Unit Information BUS219 International Business TJA 2024 This guide should be used in conjunction with the Handbook as the official source of information about this unit. Refer to myMurdoch Learning for on-going communication and your learning and assessment content. Unit coordinator: Coordinator: Dr David Zhang Campus: Kaplan Acknowledgement of Country We acknowledge that Murdoch University is situated on the lands of the Whadjuk and Binjareb Noongar people. We pay our respects to their enduring and dynamic culture and the leadership of Noongar elders past and present. The boodjar (country) on which Murdoch University is located has, for thousands of years, been a place of learning. We at Murdoch University are proud to continue this long tradition. © Published by Murdoch University, Perth, Western Australia, January 2024. This publication is copyright. Except as permitted by the Copyright Act no part of it may in any form or by any electronic, mechanical, photocopying, recording or any other means be reproduced, stored in a retrieval system or be broadcast or transmitted without the prior written permission of the publisher. Contents 1 2 3 Unit information........................................................................................................................................................... 3 1.1 Unit Overview ........................................................................................................................................................ 3 1.2 Learning outcomes ................................................................................................................................................ 3 1.3 Graduate attributes................................................................................................................................................ 3 1.4 General guidance and requirements ..................................................................................................................... 4 1.4.1 Inclusivity Statement ..................................................................................................................................... 4 1.4.2 In case of unforeseen disruption to learning and teaching ........................................................................... 4 1.4.3 Where to get help for your learning success and wellbeing.......................................................................... 4 1.4.4 Key dates and considerations for withdrawing from this unit ........................................................................ 4 1.4.5 Where to find your class ................................................................................................................................ 4 Contact details ............................................................................................................................................................ 5 2.1 Unit coordinator ..................................................................................................................................................... 5 2.2 Teaching team....................................................................................................................................................... 5 How to study this unit.................................................................................................................................................. 6 3.1 Approach to learning ............................................................................................................................................. 6 3.1.1 Learning approach underpinning unit ............................................................................................................ 6 3.1.2 Unit changes in response to student feedback ............................................................................................. 6 3.2 Learning activities & requirements ........................................................................................................................ 6 3.3 Suggested time commitment ................................................................................................................................. 6 4 Unit Schedule ............................................................................................................................................................. 7 5 Assessments .............................................................................................................................................................. 8 6 7 5.1 Assessment summary ........................................................................................................................................... 8 5.2 Assessment information ........................................................................................................................................ 8 5.2.1 Assessment 1 - Online Quiz .......................................................................................................................... 8 5.2.2 Assessment 2 - Team Project ....................................................................................................................... 9 5.2.3 Assessment 3 - Examination ....................................................................................................................... 11 5.3 Academic integrity ............................................................................................................................................... 12 5.4 Extensions and late submissions ........................................................................................................................ 12 5.5 Determination of the final grade .......................................................................................................................... 13 Learning resources ................................................................................................................................................... 14 6.1 All learning resources .......................................................................................................................................... 14 6.2 Essential learning resources ............................................................................................................................... 