BUS 637 and BUS 638 - Week 1,2 Discussion 1 & 2

Week 2 - Discussion Forum 1

Required Resources

Text

Peng, M. W. (2017).  Global business  (4th ed.) . Retrieved from https://redshelf.com/

· Chapter 5: Trading Internationally

· Chapter 6: Investing Abroad Directly

· Chapter 7: Dealing with Foreign Exchange

Multimedia

Dalio, R. (2017, April).  Ray Dalio at TED2017: How to build a company where the best ideas win (Links to an external site.)  [Video file]. Retrieved from https://www.ted.com/talks/ray_dalio_how_to_build_a_company_where_the_best_ideas_win

· This video provides information about business strategy and will assist you in your Foreign Exchange Strategies discussion forum this week. This video has closed captioning and a transcript. Accessibility Statement does not exist. Privacy Policy (Links to an external site.)

Website

Slack (Links to an external site.). (https://slack.com/)

· This website provides information about Slack and will assist you in your Foreign Partner Research : Trade discussion forum this week. Accessibility Statement (Links to an external site.) Privacy Policy (Links to an external site.)

 

Recommended Resource

Web Page

Antweiler, W. (2019).  Fx charts & plots (v2.16) (Links to an external site.). Retrieved from http://fx.sauder.ubc.ca/plot.html

· This web page provides information about foreign exchange rates and may assist you in your Impact of Currency Fluctuation assignment this week. Accessibility Statement does not exist. Privacy Policy does not exist.

INSTRUCTION

Prior to beginning work on this discussion forum, read Chapter 5, Trading Internationally, in the required textbook and review the website  Slack (Links to an external site.). Use  Slack (Links to an external site.) to communicate with your foreign student research partner(s) and explore the trade environment of the foreign marketplace for the final paper. Incorporate the following elements into your research and ask your research partner to comment and provide feedback on your research:

· Current trade environment with the United States.

· Current trade barriers (non-tariff and tariff).

· Review the target country through Porter’s diamond model.

· Review ethical dilemmas of exporting to the foreign target market (see Chapter 5 Emerging Markets, section 5.1 Expanding UK Exports in Russia).

· Evaluate the foreign direct investment (FDI) environment and potential for ownership, location, and internationalization (OLI) advantages.

Prepare a brief synopsis of your partner research. Your initial post should be 200 to 300 words. You should use at least two credible and recent sources in addition to the course textbook. Your post must be organized using APA Style headings as outlined in the  APA Style Elements (Links to an external site.).