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Unit of study_

IBUS3600: International Business in Practice

Semester 2, 2021 [Normal day] - Camperdown/Darlington, Sydney

This unit bridges the gap between theory and practice in international business. The unit covers critical issues and builds skills in the management of business across cultural and national borders. Much of the unit is dedicated to a problem-based/experiential approach to learning, using case studies, simulations, and class activities to deepen and solidify learning.

Unit details and rules

Unit code IBUS3600
Academic unit International Business
Credit points 6
Prohibitions
? 
None
Prerequisites
? 
Students commencing from 2018: completion of at least 120 credit points including IBUS1101, IBUS1102, IBUS2101 and IBUS2103). Pre-2018 continuing students: completion of at least 96 credit points including IBUS2101 and (IBUS2102 or IBUS1102)
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

No

Teaching staff

Coordinator Yi Li, yi.li2@sydney.edu.au
Tutor(s) Huan Zhang, huan.zhang@sydney.edu.au
Type Description Weight Due Length
Assignment Individual Essay
Individual Essay for Comprehensive Case Analysis
50% Formal exam period
Due date: 28 Nov 2021 at 23:59

Closing date: 05 Dec 2021
3,500 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Participation Lecture Participation through Q&A
Lecture Participation through Q&A
10% Multiple weeks Week 2 to Week 13
Outcomes assessed: LO1 LO5 LO3 LO2
Assignment Individual Assignment (Online Mock Interview)
Video of individual case interview
20% Week 06
Due date: 19 Sep 2021 at 23:59

Closing date: 26 Sep 2021
4-6 minutes
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Presentation group assignment Group Presentation
Group Presentation
20% Week 12 10 minutes
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
group assignment = group assignment ?

Assessment summary

Assessment Framework and Feedback Mechanisms

I. Participation (10%)

Participation is required for the course. Students are required to actively participate in Q&As of each lecture. The participation marks are based on the weekly numbers of each student participate in Q&As sessions. Students who actively participate in ten week's Q&A sessions are eligible to get the full participation marks (The attendance will replace the Q&A in the guest lectures). Students attending all lectures will get one bonus mark on participation.

 

Assessment Criteria

1. Communication (Oral)

Answer Quality: The answer has logical organization of the answer and clarity of presentation.

2. Influence

Time Management: the student has good time control to answer the question in the lecture.

Quality of Answer: Logical organization of the answer and clarity of

presentation. Free presentation for the student to answer the question, not just read from notes or slides.

 

Feedback - What, when and how feedback will be provided for this assessment

Marks will be posted on Canvas after Week 13. Individual oral feedback will be given in the tutorials when requested.

 

II. Individual Assignment (Online Mock Interview) (20%)

Submission deadline: The end of Week 6

The purpose of the individual task is to learn more about the practical relevance of the knowledge discussed in the unit. For this individual assignment, each student has to submit an Individual Video Recording to answer one practical case question in a mock interview for the consulting industry. The length of individual video should be 4-6 minutes. The case question will be released 2 weeks before the due date. For examples of individual case interview, please refer to the link below:

https://www.bain.com/careers/interview-prep/case-interview/

The video is suggested to have the following structure:

- Self-Introduction: Introduce yourself to the interviewer with 30 seconds.

- Problem solving: Explain how you can solve the problem mentioned by the case question. You are expected to integrate the knowledge from week 2 to week 5 (e.g., frameworks/functions/theories/concepts) for the problem-solving. You should explain your solution with the logics as well as supporting evidence (data), which reflects your critical thinking.

 

Grading of this task will be based on how practical the solution is, how well it relates to the learnt knowledge, the depth of your discussion, and the quality and creativity of your video.

 

This individual assignment is to be submitted through the Turnitin link "Individual Video Recording" provided in Canvas before the due date. No extensions of this deadline will be granted! Late penalties apply as specified in the Business School and University policies and procedures:

http://sydney.edu.au/business/currentstudents/policy.

