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2023/2024  KAN-CCBLO2006U  Business Strategies in Latin America and the Caribbean

English Title
Business Strategies in Latin America and the Caribbean

Course information

Language Spanish
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc and MSc in Business, Language and Culture, MSc
Course coordinator
  • Jacobo Ramirez - Department of Management, Society and Communication (MSC)
Main academic disciplines
  • CSR and sustainability
  • Globalisation and international business
  • Political leadership and public management
Teaching methods
  • Face-to-face teaching
Last updated on 03-07-2023

Relevant links

Learning objectives
  • Content:
  • Discuss the need to move from a management model based on the extraction of nature to a sustainable model based on Indigenous knowledge to enact more responsible policies and practises.
  • Explain how the public sector has adopted market-oriented management models and the implications for public management. Discuss the implications of sustainable development on organisational strategies in the LAC region.
  • Understand other non-capitalist/Indigenous ways of living and livelihoods and the implications of this for Human Rights and doing Business in Latin America.
  • Formulate an exam topic, in the form of a synopsis, based on the themes and concepts in the curriculum, and reflect analytically upon the links between that topic and the other topics and concepts in the curriculum, without having to be prompted by the examiner.
  • Language:
  • Respond fluently to the examiner’s questions, so that the examination flows as a dialogue.
  • Speak grammatically correct, coherent and well-pronounced Spanish without committing grammatical, lexical, idiomatic or pronunciation errors that disturb communication.
  • Present and discuss a given topic in Spanish using an appropriate and rich vocabulary and academic terminology.
  • Correct errors in the exam situation.
Examination
The exam in the subject consists of two parts:
Business Strategies in Latin America and the Caribbean - Content:
Sub exam weight50%
Examination formOral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group examIndividual exam
Size of written productMax. 3 pages
Assignment typeSynopsis
Release of assignmentSubject chosen by students themselves, see guidelines if any
Duration
Written product to be submitted on specified date and time.
30 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale7-point grading scale
Examiner(s)Internal examiner and second internal examiner
Exam periodSummer
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

The course has only one exam, consisting of two parts: a 3-page maximum synopsis and an oral exam. The grade is given for the content of the synopsis and the oral presentation.

Business Strategies in Latin America and the Caribbean - Language:
Sub exam weight50%
Examination formOral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group examIndividual exam
Size of written productMax. 3 pages
Assignment typeSynopsis
Release of assignmentSubject chosen by students themselves, see guidelines if any
Duration
Written product to be submitted on specified date and time.
30 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale7-point grading scale
Examiner(s)Internal examiner and second internal examiner
Exam periodSummer
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure

The course has only one exam, consisting of two parts: a 3-page maximum synopsis and an oral exam. The grade is given for the content of the synopsis and the oral presentation.

Course content, structure and pedagogical approach

Understanding the dynamics of business strategy becomes critical in a globalised world for successfully managing both the public and private sectors. This is especially important in the Latin America and Caribbean (LAC) region, where distinct economic, political, and cultural contexts impact organisational strategies and models.

Historically, the LAC region has faced issues stemming from resource extraction, patronage, and corruption. A paradigm shift is now underway, moving towards more inclusive, sustainable, and socially responsible management approaches. The recognition of intentional democracy and Indigenous knowledge as key factors is guiding the development of new business strategies that align with these values.

 

This course is divided into three comprehensive blocks, each designed to delve deeply into the strategic aspects of business within the changing landscape of LAC. Each block examines issues at various organisational levels—macro, meso, and micro—and includes a thorough examination of specific case studies and theoretical perspectives.

The first section explores the varied strategies utilised by local firms and European companies operating in the region, focusing on how they adapt to and leverage the unique regional characteristics.

 

The second section delves into the emergence of new public management practices and their implications for regional democracy. It will also examine how these strategies interact with the private sector, influencing the overall business environment and strategy formulation.

 

The third block introduces the concepts of sustainable development and human rights, focusing on their transformative effects on organisational practices and strategic planning.

 

In this course, students will engage in discussions on how business strategies can support sustainable development, social responsibility, and economic prosperity in the LAC region.

Description of the teaching methods
This course aims to develop the students’ skills through individual and collaborative activities, which are designed to promote students’ participation in sharing their opinions, experiences, views, thoughts and knowledge. The case study approach/method is the principal learning strategy for the teaching-learning process.

Through the case study method, the students will practice and apply theory and knowledge to real-world problems. The students, collaboratively (in teams), will identify and clarify the problems presented, analyse the information found on each case, formulate and evaluate options, present and defend their recommendations. The case study method involves the development of critical thinking, information analysis, and problem-solving skills. One of the principal objectives of this learning strategy is that the students assume a key role in the learning process.

Note: The students are responsible to buy the case studies for this course. Please follow the instructions posted at CBS' Canvas.
Feedback during the teaching period
Students will make oral presentations of case study and academic readings. The students will receive feedback on two areas: 1) Content -discussion of the assigned questions for the case study/ readings in relation to the theoretical background of the course, and 2) Language -oral communication in relation to vocabulary, pronunciation and grammar in Spanish. Students are encouraged to make use of those to enhance their learning experience, of course in addition to regular participation and two-way communication in lectures. The lecturer will also strive to be readily available for a one-to-one dialogue in both lecture breaks and following each lecture session.
Student workload
Lectures 30 hours
Exam 0.5 hours
Preparation 175.5 hours
Total 206 hours
Expected literature

Please note that the complete literature list will be available on Canvas

 

  1. Concha, J. y Gómez, O. (2016). Análisis de atracción de inversión extranjera a países de la Alianza del Pacífico. Estudios Gerenciales, [en linea] 32(141), pp.369-380. (Total páginas 7). Disponible en: http:/​/​www.redalyc.org/​articulo.oa?id=21251783009

  2. Torres Guillén, J. (2014). El carácter analítico y político del concepto de colonialismo interno de Pablo González Casanova. Desacatos, 85–98. (Total páginas 12). Disponible en:  http:/​/​www.redalyc.org/​articulo.oa?id=13931306008

  3. Galván Martínez, D. y Fermán Almada, J. y Espejel, I. (2016). ¿Sustentabilidad comunitaria indígena? Un modelo integral. Sociedad y Ambiente, [en linea] (11), pp.4-22. (Total páginas 14). Disponible en: http:/​/​www.redalyc.org/​articulo.oa?id=455748464002

Last updated on 03-07-2023