Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

BrightDarkBluesGraysNight Assessment 2:Group Research Report Assessment Overview Detail Length Weighting Due ForAssessment2,studentsarerequiredtowriteaResearchReportasagroup....

1 answer below »

BrightDarkBluesGraysNight

Assessment 2:Group Research Report

Assessment Overview

DetailLengthWeightingDue

ForAssessment2,studentsarerequiredtowriteaResearchReportasagroup.

Thisreportcontainsacountry’skeynational,cultural,political,legal,environmentalandeconomicfactors(plusanycurrentissues),thatmayaffectthesuccessfulset-upofthebusinessoperationinthatcountry

Thepurposeofthisreportisto:

Demonstrateyourabilitytoworkwithotherteammembersas‘businessanalystsinamulti-nationalcorporation’tocompletearesearchreport/countrybriefingpaper

Theunitlearningoutcomesassessedare:

  • LO1:Developaworkingknowledgeofkeyconceptsandtheoriesofinternationalbusiness.
  • LO2:Investigatetheinternationaltradeandinvestmentenvironment
  • LO3:Analysenationalbusinessenvironmentsandimplicationsforinternationalbusinessoperations.
  • LO4:Analysetheeconomic,political,culturalandregulatoryenvironmentsthatinfluenceinternationalbusiness.
  • LO5:Applymultidisciplinaryknowledgeandframeworkstointernationalbusinessoperationsandmarketentrystrategies.
  • LO6:Appraiseinternationalbusinessmanagementpracticesandmultinationalorganisationalstructure.

1500words

(excludingreferencesandappendices)

30%

Week3:

Session9

ReportContext

Youareabusinessanalystinamulti-nationalcorporation.YourCEOwilldepartnextweekonaone-monthbusinesstripwiththeaimofeithersettingupawhollyownedsubsidiaryorajointventureinaspecificcountry.Shehasaskedyoutoprepareacountrybriefingpaperinordertoinformherofthekeynational,cultural,political,legal,environmentalandeconomicfactors(plusanycurrentissues),thatmayaffectthesuccessfulset-upoftheoperationinthatcountry.Sheexpectsahighqualitywrittenpresentation

Instructions

  1. Thisgroupassignmentrequires3studentsineachgroup

  2. Eachgroupistoselectacountryfromthefollowinglist.Notwogroupsshouldpickthesamecountry.

    •Armenia

    •Azerbaijan

    •Brazil

    •Brunei

    •CzechRepublic

    •China

    •DemocraticRepublicoftheCongo

    •ElSalvador

    •Ethiopia

    •Finland

    •Greece

    •Germany

    •Iran

    •India

    •Kuwait

    •Kazakhstan

    •Lebanon

    •Lithuania

    •Mexico

    •Malaysia

    •NewZealand

    •Netherlands

    •Portugal

    •PapuaNewGuinea

    •SouthAfrica

    •SouthKorea

    •Turkey

    •Vietnam

  3. Eachgroupwillresearchandsubmitapaperasdescribedinthescenariobelow.
  4. ThereportshouldincludeNamesandIDsofstudentsinthegroup,anintroduction,countrychosenforresearch,andanoutlineofcontentsoftheReport
  5. EachgroupmustsubmittheirResearchReportthroughthe“AssessmentDropbox”onSession9

Scenario for the Research Report

Youareabusinessanalystinamulti-nationalcorporation.YourCEOwilldepartnextweekonaone-monthbusinesstripwiththeaimofeithersettingupawhollyownedsubsidiaryorajointventureinaspecificcountry.Shehasaskedyoutoprepareacountrybriefingpaperinordertoinformherofthekeynational,cultural,political,legal,environmentalandeconomicfactors(plusanycurrentissues),thatmayaffectthesuccessfulset-upoftheoperationinthatcountry.Sheexpectsahighqualitywrittenpresentation.

Note:Studentscanselectanytypeofbusinessandindustry,eitherasawhollyownedsubsidiaryorasajointventureandtojustifyyourchoice.

Inyourreport,youareto:

  1. Assessthenationalbusinessenvironmentofyourcountryofchoice(economic,political,social,legal,environmentalfactors)anditsbasicappealasalocationforeitherawhollyownedsubsidiaryorajointventure.Whenassessingthebusinessenvironment,studentsmayalsowishtorefertothechapter“AnalyzingInternationalOpportunities”.

