IBG 6241 UO RIM Bhutan Term 4 2014

RIM Bhutan, Term 4, 2014
Faculty Business Government and Law
International Business G
6241
Greg Mahony
Tel: + 61 2 6201 5482
Email: [email protected]
Australian Government Higher Education (CRICOS)
Registered Provider number: #00212K
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This Unit Outline must be read in conjunction with:
a) UC Student Guide to Policies, which sets out University-wide policies and procedures,
including information on matters such as plagiarism, grade descriptors, moderation,
feedback and deferred exams, and is available at (scroll to bottom of page)
http://www.canberra.edu.au/student-services
b) UC Guide to Student Services, and is available at (scroll to bottom of page)
http://www.canberra.edu.au/student-services
c) Any additional information specified in section 6h.
1:
General Information
1a
Unit title
1b
Unit number 6241 Intensive On-Campus RIM Bhutan.
1c
Teaching period and year offered Term 4, RIM Bhutan (Intensive 24-28 Nov
2014)
1d
Credit point value 3
1e
Unit level
1f
Name of Unit Convener and contact details (including telephone and email)
International Business G
G
Greg Mahony
Tel: +61 2 6201 5482
Email: [email protected]
1g
Administrative contact details (including name, location, telephone and email)
Please contact your RIM Lecturer in the first instance:
Kinley Om MB Applied Finance, B' Com Hons.
Royal Institute of Management
PO Box 416.
Semtokha, THIMPHU, Bhutan
Phone # 351013/14 (Extension 149)
At Bruce, Canberra
Tel: (02) 6206 8810
Fax (02) 6201 5764
Room:6C38
Email: [email protected]
Web: http://www.canberra.edu.au/faculties/busgovlaw
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Matters of enrolment should be addressed to Student Administration in Bldg 1 or to
the Course Conveners within the Faculty.
All email contact with the staff MUST be though the University email system – use
your UC mail account exclusively. All other email addresses are likely to be blocked,
bounced back to you and not replied to due to problems of spam.
2:
Academic Content
2a
Unit description and learning outcomes
Syllabus
This subject introduces a range of topics relevant to international business and management in
the context of globalisation. Topics will include: international trade and investment, the global
monetary system, strategy and structure of international business, entry modes and strategic
alliances, human resource management and international marketing. It treats these topics at
both a practical and theoretical level so that an understanding is developed of the environment
within which managers in international business function. Students will use a range of cases
in order to demonstrate an understanding of the international business relations of individual
enterprises.
Learning Outcomes
DESCRIPTION:
1. Demonstrate an understanding of international trade theory, counter trade and international
financial markets
2. Explain the diversity and complexity of the international business environment.
3. Observe current trends in the global markets
4. Identify major areas of growth and stagnation
5. Explain the arguments for and against foreign direct investment from the viewpoints of
firms, nation-states, and other interest groups
6. Demonstrate an understanding of economic and trade developments of a specific country
7. Explain the various modes of entering the international market pursued by international
business
8. Discuss the economics and politics of international trade and investment and evaluate their
potential impact on the international context
9. Demonstrate an understanding of the international business relations of a specific
corporation
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10. Analyse the strategies and structures used by international businesses and Increase their
awareness of world current affairs and their critical implications for international business.
2b
Generic skills
On completing this unit students will have further developed the following generic skills:
1.
2.
3.
4.
5.
Communication: The ability to present knowledge, ideas and opinions
effectively and communicate within and across professional and cultural
boundaries
Analysis and inquiry: The ability to gather information, and to analyse and
evaluate information and situations in a systematic, creative and insightful way
Problem solving: The ability to apply problem-solving processes in novel
situations; to identify and analyse problems then formulate and implement
solutions
Working independently and with others: The ability to plan their own work, be
self-directed, and use interpersonal skills and attitudes to work collaboratively
Professionalism and social responsibility: The capacity and intention to use
professional knowledge and skills ethically and responsibly, for the benefit of
others and the environment
2c
Prerequisites and/or co-requisites None
3:
Delivery of Unit and Timetable
3a
Delivery mode: Intensive On-Campus RIM Bhutan
The unit will be presented over 5 days in blocks of integrated lecture material, seminar
discussion and presentations.
3b
Schedule of lectures -seminars
Monday 24th November 2014 to Friday 28th November 2014 at RIM Bhutan
Lecture – Seminar Schedule
Date
Topic
Cavusgil et al.
Monday AM
What is International Business (IB)?
