I. COURSE DESCRIPTION
Multinational firms compete globally for markets and resources and develop global strategy to guide them. This course focuses on understanding how firm's create competitive advantage in the global arena, and how firms can implement strategy, and covers the concepts of strategic management from a global perspective. The course uses an international corporate simulation which requires students to develop a strategy to lead their own company and implement the strategy through tactics for operations, management, marketing, finance, logistics, and manufacturing. The simulation is an interactive competition between firms and includes random environmental factors which play a moderating role by impacting the performance of individual firms. Students are measured by a 6 dimensional scorecard estimating their performance in each area and their preparation for the future. Prerequisites: ACT 5809, ECN 5806, FIN 5805, FIN 5815, HRM 5824, INB 5821, INB 5827, MGT 5812, and MKT 5833.
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II. PREREQUISITES
(
GMP 5805
OR
FIN 5805
)
AND
(
GMP 5806
OR
ECN 5806
)
AND
(
GMP 5809
OR
ACT 5809
)
AND
(
GMP 5812
OR
MGT 5812
)
AND
(
GMP 5815
OR
FIN 5815
)
AND
(
GMP 5821
OR
INB 5821
)
AND
(
GMP 5824
OR
HRM 5824
)
AND
(
GMP 5827
OR
INB 5827
)
AND
(
GMP 5833
OR
MKT 5833
)
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III. LEARNING OUTCOMES
A. Entrance Competencies:All students must be able to: 1) Analyze and evaluate the economic goals of governmental bodies. 2) Have a basic understanding of the movement of goods and services between multinational companies, and the impact of governmental policy. 3) Understand the basic methods by which government uses macro-economic policy to effect economic growth and development. 4) Have an understanding of the historical background of governmental systems in diverse nations. 5) Use the tools learnt in the MIBA curriculum in prior courses, such as finance, management and marketing. B. Exit Competencies: Upon completion of this course, the student will have: 1) An understanding of the long term and short term implications for the firm of the policy alternatives available to nations and MNCs. 2) An understanding of world trade, market imperfections, and the emergence of governmental and quasi-governmental agencies that desire to affect international trade. 3) The ability to recognize the impact that large foreign investments has on the strategic planning and control functions of the nation state. 4) Awareness of the implications on global competitiveness of government actions to control and/or distort trade within its borders. 5) An appreciation of the economic forces impinging upon firms that conduct business on a global scale, and of competing strategies.
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IV. COURSE MATERIAL
- Required Materials
- Textbooks
International Simulation Game
Notes: An International Simulation Game will be required. Purchase information will be provided by your instructor on the first night of class.
Contemporary Strategy Analysis
- 6.Edition
- 2007
Robert M. Grant
Blackwell Business
ISBN: 9781405163095
APA Manual
Effective October 1st 2009, the 6th edition of the APA Manual is required for all courses.
NSU Bookstore
Textbooks and Case Studies may be purchased from the NSU Bookstore (located in the University Park Plaza) by calling 1-800-509-2665 or online at http://www.nsubooks.bkstore.com.
- Recommended Materials
None for this course.
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The NSU libraries comprise the Alvin Sherman Library, Research, and Information Technology Center, East Campus Branch Library, Health Professions Division Library, Law Library and Technology Center, North Miami Beach Branch Library, University School Library Media Centers, and the William S. Richardson Ocean Science Library. Students are strongly encouraged to visit one of the physical locations and/or take advantage of the vast electronic library available for research. For more information, please visit http://www.nova.edu/library.
Please note that all required and recommended materials should be referenced in APA style.
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