International Business Operations
| Structure Type: | Course |
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| Code: | KD06BNMA630 |
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| Type: | Compulsory |
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| Level: | Bachelor |
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| Credits: | 5.0 points |
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| Responsible Teacher: | Laine, Päivö |
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| Teacher Team: | Koski, Miia |
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| Language of Instruction: | English |
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Learning Outcomes
Students know the various forms and modes of international business operations, their advantages and disadvantages particularly from the viewpoint of small and medium-sized companies.
Student's Workload
- lectures and guided practice 25 h
- E-learning and guided exercises 60 h
- independent work 50 h
Prerequisites / Recommended Optional Courses
- Introduction to Business Administration
- Business Communication
- Basics of Economics
- Basics of Marketing
Contents
- The importance of foreign trade and modes of export and import.
- Know what kind of operations are connected to export and import processes
- Exporting, licensing, franchising, direct foreign investments and pros and cons of mentioned forms of business
Recommended or Required Reading
- Lawrence S. Welch, Foreign operation methods
- Ricky W. Griffin & Michael W. Pustay, International Business
- Handouts and other materials as indicated by the lecture
Mode of Delivery / Planned Learning Activities and Teaching Methods
- Lectures and functional case exercises like workshops, games, drama, discussions and seminars
- Sharing the cultural knowledge of attendees
- Portfolio of exercises
- Exam
- independent work
Assessment Criteria
Assessment criteria
The course is assessed on a scale of 1 to 5.
Excellent (5)
Student is able to find and recognize essential country information for internationalization. Student is able to make decisions about operation mode for different cases and has good validation for arguments. Student can assess different international organization structures of companies and is able to compare their benefits and disadvantages in different situations. Student has assimilated the knowledge of cultural differences in behavior and recognizes differences in own and in others behavior and can compromise and work in multicultural group.
Good (4-3)
Student is able to find country information for internationalization, but the information is not the most essential for the case. Student can make decision about operation mode for different cases but does not present good arguments. Student can assess different international organization structures of companies and generally compare their benefits and disadvantages. Student has assimilated the knowledge of cultural differences in behavior and recognizes differences in own and others behavior and can work in multicultural group, but finds it difficult to make compromises.
Satisfactory (2-1)
Student is able to find some country information for internationalization, but the information is not the most essential for the case. Student can make decision about operation mode for different cases but does not present arguments. Student can describe different international organization structures of companies and generally compare their benefits and disadvantages. Student has assimilated the knowledge of cultural differences in behavior and recognizes differences in others behavior but not in own behavior. Student can work in multicultural group, but finds it difficult and cannot make compromises.
Assessment Methods
- Active participation in teaching and case exercises
- Portfolio
- Exam
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