IB9LK-15 International Business
Introductory description
The main aim is to build on participants’ knowledge of the global economic and business environment and link this to strategies for managing in changing global contexts.
Module aims
The main aim is to build on participants’ knowledge of the global economic and business environment and link this to strategies for managing in changing global contexts. Key questions are: How do changes in this environment affect the ways in which companies do business and managers manage across borders: How should firms and individual managers respond (in theory)? How can they respond (in practice)?
Topics will include: the drivers and processes of internationalisation, cross-cultural management challenges, the assessment of overseas investment opportunities and the specific challenges of emerging markets.
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 Multinational Enterprise
Trade and Foreign Direct Investment
Global and Regional Integration, International Financial Markets and Institutions
International Culture
Global Competitive Advantage
Global Multinational Enterprise (MNE) Strategy and Structure
Selecting the Market and Entry Mode, Cross-Border Mergers and Acquisitions
Culture, Negotiation Strategy
Emerging Economies and Risk Assessment
International Joint Ventures
International Corporate Governance
Learning outcomes
By the end of the module, students should be able to:
- Demonstrate an understanding of the main theories explaining patterns, processes and practices of internationalisation.
- Demonstrate an understanding of how global economic government institutions act as important influences on the strategic options facing international firms.
- Demonstrate a greater knowledge of emerging markets.
- Critically appraise an appropriately select analytical frameworks (e.g. those which explain and predict country investment (FDI) attractiveness).
- Critically evaluate the strengths and weaknesses, and the threats and opportunities, for a firm in a particular global industry context.
- Select and apply specific analytical frameworks from a range of approaches that help solve common international management problems.
- Critically assess the sources of relative national comparative advantage and how these relate to the competitive advantages of multinational firms.
Indicative reading list
Core text: Rugman, A.M. and Collinson, S.E. (2009) International Business (5th edn) Harlow: FT Prentice Hall.
Additional background reading: Bartlett, C.A.; Ghosal, S. and Beamish, P. (eds) (2008) Transnational Management: Text, Cases and Readings in Cross-Border Management (5th edn) Maidenhead: McGraw-Hill.
Dicken, P. (2007) Global Shift: Mapping the changing Contours of the World Economy (5th edn) London: Sage Publications.
Rugman, A.M. and Brewer, T.L. (eds) (2001) The Oxford Handbook of International Business Oxford: Oxford University Press.
Subject specific skills
Perform a country analysis and develop a market-entry strategy.
Apply country analysis and investment risk appraisal techniques.
Conduct online research into changing opportunities for international business investment and restructuring.
Recommend an international corporate strategy and an appropriate global organisation structure.
Develop and manage global innovation networks.
Transferable skills
Demonstrate developed presentation and teamwork skills.
Study time
| Type | Required |
|---|---|
| Lectures | 9 sessions of 3 hours (18%) |
| Private study | 123 hours (82%) |
| Total | 150 hours |
Private study description
Private Study and preparation for lectures
Costs
No further costs have been identified for this module.
You do not need to pass all assessment components to pass the module.
Assessment group A
| Weighting | Study time | Eligible for self-certification | |
|---|---|---|---|
Assessment component |
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| Individual Assignment | 80% | Yes (extension) | |
Reassessment component is the same |
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Assessment component |
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| Group Presentation | 20% | No | |
Reassessment component is the same |
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Feedback on assessment
Assessments are graded using standard University Postgraduate Marking Criteria and written feedback is provided. Feedback for individual essays includes comments on a marksheet.
Courses
This module is Optional for:
- Year 1 of TIBS-N1F5 Postgraduate Taught Business and Finance
- Year 1 of TIBS-N1F1 Postgraduate Taught Business with Accounting and Finance
- Year 1 of TIBS-N1F2 Postgraduate Taught Business with Consulting
- Year 1 of TIBS-N1F3 Postgraduate Taught Business with Marketing
- Year 1 of TIBS-N1QG Postgraduate Taught Business with Operations Management
- Year 1 of TIBS-N2N3 Postgraduate Taught Management
- Year 1 of TIBS-G5N4 Postgraduate Taught Management of Information Systems and Digital Innovation