Students

BUS 305 – Global Business and Environmental Risk

2015 – S2 Day

General Information

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Unit convenor and teaching staff Unit convenor and teaching staff Tutor
Hector Viveros
Contact via Contact via Email
E4B 104
In class consultation
Tutor
Bendanand Upadhaya
Contact via Contact via Email
E4B 104
In class consultation
Deborah Howlett
Claudius Singh
Credit points Credit points
3
Prerequisites Prerequisites
39cp
Corequisites Corequisites
Co-badged status Co-badged status
Prerequisites 39cp
Unit description Unit description
This unit examines the relationships between business, society and the environment in a global setting, including: ethics and social responsibility in a global business environment; the role of multinationals in creating a sustainable global business environment; the relationships of multinational enterprises with other significant actors on the international stage such as governments and non-governmental organisations (NGOs); and global economic, political, social and environmental risk assessment for businesses including threats from global terrorism and climate change. By the end of the unit students should have a strong appreciation of the impact of multinational enterprises on society and the environment as well as the implications of global social and environmental changes for business activities.

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:

  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Assessment Tasks

Name Weighting Due Groupwork/Individual Short Extension AI assisted?
AT1: Individual Case Study 30% Week 4, 5, or 6 No
AT2: Group report 20% Week 11, 20/Oct/2015 at 5pm No
AT3: Group presentation 10% Week 11- Week 13 No
AT4: Final Examination 40% TBA Exam Period No

AT1: Individual Case Study

Due: Week 4, 5, or 6
Weighting: 30%
Groupwork/Individual:
Short extension 3: No
AI assisted?:

AT1: Individual Case Study

 

Due: Week 4, 5, or 6

Weighting: 30%

 

 

Requirements:

 

You have the flexibility to choose ONE case that you want to analyze from the 6 case studies.

 

Cases Number

 

Cases Title

 

Submission

Week

 

Case 1

Bali Bombing

Week 4

Case 2

Rio Tinto in China

Week 4

Case 3

Global Economic Crisis: Impact on International Business

Week 5

Case 4

BP Gulf Coast Disaster and Recovery

Week 5

Case 5

Decoupling Case: Natural resource use & environmental impacts from economic growth

Week 6

Case 6

Environmental impacts from economic growth

Week 6

 

 

Each case study will be discussed in the weekly tutorials.

 

 

NOTE: You need to decide which case/week you want to submit this individual case study report. A written record of your choice needs to be made in the 1st tutorial with your tutor.

 

Submission:

  • At the beginning of your chosen case/week, you are to submit a 2,000-word essay (A4 size, TYPED REPORT, decide your own font size and style- make it presentable) to your tutor.
  • Online submission is also required on the same day of your tutorial hard-copy submission of the chosen week (Week 4, 5 or 6) by 5 pm.
  • Please include your turnitin number on the cover sheet of the hard copy.
  • Answer the questions of the case studies in an essay format.

 

Late Submission Policy:

No extensions will be granted. Students who have not submitted the task prior to the deadline will be awarded a mark of 0 for the task, except for cases in which an application for Disruption to Studies is made and approved.

 

 

Marking Guide:

 

It’s essential to apply the international business theories and demonstrate your critical thinking and constructive recommendation to the case study firm.

 

 

Turnaround Time:

These will marked and returned in TWO WEEKS from your submission dates.


On successful completion you will be able to:
  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

AT2: Group report

Due: Week 11, 20/Oct/2015 at 5pm
Weighting: 20%
Groupwork/Individual:
Short extension 3: No
AI assisted?:

AT2: Group report

 

Due: Week 11

Weighting: 20%

 

 

Requirements:

 

· 5,000 words report

· You will be asked to take on the role of a consultancy team which has been asked to prepare a report for a real foreign renewable energy company presenting in Australia on:

 

The global/Australian economic, Australian political, social and environmental opportunities and risks facing the company in the next 5 - 10 years”

 

