SOL16 Introduction to International Business
In an increasingly globalized world, operating across national boundaries gives organizations immense opportunities to grow and seek favorable business environments. However, doing business across borders is also associated with unique challenges and problems deriving from differences in geographical location, culture, language etc. The purpose of this introductory course in international business (IB) is to develop participants' understanding of both opportunities and challenges by giving a basic insight into important topics, theories, models and frameworks within the field of IB.
This is achieved through a mix of lectures, readings, in-class exercises, case discussions, and experiential learning where participants work in culturally diverse teams to solve real-life business cases. Active participation in classroom discussions and exercises is expected by all students.
The course offers the individual a hands-on opportunity to develop and explore the knowledge, skills and qualities needed to effectively collaborate across borders.
- Globalization: historical, political, economic, and socio-cultural aspects
- International trade and business theories
- Multinational corporations (MNCs), including Born Globals
- Theoretical aspects of the internationalization process, including international strategy; entry mode decisions; outsourcing and offshoring
- Culture in international business: the impact on leadership, followership, team work, and organizational behavior
- Corporate Social Responsibility (CSR) in international business
- International crisis management
- International human resource management (HRM) and career planning
- Expatriation and repatriation
Knowledge - the candidate
- Understand relevant theories, models, frameworks, and topics in international business at a basic level, including their main limitations/critiques
- Understand how the covered topics relate to opportunities and challenges for organizations operating on the international arena
Skills - the candidate
- Is able to apply the covered theories, models, frameworks, and topics to analyses of real business cases
- Can effectively and independently communicate and discuss the results of the analyses, in writing and orally
- Is able to reflect on own roles, practices, and interactions in multicultural settings
General competence - the candidate
- Can communicate thoughts and ideas effectively
- Is able to solve tasks, independently and in small teams
We use a combination of readings, lectures, case work, in-class exercises, and experiential learning (work in geographically/culturally diverse teams) to learn, and to relate this learning to ourselves and real business challenges. Students are expected to take an active part in their own learning experience, and to contribute to the learning experience of the class as a whole.
Credit reduction due to overlap
SOL16 is the equivalent to VOA046 and students will not get credit for both courses.
Requirements for course approval
Access to the written exam requires course approval. Course approval is based on participation in the first class; participation in at least 80 percent of the course sessions; a passing grade on the team term paper and on the individual reflection paper; and active participation in the in-class presentation of the team term paper.
The final grade is based of the following:
- Element 1: Written term paper (team based) - 40%
- Element 2: Written school exam (3 hours) - 40%
- Element 3: Individual reflection paper - 20%
All elements must be passed in the same semester, and in the semester you attend the course.
The course homepage on Canvas or ItsLearning will be continuously updated with teaching materials and messages, and students are expected to proactively use itslearning to stay updated and cover the required readings for each class session.
The required text book will be announced prior to course start. A selection of articles and cases is also mandatory reading.
- ECTS Credits
- Teaching language
Berit Sund, Department of Strategy and Management.