Discuss how the Internet and culture interact. Which most affects the other and how?

You are required to compile and submit the solutions as a single portfolio document. Students will be required to conduct some additional research to substantiate their responses. As a guide, two academic references should be utilized to substantiate each weekly question; unless the question simply seeks your personal opinion in which case you would not require academic references. Each week’s solution will have a MAXIMUM word count of 450 words. Please ensure you print the word count at the end of each week’s solution. Use footnote to explain or define something due to the limited word count MARKING GUIDE CRITERIA Wk1 Wk2 Wk3 Wk4 Wk5 Wk6 Complete in all respects; reflects all requirements Understanding of the topic(s) and issue(s) Analysis of all issues identified Supplements solutions with relevant research Appropriate in-text citation and referencing as per Chicago 16 styleguide Demonstrates clarity in writing mechanics TOTAL SCORE PER WEEK (max 4) Week 1: 1. Discuss how the Internet and culture interact. Which most affects the other and how? Give some examples. 2. Discuss the types of operational conflicts that could occur in an international context because of differences in attitudes towards time, change, material factors, and individualism. Give examples relative to specific countries. 3. Identify five stereotypes that foreigners typically hold about Australians. Why do you think they might hold these stereotypes? Identify five cultural stereotypes that you hold (about foreign cultures). Max 450 words Week 2: 1. Discuss the role of social media in global business communication. 2. What is the relationship of language and culture? How is it that people from the same language may still miscommunicate? 3. Give some examples of cultural differences in the interpretation of body language. What is the role of such nonverbal communication in business relationships? Max 450 words Week 3 1. Discuss the relative use of nonverbal behaviours, such as silent periods, interruptions, facial gazing, and touching by people from various cultural backgrounds. 2. What are some of the differences in risk tolerance around the world? What is the role of risk propensity in the decision-making process? 3. Describe what you would expect in negotiations with Germans and how you would handle that situation. Week 4 1. Discuss the merits of the following entry strategies – exporting, turnkey projects and wholly-owned subsidiaries. 2. What opportunities and threats will likely emerge when a firm decides to move from purely domestic operations to global operations? 3. As the Korean population is increasingly able to afford high priced items like cars, this market represents a desirable growth opportunity for Japanese, German, and American car makers. However, the Korean automobile market is dominated by Korean car manufacturers (Hyundai, Ssanyong, and Daewoo). Oftentimes, such domination by a domestic manufacturer is blamed on trade barriers, but Korea’s tariffs are among the lowest in the world. Why then do most Koreans drive Korean-made cars? What entry strategy would be most appropriate for accessing this culturally-closed market? Max 450 words Week 5 1. Why are there an increasing number of mergers with companies in different industries? Give some examples. 2. What are the common sources of incompatibility in cross-border alliances? What can be done in order to minimize them? 3. How might the variable of national culture affect strategic implementation? Use the Mittal Steel example to highlight some of these factors. Max 450 words Week 6 1. Explain the need for an MNC to “be global and act local.” How can a firm design its organization to enable this? 2. As an international manager, what would make you suggest restructuring of your firm? What other means of direct and indirect monitoring systems could you suggest? 3. What is a transnational organization? Because many large MNCs are moving toward this format, it is likely that you could at some point be working within this structure—how do you feel about that? Max 450 words in text reference + Chicago 16 style of reference