APPENDIX B COUNTRY REPORT INSTRUCTIONS - Texas Tech …

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APPENDIX B COUNTRY REPORT INSTRUCTIONS Objective The purpose of the assignment is to work in a multicultural team to research a country and figure out how to do bus in ess in a foreign count ry. Your team wi ll be responsible for 1) a report (a co mpendium of information in bullet-point format 2) a 1S-minute training session on the management practices section of your report. The grading criteria for your report are thoroughness, accuracy, and ab il ity to app ly correctly the course frameworks and concepts. The grad i ng crite ri a for you r training session are: in forma ti ve, interactive, creative, and well organized Team members will determine how much of the team grade each member deserves, based on their contribution. REPORT FORMAT: Type the category names in th e same order as shown be low and lis t the information for each category and cite all the references at the end of each bu ll et point, as shown below. Include all the references in a bibliography at the end; use APA format for the bibliography. Since you will be graded on the thoroughness of yo ur work, find the correct information for each category. Submit with the report, a list of which students were responsible for wh ich categories Example: Key holidays o All Saints Day in October when fam il ies visit their ancestors' graves and leave them food (Wagner, 1998 39). SECTION I - MACRO DESCRIPTION OF THE COUNTRY Dem ographics popu lation .. birth and death rates age categories by percentage gender composition impact of demographics on bus in ess (e.g, scarcity of labor?) Natural Resources (What are key resources, their location and extent?)

Transcript of APPENDIX B COUNTRY REPORT INSTRUCTIONS - Texas Tech …

Page 1: APPENDIX B COUNTRY REPORT INSTRUCTIONS - Texas Tech …

APPENDIX B

COUNTRY REPORT INSTRUCTIONS

Objective The purpose of the assignment is to work in a multicultural team to research a country

and figure out how to do business in a fore ign country. Your team wi ll be respons ible for

1) a report (a compendium of information in bullet-point format

2) a 1S-minute training session on the management practices section of you r report.

The grading criteria for your report are thoroughness, accuracy, and ab il ity to app ly correctly the

course frameworks and concepts.

The grad ing crite ri a for you r train ing session are: in formative, interactive, creative , and well

organized

Team members will determine how much of the team grade each member deserves, based on

their contribut ion .

REPORT FORMAT: Type the category names in the same order as shown be low and lis t the

information for each category and cite all the references at the end of each bu llet point, as shown

below. Include all the references in a bibl iography at the end; use APA format for the

bibliography. Since you will be graded on the thoroughness of your work, find the correct

information for each category. Submit with the report , a list of which students were responsib le

for wh ich categories

Example:

Key holidays

o All Saints Day in October when fam il ies vis it their ancestors' graves and leave them food

(Wagner, 1998 39).

SECTION I - MACRO DESC RIPTION OF THE COUNTRY

Demographics

• popu lation

.. birth and death rates

• age categories by percentage

• gender composition

• impact of demographics on business (e.g, scarcity of labor?)

Natural Resources (What are key resources, their location and extent?)

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Economic Environment

• Economic indicators, GDP, inflation rate, unemployment rate , growth rate , etc.

• Currency regulations

• Exchange rate

• Financial system

.. Tax system

• Stock market

• Key prod ucts or business segments (econom ic basis)

• Major imports and exports

• Standard of living

• Housing cond itions

History

.. key historica l facts/events - These can be illustrated in a time line

• most important curren t events

Political System

.. type of government

• key polit ical issues and controversies at present

• state of civil li berties (Is there free speech , lega l protection of rights? What does Amnesty

Internationa l say about th is country?)

• risk factor - how stable is this cou ntry? What risk factors are present and how is it rated by

risk analysts?

Legal System

• historical basis

• effectiveness

• relation to business

Geography

Climate

En vironmental Issues

• environmenta l cond itions - how does the country rate in terms of climate change, pollution,

water resources, etc.?

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e key env ironmental cha llenges

• response to environmental problems

Key Advantages in the Eyes of Foreign Business

Why is this a good country in wh ich to invest or set up business?

SECTION 2 - SOCIOLOGICAL ASPECTS

Family Structure

• parenta l roles (who does whaP)

• child rearing practices (How are ch ildren treated, disciplined , etc? What values do parents

inculcate in child ren ?)

e living arrangements

Class Structure

o categories and characteristics that may affect business

• presence of class barriers?

• status of ethnic groups

• ethnic issues

• gender status and issues

Religion

e world view

• rites and rituals

• taboos

Education

• Is the emphasis on publ ic or private schooling? Does schooling vary by social class, etc.?

• Statistics on educationa l atta inment levels (what percentage of people reach elementary ,

high schoo l, college, graduate levels?)

• Literacy rate

• Resources ava ilable fo r government education system (well -funded, strugg ling , etc .)

• Characteristics of the higher education system (number of universities, re putation of

un ivers ities, etc .)

• Are employees well trained before they begin working for businesses?

Leisure Activities

• View of leisure

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• Sports and recreation

o Vacation practices and schedules

Arts

• Important art form s

• Famous artists

SECTION 3 - CULTURAL ASPECTS

Cultural Groups

• Ethnic composition (type and percentage of the popu lation)

• Regional subcultures

Cultu ra l Dimensions

• Prepare a table includ ing all the etic (comparative) cu ltural va lues frameworks stud ied in

class

• Kluckhohn & Strodtbeck

• Hofstede

• Trompenaar and Hampden-Turner's

• Laurent

• Important emic (unique to that cu lture) va lues

• Interna l logic of the culture - why are these values preferred by this culture? What about

their history, geography, etc. made these val ues sign ificant to them?

• Consequences of non-conforming behavior (what happens to deviants who don 't act in

accordance with these va lues?)

• Work eth ic

• Att itude toward change

Customs

• greetings

• gift giving re lated to bus iness

• key holidays and ceremonies

• tipping

Commun ication

• Languages spoken and in what setting

• business language

• acceptable and unacceptable topics of conversation

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• nonverbal commun ication used

• personal space distance

• In tercultural communication styles - prepare a table of the styles listed in the 10/6 handout

Conflict Style - How do they handle conflict? (e.g ., direct, indirect, third party mediat ion, etc)

Negotiation Style

Food & Eating etiquette

SECTION 4 - BUSINESS ENVIRONMENT

Technology

• Availab ili ty

• Level of sophistication

Distribution Issues

• Infrastructure cond itions

• Tariffs

Ethics

.. bri bery or the use of influence

• level of corruption (see the Transparency Index)

• eth ical cons iderations of doing bus iness in this country

Business Relationships

• With whom do they tend to do business and why?

Impression of Americans

• prevalent stereotype this country has of Americans and their business practices

SECTION 5 - MANAGEMENT ASPECTS

Management Practi ces

• Employee/employer re lat ions

• Importance of personal re lationsh ips at work

• Typical management style

• Typical leadership style

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• Decision making practices

• View of authority

• Pri mary means of motivating employees

• Common types of organ izational structure

• Role and view of women in business

Human Resource Practices

• Hiring practices and preferences

" Compensation structure

• Minimum wage

• Key employment laws

" Advancement practices (who gets promoted and why?)

• Benefits for employees

Business Practices

• Appropriate business dress

• Business cards

• Work schedule

• Measurement system (metric versus English)

• Bus iness meeting behavior (eg., seating arrangements , etc)

• After-meeting etiquette

• Do's and don 'ts