THE PENNSYLVANIA STATE UNIVERSITY
SMEAL COLLEGE OF BUSINESS ADMINISTRATION
INTERNATIONAL BUSINESS AND NATIONAL POLICIES—IB322
SECTION 1: T TH 2:30-3:45,
ROOM 117 BORLAND BUILDING
SECTION 2: T TH 1:00-2:15,
ROOM 117 BORLAND BUILDING
INSTRUCTOR: Anne Riley
OFFICE: 310Q BAB
TELEPHONE: 865-4277
E-Mail: akr3@psu.edu
OFFICE HOURS: Monday 2:30-4:00, Wednesday 10:00-11:30, and by appointment
TA: Lisa Vollowitz
OFFICE: 433 BEAM
TELEPHONE: 865-9310
E-Mail: lbv105@psu.edu
OFFICE HOURS: Tuesday 12:30-2:00, Thursday 2:30-4:00, and by appointment (please Email to set up)
IB
322 uses a case-driven approach to integrate macro and micro analyses of the
dynamics between international businesses/multinational enterprises (MNEs) and
national governments. Students who
successfully complete IB 322 will acquire knowledge of and tools to understand,
analyze and evaluate actions, theories and philosophies that influence home and
host government policies, the roles businesses play in shaping these policies,
and how policies and other factors shape competitive strategies of international
business firms in the areas of trade, investment and other international
economic activities. The PREREQUISITE for this course is IB 303--this means
you must have completed IB303 prior to this semester.
If you have not met the prerequisite, you will be dropped from the class
roster.
TEXT,
REQUIRED AND RECOMMENDED READINGS
IB322
Case and Reading Packet (Required)
Wall Street Journal/
New York Times/ Economist (Required)
These resources are essential for staying current on the topics addressed in this class and for
quality group projects. Relevant
articles may be assigned from these publications during the semester.
Other Assigned
Readings (REQUIRED). Assigned readings that are not in the reading
packet can be accessed in one of several ways.
(1) Log on to LIAS, Data Bases and More, and select either
PROQUEST DIRECT or ABI INFORM. Follow
the directions on the menu, enter the title of the article and issue the
appropriate command to obtain the full-text version of the article. (2) Log on
to the internet and go to the address specified for the assigned reading. The
articles can be printed, sent to your e-mail account to be read on screen or
print later. While these procedures may entail a bit of effort on your part, you
will save money by avoiding the requirement to pay copyright fees.
I recommend that you invest a bit of time at the beginning of the
semester to download or retrieve copies of the articles rather than wait until
the day before the assignment is due in class.
Class handouts
(required). These will be mostly one or two page articles taken from
COURSE
REQUIREMENTS
Attendance
Students
in IB 322 are required to attend classes regularly and to participate
constructively in class discussions. Attendance will be recorded daily. Each
student is permitted to have three unexcused absences; for every unexcused
absence beyond these three, one percentage point will be deducted from your
final average. No unexcused
absences are permitted for exams and YOUR group's presentation. You should
familiarize yourself with University policies on excused absences--these include
SOME University-sponsored activities; they DO NOT include interviews, wedding
rehearsals, even sick relatives (sorry). IF YOU ARE ILL, go to Ritenour and give
permission to the attending physician to release information about your ability
to attend class/take exams. If there is an EMERGENCY in your family,
please contact the Office of Student Affairs at 863-2020; the staff there will
verify the situation and contact all your professors to inform them of the dates
of absences and return.
Case Preparation and Writing Assignments
I
will distribute lists of questions to help you prepare for case discussions. You
may choose to not submit answers to THREE of the assigned cases. Typewritten
responses to two of the questions for each case will be due the day the case is
assigned. No answers to case
questions will be accepted after the case has been discussed in class and no
handwritten assignments will be accepted. Responses
will be graded P 1/2 P or F. A
grade of F means you do not receive any credit for the assignment; a grade of
1/2 P will earn 1/2 point; a grade of P will earn one point.
Individual Writing Assignment
The
individual writing assignment for this semester will be due on January
29, 2002. It will focus on
understanding the motivations and mechanisms behind a current international
business policy issue and the winners and losers of potential outcomes. See SCHEDULE (p. 5) for further details.
Case Preparations
The
success of case-driven learning depends to a large extent on student
preparation. In other words, I expect students to read case studies and other
articles prior to class meetings and to come to class prepared to participate in
discussing the lesson. Graded case
answers, reports, exams and other materials will be brought to class only one
time to be returned; they will be returned only to the student who submitted
them.
Group
Projects
Members
of the class will be assigned to an interdisciplinary group.
