6 points, SCA Band 3, 0.125 EFTSL
Undergraduate - Unit
Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered.
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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:
- 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: 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.
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