Students
BUS 201 – Introduction to Global Business
2014 – MQC1 Day
General Information
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| Unit convenor and teaching staff |
Unit convenor and teaching staff
Unit Convenor
Stephen Erichsen
Contact via stephen.erichsen@mq.edu.au
Thursdays 430-600pm
Moderator
Murray Taylor
Contact via murray.taylor@mq.edu.au
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|---|---|
| Credit points |
Credit points
3
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| Prerequisites |
Prerequisites
BBA102 or admission to BeBus
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| Corequisites |
Corequisites
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| Co-badged status |
Co-badged status
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| Unit description |
Unit description
International business includes all business activities that involve business organisations from two or more countries. Although international business has many similarities with domestic business, there are significant differences which this unit examines. At an international level, managers must accommodate a highly complex environment. Key variables in this environment include: different currencies; different government policies concerning trade; subsidies and controls on foreign investment; as well as the variables that exist in any domestic environment such as competition, costs and customer characteristics. Topics examined in the unit include: forms of international business; the political and cultural context of international business; theories of international trade and investment; regional economic integration; and an introduction to multilateral institutions such as the IMF, the World Bank group and the World Trade Organisation.
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Important Academic Dates
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
Learning Outcomes
On successful completion of this unit, you will be able to:
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Assessment Tasks
| Name | Weighting | Due |
|---|---|---|
| Presentation | 10% | Week 5&6 |
| Individual Assignment | 30% | Week 8 |
| Group Report | 20% | Week 11 |
| Final Examination | 40% | City Campus Examination Period |
Presentation
Due: Week 5&6
Weighting: 10%
Submission: This must be submitted in Week 5&6 to your tutor in your regular tutorial class.
Extension: Only by prior arrangement with the Lecturer in Charge
Penalties: 10% for each day late.
What is required to complete the unit satisfactorily:
1. PRESENTATION
The Presentation is worth 15% of your final grade. It is due in weeks 5 and 6 in tutorials. It is marked individually.
You will be required to join a group (of no more than four students, preferably three). In your group you will give a presentation on an international firm that is related to one of the topics discussed in this course.
The firm to be examined is of your choosing and must be based around the following:
- must be a well-known, easily identifiable firm.
- must be related to one lecture topic and integrate theory and analysis where appropriate.
- must not choose a firm that you have used previously ie previous assignment or lecture/tutorial case study
It is expected that your presentation will not exceed 12 minutes with each student talking for no longer than 3 minutes. The presentation will cover key issues. These should include:
· Brief background of the firm and how it relates to international business
· How does the case study relate to a specific lecture topic?
· What difficulties/issues is the firm currently facing in its international operations? How would you address these difficulties/issues?
Presentations will start in Week Five in tutorials and it is expected that you will provide a printed copy of the slides to the tutor along with the presentation. Although your presentation will be presented as a group you will be individually assessed based on the marking criteria attached to the unit guide. There will be an emphasis on your presentation style and delivery as well as content. It is expected that every group member participates equally.
No extensions will be granted. Students who have not submitted the task in their given presentation week will be awarded a mark of 0 for the task, except for cases in which an application for special consideration is made and approved.
Students are reminded that simply reading the presentation to the class is not acceptable.
The assessment sheet for the presentation is attached to the unit outline.
On successful completion you will be able to:
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Individual Assignment
Due: Week 8
Weighting: 30%
Submission: This must be submitted in Week 8 to your tutor in your regular tutorial class.
Extension: Only by prior arrangement with the Lecturer in Charge
Penalties: 10% for each day late.
What is required to complete the unit satisfactorily:
2. INDIVIDUAL ASSIGNMENT
The individual assignment is worth 25% of your final grade.
Each student will be expected to submit an individual assignment of 2,000 words in their Week 8 tutorials and via Turnitin. The required format for the assignment is an ESSAY. The topic is as follows:
Choose and collect two newspaper or periodical articles that have relevance for international firms from developed markets doing business in emerging/developing markets.
Your chosen articles must be published between 3rd March and 27th April 2014 in one of the following newspapers or periodicals:
The Sydney Morning Herald, The Australian, The Australian Financial Review, The Wall Street Journal (US edition), Business Review Weekly, The Economist
Based on your articles you should address the following points within your essay:
1. What are the implications for international firms doing business within an emerging/developing market? Do you consider the legal, political, cultural and economic differences between home and host countries to be important considerations for international firms?
2. In your opinion, what is the most relevant macro-environment factor for an international business when choosing to internationalise into an emerging/developing market? Discuss any international business concepts or theories that could be used to help justify your answer.
