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BA 4371: INTERNATIONAL BUSINESS Spring 2005 – Section 004 Instructor: Class Time: Office: Office Hours: Phone: Email

: Dr. Davina Vora Monday 2-4:45pm SM 4.412 Tuesdays 6-7pm or by appointment 972-883-4386 davina.vora@utdallas.edu Available at the on- and off-campus bookstore: Hill, C. (2004). Global Business Today. 3rd edition. New York, NY: McGrawHill Higher Education. Available on Reserve at the UTD Library: Morris, R. & Lawrence, A. (2003). Nike’s Dispute with the University of Oregon. In M. Hitt, R. Ireland, & R. Hoskisson, Strategic Management: Competitiveness and Globalization (5th ed., pp. C366-C373). Course Objectives The purpose of this course is to introduce students to the fundamental concepts of international business. It will provide students with a basic understanding of the global business environment. This course covers the macro-level environmental factors that affect international businesses today. We will discuss such topics as globalization, country environments (political, legal, and economic), culture, global trade and foreign direct investment, regional economic integration, the foreign exchange market, the global monetary system, international strategy, and international human resource management. Students should leave this course with an increased appreciation of the challenges and opportunities of doing business internationally. Grading Your grade in this course is determined as follows: Individual Assignments: Exam 1: Exam 2: Case Write-Ups: Class Participation & Other Assignments: Group Assignments: Country Project Report (including peer evaluations): Country Project Presentation: 25% 25% 10% 10% Grading Scale: 100 94-99 90-93 87-89 84-86 80-83 77-79 74-76 70-73 67-69 64-66 60-63 Below 60 A+ A AB+ B BC+ C CD+ D DF

Required Readings:

