International Management and Organisational Functions

Module summary

Module code: BUSI1346
Level: 6
Credits: 30
School: Business Faculty
Department: International Bus and Economics
Module Coordinator(s): Michael Wynn-Williams

Specification

Aims

To give students a clear insight into the major external environmental factors governing international business management. To provide an understanding of various management functions in an international context at both a conceptual and a practical level.

Learning outcomes

On successful completion of this module a student will be able to:

1. Critically analyse the rationale for internationalisation and international operations.
2. Manage environmental and financial risk for investment.
3. Make Foreign Direct Investment (FDI) assessments – distinguishing between horizontal and vertical FDI.
4. Critically analyse the relationship between modes of entry, environment and strategy.
5. Evaluate the management of international strategic alliances.
6. Assign organisational structures to corporate strategies and include considerations of international cultural diversity.

Indicative content

• The rationale for going international.
• Measuring and managing environmental risk.
• The rise of foreign direct investment (FDI).
• Managing strategic dilemmas.
• Relationship between modes of entry, environment and strategy.
• Managing international strategic alliances.
• Organisation structure and culture.
• Control systems and incentives in international contexts.
• National and international accounting standards and the consequences of differing standards.
• Investment decisions and financing decisions.
• Techniques for global money management.
• Managing foreign exchange risk.
• Human resource considerations in internationally-oriented companies.
• Managing international operations.

Teaching and learning activity

The module will be delivered through a weekly lecture and a tutorial. Lectures will provide a comprehensive conceptual framework of all the key areas of international management. Tutorials will focus on the discussion of case studies, the exploration of issues, and student presentations and will involve tutor led discussions, group work and role play. Directed and self-managed learning and research will take place outside lectures and tutorials. Students will work in groups of 4-5 for preparation and presentations. Scheduled contact hours include: practical classes and guest speakers taking place in lectures (24) and tutorials (24). Other non-scheduled time: guided independent study including preparation for scheduled sessions, follow up work, wider reading or practice, revision.

Assessment

Exam: 40% weighting, 40% pass mark.
Learning Outcomes: 1 - 6.

Essay: 40% weighting, 40% pass mark.
Learning Outcomes: 1 - 6.
Word Length: 2000 words.

Reflection Report: 20% weighting, 40% pass mark.
Learning Outcomes: 1, 5.
Word Length: 1500 words
Outline Details: Formative presentation in-class followed by individual submission of Reflection Report.

Formative Assessment: In-class group presentation in support of individual Reflection Report submission.