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2010/2011  BA-IBE  International Business Environment

English Title
International Business Environment

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Mandatory
Level Bachelor
Duration One Quarter
Course Period First Quarter
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BSc in International Business
Course Coordinator
  • Ari Kokko - Department of International Economics and Management
Main Category of the Course
  • Globalization, International Business, markets and studies
Last updated on 29 maj 2012
Learning Objectives
After having followed the course the students should be able to:


  • Explain how and why there are differences in national or regional business environments.
  • Present a thorough review of the economics and politics of the international trade and investment environment.
  • Analyse the strategies and structures of international businesses.
  • Assess the functions of an international business.
  • Highlight the adjustments needed in the transition from domestic to international business, and the adjustments needed to operate successfully in specific foreign markets.
  • Synthesize the above into a detailed and comprehensive analysis of internationalization at the firm level.
Examination
International Business Environment
Assessment Home Assignment
Marking Scale 7-step scale
Censorship External examiners
Exam Period October
Duration 48 Hours
No restrictions regarding literature and other aids. However, reports should include proper references to background literature and information sources
Examination
Prerequisites for Attending the Exam
Course Content

The aim of the course is to provide an integrated understanding of the complexity of the international business environment and the challenges it poses for firms engaged in cross-border activities. Emphasis is put on highlighting the differences among countries in terms of their national business environments, and how these differences are linked to the various strategic choices firms adopt in order to compete internationally. By the end of the course students should have developed their ability to explain, interpret, and synthesize international business practices in a multidisciplinary discourse. Both theory and empirical cases are included in the curriculum; much of the empirical material will be drawn from the current research work of the course coordinator and guest lecturers, to strengthen the role of research-based teaching.

The main blocks of the curriculum are:
Selected cross-country differences with a potential impact on business operations, including historical, institutional, geographical, cultural, and political structures
Global trade and foreign direct investment, including the regulatory systems for international trade, investment, and monetary transactions
Strategy and International Business
Business Operations

Teaching Methods
The course is based on a lecture series covering 42 lecture hours. The time will be used to cover the textbook materials through traditional lectures and discussions in class, but will also include some in-depth treatment of chosen topics (guest lectures).
Literature

Charles W.L. Hill (latest edition), “International Business: Competing in the Global Marketplace”, McGraw Hill International Edition.
Additional reading material to be distributed during the course.