Internationalisation Of SME's MGT5045
- Academic Session: 2021-22
- School: Adam Smith Business School
- Credits: 10
- Level: Level 5 (SCQF level 11)
- Typically Offered: Semester 2
- Available to Visiting Students: No
- Available to Erasmus Students: No
This course aims to examine the issues of international expansion relevant to an SME.
6 x 3 hour lectures
Report: 2500 words
Main Assessment In: April/May
The course aims to examine some of the issues of international expansion, both practical and theoretical, relevant to an entrepreneurial small to medium sized enterprise (SME):
â Globalisation as a strategy for growth
â Internationalization theories and models
â Market entry modes
â Barriers to market entry
â Government support
â Finance, risks and mitigations
Intended Learning Outcomes of Course
By the end of this course students will be able to:
1. Critically evaluate the motivations/drivers behind an SMEs plan to internationalise together with any required strategic changes to the business.
2. Provide opportunities for critical appraisal of specific challenges to SME owner/managers of internationalization, including, e.g., finance, resources, risks and trade barriers.
3. Evaluate the key role of government in promoting and supporting international trade with SME growth.
4. Identify and then critically evaluate the types of market entry modes SMEs have available to them in their internationalisation tool kit.
5. Review, recognise and critically evaluate relevant internationalization theories and their impact on an SMEs strategy to grow by engaging in overseas trade.
6. Enhance their employability through honing thinking, decision-making and presentation skills in the context of the internationalization of SMEs.
Minimum Requirement for Award of Credits
Students must submit at least 75% by weight of the components (including examinations) of the course's summative assessment. Further requirements may include monitored attendance at classes and examinations. All such requirements shall be specified by the Subject concerned, and given to students in writing at the beginning of the course. Normally no grade or credits shall be awarded to a candidate who has not met these requirements.