So International Business as a field of study has ethical implication of more complex kind than what a business enterprise confined to a specific country has. In order to conduct business in an international context special care has to be taken about the value systems of both the home and host country. One has to be extra careful about prevailing moral standard of different geographical regions.
This course aims to discuss some basic concepts of international business and will critically examine the cultural environment of international business. It will sensitize the students to different dimensions of culture and culture specific value system. This course will help students to properly handle the ethical issues and formulate moral standards, which are rationally acceptable across the cultures.
2. Student Learning Outcomes
At the end of the course, students should:
· Be able to critically examine the cultural environment of international business · Be able to understand different dimensions of culture and culture specific value system · Be able to apply ethical reasoning and critical analysis to real-world scenarios, and · Be able to properly handle the ethical issues and formulate moral standards, which are rationally acceptable across the cultures
3. Pedagogy
The course will be carried out using real life cases on companies and important concept based readings along with regular classroom discussions and lectures. The students would also be assigned cases and/or articles which they will need to analyse in detail in teams. Evaluation of the Team project will be based on the presentations made by the Team in the class and the reports submitted. Throughout this course, students will need to continuously analyze and prepare the given cases and readings. Their level of understanding will be evaluated on the basis of quizzes, constructive class participation, presentations and examination.
Business
1. Participation (20% of grade)
Besides regular and timely attendance, evaluation on this component will be based on both the quantity and the quality of the student’s contributions and insights (with the latter being weighed more heavily). Quality comments would be assessed on the following attributed:
¨ Class Participation 20% ¨ Quizzes 20% ¨ Team project 20% ¨ Final Term 40%