INTBUS 7500 - Fundamentals of International Business (M)

North Terrace Campus - Semester 2 - 2014

This course prepares graduate students for operating and managing business in the international and global environment, analysing factors that facilitate integration into an international, regional and global marketplace. The broad content themes include regionalisation, globalisation and the multinational enterprise; theory of trade and investment; conducting business in different political, economic and socio-cultural systems; the impact of economic development and social change; the role of international law and international organisations and institutions; and the challenges of international security. This inter-disciplinary course is taught collaboratively, using case study and country risk analyses. The course thereby provides students with the opportunity to develop skills in comparative analysis, managing risk and identifying opportunities, intercultural competency, as well as a consideration of ethics and human rights in business, both locally and overseas.

  • General Course Information
    Course Details
    Course Code INTBUS 7500
    Course Fundamentals of International Business (M)
    Coordinating Unit Business School
    Term Semester 2
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Up to 3 hours per week
    Corequisites ECON 7224
    Course Description This course prepares graduate students for operating and managing business in the international and global environment, analysing factors that facilitate integration into an international, regional and global marketplace. The broad content themes include regionalisation, globalisation and the multinational enterprise; theory of trade and investment; conducting business in different political, economic and socio-cultural systems; the impact of economic development and social change; the role of international law and international organisations and institutions; and the challenges of international security. This inter-disciplinary course is taught collaboratively, using case study and country risk analyses. The course thereby provides students with the opportunity to develop skills in comparative analysis, managing risk and identifying opportunities, intercultural competency, as well as a consideration of ethics and human rights in business, both locally and overseas.
    Course Staff

    Course Coordinator: Dr Cullen Habel

    Name: Dr. Olga Muzychenko
    Location: Room 1032, Building Nexus 10
    Telephone: 8313 4517
    Email: olga.muzychenko@adelaide.edu.au
    Consultation time: The lecturer is available for consultation after each class and by appointment at any other time. The best way to contact the lecturer is via e-mail.

    Dr. Olga Muzychenko (http://www.adelaide.edu.au/directory/olga.muzychenko ) is a lecturer at the University of Adelaide Business School. Prior to joining the Business School Olga worked for other Australian and French universities. Olga’s expertise in the field of Global Business is based on her research and past industry experience. Olga’s research interests include internationalisation of small and medium-sized enterprises, international business opportunity identification, global mindset and cross-cultural competence. She authored and co-authored a number of refereed publications in international academic journals. Her expertise in the subject area is complemented by experience of working and living in different countries such as United Kingdom, Australia, France, China, Singapore, Hong-Kong, Italy, Russia, and Armenia.

    Olga has been consulting for the International Labor Organisation. In this capacity her assignments included training government officials and professionals from many countries at the International Training Centre of International Labor Organisation in Turin, Italy.
    Olga holds a PhD from the University of Adelaide (Australia), MSc from the University of Stirling (UK) and BA (Hons) from the Moscow State University (Russia). Her PhD research explored international opportunity identification by Australian entrepreneurs and the role of cross-cultural competence in that process.
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, students will be able to…

    1. Use their understanding of concepts, tools and language in international business practice to address managerial problems in international business;

    2. Explain and analyse the complexity and diversity of the International business environment;

    3. Recognise global issues and discuss their implications for international business;

    4. Critically analyse and interpret the international business issues, affairs and information, which will lead them to better managerial decision-making;

    5. Interact with peers (as individual and as team members) as part of the continuing learning process.
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1,3,4
    The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 2,4
    An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 2,3,5
    Skills of a high order in interpersonal understanding, teamwork and communication. 2,5
    A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 4,5
    A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 4,5
    An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 2,3,4
  • Learning Resources
    Required Resources
    1. The textbook: Hill, Charles W. L. (2014). International Business – Competing in the Global Marketplace. 9th ed McGraw-Hill/Irwin, New York.
    2. Compulsory supplementary readings: An interactive list containing links to supplementary compulsory readings will be provided before the course start date via MyUni.
    3. Learning materials posted on MyUni on a weekly basis.
    Course Website: www.myuni.adelaide.edu.au
    Recommended Resources
    Books:
    Bartlett, C.A. & Ghoshal, S. 1989. Managing across borders: The transnational solution. Harvard Business School, Boston, Mass.
    Doz, Y., Santos, J. and Williamson, P. 2001. From Global to Metanational: How Companies Win in the Knowledge Economy, Harvard Business School Press
    Dunning, J.H. 1993. Multinational Enterprises and the Global Economy, Addison Wesley.
    Fukuyama, F. 1992. The end of history and the Last Man. New York: Free Press.
    Ghemawat, P. 2007. Redefining global strategy: Crossing borders in a world where differences still matter. Harvard Business School Publishing.
    Ghemawat, P. 2011.World 3.0: Global Prosperity and How to Achieve It. Harvard Business School Publishing.
    Khanna, T. and Palepu, K. 2010. Winning in Emerging Markets: A Road Map for Strategy and Execution . Harvard Business School Publishing.
    Huntington, S. P. 1996. The clash of civilizations and the remaking of the world order. New York: Simon and Schuster.
    Johansson, J. 2008. Global marketing: Foreign entry, local marketing, and global management. McGraw Hill/Irwin.
    Lasserre, P. and Schutte, H. 2006, Strategies for Asia Pacific: Meeting new challenges, Macmillan Business, Sydney.
    Madura, J. 2002. International financial management, South-Western College Publishing, Cincinnati.
    Ohmae, K. 1990. The Borderless World, Harper Business Press.
    Porter, M.E. 1986. Competition in global industries. Boston: Harvard Business School Press.
    Porter, M.E. 1990. The competitive advantage of nations. The Free Press, New York.
    Rugman. A. 2001. The end of globalisation: Why global strategy is a myth and how to profit from the realities of regional markets. Amacom.
    Sen, A. 1999. Development as freedom. New York: Alfred A. Knopf.
    Stace, D. 1997. Reaching out from Down Under: Building competence for global markets. McGraw- Hill, Sydney.
    Trompenaars, F., and Hampden-Turner, C. 2004. Managing people across cultures. Chichester: Capstone.
    Walker, D., Walker, T. And Schmitz, J. 2003. Doing business internationally. 2 ed. McGraw-Hill
    Warner, M. (ed) 2003. Culture and management in Asia. Routledge Curzon.
    Yip, G. 2011, Total Global Strategy, 3rd ed, Prentice Hall- Pearson Education International.
    Zeng, M. & Williamson, P.J., 2008. Dragons at your door: How Chinese cost innovation is disrupting global competition. Harvard Business School Press.