If you have technical problems submitting the report, please contact the ICT Service Desk below:

https://sydney.edu.au/students/learning-in-canvas-and-blackboard.html

 

Assessment Criteria

1. Critical thinking and problem solving

In the Individual Assignment, students are required to integrate the knowledge from the International Business Major to discuss the solution for the focal case question and its logics behind. This criterion is measured by:

- Critically apply the business concept, framework, and international business theory to solve business problems

2. Communication (Oral)

In the Individual Assignment, this criterion is measured by:

- Clarity of expression (including accuracy, spelling, grammar, punctuation)

4. Information Literacy

In the Individual Assignment, this criterion is measured by:

- Effectiveness of information integration in the report

 

Feedback - What, when and how feedback will be provided for this assessment

Marks will be posted on Canvas after the assessment submission. Oral feedback will be given in the lecture on the assessment overall, and individual written feedback will be provided to students when requested.

 

III. Group Presentation (20%)

Presentation Period: Week 12

The purpose of this group task is to enhance the learning outcome from the lectures as well as the individual assignment, and the students are expected to learn more about the practical relevance of the International Business knowledge from the major. For this task students have to form teams of 6 members by week 6 at the latest. Each team has to choose a recent (within that last 24 months) international business event/news (at cross-country level, country level, or industry level) influence a MNE’s global operation that demonstrates the practical relevance of one concept/framework discussed in the Week 6 - Week 11 lectures. It is recommended to look for business stories in top business publications such as The Wall Street Journal, Business Week, The Economist, Fortune, Forbes, and others. Major newspapers can also be used as references.

Students are then required to prepare a group presentation. Presentations are scheduled for the lecture in Week 12. Each team will have 10 minutes to present. In the presentation, you should introduce the event or news, explain how the event or news influence the focal MNE’s global operation, and discuss the potential solutions or future trends of the focal event or news.

The presentation is suggested to include the following components:

- Introduction: Introduce your topic and background information (e.g, the industry/country/company introduction), making sure the audience have sufficient knowledge background to understand the news/event.

- Event/news briefing: Introduce the event/news with details (e.g., data, news report, or pictures). Do not only summarize the news but also provide additional background information on the event.

- Event/news analysis: Explain how the discussed event/news and the corresponding influence on the focal firm demonstrate the practical relevance of one concept/framework covered in the unit. Here you should discuss how exactly the event/news relates to or can be explained by one concept/framework from the lectures.

- Discussion: Discuss the potential solutions of the company OR discuss the future trends of the focal event (news)’s impact on the focal company. To this end you should discuss the concept/framework in greater depth and detail than it is covered in the lectures.  

- Reference list: Provide a proper reference list with the references you quoted at the end of the presentation. This involves that you identify, read and cite additional sources such as high-quality academic journal articles (ABDC A*/A journal articles) or book chapters that are related to the concept you discuss. It is essential that you provide the full citation details of each reference! Please see the University of Sydney Business School Referencing Guide for further information:

http://libguides.library.usyd.edu.au/c.php?g=508212&p=3476096

 

All team members must participate in the presentation. Power point slides are recommended but should not just be Internet or book pages with lots of text copied onto a slide; i.e., summarize, use bullet points, graphs, etc. We want to see your work, not someone else's. Make your presentation as if you are a consultant with something valuable to say. Extra creative touches are always welcome and will improve your grade. You can also pass out relevant supplementary reading(s) – e.g., news clippings, Web articles, etc. Videos, company brochures, reports of interviews with people from that company, and other creative materials are great too!

 

Important: Please prepare a cover slide for your group presentation. Please provide on this slide the full names and SIDs of all group members, the title of your presentation, and the name of your tutor. When saving the document, the file name should indicate the last name of the tutor, the last names of all group members, and the title of the presentation. If you do not conform to these formatting instructions you will have points deducted.

 

The power point slides for the group presentations have to be submitted through the Turnitin link Group presentation provided in Canvas before the end of Week 13. No extensions of this deadline will be granted!

 

Late penalties apply as specified in the Business School and University policies and procedures:

http://sydney.edu.au/business/currentstudents/policy.

