Run by Bangor Business School
10 Credits or 5 ECTS Credits
Organiser: Mr Stephen Jones
Overall aims and purpose
To provide an understanding of the forces driving globalisation, and their implications for countries, industries and organisations. To explore the benefits and challenges of implementing various methods of conducting international business.
Globalisation and international business; Challenges of operating in an international environment; Culture in the global environment; Role of governments in international business; Economic and behavioural explanations of international business; Range of transaction modes, export/import, joint venture, licensing and other cooperative modes, wholly-owned direct investment; Creating a Global Value Chain; Selecting countries and modes of entry; Challenges of implementing international business strategy.
An outstanding performance, exceptionally able. The relevant information accurately deployed. Excellent grasp of theoretical/conceptual/practice elements. Good integration of theory/practice/information in pursuit of the assessed work's objectives. Strong evidence of the use of creative and reflective skills.
No major omissions or inaccuracies in the development of information/skills. Some grasp of theoretical/conceptual/practical elements. Integration of theory/practice/information present intermittently in pursuit of the assessed work's objectives.
Much of the relevant information and skills mostly accurately deployed. Adequate grasp of theoretical/conceptual/practical elements. Fair integration of theory/practice/information in the pursuit of the assessed work's objectives. Some evidence of the use of creative and reflective skills.
Understand the forces of globalisation and their impact on nations and organisations.
Appreciate the theories of international trade and the relations between governments and companies.
Analyse situations and propose optimum solutions for different country opportunities.
Plan for effective implementation of international business strategies.
|Exam S1 2hrs||60|
Teaching and Learning Strategy
One 2 hour lecture per week.
- Literacy - Proficiency in reading and writing through a variety of media
- Computer Literacy - Proficiency in using a varied range of computer software
- Self-Management - Able to work unsupervised in an efficient, punctual and structured manner. To examine the outcomes of tasks and events, and judge levels of quality and importance
- Exploring - Able to investigate, research and consider alternatives
- Information retrieval - Able to access different and multiple sources of information
- Inter-personal - Able to question, actively listen, examine given answers and interact sensitevely with others
- Critical analysis & Problem Solving - Able to deconstruct and analyse problems or complex situations. To find solutions to problems through analyses and exploration of all possibilities using appropriate methods, rescources and creativity.
- Presentation - Able to clearly present information and explanations to an audience. Through the written or oral mode of communication accurately and concisely.
- Argument - Able to put forward, debate and justify an opinion or a course of action, with an individual or in a wider group setting
- Self-awareness & Reflectivity - Having an awareness of your own strengths, weaknesses, aims and objectives. Able to regularly review, evaluate and reflect upon the performance of yourself and others
Subject specific skills
- People management: to include communications, team building, leadership and motivating others.
- Problem solving and critical analysis: analysing facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions.
- Research: the ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making.
- Commercial acumen: based on an awareness of the key drivers for business success, causes of failure and the importance of providing customer satisfaction and building customer loyalty.
- Innovation, creativity and enterprise: the ability to act entrepreneurially to generate, develop and communicate ideas, manage and exploit intellectual property, gain support, and deliver successful outcomes.
- Networking: an awareness of the interpersonal skills of effective listening, negotiating, persuasion and presentation and their use in generating business contacts.
- Ability to work collaboratively both internally and with external customers and an awareness of mutual interdependence.
- Ability to work with people from a range of cultures.
- Articulating and effectively explaining information.
- Building and maintaining relationships.
- Communication and listening including the ability to produce clear, structured business communications in a variety of media.
- Emotional intelligence and empathy.
- Conceptual and critical thinking, analysis, synthesis and evaluation.
- Self-management: a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
- Self reflection: self-analysis and an awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetite for development.
