2023/24 Undergraduate Module Catalogue

LLLC1444 The International Business Environment

20 creditsClass Size: 60

Module manager: Louise Kilburn
Email: l.h.kilburn@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2023/24

This module is mutually exclusive with

LUBS1140

Principles of International Business

Module replaces

LLLC1393 Research Methodologies for Business Studies

This module is not approved as a discovery module

Module summary

Successful global organisations seek to exploit the comparative advantages available when operating in international markets around the world. This module provides you with the theoretical foundations of international business and examines the strategies used by organisations operating in international markets. The module considers political, economic, and institutional differences across international markets and the strategies companies adopt when conducting business across national boundaries. The module analyses changes in the international environment as a result of globalisation and examines the increased interdependence between countries and firms in terms of flows of goods, services, finances and people.

Objectives

The aim of the module is to introduce you to the key features of the international business environment, trade investment and international business management.
The objectives of this module are to:
1. Provide you with an understanding of the key features of the international business environment and international business management.
2. Develop your understanding of the essential concepts underpinning classical and modern theories of international trade.
3. Develop your understanding of different perspectives that shape contemporary international business activities.

Learning outcomes
On successful completion of the module, students will be able to:

1. Analyse classical and modern theories underpinning international trade.
2. Analyse the advantages and disadvantages of contrasting approaches to international trade.
3. Discuss contemporary issues relating to the international business environment.
4. Explain the opportunities and challenges that businesses face when operating internationally.

Skills outcomes
Being Digital: This module will develop Critical Evaluation, Collaboration, Communication and Identity and Wellbeing.

Syllabus

Introduction to International Business and Globalisation
Cross-cultural business
Economic development of nations
International trade theories
Political economy of trade
Foreign direct investment and Regional Economic Investment
International Risks and corruption
Entry-Mode Strategies

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	2.00	22.00
Seminar	5	1.00	5.00
Independent online learning hours			91.00
Private study hours			82.00
Total Contact hours			27.00
Total hours (100hr per 10 credits)			200.00

Private study

Independent online learning
Independent online preparation for class 33
Independent online learning/research 28
Reading and research for assignments 30

Private Study
Reading 39
Critical reflection on practice 13
Assignment writing 30

Opportunities for Formative Feedback

Through tutorials, monitoring of student contributions, formative feedback and staged submission of coursework. Drafts can be submitted in line with tutor deadlines. Peer feedback on in-class activities and online discussion.

Methods of assessment

Coursework

Assessment type	Notes	% of formal assessment
Essay	2,500 words	60.00
Group Discussion	40 minute group debate	40.00
Total percentage (Assessment Coursework)		100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 08/06/2023

Disclaimer

Browse Other Catalogues

• Undergraduate module catalogue
• Taught Postgraduate module catalogue
• Undergraduate programme catalogue
• Taught Postgraduate programme catalogue

Errors, omissions, failed links etc should be notified to the Catalogue Team.PROD