Global Business (UWL)
Class
The module will develop students’ skills and competencies to analyse the businesses and their business environments in the current global market while moving fast through two revolutions from Digital Information (DI) Age to Artificial Intelligence (AI) Age.
Students will learn to use theories and modern techniques in business decision-making process to select the best markets and decide whether, when and how to enter these markets, and finally select the best approach and strategies to sustain profitable operations in these markets.
Module Leader: Farshad Salimi PhD MA MSc PMP
Here is the class outline:
Week 1
28 Sep
2 sections
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Week 2
5 Oct
1 section
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Week 3
12 Oct
1 section
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Week 4
19 Oct
2 sections
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Week 5
26 Oct
2 sections
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Week 6
2 Nov
2 sections
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Week 7
9 Nov
2 sections
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Week 8
16 Nov, leadership
HBR Articles (No rights obtained for students but only presentations by lecturer), with the class discussions for impact on trade and business. Credit Insurance Digital Currency Students to read and analyze pages 4-10 of HBR Article on pricing of industrial products for class discussion. ´Winning the race with inflation; the pricing opportunities for industrial companies.´ Doing Business (Trade) Globally Optional Readings 2 sections
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Week 9
23 Nov, leadership
Present the remaining business projects and strategy briefings Present your learning on HBR article on letter of credit from previous session. Digital Currency: What If Central Banks Issued Digital Currency Recap on Final Assignment and Assessment Guideline Commercial Documents and Letter of Credits in international trade and commerce Recap on Final Assignment Students to prepare each a section of commercial document and letter of credits in international trade and commerce Incoterms Game Students each to present an incoterm in international trade and explain in which logistic and country fit best. Class Discussion on Cryptocurrency and Digital Wallet and the future of international trade with these currencies. 2 sections
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Week 10
30 Nov, leadership
Class Presentations (Continued-30%) Read the Articles Digital Wallet, Cryptocurrency and Letter of Credits and Discuss the future of new currencies and their impacts in Business and Trade. Recap on Sales Contracts, Request for Quotations (RFQs), Incoterms, Incoterms Games, and Methods of Payments in International Trade and Documentary Letter of Credits from previous sessions. 2 sections
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Week 11
7 Dec, leadership
Tools for Trade Trade Tools Lecture Notes Global Business and Commerce International Trade Documents and Insurance uploaded for this session will be shared in weeks 11 and 12. 2 sections
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Week 12
14 Dec, leadership
Trade Tools Lecture Notes Global Business and Commerce International Trade Documents and Insurance uploaded for this session will be shared in weeks 11 and 12. 2 sections
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Week 13 (15)
21 Dec, leadership
The Business Environment (Population and Markets) Business Law and Legal Environment Contracts 2 sections
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Week 14
21 Jan, leadership
Recommended Sections of the Textbook: The Business Environment 5th Edition 5th Edition by Ian Worthington and Chris Briton Business Law and Legal Environment Pages 171-191 Contracts (Continued) Recommended Sections of the Textbook: The Business Environment 5th Edition 5th Edition by Ian Worthington and Chris Briton Business Law and Legal Environment Pages 171-191 Running through requirements for your business project, or the final hints. What you need to know on contracts for doing business. Freezing and Recap of the Module Global Business and Commerce Highlights of Main Points of 14 Weeks Program and what to take home and to work with you. 2 sections
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