Module Information
Module Identifier
MMM7820
Module Title
International Business
Academic Year
2014/2015
Co-ordinator
Semester
Semester 2
Other Staff
Course Delivery
| Delivery Type | Delivery length / details |
|---|---|
| Lecture | 10 x 4 hours |
| Seminars / Tutorials | 5 x 2 hours |
Assessment
| Assessment Type | Assessment length / details | Proportion |
|---|---|---|
| Semester Assessment | 3,000 word essay | 40% |
| Semester Exam | 3 Hours | 60% |
| Supplementary Assessment | Repeat failed elements or equivalent | 40% |
| Supplementary Exam | 3 Hours Repeat failed elements or equivalent | 60% |
Learning Outcomes
On successful completion of this module students should be able to:
Explain key concepts in international business (for example, FDI, PTA, MFN)
Evaluate information about a firm and its international context
Recommend international aspects of organizational strategy to senior management
Apply theories of international investment to business decisions
gain a firm understanding of how the world economy operates and how it impacts on the strategies of both national and multinational companies.
Content
Introduction to International Business
What is international business
Key concepts in international business
From internationalization to globalization
International Trade Systems
Historical perspectives on the global economy
Regulation of international trade: the WTO
MFN, National Treatment
Regional Economic Integration
Regional and preferential trade agreements
Firm strategy and regionalism
South-South trade
Strategies and structures firms operation across borders
From domestic to international to trans-national strategies
Stages in the internationalization process
Strategic management theory and the internationalization process
International Market Entry Strategies
Foreign direct investment
Entry mode
Strategic alliances
Global Sourcing and Emerging Markets
Overview of supply chain and value networks
Evolution of emerging markets
Technology and supply chain in an international context
What is international business
Key concepts in international business
From internationalization to globalization
International Trade Systems
Historical perspectives on the global economy
Regulation of international trade: the WTO
MFN, National Treatment
Regional Economic Integration
Regional and preferential trade agreements
Firm strategy and regionalism
South-South trade
Strategies and structures firms operation across borders
From domestic to international to trans-national strategies
Stages in the internationalization process
Strategic management theory and the internationalization process
International Market Entry Strategies
Foreign direct investment
Entry mode
Strategic alliances
Global Sourcing and Emerging Markets
Overview of supply chain and value networks
Evolution of emerging markets
Technology and supply chain in an international context
Brief description
The course provides an overview of the main themes of international business, notably the economic context, phases and modes of internationalization and the place of foreign operations in broader corporate and organizational strategy.
Module Skills
| Skills Type | Skills details |
|---|---|
| Application of Number | All students will be expected to read and manipulate economic and financial data where appropriate. |
| Communication | It can be expected that many of the reports will involve interviews and other forms of interaction with business, non-governmental organizations and government agencies. |
| Improving own Learning and Performance | Students will improve their learning by undertaking directed but independent study and work. Time management will be crucial in preparation for the assessments. |
| Information Technology | It will be expected that students will make extensive use of IT in the research and preparation of their reports. For example, students may choose to use electronic library databases. |
| Personal Development and Career planning | The module provides content which may prove highly valuable for students in their later careers. Knowledge and understanding of contemporary issues in the international business as well as research skills developed in connection with the preparation of assessed individual coursework contribute to transferable skills. |
| Problem solving | The module demands the participants to apply analytical skills to reason and understand a specific organisational problem or issue. By introducing a variety of theoretical as well as empirical topics, the module enables students to develop creative thinking approaches to problem solving and to critically evaluate potential solutions to complex and challenging problems. |
| Research skills | Students will make decisions about research methods and the use of appropriate sources. |
| Subject Specific Skills | In this case, subject specific skills are completely embodied in 1-8 in that the central purpose of this module it to develop and assess research and analytical skill • Communication skills • Presentation skills • Report writing • Leadership skills • Research skills • Self-management • Analytical skills |
| Team work | In this context, teamwork may refer more broadly to interpersonal skills necessary to complete the research. An example would be interpersonal skills associated with, for example, the conduct of a focus group |
Notes
This module is at CQFW Level 7