International Business 

Unit description


Business Negotiations: An International Perspective 
To succeed in the fiercely competitive global market of the 21st century, it is necessary to develop managers and potential managers with the capability to negotiate complex transactions in an international setting. This requires knowledge and skills of negotiation and, in the global
context, to possess cultural knowledge and understand a culture’s impact on the negotiating process. This unit analyses the nature of negotiation, examines negotiating strategies and considers the challenges faced by negotiators in an international setting.
 


Comparative Corporate Governance and International Operations 
Today’s business leaders must implement internal processes alongside corporate governance best practices that create value for both shareholders and societal stakeholders, including customers and staff. The advent of disruptive business models coupled with complex economic, environmental, political and technological factors, forces businesses to use corporate governance mechanisms and intermediaries to complement their increasingly globalised operations to achieve sustainable development in an often dynamic and uncertain economy. 


Global Strategic Management 
This unit draws together prior management learning and prepares you to think strategically by looking at all the issues and problems affecting the strategic initiatives of an international organisation. This unit will provide you with frameworks for the analysis of problems and
issues
  in managing an international business. It focuses on contemporary worldwide issues of competitiveness and how these are influenced
by the cultural, political and economic environments, and the key functional areas of a business.
 


International Business 
This unit prepares students with concepts and theories of international business and functional tools for international business applications. It allows students to develop a deep understanding of the key theoretical areas of cross-border differences in the globalisation process, foreign direct investment, foreign exchange risks, international trade and international financial markets.

It also allows students to acquire the skills of strategic decision-making in cross-border business configurations, foreign market entry and the major functional areas of international business such as human resource management, marketing, production operations, and research and development. Students will learn how to apply these knowledge and skills to solve real-world problems in international business. 


International Logistics 
This unit prepares students for current international logistics practice. With growing international trade, there is an expanding array of issues that business managers must consider when seeking to expedite the movement of goods and services. Taking a functional approach, the unit reviews how the international transportation of cargo can best be managed and where appropriate, priority will be given to issues relevant to business interests in order to offer a practical and relevant focus. 


Introduction to International Finance 
This unit introduces major markets and environments that facilitate international business. It describes relationships between
exchange rates and economic variables, and explains the forces that influence these relationships. Furthermore, the market for foreign exchange derivatives and the essential features of derivative products are discussed.
 

Businesses evolve into multinational corporations so that they can capitalise on international opportunities. Financial managers should be able to assess the international environment, recognise opportunities, implement strategies, and assess exposure to risk and manage that risk.