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 ENVIRONMENT | ||
Code | ULMS619 | ||
Coordinator |
Dr S Angelidou Strategy, IB and Entrepreneurship S.Angelidou@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2022-23 | Level 7 FHEQ | First Semester | 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 |
25 |
21 |
46 | ||||
Timetable (if known) | |||||||
Private Study | 54 | ||||||
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 |
Individual report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 1 | 0 | 60 | ||||
Group report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 1 | 0 | 40 |
Aims |
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To provide students with a solid foundation for analysing the major characteristics of the international business environment and to understand the major implications of these characteristics for organisations involved in international business activities; To give students a good understanding of the field of international business, why it matters, and what it entails; To give students a good understanding of the complexity of the international business environment, how it influences both national and international business activities, and how organisations are affected by, and deal with the international business environment; To provide students with a solid foundation for identifying and analysing the main characteristics of the international business environment; To provide students with a solid foundation for making informed judgments on strategic choices on internationalisation and international management; The major objective of the module is for students to develop knowledge on international business, and are able to use this knowledge to analyse different international scenarios resulting in an informed and well thought-out choice. |
Learning Outcomes |
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(LO1) Students will gain a good understanding of, and be able to critically reflect on, the main topics and theories in the field international business, dealing with the global economy and the role that multinational enterprises play within this economy. |
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(LO2) Students will be able to identify the relevant aspects for making strategic decisions of multinational enterprises, and effectively analyse them. |
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(LO3) Students will be able to judge the relevancy of different (and competing) information, resulting in a well thought-out and substantiated decision. |
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(LO4) Students will be able to develop plans for implementing a high-level strategic decision. |
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(S1) Teamwork. Students will work in teams on the group report and in preparing presentations. |
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(S2) Presentation skills. Students will be required to deliver presentations as part of this module. |
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(S3) Written communication skills. Developed through preparation of the group and individual reports. |
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(S4) Independent research skills. Developed through preparation for the individual assignment and class material. |
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(S5) International awareness. Students will develop their international awareness skills through the international nature of the module's syllabus. |
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(S6) Analytical skills. Students will develop their analytical skills through preparation for the assignments and in-class group work. |
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(S7) Decision-making skills. Students will develop their decision-making skills through preparation for the assignments and in-class group work. |
Teaching and Learning Strategies |
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Lectures x 25 hours Lectures x 21 hours (unscheduled, i.e. time spent away from the timetabled sessions but directed by the teaching staff). Self-directed learning x 54 hours |
Syllabus |
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The multinational enterprise (MNE); International trade and investment; Institutions and institutional voids; Liability of foreignness and distance; Strategic internationalisation choices; International functions of the MNE; The role of the subsidiary within the MNE; Cross-cultural management and communication. |
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. |