BADM 728 | Managing Organizations in a Global Economy (3 credits)
Instructor: Yvonne Stedham, Ph.D., Professor, Managerial Sciences
Assessment of cost, benefits and risks of operating in specific countries. Emphasis on recognizing, respecting, and responding to cultural differences.
- Understanding of fundamentals of international business
- Understanding of how to analyze factors that affect business decision making globally
- Understanding of cultural factors in developing business relations globally
Upon completion, students will be able to:
- Effectively use knowledge of global markets in developing new business ventures
- Identify both risks and benefits of doing business globally
EMBA Learning Objectives and Outcomes
The overall learning objectives for the EMBA are a broad set of knowledge and skills we wish students to acquire and hone over the course of the program. Objectives represent the collective thought of the program’s faculty about the most valuable intellectual attributes of an executive at any point in his/her career.
The overall learning objectives form a central framework for the curriculum to which each course-specific set of objectives may be mapped, allowing courses to be woven together by common threads. Having a shared viewpoint of the educational content we wish to provide allows our faculty to continuously improve their courses, while maintaining a focus on the outcomes that are desired.
Learning Objectives and Outcomes Key:
- The ability to use evidence-based reasoning to understand, manage, and lead complex organizations.
- Development of skills that facilitate problem solving in a complex and dynamic environment.
- The ability to integrate qualitative and quantitative information into the decision making process.
Course specific mapping for BADM 728:
- Determine the data and the sources needed to assess the cost, benefits and risk associated with business in a specific country for an American company (L.O.: 1)
- Conduct an analysis of the political, economic, social, environmental and legal conditions in a specific country (L.O.: PESTEL Analysis) (L.O.: 2,3)
- Assess the cultural context and determine the level of cultural toughness that a country might present for an American company (L.O.: 2)
- Address ethical challenges and corporate social responsibility issues when operating internationally (L.O.: 1)
- Determine the impact of cultural and other contextual conditions on management and business practices (L.O.: 3)
- Contribute to decisions related to the selection, training, compensation and repatriation of expatriates (L.O.: 2)
- Conduct a systematic CBRA (L.O.: Cost-Benefit-Risk Analysis) of a specific country to determine the attractiveness of the country for internationalization of an American company (L.O.: 3)