| School/Faculty/Institute |
Graduate School of Social Sciences |
| Course Code |
MGMT 544 |
| Course Title in English |
International Business and Trade |
| Course Title in Turkish |
Uluslararası İşletmecillik ve Ticaret |
| Language of Instruction |
EN |
| Type of Course |
Flipped Classroom |
| Level of Course |
Seçiniz |
| Semester |
Spring |
| Contact Hours per Week |
| Lecture: 3 |
Recitation: |
Lab: |
Other: |
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| Estimated Student Workload |
130 hours per semester |
| Number of Credits |
5 ECTS |
| Grading Mode |
Standard Letter Grade
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| Pre-requisites |
None |
| Expected Prior Knowledge |
None |
| Co-requisites |
None |
| Registration Restrictions |
None |
| Overall Educational Objective |
To acquire the knowledge and skills involved in today’s global business and trade operations |
| Course Description |
Business leaders in today’s world must be familiar with, and have a perspective on, the dynamic and rapidly changing international conditions under which they must conduct their operations. In order to do so, students have to enhance their problem-solving and critical analysis techniques and to further develop their written and oral communication skills as these significant tools prepare students for successful future careers.
This course is the foundation of international business with an emphasis on the operations, risks and advantages of doing business with foreign partners. This course will create a wide knowledge base on a number of major ideas that are associated with these topics. The themes which will be discussed include globalization, cultural and societal environment, trade theory, government in international business, entry modes, economic integration, emerging markets, financial institutions, organization, marketing and management strategy. |
| Course Description in Turkish |
Günümüz dünyasında iş liderleri faaliyetlerini dinamik ve değişken uluslararası koşullarda sürdürmek için temel kavram, bakış açısı ve bilgilere sahip olmak durumundadır. Bunun için, öğrencilerin problem çözme ve eleştirel analiz teknkilerini geliştirmeleri ve yazılı ve sözlü iletişim becerilerini güçlendirmeleri, ilerki kariyerlerine hazırlanmaları açısından büyük önem taşımaktadır.
Bu ders, uluslararası işletmeciliğin temel kavramlarını, özel olarak yurtdışı operasyonlar, riskler ve avantajlara odaklanmak suretiyle tanıtmaktadır. Ders boyunca bu konular ile ilgili temel bir bilgi tabanı yaratılacaktır. Konuların aktarımında küreselleşme, kültürel ve sosyal çevre, uluslararası ticaret teorisi, uluslararası işletmecilikte hükümetlerin rolü, giriş modları, yükselen ekonomiler, finansal kurumlar, organisazyon, strateji, pazarlama ve diğer fonksiyonların uluslararası şirketlerde kurgulanması başlıkları tartışılacaktır. |
Course Learning Outcomes and Competences
Upon successful completion of the course, the learner is expected to be able to:
1) Comprehend the unique aspects involved doing business internationally
2) Understand the dynamics of global monetary system and international trade
3) Discuss different governmental and non-governmental bodies involved in international business including: IMF, UN, WTO (and GATT), OECD, NATO, and OPEC
4) Formulate and analyze strategies to compete in international markets
5) Understand cultural, legal and ethical considerations involved in cross border transactions
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| Program Learning Outcomes/Course Learning Outcomes |
1 |
2 |
3 |
4 |
5 |
| 1) Ability to analyse a various range of organizational information, including accounting and finance, operations management, marketing and technology |
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| 2) Integration of the organizational functional knowledge in the process of formulation and implementation of long-term strategic goals and objectives |
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| 3) Competence in leadership and team membership skills for managing innovation as well as routine processes and activities in organizations |
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| 4) Self-exploration through the development and implementation of real business opportunities |
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| 5) Awareness of the uncertainty and complexity of global business environments and changing business practices and trends |
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| 6) Ability to find ethical, creative, comprehensive solutions to complex organizational problems |
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| 7) Integration of management techniques, new business models and analytical tools to decision-making processes |
