This module explores the range of issues encountered by engineering managers during the development, implementation and operation of an international business. It will cover cultural and cross cultural issues, international trading and human resource issues, trading exposure and financial risk issues.
Occurrence | Teaching period |
---|---|
A | Semester 2 2023-24 |
Subject content aims:
Graduate skills aims:
Subject content learning outcomes
After successful completion of this module, students will:
Graduate skills learning outcomes
After successful completion of this module, students will:
Introduction & What is Culture
Models of Cultural Orientations
Comparing Cultures and the Culture and the Organisation
Culture and Human Resource Management & Managing International Teams
International Marketing
Going Global & Introduction to International Business
Globalisation
International Business Strategy
Entry Strategy to Foreign Markets and Selecting an Entry Mode
Foreign Exchange Risk Exposure Management Techniques
Forward contracts, Options and Futures
Country Risk Analysis
Task | % of module mark |
---|---|
Essay/coursework | 80 |
Oral presentation/seminar/exam | 20 |
None
The international business module assignment comprises two components (presentation and report) both of which students should complete individually. Together they focus on the culture and impact on trade relating to ONE country (other than the UK). Both assignments must use the same country.
Individual presentation, worth 20% of the module mark:
Students will do a presentation on a topic related to the culture and economy of the chosen country to identify the significance of these cultures and traditions in facilitating International and domestic business opportunities.
Individual Report: worth 80% of the module mark:
Students will write an International Business Plan. Students will expand a business idea into an International setting by trading with their chosen country. Students will analyse the environment of the country where they want to expand from a Cultural, Economic, Legal, and Political perspective and research how these factors affect the global expansion of their business. Students will need to consider the laws, industrial and market trends, and the target market.
Task | % of module mark |
---|---|
Essay/coursework | 80 |
Essay/coursework | 20 |
'Feedback’ at a university level can be understood as any part of the learning process which is designed to guide your progress through your degree programme. We aim to help you reflect on your own learning and help you feel more clear about your progress through clarifying what is expected of you in both formative and summative assessments. A comprehensive guide to feedback and to forms of feedback is available in the Guide to Assessment Standards, Marking and Feedback.
The School of PET aims to provide some form of feedback on all formative and summative assessments that are carried out during the degree programme. In general, feedback on any written work/assignments undertaken will be sufficient so as to indicate the nature of the changes needed in order to improve the work. The School will endeavour to return all exam feedback within the timescale set out in the University's Policy on Assessment Feedback Turnaround Time. The School would normally expect to adhere to the times given, however, it is possible that exceptional circumstances may delay feedback. The School will endeavour to keep such delays to a minimum. Please note that any marks released are subject to ratification by the Board of Examiners and Senate. Meetings at the start/end of each term provide you with an opportunity to discuss and reflect with your supervisor on your overall performance to date.
Eun, C.S. & Resnick, B.G. (2014). International Finance, McGraw Hill Education.
Wild, J. J., & Wild, Kenneth L. (2019). International business : the challenges of globalization. (9th ed.).London: Pearson.
Hofstede, G. (2001). Cultural Consequences: Comparing values behaviours, Institutions and organisations across the nations, Sage.
Hill, C. (ed) 2012. International Business: Competing in the Global Marketplace, McGraw-Hill Education.
Eun, C.S. & Resnick, B.G. (2014). International Finance, McGraw Hill Education.
Deresky, H (2014). International Management: Managing across Borders and Cultures, Pearson Education.
Dicken, P. (2015). Global Shift: mapping the changing contours of the world economy, Sage.