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COURSE SYLLABUS

International Business Environment 7.5 credits

Internationell affärsmiljö
First cycle, M0022N
Version
Course syllabus valid: Autumn 2021 Sp 1 - Present
The version indicates the term and period for which this course syllabus is valid. The most recent version of the course syllabus is shown first.


Education level
First cycle
Grade scale
U G VG *
Subject
Business Administration
Subject group (SCB)
Business Administration
Main field of study
Business Administration

Entry requirements

In order to meet the general entry requirements for first cycle studies you must have successfully completed upper secondary education and documented skills in English language and completed courses of at least 30 credits in the subject area Business Administration with at least the grade Pass. This must include the following course: Principles of Marketing (M0015N) 7,5 credits, or equivalent knowledge. Good knowledge in English, equivalent to English 6.


More information about English language requirements


Selection

The selection is based on 1-165 credits.



Course Aim
After passing the course, the student should be able to:

Knowledge and understanding
1. Describe and explain key concepts, theories and models related to the international business environments and strategies used in international business.

Competence and skills
2. Apply tools and concepts related to international business in order to analyze what companies/organizations and their brands face in an international market.
3. Analyze internal as well as multiple external environmental forces that a company faces, including but not limited to the cultural/social, political/legal, and economic/financial environments.
4. Conduct and report an internal and external (SWOT) analysis of an actual company/brand going to an international market they have currently not entered.
5. Identify and analyze the implications for such companies strategically in this international market. 

Judgement and approach 
6. Analyze and evaluate international business with the help of theories and research connected to the area. 
7. Apply an analytical approach to define problems faced by companies in international markets and critically reflect upon their potential strategic opportunities in that market. 
8. Critically reflect on phenomena related to the international business environments and strategies used in international business.


Contents
In international business, an understanding of the internal strengths and weaknesses, as well as external opportunities, is vital for success in new, international markets for companies/organizations and their brands. The course aims to provide in-depth knowledge of what needs to be considered before entering an international market. Areas covered in the course include: The importance of international business and the increasing role of globalization on both SMEs and MNEs; the role of external business environments related to cultural/social issues, political/legal issues, and economic/financial issues that companies face when crossing a national border into a new market; a look at some of the early strategic decisions that companies must make before they enter an international market; and the different aspects of international business on both a strategic and tactical level.

Realization
Each course occasion´s language and form is stated and appear on the course page on Luleå University of Technology's website.
This course includes lectures, seminars, individual assignments, and group assignments. The students will work on a comprehensive group project that prepares them for aiding the decision for recommending whether an actual company should enter an international market or not. The course is given in English; thus, students will practice their ability to communicate in spoken and written English.

Examination
If there is a decision on special educational support, in accordance with the Guideline Student's rights and obligations at Luleå University of Technology, an adapted or alternative form of examination can be provided.
The course is assessed through both individual and group assignments. 
Course aims 1-7 are assessed through a group project. 
Course aim 8 is assessed through individual assignments.

Active participation and attendance is required to pass the course. 
Results from all parts of the examination are weighted together for the final course grade (U/G/VG).


Remarks
Students must register for the courses themselves, or contact ETS educational administration eduets@ltu.se, not later than three days after the quarter commences. Failure to do so can result in the place being lost. This rule also applies to students with a guaranteed place.

Due to similar content, the course can not be included in a degree together with the course M0007N or other courses with similar content.

Examiner
Tim Foster

Transition terms
The course M0022N is equal to IEM506

Literature. Valid from Autumn 2021 Sp 1 (May change until 10 weeks before course start)
Wild, J.J. & Wild, K.L. (latest edition), International Business, Prentice Hall
Literature might be added.

Course offered by
Department of Social Sciences, Technology and Arts

Modules
CodeDescriptionGrade scaleHPStatusFrom periodTitle
0003Group projectU G#5.50MandatoryA21
0004Individual assignmentsU G#2.00MandatoryA21

Study guidance
Study guidance for the course is to be found in our learning platform Canvas before the course starts. Students applying for single subject courses get more information in the Welcome letter. You will find the learning platform via My LTU.

Syllabus established
by 28 Feb 2007

Last revised
by Director of Undergraduate Studies Daniel Örtqvist, Department of Social Sciences, Technology and Arts 17 Feb 2021