Internationalization of business (3 cr)
Code: LT00CK59-3004
General information
Enrollment
16.04.2022 - 12.10.2022
Timing
24.10.2022 - 18.12.2022
Credits
3 op
Teaching languages
- English
Degree programmes
- Bachelor of Business Administration, Business Management
Teachers
- Dario Liberona
- Cory Isaacs
Student groups
-
LITA21A
-
LITA21B
Objective
Students know the nature of international business and steps taken to start the internationalization process. Students know the importance of cultural differences, political and legal factors and management styles in regards to international business.
Students know the basics of conducting research for a market entry plan. Students know about various entry modes in international business.
Content
- Introduction to International Trade
- Globalization
- Cultural Environment of International Trade
- Political Factors
- Legal Factors
- Entry Modes
Students can find international and academic sources related to course tasks. Students can relate material to sustainability, and career guidance with a focus on entrepreneurship.
Materials
- International Business, The Challenges of Globalization. 9/E, John J. Wild and Kenneth L. Wild. Pearson Education. (2019).
Teaching methods
- Lectures and Guided Practice
- Independent work
Teaching method will be Problem Based Learning. In groups, students will select a target country and a product to launch in that country. In addition using English as a business Lingua Franca will be explored.
Student workload
20 hours of lectures and guided practice
60 hours of independent work
Students are free to decide in their groups how to use the 60 hours in regards to completing course tasks.
Evaluation scale
1-5
Assessment criteria, satisfactory (1)
The completed market entry strategy, final exam and classroom performance are of a passable level in terms of knowledge, skills and their further professional application.
Assessment criteria, good (3)
The completed market entry strategy, final exam and classroom performance are at a good level in terms of knowledge, skills and their further professional application. The student demonstrates an emerging ability for autonomous professional development in the field of study.
Assessment criteria, excellent (5)
The completed market entry strategy, final exam and classroom performance are at an excellent level in terms of knowledge, skills and their further application. The student is clearly capable of autonomous professional development and the application of his/her knowledge and skills in the field of study.
Assessment methods and criteria
100 points
Group Report 50%
Exam 50%