BSc Management (Innovation, Strategy and Entrepreneurship)
Year of entry: 2024
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Course unit details:
International Business
Unit code | BMAN24312 |
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Credit rating | 20 |
Unit level | Level 2 |
Teaching period(s) | Semester 2 |
Available as a free choice unit? | No |
Overview
This course unit introduces students to the background to and the key issues of International Business (IB). The first part introduces and explains the concept of international, the phenomenon of the multinational enterprise (MNE), and the two leading analytical perspectives in international business, the institution-based view and the resource-based view. The second part introduces students to relevant issues in the international economic and political context, ranging from international trade to foreign direct investment and regional economic and political integration. The third part discusses the processes of starting and developing an international business, while the fourth part of the course looks at the functioning of MNEs, introduction of Corporate Social Responsibility, and investigating the issues related to CSR and international people management.
Pre/co-requisites
None
Aims
This course aims to provide students with the analytical techniques, conceptual approaches and empirical evidence relevant to understanding the role of international business in the global economy. The module will introduce students to environmental forces and actors that help to shape the macro and micro environment for international businesses. It will examine how these forces and actors may shape business strategy and operations in the modern global economy.
Learning outcomes
• Knowledge and understanding: Fundamental understanding of the foundations, motives, means and mechanics of international business. Ability to recognize the relevance of institutions and culture as well as of organizational resources and capabilities for management in an international environment.
• Intellectual skills: Development of critical thinking and problem solving skills. Ability to analyse cases and make critical judgments. Ability to articulate and critically evaluate the precepts provided by conventional wisdom to produce bespoke management tools.
• Practical skills: Ability to analyse case studies, apply core skills developed in earlier courses, and evaluate different policy options in international management.
Syllabus
Part 1: FOUNDATION OF INTERNATONAL BUSINESS
• Introduction to the course, key concepts in international business
• European Integration and Global Integration
• Formal Institutions and Informal Institutions
Part 2: THE FIRM ON THE GLOBAL STAGE
• International Trade and Foreign Direct Investment
• Globalisation, Outsourcing and Value Chain Dynamics
• Modes of International Operations
• Strategic Alliances and Networks
Part 3: OPERATIONS IN THE GLOBAL MNE
• Building Global Strategies, Organizing Multinational Enterprises
• CSR
• International Human Resource Management
• CSR (2) and Multinational Enterprises, Course Overview
Teaching and learning methods
The course will be delivered through a series of lectures and seminars.
11 weeks of 2-hour lectures (1 week - 3 hours)
2 self assessment tests (2 hours)
5 weeks of 1-hour seminars
Employability skills
- Analytical skills
- The course also improves the analytical skills of students. Knowledge and understanding of IB as well as the acquired analytical skills will have a positive impact on the student's employability and career opportunities as managers and business leaders in a globalized environment.
Assessment methods
Summative: Group coursework - (20%);
Examination: Examination (80%)
Feedback methods
Lecturer feedback on formative assessments during the seminars
Feedback on the assessment will be posted by the course co-ordinator on the course’s Blackboard page.
Recommended reading
Peng, M. W., & Meyer, K. (2011). International Business. Mason: Cengage Learning.
Additional readings will be posted for each lecture topic.
Study hours
Scheduled activity hours | |
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eAssessment | 2 |
Lectures | 23 |
Seminars | 5 |
Independent study hours | |
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Independent study | 170 |
Teaching staff
Staff member | Role |
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Zibang Chen | Unit coordinator |
Yusuf Kurt | Unit coordinator |
Additional notes
Pre-requisites: None
Co-requisites: None
Dependent courses: None
Programme Restrictions: This course is available to students on the following programmes:
Core course for:
• BSc International Management
• BSc Management (International Business Economics)
Optional for:
• BSc International Management with American Business Studies
• BSc International Business Finance and Economics
• All other BSc Management / Management (specialism)
For Academic Year 2023/24
Updated: March 2023
Approved by: March UG Committee