ 1

Description:

The Internet and greater access to information it can provide are forcing politicians to change their methods of governing. How might the Internet change totalitarian political systems, such as North Korea? What might the Web's future expansion mean for nations with theocratic systems, such as Iran? How might technology change the way that democracies function?

Topic 5 DQ 2

Description:

Ethics Challenge: You are the president of a firm that publishes textbooks for medical students in more than 30 languages. On a recent trip to a university in a developing country (with a GDP per capita of under $1,000 per year), you discover that students are using bound photocopies of your best-selling medical textbook. Speaking with several students, they inform you that if they were required to pay for the actual books, they could not afford medical school. Witnessing the clear copyright violation firsthand, how do you react? What possible courses of action might you take? If additional information would be helpful to you, what would it be?

Topic 6: Trade and Macro EconomicsT

Description

Objectives:

Differentiate the perspective of free trade views. Analyze the benefits and consequences of free trade agreements.

Study MaterialsS

Managing Cultural Differences

Description:

Review Chapters 6 and 11 and read Chapter 16 in Managing Cultural Differences.

Why, After 200 Years, Can’t Economists Sell Free Trade?

Description:

Access and view “Why, After 200 Years, Can’t Economists Sell Free Trade?” by Blinder from Peterson Institute of (2017).International Economics

Trade at What Price?

Description:

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Read “Trade at What Price?” from (2016).The Economist

NAFTA’s Economic Impact

Description:

Read “NAFTA’s Economic Impact” by McBride and Sergie from 2017).Council on Foreign Relations (

Trade Talks

Description:

Access and listen to “Trade Talks” by Keynes and Brown podcasts page on the Peterson Institute for International website.Economics

Addressing Currency Manipulation Through Trade Agreements

Description:

Read “Addressing Currency Manipulation Through Trade Agreements” by Bergsten from Peterson Institute for (2014).International Economics

Currency Manipulation and Its Toll on the US Economy

Description:

Access and view the “Currency Manipulation and Its Toll on the US Economy” video by Gagnon from Peterson Institute (2017).for International Economics

Semi-Annual Report on International Economic and Exchange Rate Policies

Description:

Access and read the “Semi-Annual Report on International Economic and Exchange Rate Policies” page on the U.S. Department of Treasury website.

TasksT

Topic 6 DQ 1

Description:

Explain why the economist’s view of free trade is different from the public’s? How might these different perspectives be reconciled?

Topic 6 DQ 2

Description:

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What were the main reasons for the United States, Canada, and Mexico to sign on to the original NAFTA? After more than 20 years, has NAFTA delivered the benefits expected? How might NAFTA be improved to the benefit of all three member countries?

Topic 7: Business Organization and Entry StrategiesT

Description

Objectives:

Determine the appropriate international organizational structure for a company to use in a particular industry. Identify appropriate strategies for entering foreign markets. Recommend strategies for a company to use when entering a foreign market.

Study MaterialsS

Managing Cultural Differences

Description:

Review Chapter 11 in Managing Cultural Differences.

TasksT

Business Organization and Entry Strategies Worksheet

Description:

Access and complete the “Business Organization and Entry Strategies Worksheet.”

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a scoring guide. Please review the scoring guide prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the forLopesWrite Technical Support articles assistance.

Topic 7 DQ 1

Description:

Name a professional service related business, (i.e., legal services, web site development, sports agent) which of the organizational structures discussed do you think best fits for an international expansion. What characteristics of the structure chosen support your choice? Consider and discuss some of the risks associated with your choice?

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Topic 7 DQ 2

Description:

Related to a product offering that would be considered a commodity, identify three (3) key variables that would impact your choice of entry strategies. Using specific examples, how might these variables impact your analysis?

Topic 8: Entrepreneurship, Technology, and Looking ForwardT

Description

Objectives:

Describe how the hype cycle works. Determine the location of emerging technologies on the hype cycle. Explain the impact of the convergence of multiple technologies through Moore's Law, the Hype Cycle and the 6 D's of Disruption. Determine the existing or emerging local technology in a particular country.

Study MaterialsS

Singularity University Hub

Description:

Access and view the Singularity University Hub website.

TasksT

CLC: FINAL Group Presentation

Description:

As a group, prepare a presentation where each member presents on the country they selected, using the prompts below. Assign sections of the presentation to members in the group.

For each assigned section, address the following in your presentation. Students are to include presenter notes for each section. Cite scholarly sources to support your claims:

Historical Issues and Globalization

Using your selected country, identify two significant multinationals in that country that are present in the market. Explain why those multinationals go into those countries. What challenges did they face?

Touch on International Political Economy

Briefly explain how your selected country has been affected by global trade blocks.

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Explain how your selected country participates in these world organizations: WTO, IMF, World Bank, BFIS, IDB

Cultural differences, leadership differences

Compare how the United States differs from the selected country on Hofstede’s six dimensions of culture. Explain how your knowledge of these differences would influence you as a global manager if you were doing business in the selected country. Explain the challenges and opportunities associated with leading in your selected country.

