Available in 2024
Course code

BUSN1001

Units

10 units

Level

1000 level

Course handbook

Description

This course is only available to students enrolled in the High Performing Students Program.This course will analyse the challenges and opportunities presented by the globalisation of markets and production for managers in both domestic and multinational companies (MNCs). The cultural, political, economic and technological drivers (and implications) of Globalisation will be presented providing an introduction to basic concepts in global economics and international business. This course will also analyze how globalisation impacts upon a variety of management functions e.g. human resource management, marketing and supply chain management. While a key purpose of the course will be to understand how managers design effective strategic business decisions cognizant of cultural, political and economic difference internationally, a critique of the basic paradigm of profit maximizing behaviour by MNCs will also be presented through discussion of strategizing with corporate social responsibility.


Availability2024 Course Timetables

Newcastle City Precinct

  • Semester 1 - 2024

Learning outcomes

On successful completion of the course students will be able to:

1. Identify the key business, political and social issues raised by Globalisation

2. Think critically about underlying theories, concepts, assumptions and arguments in international business management.

3. Demonstrate critical thinking and conduct a basic analysis of business opportunities in an international context.

4. Work independently and collaboratively to analyse international business opportunities and communicate the outcomes of a research project.

5. Develop the essential international perspectives which inform professional standards and ethical practice in international management.


Content

This course includes the following topics:

  • Globalisation: Drivers, Opportunities and Challenges
  • The Global Trade Environment
  • National Differences in Political Economy: Politics, Laws and Economics
  • Culture Differences and International Management
  • Competing and Managing in a Globalizing World: a) International Business Strategy and Organization; b) Market Entry Decisions; c) Managing Corporate Social Responsibility Globally;
  • Management Functions in an International Context a)Managing Human Resources Globally b)International Supply Chain Management c) International Marketing Management

Assessment items

Project: Group research project

Case Study / Problem Based Learning: Case Study Analysis

Formal Examination: Final Exam


Contact hours

Semester 1 - 2024 - Newcastle City Precinct

Workshop-1
  • Face to Face On Campus 3 hour(s) per fortnight for 6 fortnight(s) starting in week 1
  • Lecture (3hrs) for 6 weeks of 12 weeks (non-consecutive) and Online Discussion Forum (including interactions via Blackboard Collaborate) for 6 of 12 weeks.

Course outline