international businesses

forces of globalisation and evaluate their impact on the operation of domestic and international businesses

La Trobe Business School INTERNATIONAL MANAGEMENT MGT2IMG Subject Learning Guide Summer Semester 2017 Bundoora Subject Coordinator(s): Dr Nicola McNeil La Trobe University 2 Table of Contents SUBJECT DETAILS 3 GENERAL DETAILS 3 ENROLMENT REQUIREMENTS 3 STAFF CONTACTS 3 SUBJECT DESCRIPTION 3 SUBJECT INTENDED LEARNING OUTCOMES (SILOS) 3 GRADUATE CAPABILITIES 3 LEARNING ACTIVITY SUMMARY 4 ASSESSMENT AND FEEDBACK SUMMARY 4 LEARNING RESOURCES 4 STUDENT FEEDBACK ON SUBJECT SURVEY 4 FOR INFORMATION ON STUDENT FEEDBACK ON SUBJECTS REFER TO: 4 HTTP://WWW.LATROBE.EDU.AU/STUDENTS/GET-INVOLVED/SPEAK-UP/SUBJECTS-TEACHING 4 POLICIES, PROCEDURES AND GUIDELINES 5 ACADEMIC INTEGRITY 5 SPECIAL CONSIDERATION 5 EXTENSIONS, LATE SUBMISSIONS AND PENALTIES 5 RESULTS, REVIEWS AND RE-MARKS 5 SCHEDULE OF LEARNING ACTIVITIES 6 SESSION PLAN 6 LEARNING ACTIVITY DETAILS 6 STUDENT LEARNING UNIT (SL) 6 LEARNING MANAGEMENT SYSTEM (LMS) 6 LIBRARY 6 STUDENT SUPPORT SERVICES 6 PEER LEARNING ADVISERS 7 ASSESSMENT AND FEEDBACK DETAILS 8 La Trobe University 3 Subject Details GENERAL DETAILS Subject Code: MGT2IMG Subject Title: International Management Teaching Period: Semester 2 Location(s): BU Credit Points: 15 CP Mode: Blended Level: Level 2 ENROLMENT REQUIREMENTS Prerequisites: MGT1FOM or BUS1BUF Co-requisites: Nil Incompatibles: Nil Assumed Skills & Knowledge: Students with special needs whose participation in this unit might be limited by any study requirements are encouraged to consult the Equity and Diversity Unit. STAFF CONTACTS Role Campus Name Email Telephone Room Subject Coordinator BU Nicola McNeil [email protected] 94791471 MAR 363 SUBJECT DESCRIPTION In this subject, you will gain an understanding of how changes to the international business environment impact business conduct in the domestic and international arenas. We start the semester by looking at the primary forces behind globalization and the rise of multinational corporations. With an emphasis on internationalization strategies and how business structures and procedures might support these goals, we examine how businesses internationalize. We specifically address concerns of cross-cultural management and knowledge transfer in this debate. We explore the ethical, social, and environmental duties of multinational corporations to bring our analysis of international management to a close. SUBJECT INTENDED LEARNING OUTCOMES (SILOS) Upon successful completion of this subject, you will be able to: 1 Identify the forces of globalisation and evaluate their impact on the operation of domestic and international businesses 2 Apply theories and concepts relevant to international business to address the challenges of managing across national borders 3 Assess the impact of differences in national cultural values and social institutions on the management of multi-national enterprises 4 Analyse the implications of ethical, social and environmental responsibilities on the behaviour of multi-national enterprises 5 Demonstrate professional writing and speaking skills in the context of international business; and 6 Participate effectively in teams to produce and outcome for a professional and scholarly audience in international business GRADUATE CAPABILITIES The following Graduate Capabilities (GCs) are evaluated in this subject: GC GC Point a Writing Midpoint b Speaking Midpoint c Inquiry/Research Midpoint d Critical Thinking and Analysis Midpoint e Creative Problem Solving Midpoint La Trobe University 4 f Teamwork Midpoint g Information Literacy Midpoint h Ethical awareness Midpoint LEARNING ACTIVITY SUMMARY Learning Activity: Schedule Online learning materials Weeks 1-6 Workshops (face-to-face) Weeks 2-6 Further information is available at http://www.latrobe.edu.au/timetable/ ASSESSMENT AND FEEDBACK SUMMARY Assessment Tasks: Due Date SILOs GCs % Comments Reflective Exercise 22 January by 11.55pm 1-6 a c d e f g h 20% 1000 words Pecha Kucha Group Presentation 5 February by 11.55pm 1-6 a b c d e f g h 30% 20 powerpoint slides, 20 second narration per slide Examination Examination period 1-6 a d e g h 50% LEARNING RESOURCES Reading Type Title Author and Year Publisher Prescribed Text International Management: Culture, strategy, behaviour, 9th edition Luthans and Doh, 2015 McGraw Hill STUDENT FEEDBACK ON SUBJECT SURVEY The Student Feedback on Subjects (SFS) Survey is part of the quality assurance process that occurs across the university. You are encouraged to share your experiences learning about this topic with us through this survey. We will consider your suggestions