Bachelor
2024/2025
Business and Management in Global Context
Type:
Compulsory course (International Program 'International Relations and Global Studies')
Area of studies:
International Relations
Delivered by:
Faculty of World Economy and International Affairs
When:
2 year, 3, 4 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Elena Dimova
Language:
English
ECTS credits:
4
Course Syllabus
Abstract
The course provides a review of international management as a area of theoretical development as well as a field of practice. It comprises the problem areas of globalization, world economy and modern approaches to organisation and business. Main blocks of the course are trends and drivers of globalisation, political, economic and legal environments of international business, business ethics and corporate social responsibility in the modern world, international trade and investment, international business strategy, organisation of international business, functional areas of international management (marketing, R&D ect.) global information systems management. The course includes elements of economics, general management theory, psychology, anthropology and sociology. Business cases are used as application of theoretical concepts. The main objective of the course is to present modern concepts of international management to the students and help them to develop skills in analysis of global business both in terms of its internal functioning and interaction with the different types of environment. The purpose of discipline - acquaint students with principles of international management, to demonstrate the use of marketing tools in the international markets and decision-making in this field
Learning Objectives
- Explain how the economic, political/legal, financial environments, and global trends affect international business operations
- Prepare students to understand cultural, ethical, and social issues for international business and to suggest policies for corporate social responsibility and sustainable business practices
- Discuss how cultural and behavioral differences influence countries business practices, and how these differences can beaddressedusing appropriate strategies.
- Develop the ability to assess international trade and investment, multilateral organizations, and regional integration, as well as the global financial system
- Forming an understanding of how firms develop international business strategies, enter markets and alliances.
- Give insight through frameworks, studies, and examples of how businesses manage marketing and research & development, organizational structure and architecture, sourcing and the supply chain, information systems, and human resources globally, regionally, and domestically
- • Prepare students to assess project and change management practices in an international context.
- • Provide an introduction to the major emerging digital technologies, and how tomanage these into operation and become digita lbusinesses internationally.
- Overall, prepare students to work within international context to make judgements on strategizing and managing operations in the global
Expected Learning Outcomes
- Students will be able to carry out occupational or applied activities in an international environment.
- Students will be able to find organizational and managerial decisions and ready to take responsibility for them.
- demonstrate knowledge of, and the ability to assess, core institutions of international business and how firms manage on the global stage
- assess regional, cultural and institutional differences in how business is conducted globally
- apply core understandings, frameworks and management principles to specific business contexts
- formulate choices and decisions in international business strategy and operations
- operate as an informed employee in an international firm.
- Form an understanding of how firms develop international business strategies, enter markets and alliances.
- Apply frameworks and explain how businesses manage marketing and research & development, organisational structure and architecture, sourcing and the supply chain, information systems and human resources globally, regionally and domestically.
- Assess project and change management practices in an international context
- Understand the major emerging digital technologies, and how to manage these into operation and become digital businesses internationally
Course Contents
- Perspectives on globalization and international business
- Political, economic and legal environments
- Culture society, ethics and corporate social responsibility
- International trade and investment
- Global and regional integration and multilateral organisations
- The global financial system
- Strategy and the enterprise in international contexts
- Competitive strategy for international business
- Entry strategies, alliances and evolution
- Organisation of international business
- Marketing and R&D
- Global sourcing of production and services
- Global information systems management
- International dimensions of human resources management.
- International project and change management
- Moving to global digital business
Assessment Elements
- Final Exam (oral)
- Home assignments, class assignments, quizzes
- Class activity and participation in group discussions, presentations
- Midterm assignment (3d Module)
Interim Assessment
- 2024/2025 4th module0.1 * Class activity and participation in group discussions, presentations + 0.4 * Final Exam (oral) + 0.3 * Home assignments, class assignments, quizzes + 0.2 * Midterm assignment (3d Module)
Bibliography
Recommended Core Bibliography
- Global business management foundations, Willcocks, L. P., 2016
- International business, Peng, M. W., 2011
- Oshri, I., Kotlarsky, J., & Willcocks, L. (2015). The Handbook of Global Outsourcing and Offshoring 3rd Edition (Vol. 3rd edition). Houndmills, Basingstoke, Hampshire: Palgrave Macmillan. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1331561
- Peng, M. W. (2001). The resource-based view and international business. Journal of Management, 27(6), 803. https://doi.org/10.1177/014920630102700611
Recommended Additional Bibliography
- The outsourcing enterprise : from cost management to collaborative innovation, Willcocks, L. P., 2011