Include copies of both articles (either the original ‘cut-outs’ or a print out of the article from the newspaper’s website) as appendices to your assignment.
Your essay should incorporate at least 12 different references. These can be sourced from the following:
· Academic articles
· Relevant textbooks
· Periodicals
· Newspapers
· Relevant online sources
The 12 references should be evenly balanced between these five resource options. Examples of all of these reference options are detailed on pages 4-5 of this guide.
Students are expected to maintain an appropriate standard in presenting their essay Remember to acknowledge your sources throughout the paper using the Harvard referencing system. The report is to be typed and 1.5 spaced (a standard 12 point font should be used). It should be checked for spelling, consistency and clarity of expression.
No extensions will be granted. Late tasks will be accepted up to 72 hours after the submission deadline. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved.
Your essay must be submitted to Turnitin.
On successful completion you will be able to:
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Group Report
Due: Week 11
Weighting: 20%
Submission: Hard copy to your tutor in Week 10
Extension: Only by arrangement with Lecturer in Charge
Penalties: 10% for each day that it is late
What is required to complete the unit satisfactorily:
3. GROUP REPORT
The Group Report is worth 20% of the final grade. It is due in Week 11 in tutorials.
In the same group as the group presentation you will develop a 4500 word written REPORT on the details below:
You have been asked to write a report outlining how Australia would be able to build sustainable, national competitive advantage in one of the three following industries.
- Video games industry
- Pharmaceutical industry
- International education
Your report should draw upon new trade theory and Porter’s theory of national competitive advantage as the basis of your analysis.
In the body of your report you will need to provide the following
- Brief outline of each of the theories
- Outline the current position and issues of the Australian industry you have chosen
- Outline and justify what industry strategies and government policies you would recommend be adopted to improve Australia’s position in the industry for the short and long term.
As this is a group exercise all members of the group are expected to contribute actively and substantially. While it is understood that some members of the group may provide more input in the research, whereas others may do more of the actual written work, the group will be required to acknowledge that all group members have given quality time to the project.
While writing your report, you should incorporate relevant theories and concepts to justify your arguments. Remember to acknowledge your sources throughout the paper using the Harvard referencing system (in-text referencing).
The report is to be typed and 1.5 spaced (a standard 12 point font should be used). It should be checked for spelling, consistency and clarity of expression.
Your report should incorporate at least 30 different references. These can be sourced from the following:
· Academic articles
· Relevant textbooks
· Periodicals
· Newspapers
· Relevant online sources
The 30 references need to be evenly balanced between these five resource options. Examples of all of these reference options are detailed in this outline.
No extensions will be granted. Late tasks will be accepted up to 72 hours after the submission deadline. There will be a deduction of 10% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late (for example, 25 hours late in submission – 20% penalty). This penalty does not apply for cases in which an application for special consideration is made and approved.
All group work is peer moderated (see Appendix 1)
In Week 10 each student will submit a peer evaluation assessment for each member in their group (including themselves). This will then allow a peer factor to be allocated to the Group’s raw score for each individual student, allowing a dispersion of marks within the same group. This peer factor is kept confidential. (See Appendix 1)
On successful completion you will be able to:
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Final Examination
Due: City Campus Examination Period
Weighting: 40%
Examination conditions:
A compulsory two hour final exam will be set during the exam period. The examination will be ‘closed book’. The format of the final exam will be long essay questions.
You are expected to present yourself for examination at the time and place designated in the University Examination Timetable. The timetable will be available in Draft form approximately eight weeks before the commencement of the examinations and in Final form approximately four weeks before the commencement of the examinations.
http://www.timetables.mq.edu.au/exam
The only exception to not sitting an examination at the designated time is because of documented illness or unavoidable disruption. In these circumstances you may wish to consider applying for Special Consideration. The University’s policy on special consideration process is available at http://www.mq.edu.au/policy/docs/special_consideration/policy.html
If a Supplementary Examination is granted as a result of the Special Consideration process the examination will be scheduled after the conclusion of the official examination period. (Individual Faculties may wish to signal when the Faculties’ Supplementary Exams are normally scheduled.)
The Macquarie university examination policy details the principles and conduct of examinations at the University. The policy is available at: http://www.mq.edu.au/policy/docs/examination/policy.htm
On successful completion you will be able to:
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Delivery and Resources
Classes
This unit is taught using lectures and applications lectures (whole-of-class tutorials).
Required and Recommended Texts and/or Materials
BUS201 Global Business 3e Compiled by Murray Taylor for Macquarie University, McGraw-Hill Australia and is available for purchase at the University Bookshop
Changes since the Last Offering of this Unit
Please note that the textbook has been revised and updated. The assessment tasks have also been revised and updated.
