Students are required to research the business partnership between China National Chemical Corporation (ChemChina) with Pirelli, the Italian tyre maker from 2009-2015. (3000 words not including appendices and references, and the similarity must below 10%).

BRIEF

In this assignment, you have to search information do appendix firstly. And then you answer the questions need information related appendixes that you did, you just need to point the name of appendix [For example: Appendix A of Political (Amit, 2000)] without rewriting again to save the word count.

Please make sure to write 600 words/question!

PART A

Question 1 (600 words)

With reference to the academic literature and using your analysis of relevant environmental factors, suggest the most important external issues and trends driving the partnership of ChemChina with Pirelli, Italian tire maker. In which areas are the expected internal benefits and synergies for both companies? Why are the Chinese and the Italian governments involved?

1.1 External Issues and trends driving the partnership of ChemChina with Pirelli.

1.2 Internal benefits and synergies for ChemChina and Pirelli.

1.3 The reasons of the Chinese and the Italian governments involved.

Question 2 (600 words)

With reference to the academic literature, how would you describe this partnership? Explain the risks associated with this choice of partnership. Compare and contrast this choice with Pirelli's earlier partnership with PT Astra. Justify your view.

2.1 Type of the partnership between ChemChina with Pirelli.

2.2 The risks associated with the partnership of ChemChina and Pirelli.

2.3 Compare and contrast Acquisition and Joint Venture.

Question 3 (600 words) need to use Handy model

By applying appropriate theory and using evidence from your research of these companies, analyse the national and corporate cultures involved. Speculate on the impact of both on this ‘partnership' between ChemChina with Pirelli.

3.1 National culture of China and Italy.

3.2 Corporate cultures of ChemChina and Pirelli.

3.2 Impact of partnership between ChemChina with Pirelli.

Question 4 (600 words)

Drawing upon academic literature and theory, critically discuss the possible effects, both positive and negative, of exchange rate movements on the deal.

4.1 Positive and Negative effects of transactional exposure and the hedging policy.

4.2 Positive and Negative effects of translational exposure the hedging policy.

4.3 Positive and Negative effects of economic exposure the hedging policy.

Part B (600 words)

Question 5

Identify three (3) specific aspects or challenges of doing business internationally that you have come to appreciate through the seminars or Expert Lectures on this module. Explain why these are significant to you personally and to the future of international business.

5.1 Culture in doing business internationally.

5.2 Selection criteria in collaboration efforts through partner analysis.

5.3 Exposure to financial environment.

Attachment:- The business partnership.rar