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.

 

 

 

Taylor's Graduate Capabilities - Diploma

 

Discipline Specific Knowledge

 

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.

 

Cognitive Capabilities

 

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.

 

 

Soft Skills

 

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:

Module Learning Outcomes

Taylor’s Graduate Capabilities being developed through the module

 

 

TGC1

TGC2

TGC3

TGC4

TGC5

TGC6

TGC7

TGC8

 

 

1)       Explain the key terms, concepts and theories of international business.

X

X

 

 

 

 

 

 

 

 

2)        Examine the global competitive strategy profiles and the pitfalls of global business.

 

 

X

X

 

 

 

 

 

 

 

 

3)       Evaluate how the evolving roles and trends of international business affect business strategies.

 

 

 

X

X

 

 

 

 

 

4)       Discuss the environmental complexities that arise when business activities and institutions transcend international borders.

X

 

X

 

 

 

 

 

 

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

 

 

 

 

 

 


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