International Expansion of the Companies

  • Credits: 3
  • Ending: Examination
  • Range: 2C
  • Semester: winter
  • Year: 2
  • Faculty of Economic Informatics

Teachers

Included in study programs

Accounting and Auditing

Teaching results

Changes in the global market and shaping a successful strategy, successful international strategy: basic elements, strategic alliances, mergers and acquisitions, human resource management abroad: Expatriates and localization issues, organizational design and its place in the strategies of companies, "Global Learning" strategy successful companies, the strategy of foreign companies in the markets of CEE, as a form of regionalization strategies of multinational corporations, strategy Slovak firms in foreign markets.The students will be provided with these skills during the course. Case studies,individual course work and team efforts are essential parts of the course. This helps to ensure that students can directly apply their new knowledge and ability to analyze in their work. A focus on interdisciplinary understanding and practical relevance means that economic, business and legal aspects are interlinked with practical exercises forming a core element.

Indicative content

Creating a successful strategy, strategic alliances, mergers and acquisitions human resource management abroad, basic management problems HR abroad, expatriates, localization and its place in HR management, new trends in HRM, issues of leadership and human resources in international business, international strategy Slovak companies: problems, errors and assumptions, strategies of multinational companies in Central and Eastern Europe.

Support literature

Basic literature:
Ferenčíková a kol: Medzinárodná expanzia firiem: stratégie, partnerstvá a ľudské zdroje, Iura Edition, 2013, ISBN: 978-80-8078-532-1.
Recommended literature:
Peter J. Dowling, Marion Festing, Allen Engle: International Human Resource Management, ISBN-10: 140807574.
Armstrong Michael: A Handbook of Human Resource Management Practice, 2010.
Armstrong Michael: Řízení lidských zdrojů, 978-80-247-1407-3, 2007.

Syllabus

Introduction, changes in the global market and shaping a successful strategy. Seminar: Introduction, assignment of term papers , credit conditions and tests. Foreign direct investment and growth opportunities for international companies. Seminar: Case study. Successful international strategy : the essential elements. Seminar: Case study. Strategic alliance I. Seminar: Case study. Strategic Alliance II . Seminar: Case study. Mergers and acquisitions I. Seminar: Case study. Mergers and Acquisitions II . Seminar: Case study. Human resource management abroad I. Basic issues in HR management abroad , three forms of HR management abroad, global integration of HR management. Basic problems placing expatriates abroad , localization and its place in the management of HR. Seminar: Case study. Human resource management abroad II . HR in international alliances and joint ventures , HR during mergers and acquisitions. Coordination Network multinational firms, management talent development for international companies, change and innovation in HR management abroad, "Competing Value Framework" and place it in HR. Seminar: Case study. New trends in HRM. Current Problems in HR management in Slovak companies doing business abroad. Seminar: Case study, term paper - presentation. Mergers and Acquisitions - any specific company. Seminar: Case study, term paper - presentation. The issue of leadership and human resources in an international company Term paper - presentation. International Strategy for Slovak companies: problems, errors and background Term paper - presentation. Strategies of multinational companies in Central and Eastern Europe.

Requirements to complete the course

seminar - attedndance, activity, final projekt;
final exam.

Language whose command is required to complete the course

Slovak

Date of approval: 08.02.2023

Date of the latest change: 14.01.2022