Professional Documents
Culture Documents
School of Management
Department of Business
Management
Learning Guide
BUSINESS MANAGEMENT 3B
BMG03B3 / BMA23B3 / BMA3B01
&
BUSINESS STUDIES 3B
BMX23B3/BMX3B01
Academic year
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TABLE OF CONTENTS
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Section A: Administrative details
1. Welcome
We trust that information contained in this learning guide will assist in your preparation for lectures,
provide guidance in your studies and assessments, and contribute to your successful completion of
this module.
Approach
A human centred approach to innovative business and management.
3. Equality clause
All students will receive exactly the same amount of time to hand in assignments and to prepare
for tests and exams; will be measured against the same standards when exams, tests and
assignments are marked; and will be held to the same course rules. Justification: Every student
has the same right to equal treatment as every other student, which is in line with the Bill of Rights
in our country’s Constitution. This is why no exceptions to the course rules will be made at any
stage of the course or under any circumstances. Students with disabilities may apply for special
considerations.
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4. Who to contact for all other subject and/or departmental issues
Your first contact in this regard must be with either your lecturer for academic subject-related matters
or the administrative assistant for administrative matters.
Ms N Malaza
ADD 314 011 559 5008 nthabisengm@uj.ac.za
(SWC)
Ms
A Green 16 011 559 1208 mmamokintlanam@uj.ac.za
Mmamokintlana
(APB/DFC)
After consulting with your lecturer and administrative assistant, you may then escalate your queries
to:
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Departmental Dr DH Boikanyo A Green 16 011 5597446 hermanb@uj.ac.za
Coordinator
(APB)
Note, when one of the abovementioned functionaries is skipped in the consultation process, you will
be referred back to the person missed.
5. General information
Please refer to the Faculty Rules and Regulations and Academic Regulations.
6. Programme information
Please refer to the Faculty Rules and Regulations.
7. Module information
Business Management 2B
Pre-requisites for module Business Management 3B / Business Studies 3B
Module NQF level NQF Level 7
NQF credits 16 credits
Duration of module One semester (second semester)
The purpose of this module is to provide the student with knowledge, interpretation and an
understanding of risk management in any organisation. This module will further develop an
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appropriate understanding of global trends in sustainability as well as the possibilities for responding
and adapting to operating efficiently within dynamic environments.
OUTCOMES
reflect upon the principles, concepts and practice of risk and risk management
reflect upon the tenets of managing and leading in the face of complexity (change, stakeholder
demands, requirement for operational efficiency, with limited resources); and
demonstrate an ability to show flexibility, openness and a willingness to respond according to the
situation.
9. Scheduled classes
APK
SWC
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DFC
NB: Note that all the 3rd period lectures will be online on Collaborate Ultra. Look out for weekly
announcements from your lecturers on Blackboard for the links to join.
The ratio between the semester mark and the final summative assessment mark is 1:1. The
calculation of the final mark is shown in the table below:
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11. Assessment schedule/opportunities
Scope of the assessment: Similar to summative assessment one or two which was not
written.
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Section C: Facilitation of learning and assessment
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Name Nominate or specify a site or process.
Organise Arrange data according to certain criteria.
Predict Use the facts available to derive an outcome.
Relate Show the relation/connection of entities, how the concepts can be linked.
Solve Find an answer by using critical thinking and/or calculations.
Summarise Briefly state/list/write down only the most important detail/facts.
The lecture schedule for this module is given in the table below.
The lecture schedule for this module is given in the table below.
Lecturer
Week Date Topic
Unit
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Lecturer
Week Date Topic
Unit
22 August Test 1
21 September Test 2
12 12 10 Oct Use the period for any outstanding lectures or HB, JD, TB
discussion
13 October Online MCQ Test
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16. Learning units
Learning Unit 1
Lecture Unit 1
Topic Introduction: What is International Business?
Learning Outcomes
Describe the key concepts in international business.
Understand how international business differs from domestic business.
Identify major participants in international business.
Describe why firms internationalize.
