| Learning objectives |
After having followed the course the students
should be able to:
- • Explain the differences in national or regional business
environments and assess why they exist and how they impact
international business operations
- • Present a thorough review of the economics and politics of
the international trade and investment environment
- • Assess the important role played by multinational economic
and social aid organizations such as the UN, EU, IMF, and the World
Bank in facilitating international trade and business.
- • Analyze 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
- • Assess business operations and relationships in complex
international business environments.
|
| Examination |
|
International
Business Environment:
|
| Exam
ECTS |
7,5 |
| Examination form |
Oral exam |
| Individual or group exam |
Individual exam |
| Duration |
20 min. per student, including examiners'
discussion of grade, and informing plus explaining the
grade |
| Preparation time |
No preparation |
| Grading scale |
7-point grading scale |
| Examiner(s) |
Internal examiner and second internal
examiner |
| Exam period |
Autumn and Winter |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
|
Description of the exam
procedure
Individual 20-minute exam. The exam will test the course’s
learning objectives as well as the students’ abilities in
organizing, structuring, and communicating academic arguments in a
coherent way. The exam will take the form of a dialogue between the
student and the examiners. At the beginning, the student will have
the opportunity to use about 2-3 minutes to introduce some
thoughts on a chosen topic. Consequently, the examiners will pose
questions covering the entire course
syllabus.
|
|
| Course content, structure and pedagogical
approach |
|
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
and/or regions in terms of their national/sub-national business
environments, and how these differences are linked to the various
strategic choices that firms adopt 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 cases
are included in the curriculum, with much of the empirical material
will be drawn from recent examples of developments in the field of
international business.
|
|
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 structure.
- Global trade, foreign direct investment, and global value
chains, including the regulatory systems for international trade,
investment, and monetary transactions.
- Strategy and International
Business.
|
|
| Description of the teaching methods |
| The course consists of 14 3-hour session. The
sessions will broadly consist of two parts: instructor lecturing,
and class discussion of questions/cases posted on Canvas prior to
class that will help students to think critically about the
concepts and frameworks covered in respective sessions. Further,
the weekly sessions might also include activities involving the use
of technology and online tools, designed to specifically test the
students understanding of individual topics. |
| Feedback during the teaching period |
| The students should actively seek feedback from
the lecturers during class time and scheduled office hours. During
the discussion part of the each session, the students will receive
immediate feedback in relation to the topics discussed. |
| Student workload |
| Exam, oral exam 20 min |
37 hours |
| Classes |
36 hours |
| Preparation |
200 hours |
|
| Expected literature |
|
Hill, Charles W.L. and Hult, C. Thomas
M.: International Business; Competing in the Global
Marketplace, 12th Edition, 2018. McGraw-Hill.
Additional reading material to be distributed during the
course.
|
|
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