Nottingham University Business School
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International Firms

Please note that the following information may be subject to change.

Programme: Undergraduate

Module Code: N12208

Semester: Spring

Convenor: Cher Li

Credits & Level: 10 credits; Level 2

Pre-requisites: N11607 (Business Economics) or N11115 (Microeconomics for Business B1).

Co-requisites: None.

Target Students: Available to Part I and Part II students with required pre-requisite. CANNOT be taken by students who have taken an equivalent module from the School of Economics. CANNOT be taken by students who have taken/are taking N13213 International Business

Delivery: 11 ninety minute weekly lectures; 2 sixty minute seminars.

Assessment: One 1 hour examination (50%); One 2,500 word group project. (50%)

Exam Format:Answer One question Only. Paper contains Four questions. All questions carry equal marks.

Summary of Content This module examines the international business environment; in particular the impact of international firms on the economy, the determinants of Foreign Direct Investment and their significance on regional and global economic integration. Attention is paid to cultural and organisational aspects of international business and their impact on Corporate Social Responsibility, as well as differences in corporate governance across economic areas.
The structure of the module is based on three sections focusing mainly on the activities of MNEs, firm organisation and performance, and the impact of international firms on the economy.

Aims Convey knowledge to students and expose them to a learning process involving teamwork experience in research and writing of reports.

Key Words: Foreign Direct Investment; Multinational Corporations.

Learning Objectives & Outcomes Knowledge and understanding
This module develops a knowledge and understanding of:
  • The dynamic and changing nature of business and the consideration of the future of organisations within the global business environment, including the management of risk
  • The development, access and operation of markets for resources, goods and services
  • The development of appropriate policies and strategies within a changing environment to meet stakeholder interests
  • Government related policies with regard to multinationals.

    Foreign direct investment determinants and its impact on economies.
Intellectual skills
This module develops:
  • The ability to analyse facts and circumstances to determine the cause of a problem and identifying and selecting appropriate solutions
  • The ability to analyse and evaluate a range of business data, sources of information and appropriate methodologies, which includes the need for strong digital literacy, and to use that research for evidence-based decision-making
  • Conceptual and critical thinking, analysis, synthesis and evaluation
Professional practical skills
This module develops:
  • Self-analysis and awareness/sensitivity to diversity in terms of people and cultures. This includes a continuing appetitie for development.
  • The ability to apply business models to business problems and phenomena.
    Effective performance within a team environment including leadership, team building, influencing and project management skills.
Transferable (key) skills
This module develops:
  • Communication and listening including the ability to produce clear, structured business communications in a variety of media
  • An awareness of the interpersonal skills of effective listening, negotiating, persuasion and presentation and their use in generating business contacts
  • Self-management and a readiness to accept responsibility and flexibility, to be resilient, self-starting and appropriately assertive, to plan, organise and manage time
  • Ability to work with people from a range of cultures
  • Articulating and effectively explaining information
  • Building and maintaining relationships
  • The ability to apply management science and/or techniques.
Knowledge and understanding (Industrial Economics)
This module develops a knowledge and understanding of:
  • The applications of economics. To discover how to apply relevant economic principles and reasoning to a variety of applied topics, in particular in the fields of industrial organisation and managerial economics.
  • Economic principles and tools addressing the microeconomic issues of decision and choice
  • Economic principles and tools addressing the microeconomic issues of the production and exchange of goods
  • Economic principles and tools addressing the microeconomic issue of the interdependency of markets
  • Economic principles and tools addressing the microeconomic issue of the relationships between principals and agents
  • Economic principles and tools addressing the macroeconomic issue of economic growth
  • Economic policy at the microeconomic level showing an understanding of analytical methods and model-based argument and of different methodological approaches and their strengths and limitations.
  • The nature, sources and uses of qualitative data and an ability to select and apply appropriate methods that economists might use to analyse such data.
  • Have the ability to discuss and analyse government policy and to evaluate the performance of the UK and other economies, past and present.

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