International Business Management     MGT C44
.

Instructor: Tim Richardson
Phone: 416-491-5050 ext 7534
tel: 416-287-7034 in room H-404A in the new Management Bldg.

Class Time:     Mon 7:00 pm - 10:00 pm
Class Location: Management Building, ground floor

Required Readings: Online  www.witiger.com/universityoftoronto/MGTC44.htm

Texts: - the course website is a "virtual textbook"

Evaluation:

always refer to the current version online at

Minor Test - 20%
Major Test - 35% (a.k.a. Mid-Term)
Final Exam - 45%

http://www.witiger.com/universityoftoronto/MGTC44/gradingMGTC44.htm

Minor Test - 20% - covers Section A +  some of Section B (depending on the progress of the lectures in a particular term)
- emphasis on Section A

Major Test - 35% (a.k.a. Mid-Term) - covers Section B+C  + part of Section A
(includes a special Question on the foreign direct investment activities of a Canadian company)
b
the 35% is broken down into
 
20% the actual Mid-term
- short answer and essay answer questions done in class
- usually the time alloted is 110 minutes
10% the take home assignment about FDI
- you will be given details about how to research a Canadian company involved in foreign direct investment and write out a long answer on 2 pages to hand in the day of the Mid-term
5% a short list of multiple choice questions re: international business things re: the topis in C44
- the purpose is to have some way of measuring the requirement that students keep up-to-date with current events in "international business management"
- to do well in this you need to read the newspapers on a regular basis
- the questions will cover events and companies that are Canadian, or things that effect Canadian international business
- most of the questions will come from major stories - nothing really really obscure
- usually this little quiz (sub-set of the Mid-term) will be given at the end of the class in which we have the Class Debate
- a sample was given in the 3rd class so you would know what these are like
.
Final Exam - 45% - covers the entire course, with an emphasis on the end of the course
(includes a special Question on the export activities of a Canadian company)
b
the 45% is broken down into
 
30% the actual Final
- essay answer questions done in the gym, or some designated room
- usually the time alloted is 3 hours
10% the take home assignment about Exporting
- you will be given details about how to research a Canadian company involved in exporting and write out a long answer on 3 pages to hand in the day of the Final exam
- it needs to be clearly understood that, historically,  some students research this particular assignment very very well so you are accordingly advised to keep this "competitive environment" in mind
5% a short list of multiple choice questions re: international business things re: the topis in C44
- the purpose is to have some way of measuring the requirement that students keep up-to-date with current events in "international business management"
- to do well in this you need to read the newspapers on a regular basis, some students also listen to the news radio, like 680 News and others make sure they watch the national TV newscasts a few times a week
- the questions will cover events and companies that are Canadian, or things that effect Canadian international business - being successful in "international business management" requires a serious attention to current events and news effecting your business sector and the economy
- most of the questions will come from major stories - nothing really really obscure
- usually this little quiz (sub-set of the Final) will be given at the end of the class in the last class of the course
.
Major Topics to be covered:

.
from the C44 web page http://www.witiger.com/universityoftoronto/MGTC44.htm
..G
 
Section A Section B Section C Section D Section E
Introduction (Jan 9)
Basic of Int'l Biz specific to Canada
- Globalization (Jan 9)
- SustainableDevelopment
Porter and Competitiveness
------------------------------
6 Environments (Jan 9)
and (Jan 23)
6 E's effect on branding (read on your own)
-------------------------------
Int'l Trade theories
(read on your own)
(Prof. Hejazi will cover this in 2008 in C46)
------------------------------
Political and Legal environment  (Jan 16)
 o Political Environment
 o Political risk
 o Contingency planning
 o Defensive / Integrative
 o Personal risk
 o Alan Bell Speaker
 o Bill C-45
-------------------------------
Cultural environment
(Jan 09 and 23)
- Hofstede(Jan 23)
- rules for doing business across cultures
- mother tongue marketing
(Jan 09 and 23)
- translations
(read on your own)
Economic environment
(Jan 23)
------------------------------
Physical/Geographic Environment(Jan 9)
-----------------------------
Weather extremes
(Jan 23)
--------------------------------
Govt Influence on Trade  (Jan 30)
- continuation of the Political Environment
- tariffs (Jan 30)
- dumping(Jan 30)
- subsidies(Jan 30)
------------------------------
class debate(Feb 6)
-------------------------------
FDI concepts(Feb 6)
(Prof. Hejazi will also discuss this in 2008 in C46)
Govt control
Investor control
Globalization  FDI
FDI Trends,
Cdn FDI Examples(Feb 6)
-------------------------------
FDI in Canada
(read on your own)
------------------------------
NGOs 
 tIMF
 tWorld Bank
 tWTO
 tOECD
 tASEAN
------------------------------
 oNAFTA
 oCAN-US relations
 oCAN-US stuff
JapaneseFDI in Cda
UNCTAD 
FDI withdrawal
--------------------------------
Central Banks
4X
ForeignExchange

Mrkt
 o cross rates
 o spot market
 o forward market
 o currency swaps
 o futures contracts

Exchange Rate
determinants
 opegged currencies
 ofloating currencies
Cdn $ issues
------------------------------
currency exchange debate
fixed or float
-------------------------------
class might be ONLINE

--------------------------------
ethical and social considerations
ethics

 

Pro-Active & Re-Active
Reasons for going international
-------------------------------
Country Evaluation and Selection
-  weighing variables
------------------------------
sources of info
on countries
o gov't info
oassociations
o corporate info

-------------------------------
Collaborative
Relationships
 o licensing
 o franchising
 o mgmnt contracts
 o turnkey ops
 o joint ventures
 o equity alliances
 o consortiums
-------------------------------
Ways to enter foreign mkts
------------------------------
Export / Import Strategies
- intl mrkt entry modes
-------------------------------
Case Study Heineken
-------------------------------
Disadvantages of Exporting

importing
-------------------------------
LCs Letters of Credit
------------------------------
Freight Forwarders
ExportFinancing
CdnGovt
- DFAIT, - CIDA
- EDC, - CCC
- PEMDs
-------------------------------
Trading companies
- keiretsu
- sogoshosha
--------------------------------
Countertrade  Barter
-------------------------------
Global manufacturing and Supply Chain Management
(Prof. Hejazi will cover this in 2008 in C46)
-------------------------------
 oIntranets/Extranets 4 IB
 oKaizen
 oJ.I.T
 oTQM
-------------------------------
HRM - Human Resource Management
international development of mgrs
-----------------------
speaker  C44 T.A. Mike Jagdeo
PowerPoint
 ooutsourcing 2007
(Prof. Hejazi will cover this in 2008 in C46)
 oUShousingMkt2007
Jan 09 2008
Jan 16 speaker
Jan 23
Jan 30 Test# 1
7:15 - 8:15 in class
- after the test we will have a shortened class
Feb 6 debate 2008
Feb 6 Media Quiz 1
(15 minutes)
- to be done at the end of the debate / class
Feb 13 
Feb 18-22 Reading Week
Feb 27 MID-TERM
7:10 - 9:00 in class
 
 
March 5
March 12
March 19
March 26 Media Quiz 2
(20 minutes)
Apr 2 ?

FINAL EXAM 3 hrs

.

This outline authored by W. Tim G. Richardson

revised - Jan 2008
revised - May 2007
revised - January 2007
revised - September 2006
revised - January 2006
extensively revised August 2005
revised - January 2004
revised - January 2003
revised - January 2002
revised - April 2001
created - January 2001