MATHEMATICS (TURKISH, PHD)
PhD TR-NQF-HE: Level 8 QF-EHEA: Third Cycle EQF-LLL: Level 8

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
GLA5905 The Multinational Corporation: Economic, Political and Managerial Perspectives Fall 3 0 3 7
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Assoc. Prof. ESRA ALBAYRAKOĞLU
Course Objectives: At the center of our study will be the critical examination of how the precepts of strategic management are defined and implemented within the context of the MNC. We shall thus highlight the many connections that exist between strategic management and the plurality of disciplines (such as finance, economics, management, political science, public policy, and law) that are at the basis of contemporary business practices in the global arena. Our goal will be to understand the processes that lead to the development of a sustainable competitive advantage and the above average returns resulting from a firm’s value-creating strategy.

Learning Outputs

The students who have succeeded in this course;
Through case studies, students explore issues such as: MNCs and protectionism; environment and labor relations; control of strategic natural and technological resources; and transborder mergers, acquisitions, and joint ventures.

Course Content

There are over 60,000 multinational corporations (MNCs). They are the most significant force behind globalization. Whether as customers, suppliers, competitors, regulators, employees, shareholders, or citizens, we are directly affected by their output of products, services, and ideas. Moreover, through trading and investing, MNCs are dramatically compressing our notions of time and space. This course examines the economic dimensions of MNCs' behavior, their interaction with national and local governments and communities, the ways they organize to operate effectively across borders, MNCs and protectionism; environment and labor relations; control of strategic natural and technological resources; and trans-border mergers, acquisitions, and joint ventures.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction
2) Strategic management and competitiveness, the emergence of emerging markets. Reading
3) External Environment: opportunities, threats, industry competition, and competitive analysis
4) The Internal environment: resources, capabilities, and core competencies.
5) Entrepreneurs and innovation; other roads to brand leadership; Human resource management.
6) Competitive dynamics; Corporate-level strategy; China’s largest exporters; financial services; Moving beyond capitalism.
7) Restructuring strategies; International strategy.
8) Cooperative strategy; corporate governance.
9) Organizational structure and controls
10) Strategic leadership; commodity and energy producers that redefined their industries.
11) Strategic entrepreneurship
12) New global media stars and turning threats into opportunities
13) Presentations-External Case Analysis
14) Presentations-External Case Analysis

Sources

Course Notes:
References: Hitt, M, Ireland, R., Hoskisson, R. (2007).Strategic management: Concepts (8th ed.). New York: Thomson/South-Western. Van Agtmael, A. (2007). The emerging markets century: How a new breed of world-class companies is overtaking the world. New York, NY: Free Press. Hitt, M, Ireland, R., Hoskisson, R. (2007).Strategic management: Concepts (8th ed.). New York: Thomson/South-Western. Van Agtmael, A. (2007). The emerging markets century: How a new breed of world-class companies is overtaking the world. New York, NY: Free Press. Birkinshaw, J., Ghoshal, S., Markides, C., Stopford, J., & Yip, G. (Eds.). (2003). The future of the multinational company. New York: Wiley & Sons. Drucker, P. (2002). Managing in the next society. New York: St. Martin’s Press. Handy, C. (1984). The future of work. Handy, C. (1989). The age of unreason. Handy, C. (1995). Beyond certainty

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Laboratory % 0
Application % 0
Field Work % 0
Special Course Internship (Work Placement) % 0
Quizzes % 0
Homework Assignments % 0
Presentation % 0
Project 1 % 20
Seminar % 0
Midterms 1 % 30
Preliminary Jury % 0
Final 1 % 40
Paper Submission % 0
Jury % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
Total % 100

ECTS / Workload Table

Activities Number of Activities Workload
Course Hours 14 42
Laboratory
Application 13 48
Special Course Internship (Work Placement)
Field Work
Study Hours Out of Class 14 81
Presentations / Seminar
Project
Homework Assignments
Quizzes
Preliminary Jury
Midterms 1 2
Paper Submission
Jury
Final 1 2
Total Workload 175

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution