Unit Information Management System

Introduction to Global Business (MGMT5511, SEM-1, 2017, Crawley)




UWA Business School




Unit Outline




Introduction to Global Business


MGMT5511


SEM-1, 2017


Campus: Crawley


Unit Coordinator: Dr Christopher Chalon


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Copying of this material by students, except for fair dealing purposes under the Copyright Act, is prohibited. For the purposes of this fair dealing exception, students should be aware that the rule allowing copying, for fair dealing purposes, of 10% of the work, or one chapter/article, applies to the original work from which the excerpt in this course material was taken, and not to the course material itself

© The University of Western Australia 2001



Unit details

Unit title Introduction to Global Business
Unit code MGMT5511 Credit points 6
Availability SEM-1, 2017 (27/02/2017 - 24/06/2017)
Location Crawley Mode Face to face

Contact details

Faculty Business School
School UWA Business School
School website http://www.business.uwa.edu.au/
Unit coordinator Dr Christopher Chalon
Email christopher.chalon@uwa.edu.au
Consultation hours By appointment
Lecturers
Tutors/ Demonstrators/ Facilitators
Unit contact hours

Lecture time:

Wednesdays, 6:00pm - 9:00pm

Lecture venue:

Please refer to http://www.timetable.uwa.edu.au for the unit timetable
Online handbook http://handbooks.uwa.edu.au/units/unitdetails?code=MGMT5511
Unit website https://www.lms.uwa.edu.au

Unit rules

Prerequisites MGMT5610 Applied Professional Business Communications; or WACE/TEE English or equivalent
Corequisites
Advisable prior study
Incompatibility
Approved quota

Unit description

This unit focuses on a number of theoretical and practical issues related to managing and practising international business.

Introduction

Welcome to Introduction to Global Business. Over the past few decades there has been a dramatic increase in the extent to which businesses have expanded their operations beyond their domestic borders. However, international expansion presents firms with a variety of challenges that emanate from the global and local environments in which they operate. In this course we will discuss some of these challenges and consider their effects on firms' opportunities for doing business globally, particularly in the Asia-Pacific region. In so doing, we will also consider the ways in which firms can respond to these issues.

These analyses will be undertaken through the programme outlined in the unit schedule. However, as with any study programme, your investment in your own reading, preparation for class discussions and activities, and attention to the assessment tasks that have been set, are vital for your overall understanding of the unit content.

Unit content

This unit covers a number of theoretical issues and concepts related to understanding global business, especially within the Asia-Pacific region. The unit also provides students with the opportunity to apply this understanding to selected case studies, which highlight and contextualise the various challenges and issues facing businesses in their global operations.

Unit goals

This is a foundation unit in the Master of Commerce degree. The goal of the unit is to expose you to foundation knowledge that you will be able to use in the study programme for your specialisation, as well as develop the conceptual and study tools that will assist you to critically evaluate and formulate responses to issues that affect the successful practice of global business.

Learning outcomes

Students are able to (1) access the core academic literature in the field of global/international business; (2) explain and evaluate the business, policy and social contexts framing global business practice and operation; (3) critically evaluate the effect of global and local issues on global business; (4) identify, develop and communicate appropriate management strategies in managing and practising global business; (5) demonstrate an awareness of social and ethical issues influencing global business; (6) develop written and oral communication skills; and (7) develop competencies to work in teams.

Unit structure

(See Timetable)

Unit schedule

WeekDateLecture topic Text readingsOther readings (on LMS)
11 MarchIntroduction / globalisationChs 1 and 2Allen and Raynor
2 8 March The political economy of trade and investmentCh 3
3 15 March Differences in cultureCh 5Hofstede
4 22 March Political and legal environmentsCh 6Jakobsen
5 29 March Economic environmentCh 7
65 April Country market analysisCh 91. Ghemawat
2. Khanna, Palepu & Sinha
7 12 April Strategy of international business
Ch 101. Peng
2. Luo
Mid-semester study break 17 - 21 April
826 AprilEntering foreign marketsCh 111. Lei & Slocum
2. Morschett, Schramm-Klein and Swoboda
9 3 MayInternational marketing and R&DCh 121. De Mooij & Hofstede
2. DeMooij (a)
3. De Mooij (b)
10 10 MayInternational production and outsourcing
Ch 13
11 17 MayInternational HRMCh 141. Caligiuri
2. Jokinen
3. Bennett
12 24 MayTeam presentations
13 31 MayTeam presentations and course review
Pre-examination study break5 - 9 June
Semester 1 examination period10 - 24 June

Teaching and learning responsibilities

Teaching and learning strategies

The course is heavily oriented towards the development of your conceptual, critical thinking and problem-solving skills in an environment that draws on the knowledge and experience of your instructor and peers, hence your participation is vital. To facilitate this, there are five major teaching and learning strategies used in the course:

