International Markets and Responsible Business Practices (4 ECTS)

Objective

Upon completion of the course, the student will be able to
• understand, discuss and illustrate the issues relevant to firms engaging in international business
• have an overview of entrepreneurship
• describe the firm as an operator of business
• understand the effect of international trade institutions on business opportunities
• understand sustainability implications in setting business objectives
• analyse the firm’s business environment and competitiveness relating to its international business strategy
• recognise key challenges of sustainable development as well as independently research and apply related multidisciplinary information to an international business environment
• understand the fundamentals of responsible business and the competitive advantages related to sustainable business practices.

Content

• Business organisation and its role in society
• Business objectives and responsible business
• International business opportunities and business practices
• International business environment analysis and strategy
• Key theories of ethics and corporate responsibility
• Inner development goals and European GreenComp
• The relationship between sustainable development and business

Evaluation scale

0-5

Assessment criteria, satisfactory (1)

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.

Assessment criteria, good (3)

The student
• has achieved the objectives of the course well, although there are still areas where knowledge and skills need to be improved
• has a good understanding of the concepts and models of the subject matter of the course and is able to carry out a reasoned analysis
• is able to apply what they have learned in leisure, learning and working life situations
• understands the importance of expertise in business and is able to analyse their own expertise.

Assessment criteria, excellent (5)

The student
• has achieved the objectives of the course with excellent marks
• has an excellent command of the concepts and models of the subject matter of the course
• is able to analyse clearly and reasonably and propose practical development measures
• has a good ability to apply what they have learned in leisure, learning and working life situations
• is able to analyse expertise in business and their own development towards expertise.

Assessment criteria, approved/failed

The student
• has achieved the objectives of the course to a satisfactory level
• is able to identify, define and use concepts and models in the subject area of the course
• understands the conditions and principles of the development of expertise.