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Master Syllabus

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Administrative Unit: Business Administration Department
Course Prefix and Number: MGMT 338
Course Title: International Business
Number of:
Credit Hours 3
Lecture Hours 3
Lab Hours 0
Catalog Description: Exploration of the challenges involved in multinational and international business. Prerequisites: Junior standing, MGMT 330. Course meets Multicultural graduation requirement.
Prerequisite(s) / Corequisite(s): Junior standing, MGMT 330.
Course Rotation for Day Program: Offered Fall and Spring.
Text(s): Most current editions of the following:

International Business
By Wild & Wild (Prentice Hall)
Cases and Exercises in International Business
By Rarick (Prentice Hall)
Global Business - Student Edition
By Peng ( Cengage)
Course Objectives

  • To understand various economic theories of international trade and investment.
  • To understand the complexities of the international monetary system and balance of payments.
  • To understand the mechanics of doing business abroad.
  • To understand the importance of cultural, economic, environmental, legal, political and sociological differences between countries.
  • To understand how they affect the success or failure of U.S. business operations abroad.

    Measurable Learning

  • Apply various economic theories of international trade and investment.
  • Evaluate the complexities of the international monetary system and balance of payments.
  • Evaluate the strategies of establishing an international business abroad, including explaining the advantages and disadvantages of various methods of trade ranging from exporting, joint ventures, strategic alliances, mergers, and acquisitions, etc.
  • Evaluate the importance of sociocultural, economic, environmental, technological, political/legal factors between countries and how they affect success or failure of U.S. business operations abroad.
  • Describe and explain the differences between Industrial Countries (IC), Newly Industrialized Countries (NIC), and Less Developed Countries (LDC) and the impact on their national infrastructures from foreign business investments or business ownership.
  • Identify the impact on changes within the foreign currency exchange rates and economic conditions.
  • Identify the factors that influence the organizational structure of U.S. based businesses and their expansion into foreign countries.
  • Identify the strategic factors that must be considered when dealing with home, host, and third-country nationals.

    Topical Outline:

    Every Business Administration course includes a written and oral presentation component.

  • Course introduction
  • The world’s marketplaces: North America, Western Europe, Eastern and Central Europe, Africa and the Middle East, South America, Asia
  • Legal, technical and political forces
  • The role of culture
  • International trade and investment theory
  • The international monetary system and the balance of payments
  • Foreign exchange and international financial markets
  • Formulation of national trade theories
  • International cooperation among nations
  • International strategic management
  • Strategies for analyzing and entering foreign markets
  • International strategic alliances
  • International organization design and control
  • Leadership and employee behavior in international business


    Recommended maximum class size for this course: 30

    Library Resources:

    Online databases are available at You may access them from off-campus using your CougarTrack login and password when prompted.

    Prepared by: Tim Ireland Date: April 16, 2013
    NOTE: The intention of this master course syllabus is to provide an outline of the contents of this course, as specified by the faculty of Columbia College, regardless of who teaches the course, when it is taught, or where it is taught. Faculty members teaching this course for Columbia College are expected to facilitate learning pursuant to the course objectives and cover the subjects listed in the topical outline. However, instructors are also encouraged to cover additional topics of interest so long as those topics are relevant to the course's subject. The master syllabus is, therefore, prescriptive in nature but also allows for a diversity of individual approaches to course material.

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