Implications of Global Business

My textbook name: 7th edition International Business, the challenges of Globalization. By John Wild and Kenneth Wild. ISBN 13: 978-0-13-306300-4.
My Topic: Implications of Global Business

Below is the requirements I’ve been even by the school.

You will prepare and submit a research paper on a topic of your choice and approved by your instructor. This project is an opportunity for you to personalize the concepts you are learning in this course. The topics must be in the field of global business or some application (e.g., an application of course concepts to your work situation; a research paper, using a survey or questionnaire to investigate a concept of interest and value; a detailed review of the literature about a concept from the course). You may consider other options; however, be sure to discuss your ideas with your instructor.

Follow the format below for your term project report:

• Title: The title is a concise statement of the subject of the paper.

• Abstract: The abstract is an “executive overview” of your paper. It should be a 50–100-word summary that would be appropriate to give your instructor so that he or she would know the essence of your project without reading the paper in its entirety.

• Table of Contents: In this section, list each section of your paper, with the page number. The list should include the following:
• Tables and Figures if you included more than two; Appendices, if included; Bibliography or reference section listing sources used.

• Introduction: In this section, state the purpose of the paper in succinct, declarative sentences. Convince your reader that the study will have a practical value and meaning for you, and the study will be based upon the concepts studied in the course.

• Background and Significance: This section provides further justification of the need for your study. If your project examines a topic drawn from your work, include a description of your work environment, your position in the organization and how your position fits into the organization, both vertically and horizontally.
• Explain the applicable concepts from the course. If your project is focused on a particular organization, explain how these concepts apply to that organization. What is the organization doing well? Would it benefit by adopting some of the concepts you have been studying?
• Discussion, Implications and Recommendations: In this section, provide a thorough discussion of your findings and the implications of your study. Be sure to include only the pertinent implications. Also present your recommended action plan. This plan will vary based on the type of project you selected. For example, it may be a personal action plan for you to follow in your present position or a future position, where you would be able you to put the plan into action. If your project is a literature review, then your recommendations may be focused on what issues need further research. Be sure that the recommendations are realistic in terms of the appropriate concepts and, if applicable, the organization you have studied.

• References: You cannot use your texts as your primary source of information. You must draw on other sources such as websites, business journals, information from an organization, and interviews with individuals. Be sure that you support the information presented with appropriate references. It is important to cite all references and quotes correctly. All sources, including web sites must be referenced in the Bibliography or References list. Follow the APA style.

• Appendices: Include a separate sheet and title for each appendix.
More Key Points:

Keep in mind that all accepted rules of English composition apply. Papers must be typed or word-processed, be double spaced, and have standard margins (one inch on each side). The length of the paper is not the primary measure of the quality of the paper. A paper of 40–50 pages is probably too long for the purposes of this course.

On the other hand, the purpose of this assignment cannot be properly satisfied in a paper of only five pages! As a guideline, you will probably need about 15 pages to present your research adequately.

Be sure that you cite all references and quotes correctly; all sources used must be referenced in the Bibliography or References section. If you have questions about the format or content of references, discuss it with your instructor.

Submit the research paper to the assignment dropbox. See the Course Calendar for the due date.

Research papers will be subject to anti-plagiarism software.

Compose your work using a word processor (or other software as appropriate) and save it frequently to your computer. When you’re ready to submit your work, click Browse My Computer and find your file. Once you’ve located your file click Open and, if successful, the file name will appear under the Attached files heading. Scroll to the bottom of the page, click Submit and you’re done. Be sure to check your work and correct any spelling or grammatical errors before you post it.

Below is a copy of the Annotated Bibliography I submitted at the beginning of my course. This is what I intended to write on, feel free to change up a little.

Title: International Business
Topic: Implications of Global Business
Specific Purpose: To analyze the consequences of Global Business.
Thesis statement. I will highlight the legal and moral responsibility of the international market as well as the country and international businesses responsibility. This paper will examine the different sides of globalization and the implications of doing business in the global markets. This will be done by using a three prong approach. The First prong will examine the implication culture and government systems can have on Globalization, Second prong will examine how businesses apply different strategies in different countries and the Third prong will examine the legal and moral expectations Global companies are expected to uphold.
Student: Anthony L. Hinds

INTRODUCTION

Attention material: In today’s globalized world, countries are flocking towards globalization without considering the implications the structure of their government and the composition of their society can have on international businesses. Government and culture can be huge distractions to international investors. Like Governments, international businesses are also required to do their due diligent. Furthermore, international businesses are required to adhere to international law and ethical behaviors. The three prong approach can bring success to developed, emergent countries (Wild & Wild, 2014) alike.
Credibility material: Globalization allows international companies to produce and sell many of the same models worldwide, with little or no modification. This approach reduces production and marketing cost while supporting the company global brand strategy.
Preview: India provide global businesses the opportunity to produce their electronic products at a much lower price and provide international firms with global technical support. While China is providing global investors with the opportunity of manufactory products at a much lower price. Even though, both countries are dominating the emergent markets in Asia, they both differ.

