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BST 2413 International Business

BST 2413 International Business

Course code: 
BST 2413
Department: 
Communication and Culture
Credits: 
15
Course coordinator: 
Jing Wu
Course name in Norwegian: 
International Business
Product category: 
Bachelor
Portfolio: 
Bachelor - Programme Electives
Semester: 
2022 Autumn
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
English
Course type: 
One semester
Introduction

This course prepares students for working in an international business environment. The course addresses critical macro level factors in the environment and meso level factors in the organization that are fundamental for a manager to be competent in international business. This course will give students knowledge of the institutional, organizational and interpersonal factors and challenges that are critical to successful international business.

International Business is about firms engaging in cross-border economic activities or doing business abroad. International Business is an integrative perspective that draws on several functional areas of management including Strategy, Leadership, and Human Resource Management.

The course begins with an overview of the global business environment and introduces the international organization and key decisions managers have to face when going international. The environmental and organizational context will provide the backdrop for an in-depth analysis of culture and management. Special focus will be placed on the cross-cultural management, global leadership and international human resource management. Strategy and structure of the international business organization will also be discussed. Students will have the opportunity to develop their skill sets based on their knowledge of culture and management to be effective negotiators and team players. The course is built on a research-based foundation, and uses practical cases where different perspectives can be used to solve the cases, depending on the students’ academic backgrounds. 

Learning outcomes - Knowledge

The overall objective of this specialization is to provide students with knowledge of the international business environment and how to manage international and global companies, and culturally diverse employees.

After having completed the course, students should have acquired knowledge of central factors in international business - on the macro-, meso-, and micro-level. In particular they should have knowledge of the national differences in the international business environment, firms’ strategies for serving foreign markets and engaging in global competition, as well as culture's consequences for leadership, HRM, and negotiations.

Learning outcomes - Skills

The students will be able to apply core models and concepts to practical situations. They should develop skills in managing a diverse workforce as well as negotiating across cultures.

General Competence

The students should be able to reflect on the meaning of culture and culture's impact on people's expectations and perceptions of management. They should also be able to reflect on the effects of globalization (negative as well as positive) and to see how a changing world impacts business both at the macro and the micro levels.

Course content

The course content will be structured like below.

  • Introduction to globalizing business
  • Conceptualizing and understanding cultures
  • Intercultural communication and negotiation
  • Leading across or within cultures
  • Managing workforce diversity and global HRM
  • Firm competitiveness and international expansion
  • Globalization and global competition
  • Strategy and organization of global firms
  • Summary & integration
Teaching and learning activities

The course consists of 75 teaching hours and 15 hours for tutoring and administration of learning process. For the total 75 teaching hours, 2/3 of them (50 hours) will be delivered in a synchronous fashion; the remaining 1/3 (25 hours) are asynchronous, which includes recommended videos or readings as well as other asynchronous learning materials. 

The learning process emphasizes a mix of lectures, interactions and group activities, weekly assignments, student presentations, analysis of cases of business decisions and management challenges. Active participation and involvement in class is expected. Information regarding student evaluation will be provided in class.

Software tools
No specified computer-based tools are required.
Additional information

A re-sit is held at the next scheduled exam in the course.  

Qualifications

Two years of college education in economics and business administration, marketing or equivalent is required for taking the course.

Disclaimer

Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.

Required prerequisite knowledge

As a minimum the basic course in statistics MET 3431 Statistics or MET 2920 Statistics.

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
BST 24131
Grading scale:
ECTS
Grading rules:
Internal examiner with external supervisor
Resit:
Examination when next scheduled course
40No1 Semester(s)Group/Individual (1 - 3)Biweekly learning journal. Every other week, you write a report to reflect on (a) what learning activities you have participated in, (b) which part of the content you found particularly helpful or interesting, and (c) how the newly acquired knowledge have changed your views of international business or themselves.
Exam category:
Activity
Form of assessment:
Presentation and discussion
Exam code:
BST 24132
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination when next scheduled course
0No1 Semester(s)Group/Individual (1 - 3)"Carry-the-class" group assignment. There will be 3-4 cases for in-class discussion. For each case, two groups will be assigned to "carry the class" by leading the discussion and providing feedback for each other. The assigned groups need to be prepared in advance. Each group will take charge of the case study twice.
Exam category:
Activity
Form of assessment:
Presentation and discussion
Exam code:
BST 24133
Grading scale:
Pass/fail
Grading rules:
Internal examiner
Resit:
Examination when next scheduled course
0No1 Semester(s)Group/Individual (1 - 3)"Carry-the-class" group assignment. There will be 3-4 cases for in-class discussion. For each case, two groups will be assigned to "carry the class" by leading the discussion and providing feedback for each other. The assigned groups need to be prepared in advance. Each group will take charge of the case study twice.
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
BST24134
Grading scale:
ECTS
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
60No5 Hour(s)Individual Individual take-home exami (digitally)
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:40
Invigilation:No
Grouping (size):Group/Individual (1-3)
Duration:1 Semester(s)
Comment:Biweekly learning journal. Every other week, you write a report to reflect on (a) what learning activities you have participated in, (b) which part of the content you found particularly helpful or interesting, and (c) how the newly acquired knowledge have changed your views of international business or themselves.
Exam code:BST 24131
Grading scale:ECTS
Resit:Examination when next scheduled course
Exam category:Activity
Form of assessment:Presentation and discussion
Weight:0
Invigilation:No
Grouping (size):Group/Individual (1-3)
Duration:1 Semester(s)
Comment:"Carry-the-class" group assignment. There will be 3-4 cases for in-class discussion. For each case, two groups will be assigned to "carry the class" by leading the discussion and providing feedback for each other. The assigned groups need to be prepared in advance. Each group will take charge of the case study twice.
Exam code:BST 24132
Grading scale:Pass/fail
Resit:Examination when next scheduled course
Exam category:Activity
Form of assessment:Presentation and discussion
Weight:0
Invigilation:No
Grouping (size):Group/Individual (1-3)
Duration:1 Semester(s)
Comment:"Carry-the-class" group assignment. There will be 3-4 cases for in-class discussion. For each case, two groups will be assigned to "carry the class" by leading the discussion and providing feedback for each other. The assigned groups need to be prepared in advance. Each group will take charge of the case study twice.
Exam code:BST 24133
Grading scale:Pass/fail
Resit:Examination when next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:60
Invigilation:No
Grouping (size):Individual
Duration:5 Hour(s)
Comment:Individual take-home exami (digitally)
Exam code: BST24134
Grading scale:ECTS
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
All exams must be passed to get a grade in this course.
Total weight: 
100
Student workload
ActivityDurationComment
Teaching
75 Hour(s)
Student's own work with learning resources
150 Hour(s)
Group work / Assignments
130 Hour(s)
Examination
45 Hour(s)
Sum workload: 
400

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 15 ECTS credit corresponds to a workload of at least 400 hours.