20% 10%

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Exams All exams are non-comprehensive and include assigned readings as well as material covered in class. They will consist of multiple choice and short answer questions. Requests for rescheduling an exam will be considered only with timely notification to the instructor and appropriate documentation such as a written medical excuse or a note from the academic dean. It is your responsibility to inform the instructor in advance of the exam. Approval for rescheduling is at the discretion of the instructor. Individual Case Write-Ups All students are responsible for thinking about and answering the questions corresponding to the cases. You may be cold-called to present their answers. Thus, you should be prepared for every case. However, students are only required to submit two cases for a grade (see below). Students may select which two cases they would like to submit (see the tentative course schedule for the dates and names of cases). Note that these case write-ups are to be done on an individual basis. Do not consult others about this assignment. Responses to the case questions are due in class on the due date of the case. The answers should be concise and clearly address the questions in the case. Please limit your responses to no more than 2 typed, doublespaced pages, in 10-point font or larger. Write your complete responses to each question using full, grammatically correct sentences without spelling errors. Include the number of each question being answered in front of each answer, but do not rewrite each question. Points will be deducted for spelling and grammar mistakes. Handwritten and electronic responses are not acceptable. Participation and Other Assignments It is expected that you regularly attend class, arrive punctually to class, and remain up-to-date on assigned readings. Note that you are expected to read the assigned readings before each class, and to be prepared to lead the discussion on cases. This will facilitate meaningful discourse about the material. You are strongly encouraged to ask questions and make comments on the material. You are also required to attend all group project presentations. In addition, you are expected to be aware of international current events. Starting the fourth class period, members of a particular group (to be assigned no later than the third class period) will be responsible for researching the current world events, covering most regions of the world (i.e. East Asia, Europe, Mexico/Latin America, North Africa/Middle East, South Asia/Southeast Asia/Australia, and Sub-Saharan Africa) and presenting this to the class. Given that each group is responsible for covering the entire world, groups will decide which group member will present the news about which region. Every member of the group will individually research the news for a specific region of the world. In class, the student will point to the country or region in which the event occurred on a map provided by the instructor, give a brief summary of an event that occurred somewhere in the region, mention how this event affects international business, and answer any questions the class may have about this event. A copy of the page or printout from which the news was taken should be given to the instructor with the student’s name on it after presenting to the class. Students who are not present for their turn or do not complete the assignment will receive a zero grade for this assignment. The date on which members of a group are responsible for covering current events are listed in the syllabus. Everyone is expected to participate in the in-class debate on Nike, to take place on February 21. You should read the case “Nike’s Dispute with the University of Oregon,” located on reserve in the library. In addition, each group is expected to find a minimum of 5 sources supporting and/or opposing the statement: “Nike is not doing enough to establish a climate for ethical and socially responsible practices within the firm.” The typed list of sources must be submitted to the instructor the day of the debate. Groups will be
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randomly selected to support or oppose this statement. All students should articulate their assigned viewpoint using their group’s findings to support their arguments. You are also requested to complete and submit the student information sheet at the end of the syllabus. This will help me learn about your backgrounds, as well as link names to faces. I may periodically assign additional assignments not listed on the syllabus. You are expected to complete these assignments on time. Your participation grade will reflect the degree to which you contribute to class, rather than simply whether you are physically present. Excellent class participation is characterized by a student consistently attending class, contributing to case (and other) discussions, being well-prepared for the current event assignment, and demonstrating superior understanding and insight on the material. Good class participation is characterized by students consistently attending class and contributing to case (and other) discussions as well as being reasonably prepared for the current event assignment, while only occasionally demonstrating superior understanding and insights on the material. Poor class participation is characterized by a student inconsistently attending class and contributing to class discussion, demonstrating lack of preparation for the current event assignment, and rarely demonstrating superior understanding and insights. Country Project Report Groups will be formed no later than the third week of class. Each group will be randomly assigned a particular region of the world. Within this region, you may select one country to research. Selection of the country must be approved by the instructor. For that country, the group will survey the political, economic, cultural, trade, and monetary environment. Use the chapters in the textbook and material discussed in class as a guideline for areas to cover in the project report. In addition to covering the main topics as listed above, each group is expected to outline the challenges and opportunities of conducting business in the country and provide relevant guidelines for successful international business ventures in the country based on their research about the country as well as international business. The written report should be 12-15 pages in length (typed, double-spaced, and error free in 10-12 point font), excluding the cover page, table of contents, list of references, and appendices. In addition to the main content, all written reports must include a cover page, a table of contents, page numbers, a list of current references (minimum of 10), and an appendix of key figures, charts, and the like. References should be written in American Psychological Association (APA) or Modern Language Association (MLA) format. If you are not familiar with these formats, consult manuals in the library. Current references should come from a variety of sources such as journals, websites, and books. Do not use the internet and textbook as your sole resources. You are encouraged to use headers and sub-headers to label different sections of the paper. Since points will be deducted for spelling and grammar mistakes, I strongly recommend that each group have its report proofread prior to submission. A detailed outline of the country project report is due on March 21. At this time, groups will meet with the instructor to discuss their progress and obtain feedback on their detailed outline, which should list the main points that will be made for different sections of the report. This is your opportunity to determine whether you are on the right track in terms of content and format, so you are encouraged to have already thoroughly researched the different portions of the paper and decided on a general organizational structure for the paper. A hard copy of the final report is due at the beginning of class on April 25. Each group is also required to email the instructor a soft copy of the report on April 25 for a plagiarism check. An e-copy does not replace a hard copy. Both a hard and e-copy are required to receive a grade for the project. Papers that have excessive plagiarism (over 50%) will automatically receive a grade of zero, while those with varying degrees of plagiarism will have points deducted based on the extent of the violation.
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Group projects will be graded as follows: 1) Content – 80% This is the most important part of the report. This shows a group’s ability to find, sift through, and compile information pertinent to this assignment. It also shows your analytical ability in terms of determining the challenges and opportunities of doing business in a country. Thoroughness, accuracy, and keen analysis should come through in this portion of the paper. 2) Process – 20% This refers to readability, flow, logic, organization, professional look, and writing mechanics of the report. Reports should be clear, concise, structured in a logical fashion and easily readable, with a logical flow of thoughts and ideas as well as transitions between paragraphs. The report should be devoid of spelling and grammatical errors. It should also look neat and professional, adhering to paper specifications noted above. Note that I will not re-assign individuals to a different group after the initial assignment has been made. It is the group’s responsibility to work together. Students desiring guidance on working with group members are welcome to ask me for advice. If group members are unable to work together, they have the right to fire themselves or another group member(s) from their group. In this case, the fired individual(s) must complete a different country project report individually, with the same specifications described above. Fired individual(s) should email me about being fired so that I can provide them with a different country to research. Country Project Presentation Each group will present a brief summary of its findings. Group presentations should be 20 minutes in length and should cover key points. It is not necessary to present everything in you papers: you should focus on a sub-sample of the most interesting points and include recommendations for successful business ventures in the country. You should also leave time for questions and comments from the class and be prepared to garner class participation. Creativity is encouraged in all presentations. You may wish to consider using role plays, mock business meetings, interview formats, or other devices to maintain interest. Groups should inform me two weeks prior to their presentations if you need any audio-visual equipment in addition to a podium, LCD panel for a laptop, DVD player, VCR, document camera, or whiteboard. Groups requiring use of a laptop should email me the necessary, virus-free materials one day prior to the presentation so that my laptop can be used for the presentation. This will reduce set-up time in class. Paper copies of any slides or other materials used in the presentation should be given to me at the beginning of class on April 25. The country project presentation will be graded as follows: 1) Content – 60% This aspect corresponds to what was written above about the group country project report. Evidence of thoroughness, accuracy, and a quality analysis should come through in the presentation. 2) Creativity – 20% Be creative and have fun when giving presentations. Let your creative juices flow. Do not simply read the paper aloud, but engage yourselves and the class in an active, interesting, fun presentation. You may want to show PowerPoint slides, do a skit, have a mock business meeting, produce a game show, or engage in other innovative presentation formats. 3) Presentation – 20%

