Recent Papers
05-31-2022
LO1 Put in context globalisation’s impact on business
Scheme of Work
Academic Year 2020-21
Module Code and Title:
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Global Business Aspects
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Module Leader:
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Module Outline
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The module seeks to provide an introductory background knowledge to Global business and aims to provide a perspective on globalisation and how it affects business decisions and the challenges of internationalising your business. You will explore and understand the impact of culture in a changing global workplace in international business and develop a range of effective management strategies in response to the global environment.
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Learning outcomes:
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LO 1
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Put in context globalisation’s impact on business;
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LO 2
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Understand WTO and de-regulation across markets;
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LO 3
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Analyse the functions of an organisations’ functions and culture within a globalised or multinational business.
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Assessment Outline:
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Formative:
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Weekly Activities focusing on the summative assessment.
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Summative:
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- Poster Presentation- 1000 words
- Report- 1,500 words
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Weekly Schedule
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Week
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Topic/ Content
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Session Activities/Reading
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1
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1st Session: 4 Hours Introduction
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Tutor-Led
It is essential to ensure learners understand the module learning outcomes, the indicative content, and the assignment brief.
A detail explanation of how to access support, learning resources and expectations including citations and referencing.
Online Rules-Tutor to explain the significance of maintaining the rules. READING:
Core Texts:
- Worthington, I., Britton, C. and Thompson, E. (2018) The Business Environment: A Global Perspective, 8th Edition, Pearson
Chapter 3: The Global Context of Business (p 39)
Chapter 9: International Business in Action: Migration (p 225) Chapter 13: International Business in Action: A little of bottle (p 337)
- Lecture slides week 1
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To introduce the module
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learning outcomes,
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content delivery, and
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assessment.
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Global Business Aspects:
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1. Globalisation in
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Context: meaning, history, and economic drivers behind globalisation
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2. Globalisation and
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Business:
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benefits and barriers to
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internalisation of
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business.
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Additional Reading: -
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Sloman, J. and Jones, E. (2017) Essential Economics for Business
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(formerly Economics and the Business Environment), 5th Edition, Pearson
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1
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2nd Session: 3 Hours Tutorial
Recap of 1st session
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Tutorial slides week 1
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ACTIVITY:
- What is globalisation?
- Trace the history of globalisation.
- What are the barriers to trading across borders?
- What are the benefits of internationalising your business?
- Explain the economic drivers behind globalisation.
Use the reading materials on the VLE and additional reading
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Workshop- Using the notes you have prepared in Activity 1 above, prepare a Poster for your business. Tutor to lead and encourage students to prepare the poster.
Action: Students to work on completing the Poster for feedback in week 2 tutorial session.
Tutor to use the sample poster on the VLE to guide students and provide immediate feedback.
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2
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1st Session: 4 Hours
Global Thinking and
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READING:
- Worthington, I., Britton, C. and Thompson, E. (2018) The Business Environment: A Global Perspective, 8th Edition, Pearson
Chapter 16: International Markets and Trade (p 389)
- Sloman, J. and Jones, E. (2017) Essential Economics for Business (formerly Economics and the Business Environment), 5th Edition, Pearson
Chapter 12: The global trading environment (p 289)
- Lecture slides week 2
Additional Reading:
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Competing in an
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International
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Environment:
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Trading Blocs; the impact
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of dealing in an
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international scale;
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businesses in global
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markets and the role of
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regional offices,
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subsidiaries, and
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distribution agreements;
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protecting ‘Know-How’ and IPRs and dealing with
countries who have no
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McAleese, D. (2004) Economics for Business: Competition, Macro-Stability and Globalisation, 3rd Edition, Pearson
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laws on IPRs.
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2nd Session: 3 Hours
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Tutorial
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Tutorial slides week 2
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Recap of 1st session
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ACTIVITY:
Brief Tutor-led overview of the main contents of the presentation. Feedback-Poster
Class discussion: Is free trade good or bad?
Individual Activity
Prepare a PowerPoint presentation to demonstrate understanding of WTO and de-regulation across markets.
