Firm Strategy and Internationalisation

Code

BUSI2183

School

Nottingham University Business School China

Level

2

Credits

20

Semesters

Spring China

Summary

PRE-REQUISITE   

Please note that for this module, the following pre-requisites apply:

       BUSI1114 Business Economics

OR BUSI1115 Economic Principles OR BUSI1117 Introduction to Economics

(Please ignore    Requisites: N/A     below)

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. 

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.

Re-assessment format is decided by the school.

Target Students

Compulsory for IBE students, optional for other IB majors

Classes

• One 1-hour tutorial each week for 4 weeks
• Two 1-hour-30-minute lectures each week for 11 weeks

Assessment

• 100% Exam 1 (2-hour-30-minute): One 2.5-hour exam

Assessed by end of spring semester

Educational Aims

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.

Other (not in Benchmark Statements)

• 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.

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

Conveners

• Dr Saileshsingh GUNESSEE