Exam number: 1561
Semester: from 1st semester (Grundlagenausbildung)
Duration of the module: One semester
Form of the module (i.e. obligatory, elective etc.): Obligatory
Frequency of module offer: Each winter semester
Prerequisites: IBA-Bachelor-Students and Foreign Exchange Students ONLY!
Applicability of module for other study programmes:
Obligatory or elective in other study programmes. For further information check regulations of the study programme.
Person responsible for module: Prof. Dr. Albrecht Söllner
Name of the professor: Garold Lantz, Associate Professor of Marketing and International Business McGowan School of Business King's College Wilkes Barre, PA (winter semester 2018/2019)
Language of teaching: English
ECTS-Credits (based on the workload): 6
Workload and its composition (self-study, contact time):
Contact time (lecture, tutorials etc.) 45 h; self-study: 135 h
Contact hours (per week in semester): 4
Methods and duration of examination:
Successful written exam (120 min)
Emphasis of the grade for the final grade: Please check regulations of the study programme
Aim of the module (expected learning outcomes and competencies to be acquired):
Students know and understand
- the economic logics of globalization
- an institutionalist interpretation of globalization
- the role of the institutional environment
- competitive advantages in global competition
- multinational firms as governance structures
Reflexion: Critical discussion of course contents in the lectures and tutorials.
Transfer and application of the knowledge acquired in the lectures to the more practically oriented project part of the course as well as case studies and exercises.
Contents of the module:
A. A theoretical framework for the field of International Management
- The New Institutional Economics
B. The institutional environments of multinational corporations
- Description, economic explanation, challenge for multinationals
C. Market relations of multinational corporations
- The management of discrete and relational transactions
- Standardization vs. differentiation
D. The internal coordination in multinational corporations
- Organizational structures - International human resource management
Teaching and learning methods:
Lecture with tutorials, self-studies
Literature (compulsory reading, recommended literature):
An English reader will be provided at the beginning of the course.
A German book for those interested in additional reading in German: Söllner, Albrecht: Einführung in das Internationale Management. Eine Institutionenökonomische Perspektive, Wiesbaden: Gabler 2008.
- Teacher: Lantz Gerold