Level 5 Diploma in Management (890)

Diploma in Management (890)
–

International Business Management


Level 5
Diploma in Management (890)


Unit
:

International Business Management


Exam Paper No.:

4

Guided
Learning Hours:
1
2
0


Number of Credits
:

1
2



Prerequisites:

Office administrative knowledge.


Corequisites:

A pass or higher in Certificate in
Bu
siness Studies or equivalence.

Aim:
The course focus
es

on the essence and methodological principles of international management,
strategy of international economic activity in the world and organisation and management of
international economic activity at

the enterprise level. Management of international economic activity
in the conditions of crisis situations. Strategies of penetrating the foreign markets. Management of
international trade agreements of the enterprise. Candidates will focus mainly on inte
rnational business
strategies and the process, difficulties, and opportunities of management across borders through
Mergers and Acquisitions (M&A). Other topics include sociocultural, legal and political environment;
international monetary and financial sy
stems; international trade; foreign direct and portfolio
investments; the management of international marketing, financial, production and personnel functions.

Required Materials:

Recommended Learning
Resources.

Supplementary Materials:

Lecture notes and

tutor extra reading recommendations.

Special Requirements:
The course requires a combination of lectures, demonstrations and
discussions.

Intended Learning Outcomes:

1

Outline commercial transactions (private
and governmental, sales, investments, logis
tics
and transportation) that take place between two or
more regions, countries and nations beyond their
political boundary.











2

Understand the impact of the various
dimensions of a country’s the legal, technological,
and political dimensions envir
onment on the
management of a firm’s international business
.











3

Highlight some of the cultural
differences among countries and explains how
understanding those differences is valuable for
international businesspeople
.




Assessment Criteria:

1.1

Describe the differences between


international business and domestic

1.2

Outline the activities of international


business

1.3

Analyse the political,

technological,


market, cost and competitive forces of


globalisation

1.4

Compare economic activities of the triad


vs the quad countries

1.5

Describe (i) International Trade (ii)


Foreign Direct

Investment (FDI) (iii)


Foreign Sourcing

1.6

Outline international trade and


investment theories


2.1

Explain (i) common law (ii) civil law


(iii) religious law (iv) bureaucratic law

2.2

Describe laws affecting

international


business transactions

2.3

Outline technological environment


resources

2.4

Describe ownership, operating and


transfer risks associated with


international business

2.5

Explain com
munism, capitalism,


socialism ideologies

2.6

Compare and contrast public vs private


international law


3.1

Analyse the elements of culture

3.2

Outline the theories of culture

3.3

Analyse the components of culture

3.4

Describ
e international business ethics


and social responsibilities

3.5

Explain corporate social responsibility


and the areas of social responsibility

Diploma in Management (890)
–

International Business Management






4

Outline the effects

of international trade,
financing and investments, and the related cash
and credit transactions and how each has grown at
an extremely rapid pace in recent years.











5

Understand how the private sector and
government policymakers weigh benefits and

costs of trade policy options, and how to boost
competitiveness.















6

Demonstrate how to become more
competitive and play a leading role globally, why
countries need a strong and coherent international
science and technology (S&T) policy
.









7

Understand how International Strategic
Management is an ongoing management planning
process aimed at developing strategies to allow an
organisation to expand abroad and compete
internationally.








3.6

Analyse the international institutions


responsible for peace,

global


international trade and economic and


political integration


4.1

Describe the international monetary


system and the balance of payments

4.2

Be able to convert the international


monetary

system

4.3

Be able to analyse the natural resources


and environmental sustainability

4.4

Explain direct and indirect exchange


rates

4.5

Describe the role of banks

4.6

Describe economic and socio economic


for
ces

4.7

Analyse influences on a country’s

†††† †††
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5.1

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gov敲nm敮琠楮瑥tv敮瑩tn

5.2

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†††† ††
d敶敬epmen琠trogr慭s, indus瑲楡氠

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po汩捩
敳⁡nd pub汩挠捨o楣攠慮慬ysis

5.3

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†††† †††
慮d 數por琠t楮an捩cg 慳aways of

