MMM073-Theories of the Multinational Enterprise

Module Provider: International Business and Strategy
Number of credits: 20 [10 ECTS credits]
Level:7
Terms in which taught: Autumn term module
Pre-requisites:
Non-modular pre-requisites:
Co-requisites:
Modules excluded:
Current from: 2021/2

Module Convenor: Prof Rajneesh Narula
Email: r.narula@henley.ac.uk

Type of module:

Summary module description:

The course aims to provide students with an understanding of the changes in our theoretical understanding of international business. The understanding of multinational enterprises (MNE) can serve as a basis for practical evaluation of the behaviour, strategies and performance of these companies. 

Aims:

A full understanding of how the theories of the MNE have co-evolved along with the technological and institutional changes. Students will develop the ability to apply International Business (IB) theory in assessing MNEs’ role in the contemporary global economy. 

Assessable learning outcomes:

By the end of the module students should be able to:

1. Identify and appraise the main approaches to explain the existence and the evolution of MNEs.


2. Assess MNEs’ behaviour and strategies in the contemporary global economy, and appraise their implications for theory and practice.


3. Demonstrate awareness of some of the challenges of application of theoretical approaches in different contex t.

Additional outcomes:

To develop analytical skills that permit students to systematically analyse the role of MNEs in the world economy, and to compose complex analyses.? The ability to develop socio-economic arguments in writing is also an invaluable skill.? 

Outline content:

• How the definition of the MNE and IB has changed over the last 70 years 


• Historical emergence of MNEs 


• Theoretical approaches to MNE? 


• The eclectic framework as an approach to MNEs 


• Contemporary applications of the theory to evaluate the role of MNEs 

Global context:

Places international business and its theory in the context of the global economy. 

Brief description of teaching and learning methods:

Lectures are used to provide the knowledge base in conjunction with independent reading. Students will be expected to share their ideas and contribute to classroom discussions during the lectures. Group work is also an element of this module and students will need to work with their group to share their assessed work. Guidance on extended reading of existing literature, combined with annual reports and/or press articles.? 

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:

Written assignment: a (3-4 student) group essay, where students are required to use (one or more) of the theoretical approaches to illustrate a chosen MNE case (history, competitive advantages, behaviour). Word limit is 2500. To be submitted in week 21.



 

There will be two class tests:

• Test 1 is worth 10% (in week 12)


• Test 2 is worth 60% (in week 20  -first week of the spring term) 

Formative assessment methods:

Lectures and seminars contain interactive exercises, and these allow for formative feedback. 

Penalties for late submission:

Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information: http://www.reading.ac.uk/internal/exams/student/exa-guidePG.aspx

Assessment requirements for a pass:

The pass mark is 50%+.

 

Reassessment arrangements:

Resit by examination only during the August University Resit Period.

Additional Costs (specified where applicable):

Last updated: 13 May 2021