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Module 3: Global Environments and Management Trends
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Assessment
“Analyse in depth the Environment of a Global Industry. Present your Strategic recommendations for a Firm in that Industry”
Apply PESTEL and Porter’s Five Forces Analysis on an Industry of your choice. Please be as thorough and reflective as possible, given the word count limit.
Optionally, you can also apply Demand-Supply analysis to gain insights into the strategic direction of both prices and quantities in that Global Market.
Your report should be presented in a management report format covering the following key elements:
- Executive summary (make it brief, around 150 words – not counted in the word limit),
- Introduction (setting out the scope of your work),
- Main body, and,
- Conclusion.
“Your employer asks you to explore the potential of expanding operations in China, a fast-growing economy with a different social and cultural environment than the one you operate now.
Please examine critically the ways through which your company can gain access to China. Also, please inform your employer about the socio-cultural environment in China and how the management style should be adjusted to accommodate this difference. Please give specific recommendations and advice to your employer.”
You could choose an industry and tailor the answer to that industry.
In your report you could explore the different benefits and drawbacks of entry strategies such as Acquisitions, Joint Ventures and Foreign Subsidiaries. Which of these is most likely to work in the case of China, and why? Optional here is a short PESTEL analysis.
Examine the cultural context of China. What steps your company needs to take to succeed with partners, customers and employees in that cultural and social space? Which opportunities and which dangers do you foresee, and how should your company protect itself from these?
Your report should be presented in a management report format covering the following key elements:
- Executive summary (make it brief, around 150 words – not counted in the word limit),
- Introduction (setting out the scope of your work),
- Main body, and,
- Conclusion.
- APA style references
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