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Course Description

Course Description

Winter Quarter Global Business Perspectives IDIS 3695

Panama

March 24-30, 2018
4 Units 
Phyllis Brock, Faculty Director

$2490
Fee includes in-country hotel accommodations, private coach and English-speaking guide as listed in your itinerary, sightseeing, meals, and drinks as listed in your itinerary.

Description and Objectives

This intensive 7-day trip offers students the unique opportunity to examine various and complex issues relating to conducting business in Latin America from the perspective of experts in that country. The program is designed to be an in-depth exposure to relevant cultural, legal, and sociopolitical aspects of the business environment, as well as to gain an understanding what it means to be in a different market of the global marketplace. Professionals and experts who work and teach in Panama will provide unique insights and expertise on multi-faceted aspects of the business environment in Panama that cannot be provided by their U.S. equivalents.

A ship entering the Panama Canal.

Because of the energy and focus this Latin American country provides, in both the government and its industries, students likely will encounter working with or traveling to a Latin American country during their career. Students may find themselves operating a business in Latin America, negotiating a business deal with a Spanish counterpart, investing in a Spanish -based business, or establishing a manufacturing or outsourcing relationship with a Spanish-based business. Each business interaction requires an acknowledgement of the complexities of the Latin American marketplace, as well as some knowledge of the role of the financial structures, the culture, and socioeconomic dynamics that affect business transactions in that country. By turning to experts who are working in Panama, students benefit from both the shared insights and the academic expertise that constitute the coursework during this program.

Learning Objectives

  • Understand the historical, socio-political, financial, and cultural aspects of Spain, relevant to conducting business in Panama.
  • Identify unique aspects of business with and in Panama, including the impact of the government policies, socio-economic concerns, and cultural influences on business decisions.
  • Compare and contrast the social, legal, and political aspects of the business environment in Panama with the business environment in the U.S.
  • Identify and evaluate the challenges for doing business in Panama as a U.S. national.
  • Analyze how the institutions of international trade, investment, and financing impact corporate strategy, structure, and operations within Panama.

Particulars

This course carries four units of credit, and is being taught by Professor Phyllis Brock, who is responsible for conducting six hours of SCU classes, all sessions in-country, grading the student’s academic submissions, and providing final grades.

spain-2.jpg

In addition to the course tuition, the students are charged a flat course fee, which covers the cost of: lodging in-country; in-country ground transportation as required for the company visits and between cities (as applicable), group breakfasts, group lunches, and group dinners, as set out in the detailed itinerary; in-country guide and Faculty Director costs. Round-trip travel to the in-country portion of the course, transportation from the arrival airport (and to the return airport), together with other travel-related expenses (e.g., insurance, visa, telephone, other meals, entertainment, gifts, etc.) is the responsibility of each student. Enrollment in the course is limited to 16 students, and students will be selected based on an application and grade point requirements.

Performance Evaluation

Students are expected to complete selected reading assignments before class and actively participate in class discussions and in the negotiation simulation. They will be evaluated according to the following criteria:

  • Industry Research paper:       15%
  • Company research paper:      15%
  • Participation & Journal:          20%
  • Local Research assignment:    25%
  • Final paper :                          25%

Textbooks and Reading Materials

Students will be required to read text books, articles and case studies, to be determined and selected by the Faculty Director prior to the start of the in-country session.

Attendance Policy

Attendance at all sessions, both at SCU and in-country is mandatory.

Assignments. 

  1. Company research paper: In teams of two, students will select one of the business entities that we will be visiting during the in-country session, and write a brief company profile. The profile will be presented just prior to the scheduled visit, and a copy of the profile will be circulated to the other students prior to the visit for their reference.
  2. Individual Assignment/Final paper: Each student is expected to prepare a final paper based on one of three HSB case studies selected by the Faculty Director. The cases and questions to be addressed will be provided to the students prior to the start of this program. This paper will be researched during the session. All details will be in the syllabus
  3. Individual Participation (on-site): Students are expected to participate in class, and in particular fully participate in the workshop sessions. A journal is to be kept by each participant capturing the lessons learned and perspectives noticed each day.
  4. Open a Local Office Assignment: Students will be placed on teams and be responsible for researching all the details involved in opening a small branch office in Panama. Complete details will be in the syllabus.
  5. Industry Research paper: Students will be placed on teams to research selected industry sectors in Panama and compare them to the U.S. All details will be in the syllabus.

In addition to the lectures, company visits, and any additional networking or other events in-country, students will be required to attend six hours of lectures with the faculty director and guest speakers, at times to be scheduled during the winter quarter on weekends prior to the March departure date.  A syllabus with specifics will be distributed at the first class meeting.

Students with disabilities

To request academic accommodations for a disability, students must contact Disabilities Resources, located on the second floor of Benson. Phone numbers are (408) 554-4111; TTY (408) 554-5445. Students must register and provide documentation of a disability to Disabilities Resources prior to receiving academic accommodations.