Course Details
Course Information Package
Course Unit Title | INTERNATIONAL BUSINESS | ||||||||
Course Unit Code | ABSO423 | ||||||||
Course Unit Details | |||||||||
Number of ECTS credits allocated | 5 | ||||||||
Learning Outcomes of the course unit | By the end of the course, the students should be able to:
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Mode of Delivery | Face-to-face | ||||||||
Prerequisites | ABSE203,ABSE204,ABSO204 | Co-requisites | NONE | ||||||
Recommended optional program components | NONE | ||||||||
Course Contents | Chapter 1 - Globalization and international business:
The forces driving globalization.
Why companies engage in international business.
Modes of operations in international business.
Chapter 2 - The cultural environments facing business:
Behavioural practices affecting business.
Dealing with cultural differences.
Chapter 3 - The political and legal environments facing business:
Should political risk management be an active strategy?
Chapter 4 - The economic environments facing business:
Elements of the economic environment. Features of an economy.
Integrating economic analysis.
Chapter 6 - International trade and factor mobility theory:
Free trade theories. The statics dynamics of trade.
Factor mobility theory.
Chapter 7 - Governmental influence on trade:
Conflicting results of trade policies.
Economic and non-economic rationales of trade intervention.
Chapter 8 - Cross-national cooperation and agreements:
WTO, EU.
Chapter 9 - Global foreign exchange markets:
How companies use foreign exchange. Major foreign exchange markets.
Chapter 10 - The determination of exchange rates:
IMF, Exchange rates arrangements. Determining and forecasting exchange rates. Business implications of exchange rate changes.
Chapter 11 - The strategy of international business:
Industry, strategy and firm performance. Global integration versus local responsiveness. Types of strategy.
Chapter 12 - Country evaluation and selection:
How does scanning work? What information is important in scanning?
Collecting and analysing data. Country comparison tools. Allocating among locations.
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Recommended and/or required reading: | |||||||||
Textbooks |
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References |
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Planned learning activities and teaching methods | Lectures, discussions, presentation of case studies, movies, assignments. Power point presentations used in class, lecture notes and case studies are available to the students on the e-learning platform. | ||||||||
Assessment methods and criteria |
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Language of instruction | English | ||||||||
Work placement(s) | NO |