International business and ethics

Business and Economics

About this course

Essence of international business. Global networks and globalisation of markets. Models and types of internationalisation. External trade, international investments. Entry to external markets. Aims of entering international markets. Factors of international competitiveness. International business partners (firms, organisations, government). Analysis of local business environment. Establishing contacts. Risks involved in international business. Specific features of cultural environment and social responsibility. Internationalisation of small enterprises.

Relevance of ethical and moral questions in business life. Theoretical approaches to business ethics - teleological and deontological theories. Virtue ethics. Ethical issues in labour relations. Consumer ethics. Marketing ethics. Ethics in IT. Corporate Social Responsibility. Ethics and management, ethics instruments (code of ethics, social reports, ethics audit).

NB! This course will take place in autumn semester 2024/2025 which starts on 2nd of September and ends 26th of January (you can find that information under Start date section). The real course start and end dates will be announced at the beginning of September at the latest.

Learning outcomes

  1. Knows the main concepts of international business and the process and fundamental principles of internationalisation.
  2. Understands the various methods of operating in foreign markets and criteria of selecting target markets, and is able to analytically approach the target market selection issue as a whole.
  3. I is able to define and analyse the most important international business related challenges and define the goals dependent on the enterprise’s nature and operational environment.
  4. Knows the theoretical foundations of ethics and business ethics, the main principles of corporate social responsibility and the relationship between market economy and business ethics.
  5. Is able to analyse and solve ethical dilemmas, by applying the principles of ethical behavior.


Final assessment can consist of one test/assignment or several smaller assignments completed during the whole course. After declaring a course the student can re-sit the exam/assessment once. Assessment can be graded or non-graded. For specific information about the assessment process please get in touch with the contact person of this course. For specific information about grade transfer please contact your home university


lectures, exercises

Additional information

  • Credits
    ECTS 6
  • Level
  • Contact hours per week
  • Instructors
    Katrin Kalmurand
  • Mode of instruction
    Online - at a specific time
If anything remains unclear, please check the FAQ of TalTech (Estonia).


  • Start date

    2 September 2024

    • Ends
      26 January 2025
    • Term *
      Fall semester 2024
    • Instruction language
    • Register between
      14 May - 29 Jul 2024
    Only 7 days to enrol
    Apply now
These offerings are valid for students of DTU (Denmark)