MGT 510 Assignment 2 How Big Global Businesses Compare

Select one (1) global industry, such as the automobile or cell phone industry. Next, use the Internet to research three (3) major international competitors within the chosen industry. Take note of manner in which the popular international business press (e.g., newspapers, magazines, e-zines, press releases, etc.) depicts the selected companies.
Write a four to five (4-5) page paper in which you:
  1. Compare      and contrast the three (3) models of culture. Next, select one (1) of the      researched international competitors, and ascertain the model of culture      that is most appropriate for the selected international competitor.      Provide a rationale for your response.
  2. Recommend      the type of economic system that best relates to each of the researched      international competitors. Predict three (3) potential effects of such an      economic system on the societies in which the system is involved. Provide      a rationale for your response.
  3. Speculate      on the major reasons why certain countries have lagged behind other      countries in economic development. Recommend three (3) generic actions      that the three (3) researched major competitors could take in order to      encourage economic progress within these countries. Provide a rationale      for your response.
  4. Imagine      that you have been given the opportunity to lead one (1) of the three (3)      researched international competitors. Select one (1) company in which you      are interested in leading, and provide a rationale for your choice.      Propose the necessary major steps—including education, social development,      community activities, bargaining skills, language skills, conflict      management skills, etc.—that you would need to take in order to propel you      from where you are today to a global leadership / management position at      your chosen company.
  5. Suggest      two (2) global changes in expansion, technology, marketing, products,      services, human resources, and customer service, etc., that you would make      as CEO of the selected international organization from Question 4. Provide      a rationale for your response.
  6. Use at      least three (3) quality academic resources in this assignment. Note:      Wikipedia and other similar websites do not qualify as academic resources.
Your assignment must follow these formatting requirements:
  • Be      typed, double spaced, using Times New Roman font (size 12), with one-inch      margins on all sides; citations and references must follow APA or      school-specific format. Check with your professor for any additional      instructions.
  • Include      a cover page containing the title of the assignment, the student’s name,      the professor’s name, the course title, and the date. The cover page and      the reference page are not included in the required assignment page      length.
The specific course learning outcomes associated with this assignment are:
  • Examine      the management concepts in a global business including culture, ethics,      and social responsibility.
  • Examine      the complexity of understanding new cultures and its impact to      multinational management.
  • Evaluate      strategic management and participation strategies in a global business.
  • Use      technology and information resources to research issues in global      management.
  • Write      clearly and concisely about global management using proper writing      mechanics.
Field of study: 

Answer

How Big Global Businesses Compare

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