MGTC44
May-July 2013
Int'l Business Management A 3rd year undergraduate course at University of Toronto at Scarborough Mon evenings, official time 7:00 pm - 9:00 pm room 200 in the new instructional bldg Prof. W. Tim G. Richardson
CONTACT
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bb | video
- "Read the newspaper"
Critical to success in this course is keeping up with current events, either by watching the news on TV, or reading the National Post, Globe or Star |
Section A | Section B | Section C | Section D | Section E | |
intro video to the course ----------------------------- Introduction to Int'l Business for May 6 - re-read on your own thoroughly ; YouTube video Basics of Int'l Biz - Cda/USA/Japan/China did not discuss in class, read on your own ---------------------------- Top Cdn companies ---------------------------- 6 Environments mentioned May 7 for class May 14 o competitive o economic o political / regulatory o social / cultural o technology o geographic ----------------------------- - 6 E's effect on branding (read on your own) May 14 ------------------------------ Physical/Geographic Environment for class May 14 ----------------------------- Weather extremes for May 14 showed video May 7th ----------------------------- Chpt 3 Text Cultural
environment
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- mother
tongue marketing
you can make your own contributions - translations for class May 28 ----------------------------- Political Environment Chpt 6 Text o Gov't Influence on Trade did May 28 - tariffs did May 28 - dumping did May 28 - subsidies did May 28 . Political Environment Political risk June 11 Contingency planning June 11
Big
Macs
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NGOs: the WTO
for June 18 WTGR on CBC re: WTO tOECD for June 18 ----------------------------- Chpt 8 Text Regional Economic Integration oNAFTAfor oCAN-US relations for June 18 . YouTube video by students watch, and make comments through YouTube oCAN-US
stuff
Exchange Rate
o
pegged currencies
Int'l
Finance
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Pro-Active / Re-Active
Reasons for going internationaldid Jun 25 ------------------------------- Chpt 11 Text Chpt 12 Text Country Evaluation and Selection - weighing variables did Jun 25 ------------------------------ sources of info on discussed May 28 - governments - associations video added May 29 and - corporate webpages video added May 30 ------------------------------- CollaborativeRelationships did Jun 25 see the YouTube Video did Jun 25 o licensing o franchising o mgmnt contracts o turnkey ops o joint ventures o equity alliances o consortiums ------------------------------- Ways to enter foreign mkts for June ------------------------------ Chpt 13 Text Export / Import Strategies - intl mrkt entry modes ------------------------------- Case Study Heineken for July 09 -------------------------------
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Freight Forwarders
ExportFinancing July 09 CdnGovt - DFAIT, - CIDA - EDC, - CCC - PEMDs ------------------------------- Trading companies - keiretsu - sogoshosha (not discussed in July 2011) -------------------------------- Countertrade Barter Chpt 13 Text -------------------------------- oIntranets/Extranets 4 IB oKaizen ................... oJust In Time (J.I.T.) . oTQM Total Quality Management WTGR on CTV News discussing recalls and quality management (also discussed in MGTC46) ------------------------------- class participation mark calculations explained ------------------------------- July
30th
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UTSC
calendar dates
May 6 Monday 2013 May 13 May 20 Holiday - no class
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May
27
June 3 TEST 1 7:15 - 8:15 pm June 10 Alan Bell cannot be here for June 2012 but come to the class anyways, we will discuss these topics and you'll need to know this for the mid-term)
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June
17
June 24 |
June 24
July 1 HOLIDAY - no class July 8
STUDY TIPS - if you come early, you can start early |
July
22
July 29 Aug 5 HOLIDAY - no class 2011 Project DETAILs (same in 2012) sample project presentation from Aug 2008 youtube.com...GCY4W9FYFcM |
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CONTACT I MAIN PAGE I NEWS GALLERY I E-BIZ SHORTCUTS I INT'L BIZ SHORTCUTS I MKTG?BUSINESS SHORTCUTS I TEACHING SCHEDULE |
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MISTAKES ITEXTS USED I IMAGES I RANK IDISCLAIMER I STUDENT CONTRIBUTORS I FORMER STUDENTS I PUBLICATIONS I TIPS I | |
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Sometimes when you teach
a subject that includes topics like contingency planning, you gotta "represent"
that you apply the theory you are teaching.
