Reference no: EM133653104

Assessment - Discussion and Engagement

Global Business in the Asian Century

This is an individual assessment. In this Unit, the Unit co-ordinator may organize various activities including discussion on specific topics, case study, video, and group discussion. Students are required to actively participate in these learning activities. The requirements for external students are different from those for internal students.

For external students, each student needs to choose two of the five topics listed below to write an essay of approximately 1,250 words (excluding references) on each of the two topics (the two essays should be in one Microsoft Word file). For internal students, each student needs to choose one of the five topics listed below to write an essay of approximately 1,250 words on the topic, and actively participate in in-class activities. Class sign-up sheet will be used to check class attendance of internal students from time to time. The essay topics include:

• According to Hofstede (2007), Asian cultures bear some common features? What are they? How do these features influence management in Asia? If you were hired as a CEO who manages the subsidiary of an Australian company in an Asian country, how would you manage the subsidiary in the Asian cultural context?

• Buckley (2011) proposed the concept "global factory". What does the concept mean? What are the implications of the concept for international business? If you were to establish a firm of your own, how would you leverage the global factory to develop your firm into a successful international business?

• According to Mathews (2006), what strategy do firms from emerging Asian economies take to catch up with firms from advanced economies? If you were hired as a CEO of a firm based in an Asian emerging economy, how would you take this strategy to develop your firm into a "dragon multinational"?

• According to Santos and Williamson (2015), many multinationals based in advanced economies have failed in competition with local firms in emerging economies. Why did these multinationals fail? If you were hired as a CEO of one of such multinationals, what would you do to address the challenges you face in emerging economies?

• According to Porter and Kramer (2011), firms need to create shared value. What does "creating shared value" mean? How does this approach differ from prior approach to corporate social responsibility? How should a company create shared value in an international business context?

For each essay, you need to have a minimum of 10 references, which do not count toward your word limit.

To do well in engagement, you need to attend all seminars, read the required readings, view videos as required, and relate your analysis and argument to what are discussed in these readings, videos and seminars.