mgn514a -- international environment and management

Lovely Professional University, PunjabCourse Code Course Title Course Planner Lectures Tutorials Practicals CreditsMGN514A INTERNATIONAL ENVIRONMENT AND

MANAGEMENT17353::Dr. Mahesh Chandra Joshi 2.0 1.0 0.0 3.0

Course Orientation 1 :DISCIPLINE KNOWLEDGE, 7 :COMPETITIVE EXAMINATION(Higer Education), 8 :COMPETITIVE EXAMINATION(Civil Services)

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

ENVIRONMENTS AND OPERATIONS

DANIELS, RADEBAUGH, SULLIVAN & SALWAN

12th 2011 PEARSON

Reference BooksSr No Title Author Edition Year Publisher NameR-1 International Business Rakesh Mohan Joshi 1st 2009 OXFORD UNIVERSITY PRESS

Relevant WebsitesSr No Web address (only if relevant to the course) Salient FeaturesRW-1 THE GLOBAL ENVIRONMENT OF BUSINESS: NEW PARADIGMS FOR

INTERNATIONAL MANAGEMENT, http://www.iveybusinessjournal.com/topics/global-business/the-global-environmentofbusiness- new-paradigms-for-international-management#.Ue5MX9KB-Ew

Details about various types of environments

RW-2 Non-tariff measures: what are the impacts on international trade and on developing countries?, http://www.cirad.fr/en/news/all-news-items/articles/2010/science/nontariffmeasures

Non-tariff measures: what are the impacts on international trade and on developing countries?, http://www.cirad.fr/en/news/all-news-items/articles/2010/science/nontariffmeasures

RW-3 http://www.voxeu.org/ Resources for Developments in the area of International Trade & Economy

RW-4 http://www.unescap.org/ Economic and Social Commission for Asia and Pacific

RW-5 http://smallbusiness.chron.com/impact-technological-change-business-activity- 2191.html

Discussion on Technological Environment

RW-6 www.dgft.gov.in Foreign Trade Data of India and Policies

RW-7 http://www.wto.org/english/res_e/statis_e/statis_e.htm World Trade Facts and Direction

RW-8 Internationalization of services, www.raco.cat/index.php/Paradigmes/article/download/219635/300261

Strategies for Internationalization of Services

RW-9 www.marketsntrade.com Website on International Trade & Markets update

RW-10 http://europa.eu/pol/emu/index_en.htm Website on Euro and European Union

RW-11 http://econ.worldbank.org Resource on Stock Markets and NBFC

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-1:1R-1:1

L 1 : Zero Lecture1.L T P Credits and textbook of the course.2.Course assessmentmodel i.e marksbreakup,proposed CA modeletc.3. How the relevantresources which couldbe used for betterunderstanding of thecourse.4.A brief about theobjectives and coursecontents.L 2:To discussaboutInternational businessand why companiesengage in International

L 1:To makestudents well-versewith the flow of thesubject.L 2:Studentswillcomprehend onInternationalBusiness and its types

L 1:-TextBook,Newspaper,Course fileL 2:Brain Storming ,Discussion

utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)L 2:US hotel chainBest Westernscouts forfranchise partnerto expand inIndia(http://economictimes.indiatimes.com/articleshow/47365051.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)BlackBerry,Cisco ink patentcross-licensingagreement(http://economictimes.indiatimes.com/articleshow/47790455.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)

Detailed Plan For Lectures

LTP week distribution: (LTP Weeks)Weeks before MTE 7

Weeks After MTE 7

Spill Over 4

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

T-1:1R-1:1

L 1 : Zero Lecture1.L T P Credits and textbook of the course.2.Course assessmentmodel i.e marksbreakup,proposed CA modeletc.3. How the relevantresources which couldbe used for betterunderstanding of thecourse.4.A brief about theobjectives and coursecontents.L 2:To discussaboutInternational businessand why companiesengage in International

