TOPICS IN INTERNATIONAL BUSINESS

BA 447 Fall 2005

(Revised Oct 21, 2005))

 

Professor:    Manolete V. Gonzalez, Phd             Email: gonzalezm@bus.oregonstate.edu

                        Office: B 224B

                        Office hours: T 1:00-2:00pm; W 11:00-12:00pm; Th 12:00-1:00pm

 

COURSE OBJECTIVES

 

The objective of this course is to investigate selected topics in International Business with the end in view of providing an understanding of “unique problems, characteristics, and demands” on a multinational enterprise.  Because the list of issues can be potentially long, we will identify a limited set of issues and attempt to study them well.  The course will be investigative in approach, so that students can continue to learn beyond this course; we will also study these from the perspective of strategic and operational decisions that multinational enterprises face.

 

In terms of learning outcomes for this course, you must demonstrate:

1) An awareness of strategic issues that can affect a multinational enterprise;

2) Capacity to investigate one such issue in its complexity;

3) And to determine the impact of these issues on a particular multinational enterprise.

 

The structure of this course is designed to allow investigation.  We will start with a framework within which to understand strategic issues that can affect multinational enterprises.  We will start with Thomas Friedman’s book, for no other reason than it is current and it provides a reasonably cohesive framework within which to understand how global business is evolving.  We will use our discussion of this book to define an initial list of issues for further study.  I have added a few other issues that I believe are relevant.  We will investigate these issues through a process of readings and discussion; in most cases I will provide the initial material, in all cases, I would like you, the student, to surprise me by suggesting material that are relevant and useful.  See the comment on Readings below.

 

REQUIREMENTS

 

Text: The World Is Flat by Thomas L. Friedman

Readings: Economist, The Financial Times, The Wall Street Journal and The Asian Wall Street Journal, websites of such organizations as the World Bank, and websites indicated in the schedule below.

 

You are expected to read the assigned chapters of the text and contents of website indicated in the schedule below.  You should also regularly scan the headlines of the publications under Readings and read the articles that interest you and which you think relate to topics covered in this class.  If you do not subscribe to these publications, go to the library and go over issues published this year.

 

There will be quizzes and un-graded in-class writing exercises to measure the first learning outcome.  The objective of these class activities is to encourage preparation before coming to class and participation, both of which serve to build awareness of the materials being covered.   A term project, which will be written and presented, will be required and used to measure the second and third learning outcomes. 

 

TERM PROJECT

 

I will break up the class into groups early in the term.  Each group will identify an ISSUE that will be discussed early in the term AND a multinational CORPORATION from a list that I will provide and write a two-part term project:

A) ISSUE PORTION: An in depth investigation of an issue raised early in the term or suggested in the syllabus.

B) CORPORATION PORTION: An investigation of issues discussed in class which may have a strategic impact on the company of their choosing.

 

Both of these portions of the term projects must be of a quality that one would submit to senior executives of a multinational company, e.g. the CEO and/or the Board.  The term project will be submitted in two parts and each group will be asked to present both to the class.  (Please refer to the Schedule.) 

 

Regarding the ISSUE PORTION of the term project, a good report will contain the following:

1) A description of the ISSUE or development being investigated, including a discussion of symptoms, e.g. events reported in popular press that point to this ISSUE, and its nature e.g. technological in nature, political, religious, etc.

2) A discussion of why this is relevant to multinational corporations in general.

3) A discussion of its history or its roots, the areas of the globe it affects, and different sides or aspects of the issue. 

4) What is the “conventional wisdom” or popular thinking on this ISSUE?  What does your group’s research suggest as a more informed view of the ISSUE.

An example of a potential development could be the rise of China as a military power with economic muscle (or vise versa) and its willingness to flaunt it.

 

Regarding the CORPORATION PORTION, a good paper will contain the following:

1) A description/summary of factors that matter to the multinational company of your choosing, i.e. what are important with respect to major strategic and operating decisions that the multinational faces. 

a) This will involve a review of the company’s products, where these are produced, where these are sold, and what are key areas in their supply chain.

b) Based on item (a), a discussion of vulnerabilities are and opportunities.

3) Potential developments in the global arena which may impact this company and expose its vulnerabilities or which it can take advantage.

 

GRADES

 

The following will provide the basis for a students grade:

 

                                                                        Weight

Quizzes and in-class writing                          30%

 

Report (A)                                                        40%

 

Report (B)                                                        30%

 

No midterm or final exams will be required for this course.  Because of the nature of the course, this is a topics course, and the nature of the topics we will cover, the requirements above should suffice.


course schedule

ba 447 Fall 2005 gonzalez

1.      Subject to change.  Changes will be announced in class and a revised version of this schedule will be posted.

2.      Should a guest speaker be scheduled, please submit a short summary of what was presented for check-off.

 

 

 

Day

Topic (Ch # refers to Friedman book)

09/27

How the World Became Flat

Ch 1: While I Was Sleeping

Introduction to the course; course requirements; brainstorming exercise “what are the major issues facing multinational companies?”

09/29

Ch 2: The 10 Forces that Flattened the World 

Ch 3: The Triple Convergence

DISCUSS ISSUES PORTION OF TERM PROJECT

FORM GROUPS

10/04

Ch 4: The Great Sorting Out

Ch 10: How Companies Cope

DISCUSS CORPORATE PORTION OF TERM PROJECT

FINALIZE GROUPS

 

10/06

Developing Countries and the Flat World

Ch 9: The Virgin of Guadalupe

10/11

-         Continue with Ch 9: Other “Outsourcing” Countries

10/13

Geopolitics and the Flat World

Ch 11: The Unflat World

Ch 12: The Dell Theory of Conflict Prevention

10/18

Governance.

Ch 11 and 12 talks about governance, governments working to improve economies.  The book suggests that governments have adopted open economies.  Are these really open and democratic?  Scan Readings for relevant material and decide for yourself.

10/20

Corruption.

Reading on the SAUD family <http://www.theatlantic.com/doc/200305/baer>;

also scan Readings

10/25

WTO – general introduction

Reading material:

<http://www.wto.org/english/thewto_e/whatis_e/whatis_e.htm>

10/27

WTO – issues

11/01

Environment.

Scan Readings and your other sources on Global warming and international efforts towards sustainable developments

11/03

Guest Speaker: cancelled. In lieu of this activity,

America and the Flat World

Ch 5, 6, 7 & 8

Scan Readings on ethical issues surrounding Wal-Mart.

11/08

 * NOTE:  Use 11/08 and 11/10 to work on Term Projects.  I will keep office hours during the class period on these two days to provide students the opportunity to consult with me on specific questions regarding their term projects.  Student groups will present the results of their findings on the ISSUES portion of their term projects on 11/15, 11/17, and 11/22.  Assume 10-15 minutes for presentation, 110-15 minutes for Q&A per group.

11/10

    * see note above

11/15

    * see note above

11/17

    * see note above

11/22

    * see note above

11/24

THANKSGIVING

11/29

Present impact on Corporation portion

12/01

Present impact on Corporation portion; wrap up.

 

 

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