International Markets and Responsible Business Practices (4 ECTS)

Learning outcomes

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

Teaching methods

Interactive Lecture
Problem Based Learning
Guided Learning Exercises

Learning materials and recommended literature

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

Internship and working life 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 for students

Tuition in English

Assessment methods and criteria

Skills Demonstration 50%
Learning Assignment 1 50%

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.