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Culture and International Business

  • Module code: BS5201
  • Year: 2018/9
  • Level: 5
  • Credits: 30
  • Pre-requisites: None
  • Co-requisites: None

Summary

This module initially examines international business environments and internationalisation strategies. The former includes the study of regional economic integration and institutions such as the World Trade Organisation and their implications for businesses. The latter covers internationalisation theories and concepts, and how firms could use them to formulate appropriate internationalisation strategies. The module then explores issues of culture and examines their relevance to international management. In addition, it will develop your skills of research, analysis, observation and communication in multicultural contexts. You will work in groups to apply theories and concepts learnt in the module to a real company.

Aims

  • To enable students to assess the trends in the international economic environment and the factors which influence the development of international trade and foreign direct investment
  • To provide some analytical frameworks for assessing the implications for international business decisions of developments in the international business environment and for formulating internationalisation strategies
  • To explore issues of culture and examine their relevance to international business as well as develop the skills of research, analysis, observation and communication in multicultural contexts.

Learning outcomes

On successful completion of the module, students will be able to:

  • Understand the major interpretations of culture, identity and ethnicity
  • Apply ethnographical approaches for interpreting culture in given contexts and analyse the ways in which the study of culture applies to international business
  • Develop cultural awareness and communication skills to be able to operate in different and/or mixed cultural contexts, teamwork situations and ethnographic research
  • Demonstrate an understanding of the key economic trends, policies and institutions in the international economy and analyse the factors influencing the development of international business
  • Assess the impacts of the international business environment on international business decisions of firms and apply analytical frameworks to assess internationalisation decisions of firms
  • Understand and appreciate the limitations of the theories of trade, foreign exchange markets and foreign direct investment

Curriculum content

  • Definitions of culture, identity and ethnicity
  • Stereotypes and generalisations
  • The meanings of cross-culture, intercultural and multiculturalism
  • Ethnography and ethnographic research
  • Issues of cross-cultural and intercultural communications
  • Culture and globalisation
  • The impacts of culture on multinational organisations
  • Culture and its implications for international management
  • Introduction to the main trends in the international economy
  • The theories of international trade and foreign direct investment
  • Frameworks for assessing country attractiveness and suitable foreign market entry modes
  • Different levels of economic integration
  • The role of the World Trade Organisation and other key international organisations
  • Foreign exchanges and financing international business
  • Ethical and social responsibility

Teaching and learning strategy

Scheduled teaching and learning will comprise tutor-led activities complemented by student-led activities and will include discussions, case analyses and group work. In addition to scheduled sessions, student learning will be supported through Canvas materials and tasks, and other media links. A major element of learning for this module will be via an independent field project through which students will have the opportunity to apply their ethnographic research skills on the subject of culture on an individual basis, and also as a member of a small project group. Students may also be required to undertake presentations of debates on specific current issues and presentations of findings on specific international business problems. Students may also be asked to apply their analytical skills to any international business problems which arise during the course.

Due to the experiential nature of the learning on this degree, and the importance of professional development enabling students to develop practical skills, learn from and interact with others, attendance is compulsory. Any students not attending a minimum of 80% of their timetabled sessions will be at risk of academic failure or termination from the course.

Breakdown of Teaching and Learning Hours

Definitive UNISTATS Category Indicative Description Hours
Scheduled learning and teaching A combination of lectures and tutorials 66
Guided independent study 234
Total (number of credits x 10) 300

Assessment strategy

Formative assessment will include verbal feedback in lectures and tutorials or via Canvas on given tasks, data and materials analysed, observed and discussed by students. Summative assessment will comprise the following:

  • Online tests, worth 20% of the module mark, to enable students to apply their analytical skills to current international business problems as they progress through the module
  • A group assignment, worth 30%. Typically, groups of four to five students will apply their ethnographic research skills in the case of a real organisation (in the region of 3,000 words maximum)
  • An individual examination, worth 50%, to allow students to demonstrate knowledge of intercultural communication theories and concepts and their impact on international business

Mapping of Learning Outcomes to Assessment Strategy (Indicative)

Learning Outcome Assessment Strategy
1) Understand the major interpretations of culture, identity and ethnicity. Online tests Group assignment Individual examination
2) Apply ethnographical approaches for interpreting culture in given contexts and analyse the ways in which the study of culture applies to international business. Online tests Group assignment Individual examination
3) Develop cultural awareness and communication skills for being able to operate in different and/or mixed cultural contexts, team-working and ethnographic research. Online tests Group assignment Individual examination
4) Demonstrate an understanding of the key economic trends, policies and institutions in the international economy and analyse the factors influencing the development of international business. Online tests Group assignment Individual examination
5) Assess the impacts of international business environment on international business decisions of firms and apply analytical frameworks to assess internationalisation decisions of firms. Online tests Group assignment Individual examination
6) Understand and appreciate the limitations of the theories of trade, foreign exchange markets and foreign direct investment. Online tests Group assignment Individual examination

Elements of Assessment

Description of Assessment Definitive UNISTATS Categories Percentage
Online tests Written Exam 1 20%
Group assignment Coursework 30%
Individual examination Written Exam 2 50%
Total (to equal 100%) 100%

Achieving a pass

It IS NOT a requirement that any element of assessment is passed separately in order to achieve an overall pass for the module.

Bibliography core texts

Ferraro, G. and Briody, E. The Cultural Dimensions of Global Business. Pearson.

Hill, C. W. L. Global Business Today. New York: McGraw-Hill.

Bibliography recommended reading

Boyacigiller, N. A. et al, 2003. Crossing Cultures. Routledge.

Dicken, P. Global Shift, London: Sage Publications.

Dunning, J. H. The Globalisation of Business. London: Routledge.

Gudykunst, W. B. Bridging Differences: Effective Intergroup Communication. London: Sage Publications.

Hall, B. J. Among Cultures: The Challenge of Intercultural Communication. Thomson Wadsworth.

Hatch, M. J. Organization Theory. Oxford: Oxford University Press.

Hatch, M. J. and Schultz, M. Organizational Identity: A Reader. Oxford University Press.

Hill, C. W. L. International Business: Competing in the Global Marketplace. McGraw-Hill.

Lane, H. W., DiStefano, J. and Maznevski, M. L. International Management Behavior: Text, Readings and Cases. Blackwell.

Mead, R. Cases and Projects in International Management: Cross-Cultural Dimensions. Blackwell.

Mead, R. and Andrews, T. G. International Management. John Wiley & Sons.

Morgan, G. Images of Organization. Sage Publications.

Ricks, D. A. Blunders in International Business. Blackwell Publishing.

Guibernau, M. and Rex, J., eds. The Ethnicity Reader: Nationalism, Multiculturalism and Migration. Polity Press.

Featherstone, M. Global Culture: Nationalism, Globalization and Modernity. Sage Publications.

Fetterman, D. M. Ethnography Step-by-Step. Sage Publications.

Schneider, S. C. and Barsoux, J. L. Managing Across Cultures. Pearson Education

Usunier, J. C. International and Cross-Cultural Management Research. Sage Publications.

Wright, S. Anthropology of Organizations. Routledge.

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