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27/08/2022
GB601
|
MBA Capstone
1
Assignment
and
Rubric
|
Unit
1
Ethical Considerations i
n Global Expansion
In Unit 1 you formed a team and started the process of growing your simulation company. Part
of this team formation is to create a mission and values/culture profile. Greg Ballard talks about
this important topic in his video Follow Your Values. View the v
ideo
“Follow Your Values with
Greg Ballard
(Glu Mobile)
http://ecorner.stanford.edu/authorMaterialInfo.html?mid=1643
. The
creation of a mission and values/culture profile is a co
re element of organizational success and
long range planning for all companies, regardless of size or age. Understanding this process will
help increase your ability to contribute to your company’s success in the future
.
In future quarters of game play one
task that your team will face is to analyze growth
opportunities for expansion. There are many factors to consider when reviewing your choices
for expansion.
One consideration is one of ethics; does your company culture support the
expansion choices you w
ill be making? Decision making tied to ethics and values may not be
easy but can be advantageous. McMurrian and Matulich (2006) cite Ferrell “These advantages
include higher levels of efficiency in operations, higher levels of commitment and loyalty from
employees, higher levels of perceived product quality, higher levels of customer loyalty and
retention, and better financial performance (Ferrell 2004)” (p.11).
As part of the management team, you will need to be in consensus on expansion plans and will
be
using the cultural profile your team has created in the marketplace simulation as one filter to
make your final decision. Many companies perform this kind of evaluation when looking to
expand internationally. For example, manufacturing facilities in othe
r parts of the world have
unsafe working conditions (Saini, 2013). This may or may not have a direct impact on your
company, given its culture, but you should know about these types of things if you want to be
viewed as acting in accordance with your compa
ny ethics. So your research should go beyond
just the typical numbers based data, i.e., GNP. You really want to know the country and how it
operates.
This Assignment where you research markets outside the United States and make a
recommendation for expansi
on practices the professional skills
of:
•
Global awareness
•
Awareness of ethical issues and responsibilities
•
Make ethical decisions and solve problems
•
Work effectively in teams
GB601
|
MBA Capstone
2
Assignment Details
In a 4
–
6 page APA formatted paper
excluding
text, diagrams, and other visual/oral aids as
appropriate, address the following:
●
Discuss the challenges of values/ethics based business decision making in the current
global marketplace. Include citations from at least
three
scholarly sources to support
your thoughts. You should also incorporate the work you have done in the Discussion
topic(s) for Unit 1 into your response for this section.
●
Research the markets that you can expand into from your home base in Chicago. These
are, Paris, Sao Paulo, and Sh
anghai from a social and political climate of each using
Hofstede’s Cultural Dimensions,
(
http://geert
–
hofstede.com/national
–
culture.html
) which
you learned about in GB580: Strategic Manage
ment, as a foundation. You may also
include additional information on culture that you find in your research.
●
Using the results of your research, compare this information to the company mission,
vision and values that the team will have already completed
to determine the
progression of expansion. For example, the country with the strongest connection to
your company culture will be the easiest to expand into, and the country with the
weakest connection may be the last.
●
Recommend to your team the progres
sion of expansion and include a detailed rationale
for your choices.
As you work in this Assignment you can share your information in the team space so the team
can use it in the decision making process. Remember that differences in opinion are a great to
ol
for discussion and increased effectiveness in decision making.
Submit your individual work to the Unit 1: Assignment Dropbox.
Reference
McMurrian, R. C., & Matulich, E. (2006). Building Customer Value and Profitability with Business
Ethics.
Journal
of Business & Economics Research, 4
(11), 11
–
18.
Saini, M. (2013). Apparel Factory Collapse Latest Bangladesh Tragedy.
WWD: Women’s Wear
Daily
,
205
(85), 1.
GB601
|
MBA Capstone
3
Rubric
Unit 1 Individual Assignment:
Ethical Considerations in Global Expansion
Criteria
Maximum
Points
Discuss the challenges of values/ethics based business decision making
in the current global marketplace. Include citations from at least
three
scholarly sources to support your thoughts.
20
Research the markets that you can expand into
from your home base in
Chicago. These are, Paris, Sao Paulo, and Shanghai from a social and
political climate of each using Hofstede’s Cultural Dimensions,
http://geert
–
hofstede.com/national
–
culture.html) as a foundation.
20
Using the results of your rese
arch, compare this information to the
company mission, vision and values that the team will have already
completed to determine the progression of expansion.
20
Quality of recommendations
20
General writing and APA compliance
20
Total
100
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