
Globalisation has led
to intense cross-border transactions as individuals, firms, and governments
engage in international business. National boundaries do not insulate
organisations from foreign competition, and the success or failure of
organisations will depend on the ability of managers to operate in this dynamic
business world. Therefore, a study of international business is needed by MBA
students to understand the complexities of cross-border transactions and how
firms face the challenges of globalisation. This course will provide an
overview of the international business environment, the opportunities, and the
risks that firms encounter when doing business internationally. Students will
be exposed to the salient differences between domestic and international
business, thus providing the foundation for actions taken in actual situations
in the international business environment. Such knowledge will enable students
to advise or manage businesses that compete internationally.