2022/23 Undergraduate Module Catalogue
LUBS2860 Managing International Business
20 creditsClass Size: 280
Module manager: Sam Boran Li
Taught: Semester 1 (Sep to Jan) View Timetable
Year running 2022/23
|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 studyThis could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Opportunities for Formative FeedbackYour teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.
Methods of assessment
|Exam type||Exam duration||% of formal assessment|
|Standard exam (closed essays, MCQs etc)||3 hr 00 mins||100.00|
|Total percentage (Assessment Exams)||100.00|
The resit for this module will be 100% by 3hr examination.
Reading listThe reading list is available from the Library website
Last updated: 02/08/2022
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