Futures and strategies for international businessLaajuus (5 cr)
Code: LI00BB65
Credits
5 op
Teaching language
- English
Responsible person
- Petra Yli-Kovero
Objective
The student is able to
- explain the relevant trends and issues to be considered in developing a future international business opportunity
- develop a strategic approach to developing the future international business opportunity. Concepts such as working in projects, co-creation, collaborative networks, design thinking, circular economies, blue ocean and creating new market spaces will be explored
- recommend solutions that could be implemented in actualizing the chosen strategy to create the international business opportunity
Enrollment
15.08.2022 - 04.09.2022
Timing
07.10.2022 - 15.12.2022
Number of ECTS credits allocated
5 op
Virtual portion
5 op
RDI portion
5 op
Mode of delivery
Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
E-campus, Lahti
Teaching languages
- English
Seats
15 - 25
Degree programmes
- Master's Degree Programme in Business Administration, International Tourism and Event Management (2021, 2022)
Teachers
- Henri Karppinen
Scheduling groups
- Verkkoluento (Size: 0. Open UAS: 0.)
Groups
-
LLTIYITM22SVMaster's Degree Programme of Business Administration, International Tourism and Event Management 22SV Lahti
Small groups
- Verkkoluento 1
Learning outcomes
The student is able to
- explain the relevant trends and issues to be considered in developing a future international business opportunity
- develop a strategic approach to developing the future international business opportunity. Concepts such as working in projects, co-creation, collaborative networks, design thinking, circular economies, blue ocean and creating new market spaces will be explored
- recommend solutions that could be implemented in actualizing the chosen strategy to create the international business opportunity
Implementation and methods of teaching
The course is a virtual (online course and supported with three virtual contact lessons), which enables the student to study for themselves the appropriate time.
Timing and attendance
Virtual Contact days are supportive of the learning materials.
Virtual Contact days:
7.10.2022, 9:15 - 16:00
4.11.2022, 9:15 - 16:00
25.11.2022, 9:15 - 16:00
Learning material and recommended literature
See moodle.
Alternative completion methods
None
Exam retakes
None
Learning environment
- Virtual Contact lectures
- Group meetings
- Virtual
- Learning package is virtual and therefore the contact days are supportive of the learning materials.
- Virtual meeting if needed.
Student time use and work load
Document files 40%, 2 ECTS
Video files 40% , 2 ECTS
Commenting and participation 20%, 1 ECTS
Contents
The company environment analysis, the strategy development process, development of a business model to full-fill the company strategy, the strategy implementation process, measuring the success of strategy implementation, alternative approaches to the traditional strategy process.
Assessment criteria
Learning assignments
Late assignments will have the grade reduced
Any form of plagiarism, coping other people’s work or such silliness, is an automatic fail. Free riders will either have their grade reduced, have to form their own group, or fail.
Assessment scale
1-5
Failed (0)
The student does not complete the requirements for a grade of one.
Assessment criteria: level 1 (assessment scale 1–5)
Explain the relevant trends and issues to be considered in developing a future international business opportunity. Critically evaluate the futures and strategy discussions in their work.
Assessment criteria: level 3 (assessment scale 1–5)
Develop a strategic approach to developing the future international business opportunity. Concepts such as working in projects, co-creation, collaborative networks, design thinking, circular economies, blue ocean and creating new market spaces will be utilized.
Assessment criteria: level 5 (assessment scale 1–5)
Recommend innovative solutions that could be implemented in actualizing the chosen strategy to create the international business opportunity and critically evaluate the risks.