Module overview
The module introduces key theories of international business, including the determinants and the impact of international trade, foreign market entry strategy and regional integration. This theoretical understanding will then be illustrated and examined by reference to the way multinational companies develop and implement their international strategies. Particular attention will be devoted to the role played by the international business environment and to key strategic management issues such international marketing and HR strategies.
Aims and Objectives
Learning Outcomes
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- work effectively in groups and recognise problems associated with group working.
- communicate ideas and arguments fluently and effectively in a variety of written formats;
- explain the behaviour of people within and across different cultures;
- develop a holistic critical perspective on an international business and an understanding of how different units operating across countries interact with each other in order accomplish the organizational goals;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- critically evaluate current strengths and weakness of firm-level competitive and corporate strategy in the growing change of international business environment change.
- appraise concepts, models and analytical frameworks of strategic management and apply them to international contexts;
- solve critical problems applying clear, systematic and practical critical thinking about a range of international business strategy issues e.g. market entry, international marketing or HR strategies;
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- the role of international trading and regulatory institutions and their complex interaction with firm strategy.
- the major theories of international trade, foreign direct investment and regional integration;
- the opportunities and challenges encountered by a company doing business beyond domestic borders;
Syllabus
- The historical development and the current pattern of international business
- The international institutional environment including social, cultural, financial, economic and political systems
- International trade theories
- Foreign market entry strategies
- International marketing
- International human resource management
- Doing business in developed and emerging countries
- Regional economic integration
- The global monetary system
- New opportunities and challenges in the global industry
- International technology transfer and competitiveness
Learning and Teaching
Teaching and learning methods
The module will be primarily lecture-based. It will also involve group activities/discussion, open debate, case studies, games and videos. You will be expected to actively participate in the learning process.
Type | Hours |
---|---|
Preparation for scheduled sessions | 20 |
Lecture | 24 |
Completion of assessment task | 30 |
Seminar | 10 |
Follow-up work | 20 |
Revision | 16 |
Wider reading or practice | 30 |
Total study time | 150 |
Resources & Reading list
Textbooks
Rugman, A. M (2005). The regional multinationals: MNEs and 'global' strategic management. Cambridge: Cambridge University Press.
Bartlett, C. A., and Beamish, P. W. (2018). Transnational management: Text and cases in cross-border management. Cambridge: Cambridge University Press.
Hill, C. W., and Hult, G. T. (2019). International business: Competing in the global market place. New York: McGraw-Hill/Irwin.
Assessment
Assessment strategy
Your progress is assessed through group coursework and exams
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Class Exercise
- Assessment Type: Formative
- Feedback:
- Final Assessment: No
- Group Work: No
Group Case Study
- Assessment Type: Formative
- Feedback: Feedback from tutor
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Group report | 30% |
Examination | 70% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Examination | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Examination | 100% |
Repeat Information
Repeat type: Internal & External