L 1:To makestudents well-versewith the flow of thesubject.L 2:Studentswillcomprehend onInternationalBusiness and its types

L 1:-TextBook,Newspaper,Course fileL 2:Brain Storming ,Discussion

utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)L 2:US hotel chainBest Westernscouts forfranchise partnerto expand inIndia(http://economictimes.indiatimes.com/articleshow/47365051.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)BlackBerry,Cisco ink patentcross-licensingagreement(http://economictimes.indiatimes.com/articleshow/47790455.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)

Week 2 Lecture 3 Overview of International Business Environment(Types of International Business)

T-1:1 To discuss differenttypes of InternationalBusiness firms andprevailing MicroEnvironment

To make studentsunderstand differenttypes of InternationalBusiness Firms andinfluence ofenvironment on it

Discussion

Lecture 4 Overview of International Business Environment(Political and Legal Environment)

T-1:2 & 3R-1:7 & 8

To discuss global socialand politicalenvironment and itsimportance ininternational busines

To make studentscomprehend thechanging Social andpoliticalstructure and will corelate withGlobalization

Discussion http://economictimes.indiatimes.com/news/international/worldnews/a-nucleardeal-couldsharpenpoliticaltensions-iniran/articleshow/47864705.cms

Week 2 Lecture 4 Overview of International Business Environment(Social Environment)

T-1:2 & 3R-1:7 & 8

To discuss global socialand politicalenvironment and itsimportance ininternational busines

To make studentscomprehend thechanging Social andpoliticalstructure and will corelate withGlobalization

Discussion http://economictimes.indiatimes.com/news/international/worldnews/a-nucleardeal-couldsharpenpoliticaltensions-iniran/articleshow/47864705.cms

Week 3 Lecture 5 Overview of International Business Environment(Economic Environment)

T-1:4 To discuss globaleconomic andtechnologicalenvironmentand its importance forbusiness firms

To make Studentsunderstand thedifferent economicand technologicalenvironment andtheirout come for GlobalTrade

DiscussionCase Study:EconomicConundrums andthe Comeback ofEmergingEconomies

Overview of International Business Environment(Technological Environment)

T-1:4 To discuss globaleconomic andtechnologicalenvironmentand its importance forbusiness firms

To make Studentsunderstand thedifferent economicand technologicalenvironment andtheirout come for GlobalTrade

DiscussionCase Study:EconomicConundrums andthe Comeback ofEmergingEconomies

Lecture 6 Trade and Investment Theories(Recent World Trade and Investment Patterns)

T-1:7R-1:3

RW-6 To analyse varioustrends of theworld trade andgovernmental Influenceon trade and investments

Students will analyseand understand factsand figure of worldtrade , governmentalInfluence on tradeand investments sothey cantake logicaldecisions

data analysis,discussion

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

T-1:7R-1:3

RW-6 To analyse varioustrends of theworld trade andgovernmental Influenceon trade and investments

Students will analyseand understand factsand figure of worldtrade , governmentalInfluence on tradeand investments sothey cantake logicaldecisions

data analysis,discussion

Week 4 Lecture 7 Trade and Investment Theories(Factor Mobility theory)

T-1:6R-1:2

To understand FactorMobility Theory &Trade Pattern Theories

To make studentsunderstand the role oftrade theories inplanning and decisionMaking by firmsin internationalbusiness

Whiteboard,Discussion

Week 4 Lecture 7 Trade and Investment Theories(Trade Pattern Theories)

T-1:6R-1:2

To understand FactorMobility Theory &Trade Pattern Theories

To make studentsunderstand the role oftrade theories inplanning and decisionMaking by firmsin internationalbusiness

Whiteboard,Discussion

Lecture 8 Trade and Investment Theories(Theory of Absolute Advantage)

T-1:6R-1:2

To understand AbsoluteAdvantage Theory &Comparative AdvantageTheory

To make studentsunderstand that how acountry gets AbsoluteAdvantage andComparativeAdvantage byInternational Trade

