IB451 Seminar in International Bus.

for FA 2011

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Mission Statement: Park University provides access to a quality higher education experience that prepares a diverse community of learners to think critically, communicate effectively, demonstrate a global perspective and engage in lifelong learning and service to others.

Vision Statement: Park University, a pioneering institution of higher learning since 1875, will provide leadership in quality, innovative education for a diversity of learners who will excel in their professional and personal service to the global community.


IB 451 Seminar in International Bus.


FA 2011 HO


Foltos, Barry C.


Assistant Professor of International Business


Ph.D. International Business, Saint Louis University
M.B.A. University of Wisconsin – Eau Claire
B.S. Psychology University of Wisconsin – La

Office Location

Norrington 205

Office Hours

MWF 9:00 – 11:00 am MW   2:00 –   3:00 pm

Daytime Phone




Semester Dates

August 15, 2011 December 9, 2011

Class Days


Class Time

3:00 - 4:15 PM


Prerequisites: EN306B and completion or concurrent enrollment in all other international business core courses.

Credit Hours



Thunderbird on Global Business Strategy, Edited by Robert E. Grosse, John Wiley & Sons, Inc., 2000

ISBN: 0-471-32606-2

Additional Resources:

McAfee Memorial Library - Online information, links, electronic databases and the Online catalog. Contact the library for further assistance via email or at 800-270-4347.
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Course Description:
IB451 Seminar on International Business: A study of strategic planning and internationalbusiness policy using extensive reading and cases in the international business field which includes insights into the historical, cultural, and political foundations that created problems and opportunities and the solutions and courses of action taken in response. The course content is flexible and analyzes specific problem areas that are current at the time the course is offered. Each student will submit a capstone research paper reflecting the standards, substance and quality of a professional international business publication. 3:0:3 Prerequisites: EN306B and completion or concurrent enrollment in all other international business core courses.

Educational Philosophy:

Learning requires student effort. In keeping with this ideal this course will stress student comprehension of the central topics of the textbook. I will add more material as needed but this course is founded on student reading, discussing and comprehending the subject matter as defined by the textbook. Additional exercises are incorporated to further explore the central theme. Students will be assessed using a variety of instruments, from individual to team assignments, class discussion and presentations.

Learning Outcomes:
  Core Learning Outcomes

  1. The student will analyze the reasons for the crash in the economies and currencies in Asia.
  2. The student will research and evaluate the global trend towards regional economic integration.
  3. The student will analyze the importance of finding a reliable and experienced international banker in international business.
  4. The student will analyze the importance of NAFTA and of the new CAFTA agreement.
  5. The student will evaluate the methods that global marketers use to screen foreign markets.
  6. The student will compare and contrast the roles of the WTO, IMF, and the World Bank.

  Instructor Learning Outcomes
  1. Understand the central arguments on global strategic thought.
  2. Comprehend the challenges at the functional level of a global entity such as marketing, logistics, legal and financial activities.
  3. Understand the legal issues that are created in a global environment.
  4. Discuss the means used to protect intellectual property in multiple nations with different traditions and practices towards intellectual property.
  5. Able to discuss how a global manager handles the responsibilities of directing and control multiple units and individuals.
Core Assessment:

Class Assessment:

Class discussion, Short exams, Research paper and Final.



                                                            Number                Weight                     Total

        Class Discussion                   2                          75                       150

                    Short Exams                         3                        150                        450

                    Final Exam                           1                        250                         250

                   Research Paper                     1                       150                          150

                   Total Points                                                                                 1,000

All assignments are given a whole letter grade (A,B,C,D,& F). These assignment grades are converted to their 4 point equivalent (A = 4, B = 3, C = 2, D= 1, F = 0) and summed together in order to derive a course cumulative grade point average (CGPA). The CGPA is the basis for your final grade.   The following is the basis used for determining the course final grade:


4.00 – 3.6 = A

3.59 – 3.0 = B

2.9 – 2.3 = C

2.29 – 1.7 = D

1.7- and below = F

The course grade for students will be based on the overall average of homework and tests taken during the course in accordance with the weighting of the various requirements as stated in the syllabus.

All final exams in all School of Business courses will be comprehensive and will be closed book and closed notes. They will constitute 30% of the total course grade and will not be a take-home exam. They will be completed during the test week in the period designated by the registrar or by the Proctor in the case online courses. If calculators are allowed, they will not be multifunctional electronic devices that include features such as: phones, cameras, instant messaging, pagers, and so forth. Electronic Computers will not be allowed on final exams unless an exception is made by the Dean of the School of Business.

Late Submission of Course Materials:

All assignments turned in late will be reduced in value for each day it is late.


Classroom Rules of Conduct:

Students are expected to be on time, alert and prepared as directed for each class. You are expected to be courtesy and respectful of your peers during any presentation, discussion or exchange of ideas. This includes the operation of cell phones or other personal electronics during class. You are expected to turn off all electronic items before entering class unless prior permission was granted. Please remember that together we all learn better and we rely on each other to both share thoughts and ideas as well as to respectfully hear out those of others.

Course Topic/Dates/Assignments:

August 15 – 19 Introduction - Course Overview

                                    Chapter 1 Responding to Global Crises


            22 – 26 Chapter 2 Transformational Management


                        29 – 9/2 Chapter 3 Strategic Choices

September                  5 Labor Day – No Class

                        7 – 9 Chapter 4 Managing Strategic Alliances

                                  Student led discussion

                      12 – 16 Chapter 5 Comparative Governance

                                    Student led discussion

                                    Short Exam 1

                      19 – 23   Chapter 6 Global Product Development

                                     Student led discussion

                       26 – 30 Chapter 7 Global Supply Chain Management

                                     Student led discussion

October             3 -   7 Chapter 8 Transnational Experience    

                                    Student led discussion


                        10 - 16 Fall Recess – No Class

                        17 – 21 Chapter 9 Global Financial Strategy for the Twenty-First


                                     Short Exam 2

                        24 – 28   Chapter 10 Managing Information Globally

                        31 – 11/4 Chapter 11 Intellectual Property Abroad


November         7 – 11   Chapter 12 Cross – Cultural Competence

                         14 – 18 Chapter 13 This is not Your Father’s International Business

                        21 – 23 Chapter 14 Conclusion

                                    Short Exam 3


                        25 Thanksgiving – No Class

                        28 – 12/ 2 Presentation of Research Papers

December         5 -   9 Exam Week

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life. Park University students and faculty members are encouraged to take advantage of the University resources available for learning about academic honesty (www.park.edu/current or http://www.park.edu/faculty/).from Park University 2011-2012 Undergraduate Catalog Page 93

Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. from Park University 2011-2012 Undergraduate Catalog Page 93

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "F".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2011-2012 Undergraduate Catalog Page 96

Disability Guidelines:
Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page: http://www.park.edu/disability .


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Last Updated:10/5/2011 1:12:16 PM