ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title THE EMERGING ECONOMIES AND INTERNATIONAL BUSINESS
Code ULMS526
Coordinator Dr S Wu
Strategy, IB and Entrepreneurship
S.Wu32@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 Level 7 FHEQ Second Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):

 

Modules for which this module is a pre-requisite:

 

Programme(s) (including Year of Study) to which this module is available on a required basis:

 

Programme(s) (including Year of Study) to which this module is available on an optional basis:

 

Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 18

6

        24
Timetable (if known)              
Private Study 126
TOTAL HOURS 150

Assessment

EXAM Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
             
CONTINUOUS Duration Timing
(Semester)
% of
final
mark
Resit/resubmission
opportunity
Penalty for late
submission
Notes
Group Presentation There is a resit opportunity. Standard UoL penalty applies for late submission. This is not an anonymous assessment. Assessment Schedule (When) :Semester 2  15 minutes    40       
Individual Assignment There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When) :Semester 2  2500 minutes.    60       

Aims

To give students an understanding of the key issues in international business and international management in emerging economies. Analysis of this will embrace major management issues in local, regional and global contexts in emerging economies;

To provide the competencies to use the major theories and concepts of international business and international management to gain an understanding of the development of the management challenges and opportunities that are developing from the rise of the emerging economies;

To give students the ability to examine the pathways by which emerging economies may 'catch-up' to advanced countries and provide an evaluation of this process in major emerging economies;

To provide an understanding of the growing role of emerging economies in developments of the global economy arising from the& #xA0;trade and investment activities of these economies.


Learning Outcomes

(LO1) Understand the role of major economic, political, and social developments in the increasing internationalisation of business activities in emerging economies;

(LO2) Analyse the impact on the strategies and business operations of foreign firms of institutional distance between advanced economies and emerging economies;

(LO3) Analyse the major contributor factors that lead to liability of foreignness and to the additional costs of doing business in emerging economies;

(LO4) Evaluate, using relevant concepts and theories in international business, different options for managing effectively liability of foreignness and the additional costs of doing business in emerging economies;

(LO5) Analyse and evaluate the role of emerging economies in the global economy, in particular trade and outward foreign direct investment from emerging economies;

(LO6) Understand the diversity between and within in emerging economies and to be able to assess how this influences effective management of strategies and business operations;

(LO7) Analyse the ‘catch-up’ policies of emerging economies and to evaluate the major links of these policies to the strategies and business operations of foreign firms in emerging economies.

(S1) Adaptability

(S2) Problem Solving Skills

(S3) Numeracy

(S4) Commercial Awareness

(S5) Teamwork

(S6) Organisational Skills

(S7) Communication Skills

(S8) IT Skills

(S9) International Awareness

(S10) Lifelong Learning Skills

(S11) Ethical Awareness


Teaching and Learning Strategies

Teaching Method 1 - Lecture
Description: The central themes, concepts, theories and topics will be developed in lectures.
Attendance Recorded: Not yet decided

Teaching Method 2 - Seminar
Description: Seminars will be used to develop application of concepts and theories to practical business and management issues. Students will be allocated some reading assignments before the seminars. In the seminar, students will be asked questions based on the articles they read and the research they do. The module leader's role is to encourage every student to be involved and to join the discussion.
Attendance Recorded: Not yet decided


Syllabus

 

Defining emerging economies and identifying their major differences and similarities;   Institutional/cultural distance between advanced and emerging economies;   Trade and investment flows and emerging economies;   Assessing country selection (and sub-national location) in emerging economies;   Entry mode strategies in emerging economies;   Outward FDI from emerging economies ;      Risk management in emerging economies;   Negotiating in emerging economies;   Managing the liabilities of foreignness in emerging economies;   Corporate governance and social responsibility in emerging economies.


Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.