and use them to improve this course for the incoming class of students. You will receive an email invitation to do the surveys, which are completely anonymous, during the survey time. As a direct result of student input, we have made considerable modifications to MGT2IMG during the past two years. Examples of these adjustments include the adoption of a new textbook in 2016, the reduction of the exam’s weighting to 50%, and the redesign of the internal assessment items to make them more interesting and useful for students’ skill development. La Trobe University has a total of five policies, procedures, and guidelines that staff members and students must follow. You should become familiar with the following policies, procedures, and guidelines, in particular those that are likely to have an impact on you: academic integrity, academic progress, assessment and feedback, extension of submission dates, late submission of assessment tasks, occupational health and safety [OHS], privacy, special considerations, student charter, and use of electronic mail. The website at http://www.lat.edu/ contains the pertinent policies, procedures, and guidelines. This is a severe issue for La Trobe University, as shown by the excerpt that follows: “Academic honesty is a fundamental principle in teaching, learning, research, and scholarship.” The university demands that all members of the academic staff and students uphold the highest ethical standards in all facets of academic work. The university demonstrates its commitment to these values by giving due credit for honestly conducted scholarly work and by punishing academic misconduct and any form of cheating. Academic misconduct includes incorrect referencing, plagiarism, copying, and cheating. Academic Integrity Procedures (2012, p. 1 of 6). To ensure that you are aware of your obligations for academic integrity, familiarize yourself with them. If you have any questions, contact your course coordinator. The website at http://www.latrobe.edu.au/students/learning/academic-integrity contains information. Visit http://www.latrobe.edu.au/students/learning/academic-integrity/referencing-help for assistance with referencing. Special Consideration: Special Consideration is the name given to a process that applies an equity measure to ensure that any temporary adverse circumstances outside of a student’s control that negatively affect that student’s ability to demonstrate their learning achievement for an assessment task are taken into account. The ability to request special consideration does not guarantee that one will be granted it. To qualify for special consideration, a number of requirements must be met. Extensions, Late Submissions, and Penalties There are policies and procedures to ensure fair, consistent, and transparent treatment of late submission of assessment tasks, provide equity around extensions to submission dates, and provide penalties associated with not submitting assessment by the due date. Special consideration applications for assignments, mid-semester tests, and final examinations should be submitted online at: http://www.latrobe.edu.au/special-consideration For more information, please visit the website for the relevant policies, procedures, and guidelines at: http://www.latrobe.edu.au/policy/documents/late-submission-ofassessment-tasks-policy.pdf Submission of special consideration applications for assignments, midterm exams, and final examinations should be made online at: http://www.latrobe.edu.au/special-consideration Results, reviews, and re-marks If you believe your assessment task has been Please visit the website at: http://www.latrobe.edu.au/students/exams/results La Trobe University 6 for information on pertinent policies, procedures, and guidelines. Schedule of Learning Activities Workshop Plan Week Date Topic Resources 1 09.01.17 The Interconnected World of International Management Luthans and Doh, Chapters 1-3 2 16.01.17 Managing Cross-Cultural Differences Luthans and Doh, Chapters 4-6 3 23.01.17 Cross-Please make sure to look further information up at http://www.latrobe.edu.au/students/timetables to view the complete time and location details for learning activities in this subject. You should also frequently check the subject’s LMS site (where applicable) for updated information [at least once per week]. Student Learning Unit (SL): The Student Learning Unit (SL) collaborates closely with the teaching staff in the schools as well as on the regional and Melbourne campuses to make sure that all La Trobe students—including those from non-English-speaking backgrounds—develop the advanced academic speaking, writing, reading, and numeracy skills necessary for