2019/20 Undergraduate Module Catalogue
LUBS2860 Managing International Business
20 creditsClass Size: 159
Module manager: Christos Antoniou
Taught: Semester 1 View Timetable
Year running 2019/20
|LUBS1140||Principles of International Business|
This module is mutually exclusive with
|LUBS3805||International Business Management|
This module is approved as a discovery module
Module summarySuccess in international business requires quick and effective decision-taking in an environment characterised by complexity, uncertainty and variety. The module imparts an understanding of the theory and practice of management in such a setting, placing particular emphasis on those complicating issues not found in a one-country business context. The module is therefore concerned with understanding the nature and organisation of the international firm and how decisions are made about the activity to be internationalised; what marketing strategies to adopt; how to raise finance internationally; how to manage human resource, suppliers and contractors. The module also explores how to select and manage international joint ventures, alliances with foreign firms and cross-border mergers and acquisitions.
ObjectivesThis module builds upon LUBS1140 Principles of International Business by examining the principles and issues that underpin the management of firms engaged in international business from both a theoretical and practical standpoint.
The aim of this module is to comprehend the principal factors governing the management of international business. The module gives a basic understanding of functional management, and also discusses other key aspects in the management of internal structure and external partners.
On successful completion of this module students will be able to identify and evaluate the key aspects of management used in international business context, particularly:
- the nature of international firms, their organisation, and structure
- the main characteristics of the various international marketing strategies available to firms and the principles which govern the selection of the appropriate service method
- the capital structure and sources from where finance can be raised by multinational enterprises
- different kinds of risks faced by firms engaged in international business and how they can be managed
- key aspects of the HQ-subsidiary relationships, internal communication across border, and international human resource management
- how international contracts and negotiations are executed
- how supplies, logistics and production are managed by multinational enterprises
On successful completion of this module students will acquire:
- effective managerial and decision-taking skills
- effective writing and oral communication skills
- presentation skills
- negotiation skills
On successful completion of this module students will be able to demonstrate an understanding of theory and practice of management in the international business setting.
The nature of international firms, their organisation and structure; Internationalisation decisions; International marketing strategies; Raising finance internationally; Managing human resources, suppliers and contractors; Selecting and managing international joint ventures, alliances with foreign firms and cross-border mergers and acquisitions.
|Delivery type||Number||Length hours||Student hours|
|Private study hours||168.00|
|Total Contact hours||32.00|
|Total hours (100hr per 10 credits)||200.00|
Private studyStudents should use private study hours to prepare for seminars, review lectures and class discussions, complete required reading, and revise for examination.
Opportunities for Formative FeedbackStudents' progress will be monitored through class discussion of the case studies considered in the seminars and mock assessment exercises. During these sessions students will be expected to apply the theoretical knowledge gained during lectures and their private study to answering case study questions. Students will be given feedback on their responses by the lecturer during the class and they will also be provided with suggested responses to the case studies in written-form (or via Minerva) after the class has finished.
Students can also obtain feedback on a one-to-one basis from the module manager and lecturers outside the class setting.
Methods of assessment
|Exam type||Exam duration||% of formal assessment|
|Standard exam (closed essays, MCQs etc)||3 hr||100.00|
|Total percentage (Assessment Exams)||100.00|
The resit for this module will be 100% by 3 hour examination.
Reading listThe reading list is available from the Library website
Last updated: 30/04/2019
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