Global Business Law and Ethics
Peking University
October/November 2003


INSTRUCTOR:                     Dr. Charles E. Rumbaugh, JD, CPCM
Phone:                                    310-373-1981
Fax:                                         310-373-4182
Email:                           ADROffice@Rum baugh.net
Web:                                      http://www.R umb au gh.net

TEXT:                                    Schaffer, Richard; Earle, Beverley; Agusti, Filiberto. International Business Law And Its Environment. International Thomson Publishing Company, 2002, 5th Edition  ISBN 0-324-06098-X.  http://schaffer.westbus law.com   and http://www.westbuslaw.com . 

Recommended

Readings                               Two “Negotiation Part I and Part II” articles published by Charles Rumbaugh and available at http://www.ru mbaugh.net by pointing/clicking/going to “Recent Publications”

Case Studies:  “China Supplement,” Harvard Business School Case 9-701-033, April 15, 2003.  Copies can be ordered through http://www.hb sp .harvard.edu   (Search for and locate the original Case Study, “China: Facing the 21st Century,” under its Case No. 798066, and then scroll down the page to the “China Supplement” on for 701033 )

 

COURSE DESCRIPTION: This course provides an overview of the legal system and how it can be employed to settle disputes and misunderstandings arising from a wide assortment of national/international business dealings.  Emphasis is placed on the litigation process, United States constitutional/treaty law, international contracts/sales, intellectual property, international law, agency, and ethics within the global environment. 

The course is grouped under four broad headings dealing with the legal environment of international business; international sales, credits, and the commercial transactions; international and US trade law; and regulation of the international marketplace all of which must be understood by the international business executive in decision-making for international trade in the new millennium.

COURSE OBJECTIVES: After completion of this course, the student should be able to:

  1. Describe the benefits of an expanding global marketplace and economic interdependence for executive decision-making.
  2. Explain the three methods of International market-entry—

·         Trade

·         International Licensing of Technology and Intellectual Property

·         Foreign Investment

  1. Explain the various methods for International dispute resolution and their importance in executive decision-making in putting the deal together at the front-end and during/after contract performance.
  2. Describe the significant aspects of the international treaties/conventions have on the sale of goods, formation of contracts, contract remedies, international trade terms, and methods of financing to assure payment and performance of international obligations.
  3. Explain International and major trading countries rules on trade law and the role and benefits of GATT and the WTO membership for the executive.
  4. Define basic unfair international trade practices.
  5. Describe the several methods of import and export regulation.
  6. Explain International marketing rules-of-the-road and the regulation and ethical issues associated with deciding how to conduct international business in an interdependent global economy.
  7. Describe the reasons and benefits of technology transfer agreements.
  8. Explain currency, trade, labor, environmental, taxation, and other risks/obligations in connection with executive decision-making for global businesses operating in a foreign environment.                                     
COURSE SCHEDULE
Session   Subject Chapter(s) of
Schaffer Book
Assignments
Day 1 Intro to Int’l Law/Business/Organizations

 

 

 

GATT/WTO

 

 


Unfair Trade
Subsidies/Dumping

Chapters 1-2

 

 

 

Chapters 9/11

 




Chapter 10

Initial Case  #1
Initial Case  #2

PowerPoint Lecture,
Chapters 1-2

Case Chap. 1-2 Case #1
Case Chap. 1-2 Case #2

PowerPoint Lecture,
Chapters 9/11

Case Chap. 9/11 Case #1
Case Chap. 9/11 Case #2
Case Chap. 9/11 Case #3
Case Chap. 9/11 Case #4

PowerPoint Lecture,
Chapter 10

Case Chap. 10 Case #1
Case Chap. 10 Case #2

Day 2 Theory & Practice of International


Dispute Resolution




Int'l Contract Formation

CISG/Bill of Lading/
INCOTERMS/

Letters of Credit

Chapter 3


Optional reading of “Negotiation”
Article


Chapters 4/5/7

PowerPoint Lecture,
Chapter 3

“Arbitration As An Executive Tool” PowerPoint Lecture

ADR Exercises

PowerPoint Lecture,
Chapters 4/5/7

Cases Chap. 4/5/7
Cases #1 & 2

Day 3 Carriage of Goods by Sea


US rulemaking on trade

Imports, Free Trade Agreements,
European Union, Exports

 


Regulation of Int’l Marketplace

Chapter 6


Chapter 8

Chapters 12-15

 



Chapters 16-22
Open Question/Discussion
on decision-making characteristics
of international executives

PowerPoint Lecture,
Chapter 6

PowerPoint Lecture,
Chapter 8

PowerPoint Lecture,
Chapters 12-15

Chap. 12-14 Case #1 & 2
Chap. 15 Case #1

PowerPoint Lecture,
Chapters 16-22

Chap. 16 Cases #1 & 2

BIBLIOGRAPHY

In addition to the many internet addresses in vu-graphs and texts, the following are provided so the student can supplement the subject matter knowledge gained from the course

August, Ray INTERNATIONAL BUSINESS LAW Prentice Hall Englewood Cliffs, NJ 1993

Ball, Donald A. INTERNATIONAL BUSINESS: THE CHALLENGE OF GLOBAL COMPETITION Irwin Chicago 1996

Bartlett, Christopher MANAGING ACROSS BORDERS Harvard Business School, Boston 1989

Brady, Neil F. (Ed) ETHICAL UNIVERSALS IN INTERNATIONAL BUSINESS Springer New York 1996

Cateora, Philip R. INTERNATIONAL MARKETING Irwin Homewood, IL 1993

Catlin, Linda B. INTERNATIONAL BUSINESS South-Western Cincinnati, OH 1994

Charkham, Jonathan KEEPING GOOD COMPANY Oxford University, New York 1994

Costa, Janeen Arnold; Bamossy, Gary J. (eds) MARKETING IN A MULTICULTURAL WORLD Sage Thousand Oaks, CA 1995

Crainer, Stuart, Ultimate Business Library: 50 Books That Shaped Management . New York: AMACOM, 1997.