success in their courses. The Learning Management System (LMS) is an Internet-based system that enables you to access learning resources and interact with other students and teaching staff in activities related to your studies from any location with Internet access. For more information, please visit the website at: http://www.latrobe.edu.au/students/learning/. When you enroll in a subject, you are often enrolled instantly on the LMS site for that subject. By entering the username and password that were supplied to you on your Statement of Account, you can access the LMS at https://www.latrobe.edu.au/lms/login/. The website for the Learning Management System (LMS) may be found at: http://www.latrobe.edu.au/lms/library. The Library has a wealth of useful physical and online learning resources that can assist you with your studies. Students should take a library tour to familiarize themselves with the actual library environment while on campus. All students should become familiar with the Library website, where online resources include: Achieve@ Uni [latrobe.edu.au/students/support/achieve]—learning crucial university skills, such as finding and using information in your assessment tasks, referencing, reading, writing, and presenting academic language and mathematic skills; Assignment Calculator [latrobe.edu.au/library/assignment-thesis-support/assignment-calculator]; and Student Help Services. The Equality and Diversity Center can offer guidance and help if you have unique requirements because of a disability or other circumstances. The phone numbers for this center are (03) 9479 2900 in Melbourne, (03) 5444 7410 in Bendigo, and (02) 6024 9628 in Albury-Wodonga. For those who are deaf or hard of hearing, you can call the National Relay Service at (inside Australia only) 133677. Visit the website at: http://www.latrobe.edu.au/equality/, or send an email to [email protected]. Peer Learning Advisers (PLAs) are seasoned students who may assist you with writing assignments and theses, arithmetic and statistics, and other academic abilities. La Trobe University has seven PLAs. Friendly and approachable, PLAs can be found in a variety of fields, including business, education, and the health sciences. These campuses: Bundoora, Bendigo, Albury-Wodonga, Mildura, and Shepparton all offer their drop-in service. Latrobe.edu.au/students/learning/drop-in-learning-support has their schedule posted online. La Trobe University 8 Assessment and Feedback Details Assessment Task 1 Due Date% SILOs Assessed Reflective Exercise 22 January 2017 by 11.55pm 20% 1-6 Submission Details Students should submit the assignment through the Reflective Exercise submission link in the LMS Grading Criteria and Feedback Grading Criteria will be provided on the LMS Description of Task Cultural dissonance is a term that is frequently used to describe a sense of discomfort, discord, or disharmony arising from a particular culture. You must think back on a period when you encountered cultural discord for this task. It could have happened when you were traveling, watching a movie, at work, or in school. Consider the following as you reflect on your encounter with cultural dissonance: 1. Clearly describe the phrase “cultural dissonance” while referencing pertinent academic writing. 2. Give a thorough explanation of the type of cultural dissonance you encountered. Examine the cultural aspects or values that contributed to the contradiction in your debate. 3. How did you deal with the dissonance you felt? How can you use this experience to your advantage? Your assignment should be around 1000 words (plus or minus 10%), without counting references. It can be written in the third person or the first person (for instance, “I went on vacation to Bali last year.”). You must simply maintain consistency throughout the entire paper. must be properly cited (using a reference list and in-text citations). Both the Harvard and Academy of Management citation styles are acceptable. Make sure to maintain a consistent tone throughout the project. The file should be labeled TutorsInitials_YourID.docx (for instance, JC_1234567.docx) and submitted using the Reflective Exercise submission link. Useful Resources: Heine, S.J. & D.R. ‘Culture, Dissonance, and Self-Affirmation’ by Lehman, 1997. 