APPENDIX B COUNTRY REPORT INSTRUCTIONS - Texas Tech …
Transcript of 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?)
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.?
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
• 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
• 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
• 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