Course Objectives: |
The aim of this course is to give general information about the organizational structures, functions, activities and business environments of international businesses, to support the subject with case studies and as a result, to develop a perspective on international business in students.
Students are given the opportunity to experience the practical equivalent of theoretical knowledge by providing case studies from global companies. Through the discussions, it is ensured that they gain a critical point of view. |
Course Content: |
In summary, the course content is an introduction to the theory of international trade and factor mobility, the structures and characteristics of multinational business organizations, the emerging new economy and global foreign exchange markets, globalization, the socio-economic, political and cultural environment of international business, foreign investments, regional economic mergers, global strategy development, methods of entering foreign markets, global marketing, export and import processes, and global human resources management. |
Course Learning Outcomes (CLOs) are those describing the knowledge, skills and competencies that students are expected to achieve upon successful completion of the course. In this context, Course Learning Outcomes defined for this course unit are as follows:
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Knowledge
(Described as Theoritical and/or Factual Knowledge.)
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1) Defines the international businesses and gains ability to make comparisons with natinal companies.
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2) In addition to learning the system of doing business abroad with a solid understanding, students understand the unique problems and characteristics of international business organizations.
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3) Identifies the difference between a local and an international business.
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4) Defines government influence on international cooperation and agreements while learning the criteria for determining the most suitable foreign country to invest in.
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5) Defines the functions of multinational enterprises, reveals the difference with national enterprises.
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Skills
(Describe as Cognitive and/or Practical Skills.)
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1) Identifies the different types of commercial policies used to promote international business.
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Competences
(Described as "Ability of the learner to apply knowledge and skills autonomously with responsibility", "Learning to learn"," Communication and social" and "Field specific" competences.)
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1) Differentiates the various modes of market entry strategies, based on the product and/or service.
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Week |
Subject |
Materials Sharing * |
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Related Preparation |
Further Study |
1) |
Globalization and International Business |
Openning case study
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2) |
The Cultural, Political and Legal Environments Facing Business |
Reading Related Chapter of Texbook
Openning Case Study
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3) |
The Economic Environments Facing Businesses and Globalization and Society |
Reading Related Chapter of Texbook
Openning Case Study
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4) |
International Trade and Factor Mobility Theory |
Reading Related Chapter of Texbook
Openning Case Study
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5) |
Governmental Influence on Trade; Cross-National Cooperation and Agreements |
Reading Related Chapter of Texbook
Openning Case Study
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6) |
Global Foreign-Exchange Markets |
Reading Related Chapter of Texbook
Openning Case Study
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7) |
MIDTERM |
Repetition of the chapters in the textbook
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8) |
The Strategy of International Business |
Reading Related Chapter of Texbook
Openning Case Study
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9) |
Country Evaluation and Selection |
Reading Related Chapter of Texbook
Openning Case Study
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10) |
Export and Import; Direct Investment and Collaborative Strategies |
Reading Related Chapter of Texbook
Openning Case Study
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11) |
The Organization of International Business; Marketing Globally |
Reading Related Chapter of Texbook
Openning Case Study
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12) |
Global Operations and Supply-Chain Management; International Accounting and Finance Issues |
Reading Related Chapter of Texbook
Openning Case Study
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13) |
International Human Resource Management |
Reading Related Chapter of Texbook
Openning Case Study
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14) |
FINAL EXAM |
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Course Notes / Textbooks: |
• John D. Daniels, Lee H. Radebaugh, Daniel P. Sullivan, and Reid W. Click, International Business: Environments & Operations, 17th edition. Pearson Education (2021).
• Simon Collinson, Rajneesh Narula, Alan M. Rugman - International Business, 8th Edition-Pearson Education (2020).
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References: |
• John D. Daniels, Lee H. Radebaugh, Daniel P. Sullivan, and Reid W. Click, International Business: Environments & Operations, 17th edition. Pearson Education (2021).
• Simon Collinson, Rajneesh Narula, Alan M. Rugman - International Business, 8th Edition-Pearson Education (2020).
