GLOBAL BUSINESS CONTEXTS - 2018/9

Module code: MAN0004

Module Overview

The focus will be the international business environment and the theoretical and conceptual frameworks which underpin it. The characteristics of different economies will be explored and compared, along with the operations of multinational businesses. The strategic issues which face organisations in a global context will also be examined. The module will build awareness of political, cultural and socio-economic dynamics in and between market economies. There will be an opportunity to develop some of the ethical considerations which have been explored in the Introduction to Decision Making module.

This module will build on the knowledge and skills gained in Semester 1. Students will be able to take either a predominantly quantitative or largely qualitative approach to the analysis of different national economies and/or organisations and can compare and contrast accordingly. This exercise will reflect personal preferences and guide students to focus on their progression choices. Data analysis will be a significant factor in order to provide an insight into numerical skills development.

Module provider

Surrey Business School

Module Leader

WHITE EF Mr (SBS)

Number of Credits: 15

ECTS Credits: 7.5

Framework: FHEQ Level 3

JACs code: N120

Module cap (Maximum number of students): N/A

Module Availability

Semester 2

Prerequisites / Co-requisites

None

Module content

Indicative content includes:

• Core international and economic theories and frameworks

• Contemporary economic trends

• Historical, cultural, political and socio-economic influences

• Ethical considerations

• Data analysis and interpretation

• Numerical skills development

Assessment pattern

Assessment type Unit of assessment Weighting
Coursework Data Interpretation Exercise (Week 9) 20
Oral exam or presentation Individual Presentation (Week 10) 20
Examination Exam (Week 15) 60

Alternative Assessment

N/A

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate their understanding of the international business environment and the theoretical and conceptual frameworks which underpin it. Students will be able to enrich their numerical skills development whilst experiencing the pressures of examination conditions.

Thus, the summative assessment for this module consists of:

• An individual presentation on a country or multinational organisation of their choice

• A data interpretation exercise

• An examination

Formative assessment and Feedback

Verbal formative feedback will be provided in seminars where students will apply taught theoretical and conceptual frameworks, present data, and engage with class debates and roleplays. In addition to this, students will individually present in front of their peers and constructive feedback and questioning will be applied. Upon competition of the individual country or multinational organisation analysis and presentation, students pair up and compare and contrast the countries and multinational organisations they have chosen. Extensive verbal formative will be provided on this comparison but will not count towards overall grading.

Module aims

  • Develop an up-to-date knowledge and understanding of current trends in the international business environment
  • Build knowledge of how different economies function and how business outcomes are influenced by historical, cultural, political and socio-economic influences
  • Develop the capacity to compare and contrast economic data in order to draw conclusions about the economic performance of nations and organisations
  • Build and develop the ability to critically analyse the global strategies of multinational organisations

Learning outcomes

Attributes Developed
001 Understand and engage in discussions and debates on the international business environment and current economic trends CK
002 Have a comprehensive knowledge of how different economies function and how these are influenced by historical, cultural, political and socio-economic factors CK
003 Be able to critically analyse and interpret data in order to compare, contrast and draw conclusions about the economic performance of nations and organisations CKPT
004 Be able to articulate and communicate findings to an audience PT
005 Be able to build, develop and enhance personal examination technique T

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Overall student workload

Independent Study Hours: 106

Lecture Hours: 22

Seminar Hours: 22

Methods of Teaching / Learning

The learning and teaching strategy is designed to introduce students to the international business environment and the theoretical and conceptual frameworks which underpin it. Using the taught theory, students will then be able to compare and contrast varying economic data in order to draw conclusions about the economic performance of nations and organisations. This will cultivate an analytical and critical mind set within the students. In addition to this, students will be empowered to engage in discussions and debates on the international business environment and current economic trends.

Emphasis will be placed on data interpretation and analysis in order to prepare students for the demands of FHEQ level 4.

The learning and teaching methods will include lectures (2 hours per week) and seminars (2 hours per week). Lectures will introduce students to the international business environment and the theoretical and conceptual frameworks which underpin it. An emphasis will be placed on how business outcomes are influenced by historical, cultural, political and socio-economic influences. Seminars will seek to apply the theoretical knowledge taught in seminars through real world case application, flipped learning, class debates and roleplay.

Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.

Reading list

Reading list for GLOBAL BUSINESS CONTEXTS : http://aspire.surrey.ac.uk/modules/man0004

Other information

N/A

Programmes this module appears in

Programme Semester Classification Qualifying conditions
Business Economics with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business and Retail Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (Marketing) With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (HRM) With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Accounting and Finance With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Business Management (Entrepreneurship) With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Economics With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
Economics and Finance With Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Business Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Event Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Hospitality Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Hospitality and Tourism Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module
International Tourism Management with Foundation Year BSc (Hons) 2 Compulsory A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2018/9 academic year.