17353_mgn514 -- international environment and management

Lovely Professional University, PunjabCourse Code Course Title Course Planner Lectures Tutorials Practicals CreditsMGN514 INTERNATIONAL ENVIRONMENT AND

MANAGEMENT13530::Ashwani Panesar 3.0 1.0 0.0 4.0

Course Category Courses with conceptual focus

TextBooks Sr No Title Author Edition Year Publisher NameT-1 INTERNATIONAL BUSINESS

ENVIRONMENTS AND OPERATIONS

DANIELS, RADEBAUGH, SULLIVAN & SALWAN

12th 2011 PEARSON PRINTICE-HALL

Reference BooksSr No Title Author Edition Year Publisher NameR-1 INTERNATIONAL BUSINESS

ENVIRONMENT AND MANAGEMENT

V.K. BHALLA AND S. SHIVA RAMU

13th 2010 ANMOL PUBLICATIONS

Other Reading

Sr No Journals articles as Compulsary reading (specific articles, complete reference)OR-1 Terms in International Business: Competing In the Global Marketplace, by Charles W.L. Hill, Irwin/ McGraw-Hill, 1997 ,

OR-2 Article on risk Management in International Business By April Xuemei Hou ,

OR-3 "Why innovative business projects fail", Henk W. Volberda, Frans A. J. Van Den Bosch & J. Henri Burgers,,RSM Insight,March 2010. , OR-4 Detailed article on history of european union at http://www.parliament.ge/files/1_901_108571_2.pdf ,

OR-5 Article on Whether regional trade agreements are blessing or burden ,

OR-6 Rubric scale ,

Relevant WebsitesSr No (Web address) (only if relevant to the course) Salient FeaturesRW-1 http://www.bloomberg.com/news/2014-03-21/russia-ukraine-crisis-threatens-europe-

economy-cutting-research.htmlPolitical instability and Impact of Russia-Ukraine crises on various countries

RW-2 http://www.fao.org/docrep/005/x0513e/x0513e16.htm Factors determing Indian sugar production and its comparative advantage

RW-3 http://www.state.gov/e/rls/rmk/2010/149187.htm New Patterns of Investment in the Global Economy: Implications for U.S. Leadership

RW-4 http://db.lib.uidaho.edu/ereserve/courses/b/business/380_01/smith.pdf Theory of Comparative and absolute advantage

RW-5 http://db.lib.uidaho.edu/ereserve/courses/b/business/380_01/tarpart1.pdf Government influence on Trade

RW-6 http://www.wto.org/english/res_e/statis_e/statis_e.htm For Latest updates on WTO

RW-7 http://www.forbes.com/sites/stratfor/2014/01/07/nafta-and-the-future-of-canada-mexico-and-the-united-states/2/

NAFTA And The Future Of Canada, Mexico And The United States

RW-8 http://businesstoday.intoday.in/story/rupee-dollar-value-drop-factors-for-fall/1/21881.html

How Valuation of currency is done.

RW-9 http://www.un.org/en/development/desa/policy/proj_link/documents/presentations03/bivens_0403.PDF

Discussion on Iraq war and the global economy

RW-10 http://economicsandpeace.org/wp-content/uploads/2011/09/The-Economic-Consequences-of-War-on-US-Economy.pdf

Discussion on Economic Consequences of a war

RW-11 http://smallbusiness.chron.com/manage-change-business-2524.html How to manage change in business

RW-12 http://2012books.lardbucket.org/books/challenges-and-opportunities-in-international-business/s10-02-what-is-the-role-of-the-imf-an.html

Role of IMF and World Bank

RW-13 http://apps.who.int/medicinedocs/documents/s16764e/s16764e.pdf The Impact of Tariff and Non Tariff Barriers on Drugs

RW-14 http://www.kpmg.com/Global/en/IssuesAndInsights/ArticlesPublications/global-manufacturing-outlook/Documents/performance-in-the-crosshairs-v3.pdf

The 2014 Global Manufacturing Outlook

RW-15 http://www.voxeu.org/ Resources for Developments in the area of International Trade & Economy

