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 VE Kunst
Strategy, IB and Entrepreneurship
V.E.Kunst@liverpool.ac.uk
Year CATS Level Semester CATS Value
Session 2019-20 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

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 report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 1  -2500 words    40       
Individual report There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment. Assessment Schedule (When): Semester 1  -2500 words    60       

Aims

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

(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.

(LO2) Students will be able to identify the relevant aspects for making strategic decisions of multinational enterprises, and effectively analyse them.

(LO3) Students will be able to judge the relevancy of different (and competing) information, resulting in a well thought-out and substantiated decision.

(LO4) Students will be able to develop plans for implementing a high-level strategic decision.

(S1) Teamwork. Students will work in teams on the group report and in preparing presentations.

(S2) Presentation skills. Students will be required to deliver presentations as part of this module.

(S3) Written communication skills. Developed through preparation of the group and individual reports.

(S4) Independent research skills. Developed through preparation for the individual assignment and class material.

(S5) International awareness. Students will develop their international awareness skills through the international nature of the module's syllabus.

(S6) Analytical skills. Students will develop their analytical skills through preparation for the assignments and in-class group work.

(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

Lectures x 25 hours
Description: The learning and teaching strategy is founded upon the principles established through the MBA programme (see Section 6 of the Thoroughbred Horseracing Industries MBA Programme Specification). This module will include 25 hours of directed learning delivered online using both synchronous and asynchronous methods. The teaching will use a number of digital collaboration methods such as: online classrooms; online discussion boards; podcasts; blogs; video-blogs; video-presentations; and online simulations of decision environments and cases.

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
Self-directed learning hours will be used by students to ensure that requisite reading is undertaken, preparation for online classes and presentations, and for completion of assessed and non-assessed work that will aid and enhance the students 19; own learning experience.


Syllabus

 

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

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