HI5014 International Business across Borders

FACULTY OF HIGHER EDUCATION

Holmes Institute Faculty of Higher Education offers business, creativity and ICT courses that combine disciplinebased excellence with practical application. The faculty operates on campuses in Melbourne, Sydney, Brisbane, the Gold Coast and Hong Kong.

The faculty offers a Bachelor of Business, Bachelor of Professional Accounting, Bachelor of Fashion Business, Bachelor of Information Systems, Graduate Diploma in Business, Master of Business Administration and a Master of Professional Accounting. Details about the members of the faculty can be found on the homepage of the Faculty of Higher Education at www.holmes.edu.au/pages/schools-and-faculties.

HOLMES INSTITUTE DEGREE PROGRAMS

At Holmes Institute, the degree programs offer domestic and international students the opportunity to study a set of contemporary units in the field of business, creativity and ICT. These units prepare students for the challenges in business environments of the 21st century. These programs emphasise the global and cross-cultural dimensions of business. Teaching utilises a combination of delivery methods and includes critical analysis and case study methods. A combination of exams, case studies and company analysis are used in assessment.

The degree programs of Holmes Institute focus on the following:

  • Critical and Creative Thinking
  • Communication
  • Cooperation and Teamwork
  • Digital Literacy
  • International Perspective
  • Knowledge and Lifelong Learning
  • Social Responsibility and Community Engagement

UNIT OVERVIEW & RATIONALE

Welcome from the Unit Coordinator, Professor Matthias Muskat:

Welcome to HI5014 International Business across Borders. In this course, students will be introduced to a variety of aspects of International Business. Globalisation and growing International Trade amongst many different countries have brought many new challenges and opportunities for many new economies and established economies. This subject hopes to bring these new ways of doing business and new questions in the minds of international business leaders and bring lot of discussion and some probable answers to these questions. The main objective of this subject is to prepare students, learners and managers how to deal with forces affecting international businesses and how to expand successfully in many international markets.

UNIT OBJECTIVES & LEARNING OUTCOMES

On completing this unit the students will have

  1. An understanding of the role of economic analysis within international business contexts;
  2. An appreciation of the economic underpinnings of business strategy in international settings;
  3. An understanding of how various models of competitive analysis can be used to assess strategic behaviour in international business;
  4. An understanding of how to formulate and respond to different competitive scenarios at both the firm and industry level related to international business.
  5. An understanding of the impact of globalization on managers and organizations;
  6. An understanding of major entry and exit strategies of international business;
  7. An understanding of the social, political, economic, technological and cultural forces that influence decision-making in international business.

Learning Outcomes:

Learning Outcomes

Item Number

1. An understanding of the impact of globalization on managers and organizations

1 and 7

2. An understanding of national differences in political and culture areas

7

3. An understanding of international business theory and Foreign direct investment

2 to 6

4. An understanding of major entry and exit strategies of international business and

Foreign exchange market and International monetary system

3 and 7

5. An understanding of Global operations, supply chain management and Human resource management

1 to 7

UNIT ADMINISTRATION

Awards

Duration

Core/Elective

Unit weight

BBus, BPA, BIS

1 semester

General Elective

3 credit points

Mode of delivery

On campus

Prerequisites

Nil

Workload

Students are expected to attend all classes

Delivery

A weekly three hour class including two hrs lecture and one hr tutorial

Independent study

2 to 4 hrs per week

Students please note:

Holmes Institute provides each student with a Holmes webmail. Faculty and Administrative staff can only communicate with you using your Holmes Institute mail address. Emails from private and/or business email accounts cannot be used and may not be answered.

STUDENT ASSESSMENT OVERVIEW

ASSESSMENT TYPE

DUE DATE

WEIGHT

LENGTH

LEARNING OUTCOMES

Research Paper 1

Week 6

25%

Maximum of 10 pages; 15 minutes presentation

1, 2, 3, 4

Research Paper 2

Week 10

25%

Maximum of 10 pages; 15 minutes presentation

5, 6, 7

Final Exam (Closed Book Exam)

Exam week

50%

2 hours and 10 minutes

1 to 7

Business Presentations

You are expected to arrive for any presentation ahead of time. If you are late for your presentation, you may not be eligible to present and may not receive any marks. Where a business presentation involves a group, it is expected that all group members are present. Unless your lecturer advises otherwise, students are expected to dress in business attire.

