Introduction to International Business (5 cr)

Evaluation scale

H-5

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

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

No exam

Pedagogic approaches and sustainable development

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)

Evaluation methods and criteria

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

Active participation in lessons 20%
1 individual assignment 10%
3 group assignments 35%
Final group assignment 35%

Failed (0)

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

Assessment criteria, satisfactory (1-2)

The student recalls and understands the topics covered in the course (facts and concepts) but does not yet apply them extensively. The student follows instructions but does not generate independent solutions. The submitted assignments match the level generated by AI, and there is no presentation of personal reflection or insights. Text citations are missing, and content generated by AI or copied from elsewhere is presented as one's own writing.

Group report do present results but there is lack factual foundation, it is superficial and not well argued for. Structure, style and content of returned report is moderate.

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.

Group report include results which are well presented, are based on facts and are well argued for. Work shows critical thinking and source materials are well used. Good structure, style, and content of returned report.

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.

The student can apply and evaluate the topics of the course as well as their learning. The student's submitted assignment demonstrate their ability to generate their own solutions or insights into the task. The student performs well both independently and in a group, and they can utilize and apply field-specific knowledge in their studies.

Report is high quality content wise. Report contains all the given topics, fact based argumentation and adequate critique of the results presented. Results have a direct link to the theoretical content presented in the course literature and materials. Excellent structure, style, and content of returned report.

Further information

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