•   Globalization and Internationalization GLO1LH101A-3064 17.01.2022-20.05.2022  5   (LH3IC, ...) +-
    Learning objectives
    Students become familiar with the globalization of firms. They obtain skills for planning the internationalization of companies.
    Starting level and linkage with other courses
    A-part of basic studies module 5 Growing Global. The B-part is Communication and Culture.
    Contents
    Drivers for Globalization
    Value chains & networks
    Theories of internationalization
    International trade
    Development of international competitiveness
    Market Research & Market entry modes
    Team project
    Assessment criteria
    Assessment criteria - grade 1
    • knows the basic drivers and effects of globalization for firms and is able to identify some of the opportunities and challenges the international business environment poses.
    • has a rudimentary knowledge of operation modes in global markets.
    • knows the basic principles of internationalizing a firm’s value chain and utilizing value networks.
    • is able to analyze a SME firm's value chain activity and relate it to a theory or model.
    Assessment criteria - grade 3
    • knows the different drivers and effects of globalization for firms and is able to analyze the opportunities and challenges the international business environment poses.
    • has a good knowledge of various operation modes in global markets.
    • is familiar with internationalizing a firm’s value chain and utilizing value networks.
    • is able to participate as part of a team in analyzing the target market and drawing up a basic internationalization plan for a value chain activity of a firm.
    Assessment criteria - grade 5
    • is able to identify the different drivers and effects of globalization for firms and to analyze the relevant opportunities and challenges the international business environment poses.
    • has a solid knowledge of various operation modes in global markets.
    • has an analytical comprehension of how to internationalize a firm’s value chain and utilize value networks.
    • is able to analyze the target market by choosing relevant information and draw up a well justified internationalization plan for a value chain activity of a firm.
    • is an excellent team player enabling efficient project working
    Further information
    Globalization and internationalization (GLO1LH101A) is part of Growing Global module. The module includes following parts:

    Globalization and internationalization GLO1LH101A 5 cr
    Communication and culture GLO1LH101B 5 cr
    Language skills 5 cr (second foreign language; completed separately from parts A and B)
    Teaching methods and instruction

    Class based learning and team project, assignments, and independent work.

    Learning material and recommended literature

    Hollensen, S. Global Marketing, newest edition, parts I, II & III
    or
    Any International business textbook published after 2013:
    - Wall, S., Minocha, S. and Rees, B. 2016 International Business
    - Wild, J.J. and Wild, K.L. 2016 International Business, The Challenges of Globalization.

    Working life connections

    M5 Module Team Project, Internationalization of a Finnish Small or medium size Enterprise (SMA)

    Exam dates and re-exam possibilities

    No examination. RPL-process (see below) for upgrading or redoing the course.

    Teaching language

    English

    Internationality

    M5 Module Team Project, Internationalization of a Finnish Small or medium size Enterprise (SMA)

    Timing

    17.01.2022 - 20.05.2022

    Learning assignments

    M5 Module Team Project, Internationalization of a Finnish Small or medium size Enterprise (SMA) grading scale 1-5 Individual: Report supporting the M5 Module Team Project max 5 points Individual assignments 1-5 points during the weeks Moodle multiple choice exam max 20 points week 8 Individual max 51 points, passing minimum 20 points

    Enrollment

    03.01.2022 - 14.01.2022

    Content scheduling

    Drivers for Globalization pre assignment due FEB 12
    Forming Teams groups and Project plans online FEB 16 17:40-20:30
    Value chains & networks FEB 28-MAR 4
    International Market Research online MAR 9 17:40-20:30
    Development of international competitiveness MAR 14- APR 1
    Individual report (supporting project) APR 1
    International trade APR 4- APR 8
    Project Mid Term reporting online APR 13 17:40-20:30
    Channels/Partners APR 18- APR 22
    Market entry modes APR 25- APR 29
    M5 Team Project Report MAY 6
    M5 Team Project Presentations MAY 11 online 16:00-20:30

    Groups
    • LH3IC
    • EVENING
    • VIRTUAL
    • EXCH
    Alternative learning methods

    If the student has obtained the relevant knowledge and skills elsewhere, for example at work, s/he can demonstrate the knowledge and skills through the RPL process. See MyNet for further RPL information and instructions. (Liiketalouden NÄYTÖT)

    Assessment criteria

    Feedback for individual assignments in moodle as well as M5 team project, separate feedback for report and presentation

    Teachers

    Timo Rima

    Seats

    15 - 40

    Further information

    Individual points given (max 50) for class assignments, individual report and multiple choice Moodle exam, you need minimum of 20 points to pass the individual part (grade 1).
    M5 Team project includes a Report (70%) and Presentation (30%), grading with the scale of 1-5.

    Your Final Grade is the linear average of the above two with scale of 0-5.

    Degree Programme

    HELI Liiketalouden koulutusohjelma

    Virtual proportion

    5 cr

    Evaluation scale

    H-5