Class Tests

For units for which a class test is part of the assessments, you need to follow the instructions by your lecturer to confirm any material allowed in the class test. You also need to follow any relevant announcement on Blackboard that confirm the date/time and venue of the class test. Please note that for some units the test may be held online. Where applicable, your lecturer will provide you with further details.

Final Examinations

Each trimester concludes with the final examinations that are held during a designated examination period. You are expected to be present for the final examinations, which are held during Examination Week, the exact dates/times and venues are announced via your Blackboard. For each unit you will be allocated a designated seat in one of the examination venues. Your examination venue and seat will be confirmed by the end the teaching period of each trimester via your Blackboard.

STUDENT ASSESSMENT DETAILS

1. Research Paper 1: Assessment criteria

ASSESSMENT

Weighting:

Length/Limit:

25%

Maximum of 10 pages; 15 minutes

presentation

1

Group assignment. DUE WEEK 6

This assignment’s purpose is to perform a country analysis and assessment of a new emerging market where rapid GDP growth has created attractive investment opportunities.

There are two inter-related components of this assignment:

  1. Presentation
  2. Business Report

You will form groups of 4 to 5 students (depending upon the size of the class)

Each group will be required to pick one of the following countries and perform an assessment of its potential and opportunity for Foreign Direct Investment (FDI).

Countries: China, India, Russia, Thailand, Indonesia, Turkey, Nigeria, Mexico, Eastern European countries, etc. Choose your country for this assignment with the consultation of your lecturer.

Your report must address the following key areas:

  • General overview of the country or region
  • Political, Economic, Socio-cultural and Technological influences/benefits/ advantages
  • National resource and factor endowments that create competitive advantage
  • Foreign currency and exchange influences
  • The countries existing trade policies, systems, barriers and incentives
  • Existing levels of Foreign Direct Investment
  • Summary and recommendation based on your assessment

You will present the findings of your research topic along with written report in Week 6 Class.

You will need to cite material from academic texts or articles or official sources, e.g. government reports, and the final report

MUST BE WRITTEN IN YOUR OWN WORDS.

All reports must contain in-text citation and an accurate and complete set of references at the end of the paper.

Your report and presentation will be assessed as follows:

Group Presentation

Report structure, written presentation

Executive Summary

Knowledge of concepts and course material

Investigative and research skills shown

Overall impression of excellence

Written

Oral

15

10

TOTAL

25

2. Research Paper 2: Assessment criteria

Length/Limit: Maximum of 10 pages; 15 minutes presentation

3. Final Examination Assessment criteria

ASSESSMENT

Weighting:

50%

3

Length:

2 hours and 10 minutes

The final examination will be drawn from the material presented in lectures. More detail will be provided during the trimester.

The exam is scheduled during the regular examination period.

THIS IS A CLOSED BOOK EXAM

TOTAL

50

UNIT MATERIALS AND RESOURCES

Prescribed Textbook (compulsory)

Ball, D. et al. (2013) International Business: The Challenge of Global Competition, 13th ed., McGraw-Hill Irwin, New York. ISBN-13: 9780073381404

Reference Books:

Cavusgil, S. T. et al. (2014) International Business: The New Realities, Pearson Education, Sydney.

ISBN: 9781442533561

Hill, W.H. & Hult, G.T. (2016) International Business, Competing In Global Marketplace, McGraw Hill Education, New York, ISBN: 9781259578113

Griffin, R.W. & Pustay, M. W. (2014) International Business, A Managerial Perspective, Addison-Wesley, Reading, Mass. ISBN: 9781292018218

Other References:

Archibugi, D. and Iammarino, S. (2002) The globalization of technological innovation: definition and evidence, Review of International Political Economy, 9.

Czinkota, M. and Ronkainen, I. (2001) Best practices in international business, Harcourt College Publishers, Fort Worth.

