Global Business Trends (5cr)

Objectives (course unit)

The course focuses on the increasing importance of the international dimension of business. The students choose one major theme for their independent learning project which concentrates on one major theory or framework to broaden their understanding of international business strategies to prepare students for an internationally oriented career. There are internationalization business topics covered in areas of: Financing, taxation, organization, management, business policies, marketing, human resources, political risk assessment, E-commerce and economic integration.

After completing the course, the students will be able to:

Have an ability to assess the effects of major economic, management, social and technical trends and factors on businesses operating internationally.
Have an understanding of shifting competitive advantage and international strategy formation and evolution in major manufacturing and service sectors.
Have the ability to use relevant sources of information to carry out research in their chosen topic.

Content (course unit)

What are the critical issues in international business?
How to conduct an individual/group project on international business issue?
How to integrate theory with practice through research/development oriented project?

Prerequisites (course unit)

-

Assessment criteria, satisfactory (1-2) (course unit)

The student shows some basic understanding of the future business trends. He/she is aware of the changes that are taking place in international business. He/she is able to give examples of some of the business megatrends. He/she takes responsibility for his/her own work.

Assessment criteria, good (3-4) (course unit)

The student shows understanding of the future trends in international business. He/she is able to give examples of the effects of digitalisation, robotisation, climate change, smart cities, other future trends, and their impact on doing business. He/she is able to apply this knowledge and demonstrate how these trends will affect doing business.

Assessment criteria, excellent (5) (course unit)

The student is able to analyse economically and operationally how the future megatrends will affect doing international business. He/she can prepare and perform an industry-level briefing on the characteristics of future trends of the chosen field. He/she takes it for granted that the future trends are very different from the past ones, and adjusts his/her thinking accordingly.

Location and time

1. Torstai, 10.03.2022, 09:00-12:00 Moodle
2. Torstai, 17.03.2022, 09:00-12:00 Online
3. Torstai, 24.03.2022, 09:00-12:00 B5-25
4. Torstai, 31.03.2022, 09:00-12:00 B5-31
5. Torstai, 14.04.2022, 09:00-12:00 B5-31
6. Torstai, 21.04.2022, 09:00-12:00 Online
7. Torstai, 28.04.2022, 09:00-12:00 Online

Exam schedules

No test but group project and its oral presentation

Assessment methods and criteria

Individual task: 20%
Pair task: 30%
Trio Project: 30%
Presentation: 10%
Class activity: 10%

Assessment scale

0-5

Teaching methods

Online and contact lesson
Study conversation
Class activity
Individual task
Project
Presentation

Learning materials

Will be announced later

Student workload

- Total resource hurs= 27x5 = 135
- Contact meeting 7 (7 x 3): 21 hours
- Project: 40 hours
- Individual, pair task and class activity: 30 hours
- Reading: 44 hours

Completion alternatives

Talk to the teacher

Practical training and working life cooperation

The students will write course project based on a real world company

International connections

Possible and welcome

Further information

The students should do course activities on time. Doing late may affect to the final grade.

Assessment criteria - fail (0) (Not in use, Look at the Assessment criteria above)

Not done obligatory course activities

Assessment criteria - satisfactory (1-2) (Not in use, Look at the Assessment criteria above)

The student shows some basic understanding of the future business trends. He/she is aware of the changes that are taking place in international business. He/she is able to give examples of some of the business megatrends. He/she takes responsibility for his/her own work.

Assessment criteria - good (3-4) (Not in use, Look at the Assessment criteria above)

The student shows understanding of the future trends in international business. He/she is able to give examples of the effects of digitalisation, robotisation, climate change, smart cities, other future trends, and their impact on doing business. He/she is able to apply this knowledge and demonstrate how these trends will affect doing business.

Assessment criteria - excellent (5) (Not in use, Look at the Assessment criteria above)

The student is able to analyse economically and operationally how the future megatrends will affect doing international business. He/she can prepare and perform an industry-level briefing on the characteristics of future trends of the chosen field. He/she takes it for granted that the future trends are very different from the past ones, and adjusts his/her thinking accordingly.