Syllabus - MGMT 370, Introduction to International...

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MGMT 370, Introduction to International Business, Fall 2008 CRN 41239 MW 12 - 2, CF 420 CRN 42005 MW 2 - 4, CF 420 Professor Tom Roehl (as in RAILroad) Office: Parks Hall 211 Phone: 650-4809 Email: tom.roehl@wwu.edu Office Hours: MW 9:15-10:45 and by appointment; Email Exchanges Welcome When dealing with international business, the ‘rules of the game’ are important to understand. When we enter the international arena as business people, we do not give up the business principles that we have learned. Yet we apply these principles (e.g. accounting principles; marketing promotion strategies) in an environment that might be different. We may have to create institutions or rules that we have taken for granted in the domestic market in order to be successful. Alternatively, we may have to ‘live by’ rules quite different than those we are used to living with at home. One goal in this course is surely to better understand why the different ‘rules of the game’ might have value. In addition, however, we should leave this course with a better understanding of how we can help to create or modify institutions, both our own and those of the countries in which we operate as international business people, as we as ‘outsiders’ move into international markets. Rather than learning only how to adjust to international differences, we need to understand how our presence influences the institutions as well. To do this, we need to understand the positions of private and government actors in a wide variety of situations. We cannot ignore or wish away the government role, as we often do in purely domestic situations in an economy that reveres the market. The issues of international economic policy of this course (trade; foreign exchange; investment flows) allow us to investigate both government and business attitudes abroad, even though we use business principles to explain why government actors behave as they do. We will also come to better understand the value of institutions that cross national borders. Sometimes only those organizations can help to get the rules of the game right for all the players. Since the course requires an introduction to a whole set of new terminology, I will do some days of lecturing. However, through the use of case studies and current problems, I want to keep you thinking about the applications of these ideas to the profit-making decisions of business people in the international arena. By raising current issues during class, you can help assure that there is an emphasis on the application of the theories to real world problems. Some of you may bring knowledge of another nation’s systems of rules and business customs. If we do not use that knowledge, through your class participation, to give us more cases to work with, we will lose a lot of learning opportunities in the class.
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Summary of Access to Course Materials Course Materials Location Textbook, Global Business Today Bookstore and Internet Purchase Mexican Peso Case Available on Blackboard
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Syllabus - MGMT 370, Introduction to International...

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