If you have technical problems submitting the report, please contact the Business School’s IT helpdesk:

http://sydney.edu.au/business/study/services/it_services/contacts

Please note that you cannot copy and paste text from your group report into your group presentation and vice versa. Recycling your own work would be picked up by Turnitin as plagiarism. Thus, while the group presentation is based on the group report, please make sure not to use the same wording and phrases.

 

Assessment Criteria

1. Communication (Oral)

In the Group Presentation, every member in each group must participate in the presentation. Each group must prepare a one-page handout including a summary of the most important points of the presentation, the lessons learned, and a list of resources consulted, and shares it with peer students before the presentation. This criterion is measured by:

- Handout and Time Management: Handout well organized, includes summary of main points, includes sources of information. The Presentation stays within the 15 minute limit.

- Quality and Creativity of Presentation: Logical organization of presentation material and clarity of presentation. Free presentation, not just read from notes or slides, clear group preparation. Quality of PowerPoint slides, creative use of visual and audio-visual media, etc.

2. Influence

During rehearsal stage, every member in each group should make positive contribution to improve quality of the group presentation. Every group member should make sure the presentation is well-organized as a group project.

This criterion is measured by:

- Time Management for Each Member: the Presentation stays within the 20 minute limit, and every member has good time control during his/her presentation.

- Quality of Presentation for Each Member: Logical organization of the presentation materials and clarity of presentation for every member. Free presentation for each member in the group, not just read from notes or slides.

 

Feedback - What, when and how feedback will be provided for this assessment

The lecturer may provide feedback after the presentation if needed. The feedback will include both strengths and weaknesses of the presentation and suggestions for improvement.

 

IV. Individual Essay (50%)

Submission deadline: The end of Week 15

The purpose of the individual essay is to test your understanding of and ability to apply learned knowledge in a comprehensive practical case. For the Individual Essay, you need to read the comprehensive case provided in the end of Week 14 and prepare a written case analysis of 3,500 words (minimum 3,000 words, maximum 4,000 words). The report should address the key problems the focal firm is facing in the case, and provide a solution based on your data integration and detailed analysis. To facilitate your essay writing, it is recommended to look for business articles in top business publications such as The Wall Street Journal, Business Week, The Economist, Fortune, and Forbes. Major newspapers can also be used as references. The report should have the following structure:

 

- Introduction: Introduce your report to the reader by explaining the importance of your analysis for our focal firm, what are the key problems for its top manager, and what you are about to do in this report.

- Industry Analysis and Firm Analysis: Utilize Module 1’s knowledge to analyze the external environment (industrial environment) and internal environment (firm’s competitiveness) which are related to the focal firm and its relevant event(s). Do not only summarize the information about our focal firm but also provide additional background information on the firms or institutions related to your analysis.

- Discussion and Practical Suggestions: Provide practical suggestions based on your analysis above and discuss the relevance of your suggestions to the focal firm’s managerial problems. In this part, you should apply all other three modules’ knowledge. Here you should discuss how exactly your suggestions relate to the focal firm’s managerial concerns. To this end you should discuss your suggestions in great depth and detail. This involves that you identify, read and cite additional sources such as academic journal articles or book chapters that are related to the concept you discuss.

- Reference list: Provide a proper reference list with the references quoted in your paper at the end of the essay. It is essential that you provide the full citation details of each reference! Please see the University of Sydney Business School Referencing Guide for further information:

http://libguides.library.usyd.edu.au/c.php?g=508212&p=3476096

 

Grading of this task will be based on how effective the analysis is, how well it relates to your practical suggestions, and the depth of your discussion and breadth of resources used in your essay.

 

Important: To follow the requirements of Anonymous Marking, please DO NOT put your name and your Lecturer’s name on this individual report. A cover page is NOT needed for this assignment. Please add your SID only on each page of your submitted report. If you do not conform to these formatting instructions you will have 20% points deducted.

