International Business (B-KUL-HBA01H)

Aims
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.)
Previous knowledge
prerequisites: Managerial Economics (stage 1) and Strategic Management (stage 2)
Is included in these courses of study
- Bachelor handelsingenieur (programma voor studenten gestart vóór 2022-2023) (Brussel) (Traject globalisering) 180 ects.
- Bachelor in de handelswetenschappen (Brussel) 180 ects.
- Bachelor of Business Administration (Brussels) 180 ects.
- Bachelor of Business Administration: Double Degree Kedge (incoming) (Brussels et al) 242 ects.
- Bachelor of Business Engineering (Brussels et al) 180 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started before 2023-2024) (Brussels) 90 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
- Bachelor of Business Administration: Double Degree Galway (outgoing) (Brussels et al) 240 ects.
- Bachelor of Business Administration: Double Degree Galway (incoming) (Brussels et al) 240 ects.
Activities
3 ects. International Business (B-KUL-HBA01h)
Content
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.Global integration and multilateral trade and investment organizations
1.6. Non-equity entry modes and the internationalization process/ starting international business
1.7.Strategic decisions on FDI
1.8.Competitive dynamics
1.9.Cross-border mergers and acquisitions
1.10. Global growth strategies: partnerships and acquisitions
1.11.Corporate strategies and structures for MNEs
Course material
Lecture slides
Case study material
Peng, M., Meyer, K. International Business. 4th ed. 2023. Cengage Learning.
Language of instruction: more information
The language of instruction is English.
Format: more information
Case-based lecture - Interactive lecture
Is also included in other courses
Evaluation
Evaluation: International Business (B-KUL-H75734)
Explanation
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.
Information about retaking exams
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described above.