4.5 Assignment: ArcelorMittal Acquisition
- Review the rubric to make sure you understand the criteria for earning your grade.
- Read the article Arcelor agrees to Mittal Takeover.
- Read the article ArcelorMittal and Nippon Steel complete acquisition of Essar Steel.
- Peruse ArcelorMittal's corporate website for additional information.
- Peruse Hofstede's Insights for additional information.
- Write a 5-6 page paper following APA Style. For questions on APA Style, go to the APA Style Guide.
- In your paper, address the following questions:
- Compare Hofstede's cultural dimensions for the countries of Luxembourg, India, and Japan.
- Discuss Arcelor's motivation to acquire Mittal and Mittal's motivation to merge with Arcelor.
- Discuss the two major challenges that threatened the Arcelor/Mittal merger. Which of Hofstede's cultural dimensions might be at the core of these challenges?
- Discuss at least two reasons why ArcelorMittal acquired Essar Steel.
- Discuss the rationale for ArcelorMittal’s joint venture with Nippon Steel.
- If you were a manager at ArcelorMittal, what cultural challenges might emerge in your attempts to integrate a Christian worldview in the workplace?
- Include an introduction paragraph, a conclusion paragraph, APA level one headings, and a minimum of five (5) properly cited sources in your paper.
- Submit your formatted APA paper by the end of this workshop.
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