Fagerberg, J. (1994) Technology and International Differences in Growth Rates, Journal of Economic Literature, 32.

Gupta, A.K., Govindarajan, V., Wang, H. (2008) The Quest for Global Dominance: Transforming Global Presence into Global Competitive Advantage, 2nd ed., Jossey-Bass, San Francisco.

Please note that additional recommended readings may be supplied by the lecturer via Blackboard.

UNIT SYLLABUS

Week

Topic

1

Introduction and overview of globalization

2

National differences in political-economy and culture

3

International business theory

4

Foreign direct investment and regional economic integration

5

Foreign exchange market and international monetary system

6

International competitive strategy

Research Paper 1 with presentation DUE

7

Organisational design and control

8

Entry modes, export and import practises

9

International marketing research and marketing

10

Global operations and supply chain management

Research Paper 2 with presentation DUE

11

Human resources management

12

Review Lecture

Note: Students must consult the Academic Calendar (last page of this unit outline) for the dates of the Study and Examination Week in the trimester.

STUDENT ASSESSMENT SUBMISSION AND LATE PENALTIES

To be eligible to pass this unit, you must complete all forms of assessment and demonstrate achievement of the learning outcomes. All assignments must be submitted electronically ONLY using a word processor, uploaded to Blackboard via the Final Check and Submission of SafeAssign.

Submission deadlines are strictly enforced and a late submission incurs penalties of 5 (five) % of the assessment value per calendar day unless an extension and/or special consideration has been granted by the lecturer prior to the assessment deadline. Unless an extension and/or special consideration has been granted, no assessments are accepted after 14 calendar days of the due date, or the end of the trimester for assessments due later in a trimester. Students need to allow up to 24 hours for the Final Check of their assignment submission to SafeAssign to be available.

VIEWING STUDENT GRADES AND ASSESSMENTS

Results, including the final grade, can be viewed via the Grade Centre on Blackboard. Results for all assessments are usually published within two weeks of the due date of the assessment, and the final examination respectively. Students who wish to appeal their mark for any assessment are advised to do so within 14 days of the publication of results (please follow the procedures outlined in the Student Handbook).

Please note that students are eligible to view any of their assessments. For continuous assessments during the teaching period, students need to contact their lecturer immediately after the publication of results. For viewing of the final examination script, students need to complete the respective form (available on your Blackboard) and pay the applicable administrative fee. The form needs to be submitted within 14 days of the publication of the final/overall results. Please note that there is no review/remark option available for any student assessments.

ACADEMIC MISCONDUCT AND PLAGIARISM

Holmes Institute views any forms of academic misconduct as most serious offences. Academic misconduct in any form, including plagiarism, contract cheating and cheating in a class test or examination, is not tolerated and will be dealt with according to the policies and procedures set out in the Holmes Institute Student Handbook.

Plagiarism occurs when one uses another person’s ideas or manner of expressing them and passes them off as one’s own work by failing to give appropriate acknowledgement (that is, referencing the source). It is important that student reference their work appropriately. The Faculty of Higher Education at Holmes Institute uses the Harvard style of referencing. A detailed guide to referencing can be found in the Student Handbook and Resource Centres. It is expected that you will be familiar with the Harvard style of referencing.

* This grade is sometimes referred to as a conceded pass at other institutions

Explanation of Letter Grade

HD Outstanding work which exhibits sophisticated understanding and critical synthesis, analysis and evaluation of the unit matter. While the work utilizes opinions of others, judgements about the value of the unit matter are made and drawn together in an organized whole. Gaps in the unit matter might also be identified and the implications discussed.

D Substantial work of high quality, which demonstrates a clear understanding of the unit matter, in which the relationship between the constituent elements are identified clearly and discussed with some level of critical analysis. The work also applies abstract ideas in concrete situations.

CR Sound and competent work, which demonstrates a reasonable but not complete grasp of the unit matter. The work utilizes recall and paraphrases the work of others concerning the unit matter. Some basic level of critical analysis is evident. Originality in the work is rarely evident.

