This module is designed to provide the candidate with the understanding of the nature and dimension of international trade and environment.
business
Description
MODULE SYNOPSIS
This module is designed to provide the candidate with the
understanding of the nature and dimension of international trade and
environment. They will understand the importance of international business
operation and strategy and recognize the rapid changes in the global environment. Topics covered includes international business management,
multinational corporations, cross-cultural management, globalization,
international trade and finance, strategic alliances, trading blocs and the
understanding of the world economy and international business in the future.
Prerequisite
No prerequisite
for this module
Course Credits : 4
Course Status : Core
Pre – Requisites Nil
Contact Hours : (2
hours Lecture + 2 hours Tutorial per week) x 14 weeks
Subject Objectives
On successful
completion of this module, students will be able to:
1. Understand the current international business
patterns.
2. Evaluate the various aspects of global
environment and how they impact the way of doing business.
3. Explain how business functions and operations
are structured in global framework.
Learning Outcomes
On completion of
the course, students will be able to:
1.
Explain
the key terms, concepts and theories of international business.
2.
Examine
the global competitive strategy profiles and the pitfalls of global business.
3.
Evaluate
how the evolving roles and trends of international business affect business
strategies.
4.
Discuss
the environmental complexities that arise when business activities and
institutions transcend international borders.
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Taylor's Graduate Capabilities
- Diploma |
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Discipline Specific Knowledge |
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1.0 |
TGC: Discipline Specific Knowledge 1.1
Working knowledge of theories in subject area and able to put
foundational
concepts into practice. 1.2
Understand ethical issues in the context of the field of study. 1.3 Working knowledge of professional
practice within the field of study. * This TGC is further clarified according
to the respective program-specific outcomes. |
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Cognitive Capabilities |
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2.0 3.0 |
TGC: Lifelong learning 2.1
Locate and extract information effectively. 2.2
Relate learned knowledge to everyday life. TGC: Thinking and Problem Solving skills 3.1
Learn to think critically and creatively. 3.2
Define and analyse problems to arrive at effective solutions. |
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Soft Skills |
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4.0 5.0 6.0 7.0 8.0 |
TGC: Communication Skills 4.1
Communicate appropriately in various settings and modes. TGC: Interpersonal Skills 5.1
Understand team dynamics and work with others in a team. TGC: Intrapersonal Skills 6.1 Manage oneself and be self-reliant. 6.2
Reflect on one’s actions and learning. 6.3
Embody Taylor’s core values. TGC: Citizenship and Global Perspectives 7.1
Be aware of and form opinions from diverse perspectives. 7.2
Understand the value of civic responsibility and community engagement. TGC: Digital Literacy 8.1
Effective use of Information and Communications Technology (ICT)
and related technologies. |
On completion of this
module, students should be able to:
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Module Learning Outcomes |
Taylor’s Graduate
Capabilities being developed through the module |
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TGC1 |
TGC2 |
TGC3 |
TGC4 |
TGC5 |
TGC6 |
TGC7 |
TGC8 |
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1)
Explain the key terms, concepts and theories of
international business. |
X |
X |
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2) Examine the global
competitive strategy profiles and the pitfalls of global business. |
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X |
X |
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3) Evaluate how the evolving roles and trends of international business
affect business strategies. |
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X |
X |
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4) Discuss the environmental complexities that arise when business
activities and institutions transcend international borders. |
X |
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X |
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MODULE DELIVERY/TEACHING AND LEARNING ARRANGEMENTS
This module is taught by using a blend of learning
methods. Class contact time usually consists of a two-hours lecture and a
two-hours tutorial each week. Lectures
will usually begin in week 1 and tutorials in week 2. Further details
can be found in Taylor’s University Student Handbook.
Module credit hours
4 credit hours
Delivery Methods
- Lectures
- Tutorials
- Field trips (optional)
- Self-independent study
Important reminders: Students who failed to
achieve 80% attendance in both lecture and tutorials will be barred from the
final examination.
Resources
Main text
Griffin
& Pustay (2020), International Business, 9th. Edition, Pearson.
Other References
1. Wild, J.J. & Wild, K.L. (2014) International
Business: The Challenges of Globalisation, 7th Edition, Pearson.
2. Shin, M., Lee, J.R. and Kim, L.G. (2014) International
Business: An Asian Perspective, Routledge.
3. Cavusgil,
Knigh, Riesenberger, Ranmal and Rose (2013), International Business: The New
Realities, 2nd Edition, Pearson.
4. Hill, C.,
Chow, H.W. and Udayashankar, K. (2012), International Business: An Asian Perspectives,
McGraw-Hill.
5. Ball, Geringer, Minor, Frantz and McCulloch (2009),
International Business, 12th Edition, McGraw Hill
6. Fortune Business Magazine.
7. Forbes
Business Magazine
Online Support
Taylor’s University
provides a learning management system – TIMeS – to allow students convenient
access to subject resources. This can be accessed at: http://portals.taylors.edu.my
Materials available include:
· Module Outline
· Lecture slides
· Tutorial and
assignment questions
· Assignment
Cover Sheet
· Assignment
Feedback Form
· Other module
information