  1. The formal seminar delivery provides an overview of key concepts, frameworks and theories related to global business. The seminars will incorporate powerpoint presentations by the lecturer, along with short videos, guest speakers (where available) and other pertinent material. This approach serves not only to reinforce the contents of the textbook, but also encourages you to extend your understanding of global business through the discussion of key issues that may go beyond those covered in the text.
  2. The seminar activities (usually case studies) are designed to give you an opportunity to apply theories, concepts and your own critical thinking to a series of scenarios that address specific global business challenges and issues. Through discussions with your instructor and fellow classmates, you will identify the salient points covered in the scenario, consider possible strategies to redress problems and issues raised, and formulate tactics for implementation of solutions. Case study analyses adopt a team-based approach. Teamwork (rather than groupwork) is a generic skill that we must all develop, as most organisational activities require effective teamwork in order to attain strategic objectives. The focus of teamwork in case study exercise is learning how to coalesce analytical ideas that are grounded in conceptual understanding. Thus these exercises will allow you to gauge the effectiveness of your own teamwork skills and also that of others.
  3. The individual written assignment allows you to develop your research and reporting skills, which are extremely important in an organisational setting. Through this exercise, you will have the opportunity to explore a topical issue in global business, research the academic literature, highlight the most salient discussion points, and report your findings in a methodical, structured and coherent manner.
  4. The team project is designed to give you the experience of formulating, recommending, writing and presenting a critically developed and evaluative understanding of the international activities of a given organisation. This exercise builds on the skills you have developed in the in class activities and again provides you with the opportunity to gauge the effectiveness of your teamwork skills, and those of others.
  5. The final examination will provide you with the opportunity to showcase your understanding of the unit content, as well as your critical thinking and evaluative skills.

Teaching and learning evaluation

You may be asked to complete two evaluations during this unit. The Student Perception of Teaching (SPOT) and the Students’ Unit Reflective Feedback (SURF). The SPOT is optional and is an evaluation of the lecturer and the unit. The SURF is completed online and is a university wide survey and deals only with the unit. You will receive an email from the SURF office inviting you to complete the SURF when it is activated. We encourage you to complete the forms as your feedback is extremely important and can be used to make appropriate changes to the unit.

Attendance

Participation in class, whether it be listening to a lecture or getting involved in other activities, is an important part of the learning process, therefore it is important that you attend classes. Indeed, University regulations state that ‘to complete a course or unit students shall attend prescribed classes, lectures, seminars and tutorials’. Where students, due to exceptional circumstances, are unable to attend a scheduled class, they are required to obtain prior approval of the unit coordinator to be absent from that class. Any student absent from class without having had such absence approved by the unit coordinator may be referred to the faculty for advice and ultimately may be required to withdraw from the unit.

Charter of student rights and responsibilities

The Charter of Student Rights and Responsibilities upholds the fundamental rights of students who undertake their education at the University of Western Australia.  The University's charter of Student Rights and Responsibilities is available at www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?method=document&id=UP07/132

Student Guild contact details

The Guild represents all students enrolled at UWA. They can help you in a number of ways by providing financial, academic, and welfare support. Contact details for the University Student Guild can be found at www.guild.uwa.edu.au/. The Guild Education Officer is available to provide assistance and advice on a range of issues.

Student Services contact details

There is a wealth of material provided by UWA Student Services that can help you settle into university life and help with many other issues you may encounter as a university student.  Contact details for Student Services can be found at http://www.student.uwa.edu.au/contact

UniAccess

UniAccess provides free services and support to UWA students who want to disclose a disability or a medical condition and request assistance http://www.student.uwa.edu.au/experience/health/uniaccess

The Library

The University Library http://www.library.uwa.edu.au/has many services available to support you academically.  The Business collection is located in the Barry J Marshall Library in the Science building http://www.library.uwa.edu.au/contact/science , otherwise a Business librarian is available at the School at specified times. 

Uses of student feedback

ACE/AISE/CARS

Your academic orientation includes three online units which you must complete within the first 10 weeks of your enrolment:

AACE1000 Academic Conduct Essentials (ACE)  (just this for postgraduate)
INDG1000 Indigenous Study Essentials
CARS1000 Communication and Research Skills

Information for students with disabilities

The University has a range of support services, equipment and facilities for students with a disability. If you would like to receive advice on these services please email uniline@uwa.edu.au or visit www.student.uwa.edu.au/life/health/uniaccess

Using peer feedback to assess team contributions

The online tool SPARKPLUS may be used to assess individual contributions to team work. Where Spark is used you will be required to provide feedback to, and receive feedback from, your team members. Based on a series of answers from each team member SPARKPLUS automatically produces two weighting factors: your RPF and SAPA. The use of SPARKPLUS will be explained in class and more information is available on LMS.

