MGMT221-16S1 (C) Semester One 2016

International Business

15 points

Details:
Start Date: Monday, 22 February 2016
End Date: Sunday, 26 June 2016
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 6 March 2016
  • Without academic penalty (including no fee refund): Sunday, 22 May 2016

Description

This course introduces the major topics in International Business, including comparative environmental frameworks, government and economic influences, import/export, and organisation of international business. The course emphasises the pervasive repercussions of global issues on contemporary business management and the role of the business owner or executive manager.

International Business is one of your key courses, given the increasingly global nature of commerce. It will take a strategic perspective in introducing you to the international dimensions of managing organisations. Although New Zealand’s place in international business will be explored, the emphasis is on developing an international rather than a local perspective. The IB paper is essential to everyone with a sense of adventure and curiosity about the wider business world: not only those aiming to work overseas in large corporates, but also those heading to smaller and/or domestic organisations, and budding entrepreneurs. The format will be as interactive and applied as possible with formal lecture input, videos and cases; and informal discussion and debate where possible. Although theory is vital to understand what’s going on in international business, the applied emphasis will enable you to link course themes and issues to the practitioner world.

Relationship to other courses
This is a core course in the Management, International Business, and Strategy and Entrepreneurship BCom majors. It is an introduction to international business focused on strategically managing an organisation. This course is complemented by MGMT320 Strategic Management and MGMT321 Entrepreneurship and Small Business Development. It also helps prepare students for the BCom Honours and MCom masters programmes.

The estimated workload for MGMT221 is:
Lectures 24 hours
Lecture preparation 33 hours
Weekly quizzes 11 hours
Group project 50 hours (per person)
Exam preparation 30 hours
Final exam 2 hours
Total 150 hours

Learning Outcomes

  • The aim of the course is to introduce you to the international strategic dimensions of management at the level of the organisation. BCom programme learning goals are as below, with relevant learning outcomes for MGMT221 bulleted under each programme goal:

    1. Graduates can demonstrate advanced knowledge of their selected subject major, informed by the broader context of commerce.
  • Recognise the main contemporary international, supra-national and global strategic impacts upon organizations. The final exam is an opportunity to demonstrate advanced knowledge of international business theory and practice.
  • Explain the different roles Multinational Enterprises and Small-and-Medium-sized Enterprises play in international business. The Learn quizzes help assess this.

    2. Graduates are able to use analytical thinking and problem-solving skills to address specific problems.
  • Interpret spatial strategic situations, evaluate strategic choices and identify nascent strategic options firms have chosen in response to spatial impacts. The group project requires application of theories and techniques to an organisation’s strategy problems.

    3. Graduates can understand issues from a range of ethical, global and multicultural perspectives.
  • Demonstrate knowledge of the business environment of specific regions/countries that are of increasing importance to internationalising companies. The Learn quizzes help evaluate this.

    4. Review and interpret salient international and national cultural influences upon organizations. This is a specific lecture topic, and Learn quizzes help assess this.

    5. Graduates are able to communicate effectively both orally and in written form.
  • Manage a group project involving the effective delegation of specific analytical, writing and editing tasks and the coordination of all team members over the entire project period; and the on-time delivery of the final project report.

    Holding of student work
    For quality assurance purposes the School is required to hold on record a number of assessment pieces as examples of differing standards of work.  If you have any objections to the school holding your assessment for this purpose then email the course coordinator to ensure your assignment is not used for this purpose.

Prerequisites

(1) MGMT100; and (2) 30 points in ECON, MGMT, MKTG or MSCI

Restrictions

MGMT220

Course Coordinator

For further information see Management, Marketing and Tourism Head of Department

Assessment

Assessment Due Date Percentage  Description
Quiz 10 Mar 2016 20% Quiz
Group Project 12 May 2016 30% Group Project
Final Examination 50% Final Examination


Learn Quizzes
Learn quizzes are weekly online tests designed to help test your own individual understanding of each of the main topics of the course as you go along. They are based on your Essential Reading (the core text chapter) and the relevant lecture each week (including the video cases presented) – so reading the textbook and regularly attending lectures is essential to successfully completing quizzes. Because of copyright reasons, the video cases can’t be posted on Learn, so it is important to attend lectures to answer case-related quiz questions. I will provide a variety of theoretical and applied questions that will make you think about each topic in more depth. All quizzes open immediately after the lecture dealing with the relevant topic, starting in Week 1 with an Introduction & Overview quiz. Quizzes are normally open for 7 days after each class (i.e. will close at the end of the following week’s lecture), so be careful not to miss the deadlines. However, to allow extra time for enrolments, book buying etc., the deadline for the first 2 quizzes is the end of lecture 3 on Thursday 10th March. Check the Learn website for each deadline.

You may make unlimited attempts at each quiz, but there is a 30 minute delay between quiz attempts to get you to think before each go rather than adopting a random guessing mode. To make it fair to all, there is no option for late submission of a quiz or to complete the quiz other than via the facility on Learn. Marks will be available for each quiz after the quiz closes (i.e. the final deadline for the whole class – not when you complete your own quiz. Otherwise you would know the answers and have a chance to resubmit until you get 100% every time and/or pass the answers on to others.

