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1997 Swinburne Higher Education Handbook

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towards business that encourages and supports innovation<br />

and creativity as essential components of successful business,<br />

and to provide some basic practical skills for the<br />

management of ideas within the business. Internationalism<br />

and technology will be inherent themes, and the subject will<br />

draw on the knowledge gained in other subjects of the MBA.<br />

Specific objectives include:<br />

to establish a framework that encourages managers to<br />

seek out, encourage and utilise opportunities for<br />

creativity and innovation to generate sustainable<br />

competitive advantage;<br />

to examine some of the methods for generating high<br />

value-added products (goods or services) through the<br />

application of ideas/intellectual skills/creativity;<br />

todevelop the skills and knowledge necessary for<br />

managers and their enterprises to respond positively and<br />

creatively to changes in their operating environment.<br />

Content<br />

Topics to be covered include:<br />

the importance of innovation in business operations:<br />

encouragement and management of innovation, new<br />

product development, process innovation, and R&D;<br />

market driven behaviour: making marketable products<br />

rather than customary or easily-made products; creation<br />

of new markets;<br />

building ideas into products: product design quality,<br />

production quality control, image, support and service,<br />

manufacturing technologies, ~roductivit~;<br />

entrepreneurship and intrapreneurship: new ventures,<br />

judgement, risk taking; managing and decision support<br />

in an uncertain environment; management of<br />

innovation: seeking opportunities in a changing<br />

environment; adapting management styles and the<br />

organisation to fit change and to encourage innovative<br />

ideas.<br />

Textbooks<br />

Foxall, G.R. Corporate Innovation: Marketing & Strategy. London,<br />

Croom Helm, 1984<br />

Twiss, B.C. Managing Technological Innovation. 3rd edn, London,<br />

Longman, 1986<br />

Recommended reading<br />

Tushman, M.L. and Moore, W.L. Readings in the Managernat of<br />

en Innovation. Boston, Pitman, 1982<br />

z-<br />

BB801 International Business<br />

2 hours per week Hawthorn Prerequisite: nomally all<br />

subjects taught in the firs tenof the course. This subject is a<br />

$ compulsoy pn of the MBA fi a11 students. Assessment<br />

assignments, presentations, tests.<br />

A subject in the Master of Business Administration<br />

Objectives<br />

The purpose of this subject is to ensure that managers and<br />

prospective managers are aware of the basics of international<br />

business operations - exporting, importing, licensing,<br />

foreign exchange, and foreign investments, and of the special<br />

features of the world economic, social and political<br />

environment in which companies function.<br />

The objectives:<br />

to provide a framework for international business and<br />

for the role of the manager in an international setting;<br />

to raise awareness of the opportunities in international<br />

trade (particularly export) and investment, and to<br />

examine some of the obstacles;<br />

to examine some of the most unusual aspects of the<br />

economic environment of the international operator -<br />

the world monetary system, foreign exchange markets,<br />

multinational organisations, and balance of payments,<br />

particularly as they affect Australian exporters.<br />

Content<br />

the basis for international trade;<br />

the basis for international factor movements;<br />

barriers to international business;<br />

the world monetary system and foreign exchange;<br />

balance of payments;<br />

international reach of trade practices;<br />

foreign direct investment;<br />

organisation of international operations;<br />

export management;<br />

the role of marketing in economic development;<br />

trading with the socialist economies;<br />

global marketing management;<br />

human resource management;<br />

ethics in international business operations;<br />

cultural diversity and business operations;<br />

financing International Trade Risk Management and<br />

International Business;<br />

special problems of international operations from<br />

Australia.<br />

Recommended reading<br />

Selvarajah, C.T. and Cutbush-Sabine, K. International Business.<br />

Melbourne, Longman Cheshire, 1991<br />

Wider reading of other textbooks, journals and magazines<br />

are essential in this subject. For example, Australian<br />

Financial Review, Australian Business, Far East Economic<br />

Review, Asia Magazine, Business Review, Columbia Journal<br />

of World Business, International Management and Journal of<br />

International Business Studies<br />

88802 Management 4: (Technology and<br />

Management)<br />

2 hours per week Hawthorn Prerequisite: nil<br />

Assessment: assignments, presentations, tests. This is<br />

compulso y for all students.<br />

A subject in the Master of Business Administration<br />

Objech'ves<br />

The principal aim of this subject is to prepare managers for<br />

operating in a business environment in which advancing<br />

technology is an increasingly important part of the process<br />

of doing business.<br />

Specific objectives include:<br />

to examine the increasingly important role of

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