International Business
- Credits: 4
- Ending: Examination
- Range: 20sP
- Semester: summer
- Year: 2
- Faculty of Business Economics with seat in Košice
Teachers
Included in study programs
Teaching results
The aim of the course is to acquire knowledge in the field of international business with emphasis on the development of internationalization activities of the company, the development of critical thinking and pragmatic skills in the application of selected methods of international strategic decision-making.
Knowledge:
- knowledge of the basic theoretical concepts of international business,
- understanding the principles of developing business activities in an international environment,
- knowledge of the position and activities of multinational companies,
- understanding intercultural differences at country level.
Competences:
- personal competencies developed by teamwork, active discussion and the need to formulate one's
own opinions,
- professional competence acquired through the application of knowledge within solving real case
studies,
- intercultural competences developed through role-playing.
Skills:
- integration of knowledge and its application to real problems of international business,
- development of critical and variant thinking in solving the tasks of international decision-making,
- perception of business opportunities and threats in the international environment,
- creation of international business strategies.
Indicative content
Consultations:
International environment - characteristics, analysis of factors and trends.
Competitive advantages of countries.
Internationalization of business.
Decision - making on entering a foreign country. Export.
International movement of know-how. Capital entries into foreign markets.
Foreign direct investment.
International strategic partnerships.
International strategies.
Organizational structure of multinational companies.
International human resources management.
Entrepreneurship in the context of different national cultures.
International business ethics.
Operation of multinational and transnational companies in the Slovak Republic.
Self-study:
Analysis of differences in managerial approaches in the world.
Strategic diagnostics of the international environment.
Analysis of international competitive advantages on the example of a specific country.
Deciding on forms of entry into foreign markets. Export - analysis of the purchase contract.
International movement of know-how: franchising and licensing.
Analysis of the causes and process of acquisitions and mergers.
Foreign direct investment in V4.
Multilateral strategic alliances.
Preparation for semester test.
Identification of international business strategy.
Selection of employees for foreign posting.
Cultural differences in key regions of the world.
Violation of international business ethics - examples.
Support literature
Elementary literature:
1. HILL, C.W.L., HULT, G.T.M. 2020. Global Business Today. New York : McGraw Hill
Education. ISBN 978-1-260-08837-3
2. BOBENIČ HINTOŠOVÁ, A. 2021.Inward FDI: Characterizations and Evaluation. In
Encyclopedia. 2021, vol. 1, no. 4, pp. 1027-1037. ISSN 2673-8392
3. BALÁŽ, P. a kol.: Medzinárodné podnikanie. Bratislava : Sprint dva, 2020. ISBN
978-80-89710-51-5
4. FERENČÍKOVÁ, S. a kol. Medzinárodná expanzia firiem. Bratislava : Iura Edition, 2013.
ISBN 978-80-8078-532-1
Supplementary literature:
5. CASTELLANI, D. a kol. Contemporary Issues in International Business. Cham : Springer,
2018. ISBN 978-3-319-70219-3
6. IKE, L.: International Business: Environments Operations. London : XLibris, 2017. ISBN
978-1-5245-9754-2
Syllabus
Consultations: International environment - characteristics, analysis of factors and trends. Competitive advantages of countries. Internationalization of business. Decision - making on entering a foreign country. Export. International movement of know-how. Capital entries into foreign markets. Foreign direct investment. International strategic partnerships. International strategies. Organizational structure of multinational companies. International human resources management. Entrepreneurship in the context of different national cultures. International business ethics. Operation of multinational and transnational companies in the Slovak Republic. Self-study: Analysis of differences in managerial approaches in the world. Strategic diagnostics of the international environment. Analysis of international competitive advantages on the example of a specific country. Deciding on forms of entry into foreign markets. Export - analysis of the purchase contract. International movement of know-how: franchising and licensing. Analysis of the causes and process of acquisitions and mergers. Foreign direct investment in V4. Multilateral strategic alliances. Preparation for semester test. Identification of international business strategy. Selection of employees for foreign posting. Cultural differences in key regions of the world. Violation of international business ethics - examples.
Requirements to complete the course
- activity on consultations – 10%
- results of semester test – 30%
- results of final written exam – 60%
Student workload
- participation in consultations – 20 h
- self-study – 32 h
- preparation for consultations – 26 h
- preparation for semester test – 26 h
Total: 104
Language whose command is required to complete the course
Slovak
Date of approval: 17.02.2023
Date of the latest change: 16.05.2023