iTEL
1668 Courses
This course provides students with knowledge in preparing a viable business proposal for a new venture. Students are expected to be actively involved in the process of planning and launching a venture and to conduct a thorough analysis of the functional areas of their proposed business. The knowledge obtained from this course provides students with the opportunity to visualize the viability of their business ideas.
As a result of the strong developments that have taken place in telecommunications and transportation, the world seems to have shrunk and is often referred to as a ‘global village’. This has brought about an increased interaction between managers from various cultures. The increase in the number and strength of multinational corporations from America, Europe, Japan, South Korea and emerging market nations has often times brought about a clash with local cultures. As a result, it is important that managers of today understand culture and the implications of culture in the development of individual and group culture as well as management style. This course will emphasize on the differences in management practices as a result of differences in culture. Focus will be given towards looking at the differences between the Western and Eastern management styles. Topics that will be discussed include interaction between culture and organisation, strategy and culture, human resource and culture, leadership and culture, as well as on communication and negotiation. Class discussions will focus on the practices of Western multinational and Eastern multinational corporations.