Managing International Businesses
Module no./code, Module name
Module 6 / MIB, Managing International Businesses
Type of module
Language(s) of instruction
Language(s) of examination
Courses of the module
|Name||Course type||Credit hours||Links|
|6-01: International Management||Seminaristischer Unterricht||2 Credit hours||n/a|
|6-01: International Economics||Seminaristischer Unterricht||1 Credit hours||n/a|
Prof. Dr. Manfred Kiesel
changing teaching staff
Teaching and learning formats
Tuition in seminars (onsite or digital/virtual)
This module takes a macro-economic as well as a micro-economic perspective on doing business in a globalized world and thus imparts knowledge that can be used in many other modules of the 2nd and 3rd semester.
Particular conditions for admission (to exam)
other exam (soP): Presentation (C), Paper (F) or Portfolio (G)
Decision and Announcement at the beginning of the semester.
The lectures are weighted by their SWS to derive the module grade.
Condition for award of ECTS credits
- sonstige Prüfung (Präsentation)
- sonstige Prüfung (Dokumentation)
- sonstige Prüfung (Portfolio)
Weighting factor of module grade
- Motivations, means and mentalities for expanding abroad
- Managing conflicting demands, e.g. local responsiveness and corruption
- Developing strategic capabilities, e.g. with respect to competition
- Handling of organizational challenges concerning coordination and control
- Knowledge creation and leverage on a global basis
- Managing across borders focusing on collaboration
- Building multidimensional capabilities within the management team including HR and personal development aspects
- Gains from trade
- Explaining patterns of trade
- The effects of government policies on trade
- The Gravity Model
- Borders and trade agreements
- Globalization: then and now
- Labor Productivity and Comparative Advantage: The Ricardian Model
- Trade Policy in Developing Countries
- Developing Countries: Growth, Crisis and Reform
After successfully completing this module, the students …
- have insights how to grow and manage a company across cultural and country borders
- can apply strategy development and strategy comparison in a transnational context
- are familiar with the basic concepts of organizational development, HR and controlling means in a transnational context
- are able to do investigations of the business environment in an international context
- understand the global manager’s environment
- understand the influence of culture on transnational companies
- are familiar with the most important principles which form the basis of international economics.
- can describe basic concepts and theories which are relevant to gain a understanding of modern economic events.
- can identify challenges and opportunities of trade between nations in consideration of their respective political, historical and economic situation.
- can analyse emerging markets in consideration of their development strategy and trade policy in order to identify business opportunities.
- can analyse patterns and consequences of international trade.
- are able to develop and implement strategies to yield benefits of international trade both on governmental and company level.
Literature and other material
- Helen Deresky: International Management (latest edition).
- Additional readings will be provided as needed, i.e. up-to-date newspaper clippings related to topics to be discussed in class.
- Krugman/Obstfeld: International Economics (latest edition)