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UMUC-Europe Syllabus

Common Syllabus for BMGT392

Course Title:

Global Business Management

Course Materials:

International Business
Edition: 12th
Publisher: Pearson Education
Author: Daniels, Radenbaugh, and Sullivan

Course Description:

Prerequisites: BMGT 110 or at least two years of business and management experience.
Examination and analysis of international business in its historical, theoretical, environmental, and functional dimensions. Focus is on understanding the growing economic interdependence of nations and the impact on managerial and corporate policy decisions that transcend national boundaries. Topics include the nature and scope of international business; the institutional, sociocultural, political, legal, ethical, and economic environments; trade, foreign investment, and development; transnational management, including global operations, strategic planning, human resources, marketing, and finance; and international business diplomacy and conflict resolution. Students may receive credit for only one of the following courses: BMGT 392, MGMT 305, or TMGT 390.

Course Goals/Objectives:

The goals of this course are for students to learn about the framework in which business operates internationally, how international business differs from domestic business practices, and how foreign and domestic factors, such as environmental, political, and economic considerations, can influence international trade.

After completing this course, the student should be able to:

(1) Identify, define and comprehend key concepts, theories and issues associated with international business transactions.
(2) Assess the impact of national policies have on international business practices and the increasing importance of international business on a nation's economy.
(3) Demonstrate an understanding of the role of government, corporations and other business entities, banks, global institutions and regional organizations in international business transactions, including trade, foreign investment and economic development.
(4) Identify and evaluate issues related to business operations, competition, and management in an international context.
(5) Develop critical thinking, analytic, and effective communication skills through case analyses, research, presentations and class discussions.
(6) Utilize skills to conduct research on topics of relevant interest.
(7) Apply applicable skills and knowledge in the relevant cross curriculum initiatives including effective writing, information literacy, globalization, computerization, civic responsibility and an historical perspective.

Course Introduction:

This course provides an overview of the international environment of business and management. The course will focus on the expanding globalization of the world marketplace, regulations that define the marketplace, and the institutions and organizations with which governments, corporations, people, and programs must transact and interact. This course will cover many aspects that affect international business operations, the formation of government and institutional policies, and the methods of cross-border dispute and conflict resolution.

Grading Information and Criteria:

The final grade for the course will be based on the scores/grades earned from the exams, assignments (i.e. research paper, case briefings, etc), class participation and other assigned work. Quality and timeliness of completing all assignments will also be a factor in the determination of the final grade.

This course consists of the following graded items: [Note: The specific percentages and nature of the assignments will be at the discretion of the instructor and will be established at the start of the semester]

Participation:        10%
*Written Assignments: 25%
Midterm:              25%
Final Examination:    40%
Total                100%

*May include research paper, individual/group projects, quizzes, case briefings, critiques, solutions to problems, outline of chapters)

A = 90-100%
B = 80-89%
C = 70-79%
D = 60-69%
F below 60%

By registering for this course, you have made a commitment to all the requirements for this course. The syllabus delineates the planned requirements for the semester. Other assignments, such as case briefings, problems, exercises, and so forth may be assigned either at the beginning of or during the course. Please note that the schedule is only a guide, and at times we may either fall behind or progress ahead, depending on the circumstances.
NOTE: the instructor has the right to modify this syllabus with prior notice to the students.

Other Information:

STUDENT RESPONSIBILITIES
1. Participation:
Participate regularly and positively in all course assignments and activities. You may wish to note that participation counts towards your final grade.
2. Preparation:
Read and study the assigned text and other related materials ahead of
time. Prepare critical questions on reading assignments for discussion.
3. Assignments:
Submit assignments on time. Points will be deducted for late submissions unless otherwise indicated. You are responsible for keeping copies of all your work including graded exams and assignments and should be able to produce the same, if needed. The instructor will provide further direction and instructions regarding the submission of assignments
4. Student Conduct
Students are expected to conduct themselves, at all times, with professional integrity and respect towards each other and the instructor. Students are subject to the UMUC Code of Student Conduct, which may involve disciplinary action for violations of UMUC policies. (See catalog)
5. Cooperation:
Cooperate with your group members and work as a team if assigned group projects.
Cooperate with the instructor to enhance the learning environment by providing constructive feedback on problems that may be of concern to you.
6. Research
Conduct research in a timely and professional manner in accordance with prior defined
expectations.
7. Examinations:
a. Scheduled exams: Take all exams on the regularly scheduled date.
b. Make ups: There will be no make up exams except in cases of unavoidable
circumstances which must be verified.
c. Incomplete: No incompletes (I) will be given except in case of a bona fide emergency
and with completion of substantial amount of the performance and in conformity with
university policy and guidelines.
8. Academic Integrity:
All students are expected to conduct themselves in a manner consistent With the University
College's policy on Academic Integrity.

