Foundations of International Business

Unit code: BEO2009 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
Footscray Park
Prerequisites
N/A
Overview
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Overview

Gain a broad understanding of the international business environment, with Foundations of International Business.

A strong grasp of the multi-faceted nature of international business in the world economy is essential to equip you with the business decision-making abilities required for this dynamic field.

This unit will introduce you to the economic, cultural, political and ethical environments of a firm’s international business operations.

You will critically review international business activities, using the concepts and theories of:

  • international trade
  • regulatory environment
  • investment and foreign exchange
  • organisational structure and corporate strategy.


You will work collaboratively, through industry-based case studies and active learning, to understand the challenges firms face regarding globalisation.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Articulate the main theoretical suppositions relating to the fundamentals of international business and the global economy;
  2. Conceptualise the trade, investment and political economy environment implications influencing international business operations;
  3. Review multidisciplinary knowledge and frameworks to critically analyse and interpret information for international business operations and market entry strategy decision-making; and,
  4. Articulate and present analytical findings and strategic recommendations in relation to international business operations of a firm.

Assessment

For Melbourne campuses

Assessment type: Test
|
Grade: 20%
Online quiz on globalisation, the political economy, ethics and sustainability
Assessment type: Report
|
Grade: 40%
Research - written report on country risk analysis (Group)
Assessment type: Test
|
Grade: 40%
Final in-class assessment on trade theories, investment, business operations and strategies

Other locations

For students studying at Central University of Finance and Economics, Henan University, Liaoning University
Assessment type: Test
|
Grade: 20%
Quiz on globalisation, the political economy, ethics and sustainability
Assessment type: Report
|
Grade: 40%
Research - written report on country risk analysis (Group)
Assessment type: Examination
|
Grade: 40%
Final examination on trade theories, investment, business operations and strategies

Required reading

International Business: Competing in the Global Marketplace
Hill, Charles.W.L. (2021)| McGraw-Hill/Irwin, New York

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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