ChabotCollegeFall 2008
Course Outline for Business 40
INTERNATIONAL BUSINESS
Catalog Description:
40 - International Business3 units
Exploration of major factors involved in developing international trade. An overview of globalization, its impact on both Western and non-Western societies, theories of global trade, monetary environment, foreign market analysis, sociocultural forces, global ethics, global political and economic institutions, and international operations. Emphasis on current events in the global business environment. 3 hours.
[Typical contact hours: 52.5]
Prerequisite Skills:
None
Expected Outcomes for Students:
Upon completion of this course, the student should be able to:
1.critically assess globalization and its impact on both Western and non-Western societies;
2.discuss the significance of the sociocultural environment for international business, the impact that culture has on customer behavior, business environment, and human resources;
3.discuss the environment in which international business is conducted;
4.identify and explain the dynamics behind multinational enterprises: why companies go abroad, problems and risks encountered, and the incentives for doing so;
5.demonstrate the functional management aspects of a multinational operation and its possible effects on the home and host nation;
6.discuss the complexities of the balance of trade and economic interactions among nations;
7.analyze investment and marketing opportunities in foreign markets;
8.compare and contrast economic theories of international business in their historical perspective;
7.assess the role and functions of global economic and political institutions in managing current global issues.
Course Content:
1.The scope and context of international business; the historical perspective of the field.
2.Economic theories of international business and international monetary system.
3.International organizations: UN, WTO, IMF, EU, NAFTA; their functions, advantages and criticisms.
4.Economic, financial, sociocultural, political, and legal environments of international business.
5.Structure, growth, and influences of multinational companies on society.
6.Assessment and analysis of international markets.
7.International marketing; differences in consumer behavior and habits among nations.
8.Global human resource management.
ChabotCollege
Course Outline for Business 40, Page 2
Fall 2008
Methods of Presentation:
1.Lectures/discussion
2.Classroom participation
3. Project presentation
4.Case studies
Assignments and Methods of Evaluating Student Progress:
1.Typical Assignments
- Choose a country. Develop a 10-15 minute presentation addressing five major points:
1)General information about the country.
2)Describe its political system. Assess its political risk.
3)Describe the economic system.
4)Describe the cultural system. Use Hofstede’s dimensions. Summarize the relationship among the country’s political, economic, and cultural systems.
5)Provide conclusions. Would you invest into the country’s economy? Why or why not?
b.Assume you are given a two-year assignment to serve as a general manager in a manufacturing firm in a country of your choice. Write a report that addresses reasons why you would or would not accept the position.
2.Methods of Evaluating Student Progress
a. Examinations
b.Class presentations
c.Case analysis
d.Final examination
Textbook(s) Typical:
INTERNATIONAL BUSINESS: THE CHALLENGES OF GLOBALIZATION, Wild, Wild, Han, Prentice Hall: 2008
GLOBAL BUSINESS, Charles W. L. Hill, Irwin/McGraw-Hill 2008
INTERNATIONAL BUSINESS, A MANAGERIAL PERSPECTIVE, Ricky W. Griffin, Michael W. Pustay, Addison Wesley, 2007
Special Student Materials:
None