MGMT8054 Managing Cultural Diversity
What strategies should Australian Business adopt in current times .Please select one from these current trends: a)Covid 19 b)Black Lives matter c)Brexit d)USA China Trade war e)The rise of the Internet Revolution etc) This assessment requires students to provide a briefing report as a consultant on a key global issue in international business management. The length of this report. You are a Management Consultant tasked with an assignment to research and report on a prominent issue that will impact on the world and Australian Business in any industry operating overseas. You can select any existing Australian business small or large operating overseas in any country and select a current issue impacting their business or your own choice and research and write a report on that topic. Please note you can also select a hypothetical Australian business operating in a country of your choice.
You are a consultant tasked with a submission, developing a comprehensive analysis of the impact of any current global event in general and to "AUSTRALIAN BUSINESS" in particular to assist them with their future internationalisation strategy.
Whilst doing this your focus will be on the "CULTURE" and the “CONTEXT” you select and you will analyse the situation based on the cross cultural dimensions, concepts and cultural theories that you study in class. Your report should encompass all risks: Political, Cultural, Social, Legal, Economic and provide advice on the impact of the current happenings to Australian businesses operating globally. In particular you are required to critique, analyse and assess the following four issues with CULTURE as a basis:
i. Global impact of a current happening (For example: Covid 19, Black lives matter, Brexit, USA China trade War) on businesses in general in the World and in specific on Australian businesses operating overseas and what strategies they should adopt.
ii. Country (where the Australian business is operating) specific economic, political, legal, cultural, social, cultural characteristics and history and its impact on Australian business.
iii. Possible implications, strategies and contingency planning for Australian business. The assignment is research based and requires the student to gain knowledge about using varied research sources. The assignment will develop critical thinking and analytical skills and enable students to synthesize information and develop informed views. This assignment requires students to explore and apply an advanced body of knowledge in a range of current contexts in Diversity Management, Cross Cultural Management/Business or Cross-Cultural Leadership/International Business/ Management discipline.