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 major topics that will be studied include international strategic planning and implementation in MNCs, strategies for international competition international production and outsourcing, international joint ventures and strategic alliances, organisational structure of MNCs, control in outsourcing, control in international operations, intra and inter-firm technology and knowledge management, cross-cultural negotiation and decision making, motivation and leadership in international management, international human resource management and international social and ethical responsibly of firms.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- Explain and illustrate the international strategic management processes used by top level management in multinational enterprises;
- 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;
- 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,
- Communicate effectively in oral and written forms about international strategic management using appropriate concepts, logic and rhetorical conventions.
Research-Led Teaching
Key concepts, cases and practical experiences will be presented in the lectures and tutorials. The lectures will be supplemented with structured learning exercises and activities such as case-studies that have well-defined objectives in the international strategic management context. Practical experience adapted from the cases based on research and empirical evidence will be discussed and presented in the weekly workshops.
Field Trips
Not relevant
Additional Course Costs
There are no additional costs
Examination Material or equipment
For each assessment, an Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class. This will include instructions on the online invigilation process. All assessment are to be submitted through Turnitin on Wattle, and the Final Examination is likely to be invigilated electronically. Oral reviews will be conducted using Zoom.
Required Resources
Textbook: Peng, M. 2022. Global Strategy. 5th edition. ISBN: 978-0-357-51236-4.
This is available for purchase as an electronic text and in hard copy. (Publisher's web site) The Wattle site will contain a flyer with a 10% discount code for purchase of the textbook.
A copy of the textbook will be held in the ANU library reserve & short loan collection.
Recommended Resources
Magretta, Joan. 2012. Understanding Michael Porter: The essential guide to competition and strategy. ISBN: 978-1-4221-6059-6. An extract from this book will be made available as a course reading, but the whole book is an excellent introduction to the key concepts in strategy.
The Economist. This is a weekly business and current affairs magazine founded in 1843.
- It "typically champions economic liberalism, particularly free markets, free trade, free immigration, deregulation, and globalisation. Despite a pronounced editorial stance, it is seen as having little reporting bias, and as exercising rigorous fact-checking and strict copyediting." (Wikipedia)
- The writing is an exemplar of good quality, clear and sometimes witty, educated modern English.
- In general its journalists do not have bylines (except for their last article when they retire), so there is no incentive for the attention-seeking, grandstanding and click-baiting behaviour that characterises much modern journalism.
- It tries to take a genuinely global perspective; by reading it you will develop a better intuition about the relative importance of your own country in the world. Australians will learn that Australia is not all that important, for example.
- At a minimum it is suggested you read the "World this week: Business" and "World this week: Politics" sections every week. These are very short. Some of their content is also the subject of longer articles later in the edition.
You can access the Economist from the ANU Library here: https://quicklink.anu.edu.au/nrm4 . Follow the link to Proquest.
Staff Feedback
Quantitative and qualitative feedback will be provided on Wattle, in class and by individual consultation.
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.Other Information
An important resource for enhancing educational quality is a stock of student work which can be de-identified and used as exemplars for future students in ANU courses, for educational research and for training tutors to grade assessments according to ANU standards. If you do not wish your de-identified assessments to be used for any of these purposes please inform the Course Convener by email.
