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Evaluate strategic management and participation strategies in a global business.

It is widely known that Knowledge Management Systems are the key to success in multinational companies. Imagine that you are a Vice President of a company that is ramping up to go global.

Please choose one (1) of the following industries for the purposes of this assignment:

  • Jewelry
  • Fashion / Apparel
  • Chemicals
  • Consumer electronics, electronic components
  • Medical supplies or equipment
  • Bins, totes, crates, material handling
  • Food products
  • Drug products
  • Children’s products, clothing, toys, etc.

Note: You may create and / or assume all necessary assumptions needed for the completion of this assignment.

You have been tasked with designing a comprehensive best practices policy list geared towards managing existing knowledge and any new knowledge as it becomes viable. The best practices policy should include a compiled task list that will help your company to handle not only the regular issues of conducting business within a foreign country, but also the unexpected events (e.g., earthquakes, demonstrations, bomb threats, etc.), no matter the country or countries into which you will be expanding. The policy list should also take any unique challenges that your company may face into consideration.

Write a six to eight (6-8) page paper in which you:

  1. Design a comprehensive best practices policy list that includes policies on the following:
  1. Sanitation (e.g., hand washing, toilet facilities, etc.)
  2. Eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.)
  3. Conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.)
  4. In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.)
  5. Online team (e.g., 24-hour coverage on phone due to time differences, etc.)
  6. Security (e.g., leaving doors open, locks, key return policy for departing workers, etc.)
  7. Emergency evacuation procedures
  1. Determine the key benefits of creating such policies. Provide a rationale for your response.
  2. Speculate on the major ramifications if such policies are not created. Provide a rationale for your response.
  3. Predict the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Provide a rationale for your response.
  4. Determine whether or not your best practices policy would provide a competitive advantage over other international companies. Provide one (1) example of a company using a best practices policy to support your response.
  1. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other similar websites do not qualify as academic resources.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Evaluate strategic management and participation strategies in a global business.
  • Use technology and information resources to research issues in global management.
  • Write clearly and concisely about global management using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.

Points: 220 Assignment 3: Keys to Success in Multinational Companies
Criteria Unacceptable

Below 70% F

Fair

70-79% C

Proficient

80-89% B

Exemplary

90-100% A

1a. Design a comprehensive best practices policy list that includes policies on sanitation (e.g., hand washing, toilet facilities, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on sanitation (e.g., hand washing, toilet facilities, etc.). Partially designed a comprehensive best practices policy list that includes policies on sanitation (e.g., hand washing, toilet facilities, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on sanitation (e.g., hand washing, toilet facilities, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on sanitation (e.g., hand washing, toilet facilities, etc.).
1b. Design a comprehensive best practices policy list that includes policies on eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.). Partially designed a comprehensive best practices policy list that includes policies on eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on eating and / or drinking (e.g., at desks, on the company grounds, inside in the manufacturing area at designated tables / areas, etc.).
1c. Design a comprehensive best practices policy list that includes policies on conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.). Partially designed a comprehensive best practices policy list that includes policies on conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on conflict resolution (e.g., settling disputes, mediation and / or arbitration with designated mediator on staff, etc.).
1d. Design a comprehensive best practices policy list that includes policies on In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.). Partially designed a comprehensive best practices policy list that includes policies on In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on In-house teams (e.g., minimum meeting times, scribes, appointed leaders, etc.).
1e. Design a comprehensive best practices policy list that includes policies on the online team (e.g., 24-hour coverage on phone due to time differences, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on the online team (e.g., 24-hour coverage on phone due to time differences, etc.). Partially designed a comprehensive best practices policy list that includes policies on the online team (e.g., 24-hour coverage on phone due to time differences, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on the online team (e.g., 24-hour coverage on phone due to time differences, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on the online team (e.g., 24-hour coverage on phone due to time differences, etc.).
1f. Design a comprehensive best practices policy list that includes policies on security (e.g., leaving doors open, locks, key return policy for departing workers, etc.).

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on security (e.g., leaving doors open, locks, key return policy for departing workers, etc.). Partially designed a comprehensive best practices policy list that includes policies on security (e.g., leaving doors open, locks, key return policy for departing workers, etc.). Satisfactorily designed a comprehensive best practices policy list that includes policies on security (e.g., leaving doors open, locks, key return policy for departing workers, etc.). Thoroughly designed a comprehensive best practices policy list that includes policies on security (e.g., leaving doors open, locks, key return policy for departing workers, etc.).
1g. Design a comprehensive best practices policy list that includes policies on emergency evacuation procedures.

