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International Business Course Outline
International Business Course Outline
International Business Course Outline
mail School of Management, Marketing and International Business (MMIB)
LF Crisp Building 26
The Australian National University, ACT, 0200, Australia
DRAFT
Course Outline Semester 2, 2010
BUSI2025 International Business
STUDENTS: Course details change from semester to semester. Please check that you are reading the Course
Outline for the correct semester.
Course description This course is a broad survey of the field of international business and provides the
foundations for further specialisation in this field. It begins with a brief overview of
international business, focused on the concept of globalisation. The course will then
examine the environment for international firms, particularly the political, social,
economic, technological and other configurations that support cross-border trade and
investment. Amongst others, we will look at the role of national policies, cultures and
business systems, the evolution of international markets in goods, services and finance,
and the supernational mechanisms and infrastructures for trade, investment and finance.
The course will then probe international firms: their strategies and organisational design,
their entry modes into international enterprise, and their behavioural and control systems.
Tutors
Marco Feris Tutor Consultation Room marco.feris@anu.edu.au N/A TBA
Naveen Sharma Tutor Consultation Room naveen_sharma@bigpond.com N/A TBA
Paul Fairhall Tutor Consultation Room TBA N/A TBA
Chris Kim Tutor Consultation Room christopher.kim@anu.edu.au N/A TBA
This document was first prepared 14 July for use in S2 2010.
Communication with students
Email If necessary, the lecturers and tutors for this course will contact students
electronically using their official ANU student email address.
Announcements Students are expected to check the wattle site for announcements about this
course, e.g. changes to timetables or notifications of cancellations.
Course information
Study schedule Wk. Week
Topic(s) Reading(s)
Begins
19 July 1. 21 July – Introduction Hill
1 Chapter 1
2. 23 July – The future and challenge of
globalisation
26 July 3. 28 July – Globalisation and economic Hill
development Chapter 2
2
4. 30 July – Do economic, legal, and political
systems matter?
Rosenzweig
et al. (2001)
Highlights of past week’s lecture; allocation of groups for case study presentations.
Highlights of last week’s lecture; case study presentation (Chapter 2 Closing Case,
India’s Transformation); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 3 Closing Case,
Wal-Mart’s Foreign Expansion); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 4 Closing Case,
Wal-Mart’s Chinese Suppliers); tutorial participation questions.
5. International trade: theory and practice (week 6, starting 23 August)
Highlights of last week’s lecture; case study presentation (Chapter 5 Closing Case, The
Ecuadorean Rose Industry); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 6 Closing Case,
Why Did Global Food Prices Rise?); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 7 Closing Case,
Lakshmi Mittal and the Growth of Mittal Steel); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 8 Closing Case, The
European Energy Market); tutorial participation questions.
Highlights of last week’s lecture; case study presentation (Chapter 9 Closing Case,
Hyundai and Kia); tutorial participation questions.
10. The international monetary system and the global capital market (week 11,
starting 11 October)
Highlights of last week’s lecture; case study presentation (Chapter 11 Closing Case,
Industrial and Commercial Bank of China); tutorial participation questions.
11. The MNC and the domestic company (week 12, starting 18 October)
Highlights of last week’s lecture; case study presentation (Chapter 13 Closing Case, A
Decade of Organizational Change at Unilever); tutorial participation questions.
12. Strategy, structure and foreign market entry modes (week 13, starting 25
October)
Highlights of last week’s lecture; course review/wrap-up; no group case study presentation
this week.
Tutorial Enrolment in tutorials will be completed online using the Electronic Teaching
registration
Assistant (ETA). To enrol, follow these instructions:
Go to http://eta.fec.anu.edu.au .
You will see the Student Login page. To log into the system, enter your
university ID (your student number) and password (your ISIS password) in the
appropriate fields and hit the Login button.
For security purposes, please ensure that you click on the LOGOUT link on
the confirmation page, or close the browser window when you have finished your
selections.
If you are experiencing any difficulties, please contact the School office (see page 1
for contact details).
