International Business Essay - Internationalization Of Business

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Presentation transcript:

International Business Essay - Internationalization Of Business Objectives Ability To Comprehend The Nature Of International Process Of Business Perform An International Business Analysis Need To Understand International Business Theories Assist In Learning & Applying KEY IB Theories From The Course To ‘Real-Life’ MNCs

International Business Essay – Structure Of Your Essay Key Question What Is The Internationalization Process Of The Company …… In (Industry & Country)?

Select A MNC From The List Of 2015 Fortune’s Global 500 MNCs Step 1 Select A MNC From The List Of 2015 Fortune’s Global 500 MNCs (http://fortune.com/global500/)

You Are Encourage To Select A MNC From An EMERGING COUNTRY. Examples! Step 1 You Are Encourage To Select A MNC From An EMERGING COUNTRY. Examples! Brazil UAE Russia India Vietnam China Indonesia Malaysia South Africa South Korea AEC - ASEAN Economic Community Mercosur Countries - Argentina, Brazil, Paraguay, Uruguay & Venezuela

Step 2 Select ONE Country Where The MNC Has Invested In (In Any FDI Forms) Analyze The Internationalization Of The MNC

You Need To Follow These Instructions: Step 2 – Cont’d You Need To Follow These Instructions: 1. The ANALYSIS Of Your MNC: Present & Analyze Key Data Supporting The Status As A MNC Use Key Academic Sources To Illustrate & Explain The Concept Of A MNC

2. HOST Country Analysis: Step 2 2. HOST Country Analysis: Focus On ONE Factor (i.e. Political Economy & Socio Cultural Factors) From The HOST Country That Influences The Internationalization Process of The Firm Answer The Following Questions What Is The Key Factor From The Host Country That Promotes Internationalization Process Of Your MNC? WHY?

Step 2 2. HOST Country Analysis: (Cont’d) Answer The Following Question Use ONE Theory To Support Your Argument(s). Examples: Uppsala Internationalization Theory Dunning Eclectic Paradigm Porter’s Diamond Theory

Step 2 3. Foreign Entry Strategies: Answer These Questions Explain Entry Strategy/Strategies Performed By The Company Use Academic Resources (i.e. Journal Articles) To Explain The Concept Of The Company’s Entry Strategy & Its Benefits

3. Foreign Entry Strategies: (cont’d) Step 2 3. Foreign Entry Strategies: (cont’d) Answer These Questions – Cont’d Identify Some Constraints Of The Selected Entry Strategy. Important To Combined Points From Academic Sources (i.e. Academic Journal Articles) & Information From The MNC To Analyze Potential Constraints Of The Entry Strategy

Step 2 4. International Business Impacts & Contributions: What Are The Major Contributions Of Your MNC To The HOST Country From The UN Global Compact Principles, Which Area That Your MNC Will Need To Focus In Their Current & Future Business? WHY?

TIPs This Assignment Is To Assess Your Level Of Mastery Of the Subject Matters & Your Analytical Skills In Relation To Foreign Market Entry Strategies 1. Important You Can Integrate Key International Business Theories From The Course To Your Analysis Of An MNC 2. DO NOT PERFORM - PESTLE; SWOT; Porters 5 Forces 3. This Is An International Business Essay. AVOID Marketing & General Management Points/Analyses

Other Requirements A Minimum Of 6 (SIX) Academic Journal Articles Must Be Read & Cited The Assignment Must Be Well-Structured & Well-Presented Clarity Of Expressions Together With Appropriate Use Of Grammar, Spelling, & Punctuations Any Use Of Comments, Information, Data Or Quotations From Others (Books, Journals, Newspapers, Web, etc.) Must Be Cited Using Harvard Referencing Style.

Headings (For Essay/Report Format) - Definitions 1. Executive Summary – An Overview Of The Essay/Report & The Intended Objectives 2. Introduction – Introduce The Concepts/Theories Of Internationalization, Entry Modes, etc. 3. Conclusion – Summarize The Strategic Considerations Behind Internationalization & The Eventual Recommendations

A Minimum Of Six (6) Academic Journal Article Must Be Read & Cited Examples – Academic Journals

Examples - Peer Reviewed Academic Journal Articles Gabrielsson, M. Et Al “Born Globals: Propositions To Help Advance Theory”, International Business Review 17 (2008), Pp. 385-401 Chetty, S, “Explosive International Growth & Problems Of Success Among Small & Medium Sized Firms”, International Business Journal, Feb 2003, Pp. 5-28 O’rourke, K.L. & Williamson, J.G. (2002) “When Did Globalization Begin”, European Review Of Economic History 6, Pp. 23-50 Li, J,; K.C.K.; Karakowsky, L. & Qian, G. “Firm Resource & First Mover Advantages. A Case Of Foreign Direct Investment (FDI) In China”, International Business Review 12 (2003), Pp.625-645 Anand, J. & Kogut, B (1997) “Technological Capabilities Of Countries, Firm Rivalry, & Foreign Direct Investment”, Journal Of International Business Studies Pp. 445-465 London, T & Hart, S (2004) “Reinventing Strategies For Emerging Markets: Beyond The Transnational Model”, Journal Of International Business Studies 35, 5, Pp. 350-363

Examples - Peer Reviewed Academic Journal Articles 7. Ghemawat, P (2002) “Semi-Globalization & International Business Strategy”, Journal Of Business Studies 34 (2), Pp. 138-152 8. Wang, P.; Chow Hou, W & Hiong Koh, P. (1998) “Control Mechanisms, Key Personnel Appointment, Control & Performance Of Sino-Singaporean Joint Ventures,”, International Business Review 7, Pp. 351-375 9. Williams, C & S Van Triest (2009) “The Impact Of Corporate & National Cultures On Decentralization In Multinational Companies”, International Business Review 18, 2, Pp.156-167 10. Tihanyi, L., Griffith, D And Russell, C (2005) “The Effect Of Cultural Distance On Entry Mode Choice, International Diversification, & MNE Performance: A Meta-Analysis”. Journal Of International Business Studies 36 (3), Pp. 270-283 11. Arino, A. (2003) “Measures Of Strategic Alliance Performance”, Journal Of International Business Studies 34, Pp. 66-79 12. Teegen, H (2000) “Examining Strategic & Economic Development Implications Of Globalizing Through Franchising”, International Business Review 9, Pp. 497-521

Examples: Non-Academic Literature – Periodicals, Newsprint, Magazines

Any Use Of Comments, Information, Data Or Quotations From Any Sources (Books, Journals, Newspapers, Web, etc.) Must Be Cited Using Harvard Referencing Style.