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 theStudy Guidefor theMidterm:
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 fromhttp://www.youtube.com/watch?v=53vLQnuV9FY
Ghemawat P. (2007) Why the world isnt 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
***THE ESSAY SHOULD HAVE AT LEAST 6 PARGRAPHS THAT ANWESER THE QUESTION ABOVE USING THE SOURCES ABOVE AND CITE FROM THEM PLEASE*******