International firms need to formulate company policies that take account of the fact that they manufacture, service, employ and market to or in countries with different laws, different beliefs and different levels of socio-economic development compared to a firm’s country of origin. This course examines the contextual, organisational and managerial issues associated with the operation of multinational firms. Interactions between contextual elements and management of an international enterprise will be studied from both theoretical and practical perspectives. The course includes topics such as international strategic management; international social and ethical responsibilities of firms; cross-cultural management and communication; international human resource management and workplace relations.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

1. explain and illustrate the international strategic management processes used by top level management in multinational enterprises;
2. define, explain and illustrate the relationships among philosophic roots and approaches for international strategic planning and implementation, strategies for value chain activity integration, international business strategies, structure of multinational enterprises, and human resource management orientations, and the role which culture plays in managing multinational enterprises;
3. creatively apply knowledge from different approaches to strategic management issues and problems of multinational enterprises, demonstrating thorough understanding of the various international strategic management concepts and their practical application; and,
4. communicate effectively in oral and written forms about international strategic management using appropriate concepts, logic and rhetorical conventions.

Research-Led Teaching

Bridging the research-practice gap in international strategic management is a key focus of this

course. This gap will be addressed in three ways:

1. Course content based on rigorous scholarly research in fields closely allied to international strategic management;

2. Discussion of ways to apply these research findings to actual practice, including using evidence-based management methods; and

3. Assessment tasks that require students to apply research findings to practical settings.

Field Trips

There are no field trips for this course

Additional Course Costs

There are no additional costs for this course

Examination Material or equipment

n/a

Required Resources

Global Business Today, 11th Edition

by Charles W. L. Hill and G. Tomas M. Hult 

A hard copy is available on 2-hour loan reserve shelf in Chifley library.

Recommended Resources

The ANU Library subscribes (electronically) to a wide range of academic journals. Journals that may be helpful for your research include:

Academy of Management Review

Academy of Management Perspectives

Academy of Management Journal

Journal of Management Studies

Journal of Management

Journal of International Business Studies

Journal of World Business

International Business Review

International Journal of Human Resource Management

Journal of Business Research

Asia-Pacific Journal of Management

Management International Review

Journal of International Marketing

Strategic Management Journal

Strategic Management Review

Useful Websites

Academy of International Business: http://aib.msu.edu/ (http://aib.msu.edu/)

Asian Development Bank: www.adb.org (http://www.adb.org)

Australia and New Zealand International Business Academy: http://www.anziba.org/index.html

(http://www.anziba.org/index.html)

Austrade (Australian Trade Commission): http://www.austrade.gov.au/ (http://www.austrade.gov.au/)

Australian Bureau of Statistics: http://www.abs.gov.au/ (http://www.abs.gov.au/)

Australian Securities and Investments Commission: http://www.asic.gov.au/ (http://www.asic.gov.au/)

Australian Stock Exchange Limited (ASX): http://www.asx.com.au (http://www.asx.com.au)

Company Annual Reports Online: http://www.carol.co.uk/ (http://www.carol.co.uk/)

Department of Foreign Affairs & Trade: http://www.dfat.gov.au/ (http://www.dfat.gov.au/)

Global Edge: http://globaledge.msu.edu/ibrd/ (http://globaledge.msu.edu/ibrd/)

International Monetary Fund: www.imf.org (http://www.imf.org)

OECD: www.oecd.org (http://www.oecd.org)

Pacific Economic Cooperation Council: http://www.pecc.org (http://www.pecc.org)

The Economist: www.economist.com (http://www.economist.com)

World Factbook (CIA): http://www.odci.gov/cia/publications/factbook/ (http://www.odci.gov/cia/publications/factbook/)

World Bank: worldbank.org (http://www.worldbank.org)

