Business and Management in Global Context

Bachelor 2023/2024

Type: Elective course (International Programme in Economics and Finance)

Area of studies: Economics

Delivered by: International College of Economics and Finance

Where: International College of Economics and Finance

When: 2 year, 1-4 module

Mode of studies: offline

Open to: students of one campus

Instructors: Ekaterina B. German

Language: English

ECTS credits: 8

Contact hours: 116

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Abstract

The course provides a review of international management as a area of theoretical development as well as a field of practice. It comprises the problem areas of globalization, world economy and modern approaches to organisation and business. Main blocks of the course are trends and drivers of globalisation, political, economic and legal environments of international business, business ethics and corporate social responsibility in the modern world, international trade and investment, international business strategy, organisation of international business, functional areas of international management (marketing, R&D ect.) global information systems management. The course includes elements of economics, general management theory, psychology, anthropology and sociology. Business cases are used as application of theoretical concepts. The main objective of the course is to present modern concepts of international management to the students and help them to develop skills in analysis of global business both in terms of its internal functioning and interaction with the different types of environment. The purpose of discipline - acquaint students with principles of international management, to demonstrate the use of marketing tools in the international markets and decision-making in this field.

Learning Objectives

The main objective of the course is to present modern concepts of international management to the students and help them to develop skills in analysis of global business both in terms of its internal functioning and interaction with the different types of environment. The purpose of discipline - acquaint students with principles of international management, to demonstrate the use of marketing tools in the international markets and decision-making in this field. The concrete aims of the course are: - disclose modern trends in international management; - consider strategies of international markets' penetration; - identify the specificity of the international business and management; - show methods to apply the principles and techniques of international management in domestic organisations to enhance international cooperation.

Expected Learning Outcomes

• demonstrate knowledge of, and the ability to assess, core institutions of international business and how firms manage on the global stage • assess regional, cultural and institutional differences in how business is conducted globally • apply core understandings, frameworks and management principles to specific business contexts • formulate choices and decisions in international business strategy and operations • operate as an informed employee in an international firm

Course Contents

Perspectives on globalisation and international business
Political, economic and legal environments
Informal institutions: cultural, social and ethical challenges
International trade and investment
Global and regional integration and multilateral organisations
The global financial system
Overview of strategy and the enterprise in international contexts
Competitive strategy for international business
Entry strategies, alliances and evolution
Organisation of international business
International marketing and R&D strategy
The organisation of international business
Global sourcing of production and services
Global information systems management
International dimensions of human resource management
International project management
Global digital management

Assessment Elements

Exam
Home assignment and class activity
Types of class activity: 1. Tests: Tests are held at every seminar Tests include 10 questions Every question is graded 10 points maximum Tests are core elements of class activity grade Tests are eligible for retakes with 10 points reduction of grade if tests are failed Tests are eligible for retakes if you are absent for medical reasons (approved by study office) without any reduction 2. Practical Cases are held during the seminars as a group activity. Is not eligible for retakes. Home assignments include essays, analytical reviews, critical analysis. Home assignments are core elements of class activity grade. It is individual work. Home assignments are eligible for retakes with 10 points reduction of grade if Home assignments are failed. The deadline for retakes - not later than 3 days after results announcements.
Final Exam
Midterm test

Interim Assessment

2023/2024 2nd module
0.5 * Exam + 0.35 * Home assignment and class activity + 0.15 * Midterm test
2023/2024 4th module
0.4 * 2023/2024 2nd module + 0.35 * Final Exam + 0.25 * Home assignment and class activity

Bibliography

Recommended Core Bibliography

Global business : strategy in context, Willcocks, L. P., 2021
Global business management foundations, Willcocks, L. P., 2016
International business, Peng, M., 2019
John H. Dunning, & Sarianna M. Lundan. (2008). Multinational Enterprises and the Global Economy, Second Edition. Edward Elgar Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.elg.eebook.3215
Mintzberg, H. (2011). Managing. Harlow, England: Financial Times/ Prentice Hall. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1417786

Recommended Additional Bibliography

Bhagwati, J. (2007). In Defense of Globalization: With a New Afterword. Oxford University Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.oxp.obooks.9780195330939
Dicken, P. (2015). Global Shift, Seventh Edition : Mapping the Changing Contours of the World Economy (Vol. Seventh edition). New York, New York: The Guilford Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=826942
Hofstede, G. H., Hofstede, G. J., & Minkov, M. (2010). Cultures and Organizations : Software of the Mind: Intercultural Cooperation and Its Importance for Survival (Vol. 3rd ed). New York: McGraw-Hill. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=351480
Mike W Peng, Denis Y L Wang, & Yi Jiang. (2008). An institution-based view of international business strategy: a focus on emerging economies. Journal of International Business Studies, (5), 920. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.a.pal.jintbs.v39y2008i5p920.936
Oshri, I., Kotlarsky, J., & Willcocks, L. (2015). The Handbook of Global Outsourcing and Offshoring 3rd Edition (Vol. 3rd edition). Houndmills, Basingstoke, Hampshire: Palgrave Macmillan. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1331561
Peng, M. W. (2001). The resource-based view and international business. Journal of Management, 27(6), 803. https://doi.org/10.1177/014920630102700611
В поисках источников роста. Учебные кейсы на материалах российских компаний : совместный проект АФК "Система" и Высшей школы бизнеса НИУ ВШЭ, , 2022
Практики менеджмента в российских компаниях. Т.1: ., , 2022
Практики менеджмента в российских компаниях. Т.2: ., , 2022

Authors

GERMAN EKATERINA BORISOVNA

Course Syllabus