Study Guide

Learning outcomes

The student is able to
- acquire an understanding of how to evaluate a firm's readiness to internationalise and create international competitiveness
- acquire an understanding of market selection process and entry mode options
- develop skills to use decision-oriented framework when evaluating and choosing between different strategic options

Implementation and methods of teaching

Contact lectures, seminars and written exam at Lappeenranta Campus

Timing and attendance

According to the course timetable 18.9.- 1.12. 2023

Learning material and recommended literature

Material and literature will be announced in the first lecture.

Learning environment

Moodle learning platform
Classroom case lecturers and seminars

Student time use and work load

Course is 5cr = 135h student work
Lectures 15h
Seminars 8h
Written exam 3h
Assignments 60h
Independent studying 49h

Contents

The decision to go international
- Process
- Internationalisation theories
Deciding which markets to enter
- The political, legal and economic environment
- The sociocultural environment
- The international market selection process
Market entry strategies
- Criteria in choice of entry mode
- Different entry modes

Additional information for students: previous knowledge etc.

Course 'AL00CE34 Global business environment and opportunities' or similar knowledge.

Assessment criteria

Assessment scale 0-5
Assignments
Written exam
Attendance in lectures/seminars

Assessment scale

1-5

Failed (0)

Failing to reach the level of 1 according to the evaluation criteria.

Assessment criteria: level 1 (assessment scale 1–5)

Sufficient (1)
Student is able to recognize the steps in internationalization process of the company. Student recognizes by name different internationalization theories. Student is able to collect some data concerning international business and global environment.

Assessment criteria: level 3 (assessment scale 1–5)

Good (3)
Student is able to explain the internationalization process and different internationalization theories. Student is able to collect and present relevant data concerning international business, and use the data in empirical cases.

Assessment criteria: level 5 (assessment scale 1–5)

Excellent (5)
Student is able to analyse and interpret internationalization process of a company. Student is able to analyse the internationalization theories and use theory in empirical cases broadly. Student is able to collect and present appropriate and extensive amount of data of international business and global environment.