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This area refers to general presentation skills. Students should be audible, come across as confident and knowledgeable, and clearly state their points. Practicing in advance is important and helpful.

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Peer Evaluations Teamwork is important in the workplace and in this class. Since the quality of group output is dependent upon each individual’s quality contribution, it is vital that each group member work as part of the team. Because I cannot assess the degree to which group members are performing their fair share of work, group members will anonymously evaluate the performance of each member. Members will assess each other (as well as themselves) on their contribution to the country project report, attendance at meetings, timely contribution to individually assigned tasks, and overall performance. Group members will multiply the number of people in their group by 100 points and assign their total points among the members. All members must receive between 80 and 120 points from each evaluator (i.e. you can not give someone a zero score). Each individual’s average score will be the basis for his/her peer evaluation score, which is multiplied by the overall group’s country project report score to obtain the final country project report score for that individual. For example, an individual who was a member of a six-person group that earned 80 points out of 100 on the country project report and who was given the peer evaluations shown in the table below would receive the overall group case analysis project grade as listed in the “individual project grade” column below. Thus, student E whose group received a country project report score of 80 and whose average peer evaluation score was 510/600, or 0.85, would obtain an individual country project report grade of 68. Note that I maintain the right to disregard self-ratings that are substantially higher than peer ratings. Student A B C D E F Total: Ratings From A 100 80 108 120 80 112 600 Ratings From B 100 85 100 120 80 115 600 Ratings From C 100 95 110 115 80 100 600 Ratings From D 100 85 100 120 80 115 600 Ratings from E 110 80 120 100 90 100 600 Ratings from F 100 100 100 100 100 100 600 Total Score 610 525 638 675 510 642 Individual Project Grade 80*1.02=81.3 80*0.875=70 80*1.063=85.06 80*1.125=90 80*0.85=68 80*1.07=85.6

WEBCT Class notes, the syllabus, and other relevant course-related materials will be posted on WEBCT. You may download this material from the website. In addition, you are advised to check your messages on WEBCT prior to each class session. This will be the main way of disseminating any messages or instructions relating to the course. Furthermore, groups will have a message area on WebCT to facilitate communication about the country project. Note that exam, written case, overall group country project report (i.e. without peer evaluation), and country project presentation grades will be posted on WebCT. WebCT can be accessed at webct.utdallas.edu using a UNIX ID and password. Contacting the Instructor Faculty have been requested to state in their syllabi that a new university policy to protect student privacy has been established. This policy states that faculty are not required to answer student emails unless they come from a UTD email account. Therefore, you are advised to contact me via my UTD email account from your own UTD account or through WebCT.