WhiteBoard,Discussionand article

Japan'sAutomobileGrowth

Trade and Investment Theories(Theory of Comparative Advantage)

T-1:6R-1:2

To understand AbsoluteAdvantage Theory &Comparative AdvantageTheory

To make studentsunderstand that how acountry gets AbsoluteAdvantage andComparativeAdvantage byInternational Trade

WhiteBoard,Discussionand article

Japan'sAutomobileGrowth

Week 5 Lecture 10 Role of International Organizations and Internationalization of Firms(Cross National Cooperation and Agreements)

T-1:5 To understand GATTand WTO

To inform Studentsaboutreasons of emergenceof GATT and WTO,their contribution inWorld Trade

Discussion http://economictimes.indiatimes.com/news/international/business/wto-formallyacceptskazakhstan-asnewmember/articleshow/48241244.cms

Role of International Organizations and Internationalization of Firms(WTO)

T-1:5 To understand GATTand WTO

To inform Studentsaboutreasons of emergenceof GATT and WTO,their contribution inWorld Trade

Discussion http://economictimes.indiatimes.com/news/international/business/wto-formallyacceptskazakhstan-asnewmember/articleshow/48241244.cms

Lecture 9 Role of International Organizations and Internationalization of Firms(Tariff and Non Tariff Barriers)

T-1:7 and 8 To understand TradeBarriers , their effect onworld trade and crossnational cooperation

Enabling students tocome across tariffandnon tariff barriers ,methods to deal withthem and importanceof cross nationalcooperation

Discussion http://economictimes.indiatimes.com/topic/tariffbarriers

Week 6 Lecture 11 Role of International Organizations and Internationalization of Firms(Regional Blocks)

T-1:6 To discuss aboutRegional issues andregional tradeagreements

To make studentsunderstand thedifferentRegional Blocks (NAFTA, SAFTA &EU ) andtheir success.

Discussion http://economictimes.indiatimes.com/news/international/worldnews/europeanunionmodernisescustomsprocedures/articleshow/48264293.cms

Lecture 12 Role of International Organizations and Internationalization of Firms(Internationalization of Services)

T-1:14 RW-8 To discussInternationalization ofServices

To make studentsunderstand processand significance ofInternationalizationofServices

Discussion

Week 7 Lecture 13 Role of International Organizations and Internationalization of Firms(International Production and Issues)

T-1:17R-1:16

To discuss InternationalProduction and IssuesandOperation Managementin International Firms

To make studentsunderstand theInternationalProduction and IssuesandOperationManagement inInternational Firms

Discussion http://economictimes.indiatimes.com/industry/auto/news/hyundaimotorschairman-

mkchungreviewing-newindia-factoryreports/articleshow/47338208.cms

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

T-1:17R-1:16

To discuss InternationalProduction and IssuesandOperation Managementin International Firms

To make studentsunderstand theInternationalProduction and IssuesandOperationManagement inInternational Firms

Discussion http://economictimes.indiatimes.com/industry/auto/news/hyundaimotorschairman-

mkchungreviewing-newindia-factoryreports/articleshow/47338208.cms

SPILL OVERWeek 7 Lecture 14 Spill Over

MID-TERM

Week 8 Lecture 15 International Financial Markets(World Financial Environment)

T-1:9R-1:15

To give introduction ofworld financialenvironment andinternational banks

Students will developinsights aboutInternationalFinancialMarkets andassociatedactivities

Discussion http://economictimes.indiatimes.com/news/international/business/4-banksgoldman-sachsbnp-paribasbarclays-hsbcpay-1-bn-tosettle-forexrigging-suitreports/articleshow/47714169.cms

International Financial Markets(International Banks)

T-1:9R-1:15




International Financial Markets(World Financial Environment)

T-1:9R-1:15




Week 8 Lecture 15 International Financial Markets(International Banks)

T-1:9R-1:15




Lecture 16 International Financial Markets(Determinants of Exchange Rates)

T-1:10R-1:15

To elaborate ForeignExchange Markets andhow the valuation of thecurrency is done.