†††† †††
promo瑩tg 楮瑥tn慴楯n慬a瑲慤e

5.4

䅮慬ys攠fin慮捩慬cissu敳⁩n int敲n慴楯n慬a

†††† †††
tr慤e

5.5

B攠慢汥l瑯 d敭ons
瑲慴攠瑲慮s慣瑩tn,

†††† †††
tr慮s污瑩ln and 散onom楣ifor敩en
-

†††† †††
數捨慮g攠exposur敳

5.6

䑥獣a楢攠捯n瑲o汬慢汥l慮d uncon瑲o汬慢汥l

†††† †††
f楮慮捩慬cfor捥s

5.7

䑥獣a楢攠污lour mob楬楴y and

†††† †††
業migr慴楯n 楳su敳


6.1

䑥
s捲楢攠瑨攠ro汥lof 䝥d敲慬a䅧r敥men琠

†††† †††
on Tar楦fs and Tr慤攠(䝁TT)

6.2

䑥獣a楢攠瑨攠go慬s of tor汤 Tr慤攠

†††† †††
lrg慮楳a瑩tn (tT伩

6.3

䅮慬ys攠th攠d敧r敥 of 散onom楣i

†††† †††
楮瑥tr慴楯n 楮 fr敥 瑲慤攠慲敡, 捵s瑯ms

††††
††
un楯n, 捯mmon m慲k整e 散onom楣iun楯n

†††† †††
慮d po汩瑩捡氠ln楯n

6.4

䑥獣a楢攠burop敡n 啮楯n 慮d o瑨敲

†††† †††
tr慤楮g b汯捳


7.1

䅮慬ys攠f慣瑯rs 慦f散瑩ng 楮瑥tn慴楯n慬a

†††† †††
s瑲慴敧楣imanagem敮t

7.2

bxp污楮 in瑥tna瑩tn慬abu
siness’ sources

†††† †††
of 捯mp整楴楶攠慤van瑡te

7.3

䑥獣a楢攠d楳瑩t捴楶攠捯mp整en捥, s捯p攠

†††† †††
of op敲慴楯ns, r敳eur捥 d数汯ymen琠tnd

†††† †††
syn敲gy 捯mpon敮瑳 of 楮瑥tn慴楯n慬a

†††† †††
s瑲慴敧y

7.4

Comp慲攠s瑲慴敧y for
mu污瑩ln vs s瑲慴agy

†††† †††
業p汥men瑡瑩tn

7.5

䅮慬ys攠th攠捯rpor慴攬 bus楮敳s 慮d

†††† †††
fun捴楯n慬as瑲慴敧y 汥v敬e

Diploma in Management (890)
–

International Business Management










8

Outline firm
-
level marketing practices
including market identification and targeting,
entry mode selection, marketing mix, strategic
decisions to compete in international markets and
how international firms manage the control
function.







9

Understand the managerial decisions
making and how
to motivate employees in
international business.


7.6

Describe the factors in assessing new


market opportunities

7.7

Compare and contrast market screening



vs environmental scanning ways of


assessing and analysing markets

7.8

Outline international strategic alliances

7.9

Describe export and import practices and


reasons for exporting/importing


8.1

Demonstrate a

marketing strategy

8.2

Analyse marketing mix decisions

8.3

Describe global markets

8.4

Analyse the factors affecting


organisational design

8.5

Describe customer, matrix, product, area


and functional organisational design

8.
6

Describe strategic, organisational and


operations control functions

8.7

Analyse the components of Total Quality


Management (TQM)


9.1

Explain the dimensions influencing


behaviour factors

9.2

Describe the di
fferences between


leadership and management

9.3

Outline the International Human


Resource Management framework

Methods of Evaluation:
A 2½
-
hour written examination paper with five essay questions, each
carrying 20 marks. Ca
ndidates are required to answer all questions. Candidates also undertake
project/coursework in International Business Management with a weighting of 100%.


Recommended Learning Resources:

International Business Management




Text Books



International Ma
nagement: Cross
-
cultural Dimensions by Richard Mead. ISBN
-
10: 0631231773.



International Management: Managing Across Borders and Cultures by Helen
Deresky. ISBN
-
10: 0131968580



International Management by Richard Mead , Tim. G Andrews . ISBN
-
10:
140517
3998

Study
Manuals



BCE produced study packs

CD ROM



Power
-
point slides

Software



None