IB451 Seminar in International Bus.

for SP 2013

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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 Business


SP 2013 HOZ


Nordgren, Lee


Assistant Professor of Management


D.Sc. Management, Privredna Akademija, Fakultet za Menadzment, Novi Sad, Serbia
M.B.A. Marketing and International Business, Harvard University, Boston, MA
M.Ed. Higher Education Administration, University of North Carolina, Greensboro, MA

Office Location

Norrington 203

Office Hours

Tues. 7:30-8:30am, 1-2, 4:00-6:00pm; Thurs. 8-9am, 1-2pm, & by appointment

Daytime Phone

Office: 816-584-6878

Other Phone

Or email to request that I call you because my other numbers are long distance for you.



Semester Dates

January 14, 2013, to May 12, 2013

Class Days

Thursdays and by appointment.

Class Time

9:00 - 10:00 am and by appointment.


Prerequisites: EN306B (Professional Writing, Business Communications) and completion or concurrent enrollment in all other international business core courses.

Credit Hours



Verbeke, Alain (2009). International business strategy: Rethinking the foundations of global corporate success. Cambridge, UK: Cambridge University Press.

ISBN: 978-0-521-68111-7

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore

Additional Resources:
On reserve in the Parkville Library. This book has more information about Five Forces Analysis, Value Chain, and Generic Strategies, Clusters, and Diamond Analysis:

Porter, M. E. (1990). The Competitive Advantage of Nations. New York: Free Press.

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.
Career Counseling - The Career Development Center (CDC) provides services for all stages of career development.  The mission of the CDC is to provide the career planning tools to ensure a lifetime of career success.
Park Helpdesk - If you have forgotten your OPEN ID or Password, or need assistance with your PirateMail account, please email helpdesk@park.edu or call 800-927-3024
Resources for Current Students - A great place to look for all kinds of information http://www.park.edu/Current/.


Course Description:
IB451 Seminar on International Business: A study of strategic planning and international business 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:

This is an advanced course that serves as a capstone for your studies in international business. It is offered this term as an independent study. Both of these imply that you have enrolled because you have serious interest in some area of international business and because you are self-motivated to learn. We will cover the basic material in the textbook to provide a foundation for your independent research. Students will be required to attend the weekly group meetings; however, most of your activities will contribute to your research paper, which I will encourage you to target for an appropriate conference or publication, to enhance your professional credentials.

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. (Please note that the above are the same core learning outcomes for IB 315, which all of you have taken or are taking. I am required to keep these in the syllabus; however, we will not duplicate IB 315. We will focus on the Instructor Learning Outcomes that fit the IB 451 course description.)
  2. The student will summarize and apply the core concepts of international business strategy.
  3. The student will analyze international business cases to identify sustainable competitive advantages of organizations and of locations using Porter's Diamond and other techniques.
  4. The student will identify and evaluate current events in the international business environment.
  5. The student will explain and critique the systems of regional integration and cooperation and the organizations that facilitate them (such as EU, NAFTA, CAFTA-DR, WTO, IMF, and World Bank).
  6. The student will critique the implications of globalization as it influences strategy, innovation, supply chains, and social/environmental responsibilities.
  7. The student will identify, research, evaluate, and recommend action to address a significant problem in the field of international business.
Core Assessment:

Class Assessment:

Core Assessment per the Catalog
Formal presentation and research paper with original research
Class Assessment
Class discussions, presentations, and debates on the required and supplemental readings; intermediate steps leading to the capstone paper; presentation of the results of the capstone research project paper reflecting the standards, substance, and quality of a professional international business publication.
Discussions will be mostly conducted by students. It is necessary to read all the assigned material and to have comments based on critical thinking ready for our discussion. If you must miss class, you miss your participation points but you should still submit any assignment due by class time.
We will discuss requirements for all interim assignments. You will receive feedback to help you go to the next step.
The paper will follow the format of a research report in a journal article. There should be a cover page, executive summary, table of contents (using the Word TOC function), introduction, statement of the problem and research questions, literature review, description of research methods including some original data collection, results (data collected), analysis, conclusions, limitations, action-oriented recommendations, reference list in APA style, and appendices. At least one appendix should have your data so I can check your results. (You may disguise confidential information.) There is no ideal length; however, you should have at least one draft that you edit to shorten and sharpen. Be sure to use spell/grammar check for your final version. I recommend trading papers with at least one student in the seminar to critique each other's work.
The final presentation should be formal in business dress with PowerPoint or other visual aids. Plan to speak about 20 minutes to summarize the most important international strategies and action-oriented recommendations to be taken to address the research problem. There will be about 10 minutes of questions and comments after you speak. Be sure to identify the concepts applied from your textbook. You will receive feedback on your presentation outline in time to improve your final presentation.


Class Discussion                  
Research Concept                  
Research Problem Statement
Identification of Possible Venue for Your Research
  10 extra credit
    10 extra credit
Review of Relevant Publications
Data Collection
Data Analysis
Recommended Action
Presentation Outline
Research Presentation            
Research Paper                    
Total Points                           

Grades are given as points. These grades are summed together in order to derive a course cumulative final grade using the scale below:

90 - 100


80 -   89.9


70 - 79.9


60 - 69.9


59.9 and below



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:
The initial grade earned on an assignment submitted late will be reduced 10% for each of the first two days and 20% for the third, fourth, fifth, and sixth day late. This applies regardless of the reason for being late. To be safe, work ahead!
No submissions permitted after the last class meeting.

Classroom Rules of Conduct:

Students are expected to be on time, alert, and prepared as directed for each class. This is an advanced course, so you are expected to prepare to lead parts of the discussion each week. You are expected to be courteous and respectful of your peers during any presentation, discussion or exchange of ideas. Cellular phones, computers, and other electronic devices may only be used in class for authorized research activities. Any violation of these rules of conduct will result in the loss of all or part of your class discussion points for the day, depending on the seriousness of the offense.

Course Topic/Dates/Assignments:


Textbook Chapters

Work Due

1- Jan 17



2- Jan 24

pp. i – 13, Conclusion, Appendix

Research Idea - ungraded

3- Jan 30

Ch. 14, 15A & 15B

Research Concept                  

4- Feb 7

Ch. 1

Research Problem Statement

5- Feb 14

Ch. 2

Identification of Possible Venue for Your Research

6- Feb 21

Ch. 3 - 4


7- Feb 27

Ch. 9

Review of Relevant Publications

8- Mar 7

Ch. 6 & 10


Spring Break

Enjoy your break

9- Mar 21

Ch. 5

Data Collection

10-Mar 28

Ch. 7 - 8


11- Apr 4

Ch. 11 - 12

Data Analysis

12-Apr 11

Ch. 13


13-Apr 18

Student Topic Choice

Presentation Outline

14-Apr 25

Research Topics


15- May 2

Research Topics

Research Paper

16-May 9

Exam Week

Research Presentation

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 2012-2013 Undergraduate Catalog Page 97

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 2012-2013 Undergraduate Catalog Page 95
Plagiarism will result in zero points for the activity with plagiarism. I am excellent in noticing plagiarism. Just don't do it!

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 2012-2013 Undergraduate Catalog Page 98

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:2/6/2013 7:38:35 AM