This module is designed to develop a comprehensive understanding of the major issues and problems associated with the formulation and implementation of international business strategies. This includes the key theories in international business and frameworks on foreign market entry strategies, global business strategies, organisational structures, and issues connected global sourcing. This theoretical understanding will then be illustrated and examined by reference to the way particular firms in contrasting industries have developed and implemented their international strategies. Particular attention will be devoted to understanding and discussing strategies for operating in extraordinarily risky environments.
Module learning outcomes
By the end of this module, students should be able to:
Demonstrate a critical understanding of various theories of MNE;
Identify and understand the strategic approaches to international expansion and management;
Develop a sound understanding of the constituents of the international business environment and the way these affect strategy and expectations;
Evaluate and apply learned concepts and theories.
Module content
Subject content
Why are MNEs important in international business
The evolution of international business
International market entry strategies
Multinational Strategies and the Global value chain
Organising international business activities
International Diversification Strategies
Corporate Strategy and National Competitiveness
Strategic risk management strategies in foreign markets
Responsibility in Global Business
- Handouts of the lecture slides will be available
- A detailed reading list giving a comprehensive coverage of the content of the module will be distributed at the first session.
- Case study material
Indicative assessment
Task
% of module mark
Essay/coursework
100
Special assessment rules
None
Indicative reassessment
Task
% of module mark
Essay/coursework
100
Module feedback
The timescale for the return of feedback will accord with UYMS policy.
Indicative reading
Collison, S., Rajneesh Narula, and Alan Rugman. 2020. International Business. London: Pearson