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments
• Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session	Summary of Activities	Assessment
1	Introduction / Globalization and IB	Assigned reading: Chapter 1
2	Business across cultures	Assigned reading: Chapters 4 and 17 In-class discussion: frontier issue 1
3	Economic environment for international business	Assigned reading: Chapters 3 and 9 In-class discussion: frontier issue 2
4	?International business interaction with political institutions	Assigned reading: Chapters 2 and 7 In-class discussion: frontier issue 3
5	Global financial market for international business	Assigned reading: Chapters 10 and 11 In-class discussion: frontier issue 4
6	A guided literature review - Institutional perspectives of international business strategy	Assigned reading: academic papers posted on Wattle In-class quiz 1
7	International trade strategy: Theory and practice	Assigned reading: Chapters 6 and 14 In-class discussion: frontier issue 5
8	Foreign market entry strategies	Assigned reading: Chapters 8, 12 and 13 In-class discussion: frontier issue 6
9	Ethical international business strategy	Assigned reading: Chapter 5 In-class discussion: frontier issue 7
10	Global supply chain management strategy	Assigned reading: Chapters 15 and 16 In-class discussion: frontier issue 8
11	An introduction to research of international business strategy	In-class quiz 2
12	Course content review and final Q&As

Tutorial Registration

N/A

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
In-class quiz 1	20 %	01/04/2020	03/04/2020	1,2
In-class quiz 2	20 %	20/05/2020	22/05/2020	1,2
Summary of discussion of frontier issues	20 %	05/06/2020	12/06/2020	1,2,3,4
Final exam	40 %	20/06/2020	02/07/2020	1,2,3,4

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Participation

Participation is expected in all classes and assessment.

Examination(s)

There will be a final exam as described in assessment task #4 above.

Assessment Task 1

In-class quiz 1

Quiz 1 will include 4 short-answer questions covering the topics introduced in weeks 1-5.

All students will receive feedback/results of the in-class quiz by the end of week 6 of semester.

Assessment Task 2

In-class quiz 2

Quiz 2 will include 4 short-answer questions covering the topics introduced in weeks 6-10.

Assessment Task 3

Summary of discussion of frontier issues

There are 8 in-class discussion issues throughout the semester. Students are to form teams to deliver a presentation and coordinate in-class discussion for on one of the issues. A written report will be submitted after the class, summarizing the discussion. A list of issues will be be posted on Wattle. As a guideline, teams should prepare:

1.      Linking the issue to previous lecture (a quick recap of relevant contents)

2.      Summarize the existing knowledge base

2.1  What are the points of consensus?

2.2  What are the points of contention?

2.3  What needs to be done in the future?

3.      Relating the above points to practice using real world examples/cases

4.      Propose 2-3 discussion questions for the class

5.      Coordinate class discussion

6.      Conclusion remarks (take-home points)

Written report accounts for 15/20, Oral presentation accounts for 5/20. Students form groups and select an issue on first-come-first-served basis. Anticipated group size will be 4-5 students, depending on class size. Presentations will be recorded.

Group members will have opportunity to show individual effort. A relative contribution form will be required.

Assessment Task 4

Final exam

There will be a closed-book final exam during the final examination period. The exam will cover all aspects of the course content, with emphasis on analytical skills and application of knowledge. The exam will include two essay style open-ended questions, and a case analysis with three associated short-answer questions. The exam will be 2-hours long.

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

Late submission of written assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.

All oral assessment tasks must be completed without delay.

All requests for extensions to assessment in RSM courses must be submitted to the RSM School Office with a completed application form and supporting documentation. The RSM Extension Application Form and further information on this process can be found at https://www.rsm.anu.edu.au/education/education-programs/notices-for-students/extension-application-procedure/

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Returning Assignments

Please see relevant assessment task details above.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Resubmission of Assignments

Unless specified otherwise in the assessment requirements, resubmissions are permitted up until the due date and time, but not allowed afterwards.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
• ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
• ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
• ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
• ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
• ANUSA supports and represents undergraduate and ANU College students
• PARSA supports and represents postgraduate and research students