978-1259317224 Module A Part 2

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International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

CONNECT TOOLS FOR CLASS PREPARATION

SmartBook

How Does SmartBook Help You/Students?

• Assignable – assigning students their reading and studying their textbook content

ensures they are coming to class prepared.

• Proven to help students get a better grade. Studies show SmartBook technology can help

increase grades by a full letter.

• Save time. Study smarter. SmartBook makes sure students focus on the things you don’t

know so they can prioritize your study time wisely.

• No more cramming. SmartBook helps learners retain key concepts so you can learn—not

memorize.

• Accessible on the go. Use SmartBook on your laptop, tablet or smartphone–online or

offline–via your browser or mobile app.

• Results in real time. Track student progress–and prevents them from wait for midterms

or finals. Know how well you understand the material now.

How to assign SmartBook to ensure students come to class prepared?

• On the Connect course homepage click “add assignment” > LearnSmart > Select the

chapter

• Decide what content you’d like your students to study, and how much time you’d like

students to spend on their work. Start by narrowing down the content prior adjusting the

slider bar. – Many instructors find it useful to limit the assignment to a maximum of 45

minutes.

• Assign points to the assignment. Instructors have found that if they give the

LearnSmart/SmartBook assignment a minimum of 10% of the course grade that students

are more likely to complete the assignment.

• The entire LearnSmart/SmartBook module is available to your student at all times,

however, assigning it will prompt students to try it. You are required to select a due date

for this assignment, however, this will not prevent the student from access to the tool; it

is designed to show you that the student has taken the LearnSmart/SmartBook

assignment. LearnSmart/ SmartBook is an adaptive study tool designed for students. It

can also show you where students are struggling to understand specific concepts.

International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

• The student’s LearnSmart/SmartBook score in the Connect reports is based on their

mastery of the material at the time the assignment is due. Mastery is an evaluation of

the number of learning objectives they completed via performance on answering

questions.

• Students may, and are encouraged, to continue to use LearnSmart/SmartBook

throughout the semester. After the assignment due date, they can continue to access

this tool. Continued use of LearnSmart will not affect their LearnSmart/SmartBook

assignment results in the Connect reports, but has shown to improve test scores by as

much as a full letter grade.

International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

ENGAGEMENT & APPLICATION (FACE TO FACE & ONLINE & HYBRID)

BOXED TEXT DISCUSSION QUESTIONS WITH SUGGESTED ANSWERS

IB IN PRACTICE: UN Millennial Development: Business Models at Work, Generating

Progress

The UN established the Millennium Development Goals at the turn of the century, with a target

date of 2015 for the world to end poverty, provide primary education for all, build gender

equality, reduce child mortality, increase maternal health, combat HIV/AIDS and malaria, build

environmental sustainability, and build global partnerships for development. These eight

stretch goals have motivated many in the world, and some of these will be achieved by the end

of 2015, while all the goals serve as a foundation for future development commitments.

Online and Hybrid: Assign questions to be prepared in virtual teams and submitted as a

team assignment

Face-to–Face: Students develop responses to the questions in class in teams/groups

1. Should businesses participate in such efforts as the Millennium Project, or should their

focus be on the bottom line and returning dividends to shareholders?

2. How might a local business include poor people in its value chain? Think of a specific

local business and offer ways it might join the Millennium Project

GLOBAL DEBATE: International Institutions: A Dangerous Path for a Nation-State, or a

Way to Cope with Globalization?

The global debate issue here that these institutions weaken national sovereignty, the nation’s

authority to govern itself. The supranational agreements they foster may be seen as an assault

on the nation’s independence. The major counterargument to protect–our-sovereignty

objections is that the benefits of supranational agreements far outweigh their trade-offs. This

debate is alive and well in the U.S.

International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

Face-to–Face: Students develop responses to the questions in class in teams/groups.

