BMGT3013S Governing Intl Business Env

Academic Year 2023/2024

The appropriate venue for the governing of the international business environment became particularly relevant with the globalization of business in goods and services through trade, foreign direct investment and outsourcing; facilitated by technological change and the liberalization of financial markets. Single nation states were found wanting in regard to the scope of their legal jurisdiction and their political impartiality. Groups of nation states, business federations, private and public companies and non-governmental organizations have come together in a variety of forums to cooperate on best practice and standards. Examples include multilateral and bilateral trade bodies - the World Trade Organization, the European Union, the North American Free Trade Agreement, ASEAN; international financial networks - the G20 and G7 groups of nations, the International Monetary Fund and the Basel Committee on Banking and Regulation and Supervisory Practices; environmental bodies - United Nations Environment Programme, Environmental Protection Agencies; and sector specific bodies, International Organization for Standardization, the World Petroleum Council.
The structures, power and membership of these organizations and forums varies considerably, influenced by the policy area, governments, business significance and timing. The recent phases of recession across the world and the financial crisis have brought into focus the role of the International Monetary Fund and the Basel Committee while the negotiation of multinational trade agreements and the role of the World Trade Organization have faltered.

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Curricular information is subject to change

Learning Outcomes:

On completing this module, participants will be expected to be able to

1. identify and describe the key bodies responsible for the governance of various aspects of the international business environment with particular reference to policy areas of trade, finance and the environment;
2. distinguish and categorize the different types of international organizations and forums e.g in respect to their structures, membership, remit and power.
3. research, prepare and write an academic essay critically assessing the interplay of political stakeholders and business in the governance of the international business environment.

Student Effort Hours: 
Student Effort Type Hours
Lectures

20
Specified Learning Activities

85
Autonomous Student Learning

102
Total

207
Approaches to Teaching and Learning:
Students will attend classes for this module and have the opportunity to engage in active learning during these sessions. There will be in-class discussion and group work to analyse module concepts. Where appropriate, the module will incorporate case based learning 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Examination 2 hour End of Trimester Exam No Graded No

60
Assignment: Main Assignment Varies over the Trimester n/a Graded No

40

Carry forward of passed components
No
 
Remediation Type Remediation Timing
Repeat Within Two Trimesters
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

General feedback is provided to students on all their submitted assessment components.

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
 

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