MGN447 Managing in a Globalised Economy
To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.
| Unit code: | MGN447 |
|---|---|
| Equivalent(s): | MGX447 |
| Credit points: | 12 |
| Timetable | Details in HiQ, if available |
| Availabilities |
|
| Domestic tuition unit fee | $4,092 |
| International unit fee | $4,584 |
Unit Outline: Semester 1 2024, Gardens Point, Internal
| Unit code: | MGN447 |
|---|---|
| Credit points: | 12 |
| Equivalent: | MGX447 |
| Coordinator: | Luca Casali | luca.casali@qut.edu.au |
Overview
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context.
Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
Learning Outcomes
On successful completion of this unit you will be able to:
- Explain the drivers of globalisation including the threats and opportunities arising from these, and explain the motives for firms to pursue international business.Relates to: PG Business Capabilities: KS (1.1)
- Explain the functions of business and how these are impacted by internationalising business operations.Relates to: PG Business Capabilities: KS (1.1)
- Analyse and assess the impact on business operations of social, economic and political differences among nations and of the nature and regulation of links and transfers existing between nations.
- Recognise the factors that make international operations inherently more difficult to manage and control than domestic operations and formulate operational responses to the impacts of diversity and globalisation in real world business settings.
- Apply teamwork knowledge and skills in a responsible way for effective collaboration.
Content
This unit will discuss and examine issues important to business operations in international settings including:
- Nature and growth of international business
- Competitive environments and national differences in political economy and culture
- Trading and investing in international business
- Economic theories of international business
- Foreign exchange and the international monetary system
- Regional economic integration
- Strategy & Structure of international business
- Global Human Resource Management
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
1.2 Apply technical, technological and technical research skills to organise and interpret discipline knowledge, including theory and practice, to investigate business issues.
Higher Order Thinking Skills (HO)
2.1 Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
2.2 Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Professional Communication (PC)
3.1 Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
3.2 Use information literacy skills and communicate effectively and professionally in oral forms appropriate for diverse purposes, contexts and audiences.
Teamwork & Self (TS)
4.1 Exercise self-reflection and accountability in applying knowledge and skills for own learning and effective practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across a range of complex activities and contexts.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices of business in critically analysing and effectively responding to complex business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues and critically reflect on the responsibilities and impacts of organisations in national and international business contexts.
Learning Approaches
This unit is available to internal and external (online) students, incorporating synchronous and asynchronous flexible delivery elements including live online tutorials, lecture recordings and interactive online materials accessed via the unit Canvas site. Class contact will be three hours each week including lecture, tutorial/workshop activities, case study analysis and student led seminars throughout the semester. A range of reading materials, cases and other support resources will be available via the unit Canvas site and the textbook.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Details of all assessment items will be made available on the unit Canvas site.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Online Quiz
A Multiple choice quiz covering the early content of the unit (topics 1 to 6). This quiz will be accessed online via the unit Canvas site.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Group Report
A case study which examines a number of issues in relation to managing in the global economy. (Marks incorporate a short individual reflection on team work.)
Summative or formative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), PC (3.1), TS (4.2), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Examination
Final online exam comprising short answers and an essay question.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1)
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Hill, C. W. (2018). International Business: Competing in the Global Marketplace (12th ed.). McGraw Hill, New York.
Recommended text(s)
Wild, J. & Wild, K. (2013) International Business. Global Edition (7th), Pearson Higher ED
Cavusqil, T.S., Knight, G., Riesenberger (2012), A Framework of International Business, An international Edition , Pearson Highier Ed.
Griffin, R.W. & Pustay, M. (2012), International Business Global Edition ( 7th), Pearson Higher Ed.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate)
HO (2.1): Critical Analysis
Relates to: ULO3, ULO4, Group Report, Examination
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO4, Group Report
KS (1.1): Discipline and Professional Practice Knowledge
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Group Report
SE (5.2): Global Social Responsibility
Relates to: ULO3, Group Report
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO5, Group Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS37 Graduate Certificate in Business and Communication
- Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination - Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
Relates to: ULO3, ULO4, Group Report, Examination - Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Relates to: ULO4, Group Report - Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
Relates to: ULO5, Group Report
Unit Outline: Semester 1 2024, Online
| Unit code: | MGN447 |
|---|---|
| Credit points: | 12 |
| Equivalent: | MGX447 |
Overview
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context.
Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
Learning Outcomes
On successful completion of this unit you will be able to:
- Explain the drivers of globalisation including the threats and opportunities arising from these, and explain the motives for firms to pursue international business.Relates to: PG Business Capabilities: KS (1.1)
- Explain the functions of business and how these are impacted by internationalising business operations.Relates to: PG Business Capabilities: KS (1.1)
- Analyse and assess the impact on business operations of social, economic and political differences among nations and of the nature and regulation of links and transfers existing between nations.