14 Academic Advice and Student Support .................................................................................................................... 15 BUS219: International Business Page 2 of 16 1 Unit information Welcome to: BUS219 International Business 1.1 Unit Overview This unit prepares you with concepts and theories of global business and functional tools for international business applications. You will learn how to integrate the theories and combine them with the skills needed to conduct international business, with which you will be able to make strategic decisions and support your organisation’s success. The unit allows you to develop a deep understanding of the key theoretical areas of government policy of trade, foreign direct investment, international financial markets, and foreign exchange risk. It will also allow you 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 marketing, production operation, R&D, and HRM. You will learn how to apply these knowledge and skills to solve real-world problems in International Business. 1.2 Learning outcomes This unit enables you to demonstrate your achievement of the following unit learning outcomes. Unit Learning Outcomes Course Learning Outcomes 1. Critically evaluate and integrate theories of International Business, and use them to explain the opportunities and challenges that face International Business managers 1&3 2. Engage in strategic decision-making in complex international contexts, including crossborder business configurations, foreign market entry and the major functional areas of international business 2&5 3. Develop innovative responses to the challenges of international business, and make business decisions that benefit both society and business 1&2 4. Apply theories and concepts to the real world of international business, engage in creative thinking, and develop innovative solutions to problems emerging in complex international business contexts, particularly those in the rising Asia Pacific region 1, 2 & 5 5. Collaborate effectively with others in a team on an international assignment 4 1.3 Graduate attributes This unit will contribute to the development of the following Graduate Attributes: Communication Critical and creative thinking Social interaction Independent and lifelong learning Ethics Global perspective Interdisciplinarity International Business Page 3 of 16 1.4 General guidance and requirements 1.4.1 Inclusivity Statement Murdoch University strives to be a place of belonging for all staff and students. We are committed to supporting and celebrating all community members including all abilities, ethnicities or religions, sexual or gender identities. Homophobia, transphobia, racism, and ablism are not tolerated. For help and support, please see information and contacts in Health & wellbeing in myMurdoch. 1.4.2 In case of unforeseen disruption to learning and teaching A university or campus wide disruption may occur due to natural, political, or other human crisis (e.g., COVID-19). Where it impacts our learning, teaching, and assessment plans, then we will communicate changes relevant to this unit via myMurdoch Learning. Also pay attention to student announcements and myMurdoch for university wide information. For individual needs, consult with Access and Inclusion to see if an individual Access and Inclusion (EQAL) plan is appropriate, or for specific assessment item adjustments, see your Unit Coordinator. 1.4.3 Where to get help for your learning success and wellbeing Please refer to Support & Advice via myMurdoch for all the information you need for your studies. This includes: 1.4.4 Student admin, Exams, Policies (refer to Assessment Policy and others), Key dates, Complaints and appeals Learning and study support, including information about Academic Integrity and Murdoch Academic Passport Health and wellbeing information, including Accessibility services, Medical and counselling services, Aboriginal and Torres Strait Islander support, and Sexuality and gender diversity support o Contact Access and Inclusion if you have a disability, Specific Learning Disorder or health condition (including mental health condition), are pregnant or breastfeeding or are caring for a person with a disability, and require support in accessing your studies. o Kulbardi Aboriginal Centre provides support for Aboriginal and Torres Strait Islander students. Key dates and considerations for withdrawing from this unit If you are considering withdrawing from this unit, see the Withdrawing page for general information and implications. See the Teaching Periods page for implications of withdrawing at different times of the teaching period, including Census Date, and search for the specific dates for your current teaching period. 1.4.5 Where to find your class To find any location at Murdoch, use Murdoch Maps. International Business Page 4 of 16 2 Contact details 2.1 Unit coordinator Name: David Zhang Discipline: Management Campus: Murdoch Email: Z.Zhang@murdoch.edu.au Phone: 93606025 2.2 Teaching team You will be notified who your local teaching team is at the beginning of the teaching period. The teaching team member will provide you with their contact details. Name: Role: Campus: Email: Phone: International Business Page 5 of 16 3 How to study this unit 3.1 Approach to learning 3.1.1 Learning approach underpinning unit The learning and teaching approach informing the assessment and activity selection and design in this unit is studentcentred, constructivist, and outcome-based, featuring predominantly active learning strategies with tasks that are authentic and scaffolded. 3.1.2 Unit changes in response to student feedback This unit has been adapted to accommodate student preferences for more online learning. Additional activities have been developed to support student engagement with the process of learning. Student feedback is encouraged and appreciated at all times via email to the Unit Coordinator. 