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MGMT6043 - Intro to Global Business

Title:Intro to Global Business
Long Title:Intro to Global Business
Module Code:MGMT6043
Duration:1 Semester
Credits: 5
NFQ Level:Fundamental
Field of Study: Business & Management
Valid From: Semester 1 - 2022/23 ( September 2022 )
Module Delivered in 2 programme(s)
Module Coordinator: Katie Power
Module Author: Michele McManus
Module Description: This module introduces students to the forces shaping global business. The module examines the nature of global business, globalisation and the macro-environmental forces affecting businesses around the world.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Explain the nature and rationale behind the internationalisation of firms.
LO2 Discuss the impact of globalisation on business.
LO3 Describe the macro-environmental forces affecting global business.
LO4 Examine ethics and social responsibility in an international context.
LO5 Review case studies highlighting good and bad business practice in global business.
Pre-requisite learning
Module Recommendations

This is prior learning (or a practical skill) that is strongly recommended before enrolment in this module. You may enrol in this module if you have not acquired the recommended learning but you will have considerable difficulty in passing (i.e. achieving the learning outcomes of) the module. While the prior learning is expressed as named MTU module(s) it also allows for learning (in another module or modules) which is equivalent to the learning specified in the named module(s).

Incompatible Modules
These are modules which have learning outcomes that are too similar to the learning outcomes of this module. You may not earn additional credit for the same learning and therefore you may not enrol in this module if you have successfully completed any modules in the incompatible list.
No incompatible modules listed
Co-requisite Modules
No Co-requisite modules listed

This is prior learning (or a practical skill) that is mandatory before enrolment in this module is allowed. You may not enrol on this module if you have not acquired the learning specified in this section.

No requirements listed

Module Content & Assessment

Indicative Content
Introduction to Global Business
Nature and significance of global business, opportunities and challenges, reasons for internationalisation, entry strategies, emerging and developed markets.
Drivers of globalisation, opportunities and threats, global institutions.
Macro-environmental Forces
Business environment: Political and legal forces - political stability, risk, differing legal frameworks; Economic forces - economic integration and trading blocs; Cultural forces - values, beliefs, language, religion, education.
Ethics and Social Responsibility
Ethical behaviour, code of ethics, corporate social responsibility, corruption.
Case Studies
Students will review case studies highlighting issues involved in global business.
Assessment Breakdown%
Course Work100.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Written Report Written Report, e.g. discuss the impact of various macro-environmental forces on a firm involved in global business. 1,2,3,5 50.0 Week 8
Multiple Choice Questions In-class assessment of theory covered. 1,2,3,4 50.0 Week 12
No End of Module Formal Examination
Reassessment Requirement
Repeat examination
Reassessment of this module will consist of a repeat examination. It is possible that there will also be a requirement to be reassessed in a coursework element.

The institute reserves the right to alter the nature and timings of assessment


Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 3.0 Every Week 3.00
Independent & Directed Learning (Non-contact) Self-directed study 4.0 Every Week 4.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 3.00
Workload: Part Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture Class based instruction 2.0 Every Week 2.00
Independent & Directed Learning (Non-contact) Self-directed study 5.0 Every Week 5.00
Total Hours 7.00
Total Weekly Learner Workload 7.00
Total Weekly Contact Hours 2.00

Module Resources

Recommended Book Resources
  • John J. Wild, Kenneth L. Wild 2019, International Business: The Challenges of Globalization, Global Edition, 9th Ed., Pearson [ISBN: 9781292262253]
Supplementary Book Resources
  • Charles W. L. Hill 2023, International Business: Competing in the Global Marketplace, 14th Ed., McGraw Hill [ISBN: 9781260387544]
  • Ricky W. Griffin and Michael W. Pustay 2020, International Business: A Managerial Perspective, 9th Ed., Pearson [ISBN: 9781292313733]
  • Michael Geringer and Jeanne McNett 2023, International Business, 3rd Ed., McGraw Hill [ISBN: 9781264067527]
  • Charles W. L. Hill and G. Tomas M. Hult 2020, Global Business Today, 11th Ed., McGraw Hill [ISBN: 9781260088373]
This module does not have any article/paper resources
Other Resources

Module Delivered in

Programme Code Programme Semester Delivery
CR_BIBLA_8 Bachelor of Business (Honours) in International Business with Language 1 Mandatory
CR_BGBPS_8 Bachelor of Science (Honours) in Global Business and Pilot Studies 1 Mandatory

Cork Institute of Technology
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Tel: 021-4326100     Fax: 021-4545343
Email: help@cit.edu.ie