The strategic investment issues of cost of capital and capital budgeting and the financing issue of capital structure and dividend policy are examined. The tactical issues of securities issuance and alternative financing arrangements are explored. This course consists of an overview of the environmental framework in which global firms operate. The course focuses on the opportunities and issues of entry into global markets and operation of global firms. These issues will be explored within the context of the economic, financial, governmental, cultural and social environment.
Students travel overseas with a group to gain practical experience in an international environment.
Prior to departure, students research the country and businesses to be visited to gain a better understanding of the working environments of their host. Once in the country, students explore and visit cultural, social, educational, and business environment in the one-week visit. A final class project, based on the student's research and experience is required. This course is focused on design, integration, and improvement of the interrelated work activities that combine to produce an organization's products or services. Topics include product and service design, process design and improvement, process technology, process planning and scheduling, strategies for dealing with fluctuating demand, procurement and supply management, and management of people.