Reports will be assessed as if they are submissions to a client in real life. Criteria for assessing assignments are listed below:

  1. Understanding of the impact of economic environment towards renewable energy firms in Australia;
  2. Understanding the impact of host country business policy for a particular industry;
  3. Understanding the dilemmas, challenges, opportunities, and risks faced by these renewable energy companies in the social and environmental context;
  4. Quality of selected case company: originality and initiative in the collection, analysis and interpretation of data to the above key perspectives;
  5. Quality of research: research ability and analytical skills for critical thinking and realistic recommendations (minimum 15 academic articles required as part of the references);
  6. Application and Implications: strength of the arguments supporting the conclusions and recommendations.

 

 

While advice will be available, you are expected to show a high degree of initiative and independent thinking in the project.

 

 

This is not a teacher-led class exercise in which there is a right or wrong answer to every question and neatly prepared data on every issue, just as is the case in real life business consulting analysis.

 

 

The purpose is to learn how to deal with such ambiguous business issues and practical problems such as locating relevant information and interpreting conflicting or missing data.

· Each student will be assessed by other members of the group. Peer assessment criteria are shown on the unit website.

· It is expected that all group members will contribute equally to group assignments and presentations. Marks may be deducted for failure to participate fully in group work.

 

 

 

Submission:

  • In order to check progress, each group is also required to prepare a statement of progress for the tutorial in Week 8 on what they have researched to date. It may contain ‘the selected company’, ‘the group work allocations’, ‘the group meetings records’, ‘key issues will be covered in the report’, ‘presentation preparation records’, etc. (Feedback will be given by tutors, although it will not be counted towards the final course mark).

 

  • At the beginning of your week 11 tutorial, you are required to submit the HARD COPY GROUP REPORT to your tutor.
  • Online submission is also required on 20/Oct/2015 at 5 pm (Tuesday, Week 11)
  • Please include your turnitin number on the cover sheet of the hard copy.

 

 

 

Late Submission Policy for AT2:

 

 

 

•  No extensions will be granted. Late tasks will be accepted up to 48 hours after the submission deadline.

•  There will be a deduction of 20% of the total available marks made from the total awarded mark for each 24 hour period or part thereof that the submission is late. This penalty does not apply for cases in which an application for Disruption to Studies is made and approved. Please refer to 'Disruption to Studies' for procedure.)

 

 


On successful completion you will be able to:
  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

AT3: Group presentation

Due: Week 11- Week 13
Weighting: 10%
Groupwork/Individual:
Short extension 3: No
AI assisted?:

AT3: Group presentation

 

Due: Week 11- Week 13

Weighting: 10%

 

 

Submission:

Group presentation: in your allocated tutorial (between week 11 and 13).

 

Requirements:

 

· 25 minutes presentation

· Group work, yet EVERYONE needs to present

· Individual presentation mark would be given base on individual performance

 

Note:

 

You will assign your group presentation week at your 1st tutorial.

 

 

 

Late Submission Policy for AT3:

 

 

•   No extensions will be granted.

 

This Assessment Task relates to the following Learning Outcomes:

 

1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.

2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.

3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.

4. Build awareness of contemporary issues in an international business context.


On successful completion you will be able to:
  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

AT4: Final Examination

Due: TBA Exam Period
Weighting: 40%
Groupwork/Individual:
Short extension 3: No
AI assisted?:

AT4: Final Examination

 

Due: TBA

Weighting: 40%

 

 

Length: 3 hours plus 10 minutes reading time

 

 

Format:

 

The final examination will consist of two parts:

Part A: A short case study with short answer questions

Part B: Two essay questions

Note: The examination will be a closed book examination.

 

 

 

A final examination is included as an assessment task for this unit to provide assurance that:

i) the product belongs to the student and

ii) the student has attained the knowledge and skills tested in the exam.

 

 

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 Disruption to Studies

 

If a Supplementary Examination is granted as a result of the Disruption to Studies 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.)