Class Schedule
| Week/Session | Summary of Activities | Assessment |
|---|---|---|
| 1 | Strategy and the dynamics of competition | Primary reading: Textbook Chapter 1, 2 |
| 2 | Strategy and the dynamics of competition | Primary reading: Textbook Chapter 2, 3; Magretta Chapter 2 and 3. |
| 3 | Strategy and the dynamics of competition | Primary reading: Textbook Chapter 2, 3, 4, Magretta Chapter 2 and 3. |
| 4 | Strategy, Institutions, Cultures, and Ethics | Primary reading: Textbook Chapter 4. Case memo 1 is due at the beginning of this week on Tuesday 14 March at 9.00am AEDT. |
| 5 | Growing and Internationalizing the Entrepreneurial Firm | Primary reading: Textbook Chapter 5. |
| 6 | Entering Foreign Markets | Primary reading: Textbook Chapter 6. Case memo 2 is due at the beginning of this week on Monday 27 March at 9.00am AEDT. |
| 7 | Making Strategic Alliances and Networks Work | Primary reading: Textbook Chapter 7 |
| 8 | Managing Competitive Dynamics | Primary reading: Textbook Chapter 8. Case memo 3 is due at the beginning of this week on Tuesday 25 April at 9.00am AEST. |
| 9 | Diversifying and Managing Acquisitions Globally | Primary reading: Textbook Chapter 9 |
| 10 | Strategizing, Structuring, and Innovating Around the World | Primary reading: Textbook Chapters 11. Case memo 4 due at the beginning of this week on Monday 8 May at 9.00am AEST. |
| 11 | Governing the Corporation Globally | Primary reading: Textbook Chapter 10 |
| 12 | Strategizing on Corporate Social Responsibility Course review and final exam preparation | Primary reading: Textbook Chapter 12 |
Tutorial Registration
On-campus tutorial registration will be managed by MyTimetable. Enrolment in a possible online tutorial is at the discretion of the Course Convener. Students will be enrolled in this online tutorial if:
- they will be resident outside Australia for the duration of the course delivery; or,
- they are required to be reside beyond a reasonable commute to the ANU campus; or,
- they have a medical condition that precludes on-campus attendance.
Assessment Summary
| Assessment task | Value | Due Date | Return of assessment | Learning Outcomes |
|---|---|---|---|---|
| Case study video presentation 1 (15%) | 15 % | 17/03/2023 | 27/03/2023 | 3, 4 |
| Case study video presentation 2 (15%) | 15 % | 27/03/2023 | 31/03/2022 | 3,4 |
| Case study video presentation 3 (15%) | 15 % | 25/04/2023 | 02/05/2023 | 3,4 |
| Case study video presentation 4 (15%) | 15 % | 08/05/2023 | 15/05/2023 | 3,4 |
| Final Examination (40%) | 40 % | * | 29/06/2023 | 1, 2, 3 |
* 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
The course will be taught using a hybrid delivery mode, with pre-recorded lectures and face-to-face on-campus tutorials. All course materials related related to the lectures and tutorials, other than the textbook, will be available on or via the course Wattle site.
If necessary, an online tutorial will also be offered.
On-campus tutorial registration will be managed by MyTimetable.
Enrolment in a possible online tutorial is at the discretion of the Course Convener. Students will be enrolled in this online tutorial if:
- they will be resident outside Australia for the duration of the course delivery; or,
- they are required to be reside beyond a reasonable commute to the ANU campus; or,
- they have a medical condition that precludes on-campus attendance.
Please note that if on-campus teaching is not possible due to local health orders, the course will move at short notice to fully on-line delivery.
Examination(s)
This course has a final online exam. More information on examination reflecting hybrid mode will be made available on Wattle at least 2 weeks before the examination period. Additional examination information will be available on https://exams.anu.edu.au/timetable/
Assessment Task 1
Learning Outcomes: 3, 4
Case study video presentation 1 (15%)
Purpose: To assess achievement of Learning Outcomes 3 and 4.
Instructions: Students will individually record, using Zoom, a short slide presentation - less than 10 minutes, equivalent to about 700 to 1000 words. Deliverables will be the video in MP4 or MKV format and a copy of the slide deck. A detailed Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class.
Assessment Type: Individual
Value: 15%
Marking criteria: The marking criteria will be provided in Wattle at least two weeks prior to due date.
Form of submission: Submit via Turnitin on the course Wattle site. If the submitted document is in PDF format you must keep and be prepared to supply to the Course Convener the original electronic document (e.g. in MS Word, Pages, LibreOffice, LaTeX etc.)
Late submission: Not Permitted.
Due Date: 9.00am AEDT on Friday 17 March 2023.
Return of assessment: 27 March 2023.
Oral review: A selection of students will be required to participate in a mandatory oral review of their Case study memo. Their mark may be adjusted on the basis of this review.
Assessment Task 2
Learning Outcomes: 3,4
Case study video presentation 2 (15%)
Purpose: To assess achievement of Learning Outcomes 3 and 4.
Instructions: Students will individually record, using Zoom, a short slide presentation - less than 10 minutes, equivalent to about 700 to 1000 words. Deliverables will be the video in MP4 or MKV format and a copy of the slide deck. A detailed Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class.
