BUSMHR 3000: Advanced Topics in International Business

Fall 2014 Instructor: Prof. Tatiana Vashchilko Office: 250 Fisher Hall Email: vashchilko.1@osu.edu Class time & location: T/R 9:35-10:55AM Schoenbaum Hall 0230 Office hours: T/R 11:00-12:00pm or by appointment COURSE DESCRIPTION This course introduces students to the advanced topics in international business: transnational management, strategy formulation and implementation, entry and operations in international markets, organizational structures in international business, country evaluations and risk management. REQUIRED READINGS The format of this course is a mixture of lectures and business case discussions. You are expected to read the assigned material before each class and be prepared to actively participate in class discussion. Customized textbook BUSMHR 3000 Internat ional Business (print ISBN: 9781308268873) includes most of the required reading materials for this class (textbook chapters, articles, and cases). This customized textbook can be purchased either electronically or at the OSU bookstore at $95: https://create.mheducation.com/shop/#/catalog/details/?isbn=9781308268897 . RECOMMENDED READINGS Economist, New York Times, Wall Street Journal or/and something similar to have a grasp of contemporary changes in international business GRADE COMPONENTS* Case Assignment Case Report – 20%

Case Discussion – 10% A US Comparison Group Project Written Report – 20%

Presentation – 10% Online Quizzes 30% Participation 10% Total 100% * No extra credit is offered.

Prof. Tatiana Vashchilko Syllabus for BUSMHR3000 Advanced Topics in International Business 2

COURSE OUTLINE Week 1. What is Transnational Management? August 28 th: Review of the course material, assignments and policies. DUE: questions about the course material and the assignments based on syllabus Required Reading: Syllabus Week 2. Motivations, Means and Mentalities: Internal Forces for International Expansions September 2nd: Required Readings from the textbook (pp. 2-44): Chapter 1; Isenberg, D. J. The global entrepreneur; Ghemawat, P. Distance still matters; Perlmutter, Howard V. The Tortuous Evolution of the Multinational Corporation. September 4 th: Required Readings from the textbook (pp.45-53): Sher-Wood Hockey Sticks: Global Sourcing. DUE: List of your case team and preference order of the cases for the case report (submit electronically) Week 3: International Context and Business Strategy: External Forces and International Expansion September 9 th: Required Readings: Manyika, J., Bughin, J., Lund, S., Nottebohm, O., Poulter, D., Jaunch, S., Ramaswamy, S.. 2014. Global Flows in a Digital Age: How Trade, Finance, People, and Data Connect the World Economy. McKinsey Quarterly: April 2014. file:///C:/Users/Tani/Downloads/MGI_Global_flows_in_a_digial_age_Full_report.pdf Required Readings from the textbook (pp.56-71): Chapter 2. September 11 th: Required Readings from the textbook (pp.72-81): Global Wine War 2009: New World versus Old. DUE: List of your comparison group team (submit electronically) September 13 th: DUE: Online Quiz 1, submit online on CARMEN before 11:30pm Week 4: External Forces and International Expansion: Managing Risks September 16 th: Required Readings from the textbook (pp.90-136): Schneider, S. and J.L. Barsoux. Culture and Organization; Porter, M. E. Clusters and the new economics of competition; Bremmer, I. Managing risk in an unstable world; Bremmer, I. The New Rules of Globalization. Recommended Readings: Bremmer, I., Gordon, D. 2014. Top Risks in 2014. Eurasia Group Publishing. https://s3.amazonaws.com/Top_Risks_2014/Top+Risks+2014.pdf Li, Q., & Vashchilko, T. 2010. Dyadic military conflict, security alliances, and bilateral FDI flows. Journa l o f In t ernat iona l Bus iness Stud ie s , 41(5): 765–782. September 18 th: Required Readings from the textbook (pp.137-154): Coca-Cola: Back in Burma. Week 5: Institutional Voids and Business Strategy in Emerging Markets: Identifying and Exploiting Institutional Voids September 23 rd: Required Readings from the textbook (pp.169-184, 197-223, 237-271): Khanna, T., & Palepu, K. G. The Nature of Institutional Voids in Emerging Markets; Khanna, T., & Palepu, K. G. Spotting and Responding to Institutional Voids: Identifying Opportunities in Emerging Markets; Khanna, T., & Palepu, K. G. Exploiting Institutional Voids: How to Gain Competitive Advantage in Emerging Markets. September 25 th: Required Readings from the textbook (pp. 272-296): METRO Cash & Carry. DUE: Proposals for a US Comparison Group Project September 27 th: DUE: Online Quiz 2, submit online on CARMEN before 11:30pm Week 6: Developing Transnational Strategies September 30 th: Required Readings from the textbook (pp. 298-325): Chapter 3; Ghemawat, P. Managing Differences: The Central Challenge of Global Strategy.

