10 Units

This course analyses the challenges and opportunities presented by the globalisation of markets and production for both domestic and multinational firms. The environment for global business is divided into three aspects; social and cultural; government and political; economic and technological. The course develops analytical frameworks encompassing economic and management theories; government policies; national differences in political, economic, legal and cultural systems to assess the challenges and opportunities presented by an increasingly integrated and interdependent global economy. Topics include the comparative economic, political, social environment of developed, emerging and transitional economies; cross-cultural management; managing geopolitics and international risk; assessing nongovernmental organisations and the regulation of the international economy such as the WTO and IMF; the costs-benefits of foreign investment; critiques of globalization.

Faculty Faculty of Business and Law
School Newcastle Business School
Availability Trimester 1 - 2016 (WebLearn GradSchool)
Trimester 1 - 2016 (Newcastle City Precinct)
Trimester 1 - 2016 (Sydney Elizabeth Street)
Trimester 2 - 2016 (Newcastle City Precinct)
Trimester 2 - 2016 (Sydney Elizabeth Street)
Trimester 3 - 2016 (WebLearn GradSchool)
Trimester 3 - 2016 (Newcastle City Precinct)
Trimester 3 - 2016 (Sydney Elizabeth Street)
Learning Outcomes

On successful completion of this course, students will be able to:

  1. Analyse international business environments and assess international risk.
  2. Demonstrate understanding of alternative theories, assumptions, debates, and contemporary developments in the area of international business.
  3. Apply theories, models and concepts to issues relating to international trade, economic integration and country attractiveness for foreign direct investment.
  4. Critically discuss issues relating to decision-making and international investment.
  5. Write a critically reflective case study analysis on country attractiveness for investment.
  6. Work independently and collaboratively to analyse the international business environment and communicate the outcomes of a multi-stage project orally and in writing.

This course includes the following topics:

  • Globalization and International Business: Drivers, Opportunities and Threats
  • Culture Differences and International Business
  • National Differences in Political Economy - political economy & international geo-political risk
  • Foreign Direct Investment (FDI) and Country Attractiveness
  • The Global Trade and Investment Environment - politics of international trade; the world trading system; the World Trade Organization.
  • Competing and managing in a Globalizing World - International business strategy and organization; market entry.
  • Regional Business Environments and Regional Economic Integration.
  • This course replaces GSBS6480. If you have successfully completed GSBS6480 you cannot enrol in this course.
Replacing Course(s) This course replaces the following course(s): GSBS6480. Students who have successfully completed GSBS6480 are not eligible to enrol in GSBS6003.
Assessment Items
  • Case Study / Problem Based Learning: Individual Case Analysis
  • Report: Group Project - Written Report
  • Formal Examination: Final Examination
  • Presentation: Group Project - Oral Presentation
Contact Hours
  • Lecture: for 3 hour(s) per Week for Full Term
Timetable 2016 Course Timetables for GSBS6003
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