Other useful references – TEXTBOOKS
· Cavusgil, S.T., Knight, G., Riesenberger, J.R., (2012) International Business: The New Realities, Upper saddle River, N.J. : Pearson Prentice Hall, (ON RESERVE)
· Cavusgil, S.T., Knight, G., Riesenberger, J.R., Rammal, H.G., Freeman, S., (2012) International Business: The New Realities Australasian Edition, Pearson Australia, (ON RESERVE)
· Czinkota, M.R., Ronkainen, I.A., Moffett, M.H., (2010) International business, 8th ed, Mason, Ohio: Thomson South-Western – (ON RESERVE)
· Daniels, J.D., Radebaugh, L. H., Sullivan, D.P., (2012) International business: environments and operations, 12th ed, Upper Saddle River, NJ: Pearson/Prentice Hall (ON RESERVE)
· Hill, C.W.L., (2013) International business: competing in the global marketplace, 9th ed, Boston : McGraw-Hill/Irwin (ON RESERVE)
· Hill, C.W.L., Cronk, T., Wickramasekera, R., (2014) Global Business Today, 3rd ed, North Ryde, Sydney: McGraw-Hill Australia (ON RESERVE)
· Morrison, J., (2009) International business : challenges in a changing world, New York: Palgrave Macmillan (ON RESERVE)
· Peng, M., (2013) Global, Mason, Ohio, Southwestern Cengage Learning, (ON RESERVE)
· Rugman, A., Brewer, T.L., (2001) The Oxford handbook of international business, Oxford, New York: Oxford University Press (ON RESERVE)
· Sitkin, A., Bowen, N., (2012) International business: challenges and choices, New York, Oxford University Press (ON RESERVE)
· Wild, J.J., Wild, K. L., Han, J.C.Y., (2013) International business: the challenges of globalisation, 7th ed, Upper Saddle River, NJ: Prentice Hall: (ON RESERVE)
Other references - ACADEMIC JOURNALS
There is a range of journals in the fields of international business and management. The titles below are indicative only of such publications. Most are available on the library databases:
- Academy of Management Review
- Asia Pacific Journal of Management
- Cross Cultural Management
- International Business Review
- Journal of Asia Business
- Journal of International Business Studies
- Journal of International Management
- Journal of World Business
- Management International Review
- Thunderbird International Business Review
Other references – PERIODICALS
There is a range of periodicals in the fields of international business and management. The titles below are indicative only of such publications:
- Business Review Weekly (BRW)
- Business Week (Asian edition)
- Harvard Business Review
- The Wall Street Journal
- The Economist
Other references - USEFUL WEBSITES
- Australian Bureau of Statistics: http://www.abs.gov.au/
- Department of Foreign Affairs and Trade: http://www.dfat.gov.au/
- World Trade Organisation: http://www.wto.org/
- International Monetary Fund: http://www.imf.org/
- The World Bank: http://www.worldbank.org/
- UNCTAD-United Nationals Conference on Trade and Development: http://www.unctad.org
- International Trade Centre: http://www.intracen.org/
- Australian Financial Review: http://www.afr.com.au
- International business news:
- orthodox views:
- The Economist - http://www.economist.com (some parts available only on subscription)
- alternative views:
- Green Left Weekly -http://www.greenleft.org.au
- New Internationalist - http://www.newint.org
Technology Used and Required
No specific technology is required for this subject
Unit Web Page
Course material is available on the learning management system (iLearn) http://ilearn.mq.edu.au
Unit Schedule
Lecture Schedule
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Date |
Topic |
Readings |
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Week 1 17 March |
Introduction and Expectations– Explanation of unit outline & course expectations The implications of globalisation |
Chapter 1 |
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Week 2 24 March |
Culture and Business The implications of culture for business
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Chapter 2 |
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Week 3 31 March |
National Differences in Political Economy Political, legal and transitional variations |
Chapter 3 |
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Week 4 7 April |
Economic Environment and Development Group Presentations (in tutorial)
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Chapter 4 |
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Week 5 14 April |
Ethics and corporate responsibility Behaving responsibly around the world Presentations (in tutorial)
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Chapter 5 |
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Week 6 Make-up for 21 April |
The Rise of Emerging Markets An examination of emerging markets and their expanding role in global business Presentations if necessary (in tutorial)
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No chapter in textbook - see notice on iLearn/lectures |
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Week 7 28 April |
International trade and investment theory The conceptual basis and theoretical benefits of trade and investment Submit Personal Assignment |
Chapter 6 |
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Week 8
5 May |
The Political Economy of Trade and Investment WTO and trade liberalisation and regulation; regionalism and trading blocs; the rise of bilateralism
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Chapter 7 |
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Week 9
12 May |
Foreign Direct Investment History and structures
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Chapter 8 |
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Week 10
19 May |
Regional Economic Integration Different economic systems and their implication for international business |
Chapter 9 |
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Week 11
26 May |
Foreign Exchange The impact of foreign exchange for IB Submit Group Assignment
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Chapter 10 |
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Week 12 2 Jun |
International Monetary System The monetary system major players, and systems
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Chapter 11 |
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Week 13 Make-Up for 9 Jun |
Course Review Exam Preparation |
Tutorial Schedule
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Session |
Topic |
Assigned Work |
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Week 1
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No tutorials in Week 1 |
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Week 2 24 March |
Globalisation |
Tutorial discussion –The globalisation of markets in our everyday lives?
