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INTERNATIONAL

BUSINESS
Instructor: Linh Nguyen
TABLES OF CONTENTS

• COURSE INTRODUCTION
• WORKING APPROACH
• EVALUATION
ABOUT YOU

• BACKGROUND COURSE
• EXPECTATION
Questions

Pick up 1 out of 6 questions and answer them


1. How have changes in technology contributed to the globalization?
2. Give an example to show that business practices in Vietnam is likely differ
from business practices in USA
3. Which factors do you need to examine to evaluate the potential of foreign
countries ?
4. Evaluate the pros and cons of a joint venture entry mode strategy
5. In what kinds of industries does localization strategy make sense?
6. What is the most appropriate organizational architecture for a firm that is
competing in a industry where global strategy is most appropriate?
COURSE –GENERAL
INFORMATION
GENERAL LEARNING OUTCOMES

International business issues

Cultures difference

Country/industry attractiveness

Entry mode

International Strategy
REFERENCE MATERIALS
EVALUATION

Exam Contribution
Class assignment 30%
Mid exam 20%
Final exam 50%
CLASS ASSIGNMENT

•Assignments in class (individual/group marks):


• Around 7-9 assignments in class
• Assignment can be finished by a group or individual

•Contribution in class (individual marks):


• Bonus will added thanks to the number of times contribution and the
quality of your contribution
GROUP PRESENTATION_MID-TERM

• Timing:
• Final pptx will be uploaded google drive before xxxx

• List of projects:
• Each group will be random assigned a project
• The project will be announced before xxxx

• Requirement:
• No more than 8 mins
• Be creative, clear, storytelling
• Closed presentation
• Questioning each member of group at the end
• Grade will be adjusted by peer evaluation
FINAL EXAM

• Online mode
• Multiple choice questions
• Around 50 questions
• 60 minutes
EXPECTATION

Good: Participate the course + proactive + fully


responsibility in the class assignment/ group
assignment
Better: Above + suggested reading
KEY LEARNING OUTCOME

WHY DO NATIONS TRADE ?


WHY DO NATIONS TRADE ?

NATIONS ARE DIFFERENT


 Unequal distribution of natural resources
 Difference in technology
 Cost advantages:
Cost of production for the same product differ among different locations
Better explained by the Theories of Absolute Advantage and comparative
advantage
 Different preferences:
Taste difference. Ex: Germans prefer the TOYOTA of Japanese
Income difference
PREPARE FOR NEXT SESSION

• Read chapter 1- Globalization


• Discussion topics:
• Arguments about the impact of Globalization (supporting)- 1, 2
• Arguments about the impact of Globalization (protesting) -3,4
• How Covid-19 impacts on Globalization -5,6,7
• Deglobalization trends 8,9

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