HC3031:Using the Internet, research the prices of several products in one or more foreign countries and compare them to their prices: Trends in the Global Business Environment Assignment, HOLMES Institute, Australia

Please Choose One question only from the following:

1. Using the Internet, research the prices of several products in one or more foreign countries and compare them to their prices in the home country where the goods are produced. What factors do you think determine the foreign prices? Do you think any of the prices are artificially high or low in one country or another?

2. Managers and leaders are continually required to make decisions – to make ‘right’ decisions. However, decision-making is affected by biases. Discuss some of the common biases in decision-making and how they might be overcome.

3. Some researchers predict major impacts of information technology still to come in the workplace. Discuss.

4. Assessing an individual’s performance and productivity are major challenges for managers. Automating various processes has been identified as a way of improving performance. What are the implications of automation in contemporary organisations particularly professional jobs?

5. Discuss and identify how ‘globalisation’ impacts business today. What are some competencies that are necessary for international managers?

6. Discuss why an understanding of national culture is crucial for multinational enterprises seeking to operate in a global business environment. Outline the dimensions commonly used in describing national culture.

7. Discuss the role of ‘Corporate Social Responsibility’ (CSR) in today’s world. Give practical examples for your arguments.