International Markets and Responsible Business Practices (5 cr)

Objective

Upon completion of the course students will be able to understand the basic concepts of responsible business and apply them in practice in an international business environment.

The student will be able to understand, discuss and illustrate the issues relevant to firms engaging in international business. By the end of the course the student will have an overview of entrepreneurship, be able to describe the firm as operator of business, understand the effect of trade agreements on business opportunities and internationalisation, understand sustainability implications in setting business objectives, be able to present the factors influencing competitiveness and internationalisation models as well as be able to discuss and demonstrate the role and impact of political, economic, environmental, social and cultural variables in international business practice.

Content

- The Business Organisation and its role in society
- Business Objectives and Responsible Business
- International Trade Theory
- International Trade Institutions
- Determinants of Cross-border Business Practice
- International Business Environment Analysis and Strategy
- Cultural Implications in International Business
- International Business, Corporate Social Responsibility and Business Ethics
- Sustainable development goals

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%