    Reports:
    United Nations Conference on Trade and Development (UNCTAD): Annual World Investment Reports.
    World Economic Forum: Annual Global Competitiveness Reports.
    World Trade Organisation: Annual reports.
    World Bank: Annual Reports

    Journals:
    Academy of Management Journal
    Harvard Business Review
    Journal of International Business Studies
    Management International Review
    Journal of World Business
    McKinsey Quarterly
    The Economist
    Business Week

    Databases (available online via UoA library)

    Business Source Complete (EBSCO )
    A very large database covering all aspects of business / commerce related subjects for over 1,200 journals some indexed back to 1886. contains a high percentage of active, peer-reviewed, business related journals Additional full text, non-journal content, includes financial data, books, conference proceedings, case studies, investment research reports, industry reports, market research reports, country reports, company profiles, SWOT analyses and more. Search tip - type "" (quotation marks if you need to find a phrase eg: "interest rates").

    Products and trade names guide (B2NB) by Dun & Bradstreet Search for products & services of Australian public and private companies, by company name, brand or UNSPSC code. Also details information on Australian companies.

    AusStats Australian Bureau of Statistics website Everything on the ABS web site is accessible free of charge. Special access arrangements apply to Confidentialised unit record files (CURFs).

    Mint Global [Bureau van Dijk]
    Mint Global is the ORBIS database of over 50 million companies from around the world. Includes listed and unlisted companies. The information is presented in five modules: companies, news, market research, directors and scanned reports. Export data to spreadsheets.

    Osiris [Bureau van Dijk]
    A fully integrated public company database ... Financial information [is included] on 57,000 listed and major unlisted/delisted companies worldwide (45,500 are non-US companies). The information includes: standardised and "as reported" financials (including restated reports), SEC filings, images of annual reports, corporate actions and dividends, detailed earnings estimates including recommendations, ownership, stock data, news and ratings.

    ZEPHYR [Bureau van Dijk]
    containing M&A, IPO and venture capital deals with links to detailed financial company information. ZEPHYR now contains information on over 600,000 transactions (as of December 2008). Up to 100,000 new deals are added per year. ZEPHYR has nine years of global coverage and includes deals involving European companies going back to 1997.

    GMID (Global Marketing Information Database)
    GMID contains over a million demographic, economic and marketing statistics for 205 countries worldwide. The database also contains 6-year historic market size data for more than 330 consumer products in 52 countries, plus 5-year forecasts.

    CEIC
    Macroeconomic, industry and financial time series database for global emerging and developed markets. product information

    SourceOECD
    A major source of international statistics and reports. Hint: click on Advanced search (under the Search for box) to add limits by date, field name or format (eg: statistics, working papers etc).

    UN Comtrade Delivers international trade statistics. See also the Statistics database of the World Trade Organization.

    World development indicators online (WDI) World Bank Obtain country time series indicator (spreadsheets) such as: consumption, savings, education, employment, banking, health, roads, agriculture, stocks, markets etc. (see the online help).

    WTO (World Trade Organization)
    Statistics database The Trade Profiles section provides standard information on the structural trade situation and trade policy measures of members, observers and other selected economies. The profiles are complemented with general macroeconomic indicators. The Time Series section provides a searchable database on international trade in merchandise and commercial services.

    Economist Intelligence Unit - Asia
    Provides independent, authoritative analysis and forecasts on country, industry and management analysis. Note: the Library provides access to other Economist Intelligence Unit titles via the Factiva database (click on Source and search for Economist Intelligence)

    GMID (Global Marketing Information Database) [Euromonitor]
    GMID contains over a million demographic, economic and marketing statistics for 205 countries worldwide. The database also contains 6-year historic market size data for more
    Online Learning
    Online environment is important part of students’ learning in this course. In preparation for each seminar please visit MyUni course site www.myuni.adelaide.edu.au to access course materials. Compulsory course readings can be accessed via an interactive readings list posted on MyUni.The lecturer in charge will upload PowerPoint lecture slides and any other relevant materials and exercises to MyUni course site on a weekly basis. Power point lecture slides provide a summary of each topic. MyUni will also be used by the lecturer to post important messages.
  • Learning & Teaching Activities
    Learning & Teaching Modes

    No information currently available.

    Workload

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    Learning Activities Summary

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  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    No information currently available.

    Assessment Detail

    No information currently available.

    Submission

    No information currently available.

    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.