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Course profile

Globalisation and Business (IBUS2302)

Study period
Sem 1 2025
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 1, 2025 (24/02/2025 - 21/06/2025)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

Globalisation is a widely used term in business, politics, and trade, but its real meaning and implications are often misunderstood. This course delves deeply into the concept of globalisation to critically evaluate its influence on the business world and understand how it creates interdependencies and shapes behaviours of, and outcomes for, interconnected stakeholders. Potential future trajectories of global business are explored with an emphasis on how such futures can be co-constructed to produce more socially desirable outcomes. 

This course provides a transdisciplinary and meso/macro approach to investigate the various mechanisms that contribute to the dynamic globalisation phenomenon. These aspects both impact on and are impacted by enterprise operations as a central actor in the modern global world. Controversial issues associated with globalisation and business are discussed in a way that prioritises scientific evidence and the pursuit of ‘truth’. Such issues include, but are not limited to, geopolitical and ideological shifts, technological disruption and digital transformation, equitable and sustainable development challenges, and the changing systems of work and human-technology interaction, among many other topics. The course embeds a systems perspective on globalisation and business, and introduces students to human-centred design and other research tools that are critical for their employability. These skills empower students to explore and potentially re-evaluate how our citizens, enterprises, institutions, and broader stakeholders can collectively innovate to design sustainable, inclusive, and prosperous global futures. 

Sustainable Development Goals - UQ Business School is a proud supporter and Advanced Signatory of the United Nations Principles for Responsible Management Education (UN PRME). As part of the largest global collaboration between business schools and the UN, the school emphasises its role in empowering students to drive societal transformation through the Sustainable Development Goals. The SDGs highlight that a thriving economy relies on a healthy environment, aiming to balance economic growth, social well-being, and environmental protection for a sustainable future.

Course requirements

Assumed background

It is assumed students will have some knowledge of world geography and knowledge of common macroeconomic terms. Before attempting this course, you are advised that it is important to complete the appropriate prerequisite course(s) listed on the front of this course profile. No responsibility will be accepted by UQ Business School, the Faculty of Business, Economics and Law or The University of Queensland for poor student performance occurring in courses where the appropriate prerequisite(s) has/have not been completed, for any reason whatsoever.

Prerequisites

You'll need to complete the following courses before enrolling in this one:

(MGTS1301 + 4 units courses) 

Recommended companion or co-requisite courses

We recommend completing the following courses at the same time:

IBUS2301

Incompatible

You can't enrol in this course if you've already completed the following:

IBUS7306

Restrictions

Quota: Minimum of 35 enrolments

Course contact

Course staff

Lecturer

Dr Alexandra Kriz

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff do not have access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you email business.mytimetable@uq.edu.au from your UQ student email account with the following details:

  • Full name
  • Student ID
  • Course Code

Aims and outcomes

The course aims to empower students to critically evaluate the dynamic and interdependent system of globalisation and business. Students learn employability-oriented techniques that enable them to understand how enterprises, alongside other stakeholders, can catalyse responsible innovation in our global world to resolve tensions and holistically influence future global trajectories. Our role as global citizens is also explored, along with the challenges and responsibilities that this role entails.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Articulate the meaning and process of the globalisation of economic activities.

LO2.

Evaluate the causes and effects associated with globalisation. 

LO3.

Evaluate the roles and ethical responsibilities of individuals, enterprises, governments, multilateral organisations, and other stakeholders in global business. 

LO4.

Work collaboratively to formulate innovative responses to resolve wicked problems and grand challenges shaping globalisation and business. 

LO5.

Justify decisions with consideration of stakeholders’ cultural and social diversity, including Australian Aboriginal and Torres Strait Island peoples.

Assessment

Assessment summary

Category Assessment task Weight Due date
Paper/ Report/ Annotation Wicked Problem Taming Activity
  • Team or group-based
15%

Submission 1 Week 5,

Submission 2 Week 6,

Students hand-in the relevant templates in class.

Reflection Reflection
  • In-person
15%

Presentations in class of week 12.

Paper/ Report/ Annotation, Performance, Presentation, Product/ Design Team Presentation and Reflexivity Journey Map
  • Team or group-based
  • In-person
25%

Template 1 during class Week 7,

Template 2 during class Week 8,

Template 3 during class Week 9,

Template 4 during class Week 10,

Template 5 during class Week 11,

Presentation during class Week 12,

Examination Final exam
  • Identity Verified
  • In-person
45%

End of Semester Exam Period

7/06/2025 - 21/06/2025

Assessment details

Wicked Problem Taming Activity

  • Team or group-based
Mode
Product/ Artefact/ Multimedia
Category
Paper/ Report/ Annotation
Weight
15%
Due date

Submission 1 Week 5,

Submission 2 Week 6,

Students hand-in the relevant templates in class.

