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Curricular information is subject to change
By the end of this module, students should be able to:
1. Understand and assess the drivers and consequences of globalization; compare and contrast different political, legal, and economic systems and technological forces; understand and appreciate the need for ethics, culture and social responsibility in international business.
2. Describe and apply the concept of foreign direct investment and global and regional integration in the context of global business.
3. Integrate and apply the basic elements of international strategic management and the specialized strategies required for emerging economies and for international new ventures, including the modes of entry and methods used to analyze and assess economic and political risk in developed and developing countries.
1. Understand and assess the drivers and consequences of globalization, its impact on specific regions, and the emerging concerns about its influences on countries around the world.
2. Compare and contrast different political, legal, and economic systems and technological forces and their impact on international business.
3. Understand and appreciate the need for ethics and social responsibility in international business, and the growing pressures on firms to act in an ethically and socially responsible manner in their global business operations.
4. Explain and understand the challenges of trading internationally, investing abroad directly and dealing with foreign exchange rates.
5. Describe the challenges and apply the most important elements of entering foreign markets.
6. Compare and contrast the modes of entry and the basic choices for organizing firms involved in international business and describe the conditions under which specific entry modes and organizational structure are most effective.
7. Integrate and apply the basic elements of international strategic management, including the pressures and cost/benefits of strategies that emphasize global integration versus local adaptation; describe the specialized strategies required for emerging economies and for international new ventures.
8. Describe methods used to analyze and assess political risk and how MNCs apply those methods as they attempt to manage the level of political risk in developed and developing countries, appreciate the broader efforts firms make to manage their relations with host governments, and discuss the various options for managing alliances and joint ventures, especially those in which host governments are involved.
9. Understand the importance of marketing and supply chain management in global business.
10. Understand the tools and techniques used to provide motivation and incentives for employees across cultures, including compensation, benefits, work teams, and other approaches.
11. Understand and describe the practices for recruiting, selecting, training and deploying employees internationally, including the challenges of expatriate placement and repatriation.
|Student Effort Type||Hours|
|Autonomous Student Learning||
Not applicable to this module.
|Description||Timing||Component Scale||% of Final Grade|
|Continuous Assessment: Individual Class Participation, Homework||Throughout the Trimester||n/a||Graded||No||
|Presentation: Groups presentations of assigned case studies.||Throughout the Trimester||n/a||Graded||Yes||
|Group Project: Group Project and Project Presentation||Coursework (End of Trimester)||n/a||Graded||Yes||
|Essay: Final Exam-Essay||Week 12||n/a||Graded||Yes||
|Remediation Type||Remediation Timing|
|Repeat||Within Two Trimesters|
• Group/class feedback, post-assessment
• Peer review activities
Group/class feedback will be provided by the end of the semester.
|Small Group||Offering 1||Week(s) - Autumn: All Weeks||Wed 15:00 - 16:50|
|Small Group||Offering 1||Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33||Thurs 11:00 - 12:50|