Study Guide

Objective

The student is able to
- distinguish between the competitive requirements in international business vs. domestic business
- define different business models in international business
- describe various business strategies when entering and operating in international business
- understand the requirements for marketing in the international business environment
- acquire the needed information for doing business in the EU.

Materials

1. John Daniels, Lee Radebaugh, and Daniel Sullivan. International Business: Environments and Operations, 13/e. Copywrite @ 2011 Pearson Education, Inc. publishing as Prentice Hall
2. Griffin - Pustay. International Business, Sixth Edition. Prentice Hall
3. Alan M. Rugman & Simon Collinson. International Business. @ Pearson Education Limited 2009,. Prentice Hall

Teaching methods

A combination of lectures, case discussions, team work, and presentations

Exam schedules

To be announced later

International connections

Experiential learning, inquiry-based, case studies, collaborative, reflective, constructivism, and integrative

Student workload

135 hrs
• First group assignments (30h)
• Second group assignments (30)
• studying the recommended literatures (42h)
• final group project work (33h)

Content scheduling

Global business has been growing rapidly due to technological expansion, liberalization of governmental policies on international trade and resource movements, more democratic governance, development of institutions needed to support and facilitate international transactions, and increased global competition. Having a global mindset is considered an asset in order to meet the needs of clients that are moving to foreign markets; and order to achieve this global fit, international knowledge is a requirement.
- after taking this course the students will gain competence in reviewing and analyzing international business cases
- gain greater skills dealing with real-life cases and gain immense understanding of international business operations and management

Further information

For more information contact:
Email: Otieno.Mbare@turkuamk.fi
Tel. +358 40 355 0175
Room (??)

Evaluation scale

H-5

Assessment methods and criteria

The grading system is between 1 - 5 where:
1 = Mediocre, 2 = Satisfactory, 3 = Good, 4 = Very good, 5 = Excellent

Active participation, 20%
1 individual assignment 10%
1 group assignments, 30%
Final group assignment, 50%

Assessment criteria, fail (0)

- Quantity: the work is not completed and or;
- Quality: the minimum content requirements are not met

Assessment criteria, satisfactory (1-2)

Acceptable, but below average / Satisfactory:
- Research, thinking and communication are hardly acceptable
- Appear to grasp theory and have made a start in showing its applicability

Assessment criteria, good (3-4)

Good understanding of key International business theories, and able to demonstrate how to apply theoretical knowledge into the case studies/assignments. The student demonstrates good ability to gather and interpret relevant data to inform judgments that include reflection about what is asked for the assignments. The student is able to communicate his/her ideas to others. Important parts of the text are clear and well written.

Assessment criteria, excellent (5)

Excellent understanding of key International business theories, and able to demonstrate, apply theoretical knowledge into practice with valuable findings. The student ability to gather and interpret relevant data is consistent throughout the course duration. The student is able to communicate clearly his/her ideas to others in a professional way. Most of the text is clear and well written.