Introduction to International Business project 1

User Generated

Nsananffvev

Business Finance

Saudi electronic university

Description

Unformatted Attachment Preview

‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 1 Introduction to International Business (MGT 321) Due Date: 05/10/2024 @ 23:59 Course Name: Introduction to International Business Course Code: MGT321 Student’s Name: Semester: First CRN: Student’s ID Number: Academic Year:2024-25-1st For Instructor’s Use only Instructor’s Name: Dina Sharqawi Students’ Grade: /Out of 10 Level of Marks: High/Middle/Low General Instructions – PLEASE READ THEM CAREFULLY • • • • • • • • The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page. Students must mention question number clearly in their answer. Late submission will NOT be accepted. Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism). Submissions without this cover page will NOT be accepted. Learning Outcomes: Knowledge: 1.3 Explain the forces driving and evaluating the impact of globalization. Skills: 2.2 Identify the major components of international business management. Values: 3.1 Carry out effective self-evaluation through discussing economic systems in the international business context. Case study Please read Case 5: “Woolworths’ Corporate Responsibility Strategy” available in your e-book (International business: Competing in the global marketplace (13th ed.), at page no.632, and answer the following questions: Assignment Question(s): 1. What challenges do you think a company like Woolworths Group is facing when developing and implementing a companywide corporate social responsibility strategy that considers more than 205,000 employees, diverse interests, and stakeholders? Discuss. (Minimum words: 400, Mark:2) 2. Woolworths Group is trying to reduce its carbon emissions or footprint by 10 percent. Based on where we are as a world, is 10 percent enough of a reduction? Perhaps global warming is not real, albeit the vast majority of scientists clearly suggest it is; what do you think? Give logic in support of your answer. (Minimum words: 600, Mark:6) 3. Woolworths’ targets are to achieve a top quartile ranking in how the business engages fairly and equitably with its suppliers. How do supplier relationships and the fairness in dealing with suppliers relate to sustainability and “doing good” for society (and the company)? Explain. (Minimum words: 400, Mark:2) Important Notes: • This is an individual assignment. • All references must be cited using APA format. This includes both in-text citations and the reference list at the end of the document. • Originality, Similarity and Plagiarism Check: Your work must be original. All papers will be submitted through SafeAssign software to check for similarity and plagiarism. Any instance of academic dishonesty will result in a grade of zero for the assignment. No exceptions and no second chances! Answers 1. Answer2. Answer3. Answer-
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Outline
1. Challenges in Woolworths' CSR Plan


Workforce diversity: Managing a large global workforce with varying cultural and societal
preferences makes it difficult to design a one-size-fits-all CSR plan.



Subsidiary integration: Woolworths’ many subsidiaries operate in different markets with unique
CSR concerns.



Stakeholder engagement: Different stakeholders (employees, suppliers, customers) have varied
expectations that Woolworths must address.



Supply chain management: Ensuring that suppliers uphold Woolworths’ CSR policies,
particularly in different countries, presents a challenge.

2. Woolworths’ Emissions Reduction Efforts


10% Emission Reduction: Woolworths has committed to reducing emissions by 10%, but this
may not be enough to address the global climate crisis.



Global Climate Crisis: IPCC guidelines recommend a 45% reduction by 2030 to prevent severe
environmental damage.



Business Impact: Woolworths’ environmental actions can influence consumer behavior and
regulatory trends. A higher reduction target could improve its market leadership in sustainability.

3. Supplier Relationships and Fairness


Sustainability and Fairness: Woolworths’ strategy focuses on building equitable, long-term
relationships with suppliers, fostering innovation and cooperation.



Shared Value: Fairness in supplier relations promotes sustainability and strengthens
Woolworths’ business, aligning social and economic benefits with company goals.



Trust and Innovation: Woolworths ensures that sustainable practices are adopted by suppliers
through trusted partnerships, benefiting both the company and its suppliers.


‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬

Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University

College of Administrative and Financial Sciences

Assignment 1
Introduction to International Business (MGT 321)
Due Date: 05/10/2024 @ 23:59
Course Name: Introduction to International
Business
Course Code: MGT321

Student’s Name:

Semester: First

CRN:

Student’s ID Number:

Academic Year:2024-25-1st

For Instructor’s Use only
Instructor’s Name: Dina Sharqawi
Students’ Grade: /Out of 10

Level of Marks: High/Middle/Low

General Instructions – PLEASE READ THEM CAREFULLY









The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced
for poor presentation. This includes filling in your information on the cover page.
Students must mention the question number clearly in their answer.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)...

Similar Content

Related Tags