Assessment

Assessment overview

Assessment information is provided in the unit outline.

Assessment mechanism

#ComponentWeightDue dateRelates to outcomes
1Participation in seminar activities10%Ongoing1 - 5
2Individual assignment20%13 April, 11.59pm1 - 5
3Team project and presentationProject - 20%
Presentation - 10%
Project: 19 May, 11:59pm
Presentation: Weeks 12 and 13
1 - 7
4Final examination40%Semester 1 examination period:
10 - 24 June
1 - 5

Assessment items

ItemDescriptionSubmission procedure
#1 - Participation in seminar activitiesParticipation in seminar activities.In class
#2 - Individual assignmentRefer to LMS for topic and further instructions.Via LMS
#3 - Team project and presentation Students will form groups of 3 - 4 to complete this exercise.

Refer to LMS for a full, detailed description of the exercise.
Project: Via LMS
Presentation: In class
#4 - Final examinationThe final exam is 2 hours in duration.

Academic literacy and academic misconduct

The University of Western Australia takes very seriously the matter of academic misconduct by students and has policies in place that define misconduct (including plagiarism) and the penalties that apply. The consequences for misconduct can be severe, including exclusion from the University.

All students are expected to make themselves aware of the definitions and the policies relating to academic misconduct, found at the websites below, and with any additional requirements or stipulations that may be provided by individual coordinators www.governance.uwa.edu.au/procedures/policies/policies-and-procedures?policy=UP07%2F21

Appeals against academic assessment

The full regulations governing appeals procedures are available in the University Handbook at http://rules.handbooks.uwa.edu.au/rules/student_rules/

Penalty for late submission

A penalty of 5 per cent of the total mark allocated for the assessment item is deducted per day for the first 7 days (including weekends and public holidays) after which the assigned work is not accepted. Each 24-hour block is recorded from the time the assignment is due.

 Penalty for exceeding word limit

Where an assignment exceeds the word limit, a penalty of 1 per cent of the total mark allocated for the assessment task applies for each 1 per cent in excess of the word limit.

Textbooks and resources

Recommended texts

Please ensure you have access to the following textbook which will be referred to throughout the course:

Hill, C, Hult, T, Wickramasekera, R, Liesch, P & MacKenzie, K 2017, Global Business Today (Asia Pacific Perspective) + Connect, 4th edn, McGraw-Hill, Sydney, Australia. ISBN 9781743766934.

Suggested alternate texts

Additional texts

Technical requirements

Software requirements

Additional resources and reading

Students may find the following journals to be useful to assist in their study:

•    International Business Review
•    Thunderbird International Business Review
•    Journal of International Business Studies
•    Journal of Business Research
•    Journal of World Business
•    Journal of International Management
•    The Journal of Comparative International Management
•    Journal of International Management studies
•    Academy of Management Journal
•    Asian Academy of Management
•    Harvard Business Review
•    The International Journal of Human Resource Management
•    Asia-Pacific Journal of Management
•    Business Horizons

Useful websites

IDEAS is a large bibliographic database dedicated to economics and finance research available freely on the Internet. Over 1,000,000 items of research can be browsed or searched, and over 900,000 can be downloaded in full text.

http://ideas.repec.org/

Google Scholar provides a search of scholarly literature across many disciplines and sources, including theses, books, abstracts and articles. However, not all content found in Scholar is free. When you find a non-free article, click the All x versions option, you might find free pre-published versions of the article.

http://scholar.google.com/Directory of Open Access Journals covers free, full text, quality controlled scientific and scholarly journals. They cover all subjects and languages. There are over 6000 free, full-text available journals in the directory.

http://www.doaj.org/

UN Data provides free data access to UN statistical databases through a single entry point. Users can search and download a variety of statistical resources of the UN system. Useful features include Country Profiles, Advanced Search and Glossaries. The numerous databases, tables and glossaries containing over 60 million data points cover a wide range of themes including Agriculture, Crime, Education, Employment, Energy, Environment, Health, HIV/AIDS, Human Development, Industry, Information and Communication Technology, National Accounts, Population, Refugees, Tourism, Trade, as well as the Millennium Development Goals indicators.

http://data.un.org/

The World Bank's Open Data Initiative is providing free access to its comprehensive set of data on living standards around the globe - some 2,000 indicators, including hundreds that go back 50 years.Databases include: World Development Indicators (WDI), Global Development Finance (GDF) and African Development Indicators (ADI).

