Availabilities:

Location Domestic International
China - TUST N/A Session 2,  3
Melbourne N/A Session 2
Online Session 2,  3 Session 2,  2,  3,  3
Perth N/A Session 2
Sydney N/A Session 2

Unit Summary

Unit type

UG Coursework Unit

Credit points

12

AQF level

7

Level of learning

Advanced

Unit aim

International Business considers the objectives and strategies of international business. It includes the various challenges of operating in a global environment, including cultural, economic, and operational aspects. This unit exposes students to the potential, practice and pitfalls inherent in international business. Analyses strategies and structures for foreign market entry and participation, develops an understanding of the economics and politics of international trade and displays an awareness of global monetary factors including foreign exchange.

Unit content

Topic 1: Globalisation of markets

Topic 2: The cultural environment of international business

Topic 3: Ethics and international business

Topic 4: Theories of international trade and investment

Topic 5: Government intervention in international business

Topic 6: Regional economic integration

Topic 7: Understanding emerging markets

Topic 8: The international monetary and financial environment

Topic 9: Strategy in the international firm and global opportunities

Topic 10: Entering and operating in international markets

Topic 11: Foreign direct investment and collaborative ventures

Topic 12: Global sourcing

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

GA1: , GA2: , GA3: , GA4: , GA5: , GA6: , GA7:
On completion of this unit, students should be able to: GA1 GA2 GA3 GA4 GA5 GA6 GA7
1 examine how the international environment impacts upon international business decisions
2 make decisions about the entry mode, entry timing, the geographic market for entry and the product market for entry
3 analyse the impact of culture on international business
4 evaluate factors which contribute to the diversity and complexity of the international business environment
5 discuss the economics and politics of international trade.

On completion of this unit, students should be able to:

  1. examine how the international environment impacts upon international business decisions
    • GA2:
    • GA4:
  2. make decisions about the entry mode, entry timing, the geographic market for entry and the product market for entry
    • GA2:
    • GA4:
  3. analyse the impact of culture on international business
    • GA3:
    • GA7:
  4. evaluate factors which contribute to the diversity and complexity of the international business environment
    • GA3:
    • GA4:
  5. discuss the economics and politics of international trade.
    • GA2:
    • GA4:

Prescribed texts

  • Wild, J & Wild, K, 2015, International Business: The Challenges of Globalisation, 8th edn, Pearson Australia. ISBN: 9781292095042.

  • Wild, J & Wild, K, 2015, International Business: The Challenges of Globalisation, 8th edn, Pearson Australia. ISBN: 9781292095042.
Prescribed texts may change in future teaching periods.