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Futures and strategies for international business (5 cr)

Code: LI00BB65-3004

General information


Enrollment

19.08.2019 - 15.09.2019

Timing

01.08.2019 - 31.12.2019

Number of ECTS credits allocated

5 op

Virtual portion

4 op

RDI portion

1 op

Mode of delivery

20 % Contact teaching, 80 % Distance learning

Campus

Faculty of Business and Hospitality Management

Teaching languages

  • English

Seats

20 - 40

Degree programmes

  • Master's Degree Programme in International Business Development

Teachers

  • Kristiina Brusila-Meltovaara
  • Brett Fifield

Groups

  • 00HYTO19
  • 04YIBD19S
    , Lahti

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 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.
The course is a hybrid (online course and supported with three contact lessons), which enables the student to study for themselves the appropriate time.

Timing and attendance

Hybrid, contact and/or virtual
Contact days are supportive of the learning materials.

Learning material and recommended literature

See reppu.

Alternative completion methods

None

Working life cooperation

This course is tied to the BSF project.
Your task is to develop a new testable business concepts and business models that focuses on local food production, marketing and distribution in the Baltic Sea Region

Exam retakes

None

Learning environment

- Contact lectures
- Group meetings
- Hybrid, contact and/or 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 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.
- recommended solutions that could be implemented in actualizing the chosen strategy to create the international business opportunity.

Additional information for students: previous knowledge etc.

Contact days:
1.11.2019, 9:15 - 16:00
15.11.2019, 9:15 - 16:00
29.11.2019, 9:15 - 16:00

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.