P Work that demonstrates a satisfactory engagement with the unit matter such that the student is said to have a general understanding of the field. Provides an adequate basis for further study.

NN Did not meet the learning objective of the unit

USE OF BLACKBOARD

Holmes Institute uses Blackboard Learn as its online learning platform. All students enrolled have access to Blackboard and it is imperative that students log onto their Blackboard immediately after they enrol for the trimester. Blackboard Learn allows students to view and download their lecture material, grades, important announcements on their units and discussion rooms for selected units.

Please note that it is the student’s responsibility to check Blackboard on a regular basis. It is expected that students will have viewed lecture materials and additional readings before class. All students are advised to familiarize themselves with the use of Blackboard. Guides to Blackboard are available in the Resource Centre on each campus. Should you have difficulties accessing and/or using Blackboard, please contact your lecturer or the Holmes Institute Blackboard Helpdesk on: bbhelpdesk@holmes.edu.au.

USE OF RESOURCE CENTER AND PROQUEST

As part of their degree studies, students are expected to engage in additional research. Textbooks and teaching materials available in the Resource Centre will be of use here. In addition, current students have access to a range of electronic academic journals via ProQuest, which is accessible once you log into Blackboard. Holmes Institute also supports students using Google Scholar.

Should you require any assistance with the use of ProQuest and/or online research, please contact your lecturer and/or the Resource Centre staff on your campus.

STUDY SKILLS & ACADEMIC SUPPORT

Students who have difficulties with their studies and/or specific forms of assessment are encouraged to contact their lecturer/tutor, academic mentor or the Student Engagement and Support Coordinator.

Holmes Institute offers regular Academic and Study Skills Workshops throughout the semester, which are useful addressing important academic skills and are free for any student to attend. Students with insufficient academic progress may be required to attend these workshops and sessions with the Academic Progress Team.

Academic and Study Skills Workshops are offered throughout the trimester for essay writing, doing research using ProQuest, giving business presentations, referencing and examination preparations. Announcements are made on your Blackboard and on noticeboards on campus.

FREQUENTLY ASKED QUESTIONS - FAQs

Do I need to obtain 50% in each assessment to pass a unit?

NO, in order to pass any unit, you need to meet two requirements, namely achieve an overall mark of 50 or more AND obtain at least 40% of possible marks in the final examination or a major assessment (hurdle or threshold requirement).

I missed an assessment for a unit, do I now fail the unit?

Whilst Holmes Institute requires that you attempt all pieces of assessments prescribed for any unit, there may be circumstances, where you can still pass a unit even if you have missed an assessment. When you miss a class test due to medical reasons and you submit a Special Consideration Form within three working days, for example, you may be eligible to have the weight of the class test added to the final examination. Please see the Student Handbook for details.

Can I view my assessments?

As a student, you are entitled to view any of your assessments, that is any assignment but also the class test for any unit, and upon request/application also the final examination script. Please see the Student Handbook for details.

Where can I see my marks and grades?

The results for your assessments other than the final examination will be available via the Grade Centre on your Blackboard. The final examination and overall result with be available via LUNA. Please ensure that you familiarise yourself with the letter grades, especially for the temporary grades of NS (supplementary examination awarded) and ND (deferred examination), which can be found earlier in this unit outline.

I got a final result of 52/NS. Have I passed the unit?

NO, as the letter grade NS (supplementary examination awarded) indicates, you have not passed the unit, but you have been awarded the opportunity to pass the unit if you successfully pass the supplementary examination. Please familiarize yourself with the Supplementary Examination Policy in the Student Handbook.

When do I need to attempt a NS/supplementary or ND/deferred examination?

If you have been awarded a supplementary (NS) or deferred (ND) examination, you are required to sit the examination during the next examination period for these examinations, which is usually different from the final examination period at the end of the teaching period each trimester.

I missed to sit for a NS/supplementary or ND/deferred examination, do I have to repeat the unit?

YES, if you do not attempt any supplementary or deferred examination during the designated examination period, you will receive a Fail/NN or NX grade and you have to repeat the unit.

I have a question about the unit material and/or assessments, who do I contact?