Study@ANU http://studyat.anu.edu.au/
http://wattle.anu.edu.au
On satisfying the requirements for this course, students should have the knowledge
and skills to:
• identify the main features of the international business environment and its
main institutions;
• analyse the political, social, and economic and other configurations that
support cross-border trade;
• understand the nature of the multinational firm as an institutional
structure for the conduct of cross-border trade and investment;
• analyse the key decisions that multinational firms make in relation to the
choice of markets and entry strategies;
• understand the different modes of engagement with international markets
and explore the interconnectedness between these and the economic, legal,
governmental, political, regulatory, cultural and other environments in
which expanding companies operate;
Assessment Details about assessment are below. Please notice that ALL assessment items are
overview
compulsory and must be submitted in order to pass this course.
Assessment Description and detail of Weighting
Due date
item the assignment (%)
Tutorial Tutorial participation will be Weekly 10
rewarded by answering the end-
participation
of-chapter Critical Thinking and
Discussion Questions proposed
for each week. Students must
Final exam The final exam covers all the Students are 40
material discussed during the advised of the
lectures and tutorials, all examination
chapters in the textbook covered date/time on
during lectures plus additional the course
readings. The format of the exam website, in
will be discussed in the last lectures and on
lecture (Friday 29 October). the noticeboard
outside the
MMIB School
Office.
Tutorial participation: Students will receive marks for their answers at the discretion of
their tutor. These marks will be summed up at the end of the semester – the maximum
mark for this assessment item is 10% - and released to students as part of the Interim
Results (which will be published before the Final exam). Hence the importance of coming to
tutorials well prepared.
Case study presentation: Once you have been allocated a case study do not wait until
the last minute to start preparing your presentation. The aim of the case study presentation
is for students to answer the accompanying case discussion questions in the most thorough
way. The group case study presentation should last no longer than 15 minutes and should
make use of transparencies in order to facilitate audience interest and understanding. Please
note that PowerPoint (PPT) presentations are not allowed, and students who prepare
PPT presentations will not be allowed to present, receiving NIL marks for this component
of the course and thus failing the course. The presentation will be followed by 10 minutes
of Q&A/Discussion. As a suggestion, no more than 10 transparencies should be presented,
and these should not contain all the data you want to present, that is you should not read
from your transparencies. Transparencies should be used as prompts only, and the way you
design and present your transparencies will count towards your mark for this assessment
item. Please note that the list of case studies will be circulated in the first tutorial – week
2, starting 26 July – when students will form into groups by placing their names against a
case study. It is the responsibility of each student to join a group, thus if you join the
tutorial group after the first tutorial you must approach your tutor to have your name
added to a group. Tutors will not chase after students, and students who fail to join a
group early in the semester will fail this assessment item and consequently the course.
Individual assignment: The assignment takes the form of a report to the CEO at the
headquarters of the company. Your assignment should contain a maximum of 2,500 words
±10%. You should bear in mind the following:
• the CEO knows the company and its products or services well and thus does not
need specific information on those;
• the CEO needs to be informed about the possible risks/opportunities to the company
caused by peculiarities of the business environment in the foreign country;
• the CEO does not have time to read the piles of paper you are able to copy for him
from the internet. He only has time for a focused but informative and analytically
sharp report;
• attention should be paid to any aspect of the business environment relevant to the
firm and its products/services, such as political environment, government regulation,
commercial law, IP, level and rate of economic development, demographics, position
in international trade and investment, environmental law, regional cooperation, etc.;
• the main purpose of the assignment is to analyse the business environment in a
country for the Australian company of your choice. Do not copy general information
about the country from the internet (for instance info found on CIA’s The World
Factbook), but limit yourself to a sharp analysis of what is relevant to the CEO.
Please bear in mind that you are required to conduct research that goes well beyond the
data/info contained in the textbook for this course. You should also bear in mind that the
extensiveness of the research conducted – reflected in both the content of the report and in
the bibliography utilised - as well as the structure of the report are particularly relevant.
Assignment submission – General Advice
Submission of Assignments are to be placed in the relevant assignment box in the MMIB foyer
Assignments
opposite the main counter by 4 pm on the due date, Monday 6 September. All
assignments submitted through the MMIB assignment boxes are date stamped and
checked against class lists.