- Recognise the factors that make international operations inherently more difficult to manage and control than domestic operations and formulate operational responses to the impacts of diversity and globalisation in real world business settings.
- Apply teamwork knowledge and skills in a responsible way for effective collaboration.
Content
This unit will discuss and examine issues important to business operations in international settings including:
- Nature and growth of international business
- Competitive environments and national differences in political economy and culture
- Trading and investing in international business
- Economic theories of international business
- Foreign exchange and the international monetary system
- Regional economic integration
- Strategy & Structure of international business
- Global Human Resource Management
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
1.2 Apply technical, technological and technical research skills to organise and interpret discipline knowledge, including theory and practice, to investigate business issues.
Higher Order Thinking Skills (HO)
2.1 Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
2.2 Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Professional Communication (PC)
3.1 Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
3.2 Use information literacy skills and communicate effectively and professionally in oral forms appropriate for diverse purposes, contexts and audiences.
Teamwork & Self (TS)
4.1 Exercise self-reflection and accountability in applying knowledge and skills for own learning and effective practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across a range of complex activities and contexts.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices of business in critically analysing and effectively responding to complex business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues and critically reflect on the responsibilities and impacts of organisations in national and international business contexts.
Learning Approaches
This unit is available to internal and external (online) students, incorporating synchronous and asynchronous flexible delivery elements including live online tutorials, lecture recordings and interactive online materials accessed via the unit Canvas site. Class contact will be three hours each week including lecture, tutorial/workshop activities, case study analysis and student led seminars throughout the semester. A range of reading materials, cases and other support resources will be available via the unit Canvas site and the textbook.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Details of all assessment items will be made available on the unit Canvas site.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Online Quiz
A Multiple choice quiz covering the early content of the unit (topics 1 to 6). This quiz will be accessed online via the unit Canvas site.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Group Report
A case study which examines a number of issues in relation to managing in the global economy. (Marks incorporate a short individual reflection on team work.)
Summative or formative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), PC (3.1), TS (4.2), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Examination
Final online exam comprising short answers and an essay question.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1)
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Hill, C. W. (2018). International Business: Competing in the Global Marketplace (12th ed.). McGraw Hill, New York.
Recommended text(s)
Wild, J. & Wild, K. (2013) International Business. Global Edition (7th), Pearson Higher ED
Cavusqil, T.S., Knight, G., Riesenberger (2012), A Framework of International Business, An international Edition , Pearson Highier Ed.
Griffin, R.W. & Pustay, M. (2012), International Business Global Edition ( 7th), Pearson Higher Ed.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate)
HO (2.1): Critical Analysis
Relates to: ULO3, ULO4, Group Report, Examination
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO4, Group Report
KS (1.1): Discipline and Professional Practice Knowledge
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Group Report
SE (5.2): Global Social Responsibility
Relates to: ULO3, Group Report
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO5, Group Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS37 Graduate Certificate in Business and Communication
- Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination - Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
Relates to: ULO3, ULO4, Group Report, Examination - Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Relates to: ULO4, Group Report - Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
Relates to: ULO5, Group Report
Unit Outline: Semester 2 2024, Gardens Point, Internal
| Unit code: | MGN447 |
|---|---|
| Credit points: | 12 |
| Equivalent: | MGX447 |
Overview
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context.
Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
Learning Outcomes
On successful completion of this unit you will be able to:
- Explain the drivers of globalisation including the threats and opportunities arising from these, and explain the motives for firms to pursue international business.Relates to: PG Business Capabilities: KS (1.1)
- Explain the functions of business and how these are impacted by internationalising business operations.Relates to: PG Business Capabilities: KS (1.1)
- Analyse and assess the impact on business operations of social, economic and political differences among nations and of the nature and regulation of links and transfers existing between nations.
- Recognise the factors that make international operations inherently more difficult to manage and control than domestic operations and formulate operational responses to the impacts of diversity and globalisation in real world business settings.
- Apply teamwork knowledge and skills in a responsible way for effective collaboration.
Content
This unit will discuss and examine issues important to business operations in international settings including:
- Nature and growth of international business
- Competitive environments and national differences in political economy and culture
- Trading and investing in international business
- Economic theories of international business
- Foreign exchange and the international monetary system
- Regional economic integration
- Strategy & Structure of international business
- Global Human Resource Management
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
1.2 Apply technical, technological and technical research skills to organise and interpret discipline knowledge, including theory and practice, to investigate business issues.
