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BUS 250: International Business

Course Description

This course provides an overview of globalization and examines the utility and adaptability of core business functions within a global context; the fundamentals of international trade, foreign direct investment, international finance, international human resource management, international operations management, outsourcing, decision-making in the multinational enterprise, international management, and corporate strategies.

Prerequisite

  • None

Student Learning Outcomes (SLOs)

Students who successfully complete this course will be able to:

  1. Global Environment: describe the functions of market systems, including their role in effective resource allocation and their reaction to information; describe the interactions of government policy and spending, monetary and fiscal policy, financial markets and institutions and the interaction of economies;
  2. Social Cultural and Political Differences: assess the political, legal, economic, social and cultural differences and analyze how they affect the operations of the firm;
  3. Social Responsibility: identify and describe the characteristics of a socially responsible firm, and associated costs and benefits;
  4. Critical thinking skills: analyze, generalize, question and problem solve
  5. Networking and Dynamics: demonstrate ability to work constructively with colleagues/clients/customers of all aptitudes and dispositions to accomplish tasks and solve business problems that require careful analysis; and
  6. Motivation and Leadership: demonstrate ability to work independently or in groups, as well as motivate others.

General Education Outcomes (GEOs)

Please check the applicable GEOs for this course, if any, by outcomes at GEO Category Search, or by subject area at GEO Discipline Search.

Course Activities and Grading

Assignment(s)

Weight

Discussion Board

25%

Midterm Exam (Week 4)

25%

Current Event Article Analysis (Week 7)

25%

Final Exam (Week 8)

25%

Total

100%

Required Textbooks

(Available through our online bookstore)

  • Hill, Charles W. L. International Business: Competing in the Global Market Place. 11th ed. McGraw-Hill Publishing, 2017. ISBN-10: 1-259-70677-X or ISBN-13: 978-1-259-70677-6 [Looseleaf Version]

Recommended (Not Required) Course Materials

  • Online subscription to The EconomistThe Economist is an excellent source for current event articles, country-specific information, and research tools, and has a searchable database. A limited number of articles are available without subscription.

Course Schedule

Week

SLOs

Readings and Exercises

Assignment(s)

1

1-6

Topics: Globalization; National Differences in Political Economy and Differences in Culture

Reading:

  • Chapter 1, Globalization
  • Chapter 2, National Differences in Political, Economic, and Legal Systems
  • Chapter 4, Differences in Culture
  • Read assigned chapters
  • Discussion Board: Introductions and W1 Topics
  • Scan news media and select possible articles for the Current Event Article assignment (Due W7)

2

1-6

Topics: Ethics and International Trade & The Political Economy of International Trade

Reading:

  • Chapter 5, Ethics, Corporate Social Responsibility, and Sustainability
  • Chapter 7, Government Policy and International Trade
  • Read assigned chapters
  • Discussion Board Questions for W2 Topics
  • Scan news media and select possible articles for the Current Event Article assignment (Due W7)

3

1-6

Topics: Foreign Direct Investment & The Foreign Exchange Market

Reading:

  • Chapter 8, Foreign Direct Investment
  • Chapter 10, The Foreign Exchange Market
  • Read assigned chapters
  • Discussion Board Questions for W3 Topics
  • Scan news media and select possible articles for the Current Event Article assignment (Due W7)

4

1-6

Topic: Midterm Exam

Reading:

  • None
  • Discussion Board Question for W4 Topic
  • Complete Midterm Exam
Midterm Exam
Chapters 1, 2, 4, 5, 7, 8 & 10
SLOs 1-6

5

1-6

Topics: International Monetary System & Global Capital Market

Reading:

  • Chapter 11, The International Monetary System
  • Chapter 12, The Global Capital Market
  • Read assigned chapters
  • Discussion Board Questions for W5 Topics
  • Scan news media and select possible articles for the Current Event Article assignment (Due W7)

6

1-6

Topic: Strategy and Organization of International Business

Reading:

  • Chapter 13, The Strategy of International Business
  • Chapter 14, The Organization of International Business
  • Read assigned chapters
  • Discussion Board Questions for W6 Topics

7

1-6

Topic: Global Business Operations, Marketing, and R & D

Reading:

  • Chapter 17, Global Production and Supply Chain Management
  • Chapter 18, Global Marketing and R&D
  • Read assigned chapters
  • Discussion Board Questions for W7 Topics
  • Submit Current Event Article Analysis

8

1-6

Topic: Global Human Resource Management

Reading:

  • Chapter 19, Global Human Resource Management
  • Read assigned chapter
  • Discussion Board Question for W8 Topic
  • Complete Final Exam
Final Exam
Chapters 1, 2, 4, 5, 7, 8, 10-14 & 17-19
SLOs 1-6