Study Guide

Learning outcomes

Understanding the changing global business environment and its effects on international business operations and trade.
After completing the course student is able
- to explain the concepts of internationalization and globalization
- to identify and describe features of global business
- to analyse and interpret the changing global business environment and economics as well as their effects on business

Implementation and methods of teaching

Contact lectures on campus (weeks 36-48), assignments, exam (week 49)

Timing and attendance

Lectures according to timetable (weeks 36-48), exam (week 49)

Learning material and recommended literature

Lecture material provided by the teacher, assignment reports/presentations, book (announced in the lecture).

Exam retakes

Exam dates will be announced at the beginning of the course.

Learning environment

Contact lessons and course Moodle

Student time use and work load

4 credits = 108 hours of student work = 48 hours contact lessons + 25 hours assignments + 35 hours self-studying

Contents

- Introduction to globalization and internationalization
- political, legal and socio-cultural business environment
- economic business environment
- economic trade areas
- role of trade organizations

Assessment criteria

Assignments (passed/not passed)
Exam graded 0-5

Assessment scale

1-5

Failed (0)

Failing to reach the level 1 according to the evaluation criteria

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

1 = Student understands the basic concepts of global business and remembers their definitions. Student is able to name the dimensions of global business environment and find related data on global business market.

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

3 = Student understands the basic concepts of global business and is able to explain them. Student is able to collect and present relevant data on global business market.

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

5 = Student masters and is able to use of the basic concepts of global business fluently. Student is able to analyse and interpret relevant data on global business market. Student is able to compare different global business markets and draw conclusions about their effects on business opportunities.