3.2 Learning activities & requirements The unit uses blended learning which combines learning online with interactive workshops. Using this combination of online and face-to-face learning provides flexibility for all students to learn anytime (24/7), anywhere (with an Internet connection) at a pace that suits their learning style. In this unit students explore concepts online prior to workshops, through videos, audio, websites, simulations, and readings. There are 6 x 3.5 hour per fortnightly workshop sessions plus a 1 x 3 hour additional session. Workshops (online or face-to-face) are interactive and use active learning such as guided instruction (e.g. small group and whole class discussion), role plays, simulations, case studies, scenariobased tasks, problem-based tasks, project-based tasks and enquiry-based tasks. Students are to watch online lectures and undertake required readings prior to attending the workshop. 3.3 Suggested time commitment As this is a 3 credit point unit, we expect you to spend on average 12.5 hours per week for the total weeks of this teaching period (or 150 hours overall) working on this unit. This includes in and out-of-class preparation time. International Business Page 6 of 16 4 Unit Schedule See myMurdoch Learning for details of all learning activities and assessments. Week 2 5 7 9 11 Workshop session Topics Chapter in the Textbook 1 Introduction & the rise of globalisation Chapter 1 The rise of globalisation 2. The evolution of international business Chapter 2 The evolution of international business 3. Regional economic integration and the International flow of funds and exchange rates Chapter 3 Regional economic integration 4. The cultural environment Chapter 5 The cultural environment 5. The legal and political environment Chapter 6 The legal and political environment of global business 6. Corruption and ethics in international business Chapter 7 Corruption and ethics in international business 7. Entry strategies in global business Chapter 8 Entry strategies in global business 8. Controls of global business Chapter 9 Control of global business 9. Organisation of global business Chapter 10 The organisation of global business 10. International HRM & international marketing Chapter 11 Global HRM 2. Chapter 4 International flow of funds and exchange rates Business proposal 10% 3 days after Week 5 session Quiz 1 10% By the end of Week 7 The major report 30% 3 days after Week 11 session Quiz 2 10% By the end of Week 13 Exam 40% TBA 3. 4. 5. 11. International operations and supply chains 14-15 Due 1. Chapter 12 Global marketing 13 Assessment items 6. 12. Other operational perspectives of international business: finance, accounting and taxation Chapter 13 Global operations and supply chains Chapter 14 Global financial management Chapter 15 Accounting and taxation in global business Exam International Business Page 7 of 16 5 Assessments Assessment for this unit is conducted in accordance with the Assessment Policy. 5.1 Assessment summary Assessment Name Description Unit Learning Outcomes 1 Online Quiz Open book Multiple choice questions 1, 2 2 Team project (Business plan) No. Weight % 20% Individual / Group Due Date and Time Individual Weeks 7 &13 1). Project Proposal 10% 3 days after Week 5 session 1, 2, 3, 4, 5 40% Group 40% Individual 3 days after Week 11 session 2). Project report 30% 3 Examination Open book Short answer and long answer questions 1, 2, 3, 4, 5 5.2 Assessment information 5.2.1 Assessment 1 - Online Quiz Exam Week ASSESSMENT DESCRIPTION The assessment consists of two open-book quizzes with multiple choice questions in Week 7 and Week 13, respectively. 30 minutes for each quiz. GUIDELINES for SUCCESS The quiz will assess and provide feedback on the coverage of the knowledge students have gained from the textbook. To do well in the quiz, you need to read relevant chapters in relation to the workshops. HOW TO SUBMIT Online via LMS site. HOW IT IS ASSESSED (summary) Your assessment outcome will be provided to you via the LMS site. FEEDBACK FOR LEARNING You need to reflect the assessment outcome in reference to the relevant chapters in the textbook to find out where to improve, and consult with the lecturer if necessary. International Business Page 8 of 16 FURTHER DETAILS See myMurdoch Learning for further details, such as instructions, communication, resources, guides, exemplars and a descriptive rubric assessment tool. 5.2.2 Assessment 2 - Team Project ASSESSMENT DESCRIPTION This is a team-based project. Students need to conduct a feasibility study into international business opportunities for a local business organisation and report it in the form of a business plan. Students should work on the project progressively throughout the course. There are a number of reasons for this project. It will prove to be an enjoyable and very useful exercise for integrating and applying topics, techniques and concepts studied during the course. However, it can also be challenging and frustrating, like many big projects in over the course of your lifetime. It will test your resolve and initiative, as business education should. It will provide practice in guided research, data acquisition and analysis, and professional management report writing. Finally, a well-conceived and thorough report of which you can be proud can be listed on your curriculum vitae and used effectively when searching for employment. The project has two parts, a project proposal and the major report. Details are explained below. Part 1: Project Proposal (10%) Due: 3 days after Week 5 session Details: no more than 500 words (2 pages) Students should self-select groups of 4. No group can have more than 4 students. Group leaders should email their group members’ names to the lecturer by workshop 4 Each individual of the group must submit a two-page project proposal to the lecturer no later than workshop 4. Attach a cover page addressed to the unit coordinator (lecturer). It is recommended that students structure their report as is specified in the project proposal marking guide. The group should choose one of the project proposals completed by its individual members for its major project. It should mention: 1. the company to be studied 2. target country 3. nature of venture (export, licence, franchise, joint venture, etc.) 4. indicative list of information sources (Full bibliographic details of actual books, articles, reports, bulletins, surveys, etc. Ten to fifteen references are sufficient at this stage. 