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.
Availability2021 Course Timetables
- Trimester 2 - 2021 (Singapore)
- Trimester 3 - 2021 (Singapore)
Newcastle City Precinct
- Semester 2 - 2021
This course replaces the following course(s): IBUS2000. Students who have successfully completed IBUS2000 are not eligible to enrol in IBUS3000.
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
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.
If you have successfully completed IBUS2000, you cannot enrol in this course.
Assumed knowledge for this course is IBUS1000, IBUS2001 and IBUS2003
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
Newcastle City Precinct and PSB Singapore
Integrated Learning Session
Face to Face On Campus 2 hour(s) per Week for Full Term
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.
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.