updated 2015 March 27
MGS C46  Jan - Apr 2015
known as MGT C46 in 2009, 2010, 2011, 2013
Managerial Perspectives in a Global Economy 
Course Summary and Outline
A 3rd year undergraduate course at 
University of Toronto at Scarborough 
This course was launched by Prof. Walid Hejazi in 2008
In 2009-2015 it has been taught by 
Prof. Tim RichardsonCONTACT INFO
http://www.witiger.com/resume/Bio.htm
W.T.G. Richardson
http://www.mcgrawhill.ca/highereducation/products/9780070401792/
course text recommended
we cover Chpt 1  2  4  5  7 
11 12 14 15 16
bb
Global Business Today, 
3rd Canadian Edition
ISBN-13: 978-007040179-2
publisher web site
-available in the library and UTSC bookstore
text glossary
marks are posted  here witiger.com/marks/  C46 GRADING STRUCTURE earning class participation / contribution marks
U of T snow line for UofT, UTM and UTSC 416-978-7669
January February Feb / March April
OFFICIAL COURSE OUTLINE
 http://www.witiger.
com/universityoftoronto
/MGSC46/official-outline-
MGSC46-2015-Jan-Apr.pdf

earning 
class participation
/ contribution marks
noted Jan 6th
------------------------------
Canada's Trade Investment
did Jan 6th, 13th
discussed Exec Summary for 2014

http://www.youtube.com/watch?v=ZaV7WhW3J9A

Canada/USA/China/Japan
did Jan 6
------------------------------
Chpt 1 Text 
Globalization.
introduced Jan 13th
did Jan 20th
Globalization of Markets/Customers
Globalization of Production
Globalization of Gov't / NGOs
------------------------------
Globalization of Gov't / NGOs
- IMF, World Bank, UN, WTO

Drivers of Globalization
text p. 10-11 barriers
text p. 13-14 technology
------------------------------
Globalization and 
Sovereignty
did Jan 20
------------------------------
Reverse Globalization
did Jan 20
------------------------------
Sustainable Development
did Jan 20
http://www.youtube.com/watch?v=5DVOL4sJcq4
Video
-------------------------------
Wal-mart Video on PBS site
- watch the 2nd and 4th segments 
- it talks about how Walmart dealt with suppliers
-------------------------------
Chpt 2 Text 
(discussion from the text)
(for Jan 20
"isms"
- differences in Economic Development
- PPP Purchasing Power Parity
(Big Macs)
did Jan 20

Chpt 4 Text 
ethics and social considerations
did intro Jan 20th
for Jan 27
Corporate Social Responsibility
- Obstructionist Stance
- Defensive Stance
- Accommodative Stance
- Proactive Stance
Case Study - Talisman
Case Study - Toyota
Case Study - Apartheid
Moral Hazard
Bribey
blood diamonds
(earn class participation marks by being prepared to discuss corporate ethical situations you know)
http://www.youtube.com/watch?v=OBUaopHHxYU

Moral Hazard
https://www.youtube.com/watch?v=ix5ST_m6_MI
------------------------------
Int'l Trade theories
Chpt 5 Text 
for fEB 10
 o Mercantilist Theory
 o Absolute Advantage
 o Comparative Advantage
      - Ricardian Model
      - Heckscher-Ohlin Theory
 o Int'l Product Life Cycle
 o New Trade Theory
        - Krugman, M.I.T.
-------------------------------
Porter and Competitiveness
for Feb 10
Canada and competitiveness
for Feb 10
--------------------------------
capital flows across int'l borders 
- portfolio investment
- direct investment

Feldstein/Horioka
not done in 2013, 2014
------------------------------
FDI models
 o Gravity Model
 o Knowledge Capital Model
------------------------------
Foreign Direct Investment
Chpt 7 Text 
FDI concepts
for Feb 10
(done in C46 in 2009)
 - Govt control
 - Investor control
-------------------------------
class debate 
-------------------------------
FDI in Canada
Target ??? Jan-Feb 2015
- supply chain
- target segment
- competitive environment
-----------------------------
Cdn FDI Examples
-------------------------------
JapaneseFDI in Cda
----------------------------
FDI withdrawal

