International Business (in English)

llsms2111  2019-2020  Louvain-la-Neuve

International Business (in English)
Note from June 29, 2020
Although we do not yet know how long the social distancing related to the Covid-19 pandemic will last, and regardless of the changes that had to be made in the evaluation of the June 2020 session in relation to what is provided for in this learning unit description, new learnig unit evaluation methods may still be adopted by the teachers; details of these methods have been - or will be - communicated to the students by the teachers, as soon as possible.
5 credits
30.0 h
Q1
Teacher(s)
Malhotra Sunita; Pouchain Frédéric;
Language
English
Prerequisites
 Introductory course in European economics.
Main themes
The course is dedicated to multinational strategies and their implementation inside organizations.
Content
DESCRIPTION AND OBJECTIVES
The course will tackle the strategic and organisational issues faced by local and global companies when they want/need to expand beyond their domestic market. The “why, when, where, how, and who” of international business will be addressed. 
Since the beginning of the 21st century, there has been not only acceleration in globalization of the economy and companies, but competition has appeared from new players and from new directions. Going abroad is not anymore the playground and the battlefield reserved to US- and Europe-based companies. Foreign direct investments made by Chinese companies or sovereign-wealth funds are making the headlines almost every day.
If moving goods and providing services around the world have become today very easy through supply chain, technology (r)evolution, and digitalization, going global requires also specific human resources and organizational models which are one of the key success factors of international business and probably the most difficult to get it right.
Objectives of the course are to:
  • review the macro- and micro-economic environment in which international business is taking place;
  • understand the reasons pushing companies to go abroad;
  • learn different ways to expand internationally, how to succeed and challenges to address;
  • be aware of new competition facing companies in globalization;
  • have a clear understanding of organizational and human resources aspects to address when internationalizing;
  • encourage students to build an international business “culture”.
CONTENT
The course will be divided in 3 parts, each taught by an adjunct professor:
  • Part I by Frédéric POUCHAIN: Companies going global: why, when, where, how, which ones.
  • Part II by Christophe BROGNAUX: Navigating the currents of globalization; the new global challengers; organizing for global advantage.
  • Part III by Sunita MALHOTRA: Organizational strategy & international human resources Management.
Teaching methods
  • The teaching method will be varied based on frameworks, studies, data, news, and business case.
  • It is compulsory to attend classes as they will be interactive and active participation is expected. Cases and articles have to be prepared beforehand. Presentations will have to be made by students.
Evaluation methods
The course will be evaluated based on individual class presence/participation for 30% and on a final teamwork paper for 70% (details will be given during the first lecture).
Other information
CREDIT, LANGUAGE, PRE-REQUISITE
This course is credited 5 ECTS (30 hours). It will be taught in English.
A basic strategy course is recommanded.
This course is only dedicated to CEMS students
STUDENT RECEPTION
Contacts have to be made by email as we have no office on the campus:
General questions about the course will have to be addressed to Frédéric POUCHAIN.
COURSE ORGANIZATION
Q1P2 from November 15th to December 11st, 2018 (see point 9 for the schedule).
Online resources
http://icampus.uclouvain.be/claroline/course/index.php?cid=LSMS2111
Bibliography
Slides, cases, and articles will be available on Moodle. News will be posted on this online platform with the preparation for each lecture.
Faculty or entity
CLSM