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| 8) Competence in vital managerial and leadership skills, such as critical thinking, business communication, decision making and conflict resolution |
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| 9) Ability to communicate in English both verbally and in writing at European Language Portfolio General Level B2. |
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Relation to Program Outcomes and Competences
| N None |
S Supportive |
H Highly Related |
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Program Outcomes and Competences |
Level |
Assessed by |
| 1) |
Ability to analyse a various range of organizational information, including accounting and finance, operations management, marketing and technology |
S |
Project
|
| 2) |
Integration of the organizational functional knowledge in the process of formulation and implementation of long-term strategic goals and objectives |
H |
Project
|
| 3) |
Competence in leadership and team membership skills for managing innovation as well as routine processes and activities in organizations |
S |
HW
|
| 4) |
Self-exploration through the development and implementation of real business opportunities |
H |
Project
|
| 5) |
Awareness of the uncertainty and complexity of global business environments and changing business practices and trends |
S |
HW
|
| 6) |
Ability to find ethical, creative, comprehensive solutions to complex organizational problems |
H |
Project
|
| 7) |
Integration of management techniques, new business models and analytical tools to decision-making processes |
S |
Project
|
| 8) |
Competence in vital managerial and leadership skills, such as critical thinking, business communication, decision making and conflict resolution |
N |
|
| 9) |
Ability to communicate in English both verbally and in writing at European Language Portfolio General Level B2. |
N |
|
| Prepared by and Date |
, |
| Course Coordinator |
CEYHAN MUTLU |
| Semester |
Spring |
| Name of Instructor |
Assoc. Prof. Dr. HANDE KARADAĞ |
Course Contents
| Week |
Subject |
| 1) |
Globalization of Markets and the Internationalization of the Firm |
| 2) |
Legal, Technological, Accounting, and Political
Environments of International Business
|
| 3) |
The Role of Culture |
| 4) |
The International Monetary System and the Balance of Payments |
| 5) |
International Trade and Investment |
| 6) |
Formulation of National Trade Policies |
| 7) |
International Strategic Alliances |
| 8) |
Mid-term Presentations |
| 9) |
Basic Concepts of International Trade |
| 10) |
Introduction to Export and Import Operations |
| 11) |
Documents in International Trade I |
| 12) |
Finance of International Trade I |
| 13) |
Finance of International Trade II |
| 14) |
Factoring & Forfeiting |
| 15) |
Final Projects Period |
| 16) |
Final Projects Period |
| Required/Recommended Readings | International Business- A Managerial Perspective
Ninth edition- GLOBAL EDITION
Ricky W. Griffin-Texas A&M University
Michael W. Pustay- Texas A&M University
Pearson
|
| Teaching Methods | This course is designed to provide students with an introductory exposure to many of the essential elements of international business in today's global system. For achieving learning objectives, the course will entail a set of related videos, readings, lectures, problem-solving activities and creative processes as well as interactions with real life businesses. With readings and lectures, you will be able to grasp the key issues of organizations whereas with case studies and discussions, you will find the opportunity to expand your perspectives and apply the theoretical knowledge to real life situations.
The course will cover basic terminology and theoretical structure as well as practical implications. The methods which will be used throughout the course are real life case studies, group projects, presentations, in-class discussions and key note speaker addresses. Every member of the class is expected to freely share her/his knowledge, ideas and questions with the group without any concern. Throughout the course, experiential, constructivist, research-based and reflective teaching strategies are used. In all kinds of teaching and learning activities, student participation, active learning and learning by doing are essential. |
| Homework and Projects | |
| Laboratory Work | |
| Computer Use | |
| Other Activities | |
| Assessment Methods |
| Assessment Tools |
Count |
Weight |
| Attendance |
1 |
% 30 |
| Midterm(s) |
1 |
% 30 |
| Final Examination |
1 |
% 40 |
| TOTAL |
% 100 |
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| Course Administration |
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Information Package / Course Catalogue