URGENT! LAST MINUTE SUBMISSION : INTERNATIONAL MANAGEMENT TOPIC QUESTIONS
Topic 5: Cross-cultural Negotiation & Decision-making
Question 2
What are some of the differences in risk tolerance around the world? What is the role
of risk propensity in the decision-making process?
Question 3
Describe what you would expect in negotiations with Germans and how you would
handle that situation.
References
Topic 6: Formulating Strategy
Question 1
Discuss the merits of the following entry strategies – exporting, turnkey projects and
wholly-owned subsidiaries.
Question 2
What opportunities and threats will likely emerge when a firm decides to move from
purely domestic operations to global operations?
Question 3
As the Korean population is increasingly able to afford high priced items like cars,
this market represents a desirable growth opportunity for Japanese, German, and
American car makers. However, the Korean automobile market is dominated by
Korean car manufacturers (Hyundai, Ssanyong, and Daewoo). Oftentimes, such
domination by a domestic manufacturer is blamed on trade barriers, but Korea’s
tariffs are among the lowest in the world. Why then do most Koreans drive
Korean-made cars? What entry strategy would be most appropriate for accessing this
culturally-closed market?
References
Topic 7: Global Alliances
Question 1
Why are there an increasing number of mergers with companies in different
industries? Give some examples.
Question 2
What are the common sources of incompatibility in cross-border alliances? What can
be done in order to minimize them?
Question 3
How might the variable of national culture affect strategic implementation? Use the
Mittal Steel example to highlight some of these factors.
References
Topic 8: Global Structures
Question 1
Explain the need for an MNC to “be global and act local.” How can a firm design its
organization to enable this?
Question 2
As an international manager, what would make you suggest restructuring of your
firm? What other means of direct and indirect monitoring systems could you
suggest?
Question 3
What is a transnational organization? Because many large MNCs are moving toward
this format, it is likely that you could at some point be working within this
structure—how do you feel about that?
References