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Introduction to International Business

Unit code: HBI450

Credit points12.5 Credit Points
Duration
One teaching period
Contact hours36 hours
CampusHawthorn
PrerequisitesNil
CorequisitesNil

Aims and objectives

At the completion of this unit students should be able to:
  • Identify international opportunities
  • Demonstrate what is meant by internationalisation of an organisation
  • Identify relevant forces in international markets
  • Recognise the impact of e-business on international business
  • Develop a strategy at a country, industry and firm level
  • Work effectively in a team environment

Teaching methods

Classes in either weekly or block mode

Assessment

Individual Test 10-20%
Individual assignment 20-30%
Group assignment 30-40%
Final Examination 30-40%

Generic skills outcomes

Swinburne University of Technology works to produce higher education graduates who are capable in their chosen profession, can contribute in an entrepreneurial and innovative way within their workplace or community, to operate effectively and ethically in their business life and are adaptable and able to manage change. It is expected that graduates will leave with a diverse wealth of experiences and will have developed individual knowledge, abilities and attitudes.
Within this context this unit will contribute to students developing the following key generic skills:
  • Teamwork skills
  • Evaluation skills
  • Communication skills
  • Ability to tackle unfamiliar problems
  • Ability to work independently

Content

  • Introduction and key IB concepts
  • Introduction to competitive advantage
  • Political-Legal considerations
  • The role of government, trade policy and economic considerations
  • Socio-cultural considerations
  • Technology infrastructure and environmental considerations
  • Australian international case studies
  • Internationalisation
  • Strategic options
  • Market entry modes
  • E-Business and internationalisation

Reading materials


Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.