The University of Southampton
Courses

MANG6345 Global Business Environment

Module Overview

This module is unusual in the MBA programme as it invites students to focus their research and analysis on the global environment rather than internally on their firm. With this external focus in mind the module examines the impact of globalisation and the international macroeconomic context for global businesses. The module adopts the PESTLE approach to examine the combined impact that political, economic, social, technological, legal and environmental trends have on organisations and their survival in a global environment, especially where corporate responsibility and ethical behaviour is concerned. In addition, the module focuses on the impact of multiple stakeholder groups on business performance. These three external contexts will be researched, evaluated and analysed in order to generate an understanding of the factors and their impact upon various global businesses.

Aims and Objectives

Module Aims

The multi-disciplinary approach of this module, which focuses on external influences that impact an organisation, provides a context in which to bring together the other modules of the programme, e.g. accounting, finance, marketing, operations, and organisational leadership. The central aim for students is to combine these external factors and gather relevant knowledge that can be applied to decision-making in international businesses. Students will use case studies and examples to examine the complexities of implementation, but we also encourage students to articulate and reflect upon their own diverse backgrounds.

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • Globalisation and the macroeconomic context for international business;
  • The key environmental, social, economic, technological, ecological, legal and political factors that influence international business and its management;
  • How relationships with multiple stakeholders, especially with regard to ethical and responsible behaviour, contribute to the formation of business strategy and corporate reputation.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • Analyse and interpret the significance of current and future trends in economics, politics, technology, environment and society on international business;
  • Analyse and interpret the significance of globalisation and the international macroeconomic context for international business;
  • Assess the impact of multiple stakeholder groups, especially with regard to ethical and responsible behaviour, on business decisions and corporate reputation in an international environment.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • Write effectively for business purposes;
  • Manage individual tasks, personal resources and time effectively;
  • Think critically and argue effectively;
  • Work effectively as part of a task-orientated and diverse group;
  • Present effectively for business purposes.

Syllabus

• Globalisation and the macroeconomic context for international businesses. • The impact of environmental, social, economic, technological, ecological, legal and political factors on international business. • Multiple stakeholder perspectives, ethical behaviour, corporate social responsibility (CSR) and reputation for organisations and their impact on business decisions in an international environment.

Learning and Teaching

Teaching and learning methods

Teaching methods include • Lectures • Group discussions • Visiting companies and acquiring information about their international operations • Individual and group research. Learning activities include • Working on a group project and negotiating an agreed position to present • Researching, analysing and discussing issues and defining problems and their consequences for organisations and individuals • Visiting organisations that work in a global environment • Private study.

TypeHours
Teaching60
Independent Study40
Total study time100

Resources & Reading list

Koen, C. I. (2005). Comparative International Management. 

Deresky, H (2011). International Management: Managing Across Borders and Cultures Text and Cases. 

The Financial Times. ,0 , pp. 0.

The Wall Street Journal. ,0 , pp. 0.

Farnham, D. The World is Flat. 

Brooks, I., Weatherston, J. (2006). The Business Environment: Challenges and Changes. 

Kew, J., Stredwick, J. (2005). Business Environment: Managing in a Strategic Context. 

The Economist. ,0 , pp. 0.

Crane, A., Matten, D., Spence, L. (2008). Corporate Social Responsibility: readings and cases in a global context. 

Palmer, A., Hartley, B. (2002). The Business Environment. 

Morrison, J. (2006). The International Business Environment. 

Journal of International Management. ,0 , pp. 0.

Needle, D. (2010). Business in Context. 

Gooderham, P. N., Nordhaug, O (eds) (2003). International Management: Cross-Boundary Challenges. 

Assessment

Formative

In-class formative opportunities

Summative

MethodPercentage contribution
Group report  (1500 words) 30%
Report  (2000 words) 70%

Repeat

MethodPercentage contribution
Report 100%

Referral

MethodPercentage contribution
Report  (2000 words) 100%

Repeat Information

Repeat type: Internal & External

Costs

Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:

Textbooks

Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase the mandatory/additional reading text as appropriate.

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

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