International Management Research. Your Country of Interest. Research on two major topics: (1) Its business / economic environment and (2) cultural behaviors
The International Management Research & Report assignment is the major project for this course. Students will select a country of interest and conduct research on two major topics:
(1) Its business / economic environment and (2) cultural behaviors and anomalies specific to the Business environment of that country.
The assignment will be submitted in a series of steps (“parts”) each week throughout the semester. Instructions for report formatting may be viewed on page 10 of the Course Syllabus.
The Report will consist of eight (8) parts / submissions and instructions will be posted each week in D2L. The instructions are included along with the content specific to the completion of the assignment. In other words, instructions and resources are posted together.
It may be helpful for you to ‘pretend’ you have been reassigned to the country you selected for a 2 – 3-year project for your organization.
Obviously, you will be living there AND expected to deliver productivity for your organization. You may select a business (or government assignment), if you find that helpful in completing this assignment.
During the first week of the semester, select the country on which you will conduct your Research Project & Report assignment. Post your selection in the Discussion Forum provided for this step.
Part 1 (due WEEK 2) INSTRUCTIONS
Visit the U. S. Central Intelligence Agency’s (CIA) website to locate the World Fact Book: https://www.cia.gov/the-world-factbook/ . This resource is published annually by the CIA and is a reliable resource for successful Managers responsible for employees of other cultures or managing an international operation. Scroll down the website and look for “Explore Countries” section. From the dropdown menu box, click on the country you selected for the project:
When your country page opens, you will find a gold mine of information, including photos of locations of interest. Look over the (1) brief history of your country. Next you will find (2) geographic information.
Geography plays a major role in a country’s climate, culture, civilization, conflicts, economy, and wealth. Read over the geography and reflect on ways your country’s geography impacts cultural and economic characteristics.
Next in the World Fact Book website is information about the country’s (3) “People & Society.” Very interesting information! Even includes the percentage of “children under the age of 5 years who are underweight.” You see how rich this resource is! Continue your country investigation to include (4) Environment, (5) Government, (6) Economy, (7) Energy, (8) Communications, (9) Transportation Systems, (10) Military & Security, and (11) Terrorism.
As you look over this information, focus on how these characteristics will affect (positively or negatively) the Business environment. Select six (6) of the above characteristics reviewed in the World Factbook and compose an essay on how you see the characteristic will impact your sojourn and business success.
Your completed essay should be between 4 – 6 pages (double-spaced). Remember to maintain the focus on the affect the characteristic will have on your business. [For example, you see in “People & Society” that 12.05 million children between the ages of 0-14 years, and you work for Mattel Corporation….You have hit a target rich market!]
China is the world’s largest economy and is becoming an increasingly important player in the global marketplace. As a result, international management research is becoming more and more relevant. In this blog post, we will discuss some of the latest findings from international management research in China.
We will look at how Chinese businesses are adapting to the global market, and what strategies they are using to compete successfully against Western businesses.
We will also examine the challenges that Chinese businesses face in the global market, and how they are overcoming these challenges. Finally, we will provide some insights into the future of international management research in China.
The past decade has seen a dramatic increase in the number of Chinese businesses operating in the global marketplace. This trend is only expected to continue in the coming years. As more and more Chinese businesses enter the global market, it is becoming increasingly important for Western businesses to understand how these businesses operate.
International management research can help us to better understand the strategies and practices of Chinese businesses, and how we can best compete against them in the global marketplace.
One of the most important findings from recent international management research is that Chinese businesses are often much more adaptable and agile than their Western counterparts. This is due to a number of factors, including the fact that Chinese businesses are often family-owned and operated, and thus have a more long-term orientation.
Additionally, the Chinese government has been very supportive of the development of the country’s private sector, providing tax incentives and other forms of support. As a result, Chinese businesses are often able to respond quickly to changes in the market, and are not bogged down by bureaucracy or red tape.
Another important finding from international management research is that Chinese businesses tend to be very focused on cost cutting. This is due to the fact that labor costs in China are relatively low, and many Chinese businesses operate on slim margins.
As a result, they often look for ways to cut costs, such as by using lower-cost materials or by outsourcing production to cheaper countries. While this cost-cutting strategy may not always be sustainable in the long term, it can give Chinese businesses a significant competitive advantage in the short term.
Finally, international management research has also shown that Chinese businesses are increasingly looking to expand into new markets. This is due to the fact that the Chinese economy is becoming more and more open, and foreign companies are starting to see the potential of doing business in China.
Additionally, many Chinese businesses are now starting to realize that they need to expand beyond their home market in order to remain competitive. As a result, we are likely to see an increase in the number of Chinese businesses operating in the global marketplace in the coming years.
These are just a few of the latest findings from international management research in China. As we can see, Chinese businesses are becoming more and more important players in the global marketplace, and it is becoming increasingly important for Western businesses to understand how they operate. International management research can help us to better understand the strategies and practices of Chinese businesses, and how we can best compete against them in the global marketplace.
So if you’re interested in learning more about international management research in China, be sure to check out our blog! We’ll be sure to keep you updated on all the latest findings! Thanks for reading!