21532 Applied International Business

Warning: The information on this page is indicative. The subject outline for a particular semester, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject level:

Undergraduate

Handbook description

This capstone subject applies knowledge gained from the study of prerequisite subjects to the examination of contemporary issues facing international business. Students develop skills in researching current issues and assessing how they affect multinational businesses. Students also develop an understanding of the complexity of international operations and how firms have responded to this complexity. The interrelated and multifaceted nature of challenges facing multinationals is stressed. Current organisational problems are used as a basis for discussion and teaching and students develop an appreciation of the evolving international environment and how it may affect corporations. Students also gain experience in written and oral presentations.

Subject objectives/outcomes

On successful completion of this subject students should be able to:

1. apply knowledge gained from studies in the International Business major to specific international business situations
2. understand the multidisciplinary and integrative nature of international business
3. analyse the managerial problems facing multinational business
4. demonstrate an ability to synthesise various fields and disciplines available to international managers in addressing problems related to multinational corporations
5. understand current thinking in relation to issues facing multinationals.

Contribution to course aims and graduate attributes

Applied International Business is a capstone subject in the International Business Major. It integrates the content of specialised subjects in the major in such a way as to develop the ability to analyse, research and propose possible solutions to international business problems. The subject expands the student's ability to understand and respond to the complexity of international business problems.

Teaching and learning strategies

The main teaching strategy of Applied International Business is the consideration and discussion of contemporary case studies. These are selected for their relevance to contemporary international management problems. Students must also complete a group integrative project which concentrates on the management challenges faced by an international firm. Students must also be familiar with key readings in the international business area.

Content

• The contest in international business relations
• Developing and implementing strategies
• Developing the international organisation
• Discussion of challenges facing multinational corporations

Assessment

Assessment Item 1: Team Research Report, Presentation and Seminar (Group)

Assessment Item 2: Reflection on the Major Assignment (Individual)

Assessment Item 3: Reflective/Research Journal (Individual)

Minimum requirements

Students enrolled in this subject must attend a minimum of 10 of the 13 scheduled classes to be eligible for a passing grade. The nature of the subject requires active participation and a contribution to the learning of fellow students.

To pass the subject, students need to achieve at least 50% of the total marks.

Required texts

There are no set texts for this subject.

References

Various databases and references will be consulted as appropriate.