This 3-credit undergraduate course provides an introduction to international business management. It focuses on how multinational enterprises deal with global challenges and opportunities related to cross-national differences. Topics covered include international business strategy and organization, market entry strategies, global manufacturing and supply chain management, and international human resource management. Students are evaluated based on class participation, assignments, a midterm exam, and a final exam.
This 3-credit undergraduate course provides an introduction to international business management. It focuses on how multinational enterprises deal with global challenges and opportunities related to cross-national differences. Topics covered include international business strategy and organization, market entry strategies, global manufacturing and supply chain management, and international human resource management. Students are evaluated based on class participation, assignments, a midterm exam, and a final exam.
This 3-credit undergraduate course provides an introduction to international business management. It focuses on how multinational enterprises deal with global challenges and opportunities related to cross-national differences. Topics covered include international business strategy and organization, market entry strategies, global manufacturing and supply chain management, and international human resource management. Students are evaluated based on class participation, assignments, a midterm exam, and a final exam.
This 3-credit undergraduate course provides an introduction to international business management. It focuses on how multinational enterprises deal with global challenges and opportunities related to cross-national differences. Topics covered include international business strategy and organization, market entry strategies, global manufacturing and supply chain management, and international human resource management. Students are evaluated based on class participation, assignments, a midterm exam, and a final exam.
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Course Title: INTERNATIONAL BUSINESS MANAGEMENT
2. Course code: IBS3005 3. Credit number: 3 4. Level: Undergraduate 5. Prerequisite: IBS2001- International Business 6. Course overview: This course provides basic management knowledge in international corporations, with a special focus on how MNEs deal with global challenges and opportunities that relate to the differences among nations or markets. Particularly, the course gives general knowledge about international business strategy and organization, entry strategy, global manufacturing management, international human resource management. Thus, this course is considered as an introductory course for other courses in the area of doing international business. 7. Course Learning Outcome (CLO)
Level of CLO learning # Course Learning Outcomes code (Bloom’s taxonomy) Explain the foundational contents about multinational 1 CLO1 2 corporations and international business management. Distinguish international business strategies by identifying the 2 CLO2 distribution and coordination of value-creation activities of 2 companies in different countries or markets. 3 CLO3 Identify the market entry modes of MNEs. 4 Analysis the relationships between operational management 4 CLO4 4 and international business strategies of MNEs. Have discipline and teamwork skills to solve problems 5 CLO5 effectively.
8. Requirements for students
- Comply with the lesson plan announced by lecturer. - Read the materials required by the lecturer before attending to class; implement individual and group assigments requested by the the lecturer. - Participate in all class’ activities and excercises, presentations and midterm exam. - Take part in the final exam announced by Examinations Department 9. Learning materials Required textbooks: TL1. International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). TL2. International business. Pearson Education. Rugman, A. M., & Collinson, S. (2009). Other readings and materials TK1. Global Business Today, Charles W. L. Hill, McGraw-Hill Irwin (2014) TK2. International Business – Strategy and the multinational company, John B. Cullen and K. Praveen Parboteeah, Routledge (2013) TK3. International Business, Allan M. Rugman and Simon Collinson, Prentice Hall (2006) TK4. International Business, Aswathappa, (2012). TK5. Transnational management:text, cases & rd, bartlett, (2014). TK6. International Business Management: Succeeding in a Culturally Diverse World. Kamal, F., & Jeongho, C. (2019). TK7. International business: Competing in the global market place. Hill, C. & Hult, G (2019).
