This course is a broad survey of the field of international business and provides the foundations for further specialisation in this field. It will begin with a brief overview of international business, focused on the concept of globalisation. The course will then examine the environment for international firms, particularly the political, social economic, technological and other configurations that support cross-border trade and investment. Amongst others, we will look at the role of national policies, cultures and business systems, the evolution of international markets in goods, services and finance, and the supernational mechanisms and infrastructures for trade, investment and finance. The course will then probe international firms: their strategies and organisational design, their entry modes into international enterprise, and their behavioural and control systems.

Discussion of current events/affairs and how these impact on international businesses is a major part of the course, for instance, issues relating to international trade, foreign investment, international political conflict, financial crises, etc.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

1. Identify the main features of the international business environment and its main institutions;
2. analyse the political, social, economic, technological and other configurations that support cross-border trade;
3. apply an understanding of the nature of the multinational firm as an institutional structure for the conduct of cross-border trade and investment;
4. analyse the key decisions that multinational firms make in relation to the choice of markets and entry strategies;
5. apply an understanding of the different modes of engagement with international markets and explore the interconnectedness between these and the economic, legal, governmental, political, regulatory, cultural and other environments in which expanding companies operate;
6. research international business issues and apply theoretical insights to the analysis of such issues in the context of a complex international business environment; and,
7. communicate effectively in oral and written forms using the concepts, logic and rhetorical conventions of of the subject.

Research-Led Teaching

The lecture content will include scholarly research in the field of International Business including the lecturer’s own research. In addition, other data, research and concepts will be presented during the lectures that are not covered in the textbook. This material will be sourced from research institutes, consultants, and international agencies.

During the tutorials, students will have the opportunity to analyse and present to the class the key points from scholarly research sourced from a journal of their choice.

One of the individual assessment items (Business Environment Analysis Report) is also research-led in that students will need to research and analyse the business environment of a chosen country and make recommendations to a chosen firm about opportunities, risks and entry strategies.

Additional Course Costs

There are no additional course costs.

Examination Material or equipment

This course has a final examination. Further instructions will be advised in Lecture and on Wattle.

Required Resources

There are no additional required resources.

Recommended Resources

Bradly, A. (Ed.), (2016), BUSI2025: International Business, Customised version of Charles W. Hill’s International Business: Competing in the Global Marketplace, 11th Edition, McGraw-Hill Custom Publishing, North Ryde.

Other References

Other Resources

The ANU Library subscribes (electronically) to a wide range of academic journals. Journals that may be helpful for your research include:

• Academy of Management Review
• Academy of Management Perspectives
• Academy of Management Journal
• Journal of Management Studies
• Journal of Management
• Journal of International Business Studies
• Journal of World Business
• International Business Review
• International Journal of Human Resource Management
• Journal of Business Research
• Asia-Pacific Journal of Management
• Management International Review
• Journal of International Marketing
• Strategic Management Journal
• Strategic Management Review

Useful Websites

• Academy of International Business: http://aib.msu.edu/
• Asian Development Bank: www.adb.org
• Australia and New Zealand International Business Academy: http://www.anziba.org/index.html
• Austrade (Australian Trade Commission): http://www.austrade.gov.au/
• Australian Bureau of Statistics: http://www.abs.gov.au/
• Australian Securities and Investments Commission: http://www.asic.gov.au/
• Australian Stock Exchange Limited (ASX): http://www.asx.com.au
• Company Annual Reports Online: http://www.carol.co.uk/
• Department of Foreign Affairs & Trade: http://www.dfat.gov.au/
• Doing Business (World Bank Group): http://www.doingbusiness.org/
• Global Edge: http://globaledge.msu.edu/
• International Monetary Fund: www.imf.org
• OECD: www.oecd.org
• Pacific Economic Cooperation Council: http://www.pecc.org
• The Economist: www.economist.com
• World Factbook (CIA): http://www.odci.gov/cia/publications/factbook/
• World Bank: worldbank.org

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments
• Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session	Summary of Activities	Assessment
1	Topic 1: Introduction - Why International Business: Globalisation and the transformation of business - Introduction to Evidence-based management	Readings Chapter 1. Tutorial: No tutorials
2	Topic 2: Political environments and international business - Economic environments and international business	Readings Chapters 2 & 3 Tutorial: Discussion question No. 1 Topics: Why International Business: Globalisation and the transformation of business Introductions, explanation of tutorial activities
3	Topic 3: Culture and international business - Ethics and international business	Readings: Chapters 4 & 5 Tutorial: Discussion question no. 2 Topics: Political environments and international business - Economic environments and international business
4	Topic 4: International trade: theory and practice	Readings: Chapters 6 & 7 Tutorial: Discussion question no. 3 Topics: Culture and international business - Ethics and international business
5	Topic 5: Foreign direct investment - Regional Economic Integration	Readings: Chapter 8 & 9 Tutorial: Discussion question no. 4 Topics: International trade: theory and practice
6	Topic 6: Foreign exchange markets	Readings: Chapter 10 Tutorial: Discussion question no. 5 Topics: Foreign direct investment - Regional Economic Integration
7	Topic 7: The international monetary system - The Global Capital Market	Readings: Chapters 11 & 12 Tutorial: Discussion question no. 6 Topics: Foreign exchange markets
8	Topic 8: Strategy and organisation of international firms	Readings: Chapters 13 & 14 Tutorial Topics: The international monetary system Discussion question no. 7
9	Topic 9: Entry strategy and strategic alliances	Readings: Chapter 15 Tutorial: Discussion question no. 8 Topics: Strategy and organisation of international firms
10	Topic 10: Course review	Tutorial: Discussion question no. 9 Topics: Entry strategy and strategic alliances