RW-16 http://epublications.bond.edu.au/cgi/viewcontent.cgi?article=1003&context=cgej Globalisation and CSRRW-17 http://entrepreneurs.about.com/od/beyondstartup/a/jointventures.htm Introduction to Joint VentureRW-18 http://www.manzellareport.com/index.php/strategies-section/310-is-international-

expansion-through-a-joint-venture-or-foreign-acquisition-right-for-your-companyInternational Expansion through Joint Venture

RW-19 http://www.im.wiso.uni-erlangen.de/download/Vortrag_Rogers.pdf International Business Negotiations

RW-20 http://db.lib.uidaho.edu/ereserve/courses/b/business/380_01/coeval.pdf Country Evaluation and Selection Parameters

RW-21 http://www.globalization101.org/what-is-globalization/ Discussion on Globalization

RW-22 http://www.s-cool.co.uk/a-level/economics/why-trade/revise-it/why-do-countries-trade Why countries Trade?

RW-23 http://www.oecd.org/std/its/37350973.pdf How are services being internationalized ?

RW-24 http://www.globalization101.org/uploads/File/IMF/imfall.pdf Key Facts of IMF and World Bank

Detailed Plan For Lectures

LTP week distribution: (LTP Weeks)Weeks before MTE 8

Weeks After MTE 7

Spill Over 3

Week Number

Lecture Number

Broad Topic(Sub Topic) Chapters/Sections of Text/reference books

Other Readings,Relevant Websites, Audio Visual Aids, software and Virtual Labs

Lecture Description Learning Outcomes Pedagogical ToolDemonstration/ Case Study / Images / animation / ppt etc. Planned

Live Examples

Week 1 Lecture 1 Overview of International Business Environment(Introduction to International Business)

T-1:Chapter 1 OR-1 Lecture:-1.L T P Credits and text book of the course.2.Course assessment model i.e marks break-up, proposed CA model etc.3. How the relevant resources which could be used for better understanding of the course.4.A brief about the objectives and course contents. Lecture 2:-Various Terminologies to be used in the subject.Lecture 3:-To discuss about International business and why companies engage in International business.

Lecture 1:To make students well-verse with the flow of the subject.Lecture 2:To make students well versed with the various terms to be used in the subject.Lecture 3:-Students will comprehend on International Business and its types

Lecture 1:-Text Book,Newspaper,Course file Lecture 2:-Article of Wall Street JournalLecture 3:-

Article Discussion

Week 1 Lecture 2 Overview of International Business Environment(Introduction to International Business)




Article Discussion

Lecture 3 Overview of International Business Environment(Introduction to International Business)




Article Discussion

Week 2 Lecture 4 Overview of International Business Environment(Globalization and Society)

T-1:Chapter 5 RW-21 To discuss process of Globalization and its need for building a better society

To make students understand the key concepts of Globalization and its effect.

Case Study Ecomagination and the Global greening of GE, Text Book Page 183

Lecture 5 Overview of International Business Environment(Globalization and Society)

T-1:Chapter 5 RW-21 To discuss process of Globalization and its need for building a better society

To make students understand the key concepts of Globalization and its effect.

Case Study Ecomagination and the Global greening of GE, Text Book Page 183

Lecture 6 Overview of International Business Environment(Social Environment)

T-1:Chapter 1 and Chapter 5

To discuss Social Environment before and after Globalization

To make students comprehend the changing Social Structure and will co relate with Globalization

White Board and Class Discussion

Week 3 Lecture 7 Overview of International Business Environment(Political and Legal Environment)

T-1:Chapter 3 RW-1 To discuss the various components of Political and Legal Environmen

To make Students understand the different Political and

Legal Systems and their out come for Global Trade

Case Study Anglo American PLC in South Africa, Text Book Page 212

Ukraine/Russia Crises

Lecture 8 Overview of International Business Environment(Economic Environment)

T-1:Chapter 4 RW-10 To discuss global economic environment and its importance for business firms

Students would develop skills of analysing macro economic environment and will corelate with micro environment of the firm

