Offered
Clayton Second semester 2008 (Day)
Synopsis
This unit will provide an introduction for students to the broad context in which international business operates, and will address the general theory and management issues related to doing business internationally. Topics include a brief history of management of international business; managing the environment and international relations; understanding of the nature of multinational, transnational and small businesses as multinational enterprises; comparisons of business systems in a variety of developing and developed countries; the management of ethical and social responsibility issues; and future challenges in managing international business.
Objectives
The learning objectives of this unit are to:
- define the concept of international business from a multi-disciplinary perspective,
- assess the impact of the various environmental factors on the internationalisation process of a business organisation,
- describe the strategy and structure of international business operations in an increasingly competitive global environment,
- explain the role of foreign market entry modes in the firm internationalisation process,
- critically evaluate the operation of an international business and analyse an event or an issue relevant to international business using appropriate theories and other resources including books, academic journals, business periodicals and newspapers.
Assessment
Within semester assessment: 50%
Examination (2 hours): 50%
Contact hours
Three hours of class contact
Prerequisites
MGC1010
Prohibitions
MGW3351, MGF2351, MGW2351
