Multinationals and European Institutions (B)

Description

The student identifies the international ‘(European) environment in which companies, and in particular multinationals, operate (1.a, 3.a) The student masters the major European policy areas and their impact on business (1.a, 3.a., 3.g) The student distinguishes and can explain how the different global strategies of the MNE determine which foreign entry modes are adequate (2.q.) The student masters the functioning of the institutions of the European Union (3.g) The student can analyse the determinants of successful internationalization by MNEs through different theoretical perspectives: transaction cost theory, institutional theory and resource dependence theory (3.i.) The student analyses and explains current European issues (3.g, 11.c) The student carries out an international business strategy project for a company in a team and divides tasks to come jointly to a recommendation (9.a). The student can apply an international business strategy model, gather data at firm, industry and country level to propose an adequate international business strategy (11.c.) 1.a. analyses the environment in which an organisation is active and estimates the influence of environmental factors on the functioning of the organisation. Can reflect on how the ERS worldview can influence assumptions regarding causes and solutions in the context of societal challenges and derive strategic action points for companies. 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. 3.g. from a multidisciplinary perspective (and on the economic, legal, historic and social level), situates, analyses and evaluates the main powers and policies of international organisations regarding international trade and investment. 3.i. describes the perspectives of economic science, uses them in a (business) economics context and reflects critically on them. 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. 11.c. analyses an economic problem in its context, combines data to solve this problem and uses the accumulated multidisciplinary knowledge. ERS doelstellingen/aims Is able to explain and critically analyze the theoretical frameworks and regulations in the context of ethics, sustainability, and responsibility