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    Weekly Plan IB 2023-2024

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    Weekly Plan IB 2023-2024

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    Neži Ka
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    Weekly plan IB 2023-2024 (2)

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    Weekly Plan IB 2023-2024

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    Neži Ka

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    of 3

    INTERNATIONAL BUSINESS – weekly plan

    Winter semester 2023/24


    Lecturers: prof. dr. Andreja Jaklič (Course Coordinator), office hours, Thursday, 13.30, C-229/AP-11
    assoc. prof. dr. Gregor Pfajfar
    Timetable my change due to organizational issues.
    Room: FDV-04 (+ zoom lectures)
    Total: 30 h (15 lectures/15 seminar)

    Date Time Room h Topic Lecturer


    9.10. 2023 10.00 - 13.00 FDV-04 3 Introduction to IB; risks and necessary knowledge & skills in IB Andreja Jaklič
    11.10. 2023 10.00-12.00 FDV-04 2 Globalization and internationalization: from theories to facts. Gregor Pfajfar
    Video case study 1: NV Holders
    16.10. 2023 10.00- 14.00 FDV-04 4 International drivers and entry modes. Gregor Pfajfar
    Case study 1: How Lidl Adjusted to the Finnish Grocery Retail Market
    (prepare at home)
    Group project presentation by selected company representatives
    23.10. 2023 10.00 – 13.00 FDV-04 3 Rising awareness of geopolitical risks and building organizational resilience Andreja Jaklič
    Video case study 2: Leone
    30.10.2023 10.00 – 14.00 ZOOM 4 Risk and financing in international business. Sustainability and circular Gregor Pfajfar
    economy. Understanding the international context, the role of culture in
    international business, negotiation strategies and tactics.
    6.11.2023 10.00 – 14.00 ZOOM 4 Tariffs, trade barriers, global trade: managing global trade flows. Business Gregor Pfajfar
    sanctions. Understanding emerging markets.
    Case study 2: Haier Europe Bringing RenDanHeyi for All (prepare at home)
    07.11.2023 10.00 – 12.00 FDV-04/Zoom 2 Project mid-term presentations and consultations Gregor Pfajfar
    13.11.2023 10.00 - 14.00 FDV-04/Zoom 4 Trends in international business Gregor Pfajfar
    Case study 3: Digital transformation at Starbucks (prepare at home)
    20.11.2023 10.00 - 14.00 ZOOM 4 Project consultations (according to the need groups book time slot in Gregor Pfajfar
    advance)
    27.11. 2023 10.00 - 14.00 FDV-04/Zoom 4 Final project presentations Gregor Pfajfar
    Andreja Jaklič
    Objectives and competences:
    AIMS: To give students an understanding of the complexities of modern international business. Competences: Understand the variety complexity of risks in
    international business. Recognize and evaluate different foreign entry modes in international business. Use of strategic tools for analysis of business
    environment (PESTEL, Porter's diamond, C-analysis, value chain analysis) and application of strategic tools in decision making (SWOT, Porter’s five forces,
    value chain analysis). Communication skills in international business. Evaluate internationalization strategy and develop decision making.

    In complex IB environment students need to become good at asking questions, identifying risks and finding problems. No one can make them do these
    things, so building the disposition to recognize and tolerate uncertainty and keep on exploring and building critical connections is really important. Students
    also need to set aside familiar habits such as expecting that there should be a right answer to every question asked.

    Contents of the course:


    The course addresses characteristics, risks and analysis of international business environment and internationalization strategies. International business
    environment; sources and tools of analysis, characteristics of emerging market business environment. Business functions and how they change when
    enterprise operate in international markets (international marketing, IHRM, international finance). Internationalization strategy, market analysis and entry
    modes. Development and growth of multinational enterprises.

    Intended learning outcomes:


    Student can: Describe and recognize foreign entry modes, use strategic tools for analysis of business environment (PESTEL, Porter's diamond, C- analysis,
    value chain analysis) and present risks, apply strategic tools for decision making (SWOT, Porter’s five forces, value chain analysis), make and present
    internationalization strategy.

    Learning and teaching methods:


    Lectures, seminars, e-learning, consultations, individual or group work with professors, project work, case studies (written case studies, video case studies,
    life case studies), role playing, simulations, public speaking, (company visit) – combination depend on the number of participants.

    Assessment:
    Final grade in 2022/2023 consists of:
    a) Individual case studies (3 case studies): up to 30% of the final course grade (submission closes 15 minutes before the lectures start on the day when
    the case study is due)
    b) Team projects (5-6 members): up to 50% of the final course grade (30% for written part, 20% for presentation)
    c) Active participation: up to 20% of the final course grade
    Required reading:
    Cavusgil, S. Tamer; Knight, Gary A.; Riesenberger, John R. (2020). Title: International business: strategy, management, and the new realities. Upper Saddle
    River (New Jersey): Pearson : Prentice Hall : Pearson Education.
    (older editions are fine too)

    Buckley, P., Enderwick, P., Hinrich V. (2022). Title: International Business. 2nd ed. Oxford University Press. ISBN: 9780198861898

    Other recommended supplement literature:

    Ball, D.A., Geringer, J.M., McNett, J.M. & Minor, M.S. (2012 or later): International business: the challenge of global competition. McGrawHill.

    Peng, M. & Meyer, K. (2011). International business. Cengage Learning.

    Wall, S., Minocha, S., & Rees, B. (2010): International business. Prentice Hall.

    Czinkota, M. R., Ronkainen, I. A. & Moffett, M. H. (2005 or later): International Business. Thomson Southwestern.

    Johnson, D. & Turner, C. (2010 or later). International Business: themes and issues in the modern global economy. Routledge.

    Duhaime, I. M., Stimpert, L., Chesley, J. (2012) Strategic Thinking. Routledge

    Transparencies and texts at the course website.

    Attached readings at the course website.

    Case studies at the course website.

    More detailed syllabus with all instructions for case studies and project work and other study materials will be posted in web office (»my FDV«).

    The use of ICT devices in classroom is not obligatory, but allowed. Students may be occasionally asked to interact with mobile devices or computer.

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