BE855-7-AU-CO: International Business Environment
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Department: Essex Business School
Essex credit: 10
ECTS credit: 5
Available to Study Abroad / Exchange Students: No
Full Year Module Available to Study Abroad / Exchange Students for a Single Term: No
Outside Option: No
Telephone 01702 328393
Room GB 3.29, Southend Campus
Office hours Tuesday: 10:00 - 12:00; Friday, 12:00-13:00
|Module is taught during the following terms
This 10 credit compulsory module is designed to provide students with an advanced understanding of the external context within which international businesses operate and the opportunities and challenges it poses to entrepreneurial firms, large and small. It begins by explaining the rationale for studying international business from the perspective of the entrepreneur. It then introduces to students key international trade theories and practices, and the application of such to the study of entrepreneurship. The several remaining lectures are dedicated to discussing the external challenges facing international firms, particularly economic, financial, political/legal, technological and cultural challenges.
The main aim of the module is to enable students to obtain a thorough and critical understanding of the complex process of international business activity and the different ways large and small firms manage the process of change associated with internationalisation.
On successful completion of the module, student should be able to
Obtain a critical understanding of the reasons businesses expand to international markets, and the costs and benefits of internationalisation to entrepreneurs
Understand and critique different theories of international trade and assess their applicability to the study of entrepreneurship
Obtain a critical understanding of the economic, political/legal, technological and cultural issues and challenges that surround international expansion
Obtain a critical understanding of the global flows of resources, ideas, knowledge and people, as key features of the global enterprise
Critically evaluate ways in which challenges might be overcome and firms can maintain a competitive position.
Learning and Teaching Methods
The following learning and teaching methods will be used to inform the pedagogic structure of the module:
Discussion of case studies
Discussion of journal articles
Signposting to other support.
Details will be available in the Module Handbook and on Moodle.
25 per cent Coursework Mark, 75 per cent Exam Mark
The assessed coursework component of the module will comprise a group project to include a group report of up to 1,000 words, and individual log of up to 1,000 words and a group oral presentation
A two-hour written examination will account for the remaining 75%of the assessment The examination will test students on the basis of an in-depth and critical understanding of key issues in the international business environment
Exam Duration and Period
2:00 during Summer Examination period.