ET918-10 International Business
Introductory description
This is an option module for students interested in business. It is a pre-requisite for the Term 2 options Management across Cultures and Marketing across Cultures.
Module aims
This module provides a strategic and global introduction to the main features of the international business environment and intercultural influences. You will be introduced to the strategic features and complex intercultural issues of the global business environments. You will gain an understanding of major trends in international business with a particular focus on globalisation and the factors influencing international investment and trade.
Outline syllabus
This is an indicative module outline only to give an indication of the sort of topics that may be covered. Actual sessions held may differ.
- Globalisation; and varieties of capitalism
- Foreign Direct Investment and international trade
- Emerging market economies: their macro environments
- International competitive advantage: Nations and firms
- The role of cultures in international business strategy
- Multinational / transnational enterprises' structures and cultures
Learning outcomes
By the end of the module, students should be able to:
- The module aims at developing your capacity to critically evaluate ideas about the internationalisation processes of business, and an awareness of the intercultural challenges of implementing international business strategies. Intercultural skills relevant to managing these challenges will be introduced and applied to case studies.
Indicative reading list
Bartlett, C. A., Ghoshal, S. and Birkinshaw, J (eds.) (2008) Transnational Management: Text, Cases and Readings in Cross-Border Management (5th edn.) Irwin McGraw-Hill
Dicken. P. (2007) Global Shift: Reshaping the Global Economic Map in the 21st Century (5th Edition), Sage
Mead. R. and Andrews, T. G. (2009) International Management: Cultural and Beyond, John Wiley & Sons.
Rugman, A. M. and Brewer, T. L. (eds.) (2001) The Oxford Handbook of Internmonal Business. Oxford University Press
Rugman, A. M. and Collinson, S. (2009) International Business (5th edn.), Financial Times, Pearson Education, Prentice Hall, Harlow.
UNCTAD (2002) World Investment Report, United Nations Commission on Trade and Development, Geneva. www.unctad.orq Chapter V
International
This module requires students from diverse backgrounds to work together towards a common goal. By doing so they do not only draw on their knowledge obtained in the module, but also engage in intercultural communication. Developing solutions together for problems of international nature is a core theme of this module. The group project emulates a real-life scenario of working in an internationalising organisation and offering advice on how to enter foreign, culturally-different markets. Especially, students will learn to understand, analyse and interpret foreign markets from multiple angles, including a cultural, economic and legal perspective, using widely used frameworks to organise and systematise their analysis. Students learn to critically engage and articulate challenges faced in a VUCA world.
Subject specific skills
For example: laboratory skills; scientific support writing; research skills and methods.
Transferable skills
Key Skills:
Communication (written, verbal, graphical...)
Numeracy
Use of information technology (e.g. WP, www, databases, spreadsheets, specialist packages)
Ability to learn
Others (e.g. teamwork)
Cognitive Skills:
For example: ability in critical analysis; the ability to formulate and test concepts and hypotheses.
Study time
Type | Required |
---|---|
Lectures | 8 sessions of 2 hours (16%) |
Private study | 84 hours (84%) |
Total | 100 hours |
Private study description
Guided independent study and reading for assignment, equivalent to around 80 hours.
Costs
No further costs have been identified for this module.
You must pass all assessment components to pass the module.
Students can register for this module without taking any assessment.
Assessment group A2
Weighting | Study time | Eligible for self-certification | |
---|---|---|---|
Assessment component |
|||
Group Assignment | 100% | Yes (extension) | |
Reassessment component is the same |
Feedback on assessment
A feedback sheet which includes:\r\n- portfolio assessment of competences;\r\n- numbered comments on assignment;\r\n- summative percentage grade
Courses
This module is Optional for:
- Year 1 of TETS-X9PL Postgraduate Diploma in Intercultural Communication for Business and the Professions
- Year 1 of TETS-X9PM Postgraduate Diploma in Intercultural Communication for Business and the Professions
- Year 1 of TIMA-L981 Postgraduate Social Science Research
- Year 1 of TETS-X9PJ Postgraduate Taught Intercultural Communication for Business and the Professions
This module is Option list B for:
- Year 1 of TETS-X9PJ Postgraduate Taught Intercultural Communication for Business and the Professions