International Markets and Business Practice (5 cr)

Objective

The student will be able to understand and discuss the issues faced by firms engaging in international business. By the end of the course the student will have an overview of entrepreneurship, be able to describe the nature of the firm as engine of business, understand the effect of trade agreements on business opportunities and internationalisation, identify factors influencing competitiveness and internationalisation models as well as discuss the role and impact of political, economic, social and cultural variables in international business practice.

Content

- The Business Organisation
- International trade theory
- International trade institutions
- Determinants of cross-border business practice
- Managing intercultural encounters
- Ethics and international business

Materials

Learning materials and recommended reading will be made available on the first day of lecture

Teaching methods

Interactive Lecture
Problem Based Learning
Guided Assignment

Employer connections

Understanding the factors relevant to international business strategy

Understanding the implication of culture and ethics for socially responsible international business practice

Student workload

The syllabus (Course Planner/Schedule) will be made available on the first day of lecture

Further information

Tuition in English

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student has achieved the course objectives fairly. The student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment criteria, good (3)

The student has achieved the course objectives well, even though the knowledge and skills need improvement on some areas. The student is able to define the course concepts and models and are able to justify the analysis. The student is able to apply his/her knowledge in leisure, study and work situations. The student understands the importance of expertise in the field of business and is able to analyze his/her own expertise.

Assessment criteria, excellent (5)

The student has achieved the objectives of the course with excellent marks. The student masters commendably the course subject area’s concepts and models.The student is able to make justified and fluent analysis and to present concrete development measures. The student is well prepared to apply his/her knowledge in leisure, study and work situations. The student is able to analyze the business sector expertise and the development of his/her own expertise.

Assessment criteria, approved/failed

The student has achieved the course objectives fairly. Student will be able to identify, define and use the course subject area’s concepts and models. The student understands the criteria and principles of the expertise development.

Assessment methods and criteria

Skills Demonstration 40%
Learning Assignment 1 30%
Learning Assignment 2 30%

Objective

The student will be able to understand and discuss the issues faced by firms engaging in international business. By the end of the course the student will have an overview of entrepreneurship, be able to describe the nature of the firm as engine of business, understand the effect of trade agreements on business opportunities and internationalisation, identify factors influencing competitiveness and internationalisation models as well as discuss the role and impact of political, economic, social and cultural variables in international business practice.

Content

- The Business Organisation
- International trade theory
- International trade institutions
- Determinants of cross-border business practice
- Managing intercultural encounters
- Ethics and international business