MMM001-International Strategic Management

Module Provider: International Business and Strategy
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Prof Rajneesh Narula


Summary module description:
The objectives of the course include: an understanding of the conceptual and analytical tools of strategic management and economics as applied to international strategy; an understanding of the complexity that accompanies international operations as a result of geographical diversification and changing market, and technological, conditions.

International strategic management is concerned with the factors that influence the development and the competitive positioning of multinational enterprises (MNEs). This requires an understanding of both the external international business environment and the internal nature of the firm, its structure and strategy. A company’s strategy provides the context within which managers decide what to do, and what not to do, with respect to resource allocation, market selection and organizational development.
In this module we shall introduce students to:
• the core concepts and models underlying contemporary international strategic management;
• their theoretical and empirical foundations;
• their limitations, and the arguments surrounding them;
• their practical application to real issues facing real world companies.

Assessable learning outcomes:

By the end of the module students should be able to:

• describe the frameworks and models used in international strategy analysis.

• explain the academic reasoning underlying them.

• engage effectively in discussions concerning their relevance and appropriateness, both in general academic terms and in the context of particular firms, situations and environments.

• analyse the strategic issues facing a particular company in a logical and disciplined way.

Additional outcomes:
Students will learn to work independently under pressure of time and make strategic decisions on the organisation of their work. They will also develop generic skills for future employment and professional development.

Outline content:
Theories, frameworks and introduction;
Internal resources and competencies of firms;
External environment in which firms operate;
The process of internationalisation;
globalization and regional integration
Collaborative behaviour and strategic alliances.
Integration/ responsiveness framework and strategy

Multinational strategy
Organizational structures
Innovation, entrepreneurship

Brief description of teaching and learning methods:

Detailed guidance on the main topics of the syllabus and key references are provided in 10x2 hour sessions of lectures, questions and discussions. Students are required to do a significant amount of reading of journal articles, chapters of books, statistical sources and websites of national and international organisations.

There are three tutorials.  Tutorials are compulsory to attend. The purpose of the tutorial session is to help students understand the key concepts and some of the key theoretical frameworks by application to real world companies with the case study method.

Contact hours:
  Autumn Spring Summer
Lectures 20
Tutorials 4 2
Guided independent study 174
Total hours by term 198.00 2.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written assignment including essay 30
Set exercise 10
Class test administered by School 60

Other information on summative assessment:

The information on Coursework and Relative percentage of coursework should be indicated in the tables above on Summative and Formative Assessment Methods. The information on Penalties for late submission is only required if it differs from the University standard, otherwise leave blank.

Coursework Students will be assigned to tutorial teams, which will be between 4 and 5 students. Tutorial attendance and participation is worth 10% of the total mark. 

The written team assignment will be a collective piece of work, based on the analysis of a case study, worth 30% of the total mark, submitted by a specific date. There will be two class tests; Test 1 is worth 20% and Test 2 is worth 40%.

Relative percentage of coursework: Coursework has a 100% weight in the overall assessment of the module.

Formative assessment methods:

Penalties for late submission:

Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Length of examination:

Requirements for a pass:

The pass mark is 50%+

The merit mark is 60%+

The distinction mark is 70%+

Reassessment arrangements:

Reassessment arrangements are by individual assignment only and the mark is capped at 50.

Additional Costs (specified where applicable):

Last updated: 31 March 2017

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