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(KPLOs and SPLOs are the abbreviations for Key & Sub- Programme Learning Outcomes, respectively. )
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Programme Learning Outcomes |
Contribution Level (from 1 to 5) |
1) |
Explains the theoretical information about the field of logistics management. |
5 |
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1.1 Defines logistics strategies. |
5 |
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1.2 Explains purchasing and procurement management and supplier relationship management. |
5 |
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1.3 Explains transportation types and transportation economics. |
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1.4 List the stock management processes. |
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1.5 Lists warehouse business processes, order management, material handling, packaging and labeling. |
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1.6 Recalls national and international legislation and regulations related to transportation. |
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1.7 Practices planning and operations management in transportation management. |
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1.8 Matches effectively the current information and communication technologies required by logistics management. |
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2) |
Evaluates the supply chain management philosophy. |
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2.1 Explains the supply chain strategies |
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2.2 Associates all logistics activities within the framework of cooperation in supply chain management. |
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2.3 Practices network design, planning and modeling in the supply chain. |
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2.4 Interprets the risk management and insurance issues in the supply chain. |
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3) |
Evaluates the basic functions required by business management and trade. |
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3.1 Defines strategic management and organization issues in businesses. |
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3.2 Explains the marketing activities of enterprises operating in the fields of production and service in national and international markets. |
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3.3 Evaluates financial and cost accounting issues in business management. |
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3.4 Interprets the knowledge in the field of economics at micro and macro level. |
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3.5 Lists the international trade processes. |
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3.6 Explains the processes related to customs procedures. |
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3.7 Recalls information about basic law and commercial law. |
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4) |
Applies the theoretical knowledge in business life during a semester. |
3 |
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4.1 Experiences all processes in business life. |
3 |
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4.2 Takes part in activities related to the field of education in a business operating in the field. |
3 |
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4.3 Questions the application with theoretical knowledge. |
4 |
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4.4 Compiles the knowledge and experience gained in the field. |
4 |
5) |
S/he acquires the competencies that develop by the expectations of business world and the society defined as the institutional outcomes of our university on the advanced level in relation with his/her field. |
4 |
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5.1 Acquires the analyzing solving the problems and managing the conflicts. |
4 |
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5.2 Participates as a team member and takes responsibility in the environments that require the solving of the conflicts and acts as a leader when necessary. |
3 |
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5.3 Has awareness for ethical and social responsivity. |
3 |
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5.4 By supporting the learnt courses with quantitative and qualitative data; and by using verbal and visual communication means, s/he transfers them to the groups within and outside his/her group in a systematical and effective way. |
4 |
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5.5 Evaluates the norms and standards present in the works in which s/he takes responsibility in a critical point of view. |
4 |
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5.6 Develops strategical, innovative and entrepreneurial ideas. |
4 |
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5.7 Acquires competence of managing the change. |
3 |
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5.8 Shows development personally and socially with and awareness for lifelong learning. |
4 |
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5.9 Follows advanced technologies and developments about digital transformation. |
3 |
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5.10 Has cultural awareness and s/he transfers this to the groups within and outside his/her field. |
3 |
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5.11 Has awareness about citizenship competency. |
3 |
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5.12 Acquires communication in a Foreign Language (English) competence defined on the level of at least B1 in European Language Portfolio. (In programs whose medium of instruction is English, on the level of B2/B2+). |
3 |
WORKLOAD OF TEACHING & LEARNING ACTIVITIES |
Teaching & Learning Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Course |
14 |
3 |
42 |
Laboratory |
0 |
0 |
0 |
Application |
0 |
0 |
0 |
Special Course Internship (Work Placement) |
0 |
0 |
0 |
Field Work |
0 |
0 |
0 |
Study Hours Out of Class |
12 |
1 |
12 |
Presentations / Seminar |
0 |
0 |
0 |
Project |
0 |
0 |
0 |
Homework Assignments |
12 |
1 |
12 |
Total Workload of Teaching & Learning Activities |
- |
- |
66 |
WORKLOAD OF ASSESMENT & EVALUATION ACTIVITIES |
Assesment & Evaluation Activities |
# of Activities per semester |
Duration (hour) |
Total Workload |
Quizzes |
2 |
3 |
6 |
Midterms |
1 |
4 |
4 |
Semester Final Exam |
1 |
6 |
6 |
Total Workload of Assesment & Evaluation Activities |
- |
- |
16 |
TOTAL WORKLOAD (Teaching & Learning + Assesment & Evaluation Activities) |
82 |
ECTS CREDITS OF THE COURSE (Total Workload/25.5 h) |
5 |