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Unit of study_

IBUS6001: International Business Strategy

This unit analyses how multinational firms leverage their capabilities and competencies to create competitive advantages in international and global markets. Topics include assessing foreign market attractiveness; understanding the impact of differences in legal, cultural, political and economic regimes; evaluating international political and economic risk; building and operating global networks, including entry mode choice; understanding how managers design organisational architecture and implement internal control and incentive mechanisms; and assessing the challenges of global citizenship, ethical behaviour and social responsibility for international business. Problem-based learning, with case study workshops, is an integral part of the unit.

Details

Academic unit International Business
Unit code IBUS6001
Unit name International Business Strategy
Session, year
? 
Semester 2, 2020
Attendance mode Normal day
Location Camperdown/Darlington, Sydney
Credit points 6

Enrolment rules

Prohibitions
? 
ECHS6008
Prerequisites
? 
None
Corequisites
? 
IBUS5003
Available to study abroad and exchange students

Yes

Teaching staff and contact details

Coordinator Stefan Volk, stefan.volk@sydney.edu.au
Type Description Weight Due Length
Final exam (Record+) Type B final exam Final exam
Written exam with MCQ
50% Formal exam period 1.5 hours
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Assignment Case analysis
Written report
20% Week 05
Due date: 25 Sep 2020 at 16:00

Closing date: 10 Oct 2020
2000-3000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Presentation group assignment News flash presentation
Oral presentation
10% Week 06
Due date: 29 Sep 2020 at 13:00

Closing date: 14 Oct 2020
20 minutes
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Assignment group assignment News flash report
Report
20% Week 10
Due date: 06 Nov 2020 at 13:00

Closing date: 20 Nov 2020
2000-3000 words
Outcomes assessed: LO1 LO5 LO4 LO3 LO2
group assignment = group assignment ?
Type B final exam = Type B final exam ?

Final exam: The final exam will test your understanding of and ability to apply key concepts from the unit. The exam will cover material from assigned readings, lectures, and tutorials. The final exam will be held during the exam period. It is a closed-book exam that covers all the lecturers and tutorials. There will be two parts: In part one you are required to answer a number of multiple choice questions. You will have to choose the right answer out of four options and provide a one-sentence explanation of why the chosen answer is correct. Only if both, your choice and explanation, are correct you will receive points for a multiple choice question. You will receive no points in any of the following cases: you tick the wrong box, you tick no box, you provide an incorrect explanation, you provide no explanation. Sample multiple choice questions are provided in CANVAS, the MC questions for the final exam will be drawn from this pool of questions. In part two you will have to answer a number of essay questions. Sample essay questions are provided in CANVAS, the essay questions for the final exam will be drawn from this pool of questions.

News flash report​: In groups of 4-5 students, you will choose a recent (within that last 6 months) event/news in the business world that demonstrates the practical relevance of one concept discussed in the lectures or assigned readings. It is recommended to look for business stories in top business publications such as The Wall Street Journal, Business Week, The Economist, Fortune, and Forbes. Major newspapers can also be used. Teams are then required to prepare a written report and present a summary of their report in class.

News flash presentation: In groups of 4-5 students, you will choose a recent (within that last 6 months) event/news in the business world that demonstrates the practical relevance of one concept discussed in the lectures or assigned readings. The presentations for the will be held in class and you are required to submit the presentation slides via Turnitin on Canvas.

Case analysis: In the case analysis task, you have to do research on the company TikTok https://www.tiktok.com/about?lang=en and the recent conflict the company had with the Trump administration which has accused TikTok of providing the Chinese government with access to American user data: https://www.nytimes.com/2020/08/03/business/economy/trump-tiktok-china-business.html Your task is to obtain as much information as possible about the TikTok case from various online and print sources and prepare a written analysis of what happened, why you think it happened and what other companies from emerging markets including China, India, Russia or Brazil can learn from this case to avoid similar problems.

Detailed information for each assessment can be found on Canvas.

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.

Special consideration

If you experience short-term circumstances beyond your control, such as illness, injury or misadventure or if you have essential commitments which impact your preparation or performance in an assessment, you may be eligible for special consideration or special arrangements.

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.

WK Topic Learning activity Learning outcomes
Week 01 25/26 August 2020 - Introduction and course overview Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 02 01/02 September 2020 - Strategy, political economy, and country differences Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 03 08/09 September 2020 - Strategic positioning and value creation Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 04 15/16 September 2020 - Cooperation, competition, and collusion Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 05 22/23 September 2020 - International business strategies Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5
Week 06 29/30 September 2020 - Organizational structures to support international business strategies Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5
Week 07 13/14 October 2020 - Organizational processes to support international business strategies Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5
Week 08 20/21 October 2020 - International business strategy and ethics Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 09 27/28 October 2020 - Market entry strategies Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 10 03/04 November 2020 - Global joint venture exercise Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 11 10/11 November 2020 - Corporate culture and strategy Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5
Week 12 17/18 November 2020 - Unit review Lecture and tutorial (3 hr) LO1 LO2 LO4 LO5

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

All readings for this unit can be accessed through the Library eReserve, available on Canvas.

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. evaluate and explain concepts, frameworks, and theories in the domain of international business strategy
  • LO2. apply the different business concepts, frameworks, and theories in the domain of international business strategy critically
  • LO3. identify, collect, classify, evaluate, and utilise useful information to prepare an international business news flash report
  • LO4. explain and analyse key problems of multinational corporations, and conclude with convincing solutions within real-world constraints
  • LO5. develop skills to work with people from diverse national backgrounds with inclusiveness, open-mindedness and integrity.

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

Disclaimer

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