http://data.worldbank.org/data-catalog

The Asian Development Bank (ADB) is a major driver of economic development throughout the Asia-Pacific region – especially of large-scale infrastructure projects.

http://www.adb.org/default.asp

The World Bank regularly monitors and reports on many aspects of development in its client countries through diagnostic tools such as poverty assessments, public expenditure reviews, country financial accountability assessments and institutional and governance reviews. In the context of country level environmental analytic work, in the past, an array of tools has been used by different Regions at the Bank to facilitate integration of environmental issues into policy dialogue with client countries.

http://info.worldbank.org/etools/wti/1a.asp?regionID=r1&periodID=16&vr=Rank&h_country=Select%20Country#

The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

http://www.imf.org/external/index.htm

The role of the Australian Government’s Department of Foreign Affairs and Trade is to provide foreign and trade policy advice to the government. The Department produces country analyses to further this work.

Department of Foreign Affairs and Trade countries & regions section

http://www.dfat.gov.au/geo/

Transparency International is a global network including more than 90 locally established national chapters and chapters-in-formation. Transparency International publishes an annual corruptions index. http://www.transparency.org/

European Union

http://europa.eu/index_en.htm

NAFTA (North American Free Trade Agreement)

http://www.ustr.gov/trade-agreements/free-trade-agreements/north-american-free-trade-agreement-nafta

Other important information

Standard of assessment

The Business School must ensure that the processes of assessment are fair and are designed to maintain the standards of the School and its students. The School follows the UWA marks and grades distribution:

Higher distinction

(HD)

80-100%

Distinction

(D)

70-79%

Credit pass

(CR)

60-69%

Pass

(P)

50-59%

Fail

(N+)

45-49%

Fail

(N)

0-44%

Failed component

(FC)

 

 

The scaling of marks to ensure comparability between classes is an acceptable academic practice. The School and Board of Examiners have the right to scale marks where it is considered necessary to maintain consistency and fairness.

Quality assurance

Your assessed work may also be used for quality assurance purposes, such as to assess the level of achievement of learning outcomes as required for accreditation and audit purposes. The findings may be used to inform changes aimed at improving the quality of Business School programs. All material used for such processes will be treated as confidential, and the outcome will not affect your grade for the unit.

Approved calculators for examinations

The University permits only the use of calculators in examinations when the calculator has an approved sticker and the examiner permits their use.  If the student does not have an approved sticker on their calculator, they will not be permitted to use the calculator.  Calculators can be approved at the Undergraduate Student Centre, the Postgraduate Student Centre or at Student Administration.  Further information is available on the Business School website at www.business.uwa.edu.au/students/assessments

Special consideration/alternative arrangements

If you are unable to attend a class, tutorial or examination due to circumstances beyond your control and are seeking an extension for submission of an assignment or a deferred exam, please read valid reasons for special consideration at www.student.uwa.edu.au/life/health/uniaccess/special-consideration, complete the application form and submit at the Student Centre.
PLEASE NOTE that deferred exams are not available in Summer School units.

Acknowledging Sources of Information and the Business School Policy on Plagiarism

Student Services provides an online plagiarism portal that includes a definition of plagiarism and a link to FAQ www.studentservices.uwa.edu.au/ss/learning/online_services/plagiarism_portal

‘Turnitin' Originality Checking & Plagiarism Prevention is used in the Faculty to allow both educators and their students check written work for improper citation or misappropriated content. More information about 'Turnitin' can be found at http://turnitin.com/static/index.html

eBooks and open book exams

eBooks cannot be accessed at an examination. Please check your exam details and purchase a printed version of any book you would select to take into an open book exam.

Referencing

It is important that the referencing of any sources used in your written work is done properly, if only to substantiate the points you are making in your assignment or project.  The Harvard style is the preferred and there are some notes for guidance which have been prepared by the library staff:  ‘Citing your Sources Harvard Style’ http://libguides.library.uwa.edu.au/harvard

The EndNote software package is a really good system for building up a database of references.  Not everyone will want to invest the time in using this system but you should consider it if you intend to build up resource materials or plan to undertake extensive research in a particular area.  The library staff have also developed a tutoring package: ‘A Quick Guide to Using EndNote’ which provides the basics for using EndNote with an essay http://libguides.library.uwa.edu.au/endnote

Last day to add a unit offered in a semester

The final date to add a unit is the end of week 2 of the semester.  For further information on important dates for 2017, refer to www.student.uwa.edu.au/course/dates/important

STUDYSmarter

STUDYSmarter helps students get more out of their study by equipping you with additional skills needed at university. Explore the range of free on-campus and online services to help you develop academic communication, research, critical analysis, numeracy and study skills. http://www.student.uwa.edu.au/learning/studysmarter