International Business (B-KUL-HBA01H)

3 ECTSEnglish26 First term
Sels Annabel (coordinator) |  Sels Annabel |  Slangen Arjen
OC Business Administration FEB Campus Brussel

The student identifies the international (European) environment in which companies, and in particular multinationals, operate (1.a, 3.a)

The student distinguishes and can explain how the different global strategies of the MNE determine which foreign entry modes are adequate (2.q.)

The student can analyse the determinants of successful internationalization by MNEs through different theoretical perspectives: transaction cost theory, institutional theory and resource dependence theory (3.i.)

The student can apply an international business strategy model, gather data at firm, industry and country level to propose an adequate international business strategy (11.c.)

prerequisites: Managerial Economics (stage 1) and Strategic Management (stage 2) 

Activities

3 ects. International Business (B-KUL-HBA01h)

3 ECTSEnglishFormat: Lecture26 First term
OC Business Administration FEB Campus Brussel

The economic theory of multinational enterprises (MNEs)

1.1. Globalizing business and protectionism

1.2. Theoretical frameworks in International Business: institutional theory (formal and informal)

1.3. Theoretical frameworks in International Business: resource dependence theory

1.4.Investing abroad directly and the OLI paradigm (ownership - localization - internalization)

1.5. Starting international business: Born globals

1.6. Strategic alliances and joint ventures and the internationalization process of MNEs

1.7.Strategic decisions on FDI

1.8.Competitive dynamics

1.9.Cross-border mergers and acquisitions

1.10. Knowledge transfer and innovation in MNEs

1.11.Corporate strategies and structures for MNEs

Lecture slides

Case study material

Peng, M., Meyer, K. International Business. 2019. Cengage Learning.

The language of instruction is English.

Case-based lecture - Class recording - Interactive lecture

Evaluation

Evaluation: International Business (B-KUL-H75734)

Type : Exam during the examination period
Description of evaluation : Written
Type of questions : Multiple choice, Open questions
Learning material : Calculator


Evaluation characteristics

Guess correction will be applied in grading the multiple-choice questions of the exam. The exact nature of the guess correction will be communicated on the front page of the exam.

Determination final result

The final result is determined by a combination of a student's score on the multiple-choice questions (after applying the guess correction) and that on the open-ended questions and is expressed as a whole number on a scale of 20.

The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.