While Global Strategy (MIBS6003) lays out the concepts and theory relevant to a firms' entry into a new market, this unit focuses on how to successfully implement and manage foreign market operations. The key question addressed is how to design business models that allow a company to adapt to unique host country conditions, and operate successfully and sustainably across a range of diverse markets. The unit draws on knowledge previously gained regarding the diversity among cultures and among various international markets (MIBS6001 and MIBS6002). It focuses on issues related to designing environment-appropriate business models and on the challenges of business model innovation in light of dynamic global change. To complement the conceptual discussions, students will gain first-hand experience in launching the overseas operations of a business.
1 x 3 hr lecture/seminar per week
mid-semester test (20%); individual assignment (including workshop) (20%); international project (group) (25%); final exam (35%)
This unit is available only to students enrolled in the Master of International Business and MIB combined degrees.
MIBS6001 and MIBS6002Co-requisites