Project Descriptions:

The project may be a research report or a country analysis or a book critique or a review of current events or another similar project at the instructor's discretion.
1. Paper Requirements
a. Due Date: See Course Schedule.
b. Form: (insert font style/number and min/max length of paper)
c. Citation Style: The paper should conform to (insert citation style) citation style standards as described in (insert style manual). It should be typed, double spaced, have page numbers, and (insert whether there should be in-paper citations, footnotes, or endnotes) with correct citations. The paper should also have a bibliography of sources used, which includes for each entry the author, title, publisher, year, and pages and which is in proper citation style.
d. Parameters: Your topic must deal with a current aspect of the course that has been submitted to the professor for approval (See Course Schedule for Due Dates). Your research should include sound academic sources, such as articles from law journals obtained through the Index to Periodicals, Lexis/Nexis, the Internet, World Wide Web, and other methodologies for accessing information. Your submission should be on time (See Course Schedule). and conform to the following process: First, an initial list of sources. Second, an outline (using the format below). Third, a final list of sources. Fourth, a draft. Finally, the final version of your paper (using the format below):
1) Purpose/Thesis statement
A well-defined thesis statement includes the purposes or assumptions or hypothesis of your research. It differentiates your paper from any current research.
2) Discussion
Your Discussion should include your research results.
3) Evaluation
Your Evaluation should present your critical analysis of your research findings.
4) Recommendations
Your Recommendations should include a justification for both the choices you recommend as well as an explanation of why other choices are not recommended
5) Conclusion
Your Conclusion should not contain any new research, discussion, evaluation, or recommendations. It should be a succinct wrap-up that is directly related to your statement of Purpose/Thesis in your Introduction.
6) Bibliography
Bibliography references
e. Evaluation Standards:
Your paper will be evaluated basis on the above guidelines. In addition to content, logic, grammar, and style will also be graded.
Late Papers: A paper that is turned in after the due date will be reduced one grade for each week that it is late. Thus, an "A" paper that is turned in the week after the due date will be reduced to "B". No papers will be accepted after (insert date).

2. Country Report Project
a. Select a country, which is not your country of origin, and write a minimum twenty page country report with recommendations to the President of XYZ Corporation, which has been considering expanding its international business operations to include the country of your choice.
b. Your report should include an analysis and evaluation of all factors in the business environment including:
* physical characteristics (geography, resources, etc.)
* demographic profile (population, workforce characteristics, etc.)
* social conditions and cultural values
* the political situation (political system, political risks, etc.)
* the economic condition (level of development, inflation, etc.)
* government trade policy
* government foreign investment policy
* foreign policy and relations
c. The bulk of your report, should explore the positive and negative aspects of the specific environmental variable which will have an impact on business operation in the selected country. The remaining pages should include specific recommendations on the types of investment or trade XYZ could undertake based upon your findings.
d. Your report should follow the format articulated in "Paper Requirements" above including a listing of at least ten sources, with at least three professional journals you have used to compile your country report.

3. Reaction Papers, Critiques, Book Reviews
a. Demonstrated ability to think and express oneself critically.
b. Ability to identify salient strengths and weaknesses and to react
critically and creatively.
c. The logical coherence and persuasiveness of your response.

4. Current Event Summaries
Students will be required to complete three current event summaries of their own choosing relating to a topic that was recently discussed in class.
The summary should include a brief statement of the facts, demonstrate an understanding of the relationship between the article and textual information and your opinion of how the particular event or issue would impact the conduct of business. The summary should be no more than one page, double spaced.

Academic Policies:

Cases of plagiarism are handled consistent with current UMUC guidelines.
See the UMUC policies at the following URL:
http://www.umuc.edu/policy/

Course Schedule:

* Subject to change with prior notice to students and relevancy to text book.

Meeting 1
Readings
Chapters 1 Overview
Assignments, etc.
Discuss Syllabus and course mechanics

Meeting 2
Readings
Chapters 2 -3 Comparative Environmental Frameworks,

Meeting 3
Readings
Chapters 3 - 4 Comparative Environmental Framework

Meeting 4
Readings
Chapters 5 -6 Trade/Investment Theories and Institutions
Assignments, etc.
Paper topic due

Meeting 5
Readings
Chapters 6 -7 Trade/Investment Theories and Institutions

Meeting 6
Readings
Chapters 7 -8 Trade/Investment Theories and Institutions
Assignments, etc.
Paper Checkpoint #1 due: List of resources

Meeting 7
Readings
Chapters 8 -9 Global Financial Mgt.

Meeting 8
Readings
Chapters 9 -10 Global Financial Mgt.
Assignments, etc.
Paper Checkpoint #2 due: Outline

Meeting 9
Assignments, etc.
Midterm Exam (2 hours): Chapters 1 - 10

Meeting 10
Readings
Chapter 11 Government and Business,

Meeting 11
Readings
Chapters 12- 13 Government and Business & Global Operations: Tactics

Meeting 12
Readings
Chapters 14 - 15 Global Operations: Tactics
Assignments, etc.
Paper Checkpoint #3: Draft of final version, and final list of resources

Meeting 13
Readings
Chapters 16 - 17 Global Operations: Managing Business Functions

Meeting 14
Readings
Chapters 18 - 19 Global Operations: Managing Business Functions,

Meeting 15
Readings
Chapter 20 -21 Global Operations: Managing Business Functions
Assignments, etc.
Paper due: Final version

Meeting 16
Assignments, etc.
Final Exam (3 hours): Chapters 11 -21
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