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| Module Availability |
| Autumn |
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| Assessment Pattern |
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Unit(s) of Assessment
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Weighting Towards Module Mark (%)
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Exam
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100
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| Module Overview |
| The world-wide political and economic liberalization and continuous technology improvement in the last three decades have brought unprecedented flows of goods, services, labour and capital across national boundaries. International business today comprises a larger and ever growing portion of the world’s business and global events and competition affects almost all companies. A company operating internationally will engage in modes of business that are different from those it is accustomed to domestically. International business management is the process of applying management concepts, theories, and techniques in a multinational environment so that firms can become and remain international in scope. Moreover, a comparative view of management and organization in internationally operating firms is provided to understand these processes in details |
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| Prerequisites/Co-requisites |
None |
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| Module Aims |
The objective of this course is to provide a framework for understanding and managing key issues in international business. Specific learning targets include:
- To identify and understand the drivers of globalization and its implications to different agents
- To describe major theories of foreign direct investment and evaluate their theoretical weaknesses and strengths in relating to historical patterns of FDI
- To develop the ability to evaluate the attractiveness of foreign markets and formulate effective entry strategies for multinational enterprises
- To utilize theories and concepts to make recommendations in the areas of international strategy, international HR, and international production.
- To develop a comparative perspective of international business and management by understanding the impact of different institutional settings.
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| Learning Outcomes |
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Knowledge/evaluation: Understand globalization, drivers and implications
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Knowledge/ Analysis: Review theories of foreign direct investment (FDI) and critically evaluate weaknesses and strengths of different approaches
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Knowledge/Analysis/Transferable skills: Discern the major opportunity and risk variables of the destination of FDI to assist management decisions
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Knowledge/Analysis: Review and evaluate international aspects of corporate strategy and special features of strategic alliances
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Knowledge/Understanding: Understand the role of organisational structures and management in multinational enterprises
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Knowledge/Understanding: Understand the impact of diverse institutional environments on multinational enterprises
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Knowledge/Understanding: Understand management of human resource in a global context
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Understanding/Practical Skills: Understand management of production and technologies in a global context
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Knowledge/Analysis: Discuss the impact of FDI and elaborate the different channels and mechanisms through which such impact takes place; Nurture a dynamic and multiple-perspective in understanding host country effects of FDI
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Transferable skills: Learn by self-reflection and self-testing of theoretical knowledge and understanding against practical situations and empirical data.
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Transferable skills: Communicate effectively
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| Module Content |
| The main module content includes drivers and implications of globalization; the theories of FDI; country market evaluation regarding the opportunities and risks brought to MNEs; institutional home and host country effects on international management; host country effects of FDI; managing human resources across national borders; managing production and technologies in a global context. |
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| Methods of Teaching/Learning |
The teaching and learning strategy is designed to enable students to compare and discuss different concepts and theories and to discuss the issues which integrate different topics and to apply models and theories to case studies and scenarios
The teaching and learning methods include:
- Lectures
- Groupwork
- Seminars
- Learnware
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| Selected Texts/Journals |
Core texts (Provided by School)
A customer publication by McGraw-Hill (Duanmu/Geppert/Cairo Reader) - International Business Management (customised text book)
Supplementary reading
Hill, C.W.L. (2005) International Business: Competing in the Global Marketplace. McGraw-Hill, 5th Edition
Geppert, M., Matten, D. and Williams, K. (eds.) (2002). Challenges for European management in a global context: Experiences from and . Palgrave.
Gooderham, P.N. and Nordhaug, O. (2003). International Management: Cross-Boundary Challenges. Blackwell
Koen, C. (2005): Comparative International Management. McGraw-Hill.
Rugman, A.M and Brewer, T.L. (2001) Oxford Handbook of International Business,
Oxford
University Press.
Rugman, A.M. and Hodgetts, R.M. (2002). International Business: A strategic Management Approach.Prentice Hal
Daniels, J. Radebaugh, L. and Sullivan, D. (2007) International Business: Envireonemtn and Operations. (11th edition). Pearson Prentice Hall.
Other Indicative
Reading
Journals and Newspapers
Academy of
Management Review
Economics of Transition
Harvard Business Review
International Business Review
Journal of Comparative Economics
Journal of Economic Surveys
International Journal of Human Resource Management
International Studies of Management & Organization
Journal of International Business Studies
Journal of International Management
Journal of Management Studies
Journal of World Business
Management International Review
NBER Working Paper Series
Organization Studies
Quality daily and weekly press (e.g. The Financial Times)
Review of International Economics |
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| Last Updated |
18.03.2008 |
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