Assessment Type: Individual
Value: 15%
Marking criteria: The marking criteria will be provided in Wattle at least two weeks prior to due date.
Form of submission: Submit via Turnitin on the course Wattle site. If the submitted document is in PDF format you must keep and be prepared to supply to the Course Convener the original electronic document (e.g. in MS Word, Pages, LibreOffice, LaTeX etc.)
Late submission: Not Permitted.
Due Date: 9.00am AEDT on Monday 27 March 2023.
Return of assessment: 31 March 2023.
Oral review: A selection of students will be required to participate in a mandatory oral review of their Case study memo. Their mark may be adjusted on the basis of this review.
Assessment Task 3
Learning Outcomes: 3,4
Case study video presentation 3 (15%)
Purpose: To assess achievement of Learning Outcomes 3 and 4.
Instructions: Students will individually record, using Zoom, a short slide presentation - less than 10 minutes, equivalent to about 700 to 1000 words. Deliverables will be the video in MP4 or MKV format and a copy of the slide deck. A detailed Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class.
Assessment Type: Individual
Value: 15%
Marking criteria: The marking criteria will be provided in Wattle at least two weeks prior to due date.
Form of submission: Submit via Turnitin on the course Wattle site. If the submitted document is in PDF format you must keep and be prepared to supply to the Course Convener the original electronic document (e.g. in MS Word, Pages, LibreOffice, LaTeX etc.)
Late submission: Not Permitted.
Due Date: 9.00am AEST on Monday 24 April 2023.
Return of assessment: 2 May 2023.
Oral review: A selection of students will be required to participate in a mandatory oral review of their Case study memo. Their mark may be adjusted on the basis of this review.
Assessment Task 4
Learning Outcomes: 3,4
Case study video presentation 4 (15%)
Purpose: To assess achievement of Learning Outcomes 3 and 4.
Instructions: Students will individually record, using Zoom, a short slide presentation - less than 10 minutes, equivalent to about 700 to 1000 words. Deliverables will be the video in MP4 or MKV format and a copy of the slide deck. A detailed Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class.
Assessment Type: Individual
Value: 15%
Marking criteria: The marking criteria will be provided in Wattle at least two weeks prior to due date.
Form of submission: Submit via Turnitin on the course Wattle site. If the submitted document is in PDF format you must keep and be prepared to supply to the Course Convener the original electronic document (e.g. in MS Word, Pages, LibreOffice, LaTeX etc.)
Late submission: Not Permitted.
Due Date: 9.00am AEST on Monday 8 May 2023.
Return of assessment: 15 May 2023.
Oral review: A selection of students will be required to participate in a mandatory oral review of their Case study memo. Their mark may be adjusted on the basis of this review.
Assessment Task 5
Learning Outcomes: 1, 2, 3
Final Examination (40%)
This is a Hurdle Assessment. You must pass this Examination in order to pass the course.
Hurdle assessments are explained in the ANU Assessment Policy .
Purpose: to assess achievement of learning outcomes 1, 2 and 3.
Value: 40%
Assessment Type: Individual
This will be take-home examination of 24 hours duration.
Instructions: An Assessment Brief, including the marking rubric, will be provided on Wattle and explained in class.
Form of submission: Submit via Turnitin on the course Wattle site. If the submitted document is in PDF format you must keep and be prepared to supply to the Course Convener the original electronic document (e.g. in MS Word, Pages, LibreOffice, LaTeX etc.)
Late submission: Not Permitted.
Oral review: A selection of students will be required to participate in a mandatory oral review of their examination script. Their mark may be adjusted on the basis of this review.
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
Not applicable to this course.
Late Submission
Late submission of assessments is not accepted for this course.
To seek an extension you must complete and submit the RSM Extension Application Form and provide compelling and verifiable documentary evidence. Further information on this process can be found at https://www.rsm.anu.edu.au/education/education-programs/rsm-assessment-extension/ .
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
Quantitative and qualitative feedback will be provided on Wattle, in class and by individual consultation.
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
Not permitted
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
Convener
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Research InterestsManagement education, evidence-based assessment and modern test theory, data science. |
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Ed Russell
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Instructor
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Ed Russell
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