Reference no: EM133171838

Intercultural Management

Question 1.

More businesses are becoming multinational, which means that management must conform to the changes. If you were a mid-level manager in a company that was transitioning to a multinational corporation, what would your main concerns (as a manager) be about this change? Why?

Question 2.

Reflect on social inequality and how active you think a company should be as far as helping to eliminate social inequality. Do you think companies should have specific policies addressing this issue, or do you think it differs according to the type of industry? Why?

Question 3.

Suppose that the home products store where you work is analyzing expansion into markets in Central America. Of the entry-mode strategies we studied in this unit, which do you think offers the greatest opportunity for minimizing risk and maximizing opportunities in this region? Why?

Question 4.

If you were the manager of a family business, what do you think your biggest hurdle would be in making the jump to international business operations? Why? What do you think would be the biggest advantage of a family business going global versus a non-family corporation? Why?

Question 5.

If you were the manager of a brick-and-mortar business looking to go international through e-commerce, would you lean toward handling everything in-house or using an e-commerce enabler? Why?

Question 6.

If you were offered an expatriate position with an attractive salary and benefits package, would you take it? Why, or why not? Reflect on what factors would be your main considerations.

Question 7.

Consider that you are a multinational manager leading a negotiating team from the United States in negotiations with a company in Central America. Other than language, what do you think are the main challenges you should consider? What can your team do to overcome these challenges?

Question 8.

Identify a task that you would need to perform in your current career or future career, and explain how you would apply the knowledge you have learned in this course to succeed at performing the task in a real-world scenario.