International Business Essay: Internationalisation of Business

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Objectives:
Multinational corporations (MNCs) are among the key players in the global economy. Their emergence from a wide range of diversified national production systems results from the globalisation process and the proliferation of different forms of competition.
In recent decades, MNCs have started to operate in emerging and frontier markets. There are also disruptive technologies that promote the growth of MNCs from all countries around the world. It is, therefore, important for us to be able to comprehend the nature of internationalisation process of business.
In this task, you are asked to perform an international business analysis. In doing so, you will need to understand some international business theories from this course. This assignment will help you to be able to ‘learn’ and ‘apply’ key international business theories from the course to ‘real-life’ multinational corporations (MNCs).
– Type: Individual
– Value: 50% (length: up to 2,500 words)
– Due: TBA
 
Structure of your Essay:
The key question for this essay is:
“What are the key challenges for an MNC in the international business arena?
Step 1:
You need to select a multinational corporation from appendix 1. All companies from the list are ranked among top MNCs from various industries.   
Step 2:
Select one country where your company has invested in (in any foreign direct investment forms). Then, you need to will need to answer the following questions in your essay.
Part 1: Analysis of your Multinational Corporation (MNC)
In this section you will need to present and analyse key data supporting the status of your company as a multinational corporation.
Question 1: Please explain your company’s profile as an MNC.
Question 2: Please use one theory related to ‘globalisation of business’ to analyse the status of your company.
 
Part 2: Host Country Analysis
You will need to focus on ONE factor from the host country that influences the internationalisation process of the firm. As we focus on politicaleconomy and socio-cultural factors in the first part of this course, we recommend you to answer the following questions in this section:
Question 3: What are the key country/regional factors affecting your firm’s choice of country? Why?
Question 4: Please use one theory from the course to support your argument(s). The application of some theories from this course such as Uppsala internationalisation theory, Eclectic paradigm, and Porter’s diamond theory can also be useful at this point.
Part 3: Foreign Entry Strategies: In this section you will need to answer these questions:
Question 5: What is entry strategy performed by the company? Please use academic resources (i.e. journal articles) to explain the concept of the company’s entry strategy and its benefits/pitfalls. Please identify some constraints of the selected entry strategy. It is important that you combined points from academic sources (i.e. academic journal articles) and information from the company to analyse potential constraints of the entry.
Part 4: MNC and its Impacts
Question 6: What are the key international business challenges for your company?
Question 7: From the UN Global Compact Principles/Sustainable Development Goals, which area(s) that your MNC will need to focus in their current and future business? Why?
 
Tips    

  1. The core of this assignment is to assess your level of mastery of the subject matters and your analytical skills in relation to foreign market entry strategies. It is important that you can integrate key international business theories from the course to your analysis of an MNC in this assignment.
  2. Do not perform PESTEL/SWOT/ five forces analysis in this essay.
  3. This is an international business essay. Please avoid marketing and general management points/analyses in this essay.
  4. You can use primary data from corporate’s social media channels such as twitter, facebook, or Instagram to analyse its position in the current international business climate.

 
Other requirements
– A minimum of six (6) academic journal articles must be read and cited.
– The assignment must be well-structured and well-presented.
– The clarity of expressions together with the appropriate use of grammar, spelling and punctuations are important to maintain.
– Any use of comments, information, data or quotations from others (books, journals, newspapers, web etc.) must be cited using Harvard referencing style.
– The 12 point font in Times New Roman should be used throughout. Appropriate spacing (1.5 lines) and margins on all sides (at least 2 cm) need to be maintained.
– Number each page.
Essential Information

  • This is an individual assignment (50%)
  • Length of this essay should be between 2,000-2,500 words (including country analysis).
  • Theories from the course (BUSM1227 International business) MUST be incorporated in your analysis
  • Marking criteria is available from the learning hub.
  • We focus on the quality of reference. Make sure you combine both academic and industrial or trade information. Please use, at least, six academic journal articles to form your arguments.
  • The clarity of expressions together with the appropriate use of grammar, spelling and punctuations are important to maintain.
  • Any use of comments, information, data or quotations from others (books, journals, newspapers, web etc.) must be cited properly.
  • The 12 point font in Times New Roman should be used throughout. Appropriate spacing (1.5 lines) and margins on all sides (at least 2 cm) need to be maintained.
  • Number each page.
  • This link will be useful for your writing, referencing and academic style presentation   https://emedia.rmit.edu.au/learninglab/content/writing-skills

 
 
 
 
