Syllabus

Title
0413 Foundations of International Business
Instructors
Univ.Prof. Dr. Jonas Puck, Assoz.Prof Priv.Doz.Dr. Mihaela Dimitrova, Assoz.Prof. PD Dr. Jakob Müllner
Contact details
Type
VUE
Weekly hours
2
Language of instruction
Englisch
Registration
09/19/24 to 09/22/24
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 10/14/24 01:00 PM - 04:00 PM D5.0.001
Friday 10/18/24 08:00 AM - 11:00 AM TC.0.01
Monday 10/21/24 01:00 PM - 04:00 PM TC.0.04
Friday 10/25/24 08:00 AM - 11:00 AM TC.0.01
Monday 10/28/24 08:00 AM - 11:00 AM TC.0.04
Monday 11/04/24 08:00 AM - 11:00 AM D5.0.001
Friday 11/08/24 08:00 AM - 11:00 AM TC.0.01
Friday 11/15/24 09:30 AM - 11:00 AM TC.0.10 Audimax
Contents

The course is divided into the broad themes: Globalization, Internationalization, Global Strategy, Human Resources/Cross Cultural Management, International Finance, International Marketing, and International Supply Chain Management. The different topics are presented by the responsible professor and discussed with the students. The following themes will be discussed this semester:

  • Globalization
  • Internationalization Process
  • Market-Entry and Selection
  • Market Entry Mode
  • Foundations of
    • International Human Resource Management
    • International Financial Management/Financing International Business
    • International Marketing
    • International Supply Chain Management

 

Learning outcomes

After attending this course, students will be able to:

  • identify and specify the impact of globalization on several dimensions of trade and business environments
  • explain the internationalization behavior of firms on the basis of current methods and theories
  • develop basic internationalization strategies and rate them for specific contexts
  • investigate strategic alternatives for market entries
  • develop strategies for the management of multinational companies
  • make decisions regarding human resource and cross cultural management
  • deal with the uncertainty regarding management techniques and risk issues
  • understand a firm's international financing decisions
  • understand the basics of international marketing and international supply chain management

In addition, this course fosters the following soft skills:

  • ability to rate and select theoretical concepts in the course of international business for specific cases
  • develop practice
  • oriented solutions for a specific problem based on theoretical concepts and models
  • ability to convince others of their ideas
  • presentation skills to present proposals of a solution stringently and convincingly
  • ability to give feedback and to take criticism
Attendance requirements

Attendance is not mandatory.

Based on our experience, presence in all course units significantly helps to achieve good grades.

Teaching/learning method(s)
The core course (course 1) of International Business has the character of an interactive lecture. Short case studies, exercises, and group discussions will be pulled up for better understanding beside presentations.
Assessment

At the end of the course there will be a written exam! Additionally Students will be evaluated based on a case-analysis which they can pursue either alone or in groups of max 3 students.

20% Case Analysis
80% Final Exam 

Prerequisites for participation and waiting lists

ENTRY EXAM!

Please notice the information on https://www.wu.ac.at/iib/iib/studies/sbwl/entryexam

Incoming/Exchange students do not have to take an entry exam.

Readings

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Last edited: 2024-09-20



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