Foreign Direct Investment
Chpt 7 Text

UNCTADFeb 10

FDI in Canada Feb 25

2009Mar16 
article in The Star
-------------------------------
Chpt 10 Text
(see MGSC44)
-------------------------------
Chpt 11 Text
Global Strategy
 (Feb 24
 o global expansion
 o pressures for cost reduction
 o local responsiveness

Strategic Choices
 o International Strategy
 o Multidomestic Strategy
 o Global Strategy
 o Transnational Strategy
-------------------------------
Chpt 12 Text
Country Evaluation and Selection
for Mar 10
-  weighing variables

Strategic Alliances
(see MGSC44)
-------------------------------
Chpt 13 Text
(see MGSC44)
-------------------------------
Chpt 14 Text
Globalization of Markets
Mar 10

Int'l Market Segmentation

Push vs Pull Strategy
push-pull powerpoint
for Mar 10

Global Advertising

Trade Barriers
for Mar 10
- tariffs
- dumping and C.B.S.A.
- subsidies
click to view
for Mar 10
dumping example explained by students
--------------------------------
Int'l Pricing Strategy
for Mar 10
 o predatory pricing
 o multipoint pricing
 o experience curve pricing
-------------------------------
Marketing Orientation for Int'l Business
http://www.youtube.com/watch?v=qE4w4VwEdSU&list=UUAtk_NQTEd9jP4hEI6lPUHA
.

Chpt 15 Text
Offshoring
Outsourcing
Mar 10 
Why Market Development is
better than Market Penetration
http://www.youtube.com/watch?v=_rQzCL0FwX0
video on advantages of
Market Development in the context of profile info on customers and outsourcing risks
-----------------------------------------------
Global manufacturing and Supply Chain Management
.
click
()
Weather extremes effecting supply chain
http://www.youtube.com/watch?v=gACh4Pjdvyc&feature=youtu.be
 

Just In Time (J.I.T.)
did Mar 18
http://www.youtube.com/watch?v=RxTbkSg6v_s

TQM
Total Quality Management
.
click

ISO 9000
--------------------------------
Chpt 16 Text
HRM - Human Resource Managementfor Mar 18

Chpt 16 Text for 
international development of mgrs
Canoe Race !! parable
--------------------------------
Freight Forwarders
------------------------------
Trading companies
- keiretsu
- sogoshosha
--------------------------------
 oIntranets/Extranets 4 IB
 oKaizen
...................

http://www.youtube.com/watch?v=zfqNeAj64kU
C46 Project Explained in YouTube video
http://www.youtube.com/watch?v=aK8QSa5M9s4
C46 how it will be marked

 

Jan 6th 2015
Jan 13
Jan 20
Jan 20
Jan 27
Feb 3 Test # 1
Feb  10 
break week Feb 16-21

Group Project Details

 

Feb 24
Mar 3 - no class
(freezing rain)

Mar 10
 
 

 

