This course analyses the challenges and opportunities presented by the globalisation of markets and production for both domestic and multinational firms. The environment for global business is divided into three aspects; social and cultural; government and political; economic and technological. The course develops analytical frameworks encompassing economic and management theories; government policies; national differences in political, economic, legal and cultural systems to assess the challenges and opportunities presented by an increasingly integrated and interdependent global economy. Topics include the comparative economic, political, social environment of developed, emerging and transitional economies; cross-cultural management; managing geopolitics and international risk; assessing nongovernmental organisations and the regulation of the international economy such as the WTO and IMF; the costs-benefits of foreign investment; critiques of globalisation.
Availability2021 Course Timetables
- Trimester 3 - 2021 (Singapore)
Newcastle City Precinct
- Trimester 3 - 2021
Sydney Elizabeth Street
- Trimester 3 - 2021
- Trimester 2 - 2021
On successful completion of the course students will be able to:
1. Analyse international business environments and assess international risk.
2. Demonstrate understanding of alternative theories, assumptions, debates, and contemporary developments in the area of international business.
3. Apply theories, models and concepts to issues relating to international trade, economic integration and country attractiveness for foreign direct investment.
4. Critically discuss issues relating to decision-making and international investment.
5. Write a critically reflective case study analysis on country attractiveness for investment.
6. Work independently and collaboratively to analyse the international business environment and communicate the outcomes of a multi-stage project orally and in writing.
This course includes the following topics:
- Globalisation and International Business: Drivers, Opportunities and Threats
- Culture Differences and International Business
- National Differences in Political Economy - political economy & international geo-political risk
- Foreign Direct Investment (FDI) and Country Attractiveness
- The Global Trade and Investment Environment - politics of international trade; the world trading system; the World Trade Organisation.
- Competing and managing in a Globalising World - International business strategy and organisation; market entry.
- Regional Business Environments and Regional Economic Integration.
This course replaces GSBS6480. If you have successfully completed GSBS6480 you cannot enrol in this course.
Case Study / Problem Based Learning: Individual Case Analysis
Presentation: Group Project - Oral Presentation
Report: Group Project - Written Report
Formal Examination: Final Examination
Written Assignment: Weekly Core Learning Activities
Newcastle City Precinct, Online, PSB Singapore and Sydney Elizabeth Street
Face to Face On Campus 3 hour(s) per Week for Full Term
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.