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Common Courtesy You are expected to be courteous during class time. Please respect your fellow students by turning off cell phones and beepers before class, refraining from talking with others when someone is speaking, and arriving punctually to class. Also, note that laptop usage during class is prohibited, as this is distracting to fellow students. Scholastic Dishonesty Any student who commits an act of scholastic dishonesty is subject to discipline. Scholastic dishonesty includes, but is not limited to, cheating, plagiarizing, colluding, submitting for credit any work or materials that are attributable in part or fully to another party, taking an exam for another person, and engaging in or attempting to engage in any act designed to give unfair advantage to a student. The University of Texas at Dallas has several procedures to deal with students who commit acts of scholastic dishonesty, ranging from flunking the course to being expelled from the university. Visit http://www.utdallas.edu/student/slife/TitleV.html for further information on this topic. Note that this course has specific grade reductions due to plagiarism. Plagiarism is a serious offense and points will be deducted for committing it. As noted in the section on group projects, papers that have excessive plagiarism (over 50%) will automatically receive a grade of zero, while those with varying degrees of plagiarism will have points deducted based on the extent of the violation. Five points will be deducted for 1-9% of the paper being plagiarized, ten points for 10-19%, twenty points for 20-29%, thirty points for 30-39%, and forty points for 40-49% of the paper taken from other sources. If you are not sure what plagiarism is or how to properly recognize sources, you are strongly encouraged to talk with me before submitting written work. Tentative Course Schedule You are responsible for having read the chapters in accordance with the dates below. Read the material BEFORE coming to class on the day it is to be discussed. Other reading materials may be assigned in addition to those in the schedule below, but these will be mentioned at least one class period in advance. Date Jan. 10 Jan. 17 Jan. 24 Jan. 31 Feb. 7 Topic Course Overview, Globalization No Class – MLK Day Country Differences in Political Economy Differences in Culture International Trade Theory Ch. 2 Ch. 3 Ch. 4 Disney in France (pp. 131-132) Group 1: Current events The Rise of the Indian Software Industry (pp. 167-168) The Political Economy of International Trade Feb. 14 The Political Economy of International Trade (con’t) Ch. 5 Ch. 5 Group 2: Current events Is a Tax Break an Export Subsidy? (pp. 204-205) Entering Foreign Markets Ch. 11 Chapter Ch. 1 Assignments Due

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Feb. 21

Exporting, Importing, and Countertrade Nike’s ethical practices (Debate)

Ch. 12 Reserve Reading

Artais Weather Check (pp. 440-441) “Nike’s Dispute with the University of Oregon” references for viewpoints Bring scantron sheet 882-E and a #2 pencil

Feb. 28

Exam 1

Mar. 7 Mar. 14

No Class – Spring Break Foreign Direct Investment Group 3: Current events Electrolux (pp. 242-243)

Mar. 21

Group Meetings – Groups will meet individually with the instructor to discuss their progress and detailed outline for the country project report Regional Economic Integration The Foreign Exchange Market

Ch. 6

Detailed Outline of Country Project Report

Mar. 28

Ch. 7 Ch. 8 Ch. 9

Group 4: Current events The Collapse of the Thai Baht in 1997 (pp. 311-312) Group 5: Current events Caterpillar, Inc. (pp. 352-353)

Apr. 4

The Global Monetary System

Apr. 11

Global Strategy

Ch. 10

Group 6: Current events Global Strategy at General Motors (pp. 389-390)

Apr. 18 Apr. 25

Global Human Resource Management Country Project Presentations

Ch. 15

Global Human Resource Management at Coca-Cola (pp. 535-536) Country Project Report Country Project Presentations

May 2

Exam 2

Bring scantron sheet 882-E and a #2 pencil

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Student Information Sheet BA 4371 Section 004 – Spring 2005 General Information Name: ____________________________

Phone # ____________________________ Email: Hometown: ____________________________ ____________________________ A copy of your photo ID here

Year of undergraduate program and focal area(s) of study:

Work experience:

International experience (study abroad, travel, work, etc.) – include length of time and country(ies)

Personal goals: 1. What do you hope to learn from this course?

2. What are you professional and/or academic goals?

3. Is there anything else you would like to share?

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