International Strategic Management

Major: International Business
Code of subject: 7.292.01.O.004
Credits: 6.00
Department: Management and International Business
Lecturer: Dc. Sc. in Economics, Prof. Ihor Oleksiv
Semester: 1 семестр
Mode of study: денна
Learning outcomes: GLO 1. To have the necessary knowledge and skills for business communication in the field of international economic relations, as well as communicate effectively at the professional and social levels, including oral and written communication in a foreign language / languages. GLO 5. Assess the complexity of tasks in planning activities and processing its results. GLO 6. Analyze legal documents, evaluate analytical reports, competently use regulatory documents and reference materials, conduct applied analytical developments, professionally prepare analytical materials. GLO 9. Monitor, analyze, evaluate the activities of global firms (corporations, strategic alliances, consortia, unions, trusts, etc.) in order to identify their competitive positions and advantages in world markets. GLO 11. Understand the essence of the social dimension of global economic development and implement the principles of social responsibility in the activities of international economic relations. GLO 12. To determine the geo-economics’ strategies of countries and their regional economic priorities, taking into account national economic interests and the security component of international economic relations in the context of global problems of mankind and the asymmetry of the distribution of world resources. Kn 2. Critical comprehension of problems in education and / or professional activity and on the border of subject branches. А 1. Solving complex problems and problems that require constant updating and integration of knowledge, often in conditions of incomplete / insufficient information and conflicting requirements. CОМ 2. Use of foreign languages in professional activities.
Required prior and related subjects: - prerequisite: Management, macroeconomics, microeconomics - co-requisite: International Financial Management, Global Economy, International Competitiveness Management
Summary of the subject: The essence, features and stages of development of strategic management; features of establishing the mission and goals of the organization; analysis of the environment and the internal environment of the enterprise; features of development and choice of strategic alternatives; the essence of portfolio analysis of the enterprise; features of realization of strategy of the organization; strategic control and implementation of risk-based strategy; basic provisions for assessing the socio-economic effectiveness strategies of organizations
Assessment methods and criteria: - current control (30%): performance of laboratory work, oral examination, performance of tests (for part-time students) - final control (70%, exam): testing (50%), oral answer (20%)
Recommended books: 1. Pyroh O., Oleksiv I., Poritska A. Modelling the Development of EU Digital Business // MIND Journal. – 2021. – No. 11.- р.34-42 2. Oleksiv I, Mirzoeva D, Shpak Yu., Term V. Impact of remittances inflows on trend in country's exchange rate // Education excellence and innovation management: A 2025 Vision to sustain economic development during global challenges : proceedings of the 35th International business information management association conference (IBIMA), 1–2 April 2020 Seville, Spain. – 2020. – C. 3484–3491 3. Fred R. David Strategic Management: Concepts and Cases- 16th edition, Pearson. , 2017 - р.346 4. Gregory G. Dess, Gerry McNamara and Alan Eisner Strategic Management: Creating Competitive Advantages- 8th edition, Richard D. Irwin, Inc, 2016. – р.288 5. Thompson A.A. Strategic Management/ A.A. Thompson, A.J. Strickland I. - New York: McGraw-Hill Companies, Inc., 2003 – р.200 6. Kennedy, Reed. (2020) Strategic Management. Blacksburg, VA: Virginia Tech Publishing. https://vtechworks.lib.vt.edu/handle/10919/99282