General forums
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Announcements | Presentation Unit 1--------22nd May |
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Learning forums
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Lesson 1.1: Introduction | Introduce Yourself | Please let us know the following information about yourself:
Then, please reply to each of your classmate's post by saying hi and any message you would like to say to ... |
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Forum Example | Post your answer to the question, "What is your hometown?" |
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Lesson 1.1 IW Forum | Post your notes to section 1.1 of the textbook here by end of class (11PM Toronto Time) |
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Lesson 1.2 - International Trade | Lesson 1.2 Homework Forums | Why are domestic businesses becoming rarer? What are five ways a business can be considered an international business?: Pick 3 countries from the chapter and explain the trade history those countries had with Canada.: What are the 7 different types of international businesses? Explain each using ... |
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Lesson 1.2 Warmer | 1. Would you rather work for a domestic or international business? Why? 2. Name as many international businesses as you can. Pick 1 and explain how it is international. |
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Lesson 1.2 Group Discussion | 1. Review: What's the difference between tariff and import quotas? When do we use which? 2. Thinking: Is a small local convenience store in your neighborhood a domestic or international business? Explain. 3. Application: Pick one of the seven types of international businesses and then give a ... |
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Lesson 1.3 - International Interdependence | Lesson 1.3 Homework Forums | 1: What does Canada export to other countries? 2: What are the five most common primary industries? 3: What are some pros and cons to branch plants? 4: What are some examples of tertiary industries? 5: What’s the difference between absolute advantage and comparative advantage? 6: Why might a country ... |
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Lesson 1.3 Production | With your group, discuss the mini case below. One person from each group post your group's answers here. Mini Case: At the end of the 19th century, the invention of refrigeration enabled Argentina to supply frozen meat to the world market. Argentina’s meat exports went from 0 in 1900 to 400,000 ... |
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Lesson 1.4: Case - Larson Inc. in Nigeria | Lesson 1.4 Homework Forum | Copy and paste your case analysis here by 1 hour before class. The teacher will give you feedback. |
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Lesson 1.4 Warmer | 1. Would you like to work for a joint venture in a foreign country? Why?
2. What do you know about Africa? |
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Lesson 1.4 Production | Prepare a short presentation to David Larson. Start with your recommendation. Then give 2 or 3 reasons and explain each reason in detail. |
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Lesson 1.4 IW Forum | 1. Summarize what you learned from today's class in 2-3 sentences. 2. Post your notes to section 1.3 OR you can post your memory palace story for the 7 types of Internationa Businesses. |
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Lesson 1.5: International Business in Canada | Lesson 1.5 Homework Forum | Post your notes from the homework readings here. This lesson is on Sections 1.3, 1.4, 3.1, 3.2. |
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Lesson 1.5 Warmer | 1. What are some famous Canadian companies
that you know?
2. What do you know about Canada’s culture? |
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Lesson 1.5 Production | Recently, America is reducing international trade with their “America First” mindset. However, Prime Minster Justin Trudeau thinks Canada should increase trade. In fact, he has $100 million and wants to know how to use it to attract more foreign investment and improve productivity. Prepare a ... |
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Lesson 1.6 - Trade Barriers | Lesson 1.6 Homework Forum | Post your notes from Section 2.2 here. |
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Lesson 1.6 Warmer | 1. Do you think it’s a good idea to make
foreign products more expensive? Why?
2. Do you think it’s a good idea to limit
the amount of foreign products in a country? Why? |
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Lesson 1.6 Group Discussion | #1 Review: What's the difference between absolute advantage and a comparative advantage? Give an example. #2 Thinking Question: When should we use a tariff versus an import quota? #3 Application Question: Imagine it is March 2020, and the
COVID-19 outbreak in China is still recent news in the world. L... |
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Lesson 2.1: COVID-19 and International Business | Lesson 2.1 Homework Forum | Post your notes from the article "Why Fighting COVID-19 Requires Character" by 1 hour before class. |
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Lesson 2.1 Warmer | 1. Do you think COVID-19 brought about any positive changes to the world? 2. What changes do you think will stay even after COVID-19 is no longer a concern? 3. Which of the 11 leadership traits do you think is the most important? Why? |
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Lesson 2.1 Group Discussion | With your group, discuss these four questions: 1. Which of the 11 character traits do you
understand well?