Prof. Tatiana Vashchilko Syllabus for BUSMHR3000 Advanced Topics in International Business 3

October 2nd:Required Readings from the textbook (pp. 326-345): Globalization of CEMEX. Week 7: Transnational Strategies in Emerging Markets October 7 th: Required Readings from the textbook (pp. 350-372): Khanna, T., & Palepu, K. G. Introduction; Court, D., & Narasimhan, L. Capturing the world’s emerging middle class; Eyring, M. J., Johnson, M. W., & Nair, H. New Business Models in Emerging Markets. October 9 th: Required Readings: Poland’s New Golden Age: The Second Jagiellonian Age. 2014. Economist. http://www.economist.com/news/special-report/21604684-first-time-half-millennium-poland-thriving-says-vendeline-von-bredow Required Readings from the textbook (pp. 373-384): Infusion’s Greenfield Subsidiary in Poland. October 11 th:DUE: Online Quiz 3, submit online on CARMEN before 11:30pm Week 8: Developing Transnational Organization October 14 th: Required Readings from the textbook (pp. 386-427): Chapter 4; Bartlett, C. A., & Ghoshal, S. Matrix Management: Not a Structure, a Frame of Mind; Kumar, N., & Puranam, P. Have You Restructured For Global Success? Gibbs, T., Heywood, S., & Weiss, L. Organizing for an emerging world. October 15 th: Required Readings from the textbook (pp. 428--438): Kent Chemical: Organizing for International Growth. Week 9: Cross-Border Knowledge Management: Creating Competitive Advantage October 21 st: Required Readings from the textbook (pp. 440-483): Chapter 5; Immelt, J. R., Govindarajan, V., & Trimble, C. How GE Is Disrupting Itself; Kuemmerle, W. Building Effective R&D Capabilities Abroad; Hansen, M. T., & Nohria, N. How To Build Collaborative Advantage. Recommended Readings: Santos, J., Doz, Y., & Williamson, P. 2004. Is Your Innovation Process Global? MIT Sloan Management Rev i ew , Summer: 31–37; Campbell, A. 2010. How GE Is Disrupting Itself Interaction. Harvard Bus ines s Rev i ew , January-February: 16–17. October 23 rd: Required Readings from the textbook (pp. 484-493): Applied Research Technologies, Inc.: Global Innovation’s Challenges. October 25 th:DUE: Online Quiz 4, submit online on CARMEN before 11:30pm Week 10: Managing Across Corporate Boundaries: Cross-border Collaborative Strategies October 28 th: Required Readings from the textbook (pp. 496-537): Chapter 6; Beamish, Paul W. The Design and Management of International Joint Ventures; Wassmer, U., Dussauge, P., & Planellas, M. How to Manage Alliances Better Than One at a Time. Recommended Readings: Young, M. N., Ahlstrom, D., Bruton, G. D., & Rubanik, Y. 2011. What do firms from transition economies want from their strategic alliance partners? Business Hor izons , 54(2): 163–174. October 30 th: Required Readings from the textbook (pp. 538-551): Ethiopian Airlines: Bringing Africa Together. Week 11: Managing Across Corporate Boundaries: Cross-border Collaborative Strategies and Implementing Strategy Nov 4 th: Required Readings from the textbook (pp. 552-564): Sharp Corporation: Beyond Japan. Implementing the Strategy: Building Multidimensional Capability Nov 6 th: Required Readings from the textbook (pp. 566-604): Chapter 7; Birkinshaw, J., Bouquet, C., & Ambos, T. C. Managing Executive Attention in the Global Company; Bartlett, C. A., & Ghostal, S. 1986. Tap Your Subsidiaries for Global Reach; Lash, R. The Collaboration Imperative. Nov 8 th: DUE: Online Quiz 5, submit online on CARMEN before 11:30pm Week 12: Implementing the Strategy: Building Multidimensional Capability Nov 11 th: NO CLASSESS (VETERANS DAY)