 

 


On successful completion you will be able to:
  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Delivery and Resources

Classes:  The classes for this subject entail three hours of face-to-face teaching: A two hours lecture. A one-hour tutorial (from the week commencing second week of the semester) Participants are required to attend the sessions in which they are registered. Attempts to register in a different tutorial can be made online where space allows. Where attempts to register online fail, a written request to the unit convenor may be considered.  The timetable for classes can be found on the University website at: http://www.timetables.mq.edu.au/

 

 

 

Attendance Policy:  Students are expected to attend all sessions unless excused. Attendance will be recorded and an attendance record of less than 80% may result in a deduction of marks for the course. It is expected that all group members will contribute equally to group assignments and presentations. Marks may be deducted for failure to participate fully in group work.

 

 

 

Required and Recommended Texts and/or Materials: Prescribed Text: A customized textbook containing specially selected readings for the course is available for purchase from the Co-op bookshop:

 

BUS 305, Global Business, Society and Environment, 2013. Compiled by Monica Ren. Cengage

Learning. ISBN: 978 017 026200 2

 

Prescribed unit materials · 6 case studies posted on iLearn

 

Recommended texts

 

•   GLOBAL, 2nd Edition by Mike Peng (ISBN: 9781111821755)

 

•  Business and Society: A Strategic Approach to Social Responsibility, 4th Edition by Debbie M. Thorne,  O. C. Ferrell & Linda  Ferrell (ISBN: 9781439042311)

 

•  Comparative  Politics: Structures and Choices, 2nd Edition by Lowell Barrington ISBN: 9781111341930)

 

•  Terrorism  and Homeland Security, 8th Edition by Jonathan R. White (ISBN: 9781285061962)

 

•  Terrorism  and Homeland Security, 6th Edition by Jonathan R. White (ISBN: 9780534624484)

 

•  Environmental  Economics and Management: Theory, Policy and Applications, 6th Edition by Scott J. Callan & Janet M. Thomas (ISBN:9781111826673)

 

•  Global Economic Crisis: Impact on International Business, by Global Economic Crisis Resource

 

Centre (ISBN: 9781424059706)

 

 

 

 

Prizes for this unit: http://www.businessandeconomics.mq.edu.au/undergraduate_degrees/

prizes_scholarships

 

 

 

Technology used and required:

· Students will be required to access databases in the Library and on the Internet for relevant information used for AT1, AT2 and AT3.

· Internet access will be available via a wireless network if students wish to use their own laptop computer on campus.

· All students will also be required to use PPT (or similar program) for group presentation (AT3) in the course.

 

Ilearn access of the unit:

http://ilearn.mq.edu.au/course/view.php?id=21109

 

Unit Schedule

 

Week

 

Date

 

Lecture topic and reading

 

Tutorial Activities

 

1

 

28/7/

2015

 

Course Introduction & Institutional

Theory

 

Reading: Section 1 Extract 1

 

‘Understanding Politics, Laws and

Economics’

 

No tutorial

 

2

 

4/8/

2015

 

Political  Risks and Terrorism

 

Reading: Section 2 Extract 2 & 4

 

‘Political Systems and Their Rules’

 

‘Africa, Asia and the Pacific Rim’

 

-Introduction to the course and assessments, and case study analysis.

 

-Establish groups for AT2.

 

-Assign group presentation week for AT3.

 

-Assign individual case analysis due date for AT1.

 

3

 

11/8/

2015

International Ethics & Corruption

 

Reading: Section 3 Extract 5

 

‘Business Ethics and Ethical Decision

Making’

 

 

Individual project and Group Project

Discussion and Consultation

 

4

 

18/8/

2015

 

International Corporate Governance

 

Reading: Section 4 Extract 6

 

‘Corporate Governance’

 

CASE 1: Bali Bombing

 

Case Discussion

 

AT1 Individual case analysis due

 

5

 

25/8/

2015

 

International Corporate Governance

 

Reading: Section 4 Extract 7

 

Global Economic Watch: Impact on International Business’

 

