| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
| Course Code | MGMT 302 | ||||
| Course Title in English | International Business | ||||
| Course Title in Turkish | Uluslararası İşletmecilik | ||||
| Language of Instruction | EN | ||||
| Type of Course | Flipped Classroom | ||||
| Level of Course | Intermediate | ||||
| Semester | Spring | ||||
| Contact Hours per Week |
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| Estimated Student Workload | 130 hours per semester | ||||
| Number of Credits | 5 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites |
MGMT 201 - Managing People and Organizations | MGMT 203 - Organizational Behavior |
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| Co-requisites | None | ||||
| Expected Prior Knowledge | None | ||||
| Registration Restrictions | Only Undergraduate Students | ||||
| Overall Educational Objective | To acquire a working vocabulary and basic level of knowledge and skills involved in today’s global business. | ||||
| 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 Learning Outcomes and CompetencesUpon 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 |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| 1) The ability to recognize and apply basic principles and theories of law, legal methodology, and interpretation methods. | |||||
| 2) The ability to follow, evaluate, interpret and apply the current developments and legislative amendments. | |||||
| 3) The ability to locate and use legal resources; to follow and evaluate current legislative amendments, legal science, and court decisions. | |||||
| 4) The ability to internalize social, scientific and ethical values while evaluating legal information. | |||||
| 5) The ability to recognize, examine and resolve legal issues with respect to general principles of law, de lege feranda and de lege lata; to take into consideration both national and international aspects of law; and to acknowledge the importance of personal conviction while making decisions. | |||||
| 6) The ability to critically analyze legal disputes, legislation, court decisions and different views in the legal science; to form his/her own opinions; to detect legal lacuna and suggest alternative solutions. | |||||
| 7) The ability to understand issues regarding different fields of law; to characterize and propose solutions to complex issues arising from legal practice. | |||||
| 8) The ability to participate in and organize legal projects and activities as a socially responsible individual; to put his/her legal knowledge and skill to use efficiently (in the public or private sector). | |||||
| 9) The ability to use a foreign language at least on a B2 Level on the European Language Portfolio, to follow legal developments and communicate with colleagues in that language; to use computer software and information and communication technologies necessary in the law field at an Advanced Level of the European Computer Driving License. | |||||
| 10) Adoption of a positive approach to the concept of lifelong learning. | |||||
| 11) The ability to understand the development, evolution, and problems of the society and to contribute to the solution of these problems by legal methods. | |||||
| 12) The ability to understand the structure, organization, and functioning of law on the national and international level; to contribute to the development thereof. |
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | The ability to recognize and apply basic principles and theories of law, legal methodology, and interpretation methods. | S | |
| 2) | The ability to follow, evaluate, interpret and apply the current developments and legislative amendments. | N | |
| 3) | The ability to locate and use legal resources; to follow and evaluate current legislative amendments, legal science, and court decisions. | N | |
| 4) | The ability to internalize social, scientific and ethical values while evaluating legal information. | S | |
| 5) | The ability to recognize, examine and resolve legal issues with respect to general principles of law, de lege feranda and de lege lata; to take into consideration both national and international aspects of law; and to acknowledge the importance of personal conviction while making decisions. | N | |
| 6) | The ability to critically analyze legal disputes, legislation, court decisions and different views in the legal science; to form his/her own opinions; to detect legal lacuna and suggest alternative solutions. | N | |
| 7) | The ability to understand issues regarding different fields of law; to characterize and propose solutions to complex issues arising from legal practice. | N | |
| 8) | The ability to participate in and organize legal projects and activities as a socially responsible individual; to put his/her legal knowledge and skill to use efficiently (in the public or private sector). | N | |
| 9) | The ability to use a foreign language at least on a B2 Level on the European Language Portfolio, to follow legal developments and communicate with colleagues in that language; to use computer software and information and communication technologies necessary in the law field at an Advanced Level of the European Computer Driving License. | S | |
| 10) | Adoption of a positive approach to the concept of lifelong learning. | H | |
| 11) | The ability to understand the development, evolution, and problems of the society and to contribute to the solution of these problems by legal methods. | N | |
| 12) | The ability to understand the structure, organization, and functioning of law on the national and international level; to contribute to the development thereof. | N |
| Prepared by and Date | NEVRA BAKER ARAPOĞLU , May 2023 |
| Course Coordinator | CEYHAN MUTLU |
| Semester | Spring |
| Name of Instructor | Asst. Prof. Dr. HIZIR KONUK |
| Week | Subject |
| 1) | Course Introduction |
| 2) | International Business: An Introduction |
| 3) | The Cultural Environment of International Business |
| 4) | Political and Legal Systems in National Environments |
| 5) | Marketing and Human Resource Management in the Global Firm |
| 6) | Strategy and Organization in the International Firm |
| 7) | Overview |
| 8) | Midterm Exam |
| 9) | Global Market Opportunity Assessment |
| 10) | Exporting and Countertrade1 |
| 11) | Exporting and Countertrade2 |
| 12) | FDI and Collaborative Ventures 1 |
| 13) | FDI and Collaborative Ventures 2 |
| 14) | General Overview |
| 15) | Final Examination Period |
| 16) | Final Examination Period |
| Required/Recommended Readings | This course requires students to work continually throughout the semester and entails a fair amount of reading, writing and discussion. Various resources will be used for the first part of the semester, and reports, articles and other resources will be available on BB for the rest of the course. Course Textbook: International Business: The New Realities, 4th edition, Global Edition Cavusgil – Knight - Riesenberger Pearson Recommended books: World 3.0: Global Prosperity and How to Achieve It by Pankaj Gemawat. Harvard Business Review Press, 2011. ISBN-10: 1591398665 | ISBN-13: 978-1591398660 Cultures and Organizations: Software of the Mind, Third Edition by Hofstede, Hofstede, Minklov. McGraw Hill, 2010. ISBN-10: 0071664181 ISBN-13: 978-0071664189 | ||||||||||||||||||
| 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 | The students will be making two presentations and preparing two reports as a group at the mid-way and end of the course. The groups will be formed and the details of the projects will be announced later by the instructor. Each group will have maximum 4 members and each team member will present their part individually. Before the presentations, the group projects have to be submitted both as a PPT (presentation) and a PDF (report) file within a deadline provided by the instructor. Late assignments will not be accepted. | ||||||||||||||||||
| Laboratory Work | None | ||||||||||||||||||
| Computer Use | Personal Computer | ||||||||||||||||||
| Other Activities | None | ||||||||||||||||||
| Assessment Methods |
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| Course Administration |
arapoglun@mef.edu.tr The instructor may act as facilitator for class/group discussions and observe how each student contributes / adds value to the discussed topic. The topic may either cover previous material or assigned new material from videos and book chapters. Homework, if assigned, must be submitted on time and in the requested format. Late submission will not be accepted. This is a flipped course where each student is expected to read assigned material and watch videos in advance, follow class and Blackboard, and actively participate. If you are sick on the day of the exam you need to submit a legitimate doctor’s report explicitly stating that your excuse prevents you from taking the exam in line with university regulations. Academic dishonesty and plagiarism will be subject to the YÖK disciplinary regulation. |
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| Activity | No/Weeks | Hours | Calculation | ||||
| No/Weeks per Semester | Preparing for the Activity | Spent in the Activity Itself | Completing the Activity Requirements | ||||
| Course Hours | 14 | 2 | 3 | 1 | 84 | ||
| Project | 2 | 20 | 3 | 46 | |||
| Total Workload | 130 | ||||||
| Total Workload/25 | 5.2 | ||||||
| ECTS | 5 | ||||||