Form groups |
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Week 3
31 March |
Culture |
Tutorial activity - Handout provided in class.
Finalise groups |
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Week 4 7 April |
National Differences in Political Economy |
Read Opening case “The risks of regulatory change: Animal welfare and the live cattle trade to Indonesia” (P117, qns – P160)
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Week 5 14 April |
Presentations |
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Week 6 Make-Up for 21 April |
Presentations |
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Week 7 28 April |
The Rise of Emerging Markets |
Tutorial activity – details provided in class Submit individual assignment |
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Week 8 5 May |
International Trade and Investment |
Read Closing case – Logitech (P295) |
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Week 9 12 May |
Political Economy |
Read – Closing case, ‘Tobacco Plain-Packaging Laws in Australia: Health or Trade Issues?’(P353) |
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Week 10 19 May |
Foreign Direct Investment |
Read – Closing Case “Spain’s Telefonica” (P389) |
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Week 11 26 May |
Regional Economic Integration |
Read – Closing Case “NAFTA and Mexican Trucking” (P423) Tutorial activity – details provided in class Submit group assignment |
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Week 12 2 June |
Forex markets |
Read – Closing Case “Caterpillar” (P454) Tutorial activity – details provided in class |
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Week 13 Make-Up for 10 June |
Course revision |
Revision, exam preparation and feedback on group report |
Policies and Procedures
Macquarie University policies and procedures are accessible from Policy Central. Students should be aware of the following policies in particular with regard to Learning and Teaching:
Academic Honesty Policy http://mq.edu.au/policy/docs/academic_honesty/policy.html
Assessment Policy http://mq.edu.au/policy/docs/assessment/policy.html
Grading Policy http://mq.edu.au/policy/docs/grading/policy.html
Grade Appeal Policy http://mq.edu.au/policy/docs/gradeappeal/policy.html
Grievance Management Policy http://mq.edu.au/policy/docs/grievance_management/policy.html
Disruption to Studies Policy http://www.mq.edu.au/policy/docs/disruption_studies/policy.html The Disruption to Studies Policy is effective from March 3 2014 and replaces the Special Consideration Policy.
In addition, a number of other policies can be found in the Learning and Teaching Category of Policy Central.
Student Code of Conduct
Macquarie University students have a responsibility to be familiar with the Student Code of Conduct: https://students.mq.edu.au/support/student_conduct/
Grades
Macquarie University uses the following grades in coursework units of study:
· HD - High Distinction
· D - Distinction
· CR - Credit
· P - Pass
· F – Fail
Grade descriptors and other information concerning grading are contained in the Macquarie
University Grading Policy which is available at:
http://www.mq.edu.au/policy/docs/grading/policy.html
For further information, please refer to the following link:
http://universitycouncil.mq.edu.au/legislation.html
Grade Appeals and Final Examination Script Viewing City Campus
If, at the conclusion of the unit, you have performed below expectations, and are considering lodging an appeal of grade and/or viewing your final exam script please refer to the following website which provides information about these processes and the cut off dates in the first instance. Please read the instructions provided concerning what constitutes a valid grounds for appeal before appealing your grade.
http://www.city.mq.edu.au/reviews-appeals.html
Attendance at Macquarie City Campus
All Students are required to attend at least 80% of the scheduled course contact hours each Session. Additionally Macquarie City Campus monitors the course progress of international students to ensure that the student complies with the conditions of their visa relating to attendance.
This minimum level of attendance includes all lectures and tutorials. Tutorial attendance will be recorded weekly. If any scheduled class falls on a public holiday this will be rescheduled as advised by your Lecturer. Attendance at any mid-Session or in-class test is compulsory unless otherwise stated.
Unavoidable non-attendance due to illness or circumstances beyond your control must be supported by appropriate documentation to be considered for a supplementary test. Other non-attendance will obtain zero for the test. You should refer to the Disruptions Policy for more details about this.