Prof. Tatiana Vashchilko Syllabus for BUSMHR3000 Advanced Topics in International Business 4

Nov 13 th: Required Readings from the textbook (pp. 605-615): Levendary Café: The China Challenge. Week 13: An Evolving Global Role of the Transnational: Future of MNEs Nov 18 th: Required Readings from the textbook (pp. 618-652): Chapter 8; Paine, L. S., Deshpande, R., & Margolis, J. D. A Global Leader's Guide to Managing Business Conduct; Prahalad, C. K., & Hammond, A. Serving the World's Poor, Profitably. Nov 20 th: Required Readings from the textbook (pp. 653-664): Barrick Gold Corporation - Tanzania. Week 14: Review of the Advanced Topics in International Business Nov 25 th: Review session. Come with questions about topics covered in class, about US Comparison Groups project presentations, and various career paths in international business DUE: A US Comparison Group Project Report (in paper and electronic format) Nov 27 th: NO CLASSESS (THANKSGIVING BREAK) Nov 29 th: DUE: Online Quiz 6, submit online on CARMEN before 11:30pm Week 15: Presentations of a US Comparison Group Project Dec 2nd and Dec 4 th: DUE: peer evaluations of presentations (have to be submitted individually after each presentation) Week 16: Presentations of a US Comparison Group Project Dec 9 th: DUE: peer evaluations of presentations (have to be submitted individually after each presentation)

COURSE POLICIES Online Quizzes (30%): There are 6 online quizzes, however, only 5 out of 6 online quizzes with the maximum scores will be counted toward your grade. 5 quizzes will account for 30% of your final grade. Each online quiz has 12 questions focusing only on the material from the last online quiz to the date of the current online quiz. You will have 40 minutes to complete your online quiz. All online quizzes are available on Carmen in the beginning of the semester. Each online quiz has to be completed before the due date indicated in the Course Outline. You can work with other students on online quizzes, but each student has to submit his/her answers separately via Carmen. The answers to each quiz will be available on Carmen next day. There are no make-ups for the online quizzes. Case Assignment (Case Report And Case Discussion, 30%): You will have two case assignments in this course and you will work in a team to complete the two case assignments. Each case assignment includes a case report and a case discussion. Case teams will be determined during the first two weeks, and will include 2-4 people. Case Repor t (20%): The case reports will represent 20% of your grade (10% for the first case assignment report and 10% for the second case assignment report). For each of the two case assignments, each case team will write up a case report. During the semester, each team will submit two case reports (in electronic format):

• The reports are due by 6pm (in electronic format) the day before class, in which we discuss the corresponding case as it is specified in the Course Outline. NO LATE REPORTS ARE ACCEPTED.

• Each case report should be type-written, 1.5 line-spaced, using 12-point size font, and should not exceed 2 pages (excluding cover page, tables, figures, appendices, references, and endnotes).

• All exhibits should be professionally labeled. • The cover page should provide the complete name of the case team members (in

alphabetical order), and student ID number.

Prof. Tatiana Vashchilko Syllabus for BUSMHR3000 Advanced Topics in International Business 5

Case Discuss ion (10%): Each case team will lead their case discussions, which is 10% of the grade (5% for the first case assignment discussion and 5% for the second case assignment discussion). The case discussion participation will be graded on an individual rather than team basis (team members can receive different grades for their participation in case discussions). All students are encouraged to participate in case discussions (e.g., answer assigned and related questions, comment on case issues), which contributes to participation component of a course grade. Only meaningful contributions to the discussion will be graded. A US Comparison Group Project (Group Report and Group Presentation, 30%) A US Compar i son Group Pro j e c t Repor t (20%) : The Report for the group project will represent 20% of your final grade. Groups will be determined during the first two weeks. Each group will select a business or not-for-profit. The report will include a comparative study of that organization operating in the US and another country. Each group will submit a proposal in week 5 (Thursday, September 25th). Once approved (by October 2nd), the group may commence. The proposal will include:

• Group members • Company or organization to be studied • International market to be studied • Challenge or opportunity to be studied

Each group should submit one group report at the end of the semester, on November 25th (in both, electronic and paper formats):

• The group project report should be type written, 1.5 line-spaced, using 12-point size font, and should not exceed 20 pages (excluding cover page, tables, figures, appendices, references, and endnotes).