Tutorial Registration

Instructions on Wattle course site

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
1. Tutorial participation	10 %	10/01/2019	01/02/2019	6,7
2. Case analysis report (500-1000 words)	20 %	29/01/2019	15/02/2019	2,3,4,5
3. Business Environment Analysis Report	40 %	01/02/2019	15/02/2019	1,2,3,4,6,7
4. Final exam	30 %	04/02/2019	15/02/2019	1,2,3,4,5,7

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Participation

Attendance at and participation in all classes is expected. All assessment tasks should be attempted.

Examination(s)

This course has a final examination. Further instructions will be advised in Lecture and on Wattle.

Assessment Task 1

1. Tutorial participation

Details of task:

It is essential to your learning – and the learning of others in the class – that you are fully involved in the course. This means that you need to:

a) Attend class – though much learning will be done outside the classroom, class time is a valuable, scarce resource. You are expected to arrive ready to begin class on time; to not leave until class is over; and to attend all classes. If for any special reason you are unable to meet these requirements, please talk to the course convenor about it.

b) Come prepared – it will be assumed that you have completed any assigned readings and prepared for the discussion questions prior to class. Readings and questions which will be provided on Wattle.

c) Actively participate in the learning – we owe it to ourselves and our colleagues to participate as fully as possible in the class sessions.

Purpose:

To evaluate the issues and challenges pertaining to International Business

Marking Criteria:

This component is intended to evaluate the level and quality of your contribution to tutorial discussions, which should reflect your analytical and problem-solving skills. More specifically, it assesses your ability to research international business issues and apply theoretical insights to the analysis of such issues in the context of a complex international business environment; and communicate effectively in oral and written forms using the concepts, logic and rhetorical conventions of of the subject.

Feedback on tutorial participation is given to students on an ongoing basis throughout the course. Students will receive feedback on this assessment item within the first three (of total nine) tutorials for this intensive summer course offering.

Assessment Task 2

2. Case analysis report (500-1000 words)

Due date:

Tuesday 29 January 2019, 4pm

Word limit:

500 – 1000 words

Instructions:

An IB case or issues will be presented in most seminars for discussion and analysis. Students will be required to analyse one of the cases drawing on the knowledge, concepts and decision tools covered during the course to answer the questions provided. While a copy of the case will be distributed during the relevant seminar, they will also be posted on Wattle after the seminar. Those who attend the seminar will have the opportunity to discuss and workshop possible responses to the case questions.

Students are required to write a case analysis report (500 to 1000 words) for one of the case studies that address the case questions. Report No. 1 must be written on a case chosen from the cases presented during the seminars. Your report can be based on the information provided in the case; however you are encouraged to research additional data, information or evidence to strengthen your arguments.

Purpose:

The main purpose of this assessment is to develop your ability to analyse and evaluate the global issues that confront international business.

Marking criteria:

Marking criteria will be posted on Wattle.

Submission instructions:

Assignments are to be word-processed. The use of strict, professional expression is expected. The Harvard referencing style is to be used. Links to documentation on proper referencing methods are available from the ANU Library website.

Return of assignments:

Assignments will be returned during tutorials within two weeks of the submission date. At the end of semester, unclaimed assignments are available from the School office for a limited period of time. Students must provide their student identification cards to claim assignments.

Assessment Task 3

3. Business Environment Analysis Report

Due date:

Friday 1 February 2019, 4pm

Word limit:

2,500 words … ±10%

Instructions:

The individual assignment takes the form of a detailed report to the CEO of an Australian company chosen from the list provided on Wattle. The report should provide an assessment of the business environment in one country in which the company currently has operations.

A detailed task specification will be provided on Wattle.

Purpose:

To develop skills in undertaking research, evaluation of relevant business conditions, and formulation of criteria for decision-making and recommendations. This assessment is intended to further develop your research and analytical skills in issues related to international business.

Marking criteria:

Further guidelines and marking criteria will be posted on Wattle.

Submission instructions:

Assignments are to be word-processed. The use of strict, professional expression is expected. The Harvard referencing style is to be used. Links to documentation on proper referencing methods are available on the course website or from the ANU Library website.

You are required to submit an electronic copy of your assignment to Turnitin via the Watttle website. Further information about Turnitin is provided below.

Return of assignments:

Assignments will be returned within two weeks… via the Wattle website.

Assessment Task 4

4. Final exam

Due date:

Monday February 4th 2019 (TBC)

Instructions:

Will be advised in Lecture and on Wattle.

Purpose:

To demonstrate your understanding of International Business theories and principles from material covered within the course.

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded.

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Returning Assignments

Please see relevant assessment task details above.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Resubmission of Assignments

Unless specified otherwise in the assignment requirements, resubmissions are permitted up until the due date and time, but not allowed afterwards.

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Distribution of grades policy

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• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
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