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 | International Business and the Global Economy | ||
Code | MGTK738 | ||
Coordinator |
Mrs EI Forrester Strategic Change E.Forrester@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2021-22 | Level 7 FHEQ | Whole Session | 10 |
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 |
3 |
30 |
33 | ||||
Timetable (if known) | |||||||
Private Study | 67 | ||||||
TOTAL HOURS | 100 |
Assessment |
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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 |
Discussion Board Contribution Reassessment Opportunity: 500-word written coursework based on a discussion post prompt Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessmen | 0 | 20 | ||||
Group slide deck report Reassessment Opportunity: individual assignment of c5 slides based on a different United Nation’s goal Penalty for Late Submission: Standard UoL penalty applies Anonymous A | 0 | 20 | ||||
Individual slide deck report Reassessment Opportunity: new assignment with the same brief Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Yes | 0 | 60 |
Aims |
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This module aims to: Develop students’ ability to critically select and apply management theories and practices relating to international business and the global macro-economic environment to contemporary organisations in order to develop strategic recommendations; Provide students with the ability to evaluate the ways in which sustainability and ethics are addressed by organisations in their global business practices; Encourage students to delineate the important economic considerations relevant to international businesses from a global perspective and appraise the impact of international, regional, and individual country institutions and political environments on global business strategy and decision-making. |
Learning Outcomes |
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(LO1) Students will be able to delineate the important economic considerations relevant to international businesses from a global perspective. |
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(LO2) Students will be able to evaluate the ways in which sustainability and ethics are addressed by organisations in their global business practices and the impacts of these practices on local and global communities. |
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(LO3) Students will be able to critically select and apply management theories and practices relating to international business and the global macro-economic environment to contemporary organisations in order to develop strategic recommendations. |
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(LO4) Students will be able to appraise the impact of international, regional, and individual country institutions and political environments on global business strategy and decision making. |
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(LRE1) A problem solver. |
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(LRE2) Ethically aware. |
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(LRE3) Internationally aware. |
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(LRE4) IT literate. |
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(LRE5) Organised and able to work under pressure. |
Teaching and Learning Strategies |
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The module will primarily be delivered through a series of e-lectures, delivered through a variety of methods, covering key topics, theories and case examples. These will be supported by individual online task such as, case studies, blogs, collaborative tasks and discussion boards, which will be used to develop and apply learning. These activities will be moderated by the module instructor. Students will also be directed to key academic and practitioner readings to further develop their learning. Unscheduled Directed Student Hours: 30 hours One scheduled synchronous seminar of one hour will be delivered in week 1, with the remaining two synchronous seminar hours scheduled during weeks 2 to 6. The dates and times of the seminars will be confirmed at the start of the module (if th ere are issues with time zones another session will be provided). Peer discussion and questions will be encouraged. These sessions will be recorded and moderated by the module instructor. Scheduled Directed student hours: 3 hours Self-directed learning hours: 67 hours |
Syllabus |
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Introduction to globalisation - the globalisation debate. Global Challenges and collaborative action - UN Sustainable Development Goals. Globalisation and ethical issues e.g. modern slavery Corporate social responsibility e.g. shareholder vs stakeholder perspective, triple bottom line, ESG (environmental, social, and governance) ratings Global macro-economic environment analysis, value creation and strategy. International business market entry modes e.g. pros and cons of various entry modes including exporting, franchising/licensing, joint ventures, wholly owned subsidiaries, foreign direct investment (FDI). International business location considerations e.g. differences in national institutional and cultural factors, differences in developed and emerging markets, city contexts including Liverpool, national competitive advantage and clusters. International business risk management e.g. political, economic and exchange rate risk. |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |