This course is designed to provide students with an overview of key concepts, issues and decisions related to international management. After the course, students should be able to understand different motivations for firms to enter foreign markets, different internationalization paths, and different entry modes that firms may use. They will also be able to consider some key issues related to the above, such as the impact of cultural and institutional differences, psychic distance and political risk, and well as have an overview of how to manage a portfolio of operations in different countries.

The course provides an overview of the most important international managerial decisions. While it is an introductory course covering management concepts, the student should complete the course gaining new understandings of overall business concepts and people skills. The approach is interdisciplinary, in which manager requires a clear understanding of the interface between several functional areas.   The discussion will cover all main management functions including planning, organizing, directing and controlling. In addition to the discussion, the course will equip students with a framework for understanding and analyzing the nature of managerial works and the determining factors of managerial success.

Case analysis is used extensively in order to learn how to effectively apply the tools, techniques, and concepts that frame the management process.

• To understand the foundations of international management
• To understand decision making in an international context.
• To deal with complex problems by applying theory to case studies.

Students may miss a maximum of two sessions.

The course is comprised of seven sessions, and one session for final exam. The course utilizes a combination of interactive lectures, case analysis, and article presentation. As much of the learning occurs through class discussions, students are expected to attend all the classes for their whole duration. Active in-class participation in the discussions and group exercises is essential for students to get the full value from the class.

Pre-reading assignment : The purpose of the pre-readings is for the students to familiarize themselves with the material, which will be necessary for an active participation in class-discussions and case group work.

The following two articles are assigned as pre-reading for the class. You are required to write a short (max. 2 pages) essay on each of the two articles, in which you summarize and analyze the key points/contributions of the article. The pre-assignments will be graded, and need to be handed in on the first session lecture

1. Ghemawat (2001), Distance still Matters, Harvard Busines Review, September 2001
2. Porter, M.E (1990), The Competitive Advantage of Nation, Harvard Business Review, March-April

Teaching Case:  Each group is required to discuss and prepare a case presentation specified in the course outline for the respective sessions. For each teaching case assignment, groups may be asked at random to present their findings to the class.

1. Case 1 :Air Asia
2. Case 2  P&G in Japan
3. Case 3: Euro Disney
4. Case 4: Iphone in Europe
5. Case 5: Renault-Nissan Alliance
6. Case: 6: Nike in Indonesia

Article Presentation: Students should present an article in correlation with the topic being discussed on each session. Each group should prepare a 20-minutes presentation slides from the given article which will be presented in front of the classroom starting on session 3.

1. Article 1 : Porter, M.E. (2008) The Five Competitive Forces That Shape Strategy, Harvard Business Review
2. Article 2 : Yip (1989), Global Strategy in a World of Nation, Sloan Management Review, Fall
3. Article 3 :  Dunning (2001), The Eclectic Paradim of International Production, International Journal of Economics Business, 2001
4. Article 4 : Champion (2001), Mastering The Value Chain, Harvard Business Review
5. Article 5 : Hamel, Doz, Prahalad (1989), Collaborate with your competitors and win. Harvard Business Review
6. Article 6 : Prahalad, Hammond (2002), Serving The World Profitably, Harvard Business Review, September 2002

It is the responsibility of every student to come to class having thoroughly prepared the assigned readings. In addition, all assignments have to be handled-in on time. Hence, substantial out-of-class work is requires of all students to successfully complete this course, expect an average of 8-10 hours of outside work per week. The group assignments furthermore require the group to meet outside of class. Make sure your schedule allows enough time for this.

The assessment of this course is based on the individual and the group level.

1. Individual Level (70%)
   - Pre Course Assignment (10%)
   - Exam (60%)
2. Group Level (30%)
   - Case Presentation (20%)
   - Article Presentation: (10%)

For handing in assignments, questions or problems please contact:

Dr. Rangga Almahendra ST MM                      
Fakultas Ekonomika dan Bisnis, Universitas Gadjah Mada,                                  
Jl Sociohumaniora, Bulaksumur, Yogyakarta, Indonesia
almahendra@ugm.ac.id

For any organisational questions please contact Christina Plieschounig at coursesinenglish@wu.ac.at