5. anticipated difficulties in completing the project 6. solutions to overcoming these difficulties 7. preliminary list of chapters/sections of final report. Do not provide background history of the company or country. International Business Page 9 of 16 Part 2: Major Project Report (30%) Due: 3 days after Week 11 session Details: 4000 words excluding exhibits, appendices and attachments. Students should refer to the Major Project Report marking Guide for a proper structure of their report and understand how their work is to be assessed. The guide is located in the Appendix folder of this unit at LMS Remember that the task is to develop a feasibility study or a business plan to evaluate the prospects of a local product or service in a foreign market. It is an important decision for students involves the selection of both the country and a project worthy of analysis. Unless students can settle this issue early in the course, they will find it difficult to complete the assignment. So, it is recommended to starting early to collect good ideas regarding the most favourable products and business prospects in various countries of interests. A hypothesised company sourced from the internet is acceptable. However, if students know of local companies with international operations or plans for such operations, it might be possible for students to work on such a study with the support and assistance of an interested company; and it will prove to be of great facilitation to the understanding of real world business. Some help will be available from the lecturer and tutor. However, students are expected to use their initiative and to become self-reliant and independent investigators. Library and internet research are highly recommended in order to obtain data on foreign markets, industries and companies. Avoid long and tedious sections of material copied from books or other sources. Concentrate on project-relevant data and rigorous analysis of project fundamentals. Selectively use material that has a direct bearing on your project. Important Notice A particular firm can be studied by no more than one group. Under no circumstances may a group or individual submit work that has previously been submitted, or is concurrently being submitted, in whole or in part, for any other unit without the consent of the local lecturer or the unit coordinator of this unit. Project reports submitted for Marketing units cannot be used for this unit. Peer assessment will be used to measure each individual student's contributions to the group performance. Any student who fails to contribute a reasonable share of the group's work will receive a lower grade, as in the real world of management. Group members will be expected to behave like responsible managers in an organisation, and to display courtesy and consideration towards fellow group members, working together as partners to complete a TEAM project. Groups should inform the lecturer as early as possible if they have any issues or conflicts in working as a team. Each group is required to keep minutes of group meetings, recording who was present, who agreed to do what and by when, and whether work previously promised was delivered to a satisfactory level of quality. The report should be typed (one and a half spaced) with 2.5cm margins. Pages should be numbered. There should be a Table of Contents, Introduction, Conclusion and Bibliography in addition to other chapters/sections. Groups should strictly follow the marking guide framework. The first inside page should state the following: Disclaimer: The information contained in this report is given in good faith and was derived from sources believed to be reliable and accurate. The report was prepared by students as a required component of their academic assessment. The reader should not act on the basis of any information or recommendations contained in the report without seeking specific advice from the firm's professional advisers. While due care has been taken in the preparation of this document, Murdoch University together with its academic supervisors and students accepts no responsibility for errors or omissions, nor do they guarantee its accuracy. GUIDELINES for SUCCESS To do well in this assessment, you need to conduct research on the chosen company and target country market, and relate your research to what you learn in the workshops and textbook. Remember, the three most important factors in the successful completion of this project are: International Business Page 10 of 16 • an early start • a careful choice of company and host country • productive and harmonious group work. HOW TO SUBMIT Team leader to submit the project proposal and the project report via LMS. HOW IT IS ASSESSED (summary) See assessment guidelines for project proposal and project report, respectively, in the LMS site. Your assessment outcome will be provided to you via LMS. FEEDBACK FOR LEARNING Student will receive the feedback on the proposal and report, respectively, via LMS together with the assessment outcome. FURTHER DETAILS See myMurdoch Learning for further details, such as instructions, communication, resources, guides, exemplars and a descriptive rubric assessment tool. 5.2.3 Assessment 3 - Examination ASSESSMENT DESCRIPTION Open book exam consisting of short answer and long answer questions. The final examination will focus on the understanding and application of theory, concepts and international business processes. It will be based on all assigned readings. The final examination is worth 40% of assessment and will be of 2 hours duration. There will be a short answer section in which you will need to complete two or three questions with straight and direct answers; discussions are not required for this section. The second section will be a long answer section, in which you can choose to answer two questions from three or four options. You will probably be asked to illustrate your answers by using the assigned readings in the text or the cases that you have studied in the workshops. Your marks for this section will be determined by the quality of your discussions, and how appropriate your choice of cases is and how well you can relate your answers to the cases. All chapters are examinable. GUIDELINES for SUCCESS To do well in the exam, students need to read the textbook in reference to what