IBUS3000
10 units
3000 level
Course handbook
Description
Multinational firms leverage their capabilities and competencies to create competitive advantage in international and global markets. This course analyses how, and also studies equity and non-equity strategic alliances as forms of global competition. A key purpose is to understand how managers design and implement international business strategies. Topics include assessing foreign market attractiveness; understanding how culture and political, legal and economic systems pose risks to the operation of foreign firms; building and operating global networks; and formation and operation of collaborative alliances. Informed by an integrated knowledge of international business, political and cultural interaction, students develop the valued attributes of inquiry, team processes and communication.
Availability2024 Course Timetables
Singapore PSB
- Trimester 1 - 2024 (Singapore)
Newcastle City Precinct
- Semester 2 - 2024
Nurture - Van Lang University
- Semester 2 - 2024
Replacing course(s)
This course replaces the following course(s): IBUS2000. Students who have successfully completed IBUS2000 are not eligible to enrol in IBUS3000.
Learning outcomes
On successful completion of the course students will be able to:
1. Identify the key business, political and social issues raised by international business cases
2. Think critically about underlying theories, concepts, assumptions and arguments in international business strategic management
3. Demonstrate strategic thinking and conduct strategic analysis of business opportunities in an international context
4. Comprehend how national and international economic, political, legal and commercial organisations and institutions impact upon multinational enterprises and strategic alliances
5. Work independently and collaboratively to analyse international business strategies, reflect upon, and communicate the outcomes of each project stage
6. Engage in inquiry processes to understand the integration of planning and implementation of international business strategies
7. Develop the essential international perspectives, which inform professional standards and ethical practice in global business environments
Content
This course includes the following topics:
- Globalisation, International Trade and International Business Strategy
- International Location Decisions: government policies towards multinational enterprises (MNEs), differences in political economy, ethics, culture and risk-assessment.
- Competitive Advantage: resource and capability-based models of building competencies in international business.
- Forms of International Market Involvement: market entry, intermediate arrangements and wholly owned market entry strategies.
- Strategic Alliances and Networks: motivations, cooperation, learning and conflict within alliances.
- Competitive Dynamics: Competition, cooperation and industry attractiveness
- Implementing International Business Strategies: organisational structure and control in MNEs, HQ and subsidiary relationships, international management functions and knowledge management in MNEs.
Requisite
If you have successfully completed IBUS2000, you cannot enrol in this course.
Assumed knowledge
Assumed knowledge for this course is IBUS1000, IBUS2001 and IBUS2003
Assessment items
Case Study / Problem Based Learning: Case Study / Problem Based Learning: Individual Case Study Analysis
Project: Project: Group Research Project
Formal Examination: Formal Examination: Final Exam
Contact hours
Trimester 1 - 2024 (Singapore) - Singapore PSB
Integrated Learning Session-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Semester 2 - 2024 - Newcastle City Precinct
Integrated Learning Session-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Semester 2 - 2024 - Nurture - Van Lang University
Integrated Learning Session-1
- Face to Face On Campus 2 hour(s) per week(s) for 13 week(s) starting in week 1
- Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.
Course outline
- IBUS3000 - Semester 2, 2023 (Newcastle) (PDF, 242.3 KB)
- IBUS3000 - Trimester 1, 2024 (Singapore) (PDF, 244.6 KB)
The University of Newcastle acknowledges the traditional custodians of the lands within our footprint areas: Awabakal, Darkinjung, Biripai, Worimi, Wonnarua, and Eora Nations. We also pay respect to the wisdom of our Elders past and present.