2. Which of the 11 character traits do you not understand well?
3. If you had to pick the top 3 most
important character traits, which would you pick? 4. What do you think is important for ... |
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Lesson 2.2: International Business Trends | Lesson 2.2 Homework Forum | Post your notes to Section 10.2 here by 1 hour before class. |
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Lesson 2.2 Warmer | 1. What are some international business trends that you are aware of? 2. Do you think people should reduce their carbon footprint even it leads to reduced international business? Why? |
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Lesson 2.2 Production | You learned about many international business trends this class, such as •Sustainability
•Universal Basic Income
•Gender Parity
•Artificial Intelligence
•Blockchain
•Self-driving cars
Prime Minister Trudeau is thinking of investing in some trends to improve international business in ... |
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Lesson 2.3 - Trade Agreements and Trade Organizations | Lesson 2.3 Homework Forum | Post your notes to Sections 6.2, 6.3, and 6.4 here by 1 hour before class. |
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Lesson 2.3 Warmer | 1. How would your life be different if NAFTA didn’t exist? 2. How would you life be different if the UN didn’t exist? |
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Lesson 2.3 Production | The Minister of Finance in China is contemplating whether or not to have a common currency across Mainland China, Hong Kong, Macau, and Taiwan in order to facilitate trade. With your group, prepare a short presentation to talk about the pros and cons of this idea, and then give a ... |
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Lesson 2.4: Foreign Exchange | Lesson 2.4 Homework Forums | Post your case analysis here by 1 hour before class. |
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Lesson 2.4 Warmer | Do you have experience converting currencies? Why did you have to convert currencies? |
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Lesson 2.4 Production | Give a recommendation presentation to Andrew Wagstaff. Talk about which option(s) he should use to mitigate foreign exchange risk. Talk about the pros and cons of your recommendation. |
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Lesson 2.5: Globalization | Lesson 2.5 Homework Forums | Post your notes for Sections 1.5 and 6.1 here by 1 hour before class. Also make sure to upload your rough copy of Assignment 2 on the Unit 2 Page so the teacher can give you feedback. |
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Lesson 2.5 Warmer | 1. Give an example of a company that uses the global strategy. 2. Give an example of a company that uses the multidomestic strategy. 3. Give an example of a company that uses the transnational strategy. |
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Lesson 2.5 Production | 1.How can businesses reduce foreign exchange
risk?
2.What is a famous global company that you know?
What type of globalization strategy do you think they use?
3.Do you think the pros of globalization
outweigh the cons? Make sure to discuss with your group and give good evidence for #3. If we ... |
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Lesson 2.6: Case - Garrard Japan | Lesson 2.6 Warmer | Do you know any consumer packaged goods companies? Pick a common household brand that you use daily. Google “who owns PRODUCT NAME” to find out if a CPG owns it. For example, “Who owns Royale tissue paper?” |
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Lesson 2.6 Production | Give a recommendation presentation to Toshio Tanaka. Talk about Why is it important to improve the glocal score? What can Garrard Japan do to improve local contribution? What should Tanaka tell HQ? |
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Lesson 2.8: Midterm Review | Practice Questions from Students | Create 2 Multiple Choice questions and 1 written question for your topic. |
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Lesson 3.1: Cultural Factors in Workplaces | Lesson 3.1 Homework Forum | Post your notes here by 1 hour before class. The readings are textbook sections 4.2, 4.4, and 4.5. |
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Lesson 3.1 Warmer | 1. What are some differences in business practices between China and Canada? 2. How do you think China and Canada differ in Hofstede’s five cultural dimensions? |
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Lesson 3.1 Production | Prepare a short presentation to compare the Hofstede profile of two countries. Assume you are from the first country going to the second country to do business. Based on the Hofstede differences, explain what you need to be careful about. Use this website: https://www.hofstede-insights.... |
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Lesson 3.2: Cross-Cultural Negotiations | Lesson 3.2 Homework Forum | Post your notes from the case and answers to the case questions here by 1 hour before class. You will be using your notes for Assignment 3. |
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Lesson 3.2 Warmer | 1. What negotiation experience do you have? 2. Would you like to have Mr. Jones or Mr. Wang’s kind of job, where you do cross-cultural negotiations? |
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Lesson 3.2 Production | Prepare a short presentation. Talk about… 1. What mistakes did Mr. Jones make? Pick the top three or four. 2. What should Mr. Jones have done instead? Each person in the group can present 1 mistake and 1 recommendation. Make sure to talk about Hofstede and polychronic vs. monochronic cultures. |
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Lesson 3.3: Political, Economic, and Geographic Factors | Lesson 3.3 Homework Forum | Post your notes from the readings here by 1 hour before class. |
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Lesson 3.3 Warmer | 1. Do you think more countries should measure Gross National Happiness? 2. Do you think it’s a good idea to have businesses from different time zones trying to work together? |
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Lesson 3.3 Group Production | Thinking Question: Do you think a democracy better or autocracy is better? Why? Application Question: Despite the income level rising in America since 2005, happiness level has fallen. The new President of USA is concerned that always focusing on GDP and improving the economy is not actually ... |
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Lesson 3.4: Case - The Edificio Espana | Lesson 3.4 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 3.4 Warmer | 1. What do you know about Wanda Group? 2. What do you know about Spain? |
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Lesson 3.4 Production | Prepare a presentation to Jianlin Wang. Answer these questions: 1. China and Spain have different political systems. What differences does Wang need to know?
2. Should Wanda persist with renovating the Edificio Espana or
sell it and leave? Why?
3. What should Wang do next time to ... |
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Lesson 3.5: Logistics in International Business | Lesson 3.5 Homework Forum | Put your notes from the reading here by 1 hour before class. |
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Lesson 3.5 Warmer | Do you know any companies that have really good logistics? How so? |
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Lesson 3.5 Production | The CEO of Yi Dian Dian is trying to decide between horizontal integration and vertical integration. Prepare a presentation and answer these questions: 1. Who can Yi Dian Dian do
horizontal integration with? What would be the benefits and challenges?
