SOM354Syl.doc Spring 2014

SOM354Syl.doc Spring 2014 - Martin J Whitman School of...

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Martin J. Whitman School of Management Syracuse University SOM 354- Managing In a Global Setting Professor: Nadim Jabaji Email [email protected] or [email protected] Tentative Course Syllabus Spring 2014 – M003 (46754) and M005 (46944) _______________________________________________________________________ _ Contact Information: Whitman School of Management Office Hours: At SOM 013 Mondays 4:30PM – 6:30PM and by appointments REQUIRED TEXTBOOK- A MUST TO HAVE Charles W. L. Hill, “Global Business Today”, McGraw-Hill Irwin, 8th edition EXAMS There will be a midterm and end semester exam for this class. Each exam will be in-class or as designated, and will cover the entirety of topics discussed in class, and in the assigned text. The exams will contain multiple-choice, true or false questions, short answers questions, and/or short essays. There will be no makeup exams unless appropriate documents are provided to justify absence. As might be expected, any cheating will result in a grade of zero on the assignment or examination. COURSE RATIONALE AND DESCRIPTION The increasing globalization of business makes it imperative that students in the School of Management achieve a thorough understanding of the complexities and subtleties of international business activities. Today, both large and small enterprises are becoming increasingly involved in international activities. Even businesses that were traditionally considered to be “local” in nature are now impacted by issues such as the rise of regional trading groups, competition from low-cost foreign sources, multi-cultural marketing requirements, and web-based commerce that crosses traditional market boundaries. As a result, today’s business leaders must be capable of exploring new opportunity frontiers while dealing with challenges from far away places. This course is intended to provide the student with a foundation of understanding of the fundamentals of international business and the key factors that must be considered in the development of a well-conceived, global business plan. The basic content of the course includes (1) an overview of the means of conducting international business, with an emphasis on what makes international different from domestic; (2) the effects of the social systems within countries on the conduct of international business; (3) the major 1
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theories explaining international business transactions and the institutions influencing those activities; (4) the financial exchange systems and institutions that measure and facilitate international transactions; (5) the dynamic interface between countries and companies attempting to conduct foreign business activities; (6) corporate strategy alternatives for global operations; and (7) international activities that fall largely within functional disciplines. SELECTED TOPICS Topics covered in the course include and not limited to: International trade theory and practice International trade agreements/economic integration: WTO; NAFTA; EU Foreign Exchange Markets International Institutions: IMF, World Bank Foreign direct investment Global Strategy Foreign Market entry modes
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