Course code GSBS6003Units 10Level 6000Faculty of Business and LawNewcastle Business School

This course analyses the challenges and opportunities presented by the globalisation of markets and production for both domestic and multinational firms. The environment for global business is divided into three aspects; social and cultural; government and political; economic and technological. The course develops analytical frameworks encompassing economic and management theories; government policies; national differences in political, economic, legal and cultural systems to assess the challenges and opportunities presented by an increasingly integrated and interdependent global economy. Topics include the comparative economic, political, social environment of developed, emerging and transitional economies; cross-cultural management; managing geopolitics and international risk; assessing nongovernmental organisations and the regulation of the international economy such as the WTO and IMF; the costs-benefits of foreign investment; critiques of globalization.

Available in 2015

Newcastle City PrecinctTrimester 1, Trimester 2, Trimester 3
Sydney Bathurst StreetTrimester 1, Trimester 2, Trimester 3
UoN SingaporeTrimester 3
WebLearn GradSchoolTrimester 1, Trimester 3
Previously offered in 2014
ObjectivesOn successful completion of this course students will able to:

1. Analyse international business environments and assess international risk.
2. Demonstrate understanding of alternative theories, assumptions, debates, and contemporary developments in the area of international business.
3. Apply theories, models and concepts to issues relating to international trade, economic integration and country attractiveness for foreign direct investment.
4. Critically discuss issues relating to decision-making and international investment.
5. Write a critically reflective case study analysis on country attractiveness for investment.
6. Work independently and collaboratively to analyse the international business environment and communicate the outcomes of a multi-stage project orally and in writing.
ContentThis course includes the following topics:

• Globalization and International Business: Drivers, Opportunities and Threats
• Culture Differences and International Business
• National Differences in Political Economy – political economy & international geo-political risk
• Foreign Direct Investment (FDI) and Country Attractiveness
• The Global Trade and Investment Environment – politics of international trade; the world trading system; the World Trade Organization.
• Competing and managing in a Globalizing World – International business strategy and organization; market entry.
• Regional Business Environments and Regional Economic Integration.
Replacing Course(s)This course replaces GSBS6480 International Business Environment.
TransitionThis course is not available to students who have completed GSBS6480 International Business Environment. GSBS6003 will be a replacement course for GSBS6480 International Business Environment.
Industrial Experience0
Assumed KnowledgeThere is no assumed knowledge for this course.
Modes of DeliveryDistance Learning : IT Based
Flexible Delivery / Student Centred Learning
Internal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written AssignmentsCase Study Analysis
Group Research Project
Examination: Formal
Presentations - GroupPresentation of Research Project
Contact HoursLecture: for 3 hour(s) per Week for Full Term
Timetables2015 Course Timetables for GSBS6003