Due Week 4 and worth 200 points
Select one (1) global industry, such as the automobile or cell phone industry. Next, use the Internet to research three (3) major international competitors within the chosen industry. Take note of manner in which the popular international business press (e.g., newspapers, magazines, e-zines, press releases, etc.) depicts the selected companies.
Write a four to five (4-5) page paper in which you:
Compare and contrast two (2) models of culture (Hofstede and GLOBE). Next, select one (1) of the researched international competitors, and ascertain the model of culture that is most appropriate for the selected international competitor. Provide a rationale for your response.
Recommend the type of economic system that best relates to the selected researched international competitor. Predict three (3) potential effects of such an economic system on the societies in which the system is involved. Provide a rationale for your response.
Imagine that you have been given the opportunity to lead the selected researched international competitor. Propose the necessary major steps—including education, social development, community activities, bargaining skills, language skills, conflict management skills, etc.—that you would need to take in order to propel you from where you are today to a global leadership/management position at your chosen company.
Suggest two (2) global changes in growth, technology, marketing, products, services, human resources, and customer service, etc., that you would make as CEO of the selected international organization from Question 4. Provide a rationale for your response.
- Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
- Be typed, double spaced, using Arial font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Use the template provided.
The specific course learning outcomes associated with this assignment are: Examine the management concepts in a global business including culture, ethics, and social responsibility.
- Examine the complexity of understanding new cultures and its impact to multinational management.
- Evaluate strategic management and participation strategies in a global business.
Use technology and information resources to research issues in global management.
Write clearly and concisely about global management using proper writing mechanics.