Probably the biggest part of contingency planning is having a calm cool attitude and reacting to an unusual situation with some imagination and thinking "outside" the box - like,, literally outside. It is important that when you have a situation that changes your plan, you think about alternatives, and don't give up right away.
When the power went off in the new IC Instructional Centre at UofT Scarborough Campus Monday night (2012 June 4th) all the other profs walked out of their 7pm classes and told their students class was cancelled. Actually, the power went out at 6:40 pm - no "authorities" showed up til 5 minutes to 8pm so nobody knew "nuthing 'bout nothing". Rather than waste the class, I said let's do our test outside on the patio
So,
the following week I told them I was very proud of how they did, and how
they responded to the situation, and brought pizza as a reward cause it
was a bit cold out on that patio, they stuck it out til the rain began
to drizzle around 8:35, am very proud of all of them
WTGR |
Prof. Tim Richardson with
the Hon. Peter Van Sloan federal Minister of International Trade 2010 Oct 4th
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WTGR
updated
2010 Nov 23
- everything
can be a "teachable point"
- hopefully, I'll get home.... go here to see other pics
from Korea
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BTW, Friday Feb 26th, 2010, Richardson was interviewed live on air for the BNN Business News Network for a segment discussing Toyota and the testimony given by President Toyoda regarding the accelerator pedal problems. Richardson spoke as the former Exec.Dir. of the Canada-Japan Trade Council and explained the problem, The clip is available online at http://watch.bnn.ca/#clip270260 |
Mr. Alan Bell with the class of MGTC44 Jan 27th 2010 at University of Toronto (UTSC) - holding the UofT shirt we presented to him |
internationalbusiness/speech2008.htm
One
of the biggest challenges to international business managers in 2008/early
2009 is dealing with rising gas prices.
As
a result of the high increases, there have been more "serious" attempts
to look for alternatives, including corn-based ethanol.
Ethanol
has become an "issue" since some say we should
use corn for food, cause so many people in the world need food, and deal
with the gas problem buy cutting back. Others say we can't cut back, we
need alternatives from petroleum, and ethanol is a legit alternative.
Gerry
Malloy wrote an article about this in the Toronto Star Sept 23rd, it is
well worth ready
http://www.thestar.com/Business/article/503851
This
issue also serves as a good example of an international business situation
influenced by several environments
- see http://www.sunrisesunset.com/
and the Canadian govt source www.hia-iha.nrc-cnrc.gc.ca/sunrise_e.html
c
(link checked 2008 Apr) |
a site you should regularly
visit for MGTC44
and, if you want contact info for a fed gov employee http://direct.srv.gc.ca/cgi-bin/direct500/ and
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http://www.dfait-maeci.gc.ca/canadexport/menu-en.asp
strongly recommended you read the top stories from CanadExport once a month see also www.exportsource.ca/gol/exportsource/site.nsf/en/index.html (link checked 2007 Nov) |
tel: 416-287-7034
rings in the part-time office - if I'm there, please come by
- usually I'm there before
class begins (especially the days we hand tests back)
also call: 416-491-5050 ext
7534
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summer
school
o May - August 2013 scheduled o May - August 2012 o May - August 2011 o May - August 2010 o May - August 2009 o May - August 2008 o May - August 2007 |
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course text 2009
Global Business Today,
2nd Ed.
ISBN-10: 0-07-098411-5
http://highered.mcgraw-hill.com/sites/0070984115/information_center_view0/
Every Student
should read U of T's policy on Cheating and Plagiarism.
