MGMT2105_2014T2_Lecture10_revised

MGMT2105_2014T2_Lecture10_revised - MGMT 2105 East Asian...

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1 MGMT 2105: East Asian Business Enterprise Term 2, 2014 School of Management Dr. Hokyu Hwang Reading Materials for the Course n There is no textbook for this class. n Study Kit Cases and book chapters n All other reading materials can be downloaded through the UNSW library system. n I will provide links to the HBS cases soon. n I will also upload newspaper or magazine articles I come across on the class page.
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2 Teaching staff, Lecture, and Tutorials Name Contact Details Consultation Hours Dr Hokyu Hwang Lecturer in charge Mr. Amir Gazinoori School of Management Room546C, ASB building [email protected] School of Management Room 502 (Glass Room) 5 th Floor West Wing, ASB Building By appoitnments 10-11am, Wednesdays Room 502 (Glass Room) 5 th Floor West Wing, ASB Building Time Location Lecture: 9:00-11:00, Tuesdays (w1, w3-13) QUAD1027 Tutorials: 13:00-14:00, Tuesdays (w1, w3-13) QUAD G047 14:00-15:00 Tuesdays (w1, w3-13) QUAD G047 16:00-17:00 Tuesdays (w1, w3-13) QUAD1047 Assessment Details n Lecture Attendance (5%) & Tutorial Attendance (5%) n Tutorial Participation (10%) n Group Presentation (10%) n In-class Mid-term Exam (20%) – 9 th week n Group Project Report (20%) Proposal (5%) is due in the 7 th week in your tutorial. The final report is due by noon on Friday, 24 October. n Final exam (30%) – 13 th week n In order to pass this course, students must Attempt ALL assessment tasks Attain an overall pass mark of 50% Attend at least 80% of scheduled classes
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3 Final Exam n Final exam questions will be released on Friday, 31 October and your answers will be due on Monday, 3 November. n You will be submitting your exam through Turnitin. n The final exam will be comprehensive, covering Japan, Korea and China. n There will be 3 questions. n You will be asked to bringing in materials from the course (lecture notes, readings, cases, etc., but only the class materials) in your answers. n There will be word limits for each question. So you will have to organize your answers efficiently. Highlights from the previous lecture
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4 State-Owned Enterprises: Who or What Are they? n State-owned enterprises (SOEs) dominated the economic system of socialist countries But they are not exclusive to the socialist system. n Myth1 State-owned enterprises are not efficient and must be privatized. n Myth 2: State-owned enterprises are not as important and are relics of the old system. n Examples: – Sinopec Largest firm in China, 9 th in the world There were 37 state-owned enterprises in Fortune 500 Global in 2009 State-Owned Enterprises in China n Overall (in)efficiency % of GDP: China (50%), Germany (26%), Japan (32%), US (28%) Productive efficiency (in generating $1 in GDP): US ($1.5), India ($2.8), and China ($6) n Two types of SOEs National Champions consisting of about 100 enterprises Accounting for 25% of all sales, but 50% of profits in the state sector Employing about a quarter of larger enterprises in China And the rest of the state sector Their survival will depend on their performance
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5 Pre-Reform SOE (GUOING QIUE
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  • Management, –  Overseas Chinese, n  Management School

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