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Posted: February 21st, 2023
This is a 2 part assignment. Part 1
Activity #4: Submission
Write a 3-4 page paper in APA format (not including the cover page and reference page) as an essay (do not use question and answer format). Note that you must conduct research and your paper must have 3 scholarly references. This means that you must locate peer-reviewed articles.
Instructions: Search the internet or in the library (news sections) for a current business joint venture between 2 international companies from different countries. You may locate an article of interest here: http://www.prnewswire.co.uk/news-releases/financial-services-latest-news/joint-ventures-list/
For this assignment:
1. Describe the two companies that are forming the joint venture and the countries in which those companies are located.
2. Research and define some of the cultural differences between the countries and the companies.
3. Identify some of the challenges that the expatriate workers will face from both companies.
4. What challenges will be faced by the multi-cultural teams?
5. Using the lessons from the chapter, outline a training plan that the companies could use to enhance the outcomes of forming the joint venture.
6. Would you use executive coaches for the leaders and managers of the companies?
7. What advantages of cultural diversity may the leaders of the company employ in getting the joint venture off to the right start?
8. What are the different stages that companies may pass through as they develop internationally
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· Part 2
Summarize one of the articles you located for the above assignment. Be sure that you provide the APA reference for the article you located. Your post may take the form of an annotate bibliography. You must write at least 50 words.
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