Foundations of International Business

Unit code:BEO2009Study level:Undergraduate

Credit points

12
(Generally, 1 credit = 10 hours of classes and independent study.)

Location

City Campus

Prerequisites

(Or equivalent to be determined by unit coordinator)
Co-requisites
(Corequisite units must be studied concurrently with this unit)

Overview

Gain a broad understanding of the international business environment, with Foundations of International Business.

A strong grasp of the multi-faceted nature of international business in the world economy is essential to equip you with the business decision-making abilities required for this dynamic field.

This unit will introduce you to the economic, cultural, political and ethical environments of a firm’s international business operations.

You will critically review international business activities, using the concepts and theories of:

  • international trade
  • regulatory environment
  • investment and foreign exchange
  • organisational structure and corporate strategy.


You will work collaboratively, through industry-based case studies and active learning, to understand the challenges firms face regarding globalisation.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Articulate the main theoretical suppositions relating to the fundamentals of international business and the global economy;
  2. Conceptualise the trade, investment and political economy environment implications influencing international business operations;
  3. Review multidisciplinary knowledge and frameworks to critically analyse and interpret information for international business operations and market entry strategy decision-making; and,
  4. Articulate and present analytical findings and strategic recommendations in relation to international business operations of a firm.

Assessment

For Melbourne campuses

Assessment type: Test | Grade: 20%

In-class quiz on international business topics

Assessment type: Report | Grade: 40%

Research report (Group)

Assessment type: Test | Grade: 40%

Final in-class assessment on international business theories and strategies

Other locations

Assessment type: Test | Grade: 20%

In-class quiz on international business topics

Assessment type: Report | Grade: 40%

Research report (Group)

Assessment type: Examination | Grade: 40%

Final examination on international business

Required reading

Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.

International Business: Competing in the Global Marketplace ISE.
Hill, C. (2022). | McGraw Hill.

https://research.ebsco.com/linkprocessor/plink?id=5769623d-c2ed-3503-a7ec-d0578a81b536

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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