BUMGT 5920 Assessment Assessment Task 2: Group Assignment 1) Assessment Details Purpose: To further develop the knowledge from Assignment 1, and to analyse developmental aspects of the international...

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BUMGT 5920 Assessment Assessment Task 2: Group Assignment 1) Assessment Details Purpose: To further develop the knowledge from Assignment 1, and to analyse developmental aspects of the international management process with an understanding of the options relevant to the challenges. Specifically, this assignment is designed to assist you in developing skills in analysing strategic challenges and opportunities in the global context and competencies to anticipate the potential strategies of global and local competitors in specific industries; in implementing strategies for mastering interpersonal encounters, including conflict resolution, in multicultural environments; managing your own and the personal growth of others in the global context. Details of task: For this task, you are required to work in groups of 3 students – one Office Manager and two colleagues, and imagine you are a work team at an international consulting firm. Your team needs to consider the 3 tasks/activities outlined below. For activities 1, 2 and 3, your team must appoint an Office Manager to lead an office discussion about how your company should respond to the challenges/opportunities facing your firm. Each team member must act as Office Manager for one of the task activities. Everyone must contribute to the office discussion. Activity 4 is an alternative for activity 3 but needs approval from your lecturer to choose this topic. The office manager must ‘report’ to the Firm Director by the deadline set by the office manager. The office manager will change for each activity. The Firm Director will give the office manager feedback about each task/activity and the office manager will in turn give this feedback to their office colleagues. Activity 1. A small manufacturing firm approaches your office and believes there is a market for handheld tools that are carefully crafted for local markets. After spending two months in Europe, the president of this firm believes that his company can create a popular line of these tools. 1. What type of organization structure would be of most value to this firm in its initial efforts to go international? 2. If the company in Activity 1 finds a major market for its products in Europe and decide to expand into Asia, would you recommend any change in its organization structure? If yes, what would you suggest? If no, why? 3. If this same company finds after three years of international efforts that it is selling 50 percent of its output overseas, what type of organizational structure would you suggest for the future? Activity 2. Read the following articles: 1. ‘Three skills CEOs need most’ by H. Sazena, Ivey Business Journal, May/June, 2015 2. ‘Managing Oneself’ by P.F. Drucker, Harvard Business Review, January, 2005 3. ‘What only the CEO can do’ by A.G. Lafley, Harvard Business Review, May, 2009 Reflect and assess your past experiences, current skills level and motivation, discuss with your office manager ‘what do you think are the skills need to lead effectively in a global environment?’ ‘Why do you think you don’t have those skills yet?’ ‘How do your office colleagues from different culture view your identified skill shortage? Table and categorize the required skills sets/factors and provide a report outlining the constraint of international capacity of your office to your director for next year’s professional development. 2) Criteria used to grade the task 1) Style: Report 2) Due date: Ongoing (Week 6-Week 10) 3) Contribution to assessment: 35% 4) Word limit: 800 ± 10% for activities 1, 2, 3, 4 Content: • Clear understanding of the consulting situation, thorough evaluation of the options and appropriate action/implementation steps • Successfully apply relevant management theory, principle and framework from this course to the consulted activity. • Academic written skills and appropriate citation format • Professional and effective presentation 3) Task Assessor Lecturer 4) Suggested time to devote to this task Approximately 24 hours per student outside of class time 5) Submission details Due to the ongoing nature of the Assessment Task 2, the submission due date shall be decided by the lecturer with students. The last activity (Activity 3 or 4) will be due on week 10 (Partner to insert date) of the semester. Students are required An electronic copy is required to submit via Turnitin submission link on Moodle. 6) Feedback and return of work Feedback and grades will be communicated via email within two weeks of report submission. CRICOS Provider No. 00103D Page 4 of 9 Marking Guides/Rubrics: – Assessment Task 2- International Management Portfolio Student Name: Activity (1, 2, 3, 4 ) CRITERIA Comments Clear understanding of the consulting situation, thorough evaluation of the options and appropriate action/implementation steps. (4 marks) Successfully apply relevant management theory, principle and framework from this course to the consulted activity. (3 marks) Effective integration of other learning to support or defend the provided solutions.(2 mark) Academic written skills and appropriate citation format. (2marks) Professional and effective presentation (1 mark) CRICOS Provider No. 00103D Page 5 of 9 BUMGT 5920 Assessment Peer Assessment Information and Form Instructions for completing: 1. Please rate your fellow group members' contributions (but not your own) according to the factors defined below. 2. Record your group members’ ratings on the tables on the next page, using the scales provided. Do not create intermediate scales (e.g. 18, 7.5). 3. Retain confidentiality by returning the completed form (only the next page) to your lecturer. Definition of rating factors: 1. Understanding of the task and topic. Consider the group member's knowledge and ideas relative to the project. Was the group member's understanding of the task and topic an asset for the group? 2. Industry and initiative. Was the group member energetic, attentive and persistent in fulfilling task requirements? Did s/he need constant prodding or did s/he go ahead with a task and follow it through to completion? 3. Dependability and integrity. Could you rely on the group member to fulfill agreed on requirements? Did s/he carry a fair and equitable share of responsibilities and workload without being pressured to? 4. Participation as a group member. Was the group member an active, willing and co-operative participant? Was s/he considerate of group needs, helping the group to be productive? Did s/he overly dominate group meetings, or did the member remain inactive and contribute little? 5. Attendance. Did the group member attend regularly? Was s/he consistently absent for trivial reasons, or only absent when absolutely necessary? What was the group member's attitude to time lost from meetings? NOTE: Your ratings may result in group members obtaining different grades for the project. Please complete this form diligently and fairly. CRICOS Provider No. 00103D Page 6 of 9 This course description complies with the course outline authorised by Curriculum Committee. 6/14 (28/05/14)
Answered Same DaySep 03, 2021