 
Appendix 1: Company List and its country of origin

Glencore (Switzerland) Industrial and Commercial Bank of China (China) MMG (Australia) Amazon.com (US) Petrobras (Brazil)
Samsung electronics (Korea) China Construction Bankn (China) Boeing
(US)		 BASF (Germany) GlaxoSmithKline (UK)
Airbus Group (Netherlands) State Grid (China) Trafigura Group (Singapore) Siemens (Germany) Tesco
(UK)
Luk Oil
(Russia)		 Tata Group (India) Monsanto
(US)		 ANZ
(Australia)		 Petronas (Malaysia)
Sony
(Japan)		 HSBC Group (UK) Atento
(Spain)		 Novo Nordisk (Denmark) Microsoft
(US)
 
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Organizational Culture and Change Implementation

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Question Description

In the public health arena, you will find public health professionals have a unique organizational culture that is distinct from acute care medicine. Organizational culture has a significant impact on how change implementation will be viewed and enacted. It is important for you to understand that all industries, based on their specific culture, will react differently when implementing change.
Respond to the following questions associated with the importance of organizational culture and change implementation using your textbook, the Internet resources:

  • A strong organizational culture is a necessary component of outstanding performance, but it is not sufficient. Do you agree with this statement? Explain your position.
  • Explain why organizations with multiple stakeholder values are likely to be more adaptive than organizations with just one stakeholder value.
  • Research the concept of a self-sealing value loop. How might the self-sealing value loop work for a manager who holds Theory Y values?
  • The value of employee participation in creating motivation for change is widely recognized. Yet, managers resist the idea of recognizing employees’ contribution to change. Do you agree with this statement? Justify your answers with appropriate reasons.

Give reasons to support your statements.
Write your initial response in approximately 200 words. Apply APA standards to citation of sources.

 
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Organizational Structure and Culture Change

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Question Description

You are employed in a large consulting firm. A new client has engaged your firm. It is a well-established, nationwide company that for years dominated the market share in its niche industry. The company has a traditional, hierarchical, and function-based organizational structure with many levels of management and uses centralized decision making. The organization prefers to use a small number of account managers based in the headquarters as the point of contact for all customer inquiries and problem resolution. The culture is conservative, stable, and risk averse. Teamwork is considered wasteful.
The company is noticing a disturbing trend of customers switching to its competitors. These competitors are small, agile firms that emphasize rapid adoption of new technologies and fast, empowered, team-based customer service. These companies are local to their customers, while your client has a central headquarter office with four regional offices that only provide limited services.
Based on its own internal study, the client company wishes to undertake organizational structure change and organizational culture change. They seek advice on what specific changes are needed.
You have been assigned to the team working on this project with one of your firm’s senior consultants. The team has asked you to draft a presentation for internal review. Ultimately, the presentation will be delivered to the client by the project manager.
Your task is to create a presentation, with speaker notes, including the following:

  • Analyze and describe the reasons why the current organizational structure makes your client vulnerable to its new competitors.
  • Propose a new organizational structure. Explain how the new structure will address the problem of client retention.
  • Evaluate and inform the client of the changes needed in its organizational culture to support the new organizational structure.
  • Explain how teamwork might be used to support the new organizational structure and culture. Be sure to indicate which “types” of teams will be used.

Recommendations must be supported by applicable scholarly sources.
Your final product should be a 6- to 8-slide Microsoft PowerPoint presentation (excluding the title slide and reference slide), using a minimum of 4 sources from professional literature. Professional literature may include the University online library resources, relevant textbooks, peer-reviewed journal articles, and websites created by professional organizations, agencies, or institutions (.edu, .org, and .gov). Be sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling, grammar, and punctuation.
All written assignments and responses should follow APA rules for attributing sources.

 
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culture change and visual management

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Question Description

this is the link https://www.lean.org/common/display/?o=3207
https://www.lean.org/common/display/?o=3207
LEAN CASE STUDY 3: TEMPLATE
INSTRUCTIONS: Use this word.doc to type your answers to the questions and submit to Blackboard
Topic: Culture Change & Visual Management
Facility: Cleveland Clinic
Name__________________________________
Instructions: Use this template and always use “Bullet Points” when possible for multiple items under a “Topic”
1) What “TOOLS” did they use to change the culture.
List the tool and briefly explain how it was used. (Use bullet points)
2) “Organizational Alignment” (1 page)
a)Why is an organizational alignment always necessary when converting to a “Lean Structure”
b) How did the change affect duties of the 3 levels of personnel
3) Visual Management (2 pages)
a) How did they use visual management
b) What benefit did visual management have on the way personnel did their job
c) How did “problem solving” change with the new system
4) Standardization (1 page)
a) Why did they standardize the work
b) How did they use “Visual Management” in standard work
5) Culture Change (1 page) (use bullet points with brief explanations)
a) What effect did the items 1-4 above have on changing the culture
 
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