After reflecting on this situation involving cultural differences, as a leader, how might an international company enter into a joint venture in Saudi Arabia with a domestic company and demonstrate the commitment to working together well, respecting the Saudi Arabian culture and management style to resolve such a conflict? What types of decisions would you need to make? Would there be bias in the decision-making process? Can you give an example?
Danones Wrangle with Wahaha
This weeks discussion will focus on cultural decision-making using the case study about Danone in China (p. 255 in the textbook).
This case focuses on the cultural differences and management styles of the French company Danone Group in its joint venture with its Chinese company partner, Wahaha Group. In this situation, Wahaha established other companies outside the joint venture that Danone Group claimed infringed on Danones interests. These infringements were alleged to be in violation of a non-compete clause and unauthorized use of the Wahaha’ trademark owned by the joint venture. Danone sued Wahaha and the lawsuit eventually resulted in Danone Group accepting a cash settlement from Wahaha Group to the Wahaha trademark.
After reflecting on this situation involving cultural differences, as a leader, how might an international company enter into a joint venture in Saudi Arabia with a domestic company and demonstrate the commitment to working together well, respecting the Saudi Arabian culture and management style to resolve such a conflict?
What types of decisions would you need to make? Would there be bias in the decision-making process? Can you give an example?
Embed course material concepts, principles, and theories, which require supporting citations along with two scholarly peer-reviewed references supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Digital Library by conducting an advanced search specific to scholarly references.
Be sure to support your statements with logic and argument, citing all sources referenced. Post your initial response early and check back often to continue the discussion. Be sure to respond to your peers posts as well.
You are required to reply to at least two peer discussion question post answers to this weekly discussion question and/or your instructors response to your posting. These post replies need to be substantial and constructive in nature. They should add to the content of the post and evaluate/analyze that post’s answer. Normal course dialogue does not fulfill these two peer replies but is expected throughout the course. Answering all course questions is also required.
Required:
Chapters 4 & 5 in International Management: Culture, Strategy, and Behavior
Chapter 5 PowerPoint slides in International Management: Culture, Strategy, and Behavior
Brief Integrative Case 2.2: Danones Wrangle with Wahaha (p. 250) in International Management: Culture, Strategy, and Behavior
Hinson, J., Whitney, P., Wilson, C., & Nusbaum, A. (2019). Working memory loads differentially influence frame-induced bias and normative choice in risky decision making. PloS one, 14(3), e0214571.
Borrero, S., Acosta, A., and Medina, A. (2020). Culture, strategy, and firm performance: a meta-analysis. Academia Revista Latinoamericana de Administración, 33(1),147-176.
Caputo, A., Ayoko, O., Amoo, N., & Menke, C. (2019). The relationship between cultural values, cultural intelligence and negotiation styles. Journal of Business Research, 99, 23-36.
What is Beneficial State Banks theory of change? a. How do its product offerings and loan portfolio relate to its theory of change? b. What are the key risks?
1. What is Beneficial State Banks theory of change?
a. How do its product offerings and loan portfolio relate to its theory of change?
b. What are the key risks?
c. How does theory of change fit in a definition of ESG activity?
2. How does a bank increase shareholder value?
a. What prevents publicly owned commercial banks from enacting a business model like Beneficial State Bank?
b. If a bank operates as a not-for-profit who are the shareholders and what value do they receive?
Give three examples of strategies that will help in reducing test anxiety. Which strategy works for you and which one does not? Elaborate on the reason why do you think they work on you.
Critical Thinking LIRN Topic:
Give three examples of strategies that will help in reducing test anxiety.
Which strategy works for you and which one does not? Elaborate on the reason why do you think they work on you.
Social institutions are enduring and established patterns of relationships. Choose one of the social institutions from this lesson and discuss a few ways the institution might be dysfunctional. What if the institution fails its function as intended? What aspect of the institution might even be harmful to individuals, groups, or society?
Social institutions are enduring and established patterns of relationships. Choose one of the social institutions from this lesson and discuss a few ways the institution might be dysfunctional. What if the institution fails its function as intended? What aspect of the institution might even be harmful to individuals, groups, or society?They are the structure that holds society together. In lesson 7, we looked at three universal institutions. Universal institutions are institutions that appear in some form in all societies. These institutions are influenced by culture and society and take different forms in different societies. Regardless, they serve the same basic functions for most societies.
Structural Functionalist theorists focus on how institutions serve the smooth functioning of society. Sometimes, however, an institution can have dysfunctional elements or ways in which the institution does not serve society or even harms individuals or society.
Choose one of the social institutions from this lesson and discuss a few ways the institution might be dysfunctional. What if the institution fails its function as intended? What aspect of the institution might even be harmful to individuals, groups, or society?
Using Multisim, design a system using the photoconductive cell shown in the figure below to measure and display light intensity. Make the design such that 20 to 100mW/cm2 produces an output of 0.2 to 1.0V. What is the readout error when the intensity is 60mW/cm2? Show all calculations and Multisim results. For the turbidity system show in Figure 2 below, two matched photoconductive cells are used in R vs. IL as given in Figure 3 below. Design a signal-conditioning system that outputs the deviation of the flowing system turbidity in volts and triggers an alarm if the intensity is reduced by 10% from the nominal of 15mW/cm2.
Instrumentation Measurement & Lab
Optical Sensors Lab
Using Multisim, design a system using the photoconductive cell shown in the figure below to measure and display light intensity. Make the design such that 20 to 100mW/cm2 produces an output of 0.2 to 1.0V. What is the readout error when the intensity is 60mW/cm2? Show all calculations and Multisim results.