Transition: We will now India Religion, education, social structure and most importantly their government system. To include labor laws.

BODY

I. I will highlight the legal and moral responsibility of the international market as well as the country and international businesses responsibility.

Transition: India past, present and future

II. India is the world leader in the art of technical support and technology manufactory.

A. The principle religion in India is Hinduism, practiced by the majority of the population. Hindu religion teaches renunciation of worldly concerns and professions and is against greed, materialism. Consequently, the majority of Indians traditionally view economic development negatively (Theodore, 2011).
B. Economic development is also equated to longer working hours. Longer working hours are considered reprehensible, for people believe that work would detract from time that could be spent on cultural and spiritual activities (Theodore, 2011).
C. How can India Religion and culture views affect their globalization efforts and what is India doing to accommodate the International market needs. Could it be that India is allowing Culture Diffusion (Wild & Wild, 2014, p. 47) to bridge the differences.

Transition: Can a Totalitarian country succeed in the Global Market Totalitarianism is a
system in which individuals govern without the support of the people, and a
system in which tight control of people’s lives, and opposing viewpoints are not
accepted under this system

III. Utilitarianism, holds that the maximization of happiness ultimately determines what is just and unjust (Shaw, 2014) and that is exactly what Totalitarian believes or at least lead their people to believe.
A. Totalitarianism is a system in which individual govern without the support of the people, and a system in which tight control of people’s lives, and opposing viewpoints are not accepted under this system.
B. At the other end of Global spectrum is the Broader View: Corporate social responsibility, Corporations have the responsibilities that go beyond making money because of their great social and economic impact. Requiring them to operate in ways that benefit global society.
C. Some totalitarian countries have Embargos placed on them and these embargo prohibit international trades. Such restrictions has discourage foreign investors from investing in Cuba
D. The amount of power can lead to Macro Risk (Wild & Wild, 2014, p. 80), and this Risk could have the potential to lead to Confiscation, Expropriation or Nationalization (Wild & Wild, 2014, p. 81).
E. Can Totalitarianism system provide the means to influence Globalization in their countries. One form of Totalitarianism system has managed to do so, and that is Theocratic.
CONCLUSION
Summary statement: Culture, our collective history, beliefs, customs, habits, and values – is the inescapable lens through which we view the world around us, including the brands we encounter. Any effective marketing campaign by global businesses, therefore, must always take into account local expressions of culture (Wild & Wild, 2014).
Concluding remarks: Each of us experiences the results of international business transactions as we go about our daily routines and these transactions affect our monetary systems and way of life. Governments and Businesses play a huge role in our daily lives and more importantly in our future and based on what we have seen in the past some governments and businesses are driving by greed. To prevent corruption, promote free trade and minimize barriers in international trade the World Trade Organization was established (Wild & Wild, 2014).

REFERENCES

Orastean, R. (2013). International monetary System- between crisis and reform. Theoretical & Applied Economy , 12.
Peter, M. a. (2012). Marketing Strategies for Foreign Expansion of Companies Originating in small and Open Ecomomies: The Consequences of Strategic Fit and Performance. New York: Journal of International Marketing. doi:10.1509/jim.11.0068
Shaw, W. H. (2014). Business ethics (8th ed.). Boston: Wadsworth Cengage learning.
Theodore, J. D. (2011). Culture and the Development of Management. Richmond: Lyseis Public Policy Publishing.
Wild & Wild, J. J. (2014). International Business the Challenges of Globalization (Seventh ed.). Upper Saddle River, New Jersey: Pearson.
Wintrobe, M. F. (2009). The Political Economy of Theocracy. New York: Palgrave MacMillan. Retrieved from http://books.google.com/books?id=paNhAQAAQBAJ&printsec=frontcover&dq=The+Political+Economy+of+Theocracy;+Ronald+Wintrobe,+Mario+Ferrero&hl=en&sa=X&ei=gjmjU52AL-TL8QHZ14CQAw&ved=0CBwQ6AEwAA#v=onepage&q=The%20Political%20Economy%20of%20Theocracy%3B%20Ronald

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