•   Company Internationalization FEK23VII01-3002 09.09.2024-20.12.2024  5 credits  (FEK22D-V) +-
    Competence objectives of the study unit
    The student
    - Understands company internationalization from theoretical and practical perspectives
    - Knows internationalization strategies and -methods
    - Knows how to conduct different analyses in a company’s internationalization process
    Prerequisites
    Techniques of Foreign Trade
    Cultural Knowledge and Different Market Areas
    Content of the study unit
    - Reasons for companies to internationalize
    - Opportunities and barriers in internationalization
    - Business and market entry strategies in internationalization
    - Choice of markets and use of analyses (macro and micro business environment)
    Assessment criteria
    Failed (0)
    Fail in examination and no participation and submissions in assignments.
    Assessment criteria – satisfactory (1-2)
    Students understand the concept of internationalization and has the ability to work independent and in a group.
    Students have the ability to retrieve information from various sources and understand the importance of the accuracy and reliability of the information.
    Students can act ethically and communicate professionally.
    Students are aware of issues related to sustainability and responsible action in the company's internationalization.
    Assessment criteria – good (3-4)
    Students understand the concept of internationalization and can adapt it in reality.
    Students can search information, work successfully independently and in a group.
    Students have the ability to assess the accuracy and reliability of the information.
    Students can report on their own learning process.
    Students can act ethically and communicate professionally.
    Students can reason about issues of sustainability and responsible action in the company's internationalization.
    Assessment criteria – excellent (5)
    Students understand deeply the concept of internationalization and its parameters and can adapt it innovatively in reality.
    Students have the ability to do an extensive information search, work successfully independently and in a group.
    Students have the ability to analytically assess the accuracy and reliability of the information.
    Students can deeply reflect on their own learning process.
    Students take the initiative, act ethically and communicate professionally in different situations.
    Students can discuss and use the understanding of issues of sustainability and responsible action in the company's internationalization.
    Name of lecturer(s)

    Henrik Virtanen

    Learning material

    - Griffin, Ricky W. & Pustay, Michael W. (2020). International Business: A Managerial Perspective. 9th edition (or older). Harlow : Pearson Education.
    - Articles and other material provided by the teacher.

    Learning methods

    The objective of the course is that the student understands company internationalization from theoretical and practical perspectives, barriers and supportive factors for internationalization, internationalization strategies, location choices and modes of entry. The teaching methods to meet the objective are lectures, guest lectures, group and individual assignments and an exam.

    Objects, timing and methods of assessment

    Grading system (numerical 1-5):
    - 5: The student understands deeply the concept of internationalization and its parameters and can utilize it innovatively in case examples. The student can work fluently in a group and reflect insightfully on the own learning process. Active participation in lectures.
    - 3-4: The student understands the concept of internationalization and can adapt it into case examples. The student can work successfully in a group and report the own learning process. Participation in lectures.
    - 1-2: The student understands the concept of internationalization and has the ability to work in a group. Passive participation in lectures.
    - 0: Fail in examination and no participation and submissions in assignments.

    Teaching language

    English

    Timing

    09.09.2024 - 20.12.2024

    Enrollment date range

    15.06.2024 - 09.09.2024

    Group(s)
    • FEK22D-V
    Responsible unit

    Faculty of Business

    Small group(s)
    • FEK22-I (Size: 30.
    Teachers and responsibilities

    Henrik Virtanen

    Degree Programme(s)

    Degree Programme in Business Administration

    RDI share

    0.00 credits

    Share of online studies

    0.00 credits

    Assessment scale

    H-5

    Timing and attendance

    Autumn semester 2024. Lectures according to schedule. Vaasa Campus.

    Student's schedule and workload

    Total workload of the course: 135 h
    -Of which scheduled studies 40 h
    -Of which autonomous studies: 95 h

    Assessment criteria
    Failed (0)

    Fail in examination and no participation and submissions in assignments.

    Assessment criteria – satisfactory (1-2)

    The student understands the concept of internationalization and has the ability to work in a group. Passive participation in lectures.

    Assessment criteria – good (3-4)

    The student understands the concept of internationalization and can adapt it into case examples. The student can work successfully in a group and report the own learning process. Participation in lectures.

    Assessment criteria – excellent (5)

    The student understands deeply the concept of internationalization and its parameters and can utilize it innovatively in case examples. The student can work fluently in a group and reflect insightfully on the own learning process. Active participation in lectures.