Mar 17  Mid-Term
7:15 - 9:00 pm
STUDY TIPS

Mar 24
Mar 31 team presentations
 

Group Project Presentation

Presentation Tips

STUDY TIPS

http://www.youtube.com/watch?v=bcuw9bMYgHY http://www.youtube.com/watch?v=8tXadb6IsKI http://www.youtube.com/watch?v=Zh_3o1npTEg http://www.youtube.com/watch?v=k1w28eG3jyA http://www.youtube.com/watch?v=xRrPMWWENhM http://www.youtube.com/watch?v=TI8JxwBvnII http://www.youtube.com/watch?v=wCxYyI_iWj0
Read The Newspaper
Part 1
Read The Newspaper
Part 2
getting rich on the stock market
Read The Newspaper
Part 3
learn an
Industry Sector
Read The Newspaper
Part 4
Business magazines
are important
Class
Participation
Marks
- the basics
Class
Participation
- how you earn the highest marks
Class
Participation
- how they are calculated
- the numbers
..
http://www.youtube.com/watch?v=LxguksrUZfk http://www.youtube.com/watch?v=B7e9WSnC0Tk http://www.youtube.com/watch?v=ybZbld2gyLI http://www.youtube.com/watch?v=bsPyhq52IwU http://www.youtube.com/watch?v=FiLByz-IaAE&feature=youtu.be
Group Work
- what the Report should look like
- binding, pages, table of contents
Group Work / Reports Part 2
The importance of using "Mature Language" in your writing
Group Work / Reports Part 3
important considerations
Group Work / Reports Part 4
Coordinating the submission
Communication w group members
Group Work / Reports Part 5
The importance of spelling and grammar and how you can help each other
b
click to view larger so it was really warm at 5:00 and some of the students jokingly said "let's have class outside", I responded "yes", which may have caught them off guard, but i thought it would be OK so we did - just to prove you don't need fancy technology to get the message across ... it turned out OK, and actually i noticed that we had the highest percentage (compared to previous classes) of everybody participating with useful comments, - which is always a good thing
... to C46ers, Thanks, i really enjoyed teaching you this term..WTGR
- and thanks to Nisha for the notebook and thanks to Christine for the pic

 
 
http://www.youtube.com/watch?v=mAHZSCaazpI Class participation marks 
(C46 students can use this same video in Apr 2011)

In the final class I will ask, "did you learn something useful and interesting.... in the whole course"
- so you can make such comments through YouTube by commenting in response to this video i made the last class
- you can also comment, on other student's comments
- make sure in the comment you identify your first name, last initial (do NOT put your real last name on YouTube) and add MGTC46

-
http://www.youtube.com/watch?v=wCxYyI_iWj0 Class participation marks are available to be earned up to April 6th 2011

In the last few weeks, i might not have the time to give a long reply to each email (because so many people are emailing), so if you just get a quick "ok", or "thanks", understand that i got it, read it, and will give you marks for what you sent

-
http://www.youtube.com/watch?v=bcuw9bMYgHY Read the newspaper on a regular basis

Watch my YouTube video to understand why

Part 1 www.youtube.com/watch?v=bcuw9bMYgHY
(why this helps you in class, and in job hunting)

Part 2 www.youtube.com/watch?v=8tXadb6IsKI
( a story abut how I made money on the stock market cause I read the newspaper and learned about a particular company)

c
http://www.dfait-maeci.gc.ca/menu-e.asp
(link checked 2008 Apr)
a site you should regularly visit for MGTC46
and, if you want contact info for a fed gov employee  http://direct.srv.gc.ca/cgi-bin/direct500/
http://www.dfait-maeci.gc.ca/canadexport/menu-en.asp http://www.dfait-maeci.gc.ca/canadexport/menu-en.asp
strongly recommended you read the top stories from CanadExport once a month
see also
 www.exportsource.ca/gol/exportsource/site.nsf/en/index.html
(link checked 2007 Nov)
.
no they did not get extra marks the 2009 MGTC46
"Desi Cricket Team" at the 2009 MESA Gala w Prof. Richardson
ff
Prof. W. Tim G. Richardson teaching schedule    www.witiger.com/schedule/schedule.htm

tel: 416-287-7034  rings in the UTSC 3rd floor part-time office - if I'm there, please come by
- usually I'm there before class begins (especially the days we hand tests back)

also call: 416-491-5050 ext 7534
 
 
http://www.mcgrawhill.ca/highereducation/product/0070984115/ course text REQUIRED 2010, 2011
Global Business Today, 2nd Ed.
ISBN-10: 0-07-098411-5
- available in the library and UTSC bookstore
text glossary