Each group will be responsible for one class presentation and written
report on a specific industry, government policy or firm strategy on a topic
related to a case or cases that will be covered in the class.
Presentations of group projects begin in class on February 19 and continue throughout the semester as listed on the
schedule. Assignments of group
projects will be made on a first- come, first-serve basis. Sign-up sheets for group projects will be available in class
beginning on January 17. The deadline
for selecting group project topics is January 24.
For
group projects, each group will be required to make a 20-minute presentation to
the class and submit a TYPEWRITTEN report.
No more than three presenters can be accommodated per group per topic.
Unless other arrangements are made, written reports are due the same day the
presentation is made. Students in
IB 322 classes usually appreciate group efforts and are willing to learn from
other students. Therefore, they
tend to be safe environments for speaking before groups--even for individuals
who are reluctant to do so. GROUP preparation is the key to success.
Additional information about requirements for group projects will be
provided in a separate handout.
All
group members are required to meet with me (AS A GROUP) for about 15 minutes at
least two weeks prior to the presentations; if you do not attend the
group meeting, five points will be taken from your grade on the project and if
your group does not complete a meeting at the appropriate time, five points will
be taken from the grade of all members. At this meeting, each group is
required to submit a written statement defining the scope of the project, a detailed
list of specific references and a detailed outline of the
proposed approach to the assignment that identifies the structure, the major
elements that will be included, and how the team effort is being divided (who
has responsibility for what).
Grades
for the group project will include preparation for and contributions in the
group meetings. Each member of each group also is required to complete a
confidential peer evaluation form for their group's activity.
These evaluations will be due the class after the presentation.
If you hand in your peer evaluation late, your grade on the project will
be decreased by 5% for every day that it is late.
Written evaluations of the group project will be given to each member of
the group -- but these evaluations will not be given until all information
required for the project (including confidential peer evaluations) is received.
Exams
There
will be three exams. All exams will
consist of essay and short-answer questions and will be given as scheduled on
the syllabus. Please note that all
exams will be evening exams as listed on the Schedule.
Except for situations specified in University policy manuals, ALL EXAMS
MUST BE TAKEN DURING THE SCHEDULED TIMES. Material for the exams will be drawn
from assigned cases and other assigned readings, class discussions thereof and
group presentations--therefore it is important that you be an "active
listener" during group presentations.
The exams will not be cumulative (i.e., no effort will be made to retest
material from a previous exam). However, you should expect that knowledge of
earlier material may be necessary for adequate understanding of certain concepts
covered in all exams.
Grade
Determination
It
is possible to earn a total of 110 points in this class. Final grades will be
based on a percentage grade computed from the following breakdown.
Letter grades will be assigned based on the percentage grade as follows: A = 90 or above; A- = 88-89; B+ = 86-87; B = 80-85; B- =
78-79; C+ = 76-77; C = 68-75; D = 60-67; F = <60.
Points
Answers to case questions and class participation in case analyses and quizzes 20
Individual Writing Assignment and Discussion (Due January 29) 10
First examination 15
Second examination 20
Third examination 20
Group Projects* 20
Group Planning Assignments* 5
*
These are GROUP projects. Ten percent of your grade will be determined by your peers'
confidential evaluations of your contributions to the project, including your
participation in the required meetings and ten percent will be determined by the
audience's evaluation of your presentation. Of the remaining 80 percent, half of
YOUR grade/points earned on the project will be based on my evaluation of the
content and delivery of the GROUP'S presentations AND WRITTEN report; the other
half of the grade/points will be based on my evaluation of your contribution to
the project.
Academic Integrity:
According
to the Penn State Principles and University Code of Conduct: Academic
integrity is a basic guiding principle for all academic activity at Penn State
University, allowing the pursuit of scholarly activity in an open, honest, and
responsible manner. In according
with the University’s Code of Conduct, you must not engage in or tolerate
academic dishonesty. This includes,
but is not limited to cheating, plagiarism, fabrication of information or
citations, facilitating acts of academic dishonesty by others, unauthorized
possession of examinations, submitting work of another person, or work
previously used without informing the instructor, or tampering with the academic
work of other students.
Any violation of academic integrity will be investigated, and where warranted, punitive action will be taken. For every incident when a penalty of any kind is assessed, a report must be filed, using the pdf form at this URL: www.smeal.psu.edu/smeal/integrity. This form is used for both undergraduate and graduate courses. This report must be signed by both the instructor and the student, and then submitted to the Associate Dean for Undergraduate Programs (Dave.Christy@psu.edu).
In IB 322, use of Nittany Notes
is considered to be a violation of academic integrity.