10. Grading Scale: Credits - based system
11. Course content CHAPTER 1 OVERVIEW OF INTERNATIONAL BUSINESS MANAGEMENT
1.1. Overview of Multinational Corporations
1.1.1 Definition 1.1.2 Characteristics of Multinational Corporations 1.1.3. Internationalization process of MNCs 1.1.4. Motivations of doing international business 1.1.5. Factors leading the growth of MNCs 1.1.6. New trend in the development of MNCs 1.2. Overview of International Business Management 1.2.1 Definition 1.2.2 Major elements of International Business Management
Supplementary materials M1: Chapter 2 International business. Pearson Education. Rugman, A. M., & Collinson, S. (2009) (TL2) M2: Chapter 1: International Business Management: Succeeding in a Culturally Diverse World. Kamal, F., & Jeongho, C. (2019) (TK6) M3: Chapter 1: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M4: Other materials provided by lecturer CHAPTER 2 INTERNATIONAL BUSINESS STRATEGY
2.1. Overview of international business strategy
2.1.1 Overview of strategy 2.1.2 International business strategy 2.2. Selection of international business strategy
2.2.1 Factors affecting selection of international business strategy
2.2.2 Types of international business strategy
2.2.3 Selection of international business strategy
Supplementary materials M1: Chapter 13: International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). (TL1) M2: Chapter 13: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M3: Other materials provided by lecturer
CHAPTER 3
INTERNATIONAL BUSINESS ORGANISATION
3.1. Overview of business organisation 3.2. Organisation of international business 3.2. Organisational structure 1 3.2. Incentives and control 2 3.2. Process 3 3.2. Organisational culture 4 3.2. People 5 3.3. Organisation and international business strategy 3.3. Organisation and multi-domestic strategy 1 3.3. Organisation and international strategy 2 3.3. Organisation and global strategy 3 3.3. Organisation and transnational strategy 4 3.4. Organisational changes
Learning materials M1: Chapter 14: International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). (TL1) M2: Chapter 14: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M3: Other materials provided by lecturer
CHAPTER 4
ENTRY STRATEGY AND STRATEGIC ALLIANCES
4.1 Export and countertrade
. 4.1.1 Export 4.1.2 Countertrade 4.2 International Contract . 4.2.1 Licensing 4.2.2 Franchising 4.2.3 Turnkey project 4.3 Direct Investment 4.3.1 Wholely owned subsidiaries 4.3.2 Joint venture 4.4 Factors Affecting the Selection of International Market Entry Mode
Learning materials M1: Chapter 15-16: International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). (TL1) M2: Chapter 15: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M3: Other materials provided by lecturer
CHAPTER 5
GLOBAL PRODUCTION, OUTSOURCING, AND LOGISTICS
5.1 Where to produce
. 5.1.1 Factors affecting production allocation 5.1.2 Where to produce 5.1.3 Strategic roles of foreign factory 5.2 Buy or make decisions . 5.2.1 Advantages of make 5.2.2 Advantages of buy 5.2.3 Strategic alliances with suppliers 5.3 Managing a global supply chain 5.3.1 Definition 5.3.2 Characteristics of global supply chain 5.3.3 “Just-in-time” model
Learning materials M1: Chapter 14-15: International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). (TL1) M2: Chapter 17: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M3: Other materials provided by lecturer
CHAPTER 6
GLOBAL HUMAN RESOURCE MANAGEMENT
6.1 Overview . 6.2 Staffing policy 6.2.1 Ethnocentric approach 6.2.2 Polycentric approach 6.2.3 Geocentric approach 6.3 Performance appraisal and Compensation . 6.3.1 Selection and repatriation 6.3.2 Training and management development 6.3.3 Performance appraisal 6.3.4 Compensation 6.4 International labour relations
Learning materials M1: Chapter 19: International Business – Competing in the Global Marketplace, Charles W. L. Hill, McGraw-Hill Irwin (2013). (TL1) M2: Chapter 19: International business: Competing in the global market place. Hill, C. & Hult, G (2019) (TK7) M3: Other materials provided by lecturer
12. Matrix showing the alignment of Course Learning Outcomes (CLO) with Course’s content
# Chapter’s name CLO1 CLO2 CLO3 CLO4 CLO5
Overview of international business 1 X X management X 2 International business strategy X
3 International business organisation X X
4 Entry strategy and strategic alliances X X Global production, outsourcing, and 5 X X logistics 6 Global human resource management X X 13. Matrix showing the alignment of Course Learning Outcomes (CLO) with Teaching and Learning Methods (TLM)
CLO2 CLO1
CLO3
CLO4
CLO5 Teaching and learning # Code method
1 TLM1 Explicit teaching X X X X
2 TLM2 Lecture X X X X 3 TLM3 Guest lecture 4 TLM4 Problem solving 5 TLM5 Brainstorming 6 TLM6 Case study X X X X X 7 TLM7 Role play 8 TLM8 Games 9 TLM9 Field trips 10 TLM10 Debates 11 TLM11 Discussion X X X X X 12 TLM12 Teamwork learning X X X X X 13 TLM13 Inquiry 14 TLM14 Research project 15 TLM15 Technology-based approach 16 TLM16 Work assigment 17 TLM17 Others 14. Time allocation for 3 credits (1 credit = 15 periods)
Chapter’s name Number of periods Teaching
and # Theory Practice/Discussion (*) Total Learning methods TLM1, Chapter 1: Overview of TLM2, 1 international business 5 1 6 TML6, management TLM11, TLM12 2 Chapter 2: International 9 3 12 TLM1, business strategy TLM2, TLM6, TML11, TML12 TLM1, TLM2, Chapter 3: International 3 3 3 6 TML6, business organisation TML11, TML12 TLM1, Chapter 4: Entry TLM2, 4 strategy and strategic 6 3 9 TML6, alliances TML11, TML12 TLM1, Chapter 5: Global TML2, production, 5 3 3 6 TLM6, outsourcing, and TML11, logistics TML12 TLM1, Chapter 6: Global TLM2, 6 human resource 3 3 6 TML6, management TML11, TML12 Total 29 16 45
Notes: Number of practice/discussion periods in reality is twice of the designed period number of practical work/discussion 15. Matrix showing the alignment of Course Learning Outcomes (CLO) with Assessment Methods (AM)
