MGT3031 Globally Responsible Business

Department
Management
Semester
AY2021/22 Sem 1, AY2021/22 Sem 2, AY2022/23 Sem 1, AY2022/23 Sem 2
Method
Lecture 3 hours
Cluster
2 (Social Sciences)

Prerequisite

GEN1000 Perspectives on General Education

Exclusion

MGT3013

Module Description

This module aims to develop students’ understanding of how international business organizations respond to the increasingly globalized competitive environment while ensuring sustainable and responsible business practices at the same time. The module explores the contextual influences and organizational factors which shape international business organizations, provide students with knowledge of business and managerial practices within cultural settings, and develop students’ practical skills to work and navigate in international business organizations. Through studying this module, students learn to critically analyze international business organizational issues from the lens of a globally responsible citizen and help address these issues to achieve United Nations’ sustainable development goals of decent work and economic growth, peaceful and strong institutions, and vitalized global partnership.

Module Intended Learning Outcomes (MILO)

Upon completion of this module, students should be able to:
a. Discuss the role of environment and culture in global business settings
b. Analyze ethics, social responsibility and sustainability of international business organizations
c. Identify the strategic, structural, organizational and human resources dimensions of international business organizations
d. Analyze the relationship between cultural, strategic and managerial aspects of international business organizations
e. Cultivate effective international management skills to work as a team and organizational member in a global business environment

Module Content

1. Globalization and Environmental Foundation

1.1 Globalization and International Linkages
1.2 The Political, Legal, and Technological Environment
1.3 Ethics, Social Responsibility and Sustainability

2. Cross-Cultural Management

2.1 Cultural Diversity and Cultural Values
2.2 Managing Across Culture
2.3 Cross-Culture Communication
2.4 Cross-Cultural Negotiation

3. International Strategy and Human Resources Management

3.1 Foreign Entry Strategies and Organizational Challenges
3.2 Managing Political Risk, Government Relations and Alliance
3.3 Management Decision and Control
3.4 Human Resource Selection and Development Across Cultures

Assessment Methods

1. Class Participation (15%)
2. Individual Reflection Paper (30%)
3. Group Project (25%)
4. Test (30%)

Texts & References

Textbooks:

1. Luthans, F. & Doh, J.P. (2020.) International Management: Culture, Strategy, and Behavior, 11th Ed., McGraw-Hill Irwin. *
2. Deresky, H. (2016). International Management: Managing across Borders and Cultures (9th Ed). Pearson.

Other Information
Reference materials:

1. Burbano, V. (2016). Social Responsibility Messages and Worker Wage Requirements: Field Experimental Evidence from Online Labor Marketplaces. Organization Science, 27(4), 1010-1028.
2. Cappelli, P. (2013). Strategic Talent Management: Contemporary Issues in an International Context. Cambridge University Press.
3. Hirsh, J. B., Lu, J. G. & Galinsky, A. (2018). Moral Utility Theory: Understanding the Motivation to Behave (Un)Ethically. Research in Organizational Behavior, 38, 43-59.
4. Jones, G. (2013). Entrepreneurship and Multinationals: Global Business and the Making of the Modern World. Northampton, MA: Edward Elgar Publishing.
5. Shi, W., Hoskisson, R. E., & Zhang, Y. A. (2016). A geopolitical perspective into the opposition to globalizing state‐owned enterprises in target states. Global Strategy Journal, 6(1), 13-30.
6. Yao, J., Ramirez-Marin, J., Brett, J., Aslani, S., & Semnani-Azad, Z. (2017). A measurement model for dignity, face, and honor cultural norms. Management and Organization Review, 13(4), 713-738.
7. Thompson, L. (2014). The Mind and Heart of the Negotiator (6th Ed). Pearson.
8. Zhou, N. and Guillen, M. (2015), From Home Country to Home Base: A Dynamic Approach to the Liability of Foreignness. Strategic Management Journal, 36, 907-917.