Other conditions
Peer assessed.

See the conditions definitions

Task description

Teams will be formed during seminars and students need to work together to develop insights and complete templates in-class that show how teams would resolve components of a nominated wicked problem that will be presented to students during the semester.

One student from each team must submit their team charter on behalf of their team, so that the team can receive a mark for this assessment. Students have the opportunity to partake in a 'practice round' in week 4, with feedback provided to better prepare them for the following week.

Each individual in the group will need to complete a peer assessment evaluation to accompany this piece of assessment, which will be available in Blackboard. More details will be provided during lectures. All team members will be required to complete peer evaluations using BuddyCheck to ensure equal member contributions. Results from these evaluations may impact individual grades.

If you have not yet completed the Working in Teams: A Practical Guide edX course please consider undertaking the course for your own professional development purposes - https://www.edx.org/course/working-in-teams-a-practical-guide

The peer assessment evaluation will focus on the following criteria: Establish the Process; Knowledge; Collaborated & Communicated; and Responsibility for Team's Outcome.

AI Statement:

This task has been designed to be challenging, authentic and complex. Whilst students may use AI technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Highest scoring submission will be used for the assessment mark.

Deferral or extension

You cannot defer or apply for an extension for this assessment.

Extensions or deferrals are not available for this presentation.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

10% Late Penalty applies to submitted material.

Reflection

  • In-person
Mode
Written
Category
Reflection
Weight
15%
Due date

Presentations in class of week 12.

Other conditions
Time limited.

See the conditions definitions

Task description

Individuals will be asked to reflect on their own, and other team presentations (more detail will be provided in-class and students will be provided with templates to assist them to undertake this task in-class). Students will be asked to be reflective and reflexive in their responses in terms of comparing their team's and other team presentations in-class. Students are encouraged to for example question their assumptions, challenge their own worldviews based on research and evidence presented in-class, and embrace what Carol Dweck terms a 'growth mindset'.

Students must hand-in their reflection at the end of the class.

AI Statement:

Artificial Intelligence (AI) provides emerging tools that may support students in completing this assessment task. Students may appropriately use AI in completing this assessment task. Students must clearly reference any use of AI in each instance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Submit at end of class.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Team Presentation and Reflexivity Journey Map

  • Team or group-based
  • In-person
Mode
Oral, Product/ Artefact/ Multimedia
Category
Paper/ Report/ Annotation, Performance, Presentation, Product/ Design
Weight
25%
Due date

Template 1 during class Week 7,

Template 2 during class Week 8,

Template 3 during class Week 9,

Template 4 during class Week 10,

Template 5 during class Week 11,

Presentation during class Week 12,

Other conditions
Time limited, Peer assessed.

See the conditions definitions

Learning outcomes
L05

Task description

Teams (i.e., same teams as pitches) develop and present their resolutions to an identified design thinking challenge that relates to globalisation and business (note: this is a different challenge to the nominated wicked problem presented earlier during the semester). Teams should be prepared to address question(s) following the presentation.

Teams need to be prepared to insightfully address any questions following their presentation. Teams also need to submit their team's reflexivity journey map, along with submission of templates each week provided in class for this assessment (templates will be provided and required for submission in class during weeks 7-11). All team members must contribute to a minimum of three (3) of the provided templates in class to ensure they are contributing toward the team's presentation development. More information to be provided during semester.

One student from each team must submit their team charter on behalf of their team (note: a new team charter needs to be completed for this assessment separate to the wicked problem teaming activity charter), so that the team can receive a mark for this assessment.

Each individual in the group will need to complete a peer assessment evaluation to accompany this piece of assessment, which will be available in Blackboard. All team members will be required to complete peer evaluations using BuddyCheck to ensure equal member contributions. Results from these evaluations may impact individual grades.

More details will be provided during seminars.

The peer assessment evaluation will focus on the following criteria: Establish the Process; Knowledge; Collaborated & Communicated; and Responsibility for Team's Outcome.

AI Statement:

This task has been designed to be challenging, authentic and complex. Whilst students may use AI technologies, successful completion of assessment in this course will require students to critically engage in specific contexts and tasks for which artificial intelligence will provide only limited support and guidance.