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3
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1st Session: 4 Hours
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READING:
- Worthington, I., Britton, C. and Thompson, E. (2018) The Business Environment: A Global Perspective, 8th Edition, Pearson
Chapter 17: International Business in Action: Working with the grain (page 417)
Chapter 18: Strategy and Changing Environment
- Sloman, J. and Jones, E. (2017) Essential Economics for Business (formerly Economics and the Business Environment), 5th Edition, Pearson
Chapter 7: Multinational corporations and business strategy in a global economy (page 160)
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Organisational Culture and Climate:
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Explain the consequences of national cultures on global businesses.
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Explore different marketing approaches/ strategies for MNCs.
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Additional Reading:
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Weatherly, P. and Otter, D. (Eds) (2014), The Business Environment:
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Themes and Issues in a Globalised World. 3rd Ed. Oxford: Oxford
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University Press.
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3
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2nd Session: 3 Hours
Recap of 1st session
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Tutorial slides week 3
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ACTIVITY:
- Assignment focus- PowerPoint presentation support and feedback.
- Layout and Format of extended script- students to complete the cover page, table of contents, and introduction.
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4
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1st Session: 4 Hours
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READING:
- Worthington, I., Britton, C. and Thompson, E. (2018) The Business Environment: A Global Perspective, 8th Edition, Pearson
Chapter 17: International Business in Action: Working with the grain (page 417)
Chapter 18: Strategy and Changing Environment
- Sloman, J. and Jones, E. (2017) Essential Economics for Business (formerly Economics and the Business Environment), 5th Edition, Pearson
Chapter 7: Multinational corporations and business strategy in a global economy (page 160)
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Operations and Supply
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Chain
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Explore different international marketing entry strategies.
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Understanding the extended supply chain in global markets.
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4
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2nd Session: 3 Hours Revision:
Re-visit the key concepts and issues covered in the module and link to the requirements of the assignment brief.
Help students to plan their assignment in a structured way using the suggested layout.
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READING:
- Assignment brief and guidance notes
- Lecture notes on VLE
- Additional reading materials on VLE.
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ACTIVITY:
Students to work on their assignment and tutor provides support and guidance.
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Help learners understand how to answer questions using different approaches such as PEEL (point, explain, evidence and link), DDA (define, develop, and apply) that demonstrates knowledge,
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application, and evaluation of concepts.
Facilitate 1-1 sessions with learners.
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Reading and Resources
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Books
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Worthington, I., Britton, C. and Thompson, E. (2018) The Business Environment: A Global Perspective, 8th Edition, Pearson
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Sloman, J. and Jones, E. (2017) Essential Economics for Business (formerly Economics and the Business Environment), 5th Edition, Pearson
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McAleese, D. (2004) Economics for Business: Competition, Macro-Stability and Globalisation, 3rd Edition, Pearson
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Ohmae, K., 1990. The Borderless World, New York: Harper Business.
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Weatherly, P. and Otter, D. (Eds) (2014), The Business Environment: Themes and Issues in a Globalised World. 3rd Ed. Oxford: Oxford University Press.
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Palmer, A. and Harftley, B. (2011), The Business Environment. 7th Ed., Maidenhead: McGraw-Hill.
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Journals
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Research in Globalisation. Available: https://www.journals.elsevier.com/research-in-globalisation . Last accessed [accessed July2019]
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Journal of Business and Globalisation. Available: https://www.indetscience.com/info/inarticletoc.php?jcode=ijbg&year=2019&vol=22&issue=3 . Last accessed [accessed July2019]
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Journal of Comparative International Management. Available: https://journals.lib.unb.ca/index.php/JCIM/index . Last accessed [accessed July2019]
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Development and Change. Available: https://onlinelibrary.wiley.com/journal/14677660 . Last accessed [accessed July2019]
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Journal of Operations Management. Available: https://journals.elsevier.com/journal-of-operations- management . Last accessed [accessed July2019]
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Bloomberg Business Week. Available: https://bloomberg.com/businessweek. Last accessed [accessed July2019]
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Financial Times. Available: https://www.ft.com/ . Last accessed [accessed July2019]
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The Economist. Available: https://www.economist.com . Last accessed [accessed July2019]
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