BUSN9019 International Business Context

2017

4.5

2 x 50-minute lectures weekly
1 x 50-minute seminar weekly

Admission into MBUST-Master of Business and Technology

Master of Business and Technology

The aim of this topic is to give students an understanding of many of the aspects of engaging in international business in an increasingly globalised world. The topic introduces students to the range of overlapping forces, economic, legal, social and cultural impact on businesses when they trade or invest in foreign markets. The topic looks at the forces of change driving the increasing momentum of globalisation and aims to assist students to assess and think critically about these issues and about how a business can organise for sustainability and success in an everchanging international business environment. Focus is given to students developing and practicing their communication and teamwork skills; important attributes for international business.

This topic is designed to create opportunities for students to explore a wide range of interactive forces that influence the development and conduct of international business. In particular, the aim is for students to understand the business context as an open system of forces that include politics, law, economics, culture, ethics, history and geography.

Students completing the topic should be able to:

• identify and understand specific internal and external influences that an organisation should consider when making decisions about particular international business operations
• understand the fundamental concepts and tools used in the study and practice of international business
• understand the differences between domestic and international business
• design, lead and control interactive seminars on international business problems
• work efficiently in study teams