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The Global Digital EconomyLaajuus (5 cr)

Code: YAMK079

Credits

5 op

Teaching language

  • English

Objective

We are living in an economy where future leaders need to be able to develop digital business but also perceive what is happening in the global business context, especially from the perspective of sustainability. They need to understand how complex ecosystems work and they need to think in terms of horizons. The contemporary business transformation requires understanding of the dynamic business landscape, evolving enterprise competitiveness and sustainability, and respective changes in enterprise ecosystems. The objective is that after completing the course, the student is future oriented and capable of analyzing global and regional trends influencing the business context. He/she is also able to retrieve, analyze and produce information and evaluate it critically.

Content

Trends of global economy: digital business, urbanization, cyber security, data volumes and compliance, business ecosystems.
Ecological reconstruction
Natural and human resources
Characteristics of Northern business environment.

Assessment criteria, satisfactory (1)

0. The student did not submit the course assignments or these assignments did not meet the minimal quality requirements presented in the class.
Grade 1 - 2
The student is able to analyze the special characteristics of the digital economy on the business environment.
The student can interpret and explain the challenges of SME’s in the digital era.

Assessment criteria, good (3)

3 – 4. The student is able to analyze the influence of digitalization on his/her own working place.
The student is able to analyze the challenges and opportunities of digitalization in the global economy

Assessment criteria, excellent (5)

5. The student is able to analyze deeply the influence of digitalization on his/her own working place.
The student is able to assess and design feasible ideas for the digitalization of his/her working place. The student is able to manage and develop team work aiming to plan creative ideas for the sustainable development of the business operation in the digital economy.