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UNIVERSITI TEKNOLOGI MARA
Course Name (English) GLOBAL BUSINESS STRATEGY
Course Code IBM641
MQF Credit 4
Course Description This course focuses on global competitive strategy, managerial and organizational processes not from the perspective of MNE only, but also emphasis on an integrative strategy involving small, medium size and large corporations. The global economy will serve as an essential background to the issues of corporate strategy and organization. Equally, this course will be blended with the functional knowledge and experience that you have gained from all other courses. The course covers several topics such as dealing with primary dilemma that international firms face on cultural integration and its organizational implications, issues of entry strategy, ownership form, the choice between competitive and collaborative strategies, and the political ramifications of these choices, the complexities of international operations, organization and control.
Transferable Skills 1) Resourceful and Responsible: Demonstrate ability to manage personal performance to meet expectations and demonstrate drive, determination and accountability.

2) Systematically Inquisitive: Demonstrate ability to investigate problems and provide effective solutions.
Teaching Methodologies Lectures, Blended Learning, Case Study, Tutorial, Discussion, Presentation
CLO
CLO1 Assess various strategies in global business. (LO3)
CLO2 Demonstrate information retrieval and management in evaluating different strategies that best suit specific business, market environment and time. (LO7)
CLO3 3. Demonstrate managerial skills in choosing locations for international operations (LO8)
Pre-Requisite Courses No course recommendations
Topics
1. Foundation of Global Strategy
1.1) 1.1 Why study global strategy?
1.2) 1.2 Defining global strategy
1.3) 1.3 Fundamental issues in global strategy and the effect of globalization
1.4) 1.4 Types of strategy: International, Multidomestic, Global,
1.5) Transnational
1.6) 1.5 The emergence of new type of global corporation:
1.7) Metanational, Micro-multinational, Cybercorp, Born-
1.8) Global (International New Ventures) and Green
1.9) Company.
2. Managing Industry Competition
2.1) 2.1 Defining industry competition
2.2) 2.2 The five forces framework
2.3) 2.3 The three Generic Strategies
2.4) 2.4 Global Integration vs Local Responsiveness
3. Leveraging Resources and Capabilities
3.1) 3.1 Understanding resources and capabilities
3.2) 3.2 The Firm as Value Chain
3.3) 3.2.1 What is Value Chain?
3.4) 3.2.2 Using the Value Chain
3.5) 3.2.3 Change and the Value Chain
3.6) 3.3 Understanding the VRIO Framework
4. Emphasizing institutions, cultures and ethics
4.1) 4.1 The concept of institutions, its’ functions and abilities to reduce uncertainty
4.2) 4.2 An institution-based view of strategy
4.3) 4.3 The strategic role of cultures
4.4) 4.4 The strategic role of ethics
4.5) 4.5 A strategic response framework
5. Managing global competitive dynamics
5.1) 5.1 Defining competitive dynamics and competitor analysis
5.2) 5.2 A comprehensive model of global competitive dynamics
5.3) 5.3 Attack and Counterattack
5.4) 5.4 Cooperation, Accommodation and Collusion
5.5) 5.5 Local Firms vs. Multinational Enterprises
6. Country Evaluation and Selection Strategy
6.1) 6.1 How does scanning work?
6.2) 6.2 What information is important in scanning?