All assignments must have a cover sheet with all of the appropriate details
completed, Assignment cover sheets are available from the course website or
the MMIB Office or website:
http://cbe.anu.edu.au/schools/mmib/
Assignment All assignment extension requests must be made 10 working days in advance
Extensions
of the due date to your lecturer. Requests should be made on the Application
for Extension of Assignment form which is available from the MMIB office or
http://www.cbe.anu.edu.au/schools/mmib/documents/Assignmentextension.pdf
Late Submission
of Assignments
Late assignments will attract the following penalties:
Lateness Penalty
0 – 20 minutes 5 marks
20 minutes – 1 20 marks
day
1 – 2 days 40 marks
2 – 3 days 50 marks
Assignments not claimed during tutorials will be kept at the MMIB office.
Students must present their ANU student card to collect an assignment.
Course information
Information Students must refer to the ANU Official examination timetable site for
about
examinations information on end-of-semester exam http://timetable.anu.edu.au/exams/
Workload Students taking this course are expected to commit at least 7 hours a week to
completing the work.
Course delivery There are two 1-hour lectures and one 1-hour tutorial each week.
This course is divided into two parts: (i) the international business
environment and (ii) the firm’s engagement in international business.
Lectures 2-20 deal with the international business environment, while lectures
21-24 discuss the firm’s engagement in international business.
The lectures will introduce students to the main topics related to the subject
of the course. These topics are listed in the Study schedule above.
The lecturer will make use of PowerPoint slides. Students may download
these slides in PDF format from Wattle (http://wattle.anu.edu.au/) before
the lecture and bring print-outs into the lectures for further note-taking.
Please note that this material is not a substitute for attending lectures,
containing only prompts that cannot be understood without listening to the
context of the lecture.
Each tutorial group will meet one hour each week beginning on the second
week of the semester (week beginning 26 July). You are expected to attend
all tutorials. Your participation in the tutorials will count towards your final
mark. Furthermore, you are expected to have done the identified reading for
the tutorials.
FURTHER ADVICE
Examination Examination viewing is allowed after the results are released to the students.
Viewing
Notices detailing the times, dates and venue for viewing examination script books
will be posted at the MMIB school website and on the notice boards at the MMIB
school. Students need to bring their student card to these viewing sessions. To
discuss the examination papers students need to contact their lecturer.
Lost Property If you lose an item during any MKTG, MGMT or BUSI unit, please check at the
Lost and Found Office in the John Yencken Building (Building 45) as all lost
property is sent there.
Generic Forms Forms including assessment cover sheets, dictionary forms, pre requisite waver,
application for special examination, application for special consideration and
application for assignment extension are available from the MMIB Office foyer
and can also be downloaded from the school’s website
http://cbe.anu.edu.au/schools/mmib/
• Be there on time. If you arrive late try to use the back entrance (if available)
and
do not disturb others. If you have to leave early, it is better to sit near the
aisle towards the back of the theatre.
• Take any rubbish with you when you leave the room.
• Do not eat or drink during class or in teaching rooms.
Please note: Students who are disruptive or prevent others from fully
participating in lectures, seminars or tutorials will be asked to leave.
ANU College of Business & Economics –
General Information for Enrolled Students
The following College offices provide assistance with program and course selection, enrolment, change of
program, variation to enrolment, status and other general matters.
College Office The College Office is located on Level 2 of Building 26c, contact details are: phone (61) 02
6125 3807; Email
info.cbe@anu.edu.au or via the web: http://www.cbe.anu.edu.au/.
Main The main administrative dates regarding teaching sessions, course census dates,
Administrative
examination period, graduation and enrolment variations (ie add and drop courses) are
Dates 2010
available from the
ANU SEAP Guide 2010 - http://www.anu.edu.au/sas/SEAP_guide/
Associate Dean Associate Professor Alex Clarke is the Deputy Dean/Associate Dean (Education) in the
(Education)
ANU College of Business & Economics.
ANU Student The Academic Skills and Learning Centre, in the Pauline Griffin Building, offers services
Support
to students regarding a range of academic issues including essay writing, note-taking,
Academic Skills
and Learning referencing, reading, examination preparation, and plagiarism. More information about the
Centre services and on-line materials can be found on their website:
http://www.anu.edu.au/academicskills/.
ANU College http://www.anucollege.com.au/
ANU College offers the following introductory and extended programs:
• Maths bridging courses; and
• English language support for students from non-English-speaking backgrounds.
