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 Teaching Method 2 - Seminar |
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. |