    (Note:Thissectionisnottobepresentedasameredescriptionofthecountryofyourchoice.

    Youmustmentiontheimpactofeachfactortothesettingupeitherawhollyownedsubsidiaryorajointventure,andmakearecommendationastowhichstructureisbestsuited).
  2. UsingtheHoftstedeFrameworkinvestigatetheculturaldimensionsthatmayimpactonyourbusinessinyourselectedcountry.YouwillneedtocontrasttheseculturaldimensionswiththeculturalexpectationsasappliedtobusinessoperationsinAustralia.
  3. Inyourreportalsoaddresswhatthegovernmentinyourselectedcountryhasdonetopromoteordiscourageforeignmultinationalcorporationsinvestingintheircountry?Explain.
  4. Overallpresentationandqualityofthebriefingpaper.Theremustbenospellingerrors.

GuidanceonthePresentationoftheResearchReport

  1. EachgroupmemberisrequiredtoconfirmthattheyhavemadeanequalcontributiontotheResearchReport.Ifitisfeltthatthereareinequitiesintermsofgroupcontributionanymemberofthegroupmaywritetothesubjectcoordinatorregardingtheirperceptionofanydifficulties.

  2. Maximumwords:1500

  3. Thereisanabsoluteneedforcorrectreferencing/documentationofthematerialpresented(particularlystatistics).StudentsaretousetheHarvardstyleofreferencing.Ifmaterialispresentedwithoutproperdocumentationitwillautomaticallyresultinafailfortheassignment.ThisisparticularlyapplicabletocuttingandpastingmaterialfromtheInternet.

  4. AttachtoyourResearchReportthedulycompletedAssessmentDeclaration,availableinthe“AssessmentInformation”folderofVUCollaboratesiteforthissubject.Allstudentsinthegroupshouldincludetheirnames,andIDs,andshouldsignanddatetheDeclarationform.

  5. TheResearchReportmustbesubmittedviaturnitin.

  6. Failuretosubmittheassignmentbytheduedateandtimemayresultinafailforthesubject.

  7. Itisexpectedthattheresearchreportbefreeofspelling,grammaticalandexpressionerrors.Ifthepaperdoesnotmeettherequiredstandardintheseareasitwillbefailed.PleasenotethattheLearningHubcanprovidesupportintheseareas

Assessment Criteria and Submission

AssessmentCriteria:

  • Analysisofnationalbusinessenvironment(10marks)
  • AwarenessofculturalissuesanddimensionsbasedontheHoftstedeFramework(5marks)
  • AnalysisofGovernmentpolicy(10marks)
  • Presentation,QualityandReferencing(5marks)

ClickheretoaccesstheAssessmentCriteriaRubric

AssessmentSubmission:

PleasesubmityourGroupresearchreportviatheDropboxbuttonbelow.

ClickheretosubmittheGroupPresentationviatheDropbox

    Powered by Beeline Reader

    Answered Same Day Mar 09, 2021

    Solution

    Kshama answered on Mar 09 2021
    154 Votes
    AWARENESS OF CULTURAL ISSUES AND DIMENSION BASED ON HOFSTEDE FRAMEWORK - CHINA
    Hofstede Framework
    The assessment of the impact of cultural values on the behaviour at the workplace and observing the influence on the attitude of people at their work place is the Hofstede Framework. As mentioned by Beugelsdijk, Kostova and Roth (2017), it is a useful tool for the companies with presence in multiple nations.
    Small vs. Large Power Distance
    China is recognised with large power distance, which is reflected in its business environment in a similar way. As indicated by Yang (2019), there is a distinct difference between the lower class and the upper class of the country. Along with this, the paternalistic mindset also is still prevailing. These differences are indicated to be present culturally and in the business environment. The hierarchical system also is influenced by this. Unlike Australia, the divide is so commonly present that the employees at the lower designations tend to follow the higher management unconditionally even if they lack conviction in the work they are continuing. The businesses and culture of China is characterised by large power distance.
    Individualism vs Collectivism
    This dimension in China is characterised by low individualism. China, by enlarge, comprises of societies, which promote group culture and which does not favour...
    SOLUTION.PDF
    SOLUTION.PDF

    Answer To This Question Is Available To Download

    Related Questions & Answers

    More Questions »

    Submit New Assignment

    Copy and Paste Your Assignment Here
    Attach File