1. Do international institutions such as the UN promote harmony, or do they violate the

sovereignty and thereby reduce the power of nation-states? Defend your reasoning.

2. Would a world without international institutions be a good or better world? Why or

why not?

3. Do the ends (the achievements of international institutions) justify the means

(supranational agreements)?

GET THAT JOB! FROM BACKPACK TO BRIEFCASE Katie Emick: International

Experience Targets Growth, Intellectual and Spiritual

Katie Emick describes her initial international experience, the challenges she faced, how she

overcame them, and what value that process had for her.

1. Do you think Katie’s experience would hold for you, that you would learn more about

yourself from your international time than you would about others?

2. Evaluate the advice Katie gives in her closing.

International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This

document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.

END OF MODULE EXERCISES

CRITICAL THINKING QUESTIONS

1. Choose a specific informal cognitive institution, discuss its characteristics, and

comment on why they could be significant to international business managers.

Student examples may vary, but the significant part of this question is the characteristics.

2. The UN may be best known for its peacekeeping missions, but it also has many

agencies that directly affect business. Choose a single trade transaction and describe the UN’s

influence on it.

3. Sovereign wealth funds and high reserves are held by many developing nations today,

the very same nations that had been the major market for IMF loans in the past. How might

4. In your judgment, do bilateral trade agreements such as NAFTA and Mercosur

undercut the WTO? Explain your reasoning.

This is a debatable issue, a bit of a chicken and egg situation. Bilateral agreements may

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International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

5. The U.S. Congress approved NAFTA, despite strong trade union and labor opposition.

Do you agree with labor’s opposition? Explain.

6. Mercosur’s main trading partner is the EU rather than the United States. Why might

7. Why is the OECD, known as “the rich man’s club,” important to countries beyond the

8. Using concepts from new institutional theory, describe three international

organizations.

9. What impact can the EU have on businesses external to the EU?

The EU has an impact on every firm that does business in the EU, even if they are not a European

10. Criticism of international institutions such as the UN or the EU often focuses on such

organizations’ perceived threats to national sovereignty, the authority of the state to govern

itself. How might globalization affect a state’s ability to govern itself?

The argument is that the institution violates the sovereignty of the nations. One of the counter–

International Business

Geringer, McNett, Minor, Ball

Instructor Guide to Module A

This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner. This

document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.

MINICASE: Getting Help from Global Institutions

This minicase explores the development challenge of the need for a French alternative energy

company exploring FDI in response to Chinese activities in that sector in West Africa.

1. Which organizations discussed in this module would you look to for help in developing

a list of investment alternatives and of criteria for the ownership recommendation?

BONUS ACTIVITIES (additional resources not in the text)

This section provides you with support of your course above and beyond what’s found in the

text. We have developed these resources to support your course, to support your traditional,

hybrid, online, flipped class.

VIDEO SUGGESTIONS

McGraw Hill’s collection of international business videos is available on pinterest at

https://pinterest.com/mheibvideos . In addition, bigthink (bigthink.com) and YouTube are good

sources of videos on international institutions.

Mark Leonard discusses institutions and their basic purposes (peace and regulation of behavior)

in BigThink’s International Institutions and Globalization, at

https://www.youtube.com/watch?v=1UcKEPkfN3s/. Mark Leonard is director of the European

Council on Foreign Relations.

BigThink’s Ann Marie Slaughter on the Future of International Institutions is also good

(https://youtu.be/xrxprkxdFRw). Slaughter is former dean of Princeton’s Woodrow Wilson

School of Public and International Affairs.

For a critical summary of international institutions, see John Mearshiemer’s The False Promise of

International Institutions Summary. This is a summary of the arguments, so not actually a video,

but in video format (https://youtu.be/2GfpQVot94s). Mearshiemer is at the University of

Chicago.

TEAM EXERCISES

These may be done individually or in groups or teams, either in or out of class, for later class

presentation. Some are also appropriate for hybrid and online courses.

1. Career Opportunities

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