| CODE | MGT3213 | ||||||||
| TITLE | International Business Management | ||||||||
| UM LEVEL | 03 - Years 2, 3, 4 in Modular Undergraduate Course | ||||||||
| MQF LEVEL | 6 | ||||||||
| ECTS CREDITS | 4 | ||||||||
| DEPARTMENT | Business and Enterprise Management | ||||||||
| DESCRIPTION | Today’s businesses and markets are becoming increasingly competitive and internationalised. This course underlines the critical implications of these international dynamics and addresses the opportunities, challenges and strategic options presented in internationalisation – towards effective management, and increasingly survival. Together with the theoretical ramifications, basic frameworks and tools for understanding competitiveness in international business will be presented, discussed and applied. The implications and impact of such internationalisation trends and globalisation on both domestically focussed as well as internationally-oriented enterprises will be explored and expounded, while the body of knowledge on International Business will be applied to the context of large multi-nationals (MNEs) as well as SMEs. Indicative Syllabus and Study-unit Outline: Introduction to international business and management - The nature of international business - Patterns and trends in international business / Globalisation - Cross-national ethics and social responsibility The internationalisation process and international planning - Modes of entry in firm internationalisation - International business: theoretical foundations and practice The international environment, competitiveness and international business strategy Organising international enterprises and international management Small firm internationalisation and the Maltese context Teaching Methodology: The study-unit comprises lectures during which class interaction is encouraged - current cases are discussed and applied to illustrate theoretical underpinnings. Class discussion and debate supplement the its validity and enrich students’ learning experience by linking theory to industry and market application. Case-based sessions will be discussed and students will be expected to read and prepare for class sessions. Attendance at scheduled classes as well as any additional sessions that may be organised are mandatory and vital - active listening should be supplemented with thorough reading. Participation is an important factor in the learning experience. Study-Unit Aims: This study-unit aims to provide a good foundation for understanding the various dynamics that shape and influence the realities faced by businesses operating in increasingly globalised environments. Learning Outcomes: 1. Knowledge & Understanding: By the end of the study-unit the student will be able to: - better understand the globalised contexts within which organisations operate, compete and strive to survive. - discern among, and identify relevant strategies and options in such contexts and identify effective competitive courses of action for organisations - large and small. - better understand the broader macro implications of globalisation and aspects of e.g. national competitiveness on the evolving circumstances faced by businesses, consumers and other social groups - besides their own 'lived realities'. 2. Skills: Within an organisational context, students will be able to discern among international business dynamics impacting on their competitive realities and growth prospects, and propose strategic courses of action enhancing the prospects for growth and the exploitation of international opportunities. Main Text/s and any supplementary readings: Main Text: Hill, C. W. L., and Hult G. T. M. 2017. International business: Competing in the global marketplace. 11th ed. McGraw Hill. Supplementary Readings: Deresky, Helen. 2016. International management: Managing across borders and cultures. 9th edition. Global edition. Pearson Education Ltd. Griffin, Ricky, Pustay, Michael. 2014. International business. 8th edition. Pearson Education Ltd. Wild, J., and Wild, K. 2015. International business: The challenges of Globalisation. Suggested periodicals include: - The Economist - Financial Times - Harvard Business Review - Malta Business Weekly Suggested academic journals include: - Journal of international Business Studies - International Business Review - Management International Review - International Small Business Journal |
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| STUDY-UNIT TYPE | Lecture | ||||||||
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| LECTURER/S | Nathaniel P. Massa |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2023/4. It may be subject to change in subsequent years. |
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