Students will becomefamiliar with ForeignExchange andmechanism of themarket andmechanism ofExchange RatesDetermination

Discussion China'sExchange RateIntervention

International Financial Markets(Foreign Exchange Market Mechanism)

T-1:10R-1:15

To elaborate ForeignExchange Markets andhow the valuation of thecurrency is done.

Students will becomefamiliar with ForeignExchange andmechanism of themarket andmechanism ofExchange RatesDetermination

Discussion China'sExchange RateIntervention

Week 9 Lecture 17 International Financial Markets(Euro Currency Markets)

T-1:9R-1:15

To learn about Euro andEuro Currency Marketand InternationalFinancial Centres

To make studentsdevelop insightabout EuropeanFinancial Marketsand FinancialCenter of the World

Discussion

International Financial Markets(Offshore Financial Centres)

T-1:9R-1:15

To learn about Euro andEuro Currency Marketand InternationalFinancial Centres

To make studentsdevelop insightabout EuropeanFinancial Marketsand FinancialCenter of the World

Discussion

Lecture 18 Globalization and International Trade(Export Management)

T-1:13 To discuss ExportManagement andLicensing

To prepare studentsforExport Managementand entry mode likeLicensing

Discussion Walmart's Entryinto country likeIndia

Week 9 Lecture 18 Globalization and International Trade(Licensing)

T-1:13 To discuss ExportManagement andLicensing

To prepare studentsforExport Managementand entry mode likeLicensing

Discussion Walmart's Entryinto country likeIndia

Week 10 Lecture 19 Globalization and International Trade(Joint Ventures Technology and Global Competition)

T-1:14 To discuss about JointVentures WhollyOwned Subsidiaries andGlobalcompetition

To develop skillsaboutentering in toInternational Markets

Discussion

Globalization and International Trade(Global Competitiveness)

T-1:14 To discuss about JointVentures WhollyOwned Subsidiaries andGlobalcompetition

To develop skillsaboutentering in toInternational Markets

Discussion

Lecture 20 Globalization and International Trade(Globalization and Human Resource Development)

T-1:20 L 20: To discuss thestrategic function ofInternational HRML 21 : To discuss MNEand managingexaptriates

L 20: Students willleran how HRMcould help MNC's tobecome successful?L 21: Students willlearn challenges ofexpatriatemanagement

Discussion

Week 11 Lecture 21 Globalization and International Trade(Globalization and Human Resource Development)

T-1:20 L 20: To discuss thestrategic function ofInternational HRML 21 : To discuss MNEand managingexaptriates

L 20: Students willleran how HRMcould help MNC's tobecome successful?L 21: Students willlearn challenges ofexpatriatemanagement

Discussion

Lecture 22 International Strategic Management(Country Evaluation and Selection)

T-1:12 L 22: To discuss onCountry Evaluation andSelectionL 23: Test

L 22: Students willdevelop skill ofcomparing marketsand country selectonL 23: Test

L 22: DiscussionL 23: Test

Week 12 Lecture 23 International Strategic Management(Country Evaluation and Selection)

T-1:12 L 22: To discuss onCountry Evaluation andSelectionL 23: Test

L 22: Students willdevelop skill ofcomparing marketsand country selectonL 23: Test

L 22: DiscussionL 23: Test

Lecture 24 International Strategic Management(Negotiating an International Business)

T-1:11 and 16 To discuss role ofnegotiation inInternational Business

To make Studentsunderstand thevarious skillsinvolved in effectivenegotiation.

