Course Title: Politics, Economics, Law and Bus. Practices in International Destinations
Instructor: Dr. Mansoor Sharif
Quarter: Summer 2005
Office Location: Bldg. 94-260
Office Hours: TBA
I. Catalog Description:
BUS/CLS 452: Politics, Economics, Law, and Business Practice in International Destination (4 units)
Direct field investigation and academic study of historical and current productive/political organization of an international destination. Analyze economic objectives and planning, business organization, incentives, decision making; and management. Study constitutional form, nature and rule of law. 4 lecture/problem-solving.
Fulfills GE course requirements for Area D4.
This course is the integration of classroom theory and practical experience in the study of the strategic planning and business practice of an international destination in the Study Abroad program.
BUS 452 focus of the presentation is the corporation's strategic environment in the global context. The course includes the role of business firms in the international business environment. The thrust of the course is to study the environmental relationships, cultural and political impacts and the effects on the community of nations as the international business community grows and spreads. Specific management problems that are inherent in multinational activities are of prime importance.
The accelerations of change in technologies, the incredible increase in information generation and transmission, the severe geopolitical shifts in economic and political power, and the jolting changes in the world economy have created a new "playing field" for American businesses. The traditional strategy and policy books are obsolete. The roles of the American chief executive are changing dramatically. This course is designed to create new concepts and paradigms for management in the 21st century.
Achieve the following mission, goals, objectives and strategies:
Improve personal and professional competencies in order to enhance career development, personal fulfillment, and contribution to society.
1. To assist class members in the development of an analytical, objective approach to problem solving.
2. To provide the understanding of the impact of the internal and external environment on corporation strategies.
3. To enhance students' knowledge of the International Business environment.
4. To increase students' awareness of the Business ethics and social responsibility.
5. To offer students an opportunity to relate what they have learned in their respective courses to the analysis of real life business situations and problems.
6. To cause students to look at different ways in which problems can be perceived and resolved.
7. To stimulate class members to think about factors influencing decisions of which they may not have been consciously aware.
8. To develop new managerial insights through shared problem diagnosis and problem solving.
9. To study of historical and current productive/political organization of an international destination.
10. To study constitutional
form, nature and rule of law of
Seminar in management is a course designed for those students who
have an interest in pursuing a career in global strategic business as well as those who seek a broadening of their general global business knowledge in this dynamic and vital area.
1. Students will be exposed to cultural, political, social, and economic aspects of doing business abroad.
2. Students will examine theories of international trade and economic development as well as the international, political and financial organizations.
3. Through exposure to varied aspects of international business, students will have an opportunity to consider the international business field as a long-term career goal.
4. The student should gain an understanding of the additional complexity of the strategic management when international relationships are added to the internal management area.
1. Study and learn from the required textbooks.
2. Study, analyze and learn from successful companies, scholars and practitioners in management (Cases and articles).
3. Study, analyze and learn from additional outside readings such as available information of the company you are working for.
4. Read at least one professional journal per week.
5. Watch or listen to at least one world business news a day.
RESPONSIBILITIES AND TASKS
1. Be prepared in every class to discuss the assigned cases and articles in depth, with recommendations for actions in the cases where appropriate
2. Hand in a 1-2 pages typewritten summary of your learning’s whenever there is a presentation at the class.
3. Form a group to educate the class about your company project through a presentation that is both fun and informative. The following material should be covered: a) customs (role play) ; b) art & music (through vision and sound) ; c) cuisine ; d) cultural characteristics; e) government economic actions and policies toward business; f) management philosophies; g) key philosophies and beliefs; h) national strategies toward countries in geographical proximity; i) trade patterns and philosophies; j) other areas that students feel are important as the external environment of the company.
PROJECT: Each group of four students will research the international business
They will write a 20-30 page paper about China’s external environment (economic, political, social, constitutional form, nature and rule of law etc.), export, import, their strategic plan and turn it in on or before Aug 31,05.
5. Pass final exam.
1. Hunger and Wheelen, Essentials of Strategic Management, Addison- Wesley publisher , 2004
2. Sharifzadeh, Mansour, “Global Strategic Management”,
http://www.csupomona.edu/~Msharifzadeh/ new edition 2005
EVALUATIONS AND CONTROL
ATTITUDES: Treat everyone with respect; base differences on issues, not personalities. Practice fairness and justice. Treat the responsibility for success of the class as part yours, and plan to give as well as receive.
ATTENDANCE: Just like a job, you are required to be present and prepared for every class. Absences, tardiness and/or lack of preparation may result in a "pay deduction" from your grade.
Student's Group Presentations of their
Group Project 30%
Student's overall in-class contribution 20%
Group presentations: Each group of 3-4 will study, analyze and present their chosen Chinese company in 15-20 minutes. The group needs to explore their chosen company’s strategic planning and recommend changes and or new global strategic planning.
Attendance AND PARTICIPATION: Attendance and participation are required at each class session. Teamwork and interaction among class are an Attendance is a vital Attendance and participation is vital part of this class. The student is responsible for communication with the instructor, if an emergency occurs which prevents the student from attending the class. Four points will be deducted from the final grade points for each absence from class. Participation includes coming prepared to class with the appropriate reading and assignment completed. It also includes a meaningful contribution to the class discussion, as well as listening to other class members.
Select a Chinese company that you can collect the information of part I and part II. Make a presentation and a professional analysis of this company using the following outline:
I. Case Description:
a. Identity: In what business are they? (Short history)
b. Values: What values are demonstrated by management for company interaction with employees, customers, vendors, stockholders, industry, community?
c. Corporate Goals and Strategies: What are the overall company goals and what strategies are used to achieve these goals?
d. Functional Goals and Strategies: What goals and strategies do they have for marketing, production/service, finance, human resources, etc.?
e. Internal and external: Internal and external environment factors influencing the decision makers.
II. Company Existing Business Plan:
a. a, b, c, and d, above for next two years.
b. Pro forma annual income statements and balance sheets for the next two years.
III. Evaluation of Company:
a. General Management Philosophies
c. Company Goals
d. Company Objectives
e. Corporate Strategy
f. S.W.O.T. Analysis
g. Justifications of a, b, c, d and e in relation to internal and external environment
h. Marketing Strategies
i. Production/Service Strategies
j. Financial Strategies
k. Human Resource Strategies
l. Justification of functional strategies: h, i, j and k above in relation to internal and external environment
IV. Strategies: Group’s Five Year Business Plan Proposal:
b. Corporate Goals and Objectives
c. Corporate Strategy
d. Functional Strategies (marketing, production, etc.)
e. Justification of a, b, c, and d in relation to external environment’s opportunities and risks and internal environment strength and weakness.
f. Expected results of plan
g. Two years of pro forma income statements by quarters
h. End-of-year balance sheets for years 2005-2010.
BUS 452 COURSE OUTLINE AND ASSIGNMENTS
Dates Class Activities Assignments
1 Discussion (Course Syllabus)
3 Video: Planning techniques
4 Survey students' knowledge of accounting,
finance, marketing management (behavioral),
management production operations and economics
5 Group formation and task assignments
6 Guide to strategic management case analysis
8 Environmental Analysis (lecture/discussion)
9 Group Discussions of Wendy's Inter
10 Video: Going International Part II
11 Class Discussion of Wendy's International Analyze
12 Proposals are due (Projects)
1 Alternative Strategies
3 Evaluation and Control
4 Video: The Colonel Comes to
5 Group Presentations