Case StudyEconomic Conundrums and the Comeback of Emerging Economies, Text Book, Page 139

Lecture 9 Overview of International Business Environment(Technological Environment)

RW-11 To discuss technological

environment

Students will be facilitated to think about new technology

and will better equiped to face challanges of technological obscelence

Discussion Failure of Kodak,Phillips

Week 4 Lecture 10 Trade and Investment Theories(Recent World Trade and Investment Patterns)

RW-3 Various trends of the World trade

Students will analyse and understand facts and figure of World Trade so they can take logical decisions

Class Discussion

Week 4 Lecture 11 Trade and Investment Theories(Factor Mobility theory)

T-1:Chapter 6 To understand Factor Mobility Theory

To make students understand the planning and decision

makingin international marketing.

White board,Discussion

None

Lecture 12 Trade and Investment Theories(Theory of Absolute Advantage)

T-1:Chapter 6 RW-4 To understand Absolute Advantage Theory

To make students understand that how a country gets Absolute advantage.

White Board,Discussion and article

Japan's Automobile Growth

Week 5 Lecture 13 Trade and Investment Theories(Theory of Comparative Advantage)

T-1:Chapter6 RW-2 To understand Comparative Advantage

Theory

To make students understand that how a country gets comparative advantage.

Article and Discussion

Japan's Automobile Growth

Lecture 14 Trade and Investment Theories(Trade Pattern Theories)

T-1:Chapter6 RW-22 Countries trade,types of products and why they trade.

To make students understand how, what and with whom do countries trade.

Case Latin America An Outsourcing Destination, Text Book, Page 255

China's trade Surplus Discussion

Lecture 15 Trade and Investment Theories(Governmental Influence on Trade and Investments)

T-1:Chapter7 RW-5 To understand role of Governement on Trade and Investments

Students will learn and analyze infulence of political system on economic activities

White Board and Discussion

China's Intervention in Currency

Trade and Investment Theories(Determination of Trading Partners)

T-1:Chapter15 How to finalize that with which country should we trade .

Students will develop

skills of identification, evaluation and finalization of the trading partners

White Board,Articles and Discussion

None

Week 6 Lecture 16 Trade and Investment Theories(Interdependence and Dependence)

T-1:Chapter 7 and Chapter8

To discuss economic relation ships with other countries and economic cooperation

To impart knowledge about Govt influence on trade, relations among govt and relations among organizations

DiscussionCase StudyMaking the Emperors New Clothes, Text Book, Page 265

Lecture 17 Role of International Organizations and Internationalization of Firms(Cross National Cooperation and Agreements)


To discuss Cross National Cooperation and Agreements

Students would realize importance of international cooperation and agreements

Discussion Discussion On NAFTA

Week 6 Lecture 18 Role of International Organizations and Internationalization of Firms(Tariff and Non Tariff Barriers)

T-1:Chapter 7 RW-13 To understand Trade Barriers

Enabling students to come across tariff and non tariff barriers and

methods to deal with them

Discussion Case StudyUS Cuban Trade, Text Book, Page 288

USA's Imposition of Various Barriers on China

Week 7 Lecture 19 Role of International Organizations and Internationalization of Firms(WTO)

T-1:Chapter8 RW-6 To understand GATT and WTO

To inform Students about reasons of emergence

of GATT and WTO, their contribution in World Trade

White Board

Lecture 20 Role of International Organizations and Internationalization of Firms(Regional Blocks)

T-1:Chapter8 OR-5 To discuss about Regional issues and regional trade agreements

To make students understand the different Regional Blocks and their success.


NAFTA's sucess story

Lecture 21 Role of International Organizations and Internationalization of Firms(Regional Blocks)

T-1:Chapter8 OR-5 To discuss about Regional issues and regional trade agreements

To make students understand the different Regional Blocks and their success.


