Gwybodaeth Modiwlau

Module Identifier
ECM4210
Module Title
International Business: Opportunities and Risks
Academic Year
2020/2021
Co-ordinator
Semester
Intended for use in future years
Pre-Requisite
Pre-Requisite
ECM4110 or

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Individual Report  30%
Semester Exam 2 Hours   70%
Supplementary Exam 2 Hours   resit exam or resubmit failed element(s)  100%

Learning Outcomes

On 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;
  • interpret statistics;
  • present material both orally and in written form;
  • manage their time;
  • carry out independent tasks;
  • work in groups.

Aims

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.

Brief description

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.

Content

Introduction
The process of internationalisation
The role of trading houses
Multinationality and location
Joint ventures, mergers and acquisitions
Payments systems and methods
Dispute resolution
Financial risks and risk transfer

Transferable skills

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.


Notes

This module is at CQFW Level 7