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MGF3681: International Management

Week 12:
Revision

www.monash.edu.au
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

www.monash.edu.au
2
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

www.monash.edu.au
3
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

www.monash.edu.au
4
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

www.monash.edu.au
5
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
www.monash.edu.au
6
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Week 12 International Managament

  • 1. MGF3681: International Management Week 12: Revision 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 www.monash.edu.au 2
  • 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 www.monash.edu.au 3
  • 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 www.monash.edu.au 4
  • 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 www.monash.edu.au 5
  • 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 www.monash.edu.au 6
  • 7. Exam Now the bit you have all been waiting for www.monash.edu.au 7
  • 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 www.monash.edu.au 8
  • 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 www.monash.edu.au 9
  • 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 www.monash.edu.au 10
  • 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 www.monash.edu.au 11
  • 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 www.monash.edu.au 12
  • 13. Week 6 – Organisational Structure • Global Product • Global Area • Export department • International Division • Matrix • Centralisation debate www.monash.edu.au 13
  • 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 www.monash.edu.au 14
  • 15. Week 8 – Leadership Across Cultures • Contingency theory • How under different cultural dimensions do you need to change your leadership style? www.monash.edu.au 15
  • 16. Week 9 – IHRM • Parent Country Nationals • Host Country Nationals • Third Country Nationals • Advantages and Disadvantages • Ethnocentric, Regiocentric, Polycentric and Geocentric – Strengths and Weaknesses www.monash.edu.au 16
  • 17. Week 10 – International Teams • Transnational, Representation, Subsidiary and GVT • Advantages and Disadvantages www.monash.edu.au 17
  • 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 www.monash.edu.au 18
  • 19. Exam • Main thing: Don’t get too cocky • Go in and smash it • and…… www.monash.edu.au 19
  • 20. 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 =) www.monash.edu.au 20
  • 21. 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 www.monash.edu.au 21