{"title":"两张有很多故事的图表:将金融学纳入全球战略教学","authors":"A. Inci, Hakan Saraoglu","doi":"10.1080/08975930.2019.1698396","DOIUrl":null,"url":null,"abstract":"ABSTRACT In this paper, we propose two diagrams, the corporate strategic framework diagram and the free cash flow diagram, to teach students how the finance function is integrated to other business functions in a multinational corporation. We recommend the diagrams as pedagogical tools in the context of a widely used management simulation software, Business Strategy Game (BSG). We provide specific examples of their use to enhance the effectiveness of the simulation experience, to motivate the students to follow current events in international business more closely, and to connect the simulation to real-world business situations. The formulation and implementation of global strategy are complex processes and can benefit from a structured framework. Methods that use the proposed diagrams in teaching international business provide the necessary framework to students in an experiential setting and enhance their learning. Using evaluation scores from end-of-semester business reports, we demonstrate that students’ learning of the global strategy-making process improved from semester to semester as these methods were gradually implemented in our classes.","PeriodicalId":45098,"journal":{"name":"Journal of Teaching in International Business","volume":"30 1","pages":"314 - 341"},"PeriodicalIF":0.7000,"publicationDate":"2019-10-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08975930.2019.1698396","citationCount":"2","resultStr":"{\"title\":\"Two Diagrams with Many Stories: Incorporating Finance into Teaching Global Strategy\",\"authors\":\"A. Inci, Hakan Saraoglu\",\"doi\":\"10.1080/08975930.2019.1698396\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"ABSTRACT In this paper, we propose two diagrams, the corporate strategic framework diagram and the free cash flow diagram, to teach students how the finance function is integrated to other business functions in a multinational corporation. We recommend the diagrams as pedagogical tools in the context of a widely used management simulation software, Business Strategy Game (BSG). We provide specific examples of their use to enhance the effectiveness of the simulation experience, to motivate the students to follow current events in international business more closely, and to connect the simulation to real-world business situations. The formulation and implementation of global strategy are complex processes and can benefit from a structured framework. Methods that use the proposed diagrams in teaching international business provide the necessary framework to students in an experiential setting and enhance their learning. Using evaluation scores from end-of-semester business reports, we demonstrate that students’ learning of the global strategy-making process improved from semester to semester as these methods were gradually implemented in our classes.\",\"PeriodicalId\":45098,\"journal\":{\"name\":\"Journal of Teaching in International Business\",\"volume\":\"30 1\",\"pages\":\"314 - 341\"},\"PeriodicalIF\":0.7000,\"publicationDate\":\"2019-10-02\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1080/08975930.2019.1698396\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Teaching in International Business\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1080/08975930.2019.1698396\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"EDUCATION & EDUCATIONAL RESEARCH\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Teaching in International Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/08975930.2019.1698396","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"EDUCATION & EDUCATIONAL RESEARCH","Score":null,"Total":0}
Two Diagrams with Many Stories: Incorporating Finance into Teaching Global Strategy
ABSTRACT In this paper, we propose two diagrams, the corporate strategic framework diagram and the free cash flow diagram, to teach students how the finance function is integrated to other business functions in a multinational corporation. We recommend the diagrams as pedagogical tools in the context of a widely used management simulation software, Business Strategy Game (BSG). We provide specific examples of their use to enhance the effectiveness of the simulation experience, to motivate the students to follow current events in international business more closely, and to connect the simulation to real-world business situations. The formulation and implementation of global strategy are complex processes and can benefit from a structured framework. Methods that use the proposed diagrams in teaching international business provide the necessary framework to students in an experiential setting and enhance their learning. Using evaluation scores from end-of-semester business reports, we demonstrate that students’ learning of the global strategy-making process improved from semester to semester as these methods were gradually implemented in our classes.
期刊介绍:
The Journal of Teaching in International Business instructs international business educators, curriculum developers, and institutions of higher education worldwide on methods and techniques for better teaching to ensure optimum, cost-effective learning on the part of students of international business. It is generally assumed that the teaching of international business is universal, but that the application of teaching methods, processes, and techniques in varying socioeconomic and cultural environments is unique. The journal offers insights and perspectives to international business educators and practitioners to share concerns, problems, opportunities, and solutions to the teaching and learning of international business subjects.