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  • Topic: Risk, Richard Ivey School of Business, Talisman Energy
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  • Published : January 28, 2013
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Assignment 1 — Talisman Energy Inc.: The Decision to Enter Iraq Unit 1: Macro-level Influences on International Business
In Assignment 1, you are required to do a case analysis of Talisman Energy Inc., a Canadian company. If you haven’t already done so, review the Assignment Tips and Requirements and the Note on Case Analysis (links are on the instructions page for this assignment). The objective of the case study for Assignment 1 is to expose you to the numerous political, legal, social, and reputational risks faced by companies contemplating a move into a conflict zone. The decision by Talisman Energy Inc. to enter Iraq comes several years after the company experienced reputational damage in another conflict zone. Completing this assignment will enable you to see how the key concepts presented in Lessons 1 through 3—globalization, culture, and political and economic risk—are interconnected. You will be able to evaluate interrelationships among issues related to (i) globalization; (ii) political climate in a company's home country and the host country; (iii) the role of political risk in investment decisions and company operations; (iv) the role of national culture in company operations; and (v) the role of economic environment in creating global companies. The Case

To read the case, click the link below (will open in new window). Talisman Energy Inc.: The Decision to Enter Iraq
One-time permission to reproduce granted by Richard Ivey School of Business Foundation on Oct. 13, 2011. This permission will expire six months from Jan. 1, 2012. Case Analysis Questions
The following questions are just a starting point that will help you organize your thoughts and better analyze the case. DO NOT simply answer these questions—rather, you must write a thorough case analysis as outlined in the "Assignment Tips and Requirements ." 1. In retrospect, should Talisman have gone into Sudan?

2. What are the learnings from the Sudan experience?
3. How much money...
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