NAFTA's sucess story

Week 8 Lecture 22 Role of International Organizations and Internationalization of Firms(International Production and Issues)

T-1:Chapter 17 RW-14 To discuss Global Manufacturing and Supply Chain Management

To make students understand the various manufacturing and supply challenges and to find strategies to over come them during International Operations

Report Discussion

Lecture 23 Role of International Organizations and Internationalization of Firms(Internationalization of Services)

RW-23 To discuss Internationalization of Services

Students will inculcate skills for Internationalization of Services

Article and Discussion

None

Lecture 24 Role of International Organizations and Internationalization of Firms(Operation Management in International Firms)

T-1:Chapter 17 To discuss Operations Managementand Revision


insight about Operational Aspects

White Board and article discussion

MID-TERM

Week 9 Lecture 25 International Financial Markets(World Financial Environment)

T-1:Chapter9 To give introduction of various International Financial Markets


insights about International Financial Markets and associated activities

Class Discussion None

Lecture 26 International Financial Markets(Foreign Exchange Market Mechanism)

T-1:Chapter9 RW-8 To elaborate Foreign Exchange Markets and how the valuation of the currency is done.

Students will become

familiar with Foreign Exchange and mechanism of the market

Class Discussion

Lecture 27 International Financial Markets(Determinants of Exchange Rates)

T-1:Chapter10 To study Determinants of Exchange Rates

To familiarize the students with the mechanism of Exchange Rates Determination

Discussion China's Exchange Rate Intervention

Week 10 Lecture 28 International Financial Markets(Euro Currency Markets)


OR-4 To learn about Euro and Euro Currency Market

To make students develop insight about European Financial Markets

Class Discussion

Lecture 29 International Financial Markets(Offshore Financial Centres)


To discuss International Financial Centres

To make students understand about Financial Center of the World

Class Discussion None

Lecture 30 International Financial Markets(International Banks)

T-1:Chapter 9 RW-12RW-24

To discuss about various

International Banks involved in the smooth functioning of international trade

To make students understand about the major International Banks

Class Discussion Latest reports of Funding of IMF

Week 11 Lecture 31 International Financial Markets(Stock Markets)

T-1:Chapter 19 To discuss about Stock Markets

Students will get fair information about Stock Markets

Articles and Discussion

Impact of War on stock Exchanges

Lecture 32 Globalization and International Trade(Global Competitiveness)

T-1:Chapter11 To discuss the parameters that provide better Global Competitiveness

To make students aware about Global Competitiveness of firms

Class Discussion China's Growth story

Week 11 Lecture 33 Globalization and International Trade(Export Management)

T-1:Chapter13 To discuss Export Management and Licensing

To prepare students for Export Management and entry mode like Licensing

Class Discussion Walmart's Entry into country like India

Week 12 Lecture 34 Globalization and International Trade(Joint Ventures Technology and Global Competition)

T-1:Chapter14 RW-17RW-18

To discuss about Joint Ventures and Global competition

To develop skills about entering in to International Markets

Article and discussion

None

Lecture 35 Globalization and International Trade(Globalization and Human Resource Development)

T-1:Chapter20 To discuss Global HRM and managing expatriates and Revision

To analyse HR Environment and Challenges at International Level and to find best available solutions

Class Discussion

Lecture 36 Homework3

Week 13 Lecture 37 International Strategic Management(Globalization with Social Responsibility)

RW-16 To discuss affect of globalization on Social Responsibility

To make Students understand the concept of Social Responsibility in light of globalization.

Article and White board

Tata Group view of Business

Lecture 38 International Strategic Management(World Economic Growth and Environment)

RW-15 To discuss the various elements of World Economic Growth

To make students understand the various elements of World Economy

Discussion World Bank's Latest data on various countries growth

Lecture 39 International Strategic Management(Country Evaluation and Selection)

T-1:Chapter12 RW-20 To discuss methods of Country Evaluation


skills of evaluation and selection of country for International Trade

Brain StormingCase StudyGE in India, Text Book, P 483

Week 14 Lecture 40 International Strategic Management(International Business Diplomacy)

T-1:Chapter12 To discuss diplomacy in

International Business


skills of handling International Issues Diplomatically

Class Discussion and White board

USA's Invervention

Lecture 41 International Strategic Management(Negotiating an International Business)

T-1:Chapter11 and Chapter16

RW-19 To discuss role of negotiation in International Business

To make Students understand the various skills involved in effective negotiation.

