Assignment 2: Required Assignment 2—Emerging Economies and Globalization

Assignment 2: Required Assignment 2—Emerging Economies and GlobalizationBackground
Markets in developed  economies are approaching saturation level. Therefore, MNCs are searching for  new untapped markets in emerging countries such as India and China. Since the healthcare  industry will continue to grow in the future due to the size of the global  population and its age composition, General Electric Healthcare (GEH) is trying  to capitalize on these trends. It is expanding its operations and development  of new drugs and manufacturing of the medical equipment in India and China.Directions
Read the following  articles:At least one peer-reviewed article related to  the trade theories in general as well as for China and IndiaArticles related to the human resource  management for MNCs, cross-cultural management, expatriate training, and  expatriates’ success/failure in overseas assignmentsArticles related to GEHThen, respond to the  following:Select two trade theories that best explain  why GEH expanded its operations of developing new drugs to India, and  manufacturing X-ray business to China.Explain the selected theories, and then  evaluate GEH’s reasoning.Explain possible pitfalls for such strategy  from GEH’s perspective.Identify solutions to the possible pitfalls  for the strategy.For each operation (India and China),  evaluate GEH’s human resource strategy.Identify how you would design training for  preparing expatriates for their assignments to India and China if you were in  charge of their training prior to the overseas assignment.Write a 7–10-page  paper in Word format. Utilize at least five to seven scholarly sources in your  research. Apply APA standards to citation of sources.Make sure you write  in a clear, concise, and organized manner; demonstrate ethical scholarship in  accurate representation and attribution of sources; and display accurate  spelling, grammar, and punctuation.Use the following file  naming convention: LastnameFirstInitial_M5_A1.doc. By Week 5, Day 7,  deliver your assignment to the M5 Assignment 2 Dropbox.

Assignment 2 Grading Criteria 

Maximum Points

Selected two trade theories  that are specific and appropriate to the expansion of GEH. The theories explain  why operations were expanded.


Explanation  of theories is specific, accurate, and clear. The explanation includes how the  theories are incorporated into the expansion of GEH. Evaluation of reasoning to  expand is complete, appropriate, and accurate. The evaluation states how  expanding benefits GEH.


Explanation  of pitfalls is reasonable and appropriate. Explanation includes how and why the  pitfalls are likely to occur. Pitfalls explained are reasonable based on the  strategy.


Solutions  identified are reasonable, appropriate, and likely to solve any possible  problems. Solutions given explain how possible pitfalls could be remedied.


Evaluation  of the human resource strategy is complete, specific, and in depth. The  evaluation focuses on aspects of the strategy unique to each operation (i.e.,  diversity, acquisition, etc.).


Identification  of training design is complete, clear, and specific. Training includes  information on preparing for both professional and personal development.  Justification for the training design is included.


Wrote in a clear,  concise, and organized manner; demonstrated ethical scholarship in accurate  representation and attribution of sources; and displayed accurate spelling,  grammar, and punctuation.