Higher Order Thinking Skills (HO)
2.1 Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
2.2 Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Professional Communication (PC)
3.1 Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
3.2 Use information literacy skills and communicate effectively and professionally in oral forms appropriate for diverse purposes, contexts and audiences.
Teamwork & Self (TS)
4.1 Exercise self-reflection and accountability in applying knowledge and skills for own learning and effective practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across a range of complex activities and contexts.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices of business in critically analysing and effectively responding to complex business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues and critically reflect on the responsibilities and impacts of organisations in national and international business contexts.
Learning Approaches
This unit is available to internal and external (online) students, incorporating synchronous and asynchronous flexible delivery elements including live online tutorials, lecture recordings and interactive online materials accessed via the unit Canvas site. Class contact will be three hours each week including lecture, tutorial/workshop activities, case study analysis and student led seminars throughout the semester. A range of reading materials, cases and other support resources will be available via the unit Canvas site and the textbook.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Details of all assessment items will be made available on the unit Canvas site.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Online Quiz
A Multiple choice quiz covering the early content of the unit (topics 1 to 6). This quiz will be accessed online via the unit Canvas site.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Group Report
A case study which examines a number of issues in relation to managing in the global economy. (Marks incorporate a short individual reflection on team work.)
Summative or formative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), PC (3.1), TS (4.2), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Examination
Final online exam comprising short answers and an essay question.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1)
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Hill, C. W. (2018). International Business: Competing in the Global Marketplace (12th ed.). McGraw Hill, New York.
Recommended text(s)
Wild, J. & Wild, K. (2013) International Business. Global Edition (7th), Pearson Higher ED
Cavusqil, T.S., Knight, G., Riesenberger (2012), A Framework of International Business, An international Edition , Pearson Highier Ed.
Griffin, R.W. & Pustay, M. (2012), International Business Global Edition ( 7th), Pearson Higher Ed.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate)
HO (2.1): Critical Analysis
Relates to: ULO3, ULO4, Group Report, Examination
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO4, Group Report
KS (1.1): Discipline and Professional Practice Knowledge
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Group Report
SE (5.2): Global Social Responsibility
Relates to: ULO3, Group Report
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO5, Group Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS37 Graduate Certificate in Business and Communication
- Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination - Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
Relates to: ULO3, ULO4, Group Report, Examination - Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Relates to: ULO4, Group Report - Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
Relates to: ULO5, Group Report
Unit Outline: Semester 2 2024, Online
| Unit code: | MGN447 |
|---|---|
| Credit points: | 12 |
| Equivalent: | MGX447 |
Overview
Students entering the program, particularly those entering with a non-business background or non-international business background, need a grounding in how the conduct of business operating in the global economy is distinct from that of domestic business. The additional complexity of international business operations is both one of degree as well as one of context.
Business must operate in diverse foreign environments and engage in specialised types of transactions. To succeed in international business requires functional understanding of the threats and opportunities arising from the diversity of markets and the growth of globalisation, the nature and role of business operations in the international value chain and the management and control of international business operations.
Learning Outcomes
On successful completion of this unit you will be able to:
- Explain the drivers of globalisation including the threats and opportunities arising from these, and explain the motives for firms to pursue international business.Relates to: PG Business Capabilities: KS (1.1)
- Explain the functions of business and how these are impacted by internationalising business operations.Relates to: PG Business Capabilities: KS (1.1)
- Analyse and assess the impact on business operations of social, economic and political differences among nations and of the nature and regulation of links and transfers existing between nations.
- Recognise the factors that make international operations inherently more difficult to manage and control than domestic operations and formulate operational responses to the impacts of diversity and globalisation in real world business settings.
- Apply teamwork knowledge and skills in a responsible way for effective collaboration.
Content
This unit will discuss and examine issues important to business operations in international settings including:
- Nature and growth of international business
- Competitive environments and national differences in political economy and culture
- Trading and investing in international business
- Economic theories of international business
- Foreign exchange and the international monetary system
- Regional economic integration
- Strategy & Structure of international business
- Global Human Resource Management
QUT Business Capabilities (Postgraduate)
The content and assessment in this unit are aligned to a selection of the following set of QUT Business Capabilities, also known as Assurance of Learning Goals (AoLs). Developing these capabilities will assist you to meet the desired graduate outcomes set at QUT and equip you with the knowledge and skills to succeed in your chosen career.
Knowledge & Technical Skills (KS)
1.1 Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
1.2 Apply technical, technological and technical research skills to organise and interpret discipline knowledge, including theory and practice, to investigate business issues.
Higher Order Thinking Skills (HO)
2.1 Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
2.2 Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Professional Communication (PC)
3.1 Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
3.2 Use information literacy skills and communicate effectively and professionally in oral forms appropriate for diverse purposes, contexts and audiences.
