Later classes stress implementation. Skills in analysis and integration are developed. The course stresses the application of theories to international finance. Ways to increase value and to assess and manage risk are considered. Managers increasingly need to be aware of potential threats and opportunities in the social and political environment of business.
Regulation is a fact of life.
The course includes a field trip to Austin and a Washington D.C. experience. Other concerns addressed include new forms of competition and learning, lead-user technology, pioneering and the diffusion of innovation, and quality. Methods used include cases and lectures. The course provides an overview of applications of management science and operations research methods to the analysis of real-world decision problems. The key ideas of management science that have proven to be relevant to managers, with strong emphasis on modeling, are presented.