Appreciate why you should study international business.
Learn the CKR Intangible Soft Skills™ and the CKR Tangible Process Tools™ to improve
your employability and success in the workplace..
Learning Unit 2
Lecture Unit 2
Topic Markets and the Internationalisation of the Firm
Learning Outcomes
Understand market globalization as an organizing framework.
Learn the driving forces of globalization.
Understand the impact of technological advances and globalization.
Learn the dimensions of globalization.
Understand firm-level consequences of market globalization.
Understand the societal consequences of globalization
Learning Unit 3
Lecture Unit 3
Topic The Cultural Environment of International Business
Learning Outcomes
Understand culture and cross-cultural risk.
Learn the dimensions of culture.
Describe the role of language and religion in culture.
Describe culture’s effect in international business.
Learn models and explanations of culture.
Understand managerial implications of culture
Learning Unit 4
Lecture Unit 4
Topic Ethics, Corporate Social Responsibility, Sustainability, and Governance
in International Business
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Learning Outcomes
Learn the components of ethical behavior and their importance in international business.
Recognize ethical challenges in international business.
Understand corporate social responsibility.
Understand sustainability.
Know the role of corporate governance.
Learn how to apply the framework for making ethical decisions.
Learning Unit 6
Lecture Unit 6
Topic Chapter 6 - Political and Legal Systems (risks) in National Environments
Learning Outcomes
Explain why nations trade.
Learn about how nations can enhance their competitive advantage.
Understand why and how firms internationalize.
Explain the strategies internationalizing firms use to gain and sustain competitive
advantage.
Learning Unit 7
Lecture Unit 7
Topic Government Intervention and Regional Integration / Africa
Learning Outcomes
Understand the nature of government intervention.
Know the instruments of government intervention.
Explain the evolution and consequences of government trade intervention.
Describe how firms can respond to government trade intervention.
Understand regional integration and economic blocs.
Identify the leading economic blocs.
Understand and explain the advantages and implications of regional integration.
Learning Unit 8
Lecture Unit 8
Topic Understanding Emerging Markets
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Learning Outcomes
Understand advanced economies, developing economies, and emerging markets.
Know what makes emerging markets attractive for international business.
Learn how to assess the true potential of emerging markets.
Evaluate the risks and challenges of emerging markets.
Learn the success strategies for emerging markets.
Understand corporate social responsibility, sustainability, and the crisis of global poverty.
Learning Unit 9
Lecture Unit 9 – Chapter 9
Topic The International Monetary and Financial Environment
Learning Outcomes
Learn about exchange rates and currencies in international business.
Explain how exchange rates are determined.
Understand the emergence of the modern exchange rate system.
Describe the monetary and financial systems.
Identify the key players in the monetary and financial systems.
Understand the global debt crisis..
Learning Unit 10
Lecture Unit Chapter 11
Topic Strategy and Organization in the International Firm
Learning Outcomes
Describe strategy in international business.
Understand building the global firm.
Describe the integration-responsiveness framework.
Learn to identify strategies based on the integration-responsiveness framework.
Understand organizational structure in international business.
Understand foreign market entry strategies..
Learning Unit 11
Lecture Unit Chapter 12
Topic Global Market Opportunity Assessment
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Learning Outcomes
Understand how firms conduct a formal assessment of readiness to internationalize.
Determine the suitability of products and services for foreign markets.
Describe the method firms use to screen countries to identify target markets.
Understand how companies conduct in-depth assessment of industry-specific market
potential.
Explain how companies identify and choose foreign business partners.
Determine how managers estimate a company’s sales potential..
Learning Unit 12
Lecture Unit Chapter 13
Topic Exporting and Global Sourcing
Learning Outcomes
Understand exporting as a foreign market entry strategy.
Describe how to manage export-import transactions.
Explain identifying and working with foreign intermediaries.
Understand outsourcing, global sourcing, and offshoring.
Describe the benefits and risks of global sourcing.
Understand global sourcing strategies and supply-chain management.
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