Download International Business: BMBA 9202 at Seton Hall University's Stillman School, Fall 2000 - and more Exams Introduction to Business Management in PDF only on Docsity! SETON HALL UNIVERSITY STILLMAN SCHOOL OF BUSINESS The International Perspective BMBA 9202 FALL 2000 Professor Richard J. Hunter, Jr. 973-761-9511; Hunterri@shu.edu The Mission of the Stillman School of Business is to be the school of choice for business education in the State of New Jersey and to be recognized nationally among the best business schools within a Catholic University. Course Information and Objectives: 1. This course is designed to introduce the graduate student of business to the world of international business, international trade, and political economy. It approaches these subjects from the viewpoint of a generalist, offering information and insights from the broad perspectives of business, economics, finance, political and economic geography, risk management, marketing, ethics, and international law. It is expected that as an introduction to these fields, students will gain a core understanding of the concepts, ideas, and vocabulary of international business that might spur them on to seek a more in-depth treatment through specialized courses in the graduate curriculum or through pursuing a Certificate in International Business. 2. Format: The class will be conducted on the basis of lectures, class discussions, cases (both legal and business), and topical presentations. 3. Readings: International Business. An Integrated Approach by Wild, Wild and Han; additional web-based materials and handouts. 4. Course Requirements: There will be a midterm (distributed on October 24, due October 31) and a final examination. The midterm will be a take-home examination; the final examination will be administered during the regular University examination period. 5. Term Paper: Students are required to write an 8-10 double-spaced research term paper on a topic that is consistent with the purposes of the course. The paper is due on November 14, 2000. The paper must be presented in proper research format, with an accompanying bibliography and foot/end notes. 6. Grading: The final grade will be determined by evaluating the grades on the midterm, final, and term paper, all of which count equally in the final calculation. 7. Attendance: Regular attendance is expected and required. If you are planning on an absence from class, please call me prior to the absence. 8. Final grades: A [95-100]; B+ [90-94]; B [85-89]; C+ [80-84]; C [75-79]; D+ [70- 74]; D [65-69]; F [<65] 9. Academic Honesty: All work must be the student’s own. Failure to abide by this rule will result in a failure for the course. COURSE OUTLINE 1. Global Perspectives CLASS EXERCISE: “Major Economic and Political Forces Forming the Post- World War II World” 1. Forces Spurring Globalization (pp. 6-13) 2. Principles of Political and Economic Sovereignty 3. Classification of Economies (pp. 132-133): GNP and GDP a. Economic Development (pp. 124-131: Developed Countries (The G 7); Newly industrialized countries; Emerging markets; Developing or less developed countries; Transition economies b. Other measures of economic development: Purchasing Power Parity (PPP) and the Human Development Index Read also The World Bank Group, “Classification of Economies,” “GNP Per Capita,” “Overview of UN Human Development Report,” “UNDP Report Exposes Transition’s Dark Side,” “Growth is Good For the Poor”) c. Characteristics of Developing Nations d. Economic Transition and its obstacles (pp. 133-136) 4. Multinationals (pp. 15-19) 5. Environmental Forces (p. 20) 2. Culture, Politics and Risk in International Business 1. Components of Culture (pp. 45-70; read also “Culture in Business” handout) 2. Risks in the international environment a. Distance b. Communications c. Currency and exchange rate risks d. Currency control risks e. Tariff and non-tariff barriers (pp. 198-204) f. Other risks (impediments) in the international environment 3. A focus on Political Risk (pp. 89-98) a. Sources (p. 90) b. Classification (p. 92) c. Forms (pp. 92-95)