Cheating and Plagiarism are serious offences. www.sa.utoronto.ca/handbook.php?cid=1?sid=2. see also Code of Student Conduct www.utoronto.ca/govcncl/pap/policies/studentc.html Code of Academic Behaviour http://www.utm.utoronto.ca/~w3reg/calendar2002-2003/codes_academic_behaviour.html |
2009 December
Received an email from Germany - former MGTC44 student Dan L. provided an update on his work at Porsche. Dan says
The video "testimonial" was
made during a visit Dan made to the C44 class the semester after he took
the course - the video is Dan speaking in German, about the course
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Dan
added
"Not only that Porsche made use of Japanese Management concepts like Kaizen, J.I.T. and TQM in the early 90's (which helped them to successfully turn around the company and make it the world's most profitable automobile manufacturer), it is also heavily involved in International Business (with the U.S. and Middle East being their largest markets)." "Besides
the great classroom experience, your course turned out to be very useful
in practical work and helped me e.g. to develop risk assessments of the
international automobile industry.
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An
email I received in June 2008 from a MGTC44 student
Hi Professor Richardson, thank you very much for demonstrating the importance of reading the newspaper. I was recently offered a coop work term and was asked about trends in the Ontario electricity markets and was able to stand out among other candidates because i read the newspaper and was able to provide a current analysis. Once again thank you very much. Dave S. WTGR replies, thanks Dave, I'll use your note to bug current students to read the newspaper regularly, I firmly believe reading a major newspaper, of whatever country you live in, 3 or 4 times a week, is highly valuable for work reasons and personal reasons - journalists are able to be more analytical in several paragraphs compared to TV which is just short meaningless sound clips. |
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An
email I received in January 2006 from a former T.A. and MGTC44 student
Hi Professor Richardson, Now that I've been working for a few years now, and have had the benefit of visiting Europe and Asia in my travels, I just want to send you a note to let you know how insightful your class was in helping me to see opportunities in our new, global economy. Visiting Shanghai as a tourist, compared to taking in the city with an eye for business and the dynamics that go on in the background between multi-nationals and governments, and to see how that impacts the economic lives of people on both sides of the Pacific is starkly different. Your International business class helped me to strip away the neon lights of Nanjing Road, and see it for what it really is, the combination of commerce and culture that is shifting the playing field and rules of business by which we are governed. This new economic reality hit me with great impact, but having learned the pieces and hearing your anecdotes in class, helped me to better decode and refocus the picture. More and more it is becoming evident to me that, not just companies, but business people like you and me have to realize that to you have to go global, or risk not going at all. |
pic
supplied by Paul
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My
eyes have only fully opened to this reality now, while you had this revelation
years ago...but your classes allow people like me to be better prepared
for it, to take advantage of it, and to find the resources and assistance,
when I finally take that international step.
So,
just wanted to send you a note to let you know how impactful and educational
your class was for me. It was one course, but it was one that equips
its students with the building blocks for career building in the new, international
economy. For your knowledge and sharing, as well for your mentorship
and friendship, I thank you.
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An
email I received in February 2007
Alicia, (in 3rd yr Feb 2007) was in MGT C44, Int'l Business in Sept-Dec 2006 has been selected to go to Japan in Sept 2007 to study at Keio University Hi
Prof. Richardson,
Alicia is also involved in
www.aiesec.org, the world's largest
student organization and serves as
FYI AIESEC is a French acronym for "Association Internationale des Etudiants en Sciences Economiques et Commerciales"
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pic
supplied by Alicia
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An
email I received in July 2005
"Hi Professor Richardson, I took your International Business class at U of T from Jan -Apr 2003. I remember you saying in class one day that you like it when students keep in touch with you and I remembered your class a couple of weeks ago as I was telling a colleague that it was probably one of the best classes I took at UTSC. Anyways, I just wanted to say hello and let you know that you really do teach a wonderful class and I hope everything is well with you. I
just finished my first year of law school at U of T. I am directing
my studies towards an international perspective but haven't quite narrowed
it down yet. Your class definately opened my eyes and sparked my
interest in international studies. Thanks for a wonderful semester!
