IBM600 - International Business Management

Outline info
Semester
School
Last revision date 2013-03-07 14:49:16.134
Last review date 2013-04-08 00:15:01.036


Subject Title
International Business Management

Subject Description
Around the world, company managers are creating a new business order by internationalizing corporate activity. This course focuses on concepts that should be known by students intending to be involved in global commerce.

Credit Status
One Credit.

Learning Outcomes
Upon successful completion of this subject the student will be able to:

1. Explain the importance to Canadian managers of thinking international and learning how to operate outside of Canada.

2. Understand how country differences in political economy, culture, language, social structure, religion, education, location and resources affect business around the world.

3. Identify and describe the major opportunities and challenges in world markets for Canadian business.

4. Explain the effects that changes in the value of a country's currency have on trade and how companies can reduce the resultant risk.

5. Define international trade and its importance to the Canadian economy.

6. Explain the incentives and risks of foreign direct investment.

7. Explain and describe the methods used by companies to enter international markets.

8. Describe how Canadian governments play a major role in international business.

9. Discuss current events that affect Canada's international business.

Cheating and Plagiarism
Each student should be aware of the College's policy regarding Cheating and Plagiarism. Seneca's Academic Policy will be strictly enforced.

To support academic honesty at Seneca College, all work submitted by students may be reviewed for authenticity and originality, utilizing software tools and third party services. Please visit the Academic Honesty site on http://library.senecacollege.ca for further information regarding cheating and plagiarism policies and procedures.

Discrimination/Harassment
All students and employees have the right to study and work in an environment that is free from discrimination and/or harassment. Language or activities that defeat this objective violate the College Policy on Discrimination/Harassment and shall not be tolerated. Information and assistance are available from the Student Conduct Office at student.conduct@senecacollege.ca.

Accommodation for Students with Disabilities
The College will provide reasonable accommodation to students with disabilities in order to promote academic success. If you require accommodation, contact the Counselling and Disabilities Services Office at ext. 22900 to initiate the process for documenting, assessing and implementing your individual accommodation needs.

Prerequisite(s)
BUS 106, or BUS 107 and 108, MRK 108

Co-requisite

EAC 150

Topic Outline
See below 

Mode of Instruction
Lectures will be based on the textbook, handouts, reference material, and research using the world wide web. Projects will be provided. 

Prescribed Texts
SENECA INTERNATIONAL BUSINESS WITH MYIBLAB RVP : 6th Edition;  John J. Wild, Kenneth L. Wild.
ISBN: 0-13-2847752

Reference Material
Seneca Libraries: Guide to Research and Citation:  MLA Style, Latest Version, Seneca College, Print. 

Required Supplies
None

Promotion Policy

Grading Policy
A+ 90%  to  100%
A 80%  to  89%
B+ 75%  to  79%
B 70%  to  74%
C+ 65%  to  69%
C 60%  to  64%
D 55%  to  59%
F 0%    to  54% (Not a Pass)
OR
EXC Excellent
SAT Satisfactory
UNSAT Unsatisfactory

For further information, see a copy of the Academic Policy, available online (http://www.senecacollege.ca/academic-policy) or at Seneca's Registrar's Offices.

Modes of Evaluation
Quizzes and tests are to be written as scheduled. Quizzes missed for any reason other than medical problems will result in a zero mark. In the case of illness, valid documented evidence must be presented within one week of the quiz date. Assignments must be submitted in prescribed form on the specified due date.

Term Tests/Mid-Term 
  30%
Projects and Classroom activities 
  40%
Final Exam
  30%
TOTAL
100%


ASSIGNMENTS, TESTS, AND PRESENTATIONS POLICY

As would be expected in a business environment, if you cannot meet a deadline or will be absent, you must inform key people.  Some work is time-sensitive and cannot be delayed.  Other work can be delayed, though there are likely consequences of being late. The following guidelines are structured to be relevant, balancing fairness and compassion without compromising standards.  Students must ultimately prove mastery of course outcomes to pass.

Missed Tests & Presentations

Students are required to complete all tests, in-class assignments, and presentations on the scheduled dates and times. Missed tests, in-class assignments, and presentations will result in a grade of zero.  If there is a valid and unavoidable reason, the student must notify the professor by email or phone prior to the scheduled class time.  If by phone, the student must follow up with an email within 48 hours.  The email must provide the reason for missing the test, assignment, or presentation and relevant supporting documentation may be required.

Late Assignments

Assignments are to be submitted on the specified due date.  If assignments are handed in late without a valid reason and/or sufficient notice, the professor reserves the right to deduct 10% per day for each day that the assignment is late (not including weekends or holidays). Assignments will not be accepted after the return of graded assignments to the class or after five business days, whichever is earlier.

Note: Always use your Seneca email account to send a message to the professor - using any other account may result in your message being deleted by the college’s spam filter.  Always keep a copy of your email message in case verification is required.

English Competency

The ability to communicate effectively is essential for success in business.  Therefore, you must demonstrate English competency in this subject in both oral and written work.  Strive to be clear and concise.  Ensure your written work is consistent with the rules of English grammar, especially in sentence structure, spelling, and punctuation.  Always spell-check, edit, and proof-read your work.

  • Writing is consistent with the rules of English grammar
  • Spelling and punctuation are correct
  • Appropriate vocabulary used
  • Sentences are structured correctly
  • Main points to be supported with specific, relevant examples and reasons
  • Work to flow logically through supporting statements/paragraphs
  • Work to be arranged in correct format (i.e., reports, essays)
  • Presentation/layout must be attractive

Participation

As is true of most courses, what you get out of this course is highly correlated to what you put into it.  Your degree of preparation, class attendance, efforts in independent homework assignments and participation in discussions will all affect how well you do in the course.  It is assumed that each student will have read all assigned chapters prior to class meetings.

PLEASE KEEP THIS DOCUMENT FOR FUTURE REFERENCE.  IT WILL BE REQUIRED IF YOU APPLY TO ANOTHER EDUCATIONAL INSTITUTION AND SEEK ADVANCED STANDING!

Detailed Topic Outline

WEEK
TOPIC
    CHAPTER
1
Overview of International Business
Global Marketplaces
1
Web Based Materials
2
The Business Environment of Nations - Political, Economic and Legal Issues
International Business Environment - Technology
3
Web Based Materials
International Business Environment - Culture and Society
2
Regionalization and Global Institutions
Economic Theories Advocating International Business

6 (Pages 158-164)
5
Global International Monetary Systems and Capital Markets
9
6
Global Foreign Exchange Markets
8
7
Review for Midterm Test
-
-
STUDY     WEEK 
                      -
8
Global Strategic Management and Modes of Entry
10
9
Export, Import, and Countertrade Practices 
12
10
Export, Import, and Countertrade Practices 
Global Manufacturing and the Supply Chain
12
14
11
Global Marketing and Research and Development
13
12
Global Human Resources and Labour Management
15
13
Catch-up and Review for Final Exam                       -
14
FINAL  EXAM                       -

Approved by: Chris Dudley