International Business

Introduction

Agenda – Week 1.1  Introduction of class – students and professor

 Introduction of course content

 Course etiquette

 Discussion of syllabus & course evaluation criteria

 Introduction of GROUP PROJECT for this course

 Forming the TEAMS for the GROUP PROJECT

 Assignments for Week 1.2

 Questions and Answers

Introduction of our Class

Course Etiquette

What does ‘Etiquette’ mean?

How – do YOU think – should our course etiquette look like?

What does the business world have in common with university life?

Introduction of Course Content  I. Assessing the Environment (Chapter 1)

 A. The Global Business Environment

 B. The Political and Economic Environment

 C. The Legal Environment

 D. The Technological Environment

 II. Managing Interdependence (Chapter 2)  A. The Social Responsibility of MNCs

 B. Ethics in Global Management

 C. Managing Interdependence

Introduction of Course Content  III. Understanding the Role of Culture (Chapter 3)

 A. Culture and its Effects on Organizations

 B. Cultural Value Dimensions

 C. Culture and Management Styles around the Globe

 IV. Communicating Across Cultures (Chapter 4)  A. The Communication Process

 B. The Culture-Communication Link

 C. Information Technology

 D. Managing Cross-Cultural Communications

Introduction of Course Content  V. Cross-Cultural Negotiation and Decision

Making (Chapter 5)  A. The Negotiation Process

 B. Understanding Negotiation Styles

 C. Managing Negotiation

 E. Decision Making

 VI. Formulating Strategy (Chapter 6)  A. Reasons for Going International

 B. Strategic Formulation Process

 C. Steps in Developing International & Global Strategies

Introduction of Course Content  VII. Global Alliances and Strategy Implementation

(Chapter 7)  A. Strategic Alliances

 B. Strategic Implementation

 VIII. Staffing and Training for Global Operations

(Chapter 9)  A. Staffing Philosophies for Global Operations

 B. Global Selection

 C. Training and Development

 D. Compensating Expatriates

 E. Compensating Host-Country Nationals

Introduction of Course Content  IX. Developing a Global Management Cadre

(Chapter 10)

 A. Preparation, Adaptation and Repatriation

 B. Global Management Teams

 C. The Role of Women in International Management

 D. Global Multiculturalism: Managing Diversity

 E. Working Within Local Labor Relations Systems

Introduction of Course Content  X. Motivating and Leading (Chapter 11)

 A. Motivating

 B. Cross-Cultural Research on Motivation

 C. Leading

 D. The Global Leader’s Role and Environment

 E. The E-Business Effect on Leadership

 F. Cross-Cultural Research on Leadership

 G. Contingency Leadership-The Cultural Variable

Syllabus & Evaluation Criteria

Questions about the Syllabus?

Evaluation Criteria: 1. Quizzes 15%

2. Group Project: Strategic Analysis

Paper & Presentations 40%

3. In-Class Assignments 15%

4. Individual Presentation 15%

5. Final Exam 15%

IBUS 2002 GROUP PROJECT

Let’s get started…

 Get to know your class mates

 Find your team mates

 Seek for diversity within your team!!

 Review Group Contract

195 COUNTRIES – know them all!

Assignments for next Session, Week 1.2:

 Study Chapter 1 in Text Book

 Study World Geography for in-class workshop:  www.geoquizzes.com

 Prepare for Group Project:  Ready to sign group contract/hand in

 Discuss/ready to select market/country

 Discuss/ready to assign roles/responsibilities