International and Geopolitical Risk

Course code IBUS3002Units 10Level 3000Faculty of Business and LawNewcastle Business School

Global companies continually face an increasing variety of business, political, economic and security risks that can directly ipact both operation and profit. This course identifies and analyses the multi-level risk environments facing today's global businesses and investigates strategies to identify, assess, manage and mitigate international and geopolitical risk.

Focusing upon multinational enterprise and expropriation, sovereign risk and corruption, political and regulatory risk, brand and corporate reputation risk; financial and economic risk; risk from NGOs; consumer, human right and protest group risks; terrorism risk, students investigate the various analytical approaches involved in designing risk identification systems, reporting and monitoring protocols, and how risk is able to be assessed, prioritized and effectively managed.

Available in 2015

Callaghan CampusSemester 1
Previously offered in 2014
ObjectivesOn successful completion of this course, you will be able to:
1. Assess patterns and trends in the current international competitive environment
2. Analyse, synthesise and critically evaluate the usefulness of theories of risk in international business environments.
3. Identify and explain the tensions between achieving economic and social outcomes.
4. Demonstrate an evaluative awareness of ethical issues in international business, and demonstrate the capacity to deal with these issues in your personal and professional lives
5. Develop rigorous, analytical and theoretical frameworks applied to the operation of global business environments.
6. Comprehend the complexity of the institutional environment and the risks apparent for firms operating internationally.
7. Investigate and communicate a critical awareness of the political, economic, social, and cultural factors which influence international business operations.
ContentThis course may include the following topics:
1. Types of Risks
2. Geopolitical Risks: Terrorism; Corruption;
3. Sovereign Risk: Host Governments and Expropriation
4. Systematic Risks
5. Managerial Decision-making: Risks and Imperfect Information
6. Contracting for Risk: Contractual Safeguards and Credible Commitments
7. Tools to Assess Risk
8. Risk Monitoring Framework
9. Contingency Planning
10.Anticipatory Capabilities
Replacing Course(s)Nil
Industrial Experience0
Assumed KnowledgeIBUS2000 and IBUS2001
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written AssignmentsCase study analysis
Examination: Formal
Presentations - Individual
Contact HoursLecture: for 2 hour(s) per Week for Full Term
Tutorial: for 1 hour(s) per Week for 12 weeks
Timetables2015 Course Timetables for IBUS3002