International Business Environment

Course code GSBS6480Units 10Level 6000Faculty of Business and LawNewcastle Business School

This course focuses on a corporation's or a firm's relationships with its resources, capabilities and its environment. The environment is divided into three aspects; social and cultural; government and political; economic and technological. The course introduces students to the management instruments of particular relevance to a corporation/firm doing business internationally. The course explores the particular challenges of economic integration and globalisation faced by an international business.

The globalisation of markets and production provides both challenges as well as opportunities for firms and corporations seeking to engage in international business. This course will contribute to the program by providing students with the essential knowledge required to be global managers. Specifically, the course provides a systematic analytical framework that encompasses economic theories; government policies; national differences in political, economic and cultural business strategies and organisational structures to analyse the micro and macro dimensions of international business.

Not available in 2014

Previously offered in 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004
ObjectivesAt the conclusion of this course, students will be:
1. Equipped with skills and abilities to analyse complex international business issues and strategies.
2. Able to apply the fundamental economic concepts in international business.
3. Able to use and analyse on-line data sources.
4. Conversant with alternative theories, assumptions, applications, debates, and recent development in the area of international business.
5. Able to apply the theories, models and concepts to contemporary issues relating to trade export promotion, WTO and economic integration, international finance, strategy of international business, organisation of international business, and international business operations.
6. Able to critically discuss issues relating to international business decision-making.
7. Able to develop and present a critically reflective, well written, case analysis.
8. Skilled at working both independently and as a member of a group.
ContentContemporary International Business Environment and Globalisation
National Differences in Political Economy, Cultural, and Legal Systems: Implications for International Business
Trade, Foreign Direct Investment, and Multinational Corporations
Global Monetary Framework and International Business Transactions
International Business and Firms Strategies and Structures
International Business Operations
Replacing Course(s)na
Transitionna
Industrial Experience0
Assumed KnowledgeNo prior knowledge of the international business is required however it is expected that students have the required academic skills in information collection, evaluation, compilation and presentation.
Modes of DeliveryExternal Mode
Flexible Delivery / Student Centred Learning
Internal Mode
Teaching MethodsCase Study
Lecture
Student Projects
Assessment Items
Essays / Written Assignments
Examination: Formal
Group/tutorial participation and contribution
Presentations - Group
Projects
Contact HoursLecture: for 3 hour(s) per Week for Full Term