Information http://ilp.anu.edu.au/index.html
Literacy
Workshops are available to undergraduate and graduate students to develop skills in
Program
handling information and communication technologies.
ANU College of Business & Economics ‐ Information for Enrolled Students ‐
Policies, Procedures and Rules
Primary http://www.anu.edu.au/sas/SEAP_guide/
Reference ‐ ANU
SEAP Guide 2010
The Student Enrolment and Administrative Procedures Guide (SEAP) supplements the
ANU Undergraduate Handbook information available on Study@ANU
(http://info.anu.edu.au/studyat/), the ANU Rules
(http://www.anu.edu.au/cabs/rules/), and the Graduate Research website
(http://www.anu.edu.au/graduate/).
Information for http://cbe.anu.edu.au/Current_Students/general_info/
Enrolled
Students are expected to be familiar with the ANU College of Business & Economics and
Students
university-wide policies and procedures in regard to:
Please note: the ‘Student Enrolment and Procedures Guide 2010’ states:
If you know in advance of circumstances whereby you will be unable to sit the
examination, you should lodge an application for consideration as soon as possible.
The dates on which Special Examinations will be held will be published on the School
website when the final timetable is published.
Applications for special examinations must be correctly completed with all original
supporting documentation attached. Where an application is made on the grounds of
sickness, Section B of the application must be completed by a medical practitioner and a
detailed medical certificate stating the effect on your capacity to sit the examination is
required.
Please Note: The medical certificate must carry the stamp from the medical
practice, and will not always be sufficient evidence.
Special examinations are not automatically granted. Once approved, successful candidates
are required to contact the relevant School General Office to obtain details of the special
exam. If you do not sit the examination, or your application for a special examination is
declined, then you will fail the course as incomplete.
It is not grounds for a further special examination if students are not contactable and miss
the scheduled examination date.
Special If illness or other disruptive events have affected your preparation for, or performance
Consideration
during an examination, you can bring this to the attention of the examiners by making a
request for special consideration using the Application for Special Consideration form.
Requests for special consideration must be lodged with the relevant School General Office
before the scheduled date of the examination. However, if it relates to a problem that
arose during the examination, it should be submitted immediately after the examination
(see the invigilator).
Please contact the Examination Office early in the semester and at least 10 days prior to
the examination period.
If you have qualified for a supplementary examination, your grade will be recorded as a
PX on your Notification of Results. You must notify the School Office, in writing (email
is satisfactory), within 7 days of the official publication date of examination results to
indicate your acceptance or otherwise to sit the supplementary examination.
If you pass the supplementary examination you will receive the grade of PS (pass
supplemental) and a mark of 50. If you are unsuccessful, or you decide not to sit the
supplementary examination, your grade will be recorded as N (fail) and your original
mark will stand.
ABIS: http://www.cbe.anu.edu.au/schools/abis/
ECONOMICS: http://www.cbe.anu.edu.au/schools/eco/
FAS: http://www.cbe.anu.edu.au/schools/fas/
MMIB: http://www.cbe.anu.edu.au/schools/mmib/
Final Pass Grades
HD - High Distinction 80 –100
D – Distinction 70 – 79
CR – Credit 60 - 69
P – Pass 50 – 59
PS – Pass at supplementary examination 50
Final Fail Grades
N – Fail 00 – 49
NCN – Not Completed/Fail
WN – Withdrawn with failure
Interim Codes (used when a result for a course has not yet been finalised)
DA – Deferred assessment
PX – Awarded supplementary assessment
RP – Result pending
WA – Withheld for administrative reasons
Scaling
Scaling can increase or decrease a mark but does not change the order of marks relative to
the other students in the course.
If it is decided that scaling is appropriate, then the final mark awarded in a course may
differ from the aggregation of the raw marks of each assessment component.
Results Notification
To access results students should check their ISIS accounts on the advertised date for
release of examination results. After publication students enquiring about results must
provide an ANU student card as proof of identification. For privacy reasons students
should not make enquiries regarding the results of other students.
Examination Timetable – Final Examination Period
Details of the final examination timetable are available on the ANU Timetabling website
(http://timetable.anu.edu.au/default.asp). The onus is upon students to acquire their
own scheduling details.
Examination Timetable – Mid‐Semester Examinations
When a mid-semester exam is scheduled, timetable information will be posted by the
relevant School.