Student Support
Macquarie University provides a range of support services for students. For details, visit http://students.mq.edu.au/support/
Learning Skills
Learning Skills (mq.edu.au/learningskills) provides academic writing resources and study strategies to improve your marks and take control of your study.
Student Support at Macquarie City Campus
Students who require assistance are encouraged to contact the Student Services Manager at Macquarie City Campus. Please see reception to book an appointment.
Macquarie University provides a range of Academic Student Support Services. Details of these services can be accessed at http://students.mq.edu.au/support/
At any time students (or groups of students) can book our Student Advising rooms on Level 6 by emailing info@city.mq.edu.au with a day and time and nominated contact person. There are additional student study spaces available on Level 1.
Macquarie University Campus Wellbeing also has a presence on the City Campus each week. If you would like to make an appointment, please email info@city.mq.edu.au or visit their website at: http://www.campuslife.mq.edu.au/campuswellbeing
StudyWISE provides:
· Online learning resources and academic skills workshops http://www.mq.edu.au/learning_skills
· Personal assistance with your learning & study related questions
· ALPS - http://www.students.mq.edu.au/support/learning_skills/postgraduate/alps/
Student Services and Support
Students with a disability are encouraged to contact the Disability Service who can provide appropriate help with any issues that arise during their studies.
Student Enquiries
For all student enquiries, visit Student Connect at ask.mq.edu.au
IT Help
For help with University computer systems and technology, visit http://informatics.mq.edu.au/help/.
When using the University's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students.
IT Help at Macquarie City Campus
If you wish to receive IT help, we would be glad to assist you at http://informatics.mq.edu.au/help/ or call 02 9850-4357.
When using the university's IT, you must adhere to the Acceptable Use Policy. The policy applies to all who connect to the MQ network including students and it outlines what can be done.
Students must use their Macquarie University email addresses to communicate with staff as it is University policy that the University issued email account is used for official University communication.
Students are expected to act responsibly when utilising Macquarie City Campus IT facilities. The following regulations apply to the use of computing facilities and online services:
· Accessing inappropriate web sites or downloading inappropriate material is not permitted.
· Material that is not related to coursework for approved unit is deemed inappropriate.
· Downloading copyright material without permission from the copyright owner is illegal, and strictly prohibited. Students detected undertaking such activities will face disciplinary action, which may result in criminal proceedings.
Non-compliance with these conditions may result in disciplinary action without further notice.
If you would like to borrow headphones for use in the Macquarie City Campus computer labs (210, 307, 311, 608) at any point, please ask at Level 2 Reception. You will be required to provide your MQC Student ID card. This will be held as a deposit while using the equipment.
For assistance in the computer labs, please see a Lab Demonstrator (usually they can be found in Lab 311, otherwise ask at Level 2 Reception).
Graduate Capabilities
Discipline Specific Knowledge and Skills
Our graduates will take with them the intellectual development, depth and breadth of knowledge, scholarly understanding, and specific subject content in their chosen fields to make them competent and confident in their subject or profession. They will be able to demonstrate, where relevant, professional technical competence and meet professional standards. They will be able to articulate the structure of knowledge of their discipline, be able to adapt discipline-specific knowledge to novel situations, and be able to contribute from their discipline to inter-disciplinary solutions to problems.
This graduate capability is supported by:
Learning outcomes
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
Assessment tasks
- Presentation
- Individual Assignment
- Group Report
- Final Examination
Critical, Analytical and Integrative Thinking
We want our graduates to be capable of reasoning, questioning and analysing, and to integrate and synthesise learning and knowledge from a range of sources and environments; to be able to critique constraints, assumptions and limitations; to be able to think independently and systemically in relation to scholarly activity, in the workplace, and in the world. We want them to have a level of scientific and information technology literacy.
This graduate capability is supported by:
Learning outcomes
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Assessment tasks
- Presentation
- Individual Assignment
- Group Report
- Final Examination
Problem Solving and Research Capability
Our graduates should be capable of researching; of analysing, and interpreting and assessing data and information in various forms; of drawing connections across fields of knowledge; and they should be able to relate their knowledge to complex situations at work or in the world, in order to diagnose and solve problems. We want them to have the confidence to take the initiative in doing so, within an awareness of their own limitations.
This graduate capability is supported by:
Learning outcomes
- Analyse the complexity of the international business environment by understanding international business trends along with the changes and contrasts between foreign markets through the differences in their legal, cultural, economic, and political systems.
- Identify the core principles of contemporary IB theory to international business development and practice through the study of international trade and investment, FDI, regional economic integration and international monetary systems.