For the turbidity system show in Figure 2 below, two matched photoconductive cells are used in R vs. IL as given in Figure 3 below. Design a signal-conditioning system that outputs the deviation of the flowing system turbidity in volts and triggers an alarm if the intensity is reduced by 10% from the nominal of 15mW/cm2.
Figure 2
Figure 3
Explain how the past policies of the Veterans Administration (VA) and the Federal Housing Administration (FHA) contributed to changing suburbanization patterns and how these past policies are still affecting residential housing patterns in the US today.
Explain how the past policies of the Veterans Administration (VA) and the Federal Housing Administration (FHA) contributed to changing suburbanization patterns and how these past policies are still affecting residential housing patterns in the US today.
2. To what extent does the general pattern described by Palen hold true for Nashville.
3. Based on general patterns and what you learned happening in Nashville, explain what you think are the most significant social, political and economic implications and consequences of current trends.
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Explain the benefits that multinational companies get from using foreign exchange markets. Even though multinational companies are believed to be beneficial for countries, why are some governments concerned with the growing importance of multinational companies?
Q-1 Explain the benefits that multinational companies get from using foreign exchange markets. Even though multinational companies are believed to be beneficial for countries, why are some governments concerned with the growing importance of multinational companies?
Q-2 Explain the objective of multinational financial management? What are various aspects of world economy that have given rise to international financial management?
Use the Internet to research the Internet of Things (IoT). In your own words, what is IoT? How is it being used today? How will it be used in the near future? What impact will IoT have on technology, society, and the economy over the next five years? What are its advantages and disadvantages?
Use the Internet to research the Internet of Things (IoT). In your own words, what is IoT? How is it being used today? How will it be used in the near future? What impact will IoT have on technology, society, and the economy over the next five years? What are its advantages and disadvantages? Finally, visit the IoT List site (iotlist.co) and identify five of the most unusual IoT devices. Write a one-page paper on the information that you find.
A 52-year-old man complained of pain and cramping in his right calf caused by walking two blocks. The pain was relieved with cessation of activity. The pain had been increasing in frequency and intensity. Physical examination findings were essentially normal except for decreased hair on the right leg. The patients popliteal, dorsalis pedis, and posterior tibial pulses were markedly decreased compared with those of his left leg. What was the cause of this patient’s pain and cramping? 2. Why was there decreased hair on the patient’s right leg? 3. What would be the strategic physical assessments after surgery to determine the adequacy of the patient’s circulation?
A 52-year-old man complained of pain and cramping in his right calf caused by walking two blocks. The pain was relieved with cessation of activity. The pain had been increasing in frequency and intensity. Physical examination findings were essentially normal except for decreased hair on the right leg. The patients popliteal, dorsalis pedis, and posterior tibial pulses were markedly decreased compared with those of his left leg. What was the cause of this patient’s pain and cramping? 2. Why was there decreased hair on the patient’s right leg? 3. What would be the strategic physical assessments after surgery to determine the adequacy of the patient’s circulation?
Studies Results Routine laboratory work Within normal limits (WNL) Doppler ultrasound systolic pressures Femoral: 130 mm Hg; popliteal: 90 mm Hg; posterior tibial: 88 mm Hg; dorsalis pedis: 88 mm Hg (normal: same as brachial systolic blood pressure) Arterial plethysmography Decreased amplitude of distal femoral, popliteal, dorsalis pedis, and posterior tibial pulse waves Femoral arteriography of right leg Obstruction of the femoral artery at the midthigh level Arterial duplex scan Apparent arterial obstruction in the superficial femoral artery
Diagnostic Analysis With the clinical picture of classic intermittent claudication, the noninvasive Doppler and plethysmographic arterial vascular study merely documented the presence and location of the arterial occlusion in the proximal femoral artery. Most vascular surgeons prefer arteriography to document the location of the vascular occlusion. The patient underwent a bypass from the proximal femoral artery to the popliteal artery. After surgery he was asymptomatic.
Critical Thinking Questions 1. What was the cause of this patient’s pain and cramping? 2. Why was there decreased hair on the patient’s right leg? 3. What would be the strategic physical assessments after surgery to determine the adequacy of the patient’s circulation? 4. What would be the treatment of intermittent Claudication for non-occlusion?
IV. Examine the costs of production for Netflix. a) Analyze the various costs a firm faces, their trends over time, and how they have impacted your firms profitability. b) Apply the concepts of variable and fixed costs to your firm for informing its output decisions. For instance, analyze how different kinds of costs(labor, research and development, raw materials) affect the firms level of output.
IV. Examine the costs of production for Netflix.
a) Analyze the various costs a firm faces, their trends over time, and how they have impacted your firms profitability.
b) Apply the concepts of variable and fixed costs to your firm for informing its output decisions. For instance, analyze how different kinds of costs(labor, research and development, raw materials) affect the firms level of output.
Explore the overall market of Netflix.
a) Discuss the market share of the firm and its top competitors by providing details on current percentages for each firm and describing the trendover time. You might consider presenting the data graphically.
b) Analyze the barriers to entry in this market to illustrate the potential for new competition and its impact on your firms future in the market.
c) Describe the market structure for this firm and analyze how this affects the firms ability to influence the market.
Recommendation
a) Develop a recommendation for how the firm can manage its future production by synthesizing the data presented.
b) Suggest how the firms position within the market and among its competitors will allow it to take your recommended action.
c) Describe how the firm can sustain its success going forward by evaluating the findings from demand trends and price elasticity.
