Basic knowledge of Business and management fundamentals (including accounting, marketing
The course aims at applying management and business theories to the behavior and management of transnational firms (both large and small). The course draws upon a theory of multinational corporations, globalization, regionalization and the transnationality of firms, in order to analyse firms’ international strategies, management structures and processes. The course also aims at analysing the international environment in which management activity takes place, focusing on economics and law.
The main aim of this series of lectures/seminars is to explore the international business environment in the global economy; to highlight the roles, strategies and impacts of multinational enterprises; to introduce key contemporary developments such as the growth of outsourcing and the increasing importance of emerging markets.
A business case will be discussed under an external business consultant’s supervision. The participation to the business case and its discussion is compulsory
Attendance is not compulsory but strongly reccomended
1. Introduction to international management
2. Recent trand in internationalization: how big are multinationals?
3. The theory of MNCs: Vernon, the eclectic paradigm and transaction cost economics
4. International strategies: multidomestic, global and transnational
5. Control in MNCs: the balance scorecard
6. Financial control in MNCs
There will be three 2-hours lectures each week.
9 lectures (18 hours) will be held by Roger Strange (Professor of International Business, Sussex University).
The business case discussion is compulsory
Attendance to the lectures and seminars, even if not compulsory, is highly recommended. Students who are not going to take a business case will be treated like course non-attending-students, and will therefore have to take the exam following non-attending students' rules.
If either the Business case or the Roger Strange part is missed then the students will have to take the full exam based on the following book:
Bartlett, C.A., Ghoshal, S. and Beamish, P.W. (2008). Transnational management: text, cases, and readings in cross-border management. London: McGraw-Hill (available in the faculty library).
Students who are non attending students are kindly asked to inform the professor a few days before the exam so that he can prepare an exam for the session. All exams are written.
For a brief overview of the course contents, see Prof.Majocchi's interview in the MIBE YouTube Channel.
Exam is written. The test consists in a mix of specific and open questions. The specific questions test the students knowledge of the main concepts developed in the course. The open question required a much more articulated answer and should show the students level of comprehension of the main concept developed in the class.