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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
  • LLTIYITM22SV
    Master'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.