International Business Environment

Description

This course evaluates the following learning outcomes: The student 1.a        Analyses the environment in which an organisation is active and estimates the influence of environmental factors on the functioning of the organisation. 1.b        Understands basic theories, basic terms and basic concepts of strategic management and uses them to critically evaluate the organisational strategy and make proposals to adjust the latter. 1.c        Uses the analysis of a (business) economic problem to develop and propose a solution in line with the organisational strategy. 2.q        Distinguishes and explains the different internationalisation strategies and processes of organisations. 3.a        Detects the impact of regional, national and international environmental factors on corporate policies and estimates the complexity of operating in an international environment when putting together a strategy. 7.a       Collects sources and data in a critical way and assesses their scientific relevance. 7.b       Refers to scientific sources in a correct and consistent way. 7.c       Critically analyses the content of (scientific) sources. 7.d       Critically assesses (scientific) information, data and structures, and processes all this in line with solving (business) economics problem with practical relevance. 9.a        In a team and depending on the context, takes on management, executive or supportive tasks and as such contributes actively to a joint result. 9.b        Listens to the opinion of others and constructively deals with various opinions and cultures. 11.a      Independently or in team, efficiently carries out a clearly defined assignment. 11.b      Demonstrates creativity, takes initiative, assumes responsibility, and sets priorities when carrying out economic (business) assignments. 11.c      Analyses an economic problem in its context, combines data to solve this problem and uses the accumulated multidisciplinary knowledge. 11.f       During a discussion or conversation, explains and defends a view on (business) economic problems. 12.c      Reflects on business and economic thinking and behaviour from a social and ethical point of view. In this course, students acquire insights in the international business environment with the help of concrete international analytical frameworks and tools. Upon completion of this course, the student can : identify the most important factors of the international business environment such as the demographic, economic, technological, social, and political environmental factors which are important to study when an organization wants to be active on the international  and global markets. (1a, 1b, 3a) apply the correct analytical techniques to study these various environmental factors in a correct and critical way ( 1a, 1b, 3a) gather relevant information based in international secondary data in order to be able to study these environmental factors in practice (1a, 3a, 7a, 7d) make in team an international environmental analysis in a critical and structured way by applying the studied analytical frameworks to the gathered data and refer correctly to the used data  (7a, 7b, 7d, 9a, 9b, 11a, 11b, 11c, 12c) formulate proposals concerning international strategies of organizations based on this environmental analysis, also taking into account the social and ethical aspects of these strategic choices    (1b, 1c, 2q, 3a, 11a, 11b, 11c, 11f, 12c) present and defend in a written paper as well as orally in team these proposals on international strategies. (9a, 9b, 11a, 11b,11c, 11f, 12c)