Courses Firms and Business Environments

22038 Firms and Business Environments , 6 sp

Place
Vaasa
Type
Intermediate studies
Kind
Course
Teaching language
en
Course description

The aim of the course is to develop students’ understanding of firms, particularly multinational corporations (MNCs), and the business environments in which they operate. This course examines international business issues from management, organisation, and political economy perspectives. At the end of the course, students are expected to be able to describe key concepts and models related to international business and international management, as well as to be able to apply these concepts and models to critically analyse situations and develop solutions to problems related to international business.
The course can be taken as part of the study module in Corporate Responsibility.

Learning Goal

You have broad knowledge of central theories, concepts and models related to organization of multinational firms and business environments.

After completing the course, you will be able to
  • identify alternative modes of market entry into foreign markets
  • acknowledge the political and institutional forces driving and shaping business in different environments
  • detect different strategies of MNCs
  • describe cultural differences and their business and economic implications
  • identify ethical issues faced by MNCs
Additional Information

More detailed description of the course is available on the course page in Moodle.

International Learning Experience

The course discusses various types of multinational corporations and key differences between business environments in different countries.

Pre-requisites

Hanken course Företagsstrategi och entreprenörskap 1130 or equivalent basic knowledge in management and organisation.

Instruction

Lectures 24 h (includes in-class discussions), in-class group work presentations 8 h (mandatory participation), self-study 128 h

Total Student Workload

160 hours divided into 
Scheduled contact hours: 32 h
Non-scheduled work hours: 128

Recommended Time of Performance

Third year of Bachelor's studies

Assessment

Group assignment 50%
Individual student essays 30 %
Lecture and seminar attendance 20 %
At least 50 per cent (‘pass’) is required for all the elements of the assessment in order to pass the course. Please note that the points you receive for the sub-parts are valid only for one academic year.

  • Hill, C. (2010). International Business: Competing in the Global Marketplace. Boston: McGraw-Hill. (8th edition or later)
  • Lecture slides and other literature (scientfic articles) as specified by the instructor (see Moodle for details)

Students who have completed the earlier courses International Business/Firms and Business Environments (8 credits, course code 2253) cannot take this course.

Non-degree studies (Open University, JOO and Contract Studies)

Open university quota: 3
Quota for JOO-students: 3