Answer To: BUMGT 5920 Assessment Assessment Task 2: Group Assignment 1) Assessment Details Purpose: To further...

Abhinaba answered on Sep 04 2021
144 Votes
Running Head: INTERNATIONAL BUSINESS        1
INTERNATIONAL BUSINESS        2
INTERNATIONAL BUSINESS
Executive Summary
This report deals with the different activities that a general manager of an organisation should have while the organisation is thinking about expanding their business overseas. The expansion of business needs a lot of modification and the organisational
formation should be different as well. The organisational structure is the key that gives a lot of strength to the organisation throughout the expansion. There can be a lot of teams incorporated which can give support and help towards the organisation in assessing the market pattern of the other countries. The organisations should be more focused on the up gradation of the organisational structure for the betterment of the organisation shortly.
Table of Contents
Activity 1    4
Answer to Question 1    4
Answer to Question 2    5
Answer to Question 3    6
Activity 2    7
Answer to Question 1    7
Answer to Question 2    7
Answer to Question 3    8
References    9
Activity 1
Answer to Question 1
    In the twenty-first century, globalisation has an effect on almost every organisational firm. Every business is expanding and they are exploring the international market. As a result, the market competition is fierce. To survive this competition, every organisation has to implement some clever and unique strategies that will make a difference in the International market platform. When a local firm is choosing to expand in the international market, the organisation has to go through several big changes and they have to make themselves deserving in the international platform. As argued by Bromley and Meyer (2015), as an office manager, it is the duty and responsibility of the person to implement definite strategies that can help the organisation to expand. However, initially, the office manager has to concentrate on the organisational structure. As the organisation is expanding the size of the organisation is also getting bigger and it needs the enhanced organisational structure.
In order to bring a change in service quality, the organisational structure should be very much developed. There should be a particular hierarchy that gives power and authority to chosen ones. If the power of decision making is given to a specific group of managers, they make strategic decisions and implement them on the other employees. Thus there will be less confusion amongst the employees of the firm. According to Abbott, Green and Keohane (2016), horizontal classification of the powers and activities is a major change that an organisation should bring in its formation. In this scenario, the organisational tasks are defined and then they are divided into groups, departments and employees of the organisation. Thus, the tasks are divided equally and it will create less pressure over the employees working for the organisation. There should be authorised people to keep a check on the activities done by the employees. In this way, their mistakes can be corrected instantly and more quality works can be produced.
Answer to Question 2
    The small firm which is opting for expansion in the international market is targeting the Asian market. Before expanding, the organisation should understand the features of the Asian market and according to that, they should implement their strategies. According to Rittberger, Zangl, Kruck and Dijkstra (2019), Japan and China are the two important countries which have a huge share in the Asian market. European markets are very much flexible and their trade and taxes are co-operative as well. However, the Chinese and Indian markets are still not flexible...
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