2. Who can Yi Dian Dian do
vertical ... |
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Lesson 3.6: Case - Shopclues.com | Lesson 3.6 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 3.6 Warmer | 1. How often do you do online shopping? What website do you use? (e.g., Amazon, Taobao, etc.) 2. How important is delivery time for you? How long are you willing to wait? 3. Do you think it is easy to set up these online shopping websites and make a profit? 4. Do you think the Indian e-commerce ... |
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Lesson 3.6 Production | The CEO of ShopClues wants an update report on the current status of logistics at ShopClues. Prepare a short presentation to answer these questions: 1.How
can good logistics help a company like ShopClues?
2.How
has technology helped improve logistics for ShopClues?
3.Do you think ... |
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Lesson 4.1 - Marketing Challenges | Lesson 4.1 Homework Forum | Put your notes from the readings here by 1 hour before class. |
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Lesson 4.1 Warmer | 1. Do you think society has too much advertising and marketing these days? 2. Do you think advertisements actually influence you to buy things? |
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Lesson 4.1 Production | Hai Di Lao, a famous hot pot restaurant chain in China, wants to enter Canada. Hot pot is not common in Canada. Prepare a presentation to the CEO and talk about: 1. Analyze the customers (culture*,
wants/needs, demographics)
2. Who are the direct and indirect
competitors for Hai Di Lao in Canada?... |
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Lesson 4.2 - Marketing Approaches | Lesson 4.2 Homework Forum | Put your notes from the readings here by 1 hour before class. |
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Lesson 4.2 Warmer | 1.Do you think society has too much advertising and marketing these days? 2. Do you think advertisements influence you to buy things? |
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Lesson 4.2 Production | Hai Di Lao, a famous hot pot restaurant chain in China, wants to enter Canada. Hot pot is not common in Canada. Prepare a presentation to talk about
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Lesson 4.3 - Case: Uniqlo Expansion into Canada | Lesson 4.3 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 4.3 Warmer | Where do you or your family often buy clothing from? Do you own anything from Uniqlo? What do you think about Uniqlo? |
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Lesson 4.3 Production | Prepare a presentation to Tadashi Yanai, CEO of Fast Retailing. Talk about 1.What
do different customer groups want, and which customer group should Uniqlo
target?
2.Who are Uniqlo’s direct and indirect
competitors? What is Uniqlo’s competitive advantage?
3.How
should Uniqlo adapt the 4P’s ... |
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Lesson 4.4 - Common Mistakes in International Business | Lesson 4.4 Homework Forum | Post your notes from the 2 articles here by 1 hour before class. |
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Lesson 4.4 Warmer | 1. Which 3 of the 10 international marketing failures do you think are the biggest? Why? 2. Have you ever seen an example of a badly translated slogan or advertisement? |
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Lesson 4.4 Production | Pick one of the international marketing fails from the homework and give them an idea for a good commercial. |
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Lesson 4.5 - Case: Airbnb in China | Lesson 4.5 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 4.5 Production | Prepare a presentation to the co-founders of Airbnb: Joe Gebbia and Brian Chesky. Answer these questions:
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Lesson 5.1 - Ethical Issues and NGOs | Lesson 5.1 Homework Forum | Post your notes from the readings here by 1 hour before class. |
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Lesson 5.1 Warmer | Do you care if a company has good or bad CSR when you buy something from them? |
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Lesson 5.1 Production | What ethical issues do you think these companies face? 1: Fast food restaurants (e.g., KFC) 2: Clothing stores (e.g., Zara) 3: Car companies (e.g., Volkswagen) 4: Grocery stores (e.g., Loblaws) 5: Government employees |
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Lesson 5.2 - CSR and Business Ethics | Lesson 5.2 Homework Forum | Post your notes from the readings here by 1 hour before class. |
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Lesson 5.2 Warmer | Do you know any NGOs or charities? Explain what they do. |
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Lesson 5.2 Production | You have already picked an ethical issue for your Assignment 5. With your group, find a company that is guilty of the ethical issue and then another company who has good CSR. For example, Nike is guilty of sweat shops, while Toms Shoes has good CSR. Post your two companies here by end of class. |
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Lesson 5.3 - Case: China Milk Scandal | Lesson 5.3 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 5.3 Warmer | 1. Do you drink milk? 2. Do you ever worry about food safety when you buy food from the grocery store? |
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Lesson 5.3 Production | The central government in China is very ashamed of the Sanlu scandal, and they want your analysis and recommendations for preventing such a thing from happening again in the future. Prepare a presentation to talk about:
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Lesson 5.4 - Case: Telus and Ethics | Lesson 5.4 Homework Forum | Post your case analysis here by 1 hour before class. |
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Lesson 5.5 - Working Abroad | Lesson 5.5 Homework Forum | Post your notes from the reading here by 1 hour before class. |
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Lesson 5.9 - Final Exam Review | Exam Preparation Forum | Answer these questions by end of class (Dec 15):
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