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Quiz lesson 1.2 and 1.3--------------------------------Monday September 9th

Presentation- Unit 1------------------------------------Thursday Sep 12th

Mid term-----------------------------------------Monday 23rd Sep----Unit 2, (Lessons  2.2, 2.4, 2.5)

Global market challenge- Team assessment---------...

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Learning forums

Section Forum Description Discussions
Lesson 1.1: Introduction Introduce Yourself

Please let us know the following information about yourself:

  • Your name
  • Your background culture
  • Your interests and hobbies
  • What you look forward to in this class
  • Short message to your classmates

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 1.2 - International Trade 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 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 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:


Canada’s Trading Partners 

• Students will be put into small groups. Each group ...

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Lesson 1.3 - International Interdependence Lesson 1.3 Production

With your group, discuss the mini case below. Each group will present their answers to the class.

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 tons a ...

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Lesson 1.3 Homework Forums

Post your textbook notes for this lesson here. Today's lesson is on Section 5.4 and pages 17-21.

You copy and paste from your word document or attach the file

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 ...

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Lesson 1.5: The Impact of International Business on Canada 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 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 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 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 Homework Forum

Post your notes from Section 2.2 here.

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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?

Imagine it is March 2020, and the COVID-19 outbreak in China is still recent news in the world. ...
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Lesson 2.2: International Business Trends 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 ...

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Lesson 2.3 - Trade Agreements and Trade Organizations 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 2.3 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 2.4: Foreign Exchange Lesson 2.4 Warmer

Do you have experience converting currencies? Why did you have to convert currencies?

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Lesson 2.5: Globalization 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 2.5 Homework Forums 7
Lesson 3.1: Cultural Factors in Workplaces 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 3.1 Homework Forum


The readings are textbook sections 4.2, 4.4, and 4.5.

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Lesson 3.2: Effect of Globalization on Consumer Demand and Avoiding Common Mistakes 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 3.2 Homework Forum

Post your notes from the case and answers to the case questions here


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Lesson 3.3: Political, Economic, and Geographic Factors 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 3.3 Homework Forum

Post your notes from the readings here by 1 hour before class.

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Lesson 3.4, Evaluating Business Opportunities in Developed and Developing Countries ----Part 2 Canada’s International Competitiveness 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 3.4 Homework Forum

Post your case analysis here by 1 hour before class.

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Lesson 4.1: Logistics in International Business Lesson 4.1 Warmer

Do you know any companies that have really good logistics? 

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Lesson 4.1Production

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 4.1Homework Forum

Put your notes from the reading here by 1 hour before class.

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Lesson 4.1 PART 2-LOGISTICS Lesson 4.1 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 4.1 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 4.1Homework Forum

Post your case analysis here by 1 hour before class.

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Lesson 4.2- Marketing Challenges Lesson 4.2 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 4.2 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 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 ...
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Lesson 4.2 Homework Forum

Put your notes from the readings here by 1 hour before class.

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Lesson 4.3 - Marketing Approaches to management and growth Lesson 4.3 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. 3 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 

  1. What product adaptations should Hai Di Lao make?
  2. What pricing strategies should Hai Di Lao use?
  3. What promotional strategy should Hai Di Lao use?
  4. Where ...
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Lesson 4.3 Homework Forum

Put your notes from the readings here by 1 hour before class.

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Lesson 4.4 - Common Mistakes in International Business 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
Learning from International Marketing Mistakes

Instructions:
Students will be divided into small groups, and each group will receive a different real-world marketing disaster case. The objective is to create a revised campaign and present it to the class.

Cases (Choose one):

  1. Pepsi in China: The ...
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Lesson 4.4 Homework Forum

Q1: What is the marketing responsible for in a global expansion?

Q2: Explain the 6 common mistakes using your own words.

Lost in Translation: 10 International Marketing Fails

Q1: Which three of the 10 marketing failures do you think are the biggest?

Q2: Why is it a bad idea for companies to translate...
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Lesson 4.5 -ICT and Case: Airbnb in China Lesson 4.5 Production

Prepare a presentation to the co-founders of Airbnb: Joe Gebbia and Brian Chesky. 

Answer these questions:

  1. What do the customers care about most? (e.g., price, quality of experience, safety, customer service, etc.). How is it different from American customers.
  2. What should AirBnb’s competitive ...
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Lesson 5.1 - Ethical Issues and NGOs 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 5.1 Homework Forum

Post your notes from the readings here by 1 hour before class.

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Lesson 5.2 - CSR and Business Ethics Lesson 5.2 Warmer

Do you know any NGOs or charities? Explain what they do.

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Lesson 5.2 Homework Forum

Post your notes from the readings here by 1 hour before class.

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Lesson 5.3 -Cultural Theories and relation to ethics in international business 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 Homework Forum

Post your case analysis here by 1 hour before class.

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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:

  1. Stakeholder analysis for the milk scandal
  2. Why people do unethical things for ...

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Lesson 5.5 - Border issues and Working abroad Lesson 5.5 Warmer
Do you wish to work outside of your home country? Explain.
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Lesson 5.5 Homework Forum

Post your notes from the reading here by 1 hour before class.

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Lesson 5.5 Production
Presentation

With your group, prepare a short presentation to talk about :
1. What is one country that you really want to have an international work or study experience in?
2. What are the requirements for a student visa or work visa in that country?


Class Debate : 

  • Should Canadian businesses focus ...
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