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:|
|Mode of Delivery||Face-to-face|
|Recommended optional program components||NONE|
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:
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.
|Recommended and/or required reading:|
|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|
|Language of instruction||English|