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, strategiesÌýand performance of these companies.Ìý

Aims:

A full understanding of how the theories of the MNE haveÌýco-evolvedÌýalong with the technological and institutional changes.ÌýStudents will develop the ability to apply International Business (IB) theory in assessingÌýMNEs’Ìýrole in the contemporary global economy.Ìý

Assessable learning outcomes:

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

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


2. AssessÌýMNEs’Ìýbehaviour and strategiesÌýin the contemporary global economy,Ìýand appraise their implications for theory and practice.


3. Demonstrate awareness of some ofÌýtheÌýchallenges of application of theoretical approachesÌýin different contex t.

Additional outcomes:

To develop analytical skills that permit studentsÌýto systematically analyseÌýtheÌýrole of MNEs in theÌýworld economy, and to compose complex analyses.? The ability to develop socio-economic arguments in writing is also an invaluable skill.?Ìý

Outline content:

• HowÌýthe definition of the MNE and IB has changed over the last 70 yearsÌý


• Historical emergence of MNEsÌý


• Theoretical approaches to MNE?Ìý


• The eclectic framework as an approach to MNEsÌý


• ContemporaryÌýapplications of the theory to evaluate theÌýroleÌýof MNEsÌý

Global context:

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

Brief description of teaching and learning methods:

LecturesÌýare usedÌýto provide the knowledge base in conjunction with independent reading. StudentsÌýwill be expectedÌýto share their ideas and contribute to classroom discussionsÌýduring theÌýlectures.ÌýGroup work is also anÌýelement of this module and students will need to work with their group to share their assessed work.ÌýGuidance on extended reading of existing literature, combined with annual reports and/orÌýpress articles.?Ìý

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.ÌýTo be submitted in week 21.



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There will be two class tests:

• Test 1 is worth 10% (in week 12)


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

Formative assessment methods:

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

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%+.

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Reassessment arrangements:

Resit by examination only during the August University Resit Period.

Additional Costs (specified where applicable):

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Last updated: 13 May 2021