6.3) 6.3 Collecting and analyzing data
6.4) 6.4 Country comparison tools
6.5) 6.5 Allocating among locations
7. Entry Mode Strategy
7.1) 7.1 Trade Related Entry Modes Strategy
7.2) 7.1.1 Export strategy and process
7.3) 7.1.2 Why exporting may not be feasible
7.4) 7.1.3 Understanding Export Process
7.5) 7.1.4 International Subcontracting (outsourcing)
7.6) 7.1.5 Countertrade
7.7) 7.1.5.1 Barter
7.8) 7.1.5.2 Counterpurchase
7.9) 7.1.5.3 Offset
7.10) 7.1.5.4 Buyback
7.11) 7.2 Transfer Related Entry Modes Strategy
7.12) 7.2.1 International franchising
7.13) 7.2.2 International licensing
7.14) 7.2.3 International leasing
7.15) 7.2.4 Build-Operate-Transfer (BOT) or turnkey operations
8. Foreign Direct Investment Entry Mode Strategy
8.1) 8.1 Greenfield investment
8.2) 8.1.1 Branch office
8.3) 8.1.2 Wholly owned subsidiary
8.4) 8.2 Merger and Acquisition
8.5) 8.3 Joint ventures (JVs) or Global Strategic Alliances (GSAs)
8.6) 8.3.1 Equity Joint Venture
8.7) 8.3.2 Cooperative/Contractual Joint Venture
8.8) 8.3.2.1 Joint exploration
8.9) 8.3.2.2 Research & development consortium
8.10) 8.3.2.3 Co-production or co-service agreement
8.11) 8.3.2.4 Co-marketing arrangements
8.12) 8.3.2.5 Long-term supply agreement
8.13) 8.3.2.6 Co-management arrangement
8.14) 8.4 Umbrella Holding Company
9. Small Business and International Entrepreneurship
9.1) 9.1 Small Business
9.2) 9.1.1 Concepts and Definition
9.3) 9.1.2 Characteristics of a Small Business
9.4) 9.2 Entrepreneurship, Entrepreneurs and Entrepreneurial Firm
9.5) 9.3 Internationalization and the Small Business
9.6) 9.4 Internationalization Stages of Business
9.7) 9.4.1 The Stage Model of Internationalization for Small Business
9.8) 9.5 Growing and Internationalizing the Entrepreneurial Firms
9.9) 9.5.1 Growth
9.10) 9.5.2 Innovation
9.11) 9.5.3 Financing
9.12) 9.5.4 Internationalizing the Entrepreneurial firm
9.13) 9.5.5 Transaction Costs and Entrepreneurial Opportunities
9.14) 9.6 Five Entrepreneurial Strategies
9.15) 9.6.1 Internationalizing the Entrepreneurial Firm
9.16) 9.6.2 International Strategies for Entering Foreign Markets
9.17) 9.6.2.1 Direct Export
9.18) 9.6.2.2 Licensing/Franchising
9.19) 9.6.2.3 Foreign Direct Investment
9.20) 9.6.3 Internationalization Strategies for Staying as a domestic Business
9.21) 9.7 When to Go Global
9.22) 9.8 Overcoming Barriers to Go International for Small Business
9.23) 9.8.1 Small Business Global Start-up (Born Global Firms)
9.24) 9.8.2 Distinctive Characteristics of Born Global Firms
9.25) 9.8.3 Role of Internet in Born-Global Firms
10. Multinational E-Commerce: Strategies and Structures
10.1) 10.1 Fundamentals of E-Commerce Strategy and Structure
10.2) 10.2 Successful E-Commerce Strategy
10.3) 10.3 Operational Challenges for e-Commerce
10.4) 10.4 Strategy Formulation and Implementation
 
Assessment Breakdown%
Continuous Assessment100.00%
Details of Continuous Assessment
Assessment Type Assessment Description % of Total Mark CLO
Group Project Leveraging resource and capability 20% CLO2
Individual Project Analysis about location selection strategy 30% CLO3
Presentation Pair/Trio presentation assignment-competitive advantage 20% CLO2
Test ALL CHAPTERS: T/F 15 Questions, MCQ 15 Questions, Essays 2 Questions 30% CLO1
Reading List
Recommended Text
  • Rosnan, Herwina, Saihani, shamsul B., M. Yusof, Nuryusmawati 2012, Global Business Strategy
  • John D. Daniels, Lee H. Radebaugh, and Daniel 2009, International Business: Environments and Oper, 12 Ed., Pearson Prentice-Hall, United States of Ameri
Reference Book Resources
  • Oded Shenkar and Yadong Luo 2004, International Business, Ed., , Wiley. United States of America [ISBN: ]
  • David Ahlstrom and Garry D. Bruton 2010, International Management, Ed., , South-Western Cengage Learning. Canada. [ISBN: ]
  • Charles W. Hill 2008, Global Business Today, 5 Ed., , McGraw Hill. [ISBN: ]
  • S. Saihani, N., Jamaludin, N., M. Yusof, and 2009, International Business : An introduction, Ed., , McGraw-Hill, Malaysia [ISBN: ]
  • Mike W. Peng. 2006, Global Strategy, Thomson South-Western,, United States of America
  • Mike W. Peng. 2009, Global Business, South-Western Cengage Learning, Canada
  • K. Praveen Parboteeah and John B Cullen. 2011, Strategic International Management, South-Wes, 5 Ed., United States of America
Article/Paper ListThis Course does not have any article/paper resources
Other ReferencesThis Course does not have any other resources