a. Critically comprehend and discuss the central concepts and principles of international business. b. Demonstrate an advanced understanding of the role different cultures play in developing successful international operations. c. Assess and explain the impact of the various geopolitical factors on the internationalization of business activities and strategies. d. Critically evaluate an international business operation from a structural, cultural and ethical as well as leadership and human resources perspective by applying appropriate theories, models. e. Demonstrate a critical awareness of the ethical aspects of global management. f. Assess the relevance, appropriateness and effectiveness of human resource management practices in an international context.
|COURSE: Master of Business Administration|
|Unit:||Master of Business Administration|
|Unit Code:||BUS511 – Global Management|
|Type of Assessment:||Assessment 3 – Individual Essay (1500 words, -/+10%)|
|Unit Learning Outcomes addressed:||a. Critically comprehend and discuss the central concepts and principles of international business.
b. Demonstrate an advanced understanding of the role different cultures play in developing successful international operations.
c. Assess and explain the impact of the various geopolitical factors on the internationalisation of business activities and strategies.
d. Critically evaluate an international business operation from a structural, cultural and ethical as well as leadership and human resources perspective by applying appropriate theories, models.
e. Demonstrate a critical awareness of the ethical aspects of global management.
f. Assess the relevance, appropriateness and effectiveness of human resource management practices in an international context.
|Criteria for Assessment:||· Determination of the key issues and/or problems (5/30);
· Critical evaluation and analysis of identified key issues, demonstrating an advanced and integrated understanding of these (10/30);
· Synthesis of the relevant literature and the research undertaken including an assessment of the application of established theories to the issues identified in the case study (5/30);
· Design of alternative solutions or options for consideration (5/30);
· Clear explanation defending the analysis and assessment of issues, alternative solutions and recommendation to broad audience (5/30).
|Assessment Task:||Students will be required to prepare written answers to set of questions related to an international managerial situation.
The scenario will examine the impact of the global business environment on the situation in point, and will require students to:
1. Demonstrate an integrated theoretical and practical understanding of core global business issues relevant to a particular organisation;
2. Discuss relevant strategies employed by global businesses to ensure their sustainability; and
3. Both critique and apply paradigms acquired thus far in the unit; and
identify specific challenges faced by global business managers.
4. Identify specific challenges faced by global business managers.
|Submission Date:||Week 12 – Sunday 11.59pm (online submission)|
|Total Mark & Weighting:||30%|
|Students are advised that any submissions past the due date without an approved extension or without approved extenuating circumstances incurs a 5% penalty per calendar day.|
Assume that you are the manager of an Australian firm which has branches all over the world. You are assigned a task to prepare a group of employees for a short-term global assignment to Malaysia. Your task is to prepare them for the assignment and to lead and manage them from your office in Sydney while they are in Malaysia.
As a global manager:
- What are the challenges of working and living globally and how are you going to prepare your team for the assignment?
- What strategies would you implement to ensure smooth settlement of your team in the new country?
- How do you keep them motivated and engaged while they are away from home?
- As they are on a short-term assignment and they will return to their home country by the end of the year, what important aspects of repatriation should you consider and how would you manage the returning expatriates?
Your must provide answers to each question using relevant theories and concepts from the textbook and other reliable sources. You are also expected to provide critical analysis, discussion and sound arguments using reliable and relevant sources such as peer-reviewed articles, periodical, newspapers, and online sources. You must use Harvard referencing style for in-text citations and reference list.
The essay is to be typed and 1.5 spaced (a standard 12-point font should be used). It should be checked for spelling, consistency and clarity of expression.
The 1500-word count excludes the cover page and the reference list.
Submission: A soft copy of the essay must be submitted via Turnitin by 7 June, 11.59pm Submission on an earlier date is acceptable. Late submission is subjected to late submission penalty.
Marking Guide (Rubric):
Your answers would be marked based on the following marking guideline. It’s very important to present both theoretical frameworks and practical solution to score good marks in the exam.
|Numeric grade||<50%||50% to 64%||65% to 74%||75% to 84%||>85%|
|Determination of the key issues and/or problems (5/30)||Failed to articulate basic knowledge of what has been asked.||Preliminary outline and description on what has been asked.||Demonstrate the answer with relevant theoretical perspective/s.||Integrate and arrange relevant example/s.||Construct and compare arguments, make judgement.|
|Critical evaluation and analysis of identified key issues (10/30)
|Demonstrated a lack of critical thinking. Principles were not applied, missing sources.||Demonstrated limited critical thinking and apply a few principles lacking sources.||Demonstrated some measure of critical thinking and apply some principles with sources.||Demonstrated a competent level of critical thinking and correctly apply some principles with sources.||Demonstrated clear critical thinking and correctly apply principles with sources.|
|Synthesis of the relevant literature and the research undertaken. This includes proper in-text citations and referencing (5/30)
|No use of relevant literature and the research||Limited use and application of relevant literature and reliable sources||Some use and application of relevant literature and reliable sources||Great use and application of literature and reliable sources.||Excellent use and application of relevant literature and reliable sources|
|Design of alternative solutions or options for consideration (5/30)||Few if any, not supported.||Limited exploration but not substantiated in all places.||Some mention but not thoroughly substantiated in all places.||Mostly well thought out and substantiated.||Thoughtful, well explored and well substantiated.|
|Clear explanation defending the analysis and assessment of issues, alternative solutions and recommendation to a broad audience. This includes spelling, consistency, coherence and clarity of expression.
|An unfocussed, incoherent essay, characterised by dis-organisation and/or missing required sections. Academic conventions are followed inconsistently, a notable number of errors present.||A somewhat focussed, slightly incoherent essay, characterised by some dis-organisation and/or missing required sections. Academic conventions are followed inconsistently, many errors present.||A somewhat coherent and organized essay and including most required sections. Academic conventions are adhered to throughout the essay, with some errors present.||A clear and coherent essay organised and including all required actions. Academic conventions are rigorously adhered to throughout the essay, with very few errors present.||An exceptionally clear, concise and coherent essay, critically organised and including all required sections. Academic conventions are rigorously adhered to throughout the essay, with no errors present.|
General notes for assignments
Assignments should usually incorporate a formal introduction, main points and conclusion, and will be fully referenced including a reference list.
Marks will be deducted for failure to adhere to the word count of 1,500 – generally you may go over or under by 10% than the stated length of 1,500 words.
General Notes for Referencing
References are assessed for their quality. You should draw on quality academic sources, such as books, chapters from edited books, journals etc. Your textbook can be used as a reference, but not the lecturer notes. We want to see evidence that you can conduct your own research. Also, in order to help markers, determine students’ understanding of the work they cite, all in-text references (not just direct quotes) must include the specific page number/s if shown in the original.
Work that includes sources that are not properly referenced according to the APA Referencing style will be penalized.