Global Business Environment Management

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Global Business Environment Management

Anchoring Management Practices in the Global Business Environment – Part Iii: (Individual Work)

The analysis of the global business environment provides the backdrop for Part III of this project. Based on your group work (Part II), you should have a clear sense of how the institutional environment of the chosen countries differs from New Zealand.

In this part of the assignment, you will continue to work on the countries (i.e. Brazil, Canada, Indonesia, and Italy) you evaluated in Part 1 (audio/video clip) and II (Group Report). You cannot change the countries since Part III is a continuation of the same project. It is expected that your work will align with the (country institutional profile) you submitted as group work in Part II.

Your main task is to suggest specific international management practices (or decisions) that the New Zealand firm should adapt while operating in the chosen countries. You should provide clear research-informed advice on what and how to adapt. You will suggest three such practices making sure that your discussion includes 1) the formal and informal institutional differences; and 2) a managerial practice/element drawn from an area other than human resource management.

You are required to write a 2500-word individual report emphasising how the institutional environment shapes management practice. The report should utilise no less than ten scholarly references, drawn from journal and magazine articles, as well as relevant textbooks.
While you are free to use subheadings, figures and tables, as you deem appropriate, a formal professional report should comprise the following major sections;

  • IBUS212 Cover sheet duly filled out and signed
  • Contents and Title Page (s): Not included in the word count
  • Executive Summary (around 400 words)

The summary must be written in a non-technical way. Provide your key findings and an overall assessment of the need to adapt International Management practices when operating in the chosen countries. Include the overall ‘take home’ message for managers interested in doing business in the chosen countries.

4. Introduction (around 300 words)

  • Briefly comment on how the institutional environments of the three countries differ. This comment should align with the overall assessment in the concluding section of Part II of the project. However, you cannot copy verbatim, material from the Conclusion in Part II of your assignment.
  • Detail the impact of the formal and informal institutional aspects, on the chosen International Management practices.
  • Specify the type of management task (i.e. planning, organising, leading or controlling) and the level (e.g. corporate, strategic business unit or operational) on which your discussion is based.

5. Discussion – International Management Practices (around 1600 words)

While most of the topics covered in this course are closely linked to Human Resource Management (HRM), you must include a management practice from a functional area other than HRM (e.g. marketing, supply chain, public relations, production, finance/accounting). Examples of HRM-related aspects encompass the role of relationships, communication practices, negotiation styles, decision-making practices, global talent management, motivation, and leadership practices. Outside HRM, you can focus on practices such as setting up a distribution network, developing corporate social responsibility programmes, or determining the right price for your product. Note that this list is not exhaustive and there are numerous other management practices worth considering.

Suggest how your New Zealand-based client should adapt the selected practices to ensure effective operations in the chosen countries. Note a comparison of New Zealand to the chosen countries, provides the platform for suggesting the need to adapt management practices. You should demonstrate how your analysis links up with the relevant literature. Therefore, appropriate references are mandatory.

6. Concluding Remarks (around 200 words): Provide concluding remarks including managerial implications of your analysis above. Use the conclusion to bring your report to a logical ending.

Here are additional guidelines for submission of the written assignment:

  • In addition to the hard copy, Turnitin submission of the assignment is required. The Turnitin submission (through Blackboard) is due by 12 noon on Wednesday the 5th of June.
  • Extensions must be applied for in advance – they will only be considered if a written application is made at least 24 hours prior to the due date, except where the student has a medical certificate, a note from the student counsellor, or other exceptional circumstances.
  • Where extensions have been granted, work should be handed in to the school reception, tutor or lecturer concerned. Also, submit your work via Turnitin.