Global Business

Global Business 2014

Outline

Wk1 Intro

Wk 2 Globalization & Japan’s Foreign Trade

Wk3 Cultural differences

Wk4 Culture and Consumer Behavior

Wk 5 Culture and Consumer Behavior

-Wk6  Entry methods

-Wk7 Negotiations

Wk8 Country presentations

Wk9 Country presentations

Wk10 Country presentations

Wk11 Country presentations

Wk12 Country presentations

Wk13 Country presentations

Wk14 Country presentations

Wk15 Exam

Guest Speakers: TBD

Grading

Country Presentation 30%

Company Report 30%

Attendance & Participation 10%

Exam 20%

Country Presentations (30~45 minutes)

Section 1- Introduce the country

• Country fast facts (Demographics, fun facts, etc.)
• Advantages of doing business in the country (government incentives, ease of doing business etc.)   http://www.doingbusiness.org/rankings
• Communication behavior, manners, etiquette, customs rules
• Recent trends
• Active Japanese companies in the country and their investments

Section 2- Import/Export an item (1000 units)

• Decide what to a) import from b) export to the country
• Find a high quality/good price product and reliable producers on the internet (e.g. http://www.alibaba.com/)
• Decide how you will ship the cargo, calculate the cost, timing etc.
• List the procedures for customs, tariffs, etc.
• (To find out about procedures, contact with a) JETRO b)trading company c) customs d) internet search )

Sample:

This sample has the country presentation that is shorter than expected but the import/export slides are OK. Country presentations should be uploaded to Facebook on the day of the presentation.

Company Report

Interview with an employee(s) of a company engaged in substantial foreign trade. Write a 2-page summary about

-Their operations

-The problems they experience

-Recent trends (e.g. how the Yen’s value, earthquake, oil, competitors from Asia, etc. impact their business)

-Their advice to students who want to get a career in global business

Assignments & Due Dates

All of the assignments have to be submitted online (via Facebook) before our weekly meetings.

Week 2

Please watch the 45-minute video of NYTimes Best seller Thomas Friedman here https://www.youtube.com/watch?v=5uYj5YAnE5U (you don't have to watch the first 7 minutes where he’s been introduced and the last 20 minutes: the Q & A session)

a) What are Globalization 1.0, 2.0 and 3.0? Please summarize his speech with 1 paragraph. Additionally, write a paragraph or two about the examples the author provided which made him think the world is flat.