Cronin, Kevin (ed) NATIONAL BOOK OF LISTS, 1992 Local Knowledge San Ramon, CA 1992

Culpan, Refik, (ed) MULTINATIONAL STRATEGIC ALLIANCES International Business New York 1993

Czinkota, Michael GLOBAL MARKETING IMPERATIVE NTC Business Lincolnwood, IL 1995

Czinkota, Michael R. GLOBAL MARKETING IMPERATIVE NTC Business Lincolnwood, IL 1995

Czinkota, Michael R. INTERNATIONAL MARKETING Dryden Forth Worth 1993

Daniels, John D. INTERNATIONAL DIMENSIONS OF CONTEMPORARY BUSINESS PWS-Kent Boston, MA 1992

Dixon, J. Robb. New Performance Challenge: Measuring Operations for World-Class Competition . Homewood IL: Dow Jones-Irwin, 1990.

Deming, W. Edwards.  Out of the Crisis . Cambridge, MA: MIT, 1986.

Dressler, G. Management: Leading people and Organizations in the 21st century .  Upper Saddle River, NJ: Prentice Hall, 1998.

Eiteman, David K.; Stonehill, Arthur MULTINATIONAL BUSINESS FINANCE Addison-Wesley Reading, MA 1979

Fisher, Roger. Getting Ready to Negotiate: The Getting to Yes Workbook . New York:  Penguin Books, 1995.

Grosse, Robert INTERNATIONAL BUSINESS Irwin Chicago, IL 1995

Gutterman, Alan S. LAW OF DOMESTIC AND INTERNATIONAL STRATEGIC ALLIANCES Quorum Westport, Conn 1995

Hall, Edward T. HIDDEN DIFFERENCES: DOING BUSINESS WITH THE JAPANESE Anchor Garden City, NY 1987

Harris, Philip R.; Moran, Robert T. MANAGING CULTURAL DIFFERENCES Gulf Houston 1991

Hirsch, William J. The Contracts Management Deskbook . New York:  AMACOM, 1983.

Hoffman, W. Michael Hoffman and Frederick, Robert E. Business Ethics (3rd ed).R.R. Donnelley & Sons Company, 1995

Jain, Subhash C. MARKET EVOLUTION IN DEVELOPING COUNTRIES International Business, New York 1993

Jennings, Marianne BUSINESS: ITS LEGAL, ETHICAL AND GLOBAL ENVIRONMENT (4th ed) South-Western College Publishing, Cincinnati, Ohio 1997

Kaynak, Erdener GLOBAL BUSINESS IBP New York 1993

Kaynak, Erdener; Ghauri, Pervez N. (eds) EUROMARKETING IBP New York 1994

Kenna, Peggy BUSINESS CHINA Passport Lincolnwood, IL 1994

Kenna, Peggy BUSINESS GERMANY Passport Lincolnwood, IL 1994

Kenna, Peggy BUSINESS ITALY Passport Lincolnwood, IL 1995

Kenna, Peggy BUSINESS MEXICO Passport Lincolnwood, IL 1994

Kenna, Peggy BUSINESS FRANCE Passport Lincolnwood, IL 1994

Kenna, Peggy BUSINESS SPAIN Passport Lincolnwood, IL 1995

Kenna, Peggy BUSINESS U.K.: A PRACTICAL GUIDE TO UNDERSTANDING BRITISH BUSINESS CULTURE Passport Books Lincolnwood, IL 1995

Kenna, Peggy BUSINESS JAPAN Passport Lincolnwood, IL 1994

Korda, Michael. Power!  How to Get It, and How to Use It.  New York:  Random House, 1995

Litka, Michael P. INTERNATIONAL DIMENSIONS OF THE LEGAL ENVIRONMENT OF BUSINESS South-Western Cincinnati, OH 1995

Logothetis, N. Managing for Total Quality from Deming to Taguchi and SPC. New York: Prentice Hall, 1992.

Morrison, Terri INTERNATIONAL TRAVELER'S GUIDE TO DOING BUSINESS IN LATIN AMERICA Macmillan Spectrum New York 1997

Nierenberg, Gerard I. (1973). Fundamentals of Negotiating. New York:  Hawthorn/Dutton.

Punnett, Betty Jane INTERNATIONAL BUSINESS PWS-Kent Boston 1992

Pitts, Joe W. (ed) NAFTA HANDBOOK: A PRACTICAL GUIDE FOR DOING BUSINESS UNDER NAFTA CCH Incorporated Chicago, IL 1994

Pun1 Czinkota, Michael R.; Rivoli, Pietra; Ronkainen, Ilkka A. INTERNATIONAL BUSINESS Dryden Forth Worth, TX 1992

Seelye, H. Ned CULTURE CLASH: MANAGING IN A MULTICULTURAL WORLD NTC Business Books Lincolnwood, IL 1995

Stoner, James A.F., R. Edward Freeman, and Daniel R. Gilbert, Jr.  Management . Englewood Cliffs, New Jersey, Prentice Hall, 1995.