units

MGC2120

Faculty of Business and Economics

18 September 2017 18 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Management
OfferedClayton Second semester 2015 (Day)
Coordinator(s)Dr Alex Newman

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.

Outcomes

The learning goals associated with this unit are to:

  1. define the concept of international business from a multi-disciplinary perspective
  2. assess the impact of the various environmental factors on the internationalisation process of a business organisation
  3. describe the strategy and structure of international business operations in an increasingly competitive global environment
  4. explain the role of foreign market entry modes in the firm internationalisation process
  5. 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: 50%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Alex Newman

Prerequisites

MGC1010

Prohibitions

MGW3351, MGF2351, MGG2351, MGW2351