Module manager: Dimitrios Georgakakis
Email: d.georgakakis@leeds.ac.uk
Taught: Semester 01 Jun to 31 Aug View Timetable
Year running 2024/25
LUBS 5718M
This module is not approved as an Elective
International Business Management is about understanding the internationalization process of firms. This process entails a string of consecutive decisions that organizations (MNEs) make in order to expand abroad. The course has a theoretical as well as a practical element that are closely intertwined.
Knowledge outcomes
Upon completion of this module, students will be able to:
- Identify and apply the core concepts of IB to the internationalization process of firms.
- Interpret the uncertainties of globalization and its effect on the international expansion of organizations.
- Recognize and use entry mode choice theory and location choice theory for the internationalization of a real-life business case.
Skills outcomes
Upon completion of this module, students will be able to:
- Formulate coherent international plans in the context of the global economy.
- Design crucial parameters for structuring, managing and controlling foreign subsidiaries.
- Communicate and develop a sound internationalization strategy for an organization.
- Identify international cultural differences between employees and decide on the best management style to use.
Upon successful completion of this module students will be able to:
Subject Specific
- Apply the core concepts of international business to real business situations
- Formulate coherent international plans in the context of the contemporary global economy
Indicative content:
- The opportunities and threats of globalizations and firms’ decision to internationalize.
- Alternative methods of foreign market servicing: licensing, exporting and direct foreign investment.
- Foreign market entry strategies - joint ventures, wholly owned subsidiaries, greenfield ventures and merger and acquisition
- Location decisions of MNE and the importance of internal and external isomorphism under different competitive strategies.
- Non-economic market considerations for international firms (i.e., ethics, cultural differences, and reputational consequences).
| Delivery type | Number | Length hours | Student hours |
|---|---|---|---|
| Workshop | 10 | 3 | 30 |
| Private study hours | 120 | ||
| Total Contact hours | 30 | ||
| Total hours (100hr per 10 credits) | 150 | ||
This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.
Formative feedback will be available through seminar exercises with worked examples and feedback.
| Assessment type | Notes | % of formal assessment |
|---|---|---|
| Assignment | 3,000 word assignment | 100 |
| Total percentage (Assessment Coursework) | 100 | |
The resit for this module will be 100% by 3,000 word coursework
The reading list is available from the Library website
Last updated: 16/08/2024
Errors, omissions, failed links etc should be notified to the Catalogue Team