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Explore Options; Plan Your MBA Academic Program

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MANAGEMENT<br />

MGMT 833<br />

Strategies and Practices of<br />

Family-controlled Companies<br />

Description: This course is designed for those persons who<br />

desire to understand the distinct strategies and practices of<br />

family-controlled companies and family wealth management.<br />

It will focus on shareholder decision making; financial and<br />

market driven options for long-run competitiveness, organizational<br />

structures and management team issues; strategic planning<br />

from a resource-based perspective; transition planning<br />

for the corporate entity, wealth, leadership and relationships;<br />

family dynamics and communication issues; and leadership<br />

empowerment. The course is intended for those who plan to<br />

consult or provide professional services to family-controlled<br />

companies and for those planning a career in a family firm.<br />

Format: The class is structured around topical lectures with<br />

frequent utilization of case studies requiring active participation<br />

in class case discussions, as well as on-site and off-site<br />

project work time, submission of several written case studies,<br />

and a term research project.<br />

Prerequisites: Open to Wharton <strong>MBA</strong> and Penn graduate<br />

students.<br />

MGMT 871<br />

Multinational Business Strategy<br />

Description: This course focuses on the creation of competitive<br />

advantage in the multinational firm. It examines the nature<br />

of global competition by exploring the characteristics of global<br />

vs. non-global industries and strategies that have been successful<br />

in a global context. The course also considers issues regarding<br />

make, vs. buy, sourcing, location decisions, and alliances<br />

— all issues related to designing and coordinating the global<br />

value chain for maximum advantage. Additionally, the course<br />

examines how firms attempt to build a national presence,<br />

including examining the market entry decision, the role of the<br />

country manager, as well as design and human resource management<br />

policies in the multinational firm.<br />

Format: See instructor.<br />

Prerequisites: See instructor.<br />

MGMT 875<br />

International Comparative Management<br />

Description: This course covers how firms from the US, Asia,<br />

Europe and Latin America adapt to different countries and<br />

operate in the global economy. The complexities of a world of<br />

nation-states and trade blocs produce both opportunities and<br />

challenges to firms operating across national boundaries. Most<br />

recently, however, globalization has tended to delete national<br />

boundaries in selective ways and has created new managerial<br />

challenges. This course intends to provide the future international<br />

manager with a broad view of the factors underlying international<br />

and global business success through an understanding<br />

of the relevant comparative, cross-national differences. The<br />

emphasis will be placed on providing students with concepts,<br />

techniques, and factual knowledge useful for their careers in<br />

international and global business management.<br />

54<br />

MGMT 891-900 (.25 cu)<br />

Curricular Practical Training<br />

Description: This class has been developed for <strong>MBA</strong> students<br />

who are about to enter their second year and who will<br />

be doing a summer work internship in a country other than<br />

their home country or will be doing an unpaid summer work<br />

internship. Students enrolled in MGMT 891 will undergo an<br />

assessment of their leadership and communications skills followed<br />

with daily lessons and assignments in developing areas<br />

of need. These lessons focus on areas such as: managing work<br />

and time effectively, effective communication, and identifying<br />

and developing talent. Through the lessons and assignments,<br />

students are testing their learning while at work, incorporating<br />

successful lessons and refining or discarding others. The goal of<br />

this course is to make students more aware of their behaviors as<br />

well as to shape their behavior for greater impact and efficacy.<br />

The course focuses on two of the following key learning areas<br />

(which two depends on the placement test results):<br />

1. Managing Work and Time Effectively<br />

2. Focus on Results<br />

3. Effective Communication<br />

4. Engaged Listening<br />

5. Constructive Conflict Resolution<br />

6. Rapport and Diplomacy<br />

7. Negotiating<br />

8. Business Knowledge<br />

9. Assessing and Growing Talent<br />

10. Inspiring Peak Performance<br />

11. Strategic Thinking<br />

12. Balanced Leadership<br />

This online course delivers one lesson per 24-hour period.<br />

Lessons cannot be sped up. The nature of this course is to integrate<br />

work and learning. The deadline for final completion of<br />

all assignments will be announced and will be final.<br />

Format: Online course; daily assignments. Introduction and<br />

placement module, skill-based modules equaling 40 total lessons.<br />

The number of modules will vary based on the amount<br />

of lessons within your chosen modules; however, you must<br />

complete 40 total lessons. Please note that each module may<br />

contain an assessment test.<br />

Prerequisite: Attendance at orientation seminar in late spring.<br />

MGMT 891<br />

Advanced Study Project for<br />

Strategic Management<br />

Description: ASP topics can be individually selected by the<br />

student with the advice and consent of any instructor in the<br />

Management Department. All ASP registrations require the<br />

written consent of the instructor and department number on<br />

the registration form. Students should see the assistant for<br />

course scheduling in the Management Department to receive<br />

section numbers. If the proper approval is not obtained, registration<br />

is not valid.

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