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Assessment tasks
- Presentation
- Individual Assignment
- Group Report
- Final Examination
Effective Communication
We want to develop in our students the ability to communicate and convey their views in forms effective with different audiences. We want our graduates to take with them the capability to read, listen, question, gather and evaluate information resources in a variety of formats, assess, write clearly, speak effectively, and to use visual communication and communication technologies as appropriate.
This graduate capability is supported by:
Learning outcomes
- Analyse and integrate literature on international business to create a coherent, practical, rigorous argument.
- Critically evaluate and reflect upon international business decisions, systems and policies through the use of applied questions and case study analysis.
Assessment tasks
- Presentation
- Individual Assignment
- Group Report
- Final Examination
Marking Guides and Peer Assessment Form
Marking Guides for Assignments
BUS 201 Presentation – Marking Matrix and Individual Feedback Summary Sheet
|
|
Not attempted |
Fail |
Pass |
Credit |
Distinction |
High Distinction |
|
|
Presentation Content - Fulfills purpose (inform, persuade) Relevant and sufficient information (40%) |
Not attempted or entirely or significantly plagiarized from other sources |
Does not address the stated purpose Content is mostly irrelevant and lacks sufficient research Specific terminology not used
|
Partially achieves the stated purpose Content is mostly relevant but does not include sufficient research Some specific terminology used |
Achieves the stated purpose Content is relevant and includes sufficient research Specific terminology used |
Fully achieves the stated purpose. Content is relevant with excellent research and use of terminology |
Fully achieves the stated purpose in an exceptional manner Content makes new connections, with excellent research and use of terminology |
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Interest - Awareness of audience, Effectiveness of techniques/ visuals (10%)
|
Not attempted or entirely or significantly plagiarized from other sources |
Presentation frequently inappropriate for target audience Techniques/ visuals haphazard or poorly executed
|
Presentation occasionally inappropriate for target audience Techniques/ visuals adequate but occasionally sloppy
|
Presentation appropriate for target audience Techniques/ visuals adequate and mostly interesting
|
Presentation considerably stimulates audience interest. Techniques/ visuals creative and interesting
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Presentation is very well pitched to audience, or modified in view of audience reactions Innovative but appropriate techniques/ visuals greatly stimulated audience interest. |
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Delivery - Verbal (voice- speed, volume), Non verbal (eye contact, gesture, stance), Time limit (50%)
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Not attempted or entirely or significantly plagiarized from other sources |
Delivery strongly detracts from content; e.g. pronunciation unclear, speech inaudible, too many filler words/ slang, distracting gestures, mostly reading from notes with little eye contact, exceeded time limit. |
Delivery detracts from content only in places; e.g., pronunciation mostly clear, speech mainly audible; some distracting filler words and gestures, occasional eye contact with audience, spoke within time limit |
Delivery supports content; audible, pronunciation, minimal distracting gestures, regular eye contact with audience, spoke within time limit |
Delivery effectively supports content by allowing audience to focus on message. Nervousness may be evident but mostly under control, spoke within time limit
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Confident delivery does not just convey the message but significantly enhances it; excellent use of volume, pace, etc Nervousness may be evident but under control
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General observations/comments
Mark: /15
BUS 201 Individual Assignment – Marking Matrix and Feedback Summary Sheet
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Not attempted |
Fail |
Pass |
Credit |
Distinction |
High Distinction |
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Understanding of questions and application of theory/concepts (40%)
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Not attempted/ entirely or significantly plagiarized from other sources. |
Fails to answer the questions or misinterprets the questions. Demonstrates minimal understanding or application of relevant theory/concepts
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May focus on only some aspects of the questions. Demonstrates a basic understanding or application of the relevant theory/concepts
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Responds to most aspects of the questions. Demonstrates some understanding and application of key aspects of the relevant theory/concepts
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Responds to all aspects of the questions. Demonstrates a good understanding and application of the relevant theory/concepts
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Fully responds to all aspects of the questions. Demonstrates advanced understanding of the relevant theory. Suggests possible extensions and applications of theory/concepts |
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Structure of argument Depth of analysis (30%) |
Not attempted/ entirely or significantly plagiarized from other sources |
Presents ideas in a confusing way. May simply describe superficial aspects of topic with little critical analysis. Draws irrelevant conclusions |
Structures argument with some flaws in logic. May simply restate or describe with little critical analysis. Draws limited conclusions. |
Satisfactorily structures argument with credible logic. May sometimes describe rather than analyse or evaluate. Draws limited conclusions. |
Develops a clear, progressive and convincing argument throughout the work. Draws logical conclusions
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Develops a compelling argument with creative examples and defensible generalisations. Draws well-supported conclusions. |
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Quality of research (10%)
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Not attempted/ entirely or significantly plagiarized from other sources |
Uses a small number of references (fewer than the minimum) concerning the topic. Provides little evidence of research on the topic.
