Outline

Overview

This unit of study, third in the sequence of six core units students complete in the MIB program, focuses on how international companies win and lose in global competition. Topics include international strategies such as entry mode choices, cross-border strategic alliances, joint ventures, and mergers and acquisitions. The emphasis of the unit is on the application of contextual knowledge about international business and strategic management theories as tailored to emerging markets, and in particular to analyse decisions faced by companies operating in the Asia Pacific region.

Unit details and rules

Academic unit	International Business
Credit points	6
Prerequisites ?	MIBS6001 and MIBS6002
Corequisites ?	MIBS6004
Prohibitions ?	IBUS6001 or IBUS6002
Assumed knowledge ?	None
Available to study abroad and exchange students	No

Teaching staff

Coordinator	Chinmay Pattnaik, chinmay.pattnaik@sydney.edu.au
Lecturer(s)	Chinmay Pattnaik, chinmay.pattnaik@sydney.edu.au

Type	Description	Weight	Due	Length
Assignment	Individual report Report	30%	Week 06 Due date: 30 Sep 2020 at 23:00 Closing date: 02 Oct 2020	3500 words
Outcomes assessed:
Assignment	Group presentation Presentation	25%	Week 12 Due date: 11 Nov 2020 at 17:00	15-20 minutes
Outcomes assessed:
Assignment	Final report Written Report	35%	Week 12 Due date: 18 Nov 2020 at 23:00 Closing date: 20 Nov 2020	3500 words
Outcomes assessed:
Participation	Class participation TBA	10%	Weekly	10 minutes
Outcomes assessed:
= group assignment ?

Assessment summary

Individual report:

In this assignment, students are required to analyse the evolution and evaluation of the strategy of a multinational company (MNC). Students can select any MNC of their choice (except IKEA and BrakeProducts International). After selecting an MNC, the student needs to research and collect information on the historical development of the company. Based on their research students are required to provide the following analysis: 1. Analysis of Strategy: In order to perform the analysis, students must use the framework provided on page 51 of the article Hambrick, D. C. and Fredrickson, J. W 2001. Are you sure you have a strategy? Academy of Management Executive, 15(4): 48-59. This framework will be discussed in detail in week 3; 2. Evaluation of Strategy: In order to evaluate the strategy of an MNC, students are required to answer the questions provided in table 1(page 59) of the above article. Details description of the assignment will be uploaded to Canvas.

Class Participation:

Each class will be divided into two sessions; a lecture session of 100-110 minutes and discussion session of 60-70 minutes. The discussion session will be conducted after the lecture session. You will discuss case-study/ article in the discussion session each week. The lecturer will act as a moderator for the discussion.

Individual pre-class preparation: Each student is required to read the case study/ article and prepare the answer to the question(s) before coming to the class. The answer to the question(s)should be within 150 words. You are not required to submit your answer sheet to the lecturer. These prepared answers will help you to actively participate in the class discussion.

In class participation: Based on the questions provided in the outline which the students are required to answer before coming to the lecture, there will be discussions answering the same question (s). The lecturer will only moderate the discussion. Students must actively participate in the discussion to provide their answers to the question (s).

Group presentation and report:

Groups of 4 students will be formed. The group will work as a consulting team to provide foreign market entry recommendations to an MNC client which wants to expand into two potential foreign markets. Students will be provided with the list of two countries and the MNC which wants to enter these markets. You are required to perform research on the country and the potential partners in each foreign market. As a final output, you are required to make a short presentation and submit the presentation slides in week 12.

Final report: Please find the detailed guideline in Canvas.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name	Mark range	Description
High distinction	85 - 100	Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Distinction	75 - 84	Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Credit	65 - 74	Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Pass	50 - 64	Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school.
Fail	0 - 49	When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

Deduction of 5% of the maximum mark for each calendar day after the due date.
After ten calendar days late, a mark of zero will be awarded.

