MGMT20133 - International Business, Strategy and Corporate Transformation

General Information

Unit Synopsis

Businesses are at the dawn of a fourth industrial revolution, propelled by frontier technologies and robotisation advances that make the product better, cheaper and faster than ever before. This new industrial revolution offers enormous opportunities for businesses to grow and gain sustainable development with potential benefits on a scale that is difficult to imagine. New technologies promise the possibilities of industrial upgrading and leapfrogging. Reconfiguration of world businesses environment, cheaper transportation and communication, coupled with more efficient logistics now help businesses to establish links to new global value chains. Strategic intuitiveness and the ability to quickly manage change is key to gain competitive positioning in the global context. As the capstone unit, you will integrate prior functional and interpersonal knowledge and skills acquired in previous units of the Master of Business Administration and examine international business practices and strategic management processes at an advanced level in different kinds of organisations. You will use your advanced level of knowledge and skills to analyse how organisations develop future business strategies which are influenced by domestic and international pressures. By considering the challenges facing contemporary businesses, you will examine how international business theories, strategic management concepts, frameworks and tools are used by business executives to develop a business plan and implement effective corporate transformation.

Details

Level Postgraduate
Unit Level 9
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Prerequisite: A minimum of 36 credit points made up from four (4) specified core/compulsory MBA units and an additional 12 credit points 

MGMT20129 Managing People, Organisations and Context.

MGMT 20130 Operations Management and Business Analytics

ACCT 20077 Accounting for Management Decision Making

ECON 20039 Economics for Managers

and 12 credit points (2  X 6 credit point units, either core or electives)

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

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Residential School Optional Residential School
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Unit Availabilities from Term 3 - 2024

Term 1 - 2025 Profile
Online
Term 2 - 2025 Profile
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes - in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Postgraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Group Work 40%
2. Report 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University's Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 1 - 2024 : The overall satisfaction for students in the last offering of this course was 100.00% (`Agree` and `Strongly Agree` responses), based on a 62.5% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Student feedback
Feedback
Students enjoyed this unit and always found the workshops and tutorials of great assistance. The case studies are very helpful in applying the theory towards a scenario as a practical activity.
Recommendation
Continue with the lecture and workshop model. Most students are part-time and work full-time, so an evening workshop from 6-8 and a recorded lecture could be considered.
Action Taken
Workshops were conducted from 6-8 PM.
Source: Student feedback
Feedback
Students enjoyed the unit contents and the style of delivery.
Recommendation
New cases and recent articles should be used to encourage students to read and learn. As corporate scenarios change, contemporary issue-related videos, discussion papers, or reports by McKinsey, Australia Institute, World Economic Forum, etc., would be very useful. The use of AI in an ethical way should be encouraged.
Action Taken
New cases and recent articles encouraged students to read and learn. As corporate scenarios change, contemporary issue-related videos, discussion papers, or reports by McKinsey, Australia Institute, World Economic Forum, etc., were posted on the Moodle site.
Source: Unit Coordinator experience and observation
Feedback
Case study discussion at the workshops is very interactive and educational. Students share their practical country-specific and industry-specific experiences. Break-out rooms offer opportunities to discuss and share ideas. Case presentations can be arranged during workshops.
Recommendation
Group activities on contemporary international business and trade issues to facilitate robust discussion. Formation of groups during the workshops to debate on international business topics. The students could be encouraged to select topics for discussion. .This will allow students to conceptualise and apply the theories to enhance their critical thinking and analytical capability.
Action Taken
Group activities on contemporary international business and trade issues were arranged to facilitate robust discussion. Groups were formed during the workshops to debate international business topics. The students were allowed to select topics for discussion. This helped students to conceptualise and apply the theories to enhance their critical thinking and analytical capability.
Source: Queries on assessment tasks, workshop discussion, case analysis at workshops, and emails
Feedback
Lack of academic skills to review articles. Many students know how to write descriptive reports but not analytical plans using models and theories.
Recommendation
Arrange special workshops in weeks 2 and 5 to discuss reviewing articles, analysing cases, and using theories and models to answer questions. Use short cases specific to weekly topics, allowing students to find out critical concepts used in cases.
Action Taken
In Progress
Source: MBA students in conversation, workshops, emails, Zoom meetings.
Feedback
Relevance and positive application of international business concepts and theories.
Recommendation
To continue selecting new cases that deal with business strategies and challenges in a transformational business environment.
Action Taken
In Progress
Source: Students; feedback and UC's observation during the case study discussion and group works.
Feedback
Students are keen to learn from culturally and economically different contexts.
Recommendation
Cases from different countries and industries may be chosen to reveal contextual differences. Geographic conditions, level of economic development, and business practices in a changing global business environment may be introduced to generate interactive engagement.
Action Taken
In Progress
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Critically evaluate concepts and principles of international business, strategic management and corporate transformation
  2. Analyse and integrate specialist knowledge pertinent to global business and economic complexity
  3. Apply cognitive and technical skills to reflect on and synthesise complex problems and apply strategic frameworks to develop and implement business strategies
  4. Communicate corporate strategy highlighting the effects of decisions on business performance
  5. Demonstrate business acumen using appropriate strategic and transformative frameworks in a socially responsible manner.

N/A

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5
1 - Group Work
2 - Report
Alignment of Graduate Attributes to Learning Outcomes
Professional Level
Advanced Level
Graduate Attributes Learning Outcomes
1 2 3 4 5
1 - Knowledge
2 - Communication
3 - Cognitive, technical and creative skills
4 - Research
5 - Self-management
6 - Ethical and Professional Responsibility
7 - Leadership
Alignment of Assessment Tasks to Graduate Attributes
Professional Level
Advanced Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8