 |
GBM811S - Global Business Management - 2nd OPP - JUN 2023 |
|
|
1 Page 1 |
▲back to top |
n Am I B I A u n IVE Rs I TY
OF SCIEnCE Ano TECHnOLOGY
FACULTYOF COMMERCEH, UMANSCIENCESAND EDUCATION
DEPARTMENTOFGOVERNANCEAND MANAGEMENTSCIENCE
QUALIFICATION: BACHELOR OF MANAGEMENT
QUALIFICATION CODE: 07BBMA
LEVEL: 8
COURSE CODE: GBM811S
COURSE NAME: GLOBAL BUSINESSMANAGEMENT
SESSION: JUNE 2023
DURATION: 3 HOURS
PAPER: 1
MARKS: 100
EXAMINER(S)
MODERATOR:
SECOND OPPORTUNITY EXAMINATION QUESTION PAPER
Prof. A.R Asa
Ms O.N Kangandjo
Mr M B Simasiku
THIS QUESTION PAPER P1tl I@ CONSISTS OF 3 PAGES (including this front page}
INSTRUCTIONS
1.
Answer all questions.
2.
Read all the questions carefully before answering.
3.
Marks for each question are indicated at the end of each question.
4.
Please ensure that your writing is legible, neat and presentable and start each Section on a
new page.
PERMISSIBLEMATERIALS
1. Examination question paper
2. Examination answer sheet
1
|
|
2 Page 2 |
▲back to top |
Question 1
!SECTION~
[83 Marks]
1.1 Discuss how technological change has contributed to globalisation.
(7)
1.2 Consider whether the shift toward a more integrated and interdependent global economy is
a good thing. Discussthe shift from the eyes of a consumer, a worker, and a company. (6)
1.3 Discussthe effects of private ownership of production/resources in a market economy. (8)
1.4 The legal system of a country is of immense importance to international business. What is a
country's legal system? Why is it important to international businesses?
(6)
1.5 Discussthe ways in which public action to violate property rights can occur.
(10)
1.6 The past two decades have witnessed a proliferation of regional trade blocs that promote
regional economic integration. Describe the different levels of regional economic integration,
detailing how each operates.
(20)
1.7 Managers need to pursue strategies to maximise the value of the firm. What is strategy? What
strategies can managers pursue to increase profitability?
(4)
1.8 Firms must choose among four main strategic positions when competing internationally.
Draw a matrix illustrating the conditions under which each of these strategies is most
appropriate.
(10)
1.9 Discussthe utilitarian approach to business ethics. What are its drawbacks?
(10)
2
|
|
3 Page 3 |
▲back to top |
lsECTIOsNl
Question 2
Read the case below and answer the questions thereafter.
Tips for Negotiating in China
[17 Marks]
Westerners visiting China are often deadline-driven and frustrated by the apparent slow pace at which
business seems to be discussed. This is often due to the fact that the Chinese side is seeking to
establish a relationship first and because decisions in many Chinese organisations, particularly state-
owned ones, are group consensus-driven. However, if they have the mandate or are at a high level of
seniority, Chinese negotiators are often able to make lightning fast decisions when it benefits them.
They are not bothered by negotiations dragging on for hours as they the Chinese are always willing to
scarify family and leisure priorities to win negotiations. They are also adept at using time to their
advantage, for example, pushing for agreement after a boozy banquet or just before the foreign party
is about to head back to the airport.
Having "face"- high status in the eyes of one's peers - is very important in China and is a mark of
dignity. Ensure that you don't insult people, criticise them in from of others, make fun of them (even
in a good-natured way), or treat them as less senior in their organisation than they are. On your side,
you can earn face with Chinese counterparts through, for instance, the way in which you conduct
yourself and present your company, or praising members of your own team while in their presence.
It is best to avoid showing anger, even if you are frustrated, but be aware that Chinese negotiators
sometimes use this tactic in an attempt to apply pressure.
Source: Absctac from Schmittzehe e al. (2005) as cited by Badenhorst-Weiss {2013)
2.1 Briefly outline the 5 key dimensions of national culture from Geert Hofstede's research. (5)
2.2 Discussthe culture of the Chinese based on any four Hofstede's dimensions manifesting in the
given case.
(12)
END OF QUESTION PAPER
3