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© 2010 Dr. Emeric Solymossy - All Rights Reserved International Management
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© 2010 Dr. Emeric Solymossy - All Rights ReservedIntroduction Emeric Solymossy “Dr. E ” Availability / Accessibility Office Hours: Mondays: 10:30 am – 12:00 pm, (60th Street) 3:15 pm until 3:45 pm (60th Street) Tuesdays: 1:00 pm – 2:00 pm (60th Street) Wednesdays: 10:30 am – 12:00 pm (60th Street) AND By appointment
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Course Introduction Course Material Syllabus Posted on-line (http://faculty.wiu.edu/E-Solymossy)http://faculty.wiu.edu/E-Solymossy Text Book (on Reserve in Library) International Management: Culture, Strategy, and Behavior, Hodgetts, Luthans, & Doh (Irwin-McGraw Hill Publishers) Either 5th ed. 2003, 6th ed. 2006, or 7 th ed. 2009 Case Studies (will be posted on the instructional support web-site in read-only, PDF format) support page http://faculty.wiu.edu/E-Solymossy/IM2010s.htm
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Principle Topics Culture (National and Organizational) Meanings and dimensions Situation Analysis Framework STEP Entry Strategies & Structures Logistics Harmonized Code System International Operations Comparative analysis
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Learning Methodology Lectures Case Studies Videos Simulations
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© 2010 Dr. Emeric Solymossy - All Rights ReservedAssignments Exercise 1: (Due Week 5) Cultural profile for designated country Outline form (must be typed), of 1 or 2 pages. Exercise 2: (Due Week 6) Harmonized code for the selected product and service Applicable tariff and non-tariff barriers for the designated country. This requires a 1 page outline report (must be typed). Mid-Term Exam (Week #8) Exercise #3: (Due Week 10) Political, regulatory, and economic risk factors for the designated country, along with recommending mitigating strategies. Exercise #4 (Due Week 12) Using the framework provided in class, rate the designated country on all items. Used in class to produce a weighted, comparative matrix. Applied Project (Due Week 14) Final Examination (Week 15)
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© 2010 Dr. Emeric Solymossy - All Rights ReservedGrading 100 Pts. 10% Attendance and active, engaged participation 100 Pts. 10% Quizzes (pro-rated to 100 points) 100 Pts. 10% Case study / analyses 100 Pts. 10% Exercises for project (4 exercises) 200 Pts. 20% Applied Project Paper 50 Pts. 5% Applied Project Presentation 150 Pts. 15% Mid-term exam 200 Pts. 20% Final exam (comprehensive) Grade determination: 901 or more pointsA 801 through 900 pointsB 701through 800 pointsC 601through 700 pointsD 600 or less pointsF
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Global Exposure By knowing the locations of countries and the distances between them, managers in the global marketplace are able to make more informed decisions. Knowing the geography of a place also gives managers insight into the culture of the people living there. Because international managers must know where borders meet, it will be necessary for you to refer to current maps (available on the Internet) to make certain they reflect recent changes in national political boundaries. As the global marketplace continues to absorb previously isolated countries, each one of us needs a thorough grasp of the global landscape. Try to answer the following 20 questions. I urge you to consult the map frequently in order to refresh your memory of the global landscape and especially when you encounter the name of an unfamiliar city or country.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 1. Which of the following countries border the Atlantic Ocean? 1. Bolivia 2. Australia 3. South Africa 4. Japan 5. United States Which of the following countries are found in Africa? 1. Guyana 2. Morocco 3. Egypt 4. Pakistan 5. Niger
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 1. Which of the following countries border the Atlantic Ocean? 1. Bolivia 2. Australia 3. South Africa 4. Japan 5. United States Which of the following countries are found in Africa? 1. Guyana 2. Morocco 3. Egypt 4. Pakistan 5. Niger
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 3. Which one of the following countries does not border the Pacific Ocean? 1. Australia 2. Venezuela 3. Japan 4. Mexico 5. Peru 4. Prague is the capital city of: 1. Uruguay 2. Czech Republic 3. Portugal 4. Tunisia 5. Hungary
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 3. Which one of the following countries does not border the Pacific Ocean? 1. Australia 2. Venezuela 3. Japan 4. Mexico 5. Peru 4. Prague is the capital city of: 1. Uruguay 2. Czech Republic 3. Portugal 4. Tunisia 5. Hungary
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 5. If transportation costs for getting your product from your market to Japan are high, which of the following countries might be good places to locate a manufacturing facility? 1. Thailand 2. Philippines 3. South Africa 4. Indonesia 5. Portugal 6. Seoul is the capital city of: 1. Vietnam 2. Cambodia 3. Malaysia 4. China 5. South Korea
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 5. If transportation costs for getting your product from your market to Japan are high, which of the following countries might be good places to locate a manufacturing facility? 1. Thailand 2. Philippines 3. South Africa 4. Indonesia 5. Portugal 6. Seoul is the capital city of: 1. Vietnam 2. Cambodia 3. Malaysia 4. China 5. South Korea
