|| ECM4210 |
|| INTERNATIONAL BUSINESS: OPPORTUNITIES AND RISKS |
|| 2007/2008 |
|| Mrs Sangeeta Khorana |
|| Semester 2 |
|| MBM1010 , ECM4110 or |
| Course delivery
|| Seminars / Tutorials || 6 Hours. |
|| Lecture || 1 Hours. |
|Assessment Type||Assessment Length/Details||Proportion|
|Semester Exam||2 Hours ||70%|
|Semester Assessment|| Individual Report||30%|
|Supplementary Assessment||2 Hours resit exam or resubmit failed element(s)||100%|
Learning outcomesOn successful completion of this module students should be able to:
have and understand a specific body of knowledge;
be able to analyse and think critically;
present material both orally and in written form;
manage their time;
carry out independent tasks;
work in groups.
To provide students with both subject specific and transferable skills. It also seeks to enable students to assess the global environment and analyse international markets and industries. More specifically it will focus on the problems involved in going international; the entry modes; financial management aspects as well as risk management by assessing and evaluating the risks involved when transacting business across the national boundaries.
The intention of this module is to equip students with a thorough understanding of the main opportunities and risks that firms face when making decisions to operate internationally. Specific issues covered include the mode of internationalisation, ie, direct and indirect exporting, multinationality, joint ventures, mergers and acquisitions, payment and exchange rate risks, risk assessment and arbitration procedures.
The process of internationalisation
The role of trading houses
Multinationality and location
Joint ventures, mergers and acquisitions
Payments systems and methods
Financial risks and risk transfer
More specifically by taking this module students will enhance several transferable skills. Attendance at lectures should help note taking and inculcate critical thinking. Essay writing will enhance writing as well as time management skills and problem solving. Classroom participation and presentations will enhance teamwork, communication and presentational skills and reinforce further time management skills. The inclusion of web sites and encouragement to use the library fully should help to enhance basic IT and research skills.
** General Text
Rugman, Alan M (Jan. 2006) Rugman:International Business_P4
Pearson Education, Limited 0273701746TRADEPAPER
Stonehouse, G, Campbell, D., Hamill, J and Purdie, T. (c2004.) Global and transnational business :strategy and management /George Stonehouse ... [et al.].
Wall, Stuart (2004.) International business /Stuart Wall, Bronwen Rees.
Financial Times/Prentice Hall 0273685910PBK
** Essential Reading
Hill, C. W. L. International Business
6th Edition. Irwin McGraw-Hill 00711091293
** Recommended Text
Ball, D. A, McCulloch, W. H, Frantz, P. L, Geringer, M and Minor, M. S. (2004) International Business: The Challenge of Global Competition
5th Edition. Irwin McGraw-Hill 0071115366
Bodie, Z and Merton, R (2000) Finance
1st Edition. Prentice Hall 0130151025
Kerr, W. A. and Perdikis, N. (2003) The Economics of International Business
Chapman and Hall 041260860X
This module is at CQFW Level 7