2023/2024 BA-BBLCO2103U International Business and Sustainability
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International Business and Sustainability |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Bachelor |
Duration | One Semester |
Start time of the course | Autumn |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for BSc and MSc in Business, Language and Culture,
BSc
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Course coordinator | |
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Teaching methods | |
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Last updated on 28-06-2023 |
Relevant links |
Learning objectives | ||||||||||||||||||||||||
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Examination | ||||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||||
Sustainability in international business is more than simply adopting sustainable practices. It has the potential to help firms gain competitive advantage. Indeed, sustainability is becoming more important for firms across all industries, and many executives consider a sustainable business strategy necessary for firms to be competitive in today’s business environment.
In this course, we will explore the role of the -international firm- in the business community and the society and focus on how international firms take decisions in a changing global environment, and how these decisions relate to sustainability, and in turn to profitability.
The course is designed to increase the student's understanding and their analytical skills on the complexity and the continuously evolving nature of international business. The course will introduce issues such as, the role of firm resources, location and ownership advantages for internationalization, the different entry mode choices, and firm competitive strategies in the international market. We will also examine the influence of cultural, economic, political and legal factors on firm internationalization decisions and on the competitiveness of an international business.
As we tackle international business issues, we will also discuss the challenges and dilemmas of how international business contributes to sustainable development goals and how sustainability can extend the current models of competition leading to firms’ sustainable competitive advantages.
This course is based on the international business theories such as: the resource-based view, the OLI theory, modes of entry; competitive dynamics; and the institutional approach where we place importance on all the pillars of institutions. Furthermore, the course will complement the knowledge from the course -Organisation, Communication and Culture through a joint case.
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Description of the teaching methods | ||||||||||||||||||||||||
This course employs a mix of lectures and case studies. Lectures will cover core concepts and theories in international economics and competitiveness, and all the class is expected to participate in an interactive discussion. Case studies will be included in order to demonstrate the practical importance of the concepts and theories introduced in lectures. In such cases, case studies will have to be read and prepared by students before the lecture. In the class students will be presented with questions regarding the case. This will provide the basis for a greater level of interaction and student understanding of theoretical notions. Finally, this course supports blended learning with active online interaction with content related videos, quizzes and debate questions, followed by in class discussion that promotes active learning. | ||||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||||
Feedback is given in the class, through quizzes; during the tutorial sessions that take place every week; as well as during office hours, which are organized once a week for the duration of the course. | ||||||||||||||||||||||||
Student workload | ||||||||||||||||||||||||
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Further Information | ||||||||||||||||||||||||
Please note that the course will run the first time in Autumn 2022. |
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Expected literature | ||||||||||||||||||||||||
Textbook International Business, by Mike Peng and Klaus E. Meyer , Cenage Learning. |