Business Entry Strategies, International
- Selecting a market entry strategy
- Finding the right partners
- Preparing an international business plan
- Establishing and managing direct and indirect exporting
- Establishing and managing franchisee/licensee relationships
- Negotiating contracts and partners agreements
- Establishing and managing foreign direct investments
- Managing international business operations
- Legal considerations in international trade
- International contracts and partnership agreements
- Protection of intellectual property in international trade
- Ethical considerations in international trade
- Aligning international initiatives with best practices and legal requirements
- Understanding culture’s impact on international trade
- Developing intercultural relationships
Lectures, discussions, case study analysis, class presentations, and guest lectures on industry-specific subjects.
Assignment(s)/Case Study(ies)/Quiz(zes) 10 - 35%
Term Case Presentation 10 - 35%
Examinations 30 - 60%*
Participation 0 - 10%
1) No one examination may be worth more than 40%.
2) 50% of non-exam assessments must be for individual work
3) Students must achieve a grade of at least 50% on the combined exam components to pass the course.
4) Students may conduct research as part of their coursework in this class. Instructors for the course are responsible for ensuring that student research projects comply with College policies on ethical conduct for research involving humans, which can require obtaining Informed Consent from participants and getting the approval of the Douglas College Research Ethics Board prior to conducting the research.
At the end of the course the successful student will be able to;
- Perform a corporate strategic needs assessment;
- Select the most advantageous market entry strategy based on research and analysis of options and potential issues;
- Develop an international business plan including key business strategies with metrics to monitor success;
- Create a strategic plan for market entry using the international business plan;
- Develop, implement and monitor an organizational code of ethics/conduct that complies with relevant legal, political, regulatory and cultural norms;
- Establish and manage strategic alliances through use of research, evaluation, negotiation and continued communication;
- Use knowledge of target market’s culture to establish and maintain productive business relationships;
- Manage direct and indirect exports to maximize profit and ensure efficient distribution and control;
- Negotiate and manage foreign direct investment arrangements such as foreign mergers and acquisitions; and
- Plan for foreign franchising and licensing opportunities.
International Market Entry Strategies, FITT, latest edition (Free eBook download for students registered with FITT)
Lymbersky, Christoph, Market Entry Strategies, Management Laboratory Press, latest edition
Root, Franklin R., Entry Strategies for International Markets, Jossey-Bass, a John Wiley Subsidiary, latest edition
Or any alternative textbook that has been approved by the Business-Finance department.
Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.
These are for current course guidelines only. For a full list of archived courses please see https://www.bctransferguide.ca
|Institution||Transfer Details for BUSN 3500|
|Athabasca University (AU)||AU MKTG 3XX (3)|
|Capilano University (CAPU)||CAPU IBUS 2XX (3)|
|Coast Mountain College (CMTN)||CMTN BADM 1XX (3)|
|College of New Caledonia (CNC)||CNC MGT 160 (3)|
|College of the Rockies (COTR)||COTR MGMT 3XX (3)|
|Kwantlen Polytechnic University (KPU)||KPU BUSI 2XXX (3)|
|Northern Lights College (NLC)||NLC MGMT 2XX (3)|
|Thompson Rivers University (TRU)||TRU BBUS 3XXX (3)|
|University Canada West (UCW)||UCW BUSI 2XX (3)|
|University of British Columbia - Vancouver (UBCV)||UBCV COMM 3rd (3)|
|University of Northern BC (UNBC)||UNBC COMM 441 (3)|
|University of the Fraser Valley (UFV)||UFV BUS 3XX (3)|
|University of Victoria (UVIC)||No credit|
|Vancouver Community College (VCC)||No credit|
BUSN 3500 050 - This section is restricted to Business Management Diplomas, BBA Management, PDD International Business Management, and PBD International Supply Chain Management until Friday, August 26, 2022 at 9:30 am.
BUSN 3500 001 - This section is restricted to Business Management Diplomas, BBA Management, PDD International Business Management, and PBD International Supply Chain Management until Friday, August 26, 2022 at 9:30 am.