Theory in International Business

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.