Globalisation of markets and
internationalisation of firms
Ch. 1
Ch. 2
Monday PM
Organisational forms and IB
Ch. 3
Tuesday AM
The Cultural Environment of IB
Tuesday PM
Theories of international trade and
investment
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Ch. 5
Ch. 4
Wednesday AM
Political and legal systems in
national environments
Wednesday PM
International monetary system and
financial environment
Thursday AM
In class test: 1.5 hours
(Open book with notes)
Thursday PM
Strategy and organisation in the
international firm
Friday AM
Friday PM
Ch. 6
Ch. 10
Ch.11
Exporting and countertrade
Foreign direct investment and
collaborative ventures
Ch. 13
Ch. 14
Licensing, franchising and other
contractual strategies
Global Sourcing
Ch. 15
Ch. 16
4:
Unit Resources
4a
Required texts/readings
You must have ready access to the prescribed textbook listed below or a similar international
edition of Cavusgil et al.:
Cavusgil, S. T., Knight, G. and Riesenberger, J. R. 2008 International Business: Strategy,
Management and New Realties. Pearson
OR
Cavusgil, S. T., Knight, G., Riesenberger, J. R., Rammal, H. G., and Freeman, S. 2012
International Business: The New Realties. Australasian Edition. Pearson.
Other readings
There are numerous introductory texts in the fields of, international business, international
management and international marketing that may be useful.
Hill, C.W.L., Cronk, T., Wickramasekera, R. 2010, Global Business Today: Asia- Pacific Edition, 2nd
Edition McGraw Hill/Irwin, Australia. (and many International editons by C.W.Hill)
.
Peng, M. 2009, Global Business, Cengage Learning, Mason, Ohio.
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Griffin, R.W. and Pustay, M.W. 2010 International Business, 6th Edition Pearson Publishing.
Czinkota, M.R., Ronkainen, I.A. and Moffett, M.H, 2005, International Business, (7th ed), South
Western/Thomson. Mason, Ohio, USA
P. Ramburuth, and Welch, C. 2005, Casebook in International Business: Australian and Asia Pacific
Perspectives, Person Education Australia.
Wild,J.J., Wild, K.L. and Han, J.C.Y. 2006 International Business: The Challenges of Globalization,
(3rd ed.) Upper Saddle River, New Jersey, Pearson/Prentice Hall, USA.
Journals
Apart from books, you will find it valuable to get into the practice of reading relevant articles from
journals. These are the primary resources you should use in preparing your assignments. Many of
them are available electronically through the University of Canberra library.
http://www.canberra.edu.au/library/
or directly http://zh9bf5sp6t.search.serialssolutions.com/?L=ZH9BF5SP6T&tab=JOURNALS
Journal of International Business Studies
Journal of World Business
International Business Review
Management International Review
Cross Cultural Management: An International Review
International Management
Journal of International Management
Asia Pacific Journal of Management
Journal of Business Research
Academy of Management Journal
Academy of Management Review
You must read this style of quality journal and avoid material found randomly on the internet.
4b
Materials and equipment
Not applicable
4c
Unit website
A unit website will be available on Moodle. You should have access to this at RIM
Bhutan if you do not have other access.
5:
Assessment
5a
Assessment overview
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Assessment has four components: Group Presentation; in- Class test; An Essay and a Final
Examination.
Overall
In order to pass this unit you must complete each item of assessment; achieve at least 40% (i.e. 16/40)
in the Final Examination and record an overall mark of at least 50 per cent of the total available marks
in the unit.
5b
Details of each assessment item
Assessment Item
In class test –
open book/short
answer
Group
Presentation &
responses to
questions and
cases.
Length
1.5 hours
20%
40 min
with 4
10%
presenters.
Assignment/Essay 3000
words
Final
Examination
Weighting
or Value
2 hours
30%
40%
Due Date
Addresses Related
Generic
learning
outcome(s) Skill(s)
1, 2, 3,4, 5
1, 3, 4
1-10
depending on
the topics
covered that
session.
1,2,3, 4, 5
1, 5, 6, 9, 7,
10
2, 3, 5
1, 5, 8, 9, 10.
1, 3, 4
Thursday AM
Throughout the
week as
arranged
Monday
December 2014
December 2014
as advised by
RIM
UC Generic Skills
1 - Communication
2 - Analysis and Inquiry
3 - Problem Solving
4 - Working independently and with others
5 - Professionalism and Social Responsibility
Assessment Items:
In class test 1.5 hours 20%
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The test will cover the material up to and including Wednesday pm session. You are allowed
to take the text book and 2 pages (A4) of notes into the test. You will be asked to answer 4
questions out of 6.
Presentation in class 10%
You will be assigned by your Tutor at RIM to groups of 4 students and you will prepare
responses to questions and cases for the Topic assigned to your group. As a group you will be
expected to be familiar with the chapter from the text and be able to lead the discussion
during that session. Full details of this assessment will be available on the Moodle site in the
Teaching and Learning Guide. The same mark will be awarded to all member of the group.