Teamwork & Self (TS)
4.1 Exercise self-reflection and accountability in applying knowledge and skills for own learning and effective practice.
4.2 Apply teamwork knowledge and skills for effective collaboration across a range of complex activities and contexts.
Social, Ethical & Global Understanding (SE)
5.1 Demonstrate and apply knowledge of ethical and legal principles and practices of business in critically analysing and effectively responding to complex business issues.
5.2 Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues and critically reflect on the responsibilities and impacts of organisations in national and international business contexts.
Learning Approaches
This unit is available to internal and external (online) students, incorporating synchronous and asynchronous flexible delivery elements including live online tutorials, lecture recordings and interactive online materials accessed via the unit Canvas site. Class contact will be three hours each week including lecture, tutorial/workshop activities, case study analysis and student led seminars throughout the semester. A range of reading materials, cases and other support resources will be available via the unit Canvas site and the textbook.
Feedback on Learning and Assessment
Students will receive feedback in various forms throughout the semester which may include:
- Informal: worked examples, such as verbal feedback in class, personal consultation
- Formal: in writing, such as checklists (e.g. criteria sheets), written commentary
- Direct: to individual students, either in written form or in consultation
- Indirect: to the whole class
Assessment
Overview
The assessment in this unit aims to support your achievement of the learning objectives for both Discipline Knowledge and Other Graduate Capabilities. Assessment has been designed in order to allow you to both:
- receive feedback on your learning as you progress toward the development of knowledge, understanding, skills and attitudes (formative assessment); and
- demonstrate your learning in order to achieve a final grade (summative assessment).
Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.
Details of all assessment items will be made available on the unit Canvas site.
Unit Grading Scheme
7- point scale
Assessment Tasks
Assessment: Online Quiz
A Multiple choice quiz covering the early content of the unit (topics 1 to 6). This quiz will be accessed online via the unit Canvas site.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1)
Assessment: Group Report
A case study which examines a number of issues in relation to managing in the global economy. (Marks incorporate a short individual reflection on team work.)
Summative or formative: Formative and Summative
Business Capabilities (AoL goals): HO (2.1, 2.2), PC (3.1), TS (4.2), SE (5.2)
This assignment is eligible for the 48-hour late submission period and assignment extensions.
Assessment: Examination
Final online exam comprising short answers and an essay question.
Summative or formative: Summative
Business Capabilities (AoL goals): KS (1.1), HO (2.1)
Academic Integrity
Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.
Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.
You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.
Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.
Resources
Resource Materials
Prescribed text(s)
Hill, C. W. (2018). International Business: Competing in the Global Marketplace (12th ed.). McGraw Hill, New York.
Recommended text(s)
Wild, J. & Wild, K. (2013) International Business. Global Edition (7th), Pearson Higher ED
Cavusqil, T.S., Knight, G., Riesenberger (2012), A Framework of International Business, An international Edition , Pearson Highier Ed.
Griffin, R.W. & Pustay, M. (2012), International Business Global Edition ( 7th), Pearson Higher Ed.
Risk Assessment Statement
There are no out-of-the-ordinary risks associated with lectures or tutorials in this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to
view the Emergency video.
Standards/Competencies
This unit is designed to support your development of the following standards\competencies.
QUT Business Capabilities (Postgraduate)
HO (2.1): Critical Analysis
Relates to: ULO3, ULO4, Group Report, Examination
HO (2.2): Independent Judgement and Decision-Making
Relates to: ULO4, Group Report
KS (1.1): Discipline and Professional Practice Knowledge
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination
PC (3.1): Professional Communication (Written)
Relates to: ULO5, Group Report
SE (5.2): Global Social Responsibility
Relates to: ULO3, Group Report
TS (4.2): Teamwork Knowledge and Skills
Relates to: ULO5, Group Report
Course Learning Outcomes
This unit is designed to support your development of the following course/study area learning outcomes.BS37 Graduate Certificate in Business and Communication
- Demonstrate and apply integrated and advanced discipline and professional practice knowledge, including knowledge of relevant research principles and methods.
Relates to: ULO1, ULO2, ULO3, ULO4, Online Quiz, Examination - Critically investigate real world business issues and problems drawing on analysis, evaluation and synthesis of discipline knowledge, including theory and practice.
Relates to: ULO3, ULO4, Group Report, Examination - Exercise creativity and intellectual independence and make informed decisions and judgements in planning, designing, and executing strategic and research-based responses to address real world issues and problems.
Relates to: ULO4, Group Report - Use information literacy skills and communicate effectively and professionally in written forms and using media appropriate for diverse purposes, contexts and audiences.
Relates to: ULO5, Group Report