For any questions related to any unit you study, the first point of contact is always your lecturer. The information on your lecturer can be found in the unit information section on your Blackboard. Please ensure that you use your Holmes Webmail for any email correspondence with your lecturer.

I did not submit my assignment by the due date, can I still submit and receive marks?

If you submit your assignment after the due date, penalties of 5% of the weight of the assignment apply per day that you submit late. A maximum penalty of 50% applies. Your lecturer may not accept your assignment if you submit later than 14 days after the due date though and we advise that you need to contact your lecturer.

I am not a member of a group for my group assignment. What do I do, can I submit individually?

If you work submit a group assignment individually, you may be penalized and only receive 50% of the mark of your assignment. If you don’t have a group to work with, please urgently consult your lecturer.

I have problems with members in my group. What can I do, who do I contact?

Each group is required to manage its members and contributions. In exceptional circumstances, however, and where initial negotiation attempts of the group members were unsuccessful, you should contact your lecturer.

What is a prerequisite?

If a unit has a prescribed 'prerequisite unit/s', this means that you must have successfully completed that prerequisite unit/s before you study in the unit with the prerequisite. Please see the Handbook for details.

FAQ for Studying in Block Mode (BM)

What does ‘Studying in Block Mode’ mean to you as a student?

Units offered in Block Mode (BM) means that these units are delivered over a ‘compressed’ period of time; that is six instead of twelve weeks. BM units have the same 36 hours of face to face contact (lectures and tutorials) as units offered in normal mode, however, for these units students study six hours per week instead of three hours.

When are the classes for Block Mode (BM) units?

Units offered in Block Mode (BM) are delivered over two periods of time, as following:

  • Week 1 to Week 5 inclusive + Week 12
  • Week 6 to Week 11 inclusive

Please refer to the timetable for your campus and degree course that specifies which weeks the respective unit in Block Mode will be delivered. Please also note that your timetable will specify the actual days and dates of class for all BM units.

Are the assessments for units in Block Mode (BM) different?

No, units delivered in Block Mode (BM) are assessed in the same way as all other units; that is through a mixture of class tests, assessments, presentations, assignments and so on. Please note all BM units have a final exam that is held during final examination week. For grading and assessment weightings please refer to the unit outline for the respective unit.

Is it important to attend lectures when studying in Block Mode?

YES, absolutely. We recommend that you attend all classes for the unit delivered in Block Mode (BM). Please remember that for units in this delivery mode there are six hours of class scheduled over two days per week!

Is there a Census Date for a Block Mode class unit?

YES, Census Date – as the last day for students to enrol and change an existing enrolment – also applies to units offered in Block Mode.

When is my class test and final exam for my Block Mode unit?

As Block Mode units are delivered over a compressed period of time, please refer to your lecturer to confirm when your class tests will be. Final exams for all units, including block mode units, will be held in the final week of the trimester.

STUDENT ASSISTANCE

Studying at degree level, you may experience a number of difficulties and/or challenges. These might involve academic, personal and/or professional issues. At Holmes Institute, we have a range of people who can help you with various challenges. The following table identifies contact points should you require any support.

Although we may be able to help on the spot, please note that we can help best if you make an appointment. Please use your Holmes webmail to communicate with staff at the institute at all times.

SUPPORT REQUIRED

WHO TO CONTACT

Information for Current Students

Holmes Institute Student Handbook

Academic Probation / Mentoring

Academic Mentors, Dean

Accommodation

Holmes Institute Home Stay

Computers, Blackboard, Email

IT and Blackboard Help Desk emails:

ithelpdesk@holmes.edu.au; bbhelpdesk@holmes.edu.au

Disability Needs

Holmes Institute Campus Directors

Employment and Careers

Career Development Team

Enrolment

Higher Education Coordinator on Campus

Exams

Higher Education Coordinator on Campus

Financial Issues

Holmes Institute Campus Directors

Personal Issues

Dean, Student Engagement and Support Team, Campus Director

Proquest Database

Librarian on Campus

Study Skills

Student Engagement and Support Team

Visa Issues, COEs etc.

