The module aims to :
1.Provide insight into the broad context in which businesses operate, and ongoing economic integration in and around emerging markets
2.Explore practical international business management issues arising from the internationalisation of sourcing and operations, against the wider context of the global political economy
3.Develop awareness and understanding of current affairs problems explored by academics and non-academics and be able to appraise them critically by researching sources with an international focus
4.Encourage interaction, collaborative and self-directed learning by using peer knowledge and experience drawing together features of businesses operating in different countries, that is, in a multi-cultural environment
5.Promote the application of concept to practical aspects of international business management and move beyond the module’s remit by developing in students a true global awareness of the realities faced by the international business manager
Module learning outcomes
On successful completion of this module students will be able to
1.Evaluate and understand global business background in emerging countries in which businesses operate and shift resources across the world
2.Demonstrate ability to apply concepts, models and a range of analytical tools appropriately and strategically for managers operating in diverse environments
3.Develop competence and managerial skills needed to search, handle and interpret information relevant in the analysis of modern business organisations operating internationally
Indicative syllabus – for full details see section C in Module Booklet
An Overview of Emerging Markets
Differences in the Economic Environment in Emerging Markets The Political, Legal and Cultural Framework in Emerging Marke ts An Analysis of Selected Emerging Markets
Foreign Investment Opportunities and Trends in Emerging Markets and Taking Advantage of Opportunities in emerging markets Entry Strategies for Emerging Markets A Framework for International Business Negotiations Assessing Risks and Opportunities in Emerging Economies Challenges to emerging market firms Managerial capabilities for international business managers.
This module also provides an important opportunity to plan space for – resources permitting -:
-Educational visits, external speakers including professionals and alumni to complement student knowledge
-course-based activity week days involving cross-cultural experience
The module’s teaching and learning strategy was designed to develop the following set of skills: Academic writing; Academic reading; Evaluating sources; Problem solving and application; Critical thinking and analysis; Communication - interpersonal working with others; IT literacy; Self-assessment and reflection; Creativity; Career management
·Introduction of the chosen emerging country and its characteristics- geography location, political situation, general economy and religion and cultural issues.
·Demonstrating an understanding of business issues likely to be encountered in the chosen emerging market?
·Understanding of practical realities of management in a diverse cultural context?
·Considerations given to living conditions, expenditures, well-being and family settlement issues.
·Recommendations for managers wanting to work in the chosen country.
·Critical analysis of sources consulted?
·Professionally presented poster, clearly labelled and easy to read and understand
·Evidence of research into the chosen emerging market
·Comprehensive and appropriate advice
·Evidence of analysis of the chosen industry
·The presenters able to answer questions clearly?
·Team’s visual display
·Accurate and appropriate referencing (conform to conventions)?