units

BTX9040

Faculty of Business and Economics

18 September 2017 23 April 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

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6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedCaulfield Second semester 2012 (Evening)
Coordinator(s)Associate Professor Brendan Sweeney

Synopsis

The unit explores how decisions can be made in global commerce that go beyond complying with the law and integrate best practice in business ethics and corporate responsibility. This unit develops knowledge of the legal and regulatory context of global business operations and a range of skills for responsibly meeting international regulatory obligations. The unit applies the Principles of Responsible Business Management Education which aim to develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy. Relevant skills include strategies to reduce short and long term risks and enhance relationships with contractors, suppliers, shareholders, the environment and the communities businesses operate within. Based on problem-based learning, the unit focuses on risk assessment, due diligence, stakeholder engagement, negotiation techniques and alternative dispute resolution processes with particular a focus on observing environment, human rights and international trade laws.

Outcomes

The learning goals associated with this unit are:

  1. to examine and apply a business-focused approach to complying with global business regulation so as to facilitate skill development in:
    • assessing the legal risks faced by the business in relation to international business regulation
    • determining the best legal entity for conducting international business transactions
    • assessing the extent of the business's responsibility for the actions of subsidiaries, suppliers and associated business entities
    • employing international due diligence processes with a focus on stakeholder engagement
    • resolving ethical dilemmas in international business operations.
  2. to develop a sound practical understanding of international Alternative Dispute Resolution processes so as to:
    • overcome problems with limits to national court jurisdictions when conducting international commerce
    • develop skills in negotiation, mediation and constructive problem solving when conflict arises with another business entity.

Assessment

Within semester assessment: 60%
Examination (2 hours): 40%

Contact hours

3 hours per week