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  • Topic: Culture, Economic integration, Law
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Managing Across Cultures Semester 1 2013





Sally Anne Gaunt sallyanne@chameleontraining.com.au Tel 0405 814 906



Everyone should form the most diverse team possible, if not please see your tutor Each team will be given a group number on 2 dimension to present for the peer reviewed presentation





East team must choose to counties one host country and home county you can choose any countries expect:  Your own country  Those countries covered in the case studies i.e. China, India,

Sweden, Japan, Italy, Switzerland, US, Mexico, Venezuela, Mongolia, Hong Kong, The Netherlands, Japan  Any country already chosen by any other team in your tutorial

group



Each team must have chosen a case study (Does not have to be completed until week 3 but is based on first come first serve) Case study to have read in the textbook case-study: Young, MN & Liu, D 2009, 'Hong Kong Disneyland', pp. 148 -60





If you need a consolation with any member of MGMT2102 staff please book an appointment Where possible request your consolation on the same day as your tutorial





In your first tutorial, wk 1, you will form a diverse team with other class members. Please aim to have at least 2 different nationalities in each team (if you do not have a diverse team it will be very difficult to complete your reflection exercise in your final exam). There must be at least six teams in each tutorial consisting of no more than 5 people per team







wk 1: Course introduction



wk 2: Managing in the global environment
wk 3: Understanding the role of culture wk 4: Communicating across cultures





Mid Semester break


wk 5: Cross-cultural negotiations bribery and plagiarism wk 6: Exam



Codes at the bottom left of the page Examples 80 Page number further information can be found in the textbook Relevant reading to the subject under discussion Information covered in lecture only

Rifkin, G. 2006 L/O



Cultural variables Managing international risk Trading blocks





The Law of Requisite Variety:

The species with the most flexibility of behaviour will control the system

L/O



How is the world of business changing? What a the cultural management implications?



What are the three key things you need to create wealth and economic growth?

How have these factors changed in the last 50 years ?

Hotelier

Country A

Hotelier

What political and legal factors would a hotelier from Country A

consider if they were going to open a hotel in one of the Pacific Islands:

What economic and technological factors would a Managing Director

of a large hotel chain in Sydney need to consider if they were going to open a hotel in one of the Pacific Islands:

57, 59, 66-67 289 -297

 Reliability of the postal service
 Competition  Customer base (is there a need for the product or service) 57, 59, 66-67 289 -297

10



By 2029 80% of the world’s output will derive from global markets

Alon, I & Higgins, JM 2005 p. 1

Global Rank
24 25 26 28 41 56

Company
Wal-Mart Stores Exxon Mobil Royal Dutch Shell Saudi Arabia Thailand Malaysia

2007 Revenues ($ millions)
361,139.0 347,250.0 318,845.0 286,200.0 196,600.0 131,800.0 10

Political Environment

Economic Environment

Legal Environment

Technological Environment

Managing political, legal and economic risk
Direct Indirect

Defensive/ reactive

1. Legal action 2. Host operations dependent on home control 3. Makeup of management 4. Diversification

1. Risk insurance 2. Contingency planning 3. Home-country government pressure on Host-country government

Proactive/ merging

1. Joint ventures 2. Licensing agreements 2. Other host partners 3. Promote host goals

1. Lobbying home and host governments 2. Corporate citizenship in host country

78

The legal environment of international business
International Law

Regional...
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