The objective of this course is to give students a strategic vision of the Global Emerging Market. At the same time, this course has to give students an understanding of the real economic and business mechanisms of that part of the world. This is why during this course students will be taught about and will participate in class discussions on global political, economic and business conditions of international business and the role of the Global Emerging Market in the global market place. Because many of the places we will visit are considered emerging markets many of our cases and our field experience will take place there. Students will analyze the major factors influencing the political and economic strategies in emerging markets, including North, Central and South America, Pacific, and Central Asia, the Indian Sub-Continent, Central, Eastern and Southern Europe, the former Soviet Union, and Northern and Southern Africa. This course will examine current global trends influencing the Global Emerging Market as a part of the Global Marketplace. This course will emphasize the various organizational forms of investment in emerging markets, the methods of reduction of political and economic risk, and effective forms of trade with these markets. This course will examine the role of gender in these markets. The use of micro-credit as an end to poverty in the these markets will the student to come to the understanding that it is not just large corporations that benefit from the opening of these markets but also business ventures which allow women in particular to sustain life as well as contribute to the economy. It will help students understand how to face the new opportunities and challenges of the Global Emerging Market.
Field WorkCountry: China
Day: 1 - Sunday, 31 January
The field lab for Emerging Markets takes place in Shanghai on January 31st. We will visit the Shanghai Marriott for a tailored, behind-the-scenes tour of the facility, and then travel to Pudong for a networking opportunity with students and faculty. Upon completion of this field lab, you will write an individual reflection paper describing what you have learned and how it pertains to doing business in emerging markets.
1. To enhance students’ understanding of Marriott Hotel approach in emerging markets.
2. A case study will be given to students prior to the lab. Upon completion of this field lab, students will write an individual reflection paper describing what they have learned and how it pertains to emerging markets.
3. Improve cross-cultural understanding.