Pre- and Co-requisite Modules
Courses including this module
Compulsory in courses:
- NG10: BA Business and Computer Information Systems year 3 (BA/BCIS)
- N1R1: BA Bus Stud with French year 3 (BA/BSFR)
- N1R2: BA Business Studies with German year 3 (BA/BSGER)
- N1R3: BA Business Studies with Italian year 3 (BA/BSIT)
- NN15: BA Business Studies and Marketing year 3 (BA/BSM)
- N1R4: BA Business Studies with Spanish year 3 (BA/BSSP)
- N100: BA Business Studies year 3 (BA/BUSS)
- NR1C: BA Business Studies/French year 4 (BA/BUSSF)
- NR1F: BA Business Studies and German year 4 (BA/BUSSG)
- NR1H: BA Business Studies and Italian year 4 (BA/BUSSI)
- N102: BA Business Studies (with International Experience) year 4 (BA/BUSSIE)
- NR1K: BA Business Studies and Spanish year 4 (BA/BUSSS)
- R1NC: BA French with Business Studies year 4 (BA/FBS)
- R2NC: BA German with Business Studies year 4 (BA/GBS)
- N500: BA Marketing year 3 (BA/MK)
- R4N1: BA Spanish with Business Studies year 4 (BA/SPBS)
- N101: BSc Business Studies year 3 (BSC/BS)
- NNM1: BSc Business Studies & Marketing with Intl Experience year 4 (BSC/BSMIE)
- NN1M: BSc Business Studies and Marketing year 3 (BSC/BSMKT)
- IN00: BSc Computer Information Systems for Business year 3 (BSC/CISB)
- N501: BSc Marketing year 3 (BSC/MKT)
- M1N1: LLB Law with Business Studies year 3 (LLB/LBS)
Optional in courses:
- NN45: BA Accounting and Banking year 3 (BA/AB)
- NQ26: BA Astudiaethau Busnes a Chymraeg year 3 (BA/ABCH)
- NN36: BA Accounting and Banking with International Experience year 4 (BA/ABIE)
- NN72: BA Administration and Management year 3 (BA/ADMGT)
- N400: BA Accounting and Finance year 3 (BA/AF)
- N401: BA Accounting & Finance (with International Experience) year 4 (BA/AFIE)
- NR43: BA Accounting/Italian year 4 (BA/AIT)
- NR44: BA Accounting/Spanish year 4 (BA/ASP)
- L114: BA Business Economics year 3 (BA/BE)
- L115: BA Business Economics (with International Experience) year 4 (BA/BEIE)
- N322: BA Banking and Finance year 3 (BA/BIF)
- NR33: BA Banking/Italian year 4 (BA/BIT)
- NN13: BA Business Studies and Finance year 3 (BA/BSF)
- NN14: BA Business Stud & Finance (with International Experience) year 4 (BA/BSFIE)
- NR34: BA Banking/Spanish year 4 (BA/BSP)
- LN14: BA Economics/Accounting year 3 (BA/ECA)
- LN15: BA Accounting & Economics (with International Experience) year 4 (BA/ECAIE)
- L1T1: BA Economics and Chinese year 4 (BA/ECCH)
- LR13: BA Economics/Italian year 4 (BA/ECIT)
- LL13: BA Sociology/Economics year 3 (BA/ECS)
- LR14: BA Economics/Spanish year 4 (BA/ECSP)
- NR41: BA French/Accounting year 4 (BA/FRA)
- NR31: BA French/Banking year 4 (BA/FRB)
- LR11: BA French/Economics year 4 (BA/FREC)
- NR42: BA German/Accounting year 4 (BA/GA)
- NR32: BA German/Banking year 4 (BA/GB)
- LR12: BA German/Economics year 4 (BA/GEC)
- LV11: BA History/Economics year 3 (BA/HEC)
- N2N4: BA Management with Accounting year 3 (BA/MAF)
- LL14: BA Social Policy/Economics year 3 (BA/SPEC)
- NN44: BSc Accounting and Banking with International Experience year 4 (BSC/ABIE)
- NN43: BSc Accounting and Banking year 3 (BSC/ACCB)
- NL41: BSc Accounting and Economics year 3 (BSC/ACCEC)
- NN4H: BSc Accounting and Finance year 3 (BSC/ACCFIN)
- N402: BSc Accounting & Finance (with International Experience) year 4 (BSC/ACCFINIE)
- NL42: BSc Accounting and Economics with International Experience year 4 (BSC/AEIE)
- L190: BSc Business Economics year 3 (BSC/BEC)
- N391: BSc Banking and Finance year 3 (BSC/BFIN)
- GN41: BSC Computer Science for Business year 3 (BSC/CSFB)
- L111: BSc Financial Economics year 3 (BSC/FINEC)
- N2NK: BSc Management with Accounting year 3 (BSC/MWACC)
- N2NH: BSc Management with Banking & Fin year 3 (BSC/MWBF)