International Business Environment

• • An introduction of international business
  • Globalisation and its implications for business
  • International trade theory
  • Regional economic integration
  • The political and legal environment
  • National differences in economic development
  • The cultural environment
  • The technological environment
  • The international flow of funds and exchange rates
  • Ethics, skills and competencies for IB professionals
  • Understanding emerging markets
  • Course review

In order to enrol in this subject, you must be accepted into one of the following degrees:

Core

• UAD-INB-DEG-2022

Additional requirements

• Equipment requirements - Headphones or speakers (required to listen to lectures and other media) Headset, including microphone (highly recommended) Webcam (may be required for participation in virtual classrooms and/or presentations).
• Software requirements - It is essential for students to have reliable internet access in order to participate in and complete your units. MyUni is the University of Adelaide's online learning environment. MyUni provides access to various features including announcements, course materials, discussion boards and assessments.
• Other requirements - You will have access to numerous resources in the library including scholarly journals and alternative contemporary texts on international business. You are encouraged to read widely and critically with a focus on recent work (less than 5 years old) in periodicals, refereed academic journals, and books. The Communication Skills Guide and The University of Adelaide Writing Centre are helpful resources for your academic writing and observance of the protocols and conventions of the Harvard referencing style.

This course explores the international business environment in which organisations operate. The course examines the structure and features of the international markets, how organisations engage with these markets, and how they respond to their complexities. Students are introduced to useful theoretical and analytical frameworks that are crucial to understanding the opportunities and risks derived from the political, economic, social, technological, and institutional environment of countries. The course also reviews aspects of global institutions, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF), which set global rules that profoundly affect business strategy and human welfare. Through this course, students are introduced to fundamental skills and competencies for further development towards an international business profession.

Mid-trimester Test - Related to Learning Outcomes 1,2,3,4 Team report - Related to Learning Outcomes 1,2,3,4 Team Presentation Final Assessment - Related to Learning Outcomes 1,2,3,4

• Mid-trimester Test (20%)
• Team Report (20%)
• Final Assessment (50%)
• Team Presentation (10%)

Current study term: 04 Sep 22 to 28 Oct 22