Mgt 340 Individual Assignment 3 Strategy Report Due

Mgt 340 Individual Assignment 3 Strategy Report Due: 17 October Word count: 3000 words Submitted via TURNITIN Weight: 50%

Executive Summary a 2 page (maximum) summary of key findings, strategies and outcomes. TABLE OF CONTENTS

1. INTRODUCTION State your report objectives Report Scope/outline

2. Brief background to company and selected international country: ie brief approx 2 page synopsis of Assessment 2 (Topics 1 -6). Company background International country background Economic analysis Political/legal analysis Cultural analysis

3. Ethics & Corporate Social Responsibility How well does the report highlight differences in acceptable principles of right and wrong between the two nations? Discussion should cover any ethical issues the international business manager may encounter in doing business in the country in relation to employment practices, human rights, bribery and corruption, environmental issues and the moral obligation of the firm – and how the firm might deal with these issues (eg differences in attitudes, values, practices) suggestions on how to tackle these ethical issues in order to minimise problems which may arise (Topic 7)

4. Recommendation for International strategy for company – topic 8 Strategies will be evaluated in terms of how well justified they are based on the macro environment in the country and the size and capabilities of the firm Evaluations of company(goals, capacity, aims in foreign expansion) Competitive strategy ( eg cost leader, differentiation, niche) International Strategy (ie localisation, transnational, global standardisation or International)

5. Recommendation for entry mode with justification- topic 9 Provide recommendation for entry mode and justify why this mode is selected, ie: Export Franchising Licensing Green venture Management contract, etc…

6. HRM Resources Analysis and Recommendations (topic 10) Strategies will be evaluated in terms of how well justified they are based on the macro environment in the country and the characteristics of the firm. Referring to the cultural issues identified early, discuss any implications for staff management, international staff relations and management structure Identify any etiquette and customs international business managers should be aware of in the office (ie not covered in culture section) Highlight any international labour relations that might be of concern in the country (eg power of unions, frequent strikes) and suggest strategies the firm should take to deal with any issues.

Recommend the HRM approach to be taken by the firm (ethnocentric, polycentric or geocentric) Outline strategies for reducing the possibility of expatriate failure (if expatriates are used) and discuss any relevant issues around performance appraisal and compensation

7. Methods and strategies for motivation and leadership of cross cultural teams (Topic 11) What are some basic issues in managing diverse cultures or cross cultural teams? Provide effective ways to motivate and manage diversity of cultures What relevant motivational theories and practises can you recommend? What suitable leadership style is recommended?

Conclusion Summarise keyponts in your findings and recommendations

Referencing/Presentation/Spelling & Grammar Was the report professional in quality? Easy to read? Well structured? Spelling and grammar correct? Were references included? Did they conform to APA guidelines.

REFERENCES Use at least 15 academic references (updated/recent sources) APA style of referencing IMPORTANT: REFER TO RUBRICS OR MARKING CRITERIA IN PREPARING YOUR ASSESSMENT 3.