International Business Management

  • Credits: 6
  • Ending: Examination
  • Range: 2P + 2C
  • Semester: winter
  • Year: 1
  • Faculty of Commerce

Teachers

Included in study programs

International Trade Management

Teaching results

Students acquire the following knowledge:
- understanding the deepening internationalisation and globalisation of the business environment and its impact on decision-making and management of international firms,
- understanding of the basic components of the success of companies in the international environment in the connection of strategy-business model-organization-management-innovation-responsible leadership,
- an overview of the research methods used in the field.
Students acquire the following skills:
- ability to apply acquired knowledge and use best practices obtained from the subject
to assess or solve managerial problems in an international environment,
- the ability to assess and select appropriate management tools in the selection of the foreign market, the method of entry, the response to its cultural peculiarities, the establishment of an appropriate environment for innovation in the company, the management of people in the international environment and responsible behaviour towards consumers, employees and the environment,
- selection of an appropriate research method for seminar work and its adequate presentation.
Students acquire the following competencies:
- critical and analytical thinking in the selection of foreign markets, methods of entry and management of corporate operations and human resources in the international environment,
- synthetic thinking (knowledge synthesis, correct use of adequate methods and tools) leading to steps that condition the success of the company in the international environment,
- creative thinking and teamwork, the ability to create a concept of seminar work with a thorough analysis and interpretation of best practices of a selected internationally operating company
- discussion, correct and factual reasoning, presentation of the results of own research in the framework of seminar work and its advocacy in discussion with the instructor and colleagues in his own study group.

Indicative content

Management of international business in the 21st century and its specifics. Institutional and cultural environment of international business, its evaluation and implications. Interrelationships between strategies, management, organisation, business models and innovations in doing business abroad. International human resources management, responsible leadership, diversity and creativity as important factors in international business. Small and medium-sized companies in international business, experience and lessons from internationalization of Slovak companies.

Support literature

Knihy:
1. FERENČÍKOVÁ, Soňa. a kol. Manažment medzinárodného podnikania. Bratislava: Ekonóm 2022, ISBN 9788022549608
2. CULLEN, John, B. – PARBOTEEAH, Praveen, K. Multinational Management: A Strategic Approach. 7ed. Mason, Ohio: South-Western 2017, ISBN-13: 978-1285094946
3. LASSERRE, Philippe. Global Strategic Management. Bloomsbury Academic 2022, ISBN 9781350932968.
4. ZADRAŽILOVÁ, Dana. Mezinárodní management. Praha, Oeconomica 2017, ISBN 978-80-245-2219-7
Články:
1. ANDERSEN et al. (FERENČÍKOVÁ, Soňa). Careers in Context: An International Study of Career Goals As Mesostructure between Societies' Career-Related Human Potential and Proactive Career Behaviour. In Human Resource Management Journal. - Chichester : Wiley-Blackwell. ISSN 1748-8583, 2020, vol. 30, no. 3, pp. 365-391 online. 
2. DELLO RUSSO, Silvia et al. (FERENČÍKOVÁ, Soňa.)  Still Feeling Employable With Growing Age? Exploring the Moderating Effects of Developmental HR Practices and Country-Level Unemployment Rates in the Age - Employability Relationship. In International Journal of Human Resource Management. - London: Taylor & Francis. ISSN 1466-4399, 2020, vol. 31, no. 9, pp. [1-42] online. 
3. FERENČÍKOVÁ, Soňa et al.: Perceived Differences of Austrian, Czech, and Slovakian Managers regarding the Need for Change of Future Competencies : A Self-affirmation Perspective, co-authors Nettekoven, M. Siebenaler, T., Mühlbacher, J. In: Journal of Eastern European Management Studies. 2017, Vol. 22 , No. 2 , p. 144-168.- Augsburg: Rainer Hampp Verlag, 2017. - ISSN 0949-6181
4. FERENČÍKOVÁ, Soňa. Internationalization of Small and Medium-sized Enterprises from Central and Eastern Europe : a Theoretical Framework, In: Journal of Eastern European and Central Asian Research. - Minnesota: The IEECA Press, 2018, Vol. 5, No. 2, pp. 1-10- ISSN 2328-8272
5. SCHUH, Arnold. Investment Attractiveness of Central and Eastern Europe for Western Multinational Firms in the Post-COVID-19 Era. COVID – 19 and International Business – Change of Era. Edited by Marinov, M., Marinova, S. Routledge 2021, pp. 339 - 348

Syllabus

1. Management of international business in the period of digitization and robotization. 2. Institutional context of international business, business environment and its evaluation. 3. Culture and implicit factors in international business, managerial implications. 4. Management of forms of entry to foreign markets in terms of costs and risks. 5. Business models, strategy, management, organization and their mutual international context. 6. Innovation management in international companies: internal components, models and strategies. 7. Innovation management in international companies: external components and open innovations. 8. Human resources management in international companies and its components. 9. Leadership, diversity and creativity in international companies: currentchallenges and challenges. 10. Leadership styles and their applicability in an international environment. 11. Ethical, social, environmental aspects and their management in international companies. 12. Small and medium-sized enterprises as multi-national firms: opportunities and barriers. 13. Internationalization of Slovak companies: trends, problems and perspectives.

Requirements to complete the course

20 % active participation in seminars
20 % seminar work and its presentation
60 % final examination

Student workload

Total: workload 6 credits x 26 h = 156 hours
Division of individual educational activities:
Participation in lectures: 26 hours
Participation in seminars: 26 hours
Preparation for seminars: 26 hours
Preparation of seminar work: 26 hours
Preparation for the final exam: 52 hours

Language whose command is required to complete the course

Slovak, English

Date of approval: 06.03.2024

Date of the latest change: 29.10.2024