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IM 535 – International Operations

Management

Introduction and Overview

Globalization?

• Globalization refers to:
  • Set of interdependent relationships among people from different parts of a world.
  • Also, integration of world economies through the reduction of barriers to the movement of trade, capital, technology, and people.
• Globalization concept has been around hundreds of years ago this has expanded human contacts over ever-wider geographic areas have expanded the variety of available resources, products, services, and markets. IM 535 – International Operations 2

Why Should You Study International Business?

• A simple answer is that international business comprises a large and growing portion of the world’s total business. - Global events and competition affect almost all companies. - Most companies also compete against products and services that come from abroad. IM 535 – International Operations 4

Why Should You Study International Business?

• A more complex answer is that company operating internationally will engage in modes of business, such as exporting and importing, that differ from those it is accustomed to domestically. - To operate effectively, managers must understand these different modes. IM 535 – International Operations 5

Why Should You Study International Business?

• Even if you never have direct international business responsibilities, you may find it useful to understand some of its complexities. - Where you want to work. - What governmental policies you want to support. IM 535 – International Operations 7

Why Should You Study International Business?

• At the same time, you’ll need to understand that the best way of doing business abroad may not be the same as the best way at home. - First, when your company operates internationally, it will engage in modes of business that differ from those in which it engages domestically. - Second, physical, social, and competitive conditions differ among countries and affect the optimum ways to conduct business. IM 535 – International Operations 8

Objectives of this Course

• To gain basic knowledge about the means of managing international operations.
• To understand the effect of different environmental frameworks on international operations.
• To know the theories and institutions related to trade and investment.
• To understand the dynamics of international business- government relationships. IM 535 – International Operations 10

Tentative Course Outline IM 535 – International Operations 11

Exams!

• All exams’ questions are multiple choice and true or false questions.
• Time allocated to each question is on average 1 minute!
  • Expect an average of 60 questions for a one hour exam.
  • Expect an average of 120 questions in your final exam.
• Your text comes with sample questions that you can use to train yourself on that type of questions.
• Sample exams will be provided IM 535 – International Operations 13

Regulations!

• All students are expected to attend classes regularly and promptly. Students who are absent from classes periods more than 20 % of the time ( 3 times absence) will face forced withdrawal.
• Any student who does not take a scheduled exam will receive a grade of zero for the examination missed.
• No makeup is allowed under any circumstances. IM 535 – International Operations 14

Other Information

• Dr. Mohamed Mourad
  • E-mail: [email protected]
  • Tuesday: 8.30 – 10.
  • Wednesday: 10.30 – 12.
• Course material will be available online to all students, including handouts, presentations, and sample exams. - https://cloudecampus.org/aast-courses/international-operations- management/
• References
  • Daniels, Radebaugh, and Sullivan; “International Business: Environments and Operations”; Latest Edition, Prentice Hall. IM 535 – International Operations 16