MGT 448 Complete Course

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MGT 448 Complete Course

Week 1

Individual Assignment Globalization Questionnaire

Prepare a comprehensive response to the following questions in 350 words.

What is globalization, and what are some of the traditional international trade theories that support the concept of globalization?

List the major drivers of globalization and provide three examples of each.

Explain at least four effects of globalization that affect your community and your organization.

Discussion Questions

What technological advances in telecommunications and transportation have influenced global business in the last decade? How have these technological advances affected regional economic development? What trends may be anticipated in these areas? Would globalization have been possible without these technological advances?

Discuss how culture, language, and religion might influence the costs of doing business in a particular country. Support your statement with examples.

Discuss the following theory: The study of global business is relevant if you work or plan to work in a large multinational company, but it has little or no significance for individuals who work in smaller national firms. Do you agree or disagree? Defend your argument with at least two supporting statements.

Why is it important to understand the political and economic history of a region when expanding into markets in that region?

Week 2

Individual Assignment Regional Integration for and Against Articles

Select a region approved by your instructor and choose a trading bloc (NAFTA, EU, ASEAN, etc.) within that region.

Write two 350- to 500-word articles, one article in favor of regional integration and another article against regional integration.

Describe the advantages and disadvantages of regional integration and relate the stage of economic development of the economically integrated region to potential business opportunities.

Team Assignment Comprehensive Analysis Presentation

Select a product and a country for a global business venture. Conduct a regional, country, and product analyses for your new global venture. Prepare a 5- to 7-slide summary presentation illustrating the following:

Region Analysis

Regional alliances and economic integration

Social, health, and cultural conditions

Terrorism threats

Technology status

Economic conditions /Finance options available

Environmental concerns/Physical environment and its affect on trade

Political stability/climate

Country Analysis

Social, health, and cultural conditions

Terrorism threats

Technology status

Economic conditions /Finance options available

Environmental concerns/Physical environment and its affect on trade

Political stability/climate

Organization and product or service analysis

Description of your organization

Product needs assessment of the target country

Description of product to meet the need

Global Mission Statement

Format your written paper consistent with APA guidelines. Use the template provided to assist with compliance of format and content.

Discussion Questions

Define a trade deficit and a trade surplus. What are the implications of a long-term trade deficit or trade surplus? What techniques are available to correct balance of payment deficit or surplus?

Does free trade equate to fair trade? Does free trade exist anywhere in the world? Respond to the questions and support your answers with examples.

What is country risk analysis? How is this analysis conducted? Is country risk analysis an effective tool in determining the desirability of establishing a manufacturing site or other mode of entry?

Week 3

Learning Team Assignment Country Risk and Strategic Planning Analysis Paper

Prepare a 1,400- to 2,100-word paper in which you conduct a country risk analysis for your selected global business venture. Analyze the following risks in your paper:

Political, legal, and regulatory risks

Exchange and repatriation of funds risks

Competitive risk assessment

Taxation and double taxation risks

Market risks (four Ps)

Distribution and supply chain risks

Physical and environmental challenges to entering and operating in a target market

Social and cultural risks

Cyber or technology

Describe how you would manage these risks

Summarize your strategic planning process:

Define and clarify mission and objectives

SWOTT analysis of target country

Make strategy selection

Select and justify an appropriate mode of entry for your global product or service

Control and evaluation

Devise contingency plan

Format your paper consistent with APA guidelines.

Discussion Questions

What are the primary functions of the foreign-exchange market? Who are the participants in the market? How do global companies use the foreign-exchange market to hedge against foreign-exchange risks?

Can any product or service be marketed globally? If it sells in the United States, does it sell in another country? Explain why or why not. Can a product be marketed in the same manner in multiple countries? Defend your answer with examples. How might you relate the four Ps of marketing to customer relations management (CRM) in a global business environment?

What are the major staffing policies that global organizations must consider? How must an organization choose among these staffing policies? How do you assess the effect of implementing a specific staffing policy?

Felix Inc, a U.S. technology company has recently developed a revolutionary wireless phone. The product offers exciting new features along with all of the features of current products, but at a fraction of the manufacturing costs. As the international business manager of Felix, you have been asked to choose the best mode of entry into the European market. You have the following options:

Export your product from the United States.

Enter into an alliance with a large European company.

Manufacture the product in the United States and set up a wholly owned subsidiary in Europe.

License a European firm to manufacture and market the phone in Europe.

Week 4

Individual Assignment Case Study Nike Sweatshop Debate Case Study

Select one of the following cases from the International Business Textbook:

Nike: The Sweatshop Debate at the end of Part 2

Google in China at the end of Chapter 4

Boeing versus Airbus: Two Decades of Trade Disputes at the end of Part 3 (Video is not required to complete this case.)

The Russian Ruble Crisis and Its Aftermath at the end of Part 4

Molex at the end of Part 6

Merrill Lynch in Japan at the end of Part 6

Write a 500- to 750-word paper in which you address the following topics:

Describe the legal, cultural, and ethical challenges that confront the global business presented in your selected case study.

Determine the various roles that host governments played in this particular global business operation.

Summarize the strategic and operational challenges facing global managers illustrated in your selected case.

Format your paper consistent with APA guidelines.

Discussion Questions

What are the international and regional institutions that comprise the global monetary and financial system? What role do these institutions play in promoting global business operations?

Under what conditions is it better to borrow funds from a domestic (home country) bank? When might it be necessary to borrow from a target country financial institution? Explain your answer.

What are the elements of capital budgeting? How do you determine these elements in the global business arena? Provide examples of how you would use capital budgeting analysis to determine the desirability of global projects?

When would a firm choose to operate on a transnational basis? Under what circumstances would a firm use a localization strategy? When would an international strategy be employed? Support your answers with examples.

Week 5

Individual Assignment Global Financing and Exchange Rate Mechanisms

Choose one of the following topics. Prepare a 1,050- to 1,750-word paper in which you analyze one of the following global financing and exchange rate topics:

Purchasing power parity and the Big Mac index

Currency hedging

Hard and soft currencies

Countertrade

Financing via letters of credit and EXIM Bank and commercial banks

Tariff and nontariff barriers

Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)

Euro currency markets

Define your selected topic.

Explain how your topic is used in global financing operations and describe its importance in managing risks.

Format your paper consistent with APA guidelines.

Discussion Questions

What is an exit strategy? Give several examples of different types. When is an exit strategy employed? What can go wrong? Think about your fictional company for your learning team exercise. What problems might the company encounter when attempting to stop work in a particular country?

Name the factors that may contribute to the global business failure of an organization? How might a global organization protect itself against a global business failure?

Choose one of the following topics. Analyze one of the following global financing and exchange rate topics. Explain what it is and how it is used in global business:

Purchasing power parity and the Big Mac index

Currency hedging

Hard and soft currencies

Countertrade

Financing via letters of credit and EXIM Bank and commercial banks

Tariff and nontariff barriers

Roles of international financial institutions (e.g. IMF, World Bank, ADB, etc.)

We have discussed a number of issues in this course that affect global management. You have been summoned by your CEO to explain what you believe are the 3 most critical issues in global management that will affect your company in the next 5 years. Explain the issues and your recommendations as to the best course of action for your company to thrive in the global marketplace that it finds itself. Of course you will want to use theories and concepts that you have learned over the past few weeks to explain your thoughts. If your company makes this exercise difficult you may choose a company and provide your expertise to that CEO.

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