intro to international busniess
Question Description
Assignment Regulation:
- All students are encouraged to use their own word.
- Assignment -1 should be submitted on or before the end of Week-07 in Black Board only.
- This assignment is an individual assignment.
- Citing of references is also necessary.
Assignment Structure:
A.No |
Type |
Marks |
Assignment-1 |
Case Study |
5 |
Total |
5 |
Learning Outcomes:
- Analyse the effects of culture, politics and economic systems in the context of international business (Lo 1.9 & 2.1)
- Carry out effective self-evaluation through discussing economic systems in the international business context (Lo. 3.6)
- Explain the forces driving and evaluate the impact of globalization (Lo 1.3)
Case study
Reread the Management Focus on “China and Its Guanxi”, available in your e-book (page no.110) and answer the follow questions:
Assignment Question(s): (Marks: 5)
- Why do you think it is so important to cultivate guanxi and guanxiwang in China? (Mark:1)
- What does the experience of DMG tell us about the way things work in China? What would likely happen to a business that obeyed all the rules and regulations, rather than trying to find a way around them as Dan Mintz does? (Marks:2)
- What ethical issues might arise when drawing on guanxiwang to get things done in China? What does this suggest about the limits of using guanxiwang for a Western business committed to high ethical standards? (Marks:2)
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