This unit has an exception to the standard University policy or supplementary information has been provided by the unit coordinator. This information is displayed below:

There will be 10% penalty for each day after the deadline

Academic integrity

The Current Student website provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

Use of generative artificial intelligence (AI) and automated writing tools

You may only use generative AI and automated writing tools in assessment tasks if you are permitted to by your unit coordinator. If you do use these tools, you must acknowledge this in your work, either in a footnote or an acknowledgement section. The assessment instructions or unit outline will give guidance of the types of tools that are permitted and how the tools should be used.

Your final submitted work must be your own, original work. You must acknowledge any use of generative AI tools that have been used in the assessment, and any material that forms part of your submission must be appropriately referenced. For guidance on how to acknowledge the use of AI, please refer to the AI in Education Canvas site.

The unapproved use of these tools or unacknowledged use will be considered a breach of the Academic Integrity Policy and penalties may apply.

Studiosity is permitted unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission as detailed on the Learning Hub’s Canvas page.

Outside assessment tasks, generative AI tools may be used to support your learning. The AI in Education Canvas site contains a number of productive ways that students are using AI to improve their learning.

Learning support

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

Weekly schedule

WK	Topic	Learning activity
Mid-semester exam period	No lecture	Individual study (3 hr)
Week 01	Assessing global market	Lecture (3 hr)
Week 02	Understanding strategy	Lecture (3 hr)
Week 03	Analysing industry	Lecture (3 hr)
Week 04	Evaluating resources and capabilities	Lecture (3 hr)
Week 05	Entering foreign markets	Lecture (3 hr)
Week 07	Managing strategic alliances	Lecture (3 hr)
Week 08	Cross-border Mergers and Acquisitions	Lecture (3 hr)
Week 09	Devising and executing global strategy	Lecture (3 hr)
Week 10	Developing global organisations	Lecture (3 hr)
Week 11	Managing foreign subsidiaries	Lecture (3 hr)
Week 12	Group presentation	Lecture (3 hr)
Week 13	Unit review	Lecture (3 hr)

Attendance and class requirements

Lecture recording: All lectures and seminars are recorded and will be available on Canvas for student use. Please note the Business School does not own the system and cannot guarantee that the system will operate or that every class will be recorded. Students should ensure they attend and participate in all classes.

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit will be made available on Canvas.

Learning outcomes

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

Outcomes
Graduate qualities

At the completion of this unit, you should be able to:

LO1. conceptualise the role of strategy in creating competitive advantage for global corporations
LO2. analyse the competitive environment facing the global corporations, isolate potential sources of competitive advantages and identify country specific institutional factors to devise global strategy
LO3. apply theoretical frameworks to compare strategic options for entry into foreign markets
LO4. explain key aspects of sustainable global organisations to develop new knowledge and share them within a network of global subsidiaries
LO5. demonstrate the ability to design, develop and execute global strategy.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1	Depth of disciplinary expertise Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.
GQ2	Critical thinking and problem solving Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.
GQ3	Oral and written communication Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.
GQ4	Information and digital literacy Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.
GQ5	Inventiveness Generating novel ideas and solutions.
GQ6	Cultural competence Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.
GQ7	Interdisciplinary effectiveness Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.
GQ8	Integrated professional, ethical, and personal identity An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.
GQ9	Influence Engaging others in a process, idea or vision.

Outcome map

Learning outcomes	Graduate qualities
Learning outcomes

Responding to student feedback

This section outlines changes made to this unit following staff and student reviews.

No changes have been made since this unit was last offered.

Additional information

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.

Current students

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect

Current students

MIBS6003: Global Strategy

Semester 2, 2020 [Normal evening] - Camperdown/Darlington, Sydney

Overview

Overview

Unit details and rules

Teaching staff

Assessment

Assessment

Assessment summary

Assessment criteria

Late submission

Academic integrity

Learning support

Learning support

Simple extensions

Special consideration

Using AI responsibly

Weekly schedule

Weekly schedule

Attendance and class requirements

Study commitment

Required readings

Learning outcomes

Learning outcomes

Graduate qualities

Outcome map

Responding to student feedback

Responding to student feedback

Additional information

Additional information

Disclaimer

On this page

Useful links

Media

Student links

About us

Connect