 

The individual essay is to be submitted through the Turnitin link "Individual Essay" provided in Canvas before the due date. No extensions of this deadline will be granted! Late penalties apply as specified in the Business School and University policies and procedures:

http://sydney.edu.au/business/currentstudents/policy.

If you have technical problems submitting the report, please contact the ICT Service Desk below:

https://sydney.edu.au/students/learning-in-canvas-and-blackboard.html

 

Assessment Criteria

1. Depth of disciplinary expertise

In the Individual Essay, students are required to utilize international business knowledge learned from the International Business Major for the case analysis. In discussion part of this essay, students should demonstrate the practical relevance of international business concept/theory/model/framework to the event/news. This criterion is measured by:

- How well do the managerial problems related to the selected concept/theory/model/framework from the International Business Major

- Depth and breadth of course knowledge/resources used in the written Essay

2. Critical thinking and problem solving

In the Individual Essay, students are required to integrate the knowledge from the International Business Major to discuss managerial problems of the focal firm and suggestions to solve the problems. This criterion is measured by:

- Critically apply the business concept, framework, and international business theory to solve business problems

3. Communication (Written)

In the Individual Essay, this criterion is measured by:

- Clarity of expression (including accuracy, spelling, grammar, punctuation)

4. Information Literacy

In the Individual Essay, this criterion is measured by:

- Effectiveness of information integration in the report

 

Feedback - What, when and how feedback will be provided for this assessment

Marks will be posted on Canvas after the assessment submission. Oral feedback will be given in the lecture on the assessment overall, and individual written feedback will be provided to students when requested.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

Late penalties apply as specified in the Business School and University policies and procedures:http://sydney.edu.au/business/currentstudents/policy. If you have technical problems submitting the report, please contact the ICT Service Desk below:https://sydney.edu.au/students/learning-in-canvas-and-blackboard.html

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction and unit overview Lecture (3 hr)  
Week 02 Module 1: International business environment. Week 2 - Understanding the international context: responding to conflicting environmental forces Lecture (3 hr)  
Week 03 Module 1: International business environment. Week 3 - External economies of scale and the international location of production Lecture (3 hr)  
Week 04 Module 2: Multinational enterprises’ strategies. Week 4 - Expanding abroad and the entry mode Lecture (3 hr)  
Week 05 Module 2: Multinational enterprises’ strategies. Week 5 - Engaging in cross-border collaboration: Managing across corporate boundaries Lecture (3 hr)  
Week 06 Module 2: Multinational enterprises’ strategies. Week 6 - Internationalization entrepreneurship and SMEs Lecture (3 hr)  
Week 07 Module 3: Cultural environment and international HRM. Week 7 - Cultural environment and international business Lecture (3 hr)  
Week 08 Module 3: Cultural environment and international HRM. Week 8 - International human resource management (IHRM) Lecture (3 hr)  
Week 09 Module 3: Cultural environment and international HRM. Week 9 – HRM practice in MNEs (Guest speaker TBD) Lecture (3 hr)  
Week 10 Module 4: Emerging and frontier issues in IB. Week 10 – Rise of Emerging Multinational Enterprise (EMNE) Lecture (3 hr)  
Week 11 Module 4: Emerging and frontier issues in IB. Week 11 – Digitization and global e-commerce Lecture (3 hr)  
Week 12 Week 12 – Group Presentations. Lecture (3 hr)  
Week 13 Week 13 - Unit Review & Workshop. Lecture (3 hr)  

Attendance and class requirements

Lecture recordings: All lectures and seminars are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

Bartlett, C.A. and Beamish, P.W., 2014. Transnational management: Text, cases and readings in cross-border management. McGraw-Hill Education.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. integrate international business knowledge, concepts, and principles in a range of business contexts
  • LO2. identify, analyse, and solve business challenges reaching conclusions using fundamental concepts, principles, and knowledge from international business
  • LO3. communicate effectively and professionally using a range of communication modes in business contexts
  • LO4. make a positive contribution to a team-based project
  • LO5. recognise the need for, locate, evaluate and use business information effectively.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

No changes have been made since this unit was last offered.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.