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 7. Turkey, Romania, Ukraine, and Russia border the body of water called The__________ Sea. 8. Thailand shares borders with: 1. Cambodia 2. Pakistan 3. Singapore 4. South Africa 5. Malaysia 6. Indonesia 9. Which of the following countries border no major ocean or sea? 1. Austria 2. Paraguay 3. Switzerland 4. Niger 5. all of the above
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 7. Turkey, Romania, Ukraine, and Russia border the body of water called The_Black_ Sea. 8. Thailand shares borders with: 1. Cambodia 2. Pakistan 3. Singapore 4. South Africa 5. Malaysia 6. Indonesia 9. Which of the following countries border no major ocean or sea? 1. Austria 2. Paraguay 3. Switzerland 4. Niger 5. all of the above
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 10. Oslo is the capital city of: 1. Germany 2. Canada 3. Brazil 4. Australia 5. Norway 11. Chile is located in: 1. Africa 2. Asia 3. the Northern Hemisphere 4. South America 5. Central Europe 12. The body of water located between Sweden and Estonia is the ________________ Sea.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 10. Oslo is the capital city of: 1. Germany 2. Canada 3. Brazil 4. Australia 5. Norway 11. Chile is located in: 1. Africa 2. Asia 3. the Northern Hemisphere 4. South America 5. Central Europe 12. The body of water located between Sweden and Estonia is the __Baltic___ Sea.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 13. Saudi Arabia shares borders with: 1. Jordan 2. Kuwait 3. Iraq 4. United Arab Emirates 5. All of the above 14. Which of the following countries are located on the Mediterranean Sea? 1. Italy 2. Croatia 3. Turkey 4. France 5. Portugal
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 13. Saudi Arabia shares borders with: 1. Jordan 2. Kuwait 3. Iraq 4. United Arab Emirates 5. All of the above 14. Which of the following countries are located on the Mediterranean Sea? 1. Italy 2. Croatia 3. Turkey 4. France 5. Portugal
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 15. The distance between Sydney (Australia) and Tokyo (Japan) is shorter than that between: 1. Tokyo and Cape Town (South Africa) 2. Sydney and Jakarta (Indonesia) 3. Sydney and Hong Kong (China) 4. Tokyo and London (England) 5. all of the above 16. Madrid is the capital city of 1. Madagascar 2. Italy 3. Mexico 4. Spain 5. United States
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 15. The distance between Sydney (Australia) and Tokyo (Japan) is shorter than that between: 1. Tokyo and Cape Town (South Africa) 2. Sydney and Jakarta (Indonesia) 3. Sydney and Hong Kong (China) 4. Tokyo and London (England) 5. all of the above 16. Madrid is the capital city of 1. Madagascar 2. Italy 3. Mexico 4. Spain 5. United States
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 17. Which of the following countries is not located in central Asia? 1. Afghanistan 2. Uzbekistan 3. Turkmenistan 4. Kazakhstan 5. Suriname 18. If you were shipping your products from your production facility in Pakistan to market in Australia, they would likely cross the ________________________ Ocean.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 17. Which of the following countries is not located in central Asia? 1. Afghanistan 2. Uzbekistan 3. Turkmenistan 4. Kazakhstan 5. Suriname 18. If you were shipping your products from your production facility in Pakistan to market in Australia, they would likely cross the ___Indian____ Ocean.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 19. Papua New Guinea, Guinea-Bissau, and Guinea are alternative names for the same country. a. TRUE b. FALSE 20. Which of the following countries are island nations? 1. New Zealand 2. Madagascar 3. Japan 4. Australia 5. all of the above
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© 2010 Dr. Emeric Solymossy - All Rights Reserved 19. Papua New Guinea, Guinea-Bissau, and Guinea are alternative names for the same country. a. TRUE b. FALSE 20. Which of the following countries are island nations? 1. New Zealand 2. Madagascar 3. Japan 4. Australia 5. all of the above
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© 2010 Dr. Emeric Solymossy - All Rights Reserved The GCI is based on 12 pillars of competitiveness, providing a comprehensive picture of the competitiveness landscape in countries around the world at all stages of development. The pillars include: Institutions, Infrastructure, Macroeconomic Stability, Health and Primary Education, Higher Education and Training, Goods Market Efficiency, Labour Market Efficiency, Financial Market Sophistication, Technological Readiness, Market Size, Business Sophistication and Innovation.
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© 2010 Dr. Emeric Solymossy - All Rights Reserved GCI = Technology, Public Institutions, Macroeconomics http://www.weforum.org/en/initiatives/gcp/Global%20Competitiveness%20Report/index.htm
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© 2010 Dr. Emeric Solymossy - All Rights Reserved The Most Competitive Nations
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Technologies That Influence International Business International Business Artificial Intelligence Biotechnology Satellites Automatic Translation Telephones Silicon Chips Supercomputers Internet Nanotechnology
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Business versus National Factors Concept of “Free Trade” Concept of Industrial Policy
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© 2010 Dr. Emeric Solymossy - All Rights Reserved Characteristics of Less Developed Countries Less Developed Countries Low GDP High international debt Slow (or negative) GDP growth per capita Large population High Unemployment Inexpensive unskilled or semi-skilled labor
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