MODERN BUSINESS IN COMPARATIVE PERSPECTIVE MODULE:

Compare 3 countries for the chosen topic (either US, Japan, Germany or China) and explore 2 different industries in the paper.

Answer only ONE of the following:

1.    Why do major economies generate different approaches to production and operations management, and have these differences significantly influenced competitive advantages between nations? (Productions and Operations Topic)

2.    Does Chandler’s model of integrated managerial enterprise explain the organization of large companies in major economies and the long-term competitiveness of nations? (Chandler and Managerial Enterprise Topic)

3.    Do contrasts in the long-term financing and ownership of business explain national differences in the governance and management of firms, and fundamentally account for the success of major economies? (Finance and Corporate Governance Topic)

4.    To what extent are differences in the institutional and organizational characteristics and in the long-term performance of national business systems the result of ‘early’ or ‘late’ industrialization? (Late Development Thesis)

5.    Does Porter’s ‘Diamond’ concept convincingly explain the achievements of major national business systems, or are their weaknesses, theoretically and empirically, in his arguments? (Porter and National Competitive Advantage Topic)

•    Knowledge of Cases and Evidence.
It is impossible to gain high marks unless you demonstrate knowledge of countries, institutions, industries, firms, and organizational functions. Evidence enables you to avoid annoying generalizations and sweeping statements. Use your cases and evidence within an analytical structure designed to answer the question rather than just mentioning cases and authors in turn and without clear purpose.

•    Knowledge of Theory and Literature.
To demonstrate an understanding of major authors and theories whenever relevant. You should employ theories and concepts as a means of shaping your use of evidence, and theory and evidence should be synergic and not separate.

•    Comparisons.
It should be no surprise on this course that you have to offer comparisons. It is better to avoid the sequential outline of cases, by which is meant a discussion of (say) the US, Germany, the UK, Japan and China in turn and separately. The approach causes problems in the design of an analytical structure, and it is not directly comparative because you treat each example separately. Place evidence from each nation within the issues set by an analytical structure: that is, if you were to discuss comparative human resources, place choices of evidence from Germany, UK, US, Japan and China into most of the assignment sections dealing with key issues such as training, management education, employment systems, trade unions, etc.

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