Your assignment this week will focus on the case study HSBC in China (p. 563) . We revisit the country of China, this time to look at the financial and banking sectors. China acceded to the World Trade Organization (WTO) in 2001, which was important to integrate China into the global economy. The WTO requirements guaranteed China entry into the important financial sector, setting it on a course to become a financial powerhouse.
Reflecting on this weeks content focusing on ethical leadership, strategy, and alliances, develop an essay responding to the following questions.
- How has HSBC adapted its global strategy to operate in China, both before and after Chinas WTO accession?
- Discuss HSBCs strategy for entering and operating in other emerging markets. Where has it found success, and where has it faced setbacks? Why?
- What are the pros and cons of HSBCs Managing for Growth strategy?
- For companies that are participating in Saudi Vision 2030, what strategies and tools might they adopt to manage political risks?
Your well-written paper should meet the following requirements:
- Be 5-6 pages in length, which does not include the title page or required reference page, which are never a part of the content minimum requirements.
- Use academic writing standards and APA style guidelines.
- Support your submission with course material concepts, principles, and theories from the textbook (CITE THE TEXTBOOK IN-TEXT) : Luthans, F., & Doh, J. P. (2021) International management: Culture, strategy, and behavior (11th ed.) McGraw-Hill Education, New York, NY. + and at least two scholarly, peer-reviewed journal articles.