Article,Newspaper&Discussion

Week 13 Lecture 25 International Strategic Management(Issues in Asset Protection)

T-1:3 To discuss the variousissues ofAsset Protection

Students will analyseand learn strategies ofAsset Protection

Discussion, News http://economictimes.indiatimes.com/news/economy/policy/government-tofinalisenational-iprpolicy-in-3-4-monthsofficial/articleshow/48273034.cms

Lecture 26 International Strategic Management(Multilateral Settlements)

T-1:16 To discuss importanceofInternational Relationsand MultilateralSettlements

Studentswill analyzeand enrich with skillsofExternal Relationsand MultilateralSettlements

Discussion

International Strategic Management(External Relations Approach)

T-1:16 To discuss importanceofInternational Relationsand MultilateralSettlements

Studentswill analyzeand enrich with skillsofExternal Relationsand MultilateralSettlements

Discussion

Week 14 Lecture 27 International Strategic Management(Globalization with Social Responsibility)

RW-4RW-9

To discuss affect ofglobalization on SocialResponsibility andWorld EconomicGrowth

To make Studentsunderstand theconcept of SocialResponsibility inlight of globalizationand growth ofInternational Trade

Discussion

International Strategic Management(World Economic Growth and Environment)

RW-4RW-9

To discuss affect ofglobalization on SocialResponsibility andWorld EconomicGrowth

To make Studentsunderstand theconcept of SocialResponsibility inlight of globalizationand growth ofInternational Trade

Discussion

SPILL OVERWeek 14 Lecture 28 Spill Over

Week 15 Lecture 29 Spill Over

Lecture 30 Spill Over

Scheme for CA:

Component Frequency Out Of Each Marks Total Marks

Assignment,Case Study,Test 2 3 10 20

Presentation 1 1 5 5

Total :- 15 25

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

Presentation1 To provide a platform to every student for developing communication skill, confidence and an analytical bent of mind

Each student will make 05 minute presentation on a current topicThe topic of presentation must be related to the marketing course.Student will be randomly chosen for the presentation, so everystudent must come prepared in every class/tutorial for thepresentationIf the student is not prepared for the presentation, he/she will beawarded zero marks out of five and no second opportunity will beprovided.It is suggested that students should regularly read the newspapernews/articles and prepare at least a two page document to capturethe essence of the issue.

Individual As per rubric( Content-5 marks, Communication- 5 marks, Confidence- 5 marks)

1 / 12

Assignment1 To enhance conceptual and analytical skills of students

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

Individual As per the Rubric Scale

3 / 7

Case Study1 To develop team work, analytical and presentation skills among students.

In the second week, the faculty will allocate cases to studentgroups. Students would submit PPTs in the third week only andfrom the third week presentations would start.

Group Identification of the Main Issues/Problems-3 marks, Analysis of the Issues-5, Comments on effective solutions/strategies (The solution may be in the case already or proposed by you)-15, Links to Cours

2 / 11

Test1 To evaluate conceptual and analytical skills of students.

A test would be conducted to evaluate conceptual and analyticalskills of students which would be based on topics covered up to10 th week. 4 questions of 10 marks each and 1 question of 5marks will be there in the test.

Individual 6 questions of 5 marks

12 / 12

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 and group formation

Discussion

Tutorial2 Guidelines for case study analysis Case AnalysisTutorial3 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 Analysis

After Mid-TermTutorial8 Case Based Presentation by student groups Case AnalysisTutorial9 Case Based Presentation by student groups Case AnalysisTutorial10 Case based Presentation by student groups Case AnalysisTutorial11 Discussion on contemporary issues of International Business Discussion Tutorial12 Role play on International HRM Issues Role PlayingTutorial13 Role play on international Business Negotiations Role PlayingTutorial14 SURVIVAL STRATEGIES FOR COMPANIES IN GLOBAL

BUSINESS WORLD A CASE STUDY(http://www.opf.slu.cz/vvr/akce/turecko/pdf/Kasimoglu.pdf)

Case Analysis

mgn514a -- international environment and management

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