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EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

EXPORT-ORIENTED MANAGEMENT - IMC Fachhochschule Krems

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Teaching Methods<br />

Students will be encouraged by a communicative and interactive approach to express<br />

themselves concerning the treated subjects. Therefore videos, tapes and authentic texts<br />

and situations will be used. With regard to tasks as vehicles for planning, carrying out<br />

and reporting on language learning and teaching, the didactic elements are: e.g.<br />

simulations, role-play, classroom interaction, presentations, etc.<br />

Evaluation<br />

Assignments, written and oral examinations, presentation<br />

International Business and Strategic Change (PT)<br />

Semester Hours per week Subject code ECTS<br />

Fall 2 IBSC 3<br />

Learning Outcomes / Course Objectives<br />

Upon completion of the course students will be able to:<br />

� know, understand and apply the main tools of strategic management<br />

� recognise and interpret the interaction of departments, business units and<br />

organisations<br />

� evaluate the possibilities of process and corporate management as well as the<br />

implementation of change<br />

Prerequisites / Level<br />

Strategic Management and Planning, Strategic Controlling and Reporting, Corporate<br />

Governance and International Conduct<br />

Course Description<br />

The global business environment is changing dramatically. Any business operation, whether<br />

global or local, large or small, is now impacted by developments in the international arena.<br />

This course is designed to develop skills and awareness for competing effectively in the<br />

dynamic new global business arena. The focus is on changes taking place in the global<br />

environment. The course provides both a general overview of the international dimensions<br />

of management, and a foundation for further, specialized studies in the field. Special topics<br />

include the new opportunities and challenges facing small businesses in the global<br />

economy, and the emerging role of China and India.<br />

The course covers a variety of topic areas related to the contemporary global business<br />

environment, including:<br />

� The Changing Demographics of International Business<br />

� The Challenges of Globalization<br />

� Country Differences in Political Economy and Culture<br />

� The Foundations of Cross-Border Trade and Investment<br />

� Current Developments in Trade and Investment Policies<br />

� The International Financial Environment<br />

� Entering Foreign Markets<br />

� Strategies for Competing in the Global Marketplace<br />

� Managing and Controlling Global Operations<br />

� The New Challenge of Emerging Economies<br />

Literature<br />

Due to accelerated nature of this course, no textbook is required. Consequently, it is<br />

particularly important that students attend all of the scheduled lectures. The course is<br />

structured around the textbook: Charles W.L. Hill, Global Business Today, 5 th edition<br />

(2008), a readable and timely text which covers both the theoretical concepts of<br />

contemporary international business and practical applications through company<br />

FHR-5-0008_Vers.03_Rev.00_2012 142

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