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pic
supplied by Darshana
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"After
I graduated from UofT in 2003, I got a job at IBM, and with out a doubt
we do business with countries all over the world. I took Prof. Richardson's
International Business C44 course in 2003, and found the concepts really
interesting and 100% applicable to the real world. I also got the First
A++!!!!
Seriously, I think no matter where you work, whether its for a big corporation or your own business, you can not avoid the impacts of globalization and international business. Understanding the effects of this growing global world, will help in making key strategic decisions for the future of your business. I would recommend this course any day, and learning from Prof. Richardson is an added benefit, he makes it enjoyable." Sharon C.
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from
November 2004
"Hi Professor Richardson. My name is Jamie G. and I was in your MGTC44 class from January 2004-April 2004. I just wanted to write you a little 'thank-you' note. I am currently a fourth year business student and I am ashamed to admit, before attending your class, I rarely picked up a newspaper to read the business section. A lot of my professors used to insist that we read the newspaper daily, however, we were never tested on our knowledge. Therefore, I didn't see the use in picking up a newspaper. After completing your course, I became accustomed to reading the Business section in the Toronto Star. This year, in my International Economics class (ECMC62), I found myself relating the concepts that I learned to events that I read about in the newspaper. Even before a job interview that I had today, I read the newspaper before going in.(By the way, in the interview, I brought up your class when I told them that I learned that foreign investment might be a good thing for the company!!!) So I just want to say thanks for stressing the importance of reading up about current events. I think UTSC is a great school, but since first year, my head has been buried in textbooks and I had no clue about what was going on around me. After your class, I find I can now apply concepts learned in class to things that are going on around me. I know most students usually write to ask questions or complain about a mark, but I think its important to let some (not all) professors know that they have had an impact on one's education. Thanks again, Jamie G.
I'm working full-time at Petro-Canada now (you may not remember, but I wrote my final exam essay on PC!). Anyways, good luck with the new classes! And once again, thank you for all the "REAL" world knowledge! It comes in handy!! |
Section A | Section B | Section C | Section D | Section E | Section F |
Sept
15 2010
Sept 22 Sept 29 Alan Bell |
Sept
29
Oct 6 TEST 1 Oct 13 |
Oct
13
Oct 20 |
Oct 27
Nov 3 mid-term Nov 10 |
Nov 17 Prof.
Bob Carroll
Nov 24 Mr. Joe Park |
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Sept 16th 2009
Sept 23rd |
Sept 30th speaker
Oct 7 Test # 1 Oct 14 Oct 21 |
Oct
21
Oct 28 Mid_term |
Nov
4th
Nov 11th Nov 18th |
Nov
25th
Dec 2nd presentations |
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Sept 10 2008
Sept 17 Sept 24 speaker |
Oct 1 Test
# 1
Oct 8 Oct 15 |