• The cover page should provide the complete names of the group members (in alphabetical order), and their student ID numbers.

• No late reports are accepted. • The report should include:

o Executive Summary o Table of Contents o Analysis of the organization including the markets it operates in and environmental

analysis o Comparison of the US Market to the selected international market. This will include,

but is not limited to policies, currencies, government structures, membership in regional and other international institutions affecting company’s strategies, etc.

o A recommendation on how to operate effectively in both markets. A US Compar i son Group Pro j e c t Pres en ta t ion (10%): The group presentation will represent 10% of your final grade. Not all members of the group are required to present, but the grade achieved will be earned by all. The presentations will be in class and student groups are expected to provide a copy of the slides in paper and electronic form at the beginning of class. The final timing of each presentation will be reviewed in class. The students will be required to evaluate other groups’ presentations as part of their participation grade (the evaluation rubric will be provided before the presentations). Participation (10%): I will not take attendance; however, it is important to attend every class, since the class material goes beyond the required readings and can facilitate the understanding of the subject matter. Not to mention, participation in classes counts toward 10% of your grade, or 10 points. 6 participation points will come from your participation via meaningful comments, answering questions, and other substantive contributions in 12 case discussions (contribution during each case discussion is worth 0.5 points), and 4 participation points will come from the peer evaluations of the presentations at the end of the semester. There are no make-ups for participation.

Prof. Tatiana Vashchilko Syllabus for BUSMHR3000 Advanced Topics in International Business 6

Grades and Grading Scale: I will not hesitate to give a poor grade, if your performance indicates that you have not learned the material, but I want everyone in this class to do well. Grades will be assigned according to the following OSU scale: Total Number of Points Letter Grade 93-100 A 90-92.99 A- 87-89.99 B+ 83-86.99 B 80-82.99 B- 77-79.99 C+ 73-76.99 C 70-72.99 C- 67-69.99 D+ 60-66.99 D <60 E

DISABILITY ACCESS

“The Ohio State University collaborates with and empowers students who have disabilities in order to coordinate support services and programs that enable equal access to an education and university life” (The Office for Disability Services, http://www.ods.ohio-state.edu/). Please, let me know as soon as possible, if you need any type of accommodation in this course, so we can coordinate the provision of such accommodations with the Office for Disability Services (150 Pomerene Hall, 614-292-3307), or contact the Office for Disability Services. I am here to help!

VALID EXCUSES During the course you might encounter possible situations that could lead you to miss classes and exams due to family emergencies, illness, injuries, etc. This is your responsibility to provide verifiable documentation about your absence.

ACADEMIC INTEGRITY Ohio State University Academic Integrity Statement: “Academic integrity is essential to maintaining an environment that fosters excellence in teaching, research, and other educational and scholarly activities. Thus, students are expected to complete all academic and scholarly assignments with fairness and honesty. The following suggestions will help you preserve academic integrity by avoiding situations where you might be tempted to cheat or you might be perceived to be cheating” (p. 1, Committee on Academic Misconduct (COAM)’s Ten Suggestions for Preserving Academic Integrity, http://oaa.osu.edu/assets/files/coam/COAM-10-suggestions-for-academic-integrity.pdf). Code of Student Conduct defines academic misconduct as “any activity that tends to compromise the academic integrity of the university or subvert the educational process” (pp.2-3, Code of Student Conduct, http://studentaffairs.osu.edu/csc/). “The term [academic misconduct] encompasses a wider scope of student behaviors which include, but are not limited to, the following: violation of course rules; violation of program regulations; knowingly providing or receiving information during a course exam or program assignment; possession and/or use of unauthorized materials during a course exam or program assignment…” (Office of Academic Affairs, Committee on Academic Misconduct (COAM)’s Frequently Asked Questions, http://oaa.osu.edu/coamfaqs.html).