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Book/movie review
22/08/2022
You are a recent international business graduate employed in a multi-national corporation. Your CEO will depart next week on a one-month business trip to identify the conditions favorable/ unfavorable for either a wholly owned subsidiary or a joint venture in various countries (e.g. Fiji, France) so that she may best determine likely opportunities to set-up a joint venture of the company in that country. The CEO has asked you to prepare a country briefing paper in order to inform her of the key national, cultural, political, legal, environmental and economic factors (plus any current issues), that may affect the successful set-up and operation in your chosen country. She expects a high quality written presentation. Students can select any type of business.
a. Assess the national business environment of your country of choice (economic, political, social, legal, environmental factors) and its basic appeal as a location for a joint venture. (8marks). (Note: This section is not to be presented as a mere description of the country of your choice. You must link each factor (i.e. environmental considerations) to the opportunities to set-up a successful operation. In your answer highlight the different impact of the national business environment on setting up a joint venture.
b. Using both the Kluckhohn-Strodtbeck and Hoftstede Frameworks, investigate the cultural issues that may impact on the set-up and operation of the joint venture in your selected country, such as but not limited to expectations regarding, gift giving, greetings, titles and form of address, the concept of time including punctuality of meetings, the role of women, etc. You will need to contrast these factors with the cultural expectations as applied to business operations in Australia (or Malaysia for Sunway students). Note: A simple description of any of these factors that is not related to doing business in your selected country will cause marks to be deducted. (7 marks).
c. In your country of choice, what has the government done to promote or discourage foreign multinational corporations investing in their country? Explain (3 marks).
d. Overall presentation and quality of the briefing paper (2 marks).
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