Communication and Negotiations

Using your selected country, analyze the role of cultural differences and its effect on cross cultural communication in this country. Examine the role of verbal and nonverbal communication in cross-cultural communication in the country you selected. Explain how you would apply the knowledge of verbal and nonverbal communication to foster effective cross-cultural communication.

Rule of Law and Ethics

Using the country you selected, present the influence of colonization on that country and explain how that influence has affected its current legal system. Explain the current legal system. Is there a correlation between the current rule of law and the propensity of entrepreneurship? Explain how that legal system relates to the mode of entry (property rights) and how that legal system affects your entry into that country (as a company) and how you would conduct business in that country. Recommend legal compliances approaches would you use for your selected country.

Trade and Macro Economics

Explain why an international business should be concerned about exchange rates. Explain if a strong currency necessarily good for your selected country’s economy. Why/why not?

Entry Strategies

Select an existing business in the United States. Take this same business into another market of the country you selected. Propose an appropriate entry strategy based on your market selection and how you might rethink your existing structure. What are the pros and cons of your proposed strategy?

Looking Forward

Briefly explain how the hype cycle works. Determine an existing or emerging local technology in your selected country and describe its global impact. Determine the location of that emerging technology on the hype cycle. Defend your reasoning.

The PowerPoint presentation should consist of 15-20 slides not including the title slide and slide for APA citations. Images may be included in the presentation but be sure to keep all image sizes low for this presentation.

Refer to the resource, "Creating Effective PowerPoint Presentations," located in the Student Success Center, for additional guidance on completing this assignment in the appropriate style.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a scoring guide. Please review the scoring guide prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the forLopesWrite Technical Support articles assistance.

Benchmark - Executive Summary

Description:

After the presentation about your selected country, provide an (350-500 word) executive summary.

Define the problem: who is affected? Where are they? What are the costs that an individual suffering from the problem bears? What technologies are emerging that could be used to solve the problem? What are the costs associated with it? What cost level would be needed to solve the problem?

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How would you recommend they enter the market? what infrastructure do they need in country to offer your solution? (i.e., ports, electricity, Internet, language, rule of law) Why? How would the solution be communicated to potential customers? Explain the impact of the convergence of multiple technologies through Moore's Law, the Hype Cycle and the 6 D's of Disruption.

While APA style is not required for the body of this assessment, solid academic writing is expected, and documentation of sources should be presented using APA formatting guidelines, which can be found in the APA Style Guide, located in the Student Success Center.

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

You are required to submit this assignment to LopesWrite. Refer to the articles forLopesWrite Technical Support assistance.

This assignment assesses Competencies 3.2, 3.12 and 5.6: Analyze the economic, legal, and cultural factors that affect organizations in the global business environment.

Topic 8 DQ 1

Description:

Describe 3 emerging global technologies and explain where each one is on the hype cycle. Defend your explanation.

Topic 8 DQ 2

Description:

Research a company that failed because they did not adapt. What technology disrupted them and how long did it take? Think Kodak or Blockbuster: Describe how a particular company or industry was eliminated by a new technology. For example, how did the digital camera destroy the film market? What was the impact of the convergence of these technologies through Moore's Law, the Hype Cycle and the 6 D's of Disruption?

Grade Scale

Final Grade Column

Letter Grade GPA Value Minimum (%) Maximum (%)

A 4.0 93.0 100.0

A- 3.7 90.0 92.99

B+ 3.3 87.0 89.99

B 3.0 83.0 86.99

B- 2.7 80.0 82.99

C+ 2.3 77.0 79.99

C 2.0 70.0 76.99

D 1.0 60.0 69.99

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F 0.0 0.02 59.99

I 0.0 0.0 0.01

Grade Categories

Assignments (%) Points Percentile

Business Organization and Entry Strategies Worksheet 80.0 --

CLC: Communication and Negotiation Presentation 100.0 --

Rule of Law and Ethics Worksheet 80.0 --

CLC: Impact of Colonization Presentation 100.0 --

CLC: FINAL Group Presentation 200.0 --

Benchmark - Executive Summary 100.0 --

CLC: Cultural Differences Presentation 100.0 --

Discussion Question (%) Points Percentile

Topic 6 DQ 1 5.0 --

Topic 6 DQ 2 5.0 --

Topic 1 DQ 2 5.0 --

Topic 5 DQ 1 5.0 --

Topic 4 DQ 1 5.0 --

Topic 8 DQ 2 5.0 --

Topic 2 DQ 1 5.0 --

Topic 3 DQ 2 5.0 --

Topic 5 DQ 2 5.0 --

Topic 4 DQ 2 5.0 --

Topic 7 DQ 1 5.0 --

Topic 3 DQ 1 5.0 --

Topic 8 DQ 1 5.0 --

Topic 7 DQ 2 5.0 --

Topic 1 DQ 1 5.0 --

Topic 2 DQ 2 5.0 --

Participation (%) Points Percentile

20.0 --

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Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Participation (%) Points Percentile

20.0 --

Class Effective Start: May 25, 2020