In keeping with University Policies, any academic integrity violations
will be considered to be a serious breach of the compact that exists between
professor and students, and will be punished.
Affirmative Action & Sexual Harassment:
The
Pennsylvania State University is committed to a policy that all persons shall
have equal access to programs, facilities, admission, and employment without
regard to personal characteristics not related to ability, performance, or
qualifications as determined by University policy or by Commonwealth or Federal
authorities. Penn State does not
discriminate against any person because of age, ancestry, color, disability or
handicap, national origin, race, religious creed, sex, sexual orientation, or
veteran status. Direct all
inquiries to the Affirmative Action Office, 211 Willard Building.
Americans with Disabilities Act:
The Smeal College of Business Administration welcomes persons with disabilities to all of its classes, programs, and events. If you need accommodations, or have questions about access to buildings where Smeal College activities are held, please contact us in advance of your participation or visit. If you need assistance during a class, program, or event, please contact the member of our staff or faculty in charge. Access to International Business courses should be arranged by contacting the Insurance and Real Estate Department Office: (814) 865-4172.
An Invitation to Students with Learning Disabilities:
It
is Penn State’s policy to not discriminate against qualified students with
documented disabilities in its educational programs.
If you have a disability-related need for modifications in your testing
or learning situation, your instructor should be notified during the first week
of classes so that your needs can be accommodated. You will be asked to present documentation from the Office of
Disability Services (located in 116 Boucke Building, 863-1807) that describes
the nature of your disability and the recommended remedy.
You may refer to the Nondiscrimination Policy in the Student
Guide to University Policies and Rules.
SCHEDULE
(Subject to Revision as Necessary)
|
DATE |
TOPICS AND
ASSIGNMENTS |
|
1/08 |
Introduction and Overview of IB 322 TOPIC: Competition and Competitiveness of U.S. Industries
|
|
1/10 |
TOPIC: Theories, Models and Policies--Country-based advantages ASSIGNMENT: Gould, David M. "The Theory and Practice of Free Trade" Economic Review (Federal Reserve Bank of Dallas, Fourth Quarter 1993, pp 1-16 (ABI INFORM--Backfile)
|
|
1/15 |
TOPIC: Theories,
Models and Policies (Cont'd)--Imperfect Competition, Barriers ASSIGNMENT: Moon, H. Chang and James A Goodrich. "Making U.S. Industry More Competitive: Myths and Realities," Review of Business, Fall 1996, pp. 18-23 (ABI INFORM--Backfile) |
|
1/17 |
TOPIC:
Competitive Analysis ASSIGNMENT: Read William P. Munk, "Using Competitive analysis models to set strategy in the Northwest Hardboard Industry," Forest Products Journal, Jul/Aug 1994, pp. 11-18. (ABI INFORM--Backfile) ASSIGNMENTS TO GROUPS WILL BE ANNOUNCED |
|
1/22 |
TOPIC: Theories, Models and Policies (Cont'd)--Product Life Cycle and Porter Models ASSIGNMENT: Read "Competitive Advantage of Nations" article (RP) HOMEWORK DUE: Answer Porter Questions |
|
1/24 |
TOPIC: Integrating
Market and Non-Market Strategy ASSIGNMENT: Read David P. Baron, "Integrated Strategy: Market and Nonmarket Components, California Management Review, Winter 1995, pp. 47-64. (ABI INFORM--Backfile) DEADLINE FOR SELECTING GROUP PROJECTS |
|
1/29 |
TOPIC: Current International Business Policy Issue ASSIGNMENT: Locate and write a 3-5 page analysis of a current article or articles (i.e., within the past 6-12 months) dealing with government policy on one of the following issues:
. Pricing of anti-AIDS/HIV drugs in developing countries. . Agriculture, environment and the WTO Select an article or articles that will permit you to
do an analysis (NOT a summary) of the following: a U.S. policy OR the U.S. Government's perspective on the
issue and policy being discussed, the rationale for the policy, the groups
who support and oppose the policy in the U.S. and/or abroad (including
business groups and non-business groups) and the basis for their
positions, the potential winners and losers (these will not be exactly the
same as the supporters and opponents), and your assessment of whether or
not the policy should be adopted or changed and/or under what conditions
it should be adopted or changed. Attach
a copy of the article(s) to your paper.