To gain full credit for this item of assessment, you will need to complete all questions for 8 out of 11 quizzes. There is no quiz after the last lecture. Since the main aim is to get you to learn from all lecture topics, it’s a good idea to attempt all quizzes; but only your best marks from 8 quizzes will count in case you have one or two disasters, are hopelessly late in enrolling, or are absent due to illness. One word of warning about the Learn system on quizzes: I've noticed from past experience that some people do not 'close' their quiz responses properly on Learn, but leave answers open past the deadline. This happens automatically when you press the submit button, so isn’t much of a problem if you make one submission. However, it is a danger when you make multiple attempts at a quiz, and forget to press the button on your final attempt to officially submit the response. It’s also an issue if you try to look at questions again before the quiz closes without answering them. Unfortunately the very act of reopening the quiz on Learn to look at the quiz questions means it counts as an attempt on the system. Learn counts the last submission made, not the highest scoring one. That would be far too easy in inviting unlimited random guesses: you could simply attempt it as many times as you like, putting different answers up each time and the system would accept the correct ones, even if you don’t know these! I am unable to override any of your responses on Learn since there is not facility for doing this and I can only examine responses afterwards to determine whether I should take any remedial action. However, the difficulty for me here is to decide which if any one of a series of multiple attempts to accept. By rights, none are officially valid except your last answer. So, make sure you close all quizzes you look at each time.

Obviously don’t consult your classmates on questions or answers, since this will be detrimental to your own learning and will not be a valid indication of whether you understand the course material. In any case, the questions are in a different order each time you open the quiz. This item of assessment is not available for aegrotat consideration.

Group Project
The group project will help you understand how international business impacts practically upon a company. It is designed to help you develop applied strategic management understanding and skills. You will be allocated to a group and it is up to you to be able to function effectively as a team to deliver this assignment. All group members will be expected to contribute equally to this assignment and those not contributing satisfactorily may have marks deducted - but for all those engaging fully in the project it should be an enjoyable and interesting learning exercise. More details are given in a separate document about the group project posted on Learn.

Please only submit one project report per group. A group cover sheet MUST be used for this assignment. This can be downloaded here.

Final Examination
The final examination will be a closed book, invigilated, short essay-style, applied 2-hour exam based on material from the lectures and the textbook. The paper is designed to test you on your broad knowledge of International Business issues, concepts and tools from across the course rather than on a single topic. You will need to answer 4 questions from a choice of 6, each from a different topic area. Good answers will use organisational examples to illustrate points drawn from short case studies in the textbook. This means to get higher marks it's a good idea to read all the cases in each chapter we cover, including the Active Learning ones, by using real life examples to illustrate your answers. Answering the questions after each textbook Active Learning Case isn't compulsory, but might help you to understand and remember the material so it's easier to revise for the exam. As well as the textbook cases, I also give company/country examples in the lectures both anecdotally and through the video cases. So attending classes is doubly important, and taking notes of each session. More detailed advice on the final exam will be given in the last lecture, but the last three years’ (2013 onwards) exam papers are good indications of this year’s exam format and level. This course was completely redesigned in 2013, so exam papers before this are not relevant.

Textbooks / Resources

Please buy this or consult a copy in the library, since this is Essential Reading for this course. Do not use previous editions, since much of the material will be out-of-date.

The text has a useful Companion Website (only accessible if you buy the book new), which usefully includes self-testing multiple choice questions for each chapter. You can complete these and submit answers online to get your results instantly. Unlike the weekly quizzes, your lecturer does not see these and marks do not count for assessment. Companion website questions help you learn material and practice for the real weekly quizzes, which are on Learn and do form part of your assessment. The link is: http://wps.pearsoned.co.uk/ema_uk_he_rugman_intbus_6/

This website also includes other materials to help your learning, including links to other useful websites, a glossary of IB terms and chapter-by-chapter flashcards.

Other material will be posted on the course Learn website.

Notes

Class Representative
A class representative may be asked to volunteer in the first few weeks of class. Any problems with the course can be raised with the class rep. Their email can be found at UCSA. The class representative will take up any issues raised by class members with the lecturer concerned as they occur.

Departmental Academic Policies
The Department assumes that you have read this document.

You should also read the General Course and Examination Regulations

Dishonest Practice
The University of Canterbury considers cheating and plagiarism to be serious acts of dishonesty.  All assessed work must be your own individual work unless specifically stated otherwise in the assessment guidelines. Material quoted from any other source must be clearly acknowledged. You must not copy the work of another person (student or published work) in any assessment including examinations, tests and assignments. Any person, who is found to have copied someone else's work, or to have allowed their work to be copied, will receive a fail grade for that piece of assessment and may face disciplinary action which may lead to a fine, community service or exclusion from the university.

IMPORTANT: Where there are concerns regarding the authorship of written course work, a student can be required to provide a formal, oral explanation of the content of their work.

Coversheets - Group and Individual

Indicative Fees

Domestic fee $759.00

International fee $3,125.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Management, Marketing and Tourism .

All MGMT221 Occurrences

  • MGMT221-16S1 (C) Semester One 2016