Examine the role of multinational corporations in less developed countries. Address tax evasion, people trafficking and the illegal goods trade.Question the social, economic and ecological sustainability of current international business practices.
Australia's largest dual-sector institute, offering both TAFE and higher education, RMIT University proudly delivers work-related education and practical research relevant to current business and community needs. More than 60,000 students study with RMIT, and many of their degrees are available through Open Universities Australia.
This course addresses the following program capabilities:
Demonstrate a critical understanding and mastery of the concepts, principles, theories, methods and contemporary practices of international business.
Demonstrate a reflective and critical awareness of the legal, ethical, social, economic and environmental implications of business operations, processes and decisions.
Apply technical, problem-solving and creative skills to provide contemporary international business perspectives and solutions to issues or problems in environments with high levels of complexity and uncertainty.
Conduct and manage business activities across borders, cultures and communities ethically and sustainably.
At completion of this course you will be able to:
Develop a critical and reflective understanding of contemporary international business and management issues and their evolution from a sustainability perspective
Appraise the complexities and ambiguities affecting the various stakeholders in international business and management
Demonstrate an understanding of the national, regional and international processes and institutions aiding or hindering international business within the globalised economy, and
Assess the various socio-political, ethical, regulatory and environmental issues affecting the operations of multinational corporations in the global marketplace.
There is a wide array of issues that influence, and are influenced by international business (IB) activities. These include socio-economic conditions, the natural environment, technological systems, political structures, and legal and regulatory frameworks.
Until very recently, the focus of IB activity and study was on profit generation through market growth by multinational corporations (MNCs). Recently, however, there has been growing interest in and critical engagement with other aspects of IB. There include: MNC's production activities in 'less developed countries' (LDCs); resource extraction and ecological degradation, tax avoidance and evasion; trade in illegal goods; people trafficking; and the international business of war.
The question, therefore, arises - how sustainable are IB activities in the face of these increasingly complex and intensifying challenges?
This degree is designed to provide students with knowledge and skills to understand and critique existing IB practices and to develop options for IB futures with a focus on social, economic and ecological sustainability.