© 2010 Dr. Emeric Solymossy - All Rights Reserved International Management.

© 2010Dr. Emeric Solymossy - All Rights Reserved

International ManagementInternational Management


IntroductionIntroduction

Emeric Solymossy “Dr. E”

Availability / AccessibilityOffice 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


Course IntroductionCourse IntroductionCourse Material

Syllabus Posted on-line (http://faculty.wiu.edu/E-Solymossy)

Text Book Text Book (on Reserve in Library)(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 7th 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

http://faculty.wiu.edu/E-Solymossy

http://faculty.wiu.edu/E-Solymossy/IM2010s.htm


Principle TopicsPrinciple TopicsCulture (National and Organizational)

Meanings and dimensionsSituation Analysis Framework

STEPEntry Strategies & Structures

LogisticsHarmonized Code System

International OperationsComparative analysis


Learning MethodologyLearning MethodologyLecturesCase Studies VideosSimulations


AssignmentsAssignments 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)


GradingGrading100 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 points A801 through 900 points B701 through 800 points C601 through 700 points D

600 or less points F


Global ExposureGlobal 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.


1. Which of the following countries border the Atlantic Ocean?

1. Bolivia 2. Australia 3. South Africa4. Japan5. United States

Which of the following countries are found in Africa?

1. Guyana 2. Morocco 3. Egypt4. Pakistan5. Niger


1. Which of the following countries border the Atlantic Ocean?

1. Bolivia 2. Australia 3. South Africa4. Japan5. United States

Which of the following countries are found in Africa?

1. Guyana 2. Morocco 3. Egypt4. Pakistan5. Niger


3. Which one of the following countries does not border the Pacific Ocean?

1. Australia 2. Venezuela 3. Japan 4. Mexico5. Peru

4. Prague is the capital city of: 1. Uruguay2. Czech Republic 3. Portugal 4. Tunisia5. Hungary


3. Which one of the following countries does not border the Pacific Ocean?

1. Australia 2. Venezuela 3. Japan 4. Mexico5. Peru

4. Prague is the capital city of: 1. Uruguay2. Czech Republic 3. Portugal 4. Tunisia5. Hungary


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. Indonesia5. Portugal

6. Seoul is the capital city of:1. Vietnam 2. Cambodia 3. Malaysia 4. China5. South Korea


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. Indonesia5. Portugal

6. Seoul is the capital city of:1. Vietnam 2. Cambodia 3. Malaysia 4. China5. South Korea


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. Malaysia6. Indonesia

9. Which of the following countries border no major ocean or sea?

1. Austria2. Paraguay 3. Switzerland 4. Niger5. all of the above


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. Malaysia6. Indonesia

9. Which of the following countries border no major ocean or sea?

1. Austria2. Paraguay 3. Switzerland 4. Niger5. all of the above


10. Oslo is the capital city of: 1. Germany 2. Canada3. Brazil 4. Australia5. Norway

11. Chile is located in:1. Africa 2. Asia 3. the Northern Hemisphere 4. South America5. Central Europe

12. The body of water located between Sweden and Estonia is the ________________ Sea.


10. Oslo is the capital city of: 1. Germany 2. Canada3. Brazil 4. Australia5. Norway

11. Chile is located in:1. Africa 2. Asia 3. the Northern Hemisphere 4. South America5. Central Europe

12. The body of water located between Sweden and Estonia is the __Baltic___ Sea.


13. Saudi Arabia shares borders with:1. Jordan2. Kuwait3. Iraq 4. United Arab Emirates5. All of the above

14. Which of the following countries are located on the Mediterranean Sea?

1. Italy2. Croatia 3. Turkey 4. France 5. Portugal


13. Saudi Arabia shares borders with:1. Jordan2. Kuwait3. Iraq 4. United Arab Emirates5. All of the above

14. Which of the following countries are located on the Mediterranean Sea?

1. Italy2. Croatia 3. Turkey 4. France 5. Portugal


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


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


17. Which of the following countries is not located in central Asia?

1. Afghanistan 2. Uzbekistan 3. Turkmenistan 4. Kazakhstan5. Suriname

18. If you were shipping your products from your production facility in Pakistan to market in Australia, they would likely cross the ________________________ Ocean.


17. Which of the following countries is not located in central Asia?

1. Afghanistan 2. Uzbekistan 3. Turkmenistan 4. Kazakhstan5. 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.


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. Australia5. all of the above


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. Australia5. all of the above


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.


GCI = Technology, Public Institutions, Macroeconomics

http://www.weforum.org/en/initiatives/gcp/Global%20Competitiveness%20Report/index.htm

http://www.weforum.org/en/initiatives/gcp/Global%20Competitiveness%20Report/index.htm


The Most Competitive NationsThe Most Competitive Nations

1 US 2 Switzerland 3 Denmark 4 Sweden 5 Singapore 6 Finland 7 Germany 8 Netherlands 9 Japan

10 Canada Score


Technologies That Influence Technologies That Influence International BusinessInternational Business

InternationalBusiness

ArtificialIntelligence

Biotechnology

Satellites

AutomaticTranslationTelephones

Silicon Chips

Supercomputers

Internet

Nanotechnology


Business versus National FactorsBusiness versus National Factors

Concept of “Free Trade”

Concept of Industrial Policy


Characteristics of Characteristics of Less Developed CountriesLess Developed Countries

LessDevelopedCountries

LowGDP

Highinternational

debt

Slow (ornegative) GDP

growth percapita

Largepopulation

HighUnemployment

Inexpensiveunskilled orsemi-skilled

labor

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