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This subject explores two important areas of concern facing managers of multinational corporations. First it examines the relationship and balance between global integration and local responsiveness that lies at the heart of understanding strategies of multinational enterprises (MNEs). This brings with it the question of organisational structure and design and aspects of the internal management of the MNE such as subsidiary tasks, control and coordination. Second, it delves into the many factors within host economies that impact on MNE operations. Third, it also deals with contemporary issues around managing MNEs such as MNEs from emerging economies and sustainability, ethics, and diversity in international business.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Understand the centrality of the Integration-Responsiveness grid and its application in modern corporations, comprehend how the internal functioning of MNC is managed, how resources such as materials and labour are accessed;
- Appropriately apply these theories, models, ideas and concepts to different scenarios as presented in case studies and exercises; and
- Critically analyse problems outlined in case studies in addressing the issues of global management.
On successful completion of this subject, students should have improved the following generic skills:
- Research skills involving the use of written and electronic sources and other forms of data and information;
- A range of analytical approaches to critically evaluate complex arguments in international management;
- The ability to evaluate, interpret and present analysis in oral and written communication; and
- Ability to work co-operatively in teams within a culturally diverse environment.
Last updated: 29 July 2022