Oct 22 class
debate
Oct 22 Media Quiz # 1 Oct 29 MID-TERM MID-TERM TAKE HOME ASSIGNMENT DETAILs Oct 2008 |
Nov 12 Nov 19 |
Nov 19
Nov 26 Media Quiz # 2 Final Exam Dec 18 |
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Sept 12 2007
Sept 19 speaker Sept 26 |
Sept 26
Oct 3 Test # 1 Oct 10 Oct 17 |
Oct 17
Oct 24 debate 2007 Oct 31 Mid-Term |
Nov 7 ONLINE
Nov 14 Nov 21 |
Nov 28 last class
speaker Dec 3-7 study week Dec 19 FINAL EXAM |
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Sept 132006
Sept 20 Sept 27 speaker |
Oct 4 Test
# 1
Oct 11 Oct 18 |
Take
Home Question 2006
Oct 25 Mid-Term (2 hr) Nov 1 debate 2006 Nov 8 ONLINE |
Nov 15
Nov 22 |
Nov 29
Dec 20 FINAL EXAM |
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Sept 14 2005
Sept 21 speaker Sept 28 |
Sept 28
Oct 5 Minor Test Oct 12 Oct 19 |
Oct
26th
Nov 2 MID-TERM |
Nov 9
Nov 16 |
Nov
23
Nov 30 last class Dec 12 EXAM |
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Sept 15 2004
Sept 22 |
Sept 29
Oct 6 speaker Oct 6 Minor Test Oct 13 |
Oct 13
Oct 20 ONLINE Oct 27 Mid-Term |
Nov 3
Nov 10 |
Nov 10
Nov 17 Nov 24 |
Nov
24 last class
Dec 3-8 Study Break Dec 13 Exam |
Sept 10 2003
Sept 17 speaker |
Sept 24
Oct 1 |
Oct 8
Oct 15 Oct 22 Test#1 |
Oct 29 | Oct 29
Nov 5 Nov 12 Test# 2 |
Nov
19
Nov 26 Dec 15 EXAM |
Sept 11 2002
Sept 18 Sept 25 |
Sept 25
Oct 2 |
Oct 9
Oct 16 speaker Oct 23 cancelled |
Oct 23 cancelled
Oct 30Test#1 Nov 6 |
Nov 13 Test#
2
Nov 20 |
Nov 27
Dec 2-7 Study Break Dec 18th EXAM |
Sept 12 2001
Sept 19 |
Sept 26
Oct 3 |
Oct 10
Oct 17 Test#1 Oct 24 |
Oct 31
Nov 7 Test# 2 |
Nov 14
Nov 21 |
Nov 21
Nov 28 Dec 5 Dec10 EXAM |
Section A | Section B |
Section C |
Section D | Section E | SectionF
in 2004 Section F was merged with Section E |
Jan 06 2010
Jan 13 Jan 20 |
Jan
27
.speaker Alan Bell Feb 3rd TEST Feb 10 Speaker - former C44 T.A. Joe Park |
Feb
15-19 Reading Week
Feb 24 Mar 3 Mid-Term |
Mar 10
Mar 17 |
Mar 24
Mar 31 presentations |
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Jan 07 2009
Jan 14 speaker Jan 21 |
Jan
21
Feb 4 Test # 1 Feb 11 |
Feb 15-21
Reading Week
Feb 12-21 Prof sick Feb 25 Mar 4 MID-TERM |
Mar
11 Media Quiz # 1
Mar 18 Mar 25 |
Mar 25
Apr 01 review + Media Quiz # 2 (2nd half of the class) Final Exam 2009 Apr 15 |
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Jan 092008
Jan 16 speaker Jan 23 Jan 30 Test# 1 |
Feb 6 debate
2008
Feb 13 Media Quiz 1 (15 minutes) |
Feb 18-22
Reading Week
Feb 27 MID-TERM 7:15 - 9:15 in class March 5 |
March 12
March 19 |
March 19
March 26 Media Quiz 2 Apr 02 Apr 18 Final Exam |
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Jan 09 2007
Jan 16 speaker Jan 23 |
Jan 30 Test#
1
Feb 6 debate 2008 Feb 13 Feb 13 Media Quiz 1 |
Feb
18-22 Reading Week
Feb 27 MID-TERM March 5 |
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Jan 10 2007
Jan 17 Jan 24 |
Jan 24
Jan 31 TEST # 1 Feb 07 |
Feb
14
Feb 19-23 Reading Week Feb 28 MID-TERM Mar 7 class debate |
Mar 14
Mar 21 |
Mar 28
Apr 04 Apr 23rd Final Exam |
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Jan 11 2006
Jan 18 Jan 25 speaker |
Jan 25
Feb 1 Minor Test # 1 Feb 8 Feb 15 |
Feb
15
Feb 20-24 Reading Week UTSC Mar 1 MID-TERM |
Mar 8
Mar 15 ONLINE CLASS |
Mar 22
Mar 29 Apr 5 Apr. 26 FINAL |
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Jan 5 2005
