Firm Strategy and Internationalisation
| Code | School | Level | Credits | Semesters |
| BUSI2162 | Nottingham University Business School | 2 | 20 | Spring Malaysia |
- Code
- BUSI2162
- School
- Nottingham University Business School
- Level
- 2
- Credits
- 20
- Semesters
- Spring Malaysia
Summary
The module intends to cover topics such as agency theory, transaction cost economics, integration, and organizational and institutional aspects of international business and their impact.
Target Students
Available Part I and Part II Business School students with the required pre-requisite BUSI1105 Business Economics or BUSI1106 Economic Principles or BUSI1107 Introduction to Economics.
Classes
- One 1-hour tutorial each week for 4 weeks
- Two 2-hour lectures each week for 11 weeks
Assessment
- 100% Exam (2-hour-30-minute): One 2.5-hour examination
Assessed by end of spring semester
Educational Aims
The aim of the module is to introduce students to the economic view of firms, highlighting the implications for firms' decisions in closed and open economies.Learning Outcomes
Knowledge and understanding
This module develops a knowledge and understanding of:
- The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk.
- The development of appropriate policies and strategies within a changing environment to meet stakeholder interests.
- Economic principles and tools addressing the microeconomic issue of the interdependency of markets.
- Economic principles and tools addressing the microeconomic issue of the relationships between principals and agents.
- Have the ability to discuss and analyse government policy and to evaluate the performance of the UK and other economies, past and present.
- Ability to apply core economic theory and economic reasoning to applied topics.
Intellectual skills
This module develops:
- 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.
- Conceptual and critical thinking, analysis, synthesis and evaluation.
Professional practical skills
This module develops:
- Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetitie for development.
- The ability to understand business problems and phenomena in terms of economic principles and models.
Transferable (key) skills
This module develops:
- An awareness of the interpersonal skills of effective listening, negotiating, persuasion and presentation and their use in generating business contacts.
- Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time.
- Articulating and effectively explaining information.
- Subject-specific transferable skills including analysis and problem-framing.
Conveners
- Dr Yoong Hon Jason Lee
Last updated 09/01/2025.