Strategic International Trade Operations

Unit code: BEO3432 | Study level: Undergraduate
Credit points
12
(Generally, 1 credit = 10 hours of classes and independent study.)
Location
City Campus
Prerequisites
BEO1000 - Business Data Analytics and Visualisation
(Or equivalent to be determined by unit coordinator)
Overview
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Overview

Discover the complex world of international trade, with Strategic International Trade Operations.

This unit focuses on key business operational activities in international trade, such as:

  • resource allocation
  • the management of those resources
  • the development of efficient processes
  • how these processes help organisations achieve optimal economic balance.

Understand the crucial centrality of strategic decision making to the economic, operational, and financial company positioning in international trade operations.

You will develop a portfolio of trade tools as you examine exports and imports in the international marketplace in terms of:

  • productivity improvements
  • organisation of viable production operations
  • and the optimal selection of facilities.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Analyse the concepts relating to a portfolio of trade operational tools and trade promotion in a global context;
  2. Articulate a professional approach to international trade through the proposition of appropriate resolutions to specific trade expansion problems and issues while recognising international trade as an engine for inclusive economic growth and poverty reduction;
  3. Propose relevant results (through appropriate use of models, relevant quantitative techniques, Excel, and the use of government trade organisations that provide data and assistance on trade) for analysis and decision making; and,
  4. Analyse, justify, compose and advocate for professional technical reports that enhance effective decision-making in trade operations.

Assessment

For Melbourne campuses

Assessment type: Report
|
Grade: 40%
Business report - expanding selected company’s export market (Part A: Draft Plan 10%, Part B: Final Report 30%) (Group)
Assessment type: Case Study
|
Grade: 20%
In-class exercise - finding optimal solutions on a given case study problems using Linear Programming software
Assessment type: Test
|
Grade: 40%
Final in-class test - theory and applications

Other locations

For students studying at Central University of Finance and Economics, Henan University, Liaoning University
Assessment type: Report
|
Grade: 40%
Business report - expanding selected company’s export market (Part A: Draft Plan 10%, Part B: Final Report 30%) (Group)
Assessment type: Case Study
|
Grade: 20%
In-class exercise - finding optimal solutions on a given case study problems using Linear Programming software
Assessment type: Examination
|
Grade: 40%
Final examination -theory and applications

Required reading

Students will have access to required readings via VU Collaborate and are not required to purchase the listed textbook.

ISE Operation Management
Stevenson, W. (2021).| New York: McGraw Hill Education.

As part of a course

This unit is not compulsory for any specific course. Depending on the course you study, this unit may be taken as an elective.

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