Also, come to class prepared to participate in a discussion of the
topic you have selected. |
|
1/31 |
TOPIC: Manipulating and Managing External Stakeholders Across Borders ASSIGNMENTS: Read "Nike Hits the Wall" Case (RP) HOMEWORK DUE: Nike Questions ANSWERS: Answer Sheet Transparency |
|
2/05 |
TOPIC: Transitional Economies: Opportunities, Risks and Strategies ASSIGNMENTS: Read "Daewoo's Globalization: Uz Daewoo Auto Project" HOMEWORK DUE: ANSWER Case Questions ANSWERS: Answer Sheet Transparency 1 Transparency 2 |
|
2/07 |
EXAM # 1: Evening Exam 8:15-10:15 (Room 112 Kern) Regular Class meeting will consist of a Q&A Review session |
|
2/12 |
No class |
|
2/14 |
TOPIC:
Strategies for Successful
Foreign Direct Investment in China ASSIGNMENTS: Read "Shanghai Volkswagen" Case (RP) HOMEWORK DUE: ANSWER Case Questions Transparency ANSWERS: Answer Sheet |
|
2/19 |
GROUP PROJECTS
#1 Update on DMC: Country, Industry and Firm-level Determinants Section 2 - Group 1's PowerPoint Slides Section 1 |
|
2/21 |
TOPIC: Evaluating Opportunities and Risks in Global Industries ASSIGNMENTS: Read "Indonesia's Pharmaceutical Industry" Case (RP) HOMEWORK DUE: ANSWER Case Questions ANSWERS: Answer sheet |
|
2/26 |
GROUP PROJECTS
#2
Government Policies,
Industry Competitive Dynamics and Firm Strategies Optional Readings: "Healthy Returns," Far Eastern Economic Review, June 1, 2000 (PROQUEST) and Joanne McManus and Trish Saywell, "Not in Our Backyard," Far Eastern Economic Review, August 3, 2000 (PROQUEST) Section 1-HOMEWORK DUE: ANSWER Case Questions Answers |
|
2/28 |
TOPIC: Privatization of Telecommunications ASSIGNMENTS: Read "Australia's Telstra Corp: Going Public" (RP) Section 2-HOMEWORK DUE: ANSWER Case Questions Answers |
|
3/05 |
Spring Break |
|
3/07 |
Spring Break |
|
3/12 |
GROUP PROJECTS
#3 TOPIC: Telecommunications
Services in the US and the EU: Government
Optional Reading: Matt Forney, "China Spurns Qualcomm Phone Plan…." Wall Street Journal, June 5, 2000 (PROQUEST) |
|
3/14 |
TOPIC: Economic Integration: the Case of Europe ASSIGNMENT: Read "European Monetary Union" Case (RP) HOMEWORK DUE: ANSWER Case Questions ANSWERS |
|
3/19 |
GROUP PROJECTS
#4 NAFTA and MERCOSUR: Macroeconomic Outcomes, Industry Assessment and Firm Strategies Mercosur Presentation - Section 2 |
|
3/21 |
Exam # 2:
8:15-10:15 PM (Room 112 Kern) Regular Class will be Q&A REVIEW |
|
3/26 |
No class |
3/28 |
TOPIC: Industrial Policy, Foreign Direct Investment and Economic Growth ASSIGNMENT: Read "1-800" Buy Ireland" Case (RP) ANSWER: Case Questions Answers |
|
4/02 |
GROUP PROJECTS
# 5 Section 1 - Czech Section 2 - Czech EU Expansion: Economic Issues, Opportunities, Risks and Firm Strategies in Turkey and the Czech Republic |
|
4/04 |
TOPIC: Foreign
Market Entry Strategies for Regulated Industries ASSIGNMENTS: Read "AXA: The Global Insurance Company" case (RP) ANSWER: Case questions |
|
4/09 |
GROUP PROJECTS
#6 Update on Policies, Industry Structure and Competitive Strategies in Financial Services in the U.S. and the EU
|
|
4/11 |
TOPIC: Industrial Policy and International Competition ASSIGNMENTS: Read "Collision Course in Commercial Aircraft: Boeing-Airbus-McDonnell Douglas--1991" Case (RP) ANSWER: Case questions Answers TRANSPARENCIES: Commercial Aircrafts |
|
4/16 |
GROUP PROJECTS
#7
Update on market dynamics, government policies and firm strategies
in the AIRBUS: Section 2 |
|
4/18 |
TOPIC: International Competition in Services Industries ASSIGNMENTS: Read "U.S. Airline Industry 1995" Case (RP) ANSWER: Case questions Answers TRANSPARENCIES: Deregulation Legislation |
|
4/23 |
GROUP
PROJECTS #8 Update on U.S. and EU policies in the Airline Industry and Impacts on Industry Structure and Firm Strategy. |
|
4/25 |
REVIEW (Regular Class meeting period) |
|
4/25 |
EXAM #
3--EVENING EXAM 8:15-10:15 p.m. (Room 112 Kern)
|