     
    1st month 2nd month 3rd month end of the course
    Jan 7th 2014
    Jan 14
    Jan 21 online class
    (read course info sent you in an email Jan 15th)
    Jan 28
    Jan 28
    Feb 4 Test # 1
    Feb  11 
    break week Feb 16-22

    2014 Group Project Details

    Feb 25
    Mar 4  Mid-Term
    7:15 - 9:00 pm
    STUDY TIPS
    - if you come early, you can start early
    Mar 11 class cancelled
    Mar 18
    Mar 25
    Apr 01 team presentations
    May 6th 2013
    May 13
    May 20 no class/holiday
    May 27
    May 27
    June 3 Test # 1 
    3:15 - 4:30 pm
    June 10
    June 17 class debate will be in room 200 at 7pm
    June 24
    July 1 (holiday no class)
    July 8
    July 15th Mid-Term
    3:15 - 5:00 pm
    STUDY TIPS
    - if you come early, you can start early
    July 22
    July 29 team presentations
    Group Project Presentation
    Mon Aug 1st holiday - UTSC closed
    Tue Aug 6th last day of classes summer of 2013
    Jan 11 2011
    Jan 18
    Jan 25
    Feb 1 Test # 1 
    Feb 8
    Feb 15 class debate

    Feb 21-25 UofT Break Week

    FDI Research Project 2010
     (old one)

    March 01
    March 08  no class
    March 15
    March 22
    March 29 team preparations
    - no attended class

    Apr 5th Group Project Presentation
    Friday April 8th last day of winter 2011 classes at UTSC
    Presentation Tips
     

    Jan 5 2010
    Jan 13 Wed 5-7pm in H216
    Jan 19 Tue 5-7 pm rm 120
    Jan 27 Wed 5-7pm
    - in H Wing room 216
    Jan 27 Wed 5-7pm
    - in H Wing room 216

    Feb 2 Tue Test # 1 
    in Mgmnt Bldg

    Feb 10th Wed 5-7pm
    - in H Wing room 216
    Feb 14-20 UofT Break Week

    FDI Research Project
     (to be discussed Feb 10th)

    Feb 23 (pizza nite)

    Mar 3rd wed in Management Bldg room 140 class debate

    Mar 9 tue

    Mar 17th wed in Management Bldg room 140

    Mar 23rd Tue
    (work on your project)

    Mar 30th Tue 5-7pm
    Group Project Presentation

    Monday, April 5 last day of classes at UTSC

    Jan 8 2009
    Jan 15
    Jan 22
    Jan 29 Test # 1 
    Feb 5
    Feb 12 (SA)
    Feb 15 - 21 UofT Break Week
    Feb 26
    Mar 4 class debate
    Mar 11
     

    Research Project

    Mar 19
    Mar 26
    Apr 02 Project Due

    Final Exam 
    Fri Apr 24 2:00 - 5:00
    STUDY TIPS

    ff
Every Student should read U of T's policy on Cheating and Plagiarism.
Cheating and Plagiarism are serious offences. www.sa.utoronto.ca/handbook.php?cid=1?sid=2.

see also Code of Student Conduct  www.utoronto.ca/govcncl/pap/policies/studentc.html

Code of Academic Behaviour http://www.utm.utoronto.ca/~w3reg/calendar2002-2003/codes_academic_behaviour.html

.
University of Toronto graphics on this page are used with the consent of the UofT, Scarborough College webmaster.   Other links and images  within this site are used with the consent of the various sources, and copies of emails giving such consent are kept on file by Prof.  Tim Richardson
..
.. .,,,,
witiger.com
  CONTACT I MAIN PAGE I NEWS GALLERY I E-BIZ SHORTCUTS I INT'L BIZ SHORTCUTS I MKTG?BUSINESS SHORTCUTS I TEACHING SCHEDULE
.
  MISTAKES ITEXTS USED I IMAGES I RANK IDISCLAIMER I STUDENT CONTRIBUTORS I FORMER STUDENTS I PUBLICATIONS I TIPSfor those On The Level who believe in faith, hope and charity
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