Assignment
Write an essay that answer the prompt below in six paragraphs at east and use the sources in your writing and CITE them
Question: Recognizing that firms are always responding to a fluid marketplace, in general list the items below in terms of priority (in order of what should come first) as part of sound business practice for a Multi-National Corporation (MCN). Please provide rationale for your ordering, how the topics are related, and a brief definition for each item
- Establish "Supply Chain"
-"Double Helix (Vertical vs. Horizontal)" deliberation
-Devise "Integrated Strategy"
-"Due-diligence assessment" of your business and competitive landscape
- Establish "an ethical philosophy"
Please use the sources below:
"The following is the Study Guide for the Midterm:
I. Globalization
• Roderick, D. (2006) ‘Goodbye Washington consensus, hello Washington
Confusion?' Journal of Economic Literature, 44 (December): 969-983
• Friedman, T. (2009) The World is Flat, online video, accessed 17 Jan 2012 fromhttps://www.youtube.com/watch?v=53vLQnuV9FY
• Ghemawat, P. (2007) "Why the world isn't flat", Foreign Policy, March / April: 54-60.
II. Business Strategy
• Barron, D. (1995) ‘Integrated strategy: market and non-market components' California Management Review, 37 (Winter): 47-65
• Porter, Michael (2008) ‘The five competitive forces that shape strategy' Harvard Business Review, January: 79-93.
III. Corruption and Ethical Considerations for conducting Globalized Business
• Rose-Ackerman, S. (2002) ‘"Grand" Corruption and the Ethics of Global Business', Journal of Banking and Finance, 26;1889-1918
• Donaldson, T. (1996). ‘Values in Tension: Ethics Away from home', Harvard Business Review, September - October, 48-62
• Khanna, T., Pelepu, K. and Sinha, J. (2005) ‘Strategies that fit emerging markets' Harvard Business Review, 86(6): 63-76
• The Corporation. Dir. Jennifer Abbott and Mark Achbar. Perf. Noam Chomsky, Michael Moore, Milton Friedman. 2003. Youtube Video. (The first 39 minutes)
IV. Managing Global Supply Chains
• Fine, C. (1998) ‘The Secret of Life: Harnessing the Power of Double Helix', Chapter 4 in Clockspeed: Winning Industry Control in the Age of Temporary Advantage, Perseus Books, London
• Fine, C. (1998) ‘The Primary of Chains: Capability Chains Make a Business'. Chapter 5 in Clockspeed: Winning Industry Control in the Age of Temporary Advantage, Perseus Books, London
• -Palmisano, Smuel J. (2006) ‘The Globally Integrated Enterprise', Foreign Affairs, 85(3): 127-136
V. Lecture Notes
• All class lecture notes through the week of 14 March 2016
VI. Text Book
• The Globalization Paradox Chapters 2 and 3".