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 BUSINESS IN EMERGING MARKETS
Code MKIB369
Coordinator Dr ADA Smith
Strategy, IB and Entrepreneurship
A.D.Smith@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2023-24 Level 6 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 24

6

        30
Timetable (if known)              
Private Study 120
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
Assessment 1 Assessment Type: Coursework Size: 3000 words Weighting: 80% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Ye    80       
Assessment 2 Assessment Type: Coursework Size: 1000 words Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL penalty applies Anonymous Assessment: Ye    20       

Aims

This is an optional module focusing on the business environment in emerging market economies. The module discusses the increasing importance of the emerging markets and emerging market firms in global economy.
The aims of this module are to introduce students to theories that can help them to understand variation in business contexts between countries and to explore the business and political uncertainty which has come with this period of rapid economic development.
The module introduces students to institutional theory and then shows how this theory can be useful in understanding the environment for firms attempting to operate in the emerging markets. MNEs based in the emerging markets will also be discussed, as will the concept of institutional voids.


Learning Outcomes

(LO1) To understand the reasons for rapid emergence of the emerging markets

(LO2) To be able to identify criteria which determine for rapid growth of emerging markets

(LO3) To understand who are the key stakeholders in emerging markets and how they interact with each others

(LO4) To explore potential trade offs between rapid economic growth and social and other dimensions of the markets

(LO5) To examine other potential emerging markets to identify those which are most likely to grow rapidly

(LO6) To understand in detail the dynamics in specific emerging markets such as China, India, Brazil and Russia as well as other nations.

(LO7) To understand the challenges facing Western firms that attempt to operate in the emerging markets

(LO8) To understand whether the high growth rates recently recorded by some emerging markets are likely to continue in future

(S1) adaptability

(S2) Problem solving skills

(S3) Commercial awareness

(S4) Teamwork

(S5) Organisational skills

(S6) Communication skills

(S7) IT skills

(S8) International awareness

(S9) Lifelong learning skills

(S10) Ethical awareness


Teaching and Learning Strategies

Teaching Method: Lecture
Scheduled Directed Student Hours: 24
Attendance Recorded: Yes

Teaching Method: Seminar
Scheduled Directed Student Hours: 6
Attendance Recorded: Yes

Self-directed Learning Hours: 120

Skills/Other Attributes Mapping

Skills / attributes: Ethical awareness
How this is developed: lectures
Mode of assessment (if applicable)

Skills / attributes: Lifelong learning skills
How this is developed: both lectures and seminars
Mode of assessment (if applicable)

Skills / attributes: International awareness
How this is developed: both lectures and seminars
Mode of assessment (if applicable): Coursework

Skills / attributes: IT skills
How this is developed: developed by doing the coursework
Mode of assessment (if applicable): Coursework

Skills / attributes: Communication skills
How this is developed: developed by participating in seminars and doing the coursework
Mode of assessment (if applicable): Coursework

Skills / attributes: Organisational skills
How this is developed: developed by doing the coursework
Mode of assessment (if applicable): Coursework

Skills / attributes: Teamwork
How this is developed: Both lectures and seminars
Mode of assessment (if applicable)

Skills / attributes: Commercial awareness
How this is developed: both lectures and seminars
Mode of assessment (if applicable): Coursework

Skills / attributes: Problem solving skills
How this is developed: seminars
Mode of assessment (if applicable): Coursework

Skills / attributes: adaptability
How this is developed: Both lectures and seminars
Mode of assessment (if applicable)


Syllabus

 

Mapping Emerging Markets
Defining Emerging Markets
The challenges of doing business in emerging markets
Understanding the specific market and environmental considerations affecting the most populous emerging markets.
The role of government in the determining inward and outward investment in these markets
Multinational Investment in emerging markets
Foreign investments and Multinational Corporations from the emerging markets.
Country-of-origin effects and building global brands in emerging market countries


Recommended Texts

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