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Relies extensively on textbook, or limited other sources. Provides little evidence of research on the topic. Meets the minimum number of references. |
Uses some sources related to topic, demonstrating some evidence of research
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Identifies key sources related to topic, demonstrating good evidence of research |
Insightful and comprehensive identification of relevant scholarly literature, demonstrating very good evidence of research |
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Communicative quality - quality of writing, format, spelling, word choice (10%) |
Not attempted/ entirely or significantly plagiarized from other sources |
Language is frequently too informal for academic purposes. Errors in grammar make overall meaning unclear. Errors in spelling and presentation distract reader. |
Language is occasionally informal. Errors in grammar make meaning unclear in places. Minor errors in spelling and presentation may distract reader. |
Language is generally appropriate for an academic essay, with only occasional minor errors in grammar, spelling or presentation. |
Writing style and presentation are of a high academic standard. |
Writing style is exemplary and of a publishable academic standard. |
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Citations and referencing – in-text referencing, appropriate use of references, bibliographic referencing (10%)
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Not attempted/ entirely or significantly plagiarized from other sources |
Uses referencing minimally or mostly incorrectly. |
Uses referencing but with omissions and errors. |
Uses referencing but with minor inconsistencies. |
Uses referencing with very few minor inconsistencies. |
Uses accurate referencing of a publishable academic standard. |
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General observations/comments
Mark: /25
BUS 201 Group Report – Marking Matrix and Feedback Summary sheet
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Not attempted |
Fail |
Pass |
Credit |
Distinction |
High Distinction |
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Executive Summary (10%) |
Not attempted or entirely or significantly plagiarized from other sources |
Does not identify key features of the report or many details are incorrect or unnecessary |
Identifies most key features of the report and details are mostly correct, although significantly more detail may be needed. |
Correctly identifies key features of the report. Detail is mostly correct, although more detail may be needed. |
Identifies key features of the report with adequate detail, summarising the overall report. |
Identifies key features and provides plentiful detail. Provides an outstanding summary of the key themes, ideas and conclusions in the report |
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Critical analysis (40%)
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Not attempted/ entirely or significantly plagiarized from other sources. |
Little detail given. Minimal connections between trade theories and the chosen industry. Demonstrates minimal understanding or application of relevant theory.
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Some detail/ explanation given. Demonstrates a basic understanding or application of relevant theory.
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Reasonable detail/ explanation given. Demonstrates some understanding and application of key aspects of relevant theory.
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Detail showing some insight. Demonstrates a good understanding and application of relevant theory.
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Plentiful detail/Clearly explained. Demonstrates advanced understanding of relevant theory.
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Recommendations – evidence, clarity and expression (30%)
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Not attempted/ entirely or significantly plagiarized from other sources. |
Recommendations, if suggested, not developed or supported. Substandard, or no merit to conclusions
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Recommendations are not well developed and supported Conclusions are evident to your critical analysis
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Logically developed recommendations supported by evidence Effective conclusions to your critical analysis
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Logically developed recommendations clearly supported by evidence Comprehensive conclusion to your critical analysis
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Logical recommendations developed in a scholarly fashion supported by evidence Conclusion draws argument together in an influential and scholarly manner from your critical analysis. |
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Quality of research (10%)
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Not attempted/ entirely or significantly plagiarized from other sources |
Uses a small number of references (fewer than the minimum) concerning the topic. Provides little evidence of research on the topic.
