www.monash.edu.au
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
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
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
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
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
7
Exam
Now the bit you
have all been
waiting for
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
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
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
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
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
www.monash.edu.au
13
Week 6 – Organisational Structure
• Global Product
• Global Area
• Export department
• International Division
• Matrix
• Centralisation debate
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
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?
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
www.monash.edu.au
17
Week 10 – International Teams
• Transnational, Representation, Subsidiary and GVT
• Advantages and Disadvantages
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
www.monash.edu.au
19
Exam
• Main thing: Don’t get too cocky
• Go in and smash it
• and……
www.monash.edu.au
20
Next Semester
• Come visit me in MGX3991 Leadership Practices and
Principles
• …..I hope…..
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 =)
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
www.monash.edu.au
23
Exam
GO WIN

Week 12 International Managament

  • 1.
  • 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 – PartA • 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 – PartA • 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 – PartB • 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 – PartB • 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 bityou 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 • Comevisit me in MGX3991 Leadership Practices and Principles • …..I hope…..
  • 21.
    www.monash.edu.au 21 SETU • Student Evaluationof 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 youan 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
  • 23.