INTERNATIONAL MANAGEMENT - MOD II
Italian. English at request
The course wants to go in depth on the international management of value chain activities. Moreover, during the course, the student will understand the right use financial instruments and hedging methods for international companies.
Knowledge and understanding
Students will be able to understand the main dynamics connected to the management of international activities. At the end of the course, students will be able to understand the main issues connected to the interaction with stakeholders coming from different cultural contexts.
Applying knowledge and understanding
students will develop the capability to analyse the management of international value chain activities. They will be able to evaluate the international product placement consistent with international strategic growth; to manage the cultural distance and to know the different risks that international firms face, and will be able to understand the basic hedging techniques.
Students need to develop the ability to interpret the main issues of international value chain management and to use the right financial instruments and hedging methods
students need to be able to answer in a precise and reasoned way to the questions posed during the written and the oral exam.
Lifelong learning skills
to pass the exam, students need to demonstrate their capability to learn the different topics, and to discuss them also considering different and independently bibliographical resources.
International Management ( 6ECTS)
Although the length of each section depends on the background of the class, normally the content will be divided into different blocks as follows:
I block (10 hours):
The management of International Value chain: models’ evolution, key issue of international management. The role of headquarter, subsidiaries, their evolution and interconnections. Centers of excellences
II block (8 hours) Interfirm network coordination, types of systems, coordination mechanisms. Learning processes.
II block (8 hours): The internalization of SMEs: process, mode of entry. Born global firms
Key issues in International Management. Headquarter and Subsidiaries activities. The coordination of intra –firm networks. The internationalization of SMEs and born global firms.
The course will be organized in frontal lessons. To encourage learning, students are invited to view the material on the e-learning platform.
Theoretical arguments will be supported by the presentation of case studies and by corporate testimonials. Frontal lessons will be supported by slides but also by video footage.
The analytical approaches are illustrated based on planning problems in practice and their understanding is deepened with case studies, simulations, etc.
Caroli, M.G., 2015. Gestione delle imprese internazionali. Mc Graw-Hill Italia. (Capp. 9-10)
Teaching material provided at the beginning of the course
All students will undertake a test examination, articulated in a written test consisting of open questions on the topics of the program, and an oral exam.
The written assignment wants to evaluate the level of students’ knowledge on international value chain management, headquarter- subsidiary relationship, the understanding of different systems’ typologies, coordination and learning mechanisms, the capability to identify the peculiarity of SMEs’ internationalization and born global firms. Oral assignment, to which only the student that achieve a mark above 18 can have access, will help to verify students’ knowledge and understanding of learning objectives, the capabilities to analyze in a critic way the internationalization strategy, to verify the communication capabilities in terms of the use of an appropriate vocabulary, to verify the capability to apply knowledge to real problem, making interdisciplinary connections with other related subjects
The vote in 30/30 will be the result of the two tests.
In itinere evaluation is also provided with simulation without any formal evaluation