23(4): 389–400 in Personality and Social Psychology Bulletin. La Trobe University Task 2 Due Date% SILOs Assessed Group PechaKucha (Group Presentation) 5 February 2017 by 11.55pm 30% 1-6 Submission Details Groups should post the file to Youtube and submit the URL in accordance with the LMS’s guidelines. Feedback and Grading Standards: Grading standards will be available on the LMS under the task description. Students are to create groups of four. A group of La Trobe University graduates make up your team. You founded a business in your last year of college that creates and markets stylish t-shirts that target the 15- to 25-year-old market. Each of your parents gave you a small amount of start-up money to start your business. Your t-shirts are of excellent quality and are printed with catchy slogans. The ‘YOLO’ and ‘Shake it Off’ are two of your top sellers. Your t-shirts have the interesting property of being carbon neutral, which means the company has committed to financing carbon initiatives in Melbourne that result in the prevention of greenhouse gas emissions in order to balance any carbon emissions throughout the production process. Each t-shirt contains a tag that details how much carbon was released into the atmosphere during production and how this was compensated. The t-shirts are so well-liked that demand is ten times greater than supply due to their high quality, catchy slogans, and commitment to carbon neutrality. The company has been running in Melbourne for a while. All t-shirts are created and produced at the Brunswick corporate office and distributed through a number of neighborhood retail stores. Right now, you want to grow internationally by entering new markets. According to you, outsourcing the production of your t-shirts is the only method to boost production volume and maintain price competitiveness in order to compete in the global market. An expert in international business has suggested that you outsource production to Bangladesh. For your parents and other investors who are interested in backing your global expansion, you must produce a PechaKucha-style presentation. You must look at the following in your presentation: o An overview of the company, including its name and current business plan; o Defend your choice to go global with investors. Think about the potential markets where your t-shirts might be sold, and back up your claims with evidence. Describe your entry plan for these potential new markets and defend it. Create a new organizational chart that includes the new international operations and justifies the structure you chose. Take into account four obstacles you can encounter if you outsource production to a Bangladeshi manufacturer. How will you approach these difficulties? In your response, you could take into account how Australia and Bangladesh differ in terms of their communication styles, negotiation techniques, and cultural elements, as well as control and decision-making difficulties. Determine the Bangladeshi community’s worries about your business there. What strategies do you have in place to address their worries and guarantee a long-lasting working relationship? What is a presentation in the PechaKucha format? Each of the 20 slides in a PechaKucha presentation is timed by the software so that it only appears on the screen for exactly 20 seconds before moving on to the next slide. PechaKucha is sometimes referred to as a 2020 presentation because of this. Astrid Klein and Mark Dytham, two Tokyo architects, first came up with the idea for PechaKucha, which translates from the Japanese as “the sound of conversation,” as a way to inspire student speakers to utilize PowerPoint in a more structured and concise way. The format restricts the presenter, which encourages inventiveness. Each slide has a 20-second time limit, so you must carefully consider how to visually display the information on the slide and what you will say about the slide during that time. So that you may simply play your presentation to the rest of the class on the day of the presentations, we ask students to pre-record their whole presentation. You will need to learn how to do two things in order to accomplish this: o Set the PowerPoint slideshow timer to 20 seconds for each slide (see Transitions>Timing in the PowerPoint menu); and o Record voiceover narration for the slides in order to complement the material on the slides (Slide Show > Record Slide Show in the PowerPoint menu). La Trobe University 10 Assessment Task 3 Due Date% SILOs Assessed Examination Examination Time 50% 1-6 Description of Task This semester’s organization theory material will be tested in the final exam. The exam will take place during the university exam session. Finding out the date and time of the exam is the duty of the students. The format of the final exam will be as follows: Part A: Respond to three of the five critical analysis questions. There are a total of 30 questions, each carrying 10 marks. A brief case study analysis in Part B is worth 20 points.

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