Higher Education Coordinator on Campus

This unit outline was prepared by the Course Development Team for the Undergraduate Programs, Faculty of Higher Education, Holmes Institute. It was correct at the time of publication. Change to the Unit Outline may occur at any time. However, the Faculty of Higher Education endeavours to inform the students accordingly. This publication is copyright. Apart from any fair dealing for the purpose of private study, research, criticism, or review as permitted under the Copyright Act, no part may be reproduced by any process or placed in computer memory without written permission. Enquires should be made to Holmes Institute Faculty of Higher Education. © Copyright 2018.

GLOSSARY OF DIRECTION WORDS FOR ASSESSMENT QUESTIONS

Analyse

Show the nature of something identifying the essential elements and how they are related.

Argue

Present the case for and/or against a particular proposition.

Compare

Identify the characteristics/qualities that resemble each other. Look for similarities but also differences.

Contrast

Emphasize differences between things, events, problems or qualities.

Criticise

Express your judgement about the truth of factors or views mentioned. Come to conclusions and discuss the positive points as well as possible limitations.

Define

Give clear and concise meanings of an item. Do not provide a detailed explanation but include limits of the definition and how the item defined differs from other items.

Describe

Recount, characterise, outline and relate in sequence.

Discuss

Examine, analyse and give reasons for and against. Be comprehensive in your answer and give details, usually to assess how satisfactory something is.

Evaluate

Carefully appraise in relation to some standard including advantages, limitations, the costs and benefits as appropriate; attempt to make a judgement.

Examine

Investigate critically, appraise a unit or matter in detail.

Explain

Clarify, interpret and elaborate on the material presented. Give reasons for differences of opinion or results, and try to analyse reasons behind it.

Illustrate

Use a concrete example, diagram or figure to explain or clarify a problem or issue.

Indicate

Identify and then focus attention so as to clarify.

Justify

Prove or give reasons for particular conclusions or decisions.

Outline

Present the main features or aspects showing main points and subordinate points. Do not include minor details and emphasize the classification of things.

Review

Examine a unit critically, analysing and commenting on important or controversial statements.

State

Present the main points in a brief and clear sequence. Do not give specific details or examples.

Summarise

Give the main points or facts in a condensed, concise form.

(Source: Adapted from Monash University, http://www.monash.edu.au/lls/llonline/quickrefs/29-direction-words.xml, accessed 14 February 2013)

Academic Calendar 2018

2018

Trimester 1

12 – 16 Mar 2018

Orientation Week (New Students only)

02 Mar 2018

Last date for fees payment (continuing students only)

19 Mar 2018

Trimester 1 Lectures begin

09 Apr 2018

Census Date*

09 June 2018

Trimester 1 Lectures end

10 – 14 June 2018

Study Week

15 – 24 June 2018

Examinations Week (exams may be held on all days of the weekend)

24 June 2018

Trimester 1 ends

09 July 2018

Publication of results

24 June – 16 July 2018

Holidays

2018

Trimester 2

16 – 20 July 2018

Orientation Week (New Students only)

06 July 2018

Last date for fees payment (continuing students only)

23 July 2018

Trimester 2 Lectures begin

13 Aug 2018

Census Date*

13 Oct 2018

Trimester 2 Lectures end

14 – 18 Oct 2018

Study Week

19 – 28 Oct 2018

Examinations Week (exams may be held on all days of the weekend)

28 Oct 2018

Trimester 2 ends

12 Nov 2018

Publication of results

28 Oct – 12 Nov 2018

Holidays

2018/9

Trimester 3

02 Nov 2018

Last date for fees payment (continuing students only)

12 Nov 2018

Trimester 3 Lectures begin

05 Dec 2018

Census Date*

23 Dec 2018 – 4 Jan 2019

Lecture Recess

07 Jan 2019

Trimester 3 resumes

16 Feb 2019

Trimester 3 Lectures end

17 –22 Feb 2019

Study Week

23 Feb – 03 Mar 2019

Examinations Week (exams may be held on all days of the weekend)

18 Mar 2019

Publication of results