CASE 2: Rio Tinto in China

 

Case Discussion

 

AT1 Individual case analysis due

 

 

 

 

 

6

 

1/9/

2015

 

International Organisations

 

Reading: Section 5 Extract 8

 

Capitalizing on Global and Regional

Integration

 

CASE 3: Global Economic Crisis: Impact on International Business

 

Case Discussion

 

AT1 Individual case analysis due

 

7

 

8/9/

2015

 

Corporate Social Responsibility of

MNEs

 

Reading: Section 6 Extract 9

 

‘Social Responsibility in a Global

Environment’

 

Conception Day

 

Group consultation

 

 

15/9/

2015

 

MID-TERM BREAK

 

 

 

22/9/

2015

 

MID-TERM BREAK

 

 

8

 

29/9/

2015

 

Environmental Responsibility

 

Reading: Section 7 Extract 10

 

‘Global Air Quality: Policies for Ozone

Depletion and Climate Change’

 

CASE 4: BP Gulf Coast Disaster and

Recovery

 

Case Discussion

 

AT2 progress statement due

 

9

 

6/10/

2015

 

Environmental Responsibility

 

Reading: Section 7 Extract 11

 

‘Sustainable Development: International Environmental Agreements and International Trade’

 

CASE 5: Decoupling Case: natural resource use & environmental impacts from economic growth

 

Case Discussion

 

10

 

13/10/

2015

 

Sustainable Approaches

 

Reading: Section 8 Extract 12

 

‘Sustainable Approaches: Industrial

Ecology and Pollution Prevention’

 

Case 6: Fuji Xerox Australia  Eco- Manufacturing Centre

 

Case Presentation

 

 

 

 

 

11

 

20/10/

2015

 

Community Relations

 

Reading: Section 9 Extract 13

 

Community Relations and Strategic

Philanthropy

 

AT2 Group Report Due

 

AT3 Group Presentation starts

 

12

 

27/10/

2015

 

Guest Lecture

 

 

AT3 Group Presentation

 

13

 

3/11/

2015

 

FINAL EXAM REVISION SESSION

 

AT3 Group Presentation

 

Final exam consultation

Learning and Teaching Activities

Research and Practice

- Journal of World Business - Journal of International Business Studies - Management and Organization Review - Global Strategy Journal - British Journal of Management - Academy of Management Journal - Academy of Management Review - Academy of Marketing Science Review

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/

Results

Results shown in iLearn, or released directly by your Unit Convenor, are not confirmed as they are subject to final approval by the University. Once approved, final results will be sent to your student email address and will be made available in eStudent. For more information visit ask.mq.edu.au.

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 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.

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

  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Assessment tasks

  • AT1: Individual Case Study
  • AT2: Group report
  • AT3: Group presentation
  • AT4: 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

  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Assessment tasks

  • AT1: Individual Case Study
  • AT2: Group report
  • AT3: Group presentation
  • AT4: 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

  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Assessment tasks

  • AT1: Individual Case Study
  • AT2: Group report
  • AT3: Group presentation
  • AT4: Final Examination

Socially and Environmentally Active and Responsible

We want our graduates to be aware of and have respect for self and others; to be able to work with others as a leader and a team player; to have a sense of connectedness with others and country; and to have a sense of mutual obligation. Our graduates should be informed and active participants in moving society towards sustainability.

This graduate capability is supported by:

Learning outcomes

  • 1. Understand terms, concepts, frameworks, models and theories relevant to global business, society and environment.
  • 2. Gain practical experience of how to assess economic, political, social and environmental risks in a real international business scenario.
  • 3. Make effective recommendations to manage economic, political, social and environmental risk in a real international business scenario.
  • 4. Build awareness of contemporary issues in an international business context.

Assessment tasks

  • AT1: Individual Case Study
  • AT2: Group report
  • AT3: Group presentation
  • AT4: Final Examination

Changes from Previous Offering

- Modified the assessment AT1.

- Modified the assessment AT2.