Article,Newspaper Discussion

Lecture 42 International Strategic Management(Issues in Asset Protection)

T-1:Chapter3 To discuss the various issues of Asset Protection

Students will analyse and learn strategies of

Asset Protection

Class discussion

Week 15 Lecture 43 International Strategic Management(Multilateral Settlements)

T-1:Chapter8 To discuss Multilateral Settlements

To Make students understand about Multilateral Issues and Settlements

Class Discussion

Lecture 44 International Strategic Management(External Relations Approach)

T-1:Chapter 11 To discuss importance of International Relations

Lecture 44:- Students will analyze and enrich with skills of External Relations in World TradeLecture 45:- To clear the doubts of the students pertaining to international business


Lecture 45 International Strategic Management(External Relations Approach)

T-1:Chapter 11 To discuss importance of International Relations

Lecture 44:- Students will analyze and enrich with skills of External Relations in World TradeLecture 45:- To clear the doubts of the students pertaining to international business


SPILL OVERWeek 16 Lecture 46 Spill Over

Lecture 47 Spill Over

Lecture 48 Spill Over

Scheme for CA:Component Frequency Out Of Each Marks Total Marks

Homework 2 3 15 30

Total :- 15 30

Details of Academic Task(s)

AT No. Objective Topic of the Academic Task Nature of Academic Task(group/individuals/field

work

Evaluation Mode Allottment / submission Week

HW3 To evaluate conceptual and analytical skills of students.

A test would be conducted to evaluate conceptual and analytical skills of students which would be based on topics covered up to 10 th week. 4 questions of 10 marks each and 1 question of 5 marks will be there in the test.

Individual Performance in the test

12 / 12

HW2 To enhance conceptual and analytical skills of students

Students would be allocated with different industries of different countries and student will submit industry analysis report.

Individual As per the Rubric Scale

3 / 7

HW1 To develop team work, analytical and presentation skills among students.

In the second week, the faculty will allocate cases to student groups. Students would submit PPTs in the third week only and from the third week presentations would start.

Group Case Analysis - 30 marks, Presentation - 15 marks

2 / 11

Plan for Tutorial: (Please do not use these time slots for syllabus coverage)Tutorial No. Lecture Topic Type of pedagogical tool(s) planned

(case analysis,problem solving test,role play,business game etc)

Tutorial1 Discussion on Reports, News articles related to International Business & Environment

Discussion

Tutorial2 Discussion on Reports, New Articles related to International Business & Environment

Discussion

Tutorial3 Case Based Presentation by student groups Case AnalysisTutorial4 Case Based Presentation by student groups Case AnalysisTutorial5 Case Based Presentation by student groups Case AnalysisTutorial6 Case Based Presentation by student groups Case AnalysisTutorial7 Case Based Presentation by student groups Case AnalysisTutorial8 Discussion on Reports, News articles related to International

Business & EnvironmentDiscussion

After Mid-TermTutorial9 Case Based Presentation by student groups Case AnalysisTutorial10 Case Based Presentation by student groups Case AnalysisTutorial11 Case Based Presentation by student groups Case AnalysisTutorial12 Case Based Presentation by student groups Case AnalysisTutorial13 Discussion on Reports, latest News, Articles related to International

Business & EnvironmentClass Discussion

Type of pedagogical tool(s) planned(case analysis,problem solving test,role play,business game etc)

Discussion

Discussion

Case AnalysisCase AnalysisCase AnalysisCase AnalysisCase AnalysisDiscussion

After Mid-TermCase AnalysisCase AnalysisCase AnalysisCase AnalysisClass Discussion

Tutorial14 Avon Calls on Foreign Markets Tutorial15 Toyatas European Drive

Case AnalysisCase Analysis

17353_mgn514 -- international environment and management

Documents

global economy rw

global marketplace

innovative business

course category courses

course salient featuresrw

comparative advantagerw

global manufacturing

impact of tariff