Week 12 International Managament
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The document provides information and guidance about an upcoming exam for an International Management course. It discusses exam format and content, including that the exam is worth 40% and consists of two parts. Part A contains 6 multiple choice questions worth 10 marks each, and Part B is a case study analysis. The document reviews the key topics covered in each week of the course that could appear on the exam and provides advice on preparing for success. It encourages students to study cultural dimensions, theories, and frameworks taught over the semester.
Week 12 International Managament
- 1. www.monash.edu.au MGF3681: International Management Week 12: Revision
- 2. www.monash.edu.au 2 Exam • Worth 40% • Part A (Worth 40% of the exam) – 6 questions – You must answer 4 • Part B (Worth 60% of the exam) – Case study
- 3. www.monash.edu.au 3 Exam – Part A • They are worth 10 marks each • Work out where the 10 marks are located • Look at the lecture slides – the questions will come from there • E.g. What are Hofstede’s five (5) cultural dimensions? Provide examples to demonstrate. • 1 point for each of the dimensions and 1 point for an example
- 4. www.monash.edu.au 4 Exam – Part A • Set it out clearly. • Double space your work • I will be looking for key words – make them clear • Underline or put the ideas on a separate line • Power Distance is xyz. An example of this is abc. • Uncertainty Avoidance is xyz. An example of this is abc • The easier it is for me to read, the easier it is for me to find you marks
- 5. www.monash.edu.au 5 Exam – Part B • Case study – About two thirds of a page of information – Three questions you will need to base your analysis around • You need to have – Introduction – Analysis (where you answer the 3 questions not 1. 2. 3. it needs to be an analysis with these ideas in mind) – Recommendations
- 6. www.monash.edu.au 6 Exam – Part B • Introduction – Context, Importance, What you will discuss • Analysis – 3 paragraphs analysing the three questions – Make each paragraph clear that you are linking to the question at hand – They need to be linking back to theories you have learnt in class • Recommendations – Very clear – get to the point – Very practical
- 7. www.monash.edu.au 7 Exam Now the bit you have all been waiting for
- 8. www.monash.edu.au 8 Week 1 - Introduction • What is international management – If you get this question you are so so lucky! • Compare and contrast international and domestic organisations – This will help for a general knowledge of the questions • Parochialism and Ethnocentrism – It probably will help to have a grasp
- 9. www.monash.edu.au 9 Week 2 – Role of Culture • Hofstede – Power Distance – Uncertainty Avoidance – Masculinity and Femineity – Individualism and Collectivism – Long / Short Term Orientation • If you do not have this down – don’t bother coming to the exam • Well come to the exam anyway, just don’t expect to do very well
- 10. www.monash.edu.au 10 Week 3 – Cross Cultural Communication • It was what the essay was on • As if its going to be on the exam • But….you can always use it for the long answer so • Understand High Low Context • Verbal communication • Non-Verbal Communication
- 11. www.monash.edu.au 11 Week 4 – Managing Across Culture • Convergence and Divergence – Once again great knowledge to have to frame answers – Are cultures becoming similar? • Social Institutions – Understand what they are and how they work • Four predispositions
- 12. www.monash.edu.au 12 Week 5 – Conflict and Negotiation • 5 conflict management styles • 6 steps to the negotiation process – Four ways that culture affects this process • 7 characteristics needed to be a successful negotiator
- 13. www.monash.edu.au 13 Week 6 – Organisational Structure • Global Product • Global Area • Export department • International Division • Matrix • Centralisation debate
- 14. www.monash.edu.au 14 Week 7 – Motivation Across Cultures • Expectancy Theory • Reinforcement Theory • Equality Theory • Goal Setting Theory • You need to know how each of these is affected by culture and have country examples
- 15. www.monash.edu.au 15 Week 8 – Leadership Across Cultures • Contingency theory • How under different cultural dimensions do you need to change your leadership style?
- 16. www.monash.edu.au 16 Week 9 – IHRM • Parent Country Nationals • Host Country Nationals • Third Country Nationals • Advantages and Disadvantages • Ethnocentric, Regiocentric, Polycentric and Geocentric – Strengths and Weaknesses
- 17. www.monash.edu.au 17 Week 10 – International Teams • Transnational, Representation, Subsidiary and GVT • Advantages and Disadvantages
- 18. www.monash.edu.au 18 Week 11 – Ethics and Social Responsibility • 5 ethical issues identified in international management • Legal and economic components of CSR • Ethical relativism v ethical universalism • Stages of moral development
- 19. www.monash.edu.au 19 Exam • Main thing: Don’t get too cocky • Go in and smash it • and……
- 20. www.monash.edu.au 20 Next Semester • Come visit me in MGX3991 Leadership Practices and Principles • …..I hope…..
- 21. www.monash.edu.au 21 SETU • Student Evaluation of Teaching and Unit • Telling Monash what is good and bad • 1-7 scale (but check – 6 used to be I haven’t been to class and 7 was not assessable) • More importantly you can say how much you love me • Or not love me if that is the case…. • Helps me improve • Helps me get jobs =)
- 22. www.monash.edu.au 22 Honours • Gives you an extra degree • Get to look into a research topic of your choice – whatever you are interested in: – Sustainability in Car Manufacturing – Nurses and Work Stress – Malaysian Voting Preferences and Intention to Emigrate • Puts you above your peers • Increases communication skills – verbal and written • Goes on your HECS