Weight: 3%

Did not submit or incompletely designed a comprehensive best practices policy list that includes policies on emergency evacuation procedures. Partially designed a comprehensive best practices policy list that includes policies on emergency evacuation procedures. Satisfactorily designed a comprehensive best practices policy list that includes policies on emergency evacuation procedures. Thoroughly designed a comprehensive best practices policy list that includes policies on emergency evacuation procedures.
2. Determine the key benefits of creating such policies. Provide a rationale for your response.

Weight: 12%

Did not submit or incompletely determined the key benefits of creating such policies. Did not submit or incompletely provided a rationale for your response. Partially determined the key benefits of creating such policies. Partially provided a rationale for your response. Satisfactorily determined the key benefits of creating such policies. Satisfactorily provided a rationale for your response. Thoroughly determined the key benefits of creating such policies. Thoroughly provided a rationale for your response.
3. Speculate on the major ramifications if such policies are not created. Provide a rationale for your response.

Weight: 15%

Did not submit or incompletely speculated on the major ramifications if such policies are not created. Did not submit or incompletely provided a rationale for your response. Partially speculated on the major ramifications if such policies are not created. Partially provided a rationale for your response. Satisfactorily speculated on the major ramifications if such policies are not created. Satisfactorily provided a rationale for your response. Thoroughly speculated on the major ramifications if such policies are not created. Thoroughly provided a rationale for your response.
4. Predict the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Provide a rationale for your response.

Weight: 15%

Did not submit or incompletely predicted the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Did not submit or incompletely provided a rationale for your response. Partially predicted the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Partially provided a rationale for your response. Satisfactorily predicted the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Satisfactorily provided a rationale for your response. Thoroughly predicted the significant ways in which the best practices policy that you created will contribute towards the long-term sustainability of the company. Thoroughly provided a rationale for your response.
5. Determine whether or not your best practices policy would provide a competitive advantage over other international companies. Provide one (1) example of a company using a best practices policy to support your response.

Weight: 12%

Did not submit or incompletely determined whether or not your best practices policy would provide a competitive advantage over other international companies. Did not submit or incompletely provided one (1) example of a company using a best practices policy to support your response. Partially determined whether or not your best practices policy would provide a competitive advantage over other international companies. Partially provided one (1) example of a company using a best practices policy to support your response. Satisfactorily determined whether or not your best practices policy would provide a competitive advantage over other international companies. Satisfactorily provided one (1) example of a company using a best practices policy to support your response. Thoroughly determined whether or not your best practices policy would provide a competitive advantage over other international companies. Thoroughly provided one (1) example of a company using a best practices policy to support your response.
6.3 references

Weight: 5%

No references provided. Does not meet the required number of references; some or all references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices.
7.Writing Mechanics, Grammar, and Formatting

Weight: 5%

Serious and persistent errors in grammar, spelling, punctuation, or formatting. Partially free of errors in grammar, spelling, punctuation, or formatting. Mostly free of errors in grammar, spelling, punctuation, or formatting. Error free or almost error free grammar, spelling, punctuation, or formatting.
8.Appropriate use of APA in-text citations and  reference section

Weight: 5%

Lack of in-text citations and / or lack of reference section. In-text citations and references are provided, but they are only partially formatted correctly in APA style. Most in-text citations and references are provided, and they are generally formatted correctly in APA style. In-text citations and references are error free or almost error free and consistently formatted correctly in APA style.
9.Information Literacy / Integration of Sources

Weight: 5%

Serious errors in the integration of sources, such as intentional or accidental plagiarism, or failure to use in-text citations. Sources are partially integrated using effective techniques of quoting, paraphrasing, and summarizing.

 

Sources are mostly integrated using effective techniques of quoting, paraphrasing, and summarizing. Sources are consistently integrated using effective techniques of quoting, paraphrasing, and summarizing.
10.Clarity and Coherence of Writing

Weight: 5%

Information is confusing to the reader and fails to include reasons and evidence that logically support ideas Information is partially clear with minimal reasons and evidence that logically support ideas Information is mostly clear and generally supported with reasons and evidence that logically support ideas

 

Information is provided in a clear, coherent, and consistent manner with reasons and evidence that logically support ideas

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