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Relies extensively on textbook, or limited other sources. Provides little evidence of research on the topic. Meets the minimum number of references. |
Uses some sources related to topic, demonstrating some evidence of research
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Identifies key sources related to topic, demonstrating good evidence of research |
Insightful and comprehensive identification of relevant scholarly literature, demonstrating very good evidence of research |
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Communicative quality – structure, quality of writing, format, spelling, word choice (10%) |
Not attempted/ entirely or significantly plagiarized from other sources |
Language is frequently too informal for academic purposes. Errors in grammar make overall meaning unclear. Errors in spelling and presentation distract reader. Structure is not appropriate. |
Language is occasionally informal. Errors in grammar make meaning unclear in places. Minor errors in spelling and presentation may distract reader. Analysis is appropriately structured in a few areas. |
Language is generally appropriate for an academic essay, with only occasional minor errors in grammar, spelling or presentation. Analysis is appropriately structured in most areas |
Writing style and presentation are of a high academic standard. Analysis is appropriately structured in most areas. |
Writing style is exemplary and of a publishable academic standard. Analysis is appropriately structured in all areas. |
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General observations/comments
Mark: /20
APPENDIX 1
STUDENT EVALUATION OF MEMBER PARTICIPATION
In order to encourage equal participation on the part of all group members, each group will complete and turn in an evaluation of the group member (only for the Major Project group reports and presentations). This evaluation will indicate the percentage of contribution of group members to the group’s over-all performance. An evaluation must accompany each written research project. Use the following format:
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Student Name |
% Participation |
Individual Mark |
Signature |
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Tutorial Instructor________________________________________________________
Tutorial Group No_______ Date: ____________________
Group Project Name:______________________________________Mark___________
Each student should give each group member (including themselves) a participation mark out of 100%. Individual marks are calculated by multiplying the paper grade by the percentage awarded by peers. For example, if Joe Black was awarded 90% for his contribution to the research project and his group received 36 out of 40 points for the project, Joe’s individual mark would be 32.4%. Another student, awarded 100%, would receive 36 points.
Students can give each of the group members 100%. If this is done, each student receives the mark that was awarded to the total project (in the above example, 36 points). No student should receive 0% unless the student really did nothing to contribute to the completion of the project (for example, did not go to meetings, did not complete assigned tasks, and did not contribute to the conceptualisation of the project).
In completing this form you should take into account:
1. Willingness of the individual to carry out jobs assigned
2. Ability of the individual to meet deadlines
3. Co-operation with other team members
4. Quality of the individual’s work
Team Agreement - Group Project/Presentation Formation
In order to encourage commitment on the part of all group members, each team member will sign this Team Agreement which defines how the group will operate during the conduct of the Group Project. Each member of the group is to sign below to indicate that they will abide by the conditions of the agreement as set out below.
Tutor Name__________________________ Group No:_____ Date: _______
Tutorial Time____________
Name_____________________________________________
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Student ID |
Student Name |
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Signature |
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1. Team Contact: ______________________________________ Mobile :___________________
2. Manage Meetings: Time Required/When/Where/Frequency?
____________________________________________________________________________
3. Measure Performance? – Meeting deadlines, grammar, etc______________________________________________________________________________________________________________________________________________________
4. Team Goal(s)? HD, D, equal workload, attend all meetings, etc
________________________________________________________________________________________________________________________________________________________________
5. Resolve problems/conflict/lack of co-operation/disruptive behaviour, etc?
________________________________________________________________________________________________________________________________________________________________
6. Team Members Obligations (e.g. attend meetings on time; do all assignments on schedule; avoid personal conflict; allow free flow of ideas; listen to everyone; take personal responsibility for outcomes; inform people of decisions; make a file note after every meeting of future action steps and responsibility, help other team members to build their skills
_______________________________________________________________________________
_______________________________________________________________________________
7. How to share the workload?
________________________________________________________________________________________________________________________________________________________________
8. Quality Audit? (e.g. grammar, referencing, meeting of assignment requirements, layout, etc)
________________________________________________________________________________
Research and Practice
This unit uses research from external sources and Macquarie University researchers as listed in the references lists on iLearn
Team Agreement
Team Agreement/Group Project Formation
In order to encourage commitment on the part of all group members, each team member will sign this Team Agreement which defines how the group will operate during the conduct of the Group Project. Each member of the group is to sign below to indicate that they will abide by the conditions of the agreement as set out below.
Tutor Name__________________________ Group No:_____ Date: _______
Tutorial Time____________
Name_____________________________________________
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Student ID |
Student Name |
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Signature |
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1. Team Leader: ______________________________________ Mobile :___________________
2. Manage Meetings: Time Required/When/Where/Frequency?
____________________________________________________________________________
3. Measure Performance? – Meeting deadlines, grammar, etc______________________________________________________________________________________________________________________________________________________
4. Team Goal(s)? HD, D, equal workload, attend all meetings, etc
________________________________________________________________________________________________________________________________________________________________
5. Resolve problems/conflict/lack of co-operation/disruptive behaviour, etc?
________________________________________________________________________________________________________________________________________________________________
6. Team Members Obligations (e.g. attend meetings on time; do all assignments on schedule; avoid personal conflict; allow free flow of ideas; listen to everyone; take personal responsibility for outcomes; inform people of decisions; make a file note after every meeting of future action steps and responsibility, help other team members to build their skills
_______________________________________________________________________________
_______________________________________________________________________________
7. How to share the workload?
________________________________________________________________________________________________________________________________________________________________
8. Quality Audit? (e.g. grammar, referencing, meeting of assignment requirements, layout, etc)
________________________________________________________________________________