Available in 2018, 2019
Course code

GMBA6001

Units

10 units

Level

6000 level

Course handbook

Description

Globalisation is a complex phenomenon, with contested meanings. Broadly, globalisation refers to linkages or integration across nations, in labour and capital markets, in trade, communications, and technology. A major driver of, and mechanism for, globalisation is business, through trans-border production and consumption of goods and services. There are also other active stakeholders in globalisation, including governments, regional or international inter-governmental organisations focused on specific interests (eg. economics, trade, labour standards), local communities, non-government organisations (NGOs), and unions. The intersecting forces of globalisation can have positive, negative, and, sometimes, entirely unexpected consequences. While globalization has the potential to deliver general benefits, the specific interests of these stakeholders can and do come into conflict with the interests of business. Because of this, it is critical for managers to understand the context, the stakeholders, the institutions, and the relevant rules and regulations that will influence how they operate in the global environment.


Availability2018 Course Timetables

Newcastle City Precinct

  • Semester 2 - 2018
  • Semester 2 - 2019
  • Semester 1 - 2019

Learning outcomes

On successful completion of the course students will be able to:

1. Explain and critically analyse different meanings of globalisation

2. Conduct sophisticated analyses of the context, interests and power of various stakeholders affected by globalisation, including business

3. Explain and predict opportunities for and threats to business in interacting with and responding to other stakeholders in globalisation

4. Plan for, develop and use systems and processes to stay informed about globalisation


Content

The content in this course includes the following:

1.  Globalisation: debates and controversies

2.  Forms of global business organization, and their impact

3.  Taking a stakeholder perspective on globalization and business - mapping and analysing stakeholders’ power, interests and interactions

4.  Analysing interaction between stakeholders and business in specific contexts, industries, countries or groups of countries. Stakeholders to include five or more of the following:

  • regional economic organizations or agreement s(eg. NAFTA, APEC.)
  • regional political organizations (eg. ASEAN, EU)
  • single countries, with specific economic/social objectives or characteristics
  • the International Labour Organization (ie. ILO) and/or member countries
  • international professional, accrediting or regulatory organizations (eg. International accounting standards; intellectual property)
  • non-government organization (NGO) or unions representing the rights of specific labour groups (eg. migrants, child workers, union members)
  • non-government organization (NGO) with concern for specific issues (eg. environmental conservation, water rights, land rights)

5. Developing an integrated business response to a complex stakeholder environment

6. Developing a proactive, global mindset

7. Developing information and knowledge systems to support effective business responses to globalization and change.


Requisite

To enrol in this course you must be active in the Master of Business Administration (Global) program (40160).


Assessment items

Written Assignment: Written Assignment

Written Assignment: Essay

Formal Examination: Open Book Examination


Contact hours

Newcastle City Precinct

Workshop

Face to Face On Campus 3 hour(s) per Week for 12 Weeks