MSIM5044 Regional Business Operations
Studies the membership and worldwide impact of the European Union and other regional trading blocs, and the integration of social and economic policies. Provides comparisons between the blocs with emphasis on the approach and involvement of the United States in each bloc. Stresses the European Union?s efforts to align taxation, monetary and economic policies as well as agricultural policy. Examines the origins and future of regional agreements. Special attention is given business competitiveness, marketing success, and effective company management in emerging markets: Pan-Asia, Eastern Europe, Latin America, the Middle East and Africa. Compares emerging markets to established markets in the United States, Europe and Japan. Attention is given business strategies for addressing economic growth and market opportunities and threats in these markets as well as the economic, social and political history of each geographic region. Analyzes sources of rapid growth, including market liberalization, investment incentives, export promotion, infrastructure investments, and technology development. Discusses country infrastructures, internal market rules, trade issues, and cultural differences as well as the roles of business, government, and global markets. Analyzes case examples of successes and failures in those markets and offers students the opportunity to develop an independent research proposal for a current or future business opportunity in a region.