International Business

Mednarodno poslovanje

Course credits:

7.00 ECTS / 30 (30 hours of lectures, 0 hours of exercises, 0 hours of seminars, 0 hours other forms of work)

Course holder:

prof. dr. Andreja Jaklič

Type:

Required

Language:

English

Semester:

First semester

Study degree

2. level

Course execution:

• Postgraduate Programme of International Relations

Prerequisits:

Students are allowed to participate in the course provided that they have completed the enrolment procedure. Principles of Economics and International economic relations (International economics) are requested as a prerequisite. International Political Economy, International Finance are strongly recommended.

Objectives and competences

AIMS: To give students an understanding of the complexities of modern international business. Competences: Understand the variety complexity of risks in international business Recognize and evaluate different foreign entry modes in international business. Use of strategic tools for analysis of business environment (PESTEL, Porter's diamond, C-analysis, value chain analysis) and application of strategic tools in decision making (SWOT, Porter’s five forces, value chain analysis) Communication skills in international business Evaluate internationalization strategy and develop decision making

Content (Syllabus outline)

The course adresses characteristics, risks and analysis of international busines environment and internationalization strategies. International business environment; sources and tools of analysis, caracteristics of emerging market business environment. Business functions and how they change when enterprise operate in international markets (international marketing, IHRM, international finance). Internatioalisation strategy, market analysis and entry modes. Development and growth of multinational enterprises.

Intended learning outcomes:

Student can: Describe and recognize foreign entry modes use strategic tools for analysis of business environment (PESTEL, Porter's diamon, C- analisis, value chain analysis) and present risks apply strategic tools for decision making (SWOT, Porter’s five forces, value chain analysis) make and present internationalization strategy

Learning and teaching methods:

Lectures, seminars, e-learning, consultations, individual or group work with professors, project work, case studies, role playing, simulations, public speaking, company visit.

Assessment

40 % Examination 20 % Reflections 40 % Project work

Obligatory literature

Additional literature