you learn from the workshops. HOW TO SUBMIT Online via LMS. International Business Page 11 of 16 HOW IT IS ASSESSED (summary) You will be assessed on your understanding and application of theory, concepts and international business processes in answering these questions. Your assessment outcome will be provided to you via LMS. FURTHER DETAILS See myMurdoch Learning for further details, such as instructions, communication, resources, guides, exemplars and a descriptive rubric assessment tool. 5.3 Academic integrity Murdoch University expects students and staff to pursue the highest standards of integrity in all academic activity. Academic integrity involves behaving ethically and honestly in scholarship and relies on respect for others’ ideas through proper acknowledgement and referencing of publications. Academic misconduct is treated seriously and penalties may apply. More information about academic integrity can be found at https://goto.murdoch.edu.au/learningstudy. To help you learn about academic integrity practices, all students are required to complete the Murdoch Academic Passport (MAP100). Please also note the library citation guide. Murdoch University makes use of content matching software to detect submitted work that is not original. When you submit an assessment to myMurdoch Learning, it is checked by this software. Your Unit Coordinator may apply other processes to verify that your submitted assessment is your own work. In this unit, we undertake these practices to assure academic integrity: University provided software. 5.4 Extensions and late submissions All assignments are to be uploaded into LMS Late assignments will incur a penalty of 10% deduction (3 marks) per day of delay. Extensions have to be approved by the unit coordinator with medical certificates provided or in exceptional circumstances. Such circumstances do not include computer failures, car breakdowns, public transport problems and work commitments, other study commitments or social functions. Referencing check software, Urkund, will be used as a developmental tool for study. Prior to any assignment submissions, students need to submit their work to Urkund, obtain the result report and attach the report to any hardcopy submissions. Multiple submissions to Urkund will be allowed so that students can improve the referencing according to the report. Only the latest report is needed for the hard copy submissions. Group leaders should submit their major projects to Urkund on behalf of their groups. Students should keep a copy of all work submitted for assessment. This unit follows Murdoch policies and procedures with regards to extensions and late submissions, supplementary and deferred assessment. Students who feel that their disability, medical condition or disability caring responsibilities may impact on their capacity meet assessment submission are strongly advised to visit Access and Inclusion as early as possible to discuss potential needs and assistance. International Business Page 12 of 16 5.5 Determination of the final grade Refer to Reporting of Results in the Assessment Policy for information about marks and grades. International Business Page 13 of 16 6 Learning resources 6.1 All learning resources Your learning resources and any updates are provided through myMurdoch Learning (LMS) in the myMurdoch portal. Learning resources within the myMurdoch Learning online environment for this unit will be 1. integrated within the sections and learning activities and/or 2. through tools such as: o My Unit Readings o Collaborate o Echo360 o PebblePad The specific types of learning resources that we use include textbook and recommended readings. 6.2 Essential learning resources Essential to success in this unit are these learning resources: Resource details Resource type Available Gaspar. Introduction to Global Business: Understanding the International Environment & Global Business Functions. 2nd ed., Cengage, 2017. ISBN 9781305501188 Textbook Purchase from bookshop Other resources and further recommended resources will be provided during the teaching period. International Business Page 14 of 16 7 Academic Advice and Student Support Need guidance on study related issues? Use this flowchart or seek direct assistance from Student Support Services or MyMurdochAdvice. If you have…? Questions about content covered in tutorials or practical sessions. General questions about completing assessments. Concerns about another student or your learning needs. Lecturer (Local Affiliate) Positive and constructive feedback. Questions about unit content, assessments, attendance or tutorial times. Questions on marked assessments. Request a re-mark/review of a marked assessment. Academic issues with your learning in this unit. Lecturer (Local Affiliate) or Local Administration Office Positive and constructive feedback. Academic and assessment issues that haven’t been adequately addressed by the Affiliate/Local Lecturer Academic issues relating to progression through your degree, withdrawal from a unit or intermission. Unit Coordinator or Local Administration Officer or Academic Chair Positive and constructive feedback. Academic, assessment or other issues that haven’t been adequately addressed by your Affiliate/Local Lecturer and or Academic Chair or you aren’t comfortable discussing with your Academic Chair. Formal request for re-mark/review in accordance with policy and procedure, where Unit Coordinator has not undertaken. Complaints or appeals relating to your studies that haven’t been adequately addressed. Visit Complaints and Appeals for more advice. Local Administralion Office or Head of Discipline Positive and constructive feedback. To further escalate an appeal or complaint, contact the Dean Learning and Teaching and/or see Complaints and Appeals for formal appeals procedures. STUDENT SUPPORT SERVICES: https://goto.murdoch.edu.au/supportservices LEARNING AND STUDY SUPPORT: https://goto.murdoch.edu.au/learningstudy MYMURDOCH ADVICE: https://goto.murdoch.edu.au/mymurdochadvice COMPLAINTS AND APPEALS: https://goto.murdoch.edu.au/ComplaintsAppeals --- END OF DOCUMENT --- COMPLAINTS AND APPEALS: https://goto.murdoch.edu.au/ComplaintsAppeals International Business Page 15 of 16 --- END OF DOCUMENT --- International Business Page 16 of 16