Area of Study
Business, Business Administration, Business Management, Intercultural Management, International Business, International Management
Taught In English
This unit of study is designed for management, business, marketing, engineering, finance and employment relations fields of study.
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits4
Recommended U.S. Quarter Units6
Hours & Credits
OverviewDescriptionThis subject examines the management challenges associated with the strategic and operational management of organisations whose activities stretch across national boundaries. It develops a conceptual framework which enables students to understand the interplay between the multinational corporation, the country in which it does business, including an understanding of the psychological, social, political and economic forces useful for managers and consultants involved in multinational organisations and cross-border management. Through theory, cases, readings and research articles, the subject considers approaches to the development of strategy, organisational capabilities, and management challenges for operating in the global economy. It provides comprehensive understanding of managerial processes such as, cultural diversity, the entrepreneurial process (identifying and acting on new opportunities), the integrative learning process (linking and leveraging those pockets of entrepreneurial initiative), and the leadership process (articulating a vision and inspiring others to follow).Subject objectivesUpon successful completion of this subject students should be able to:1. explain market opportunities, sourcing advantages and strategic imperatives that drive transnational organisations in globalising their business2. discuss the psychological, social, political and economic forces useful for managers and consultants involved in multinational organisations and cross-border management3. examine the challenges facing present and future transnational organisations4. apply skills in critical and analytical thinking, written and oral communication, and international teamwork to research in transnational management.This subject also contributes specifically to the following program learning objectives:Show an understanding of essential concepts necessary for a career in business and related professions (1.1)Critically evaluate data and resources in the context of relevant academic literature (2.2)Demonstrate an awareness of conflicting ethical demands of various stakeholders within business and related professional environments (4.1)Evaluate business responses to ethical issues and dilemmas (4.2)Critically analyse the core professional obligations, values and operations of organisations, including sustainability (4.3)Apply technical skills necessary for professional practice in business (5.2)Contribution to the development of graduate attributesThe course centres on the implementation and control of various strategies through the study of evolving global and transnational management tools, practices and research. This course is designed to facilitate the students' ability to critique, design, construct and implement business and corporate level strategies in this new arena, taking into account emerging theories and trends via current events and the study of new business ventures.Teaching and learning strategiesThis subject is taught in three-hour, face-to-face workshop classes scheduled on a weekly basis. Classes are structured around lectures, informal class discussions, case analysis and student project work. Discussions are supported by materials from the textbook, articles, video cases and international case materials, in addition to some guest lecturers.ContentUnderstanding the motivations, means and mentalities for expanding abroadUnderstanding the international context and responding to conflicting environmental forcesBuilding layers of competitive advantageManaging integration responsiveness and flexibilityMaking global strategies workCreating world-wide innovation and learningBuilding multidimensional capabilitiesThe future challenges facing transnational organisationsAssessmentAssessment task 1: Mid-term Examination (Individual)Objective(s):This addresses subject learning objective(s):1 and 2Weight: 50%Assessment task 2: Final Examination (Individual)Objective(s):This addresses subject learning objective(s):1, 2, 3 and 4This addresses program learning objectives(s):1.1, 2.2, 4.1, 4.2, 4.3 and 5.2Weight: 50%Minimum requirementsStudents must achieve at least 50% of the subject?s total marks.
Courses and course hours of instruction are subject to change.
Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.