Jan 12 Jan 19 |
Jan 26
Feb 2 MTest # 1 Feb 9 |
Feb
9
Feb 14-18 Reading Week UTSC Feb 23 ONLINE Mar 2 Mid-Term |
Mar 9
Mar 16 Mar 23 |
Mar 23
Mar 30 Apr 18th EXAM |
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Jan 7 2004
Jan 14 snow class Jan 21 |
Jan 28
Feb 4 Test#1 Feb 11 |
Feb 11
Feb 16-20 Reading Week UTSC |
Feb 25
Mar 3 Online Class |
Mar 10 Test#
2
Mar 17 Mar 24 |
Mar
31
April 28 EXAM |
Jan 09 2003
Jan 16 |
Jan 23
Jan 30 Test# 1 |
Feb 6
Feb 13 Feb 20 no class |
Feb 27 | Mar 6
Mar 13 Test# 2 |
Mar 20
Mar 27 Apr 3 April 23 EXAM |
Jan 10 2001
Jan 17 |
Jan 24
Jan 31 Test# 1 |
Feb 7
Feb 14 Feb 21 no class |
Feb 28 | Mar 7
Mar 14 Test# 2 |
Mar 21
Mar 28 Apr 4 Apr 30 Exam |
Section A | Section B | Section C | Section D | Section E | |||
May
7 Mon 2012
May 14 May 21 Holiday - no class |
May
28
June 4 TEST 1 June 11 AWB lecture |
June
18 prof away
June 25 |
June 25
July 2 HOLIDAY - no class July 9
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July
23
July 30 Presentations Aug 6 HOLIDAY - no class Aug 7 last day of summer classes |
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May
9 Mon 2011
May 16 May 23 Holiday - no class |
May
30
June 6 TEST 1 7:15 - 8:15 pm June 13 Alan Bell |
June
13 Alan
Bell
June 20 ONLINE CLASS use MGTC44 Login Summer 2011 |
June 27
July 4 ONLINE CLASS use MGTC44 Login Summer 2011
July 18 |
July
18
July 25 Aug 1 HOLIDAY - no class Aug 8 last class - PRESENTATIONS 2011 Project DETAILS |
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May 3 Mon 2010
May 10 |
May 17 speaker
Alan Bell
MAY 24 HOLIDAY -no class May 31
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June
14
June 21 -no class June 28 STUDY TIPS
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July 12
July 19 |
July 19
July 26 presentations to be confirmed 2010 Project DETAILS |
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May 4 Mon 2009
May 11 MAY 18 HOLIDAY -no class May 25 speaker |
May 25
June 8 |
June
15 class
debate
June 22 MID-TERM |
July 13th |
July
20
July 27 presentations July 27th LAST CLASS
University closed Tuesday, August 4- Friday, August 7 Study Break |
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May 5 Mon 2008
May 12 May 21st- no class MAY 24 / HOLIDAY May 26 |
May 26
June 2 June 9 Test 1 (60 minutes) (6:15 - 7:15) June 16 |
June 23 class
debate
June 30 no class July 1 Canada Day June 30 - July 4 Reading Week UTSC July 7 Media Quiz # 1 |
July
14 MID-TERM
(2 hours) July 21 July 28 Media Quiz # 2 covering events July 8 - July 28th AM |
Aug
4 Holiday
Aug 5 (Tue) is the Monday class |
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May 7th Mon 2007
May 14th May 21st- no class MAY 24 / HOLIDAY May 28th |
May 28th
June 4th TEST 1 June 11th |
June
18th class
debate
June 25th July 1st Canada Day July 2nd - no class July 2 - 6th Reading Week UTSC July 9th MID-TERM |
July 16th
July 23rd |
July 30th
Aug 7 (Tue) TAKE HOME ?
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Prof. W. Tim
G. Richardson
www.witiger.com
Creative Commons Attribution-NonCommercial 3.0 Unported License (see http://creativecommons.org ) - this
means other professors and teachers and students can use my stuff for teaching
and learning without having to ask first
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