Students are required to apply their knowledge of the unit content from weeks 1 – 5 and
demonstrate, through a written argument essay, critical thinking skills with evidence of
research and a considered analysis of the topic and its implications for a MNC.
In the essay, students must address the following key themes including:
1. Explanations and examples of each of the determinants of culture
2. Cross cultural literacy and the dimensions of culture
3. Values, Norms, Ethics, Social Mobility
4. The advantages and disadvantages of cultural diversity for the MNC and its level of
importance.
NOTE: This is strictly required to be your own original work. Plagiarism will be penalised.
Students are required to apply the theories and knowledge derived from the unit materials,
demonstrate critical analysis and provide a considered and comprehensive evaluation in a
conclusion at the end. Students must use correct in-text citation conventions.
In June 2007, French newspaper Le Figaro reported that between 1990 and 2006, family-owned corporations in France had outperformed the CAC40 benchmark French stock market index, with returns of 639% over the time period compared to returns of 292% for the CAC40 for the same time. Other studies in countries such as Germany, Italy and even the UK and US where prevalence of family-owned firms is much lower, have also made similar claims. What benefits and drawbacks can you identify in firms that are family-owned compared to those where ownership and management are separated (Burnham, 1941; Coase 1937; Chandler, 1977? What implications does this have for the share price maximisation view of the firm that is dominant in the US and UK?
March 2, 2015
4:44 pm
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