As we have 28 students enrolled there will be 7 of the 10 sessions in which these
presentations take place; two on Tuesday, Wednesday and Friday with one on Thursday PM.
See the Teaching and Learning Guide for full details.
Assignment/Essay 30%
Write an essay of no more than 3000 words on the one of the following topics.
EITHER:
1. Critically evaluate John Dunning’s eclectic paradigm as an explanation of Foreign Direct
Investment (FDI). Which other theories might offer an explanation of FDI in the 21st
Century? Use examples of three multinational enterprises to illustrate your answer.
OR
2. Clearly identify the reasons why the adoption of a Transnational Strategy might be very
challenging for most multinational enterprises (MNEs). Use examples of several MNEs in
developing your argument.
OR
3. Evaluate the statement: `The development of the “Global Factory” has put logistics and supply
chain management at the very centre of international business theory and is central to the
success of multinational enterprises in the 21st century’
Detailed instructions regarding submission and citation requirements for the essay will appear
on Moodle along some suggested references for each topic.
Final Examination
December 19th 2014 at the time and place advised by RIM Bhutan
Value: 40% of the final grade in the unit.
Length: 2 hours
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A specimen paper will be placed on Moodle to assist with your preparation for the
examination.
5c
Submission of assessment items
The assignment/essay needs to be submitted online via the unit Moodle site. The first
page of each assessment submission should include the following information:
Student Name:
Student ID:
Assessment Name:
Word Count (if applicable):
Remember to name the uploaded file with your student number and surname.
5d
Special assessment requirements
Students must attempt all elements of assessment and score 40 percent or 16/40 in the
final examination in order the pass the unit.
5e
Supplementary assessment
Only available under the strictly limited conditions recommended by the University
5f
Academic Integrity:
Students have a responsibility to uphold University standards on scholarship. Good
scholarship involves building on the work of others and use of others’ work must be
acknowledged with proper attribution made. Cheating, plagiarism, and falsification of
data are dishonest practices which contravene academic values.
5f
Text-matching software
The University of Canberra has available, through LearnOnline (Moodle), textmatching software that helps students and staff reduce plagiarism and improve
understandings of academic integrity. Known as URKUND, the software matches
submitted text in student assignments against material from various sources: the
internet, published books and journals, and previously submitted student texts. Click
here for further information on the URKUND text-matching software.
6:
Student Responsibility
6a
Workload
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The amount of time you will need to spend on study in this unit will depend on a
number of factors including your prior knowledge, learning skill level and learning
style. Nevertheless, in planning your time commitments you should note that for a 3cp
unit the total notional workload over the semester or term is assumed to be 150 hours.
These hours include time spent in classes. The total workload for units of different
credit point value should vary proportionally. For example, for a 6cp unit the total
notional workload over a semester or term is assumed to be 300 hours.
6b
Inclusion and Welfare
Students who need assistance in undertaking the unit because of disability or other
circumstances should inform their Unit Convener or Inclusion and Welfare as soon as
possible so the necessary arrangements can be made
6c
Participation requirements
You are expected to attend all the seminars on the days as outlined above.
6d
Withdrawal
If you are planning to withdraw please discuss with your unit convener. Please see
Withdrawal of Units for further information on deadlines.
6e
Required IT skills:
Basic Word Processing, Spreadsheet and internet search skills
6f
In-Unit Costs:
You will have access to a textbook and there may be some photocopy costs
6g
Work placements, internships or practicums: not applicable to this unit
6h
Additional information
See the Teaching and Learning Guide for the Unit for more detail of unit content,
lecture/seminar details.
7:
Student Feedback
All students enrolled in this unit will have an opportunity to provide anonymous
feedback on the unit at the end of the Semester via the Unit Satisfaction Survey (USS)
which you can access by logging into MyUC via the UC homepage:
http://www.canberra.edu.au/home/. Your lecturer or tutor may also invite you to
provide more detailed feedback on their teaching through an anonymous
questionnaire.
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8:
Authority of this Unit Outline
Any change to the information contained in Section 2 (Academic content), and
Section 5 (Assessment) of this document, will only be made by the Unit Convener if
the written agreement of Head of Discipline and a majority of students has been
obtained; and if written advice of the change is then provided on the unit site in the
learning management system. If this is not possible, written advice of the change must
be then forwarded to each student enrolled in the unit at their registered term address.
Any individual student who believes him/herself to be disadvantaged by a change is
encouraged to discuss the matter with the Unit Convener.
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