A failure to reference generative AI use may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Must submit at least 3 templates.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Final exam

  • Identity Verified
  • In-person
Mode
Written
Category
Examination
Weight
45%
Due date

End of Semester Exam Period

7/06/2025 - 21/06/2025

Other conditions
Time limited.

See the conditions definitions

Task description

The final exam will include essay-style questions. Further details will be provided via Blackboard. The exam should take approximately 90 minutes to complete.

AI Statement:

This assessment task is to be completed in-person. The use of generative Artificial Intelligence (AI) tools will not be permitted. Any attempted use of Generative AI may constitute student misconduct under the Student Code of Conduct.

Exam details

Planning time 10 minutes
Duration 90 minutes
Calculator options

No calculators permitted

Open/closed book Closed Book examination - no written materials permitted
Exam platform Paper based
Invigilation

Invigilated in person

Submission guidelines

Deferral or extension

You may be able to defer this exam.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Seminar

Globalisation & wicked problems

Globalisation: a transdisciplinary approach. What is globalisation and what do we mean by a transdisciplinary approach? MNEs as powerful actors in the global environment. Complexity of global trade and legal dynamics. Wicked problems in the global business environment. Globalisation: challenges and responsibilities.

Week 2
Seminar

Design thinking for global business

Learning about design thinking and human-centred design techniques that can be applied to tame wicked problems and grand challenges in the global business environment.

Learning outcomes: L05

Week 3
Seminar

Societies and cultural logics

Culture and society at a macro-level: influencing, and being influenced by a globalised world. How are culture and society relevant to globalisation? National vs regional vs globalised vs corporate vs digital cultures: multiple perspectives. Challenges and responsibilities in the socio-cultural environment.

Week 4
Seminar

Economic & political systems

Global economic and political environment. Brexit. 'Magnet Cities'. Competitive advantage of regions and nations. Global politics. The challenging political environment, and the economic environment: challenges and responsibilities.

Week 5
Seminar

Globalisation and inequalities

Globalisation and inequalities. Critically analysing growth, social progress, inequalities, and development goals. Where to from here? The role of institutions in driving social equalities in a globalised world.

Week 6
Seminar

Ecosystems on the edge

One global game of dominoes? Globalisation as a complex system. Understanding COVID-19 and the dynamics of the global system; assessing the implications of an interconnected financial system; navigating global systems: challenges and responsibilities.

Week 7
Seminar

Technology and innovation

Technology and innovation. Concepts and processes. National systems of innovation. Patents and innovation. Technological diffusion and innovation. Globalisation and technology: a social shaping of technology perspective. Institutions as a catalyst for innovation. Technology innovation: challenges and responsibilities.

Week 8
Seminar

Ecology and climate change

Ecology and environmental issues. The environment: A tragedy of the commons? Managing environmental impacts. Sustainable consumption. Ecology and climate change: challenges and responsibilities.

Good Friday Public Holiday - Friday 18 April 2025 - Check Blackboard for announcements about affected classes.

Mid-sem break
No student involvement (Breaks, information)

In-Semester break

Week 9
Seminar

Ethics and social responsibility

Ethics and social responsibility. CSR and corporate governance. The social enterprise. The importance of moral sentiment. The role of multiple stakeholders in shifting the agenda: challenges and responsibilities.

Week 10
Seminar

The modern workplace

Globalisation and its impact on human capital and society. The concept of the 'Global Factory'. Technology and disruption of the workforce. Globalised technologies reshaping how we work and our interactions with technology and other actors in the system.

Week 11
Seminar

Sharing and circular economy

Globalisation and the sharing economy. Business models going global. The 'trust' economy altering the global consumer and business landscape. Economies of the future: Sustainability through a circular economy?

Week 12
Seminar

Sustainability in the Balance

Changing global environment; risks and uncertainties in our future world; can we achieve a sustainable future?

Week 13
Seminar

Exam skills and final exam preparation

As a class we discuss exam technique and skills and undertake exam practice-style questions to provide students with the opportunity to better prepare for their final exam for the course

Additional learning activity information

Sustainable Development Goals

This course integrates the following Sustainable Development Goals (SDGs) through lectures and assessment.

Goal 5: Gender equality and women’s empowerment

Goal 10: Reduced inequalities

Goal 11: Sustainable cities and communities

Goal 12: Responsible consumption and production

Goal 13: Climate action

Goal 16: Peace, justice and strong institutions

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.