I

BAssi
gnment1
Her
oHonda’
sSpl
i
t
Munj albrothersstartedt heirflagshipcompanynamedt heHer o
CyclesLt d.Theyest ablishedaj oi
ntv entur
ebetweent heHero
GroupandHondaMot orCompanyi n1984,asthe Her oHonda
Motor sLtd.atDhar uher a,India.HondaMot orCompanywast he
world’slargestmanuf actureroft wo- wheel
ers.Botht hecompanies
owned  26%st ake i
nt hecompanyr especti
vely
.Dur ingthe1980s
Hero-HondaMot orCompanybr oughttheconceptoft wo-
wheeler
motor cyclesinIndia.Thei rmot or
cy cl
eswer epopularintheIndi
an
marketbecauseoft heirfuel economyandl owcost .

By2010, Her
oHondaMot orCompanywasr egar
dedast heworld’
s
l
argestmanufactureroftwo-wheel ers.I
twasi n2011thatthei
r26-
yearlongpar
tner
shi peff
ectivelyended.Thenwhatwer et he
reasonsbehi
nddi ssol
vi
ngt heirpartnershi
pandput t
inganendt o
oneoft hemostsuccessfuljointvent ur
esintheIndi
anaut omobil
e
i
ndust r
y?
Conf
li
cti
nExpor
ts–
Boththecompani eswentintoaj oi
ntvent
urewit
hanagr eement
thati
twasonl yfordomesticproducti
onandconsumpt i
on.AsHero
HondaMot orCompanywasoneoft helar
gestmanuf acturer
sof
two-wheelers,
itwantedtoexpanditsel
fbyexport
ingt oother
countr
ies.Subsequentl
y,t
heagr eementwasmodi fi
edandal lowed
theexport
stoaf
ewcount
ri
esl
i
keNepal
,Bangl
adesh,
Sri
Lankaand
Columbia.

Now, Hondahadi tssubsi

diarycompani esinmanycountri
es. 
The
i
ssuesar osewhenHer oHondacameupwi thexpor
ti
ngits
mot orbikestoothercountr
iesin2008, whereHondaalreadyhadit
s
subsidiaries.
 Hondamadeanopi nionthatHeroHondawi l
lhavet
o
compet eoni tsowni ntheothercount r
iesbecauseHondacouldnot
i
nfluencei tssubsidi
ari
estoimpor tthei
rJV’sproduct
s.

 Conf
li
ctofI
nter
est
s–
Itwasbasical
lyr
elat
edt othe Boar
dRepresent
ati
on.Thefour
member softheboardincludedtwoexecuti
vedir
ect
orswhower e
theheadsofHondai nIndiaandBangkok,andtwoothermembers
nominatedbyHonda, whichmadet heHondaGrouphaveaccessto
allt
hei
rplansandstrategi
eswhi l
eHeroHondadidnothaveaccess
toanyofHonda’splans.
Conf
li
cti
nVi
sions–
Whent hejointvent
urewasst artedin1984, i
twasat otall
ydiff
erent
worldthen,andin2010, t
hev i
sionsofbot hthecompani es,Hero
HondaandHondabeggedt odi
ffer 
from eachother.HeroHonda
want edtoexpanditsbusinessandscal eitupbyent er
ingintothe
nextgrowthphasebyf ocusingonmanuf acturi
ngitsownpr oducts.
So,itneededtoinvestinit
sownResear ch&dev elopmentf orwhich
theyhadt ogetapprovalfr
om theheadof f
iceinJapan,withwhich
Hondawasnotcomf or
table.
Ontheotherhand,Hondawasconti
nuousl
ymakingi
tsexpansi
onin
t
heIndi
anmar ket.I
twascont
inuousl
yint
roduci
ngef
fi
cientmodel
s
l
ikeAct
iva,Di
oandEt er
no.
Conf
li
cti
nCompet
it
ion–
HondaMot or
cycl
esandScootersIndi
aPv t.Ltd.(
HMSI PL)a100%
subsi
diarycompanyofHonda, ent
eredIndiain1999whi ch
mandatedt hecompanyt ot
akeaNoObj ecti
onCer t
if
icat
e(NOC)
fr
om i
tsex ist
ingJVpartner
,HeroHonda.TheNOCwasgi ven,
ona
cl
auset hatHondawill
notmakepr oductsthatwouldcompet e
dir
ect
lywi t
hitspart
ner.

In2010,
 
HMSI PLdeci
dedtolaunchan110ccmotor
cycl
e,t
he
segmentthatf
ormedover70% HeroHonda’
ssal
es.

Thecompani esdeci dedtopar tthei

rwaysfrom theJointVenture
wit
ht hei
rownpl ansf ortheIndianandInt
ernationalMarket.Honda
decidedtopartami cablybyprov idi
ngt
echnologicalsupporttoher
o
ti
l
l2014andsol dits26%st aket otheMunj
al Family
.Wher eas,Hero
paidHondaroy alt
iesforitsservice.

I
BAssi
gnment2

I
mpactofRussi
a–Ukr
aineWaronI
nter
nat
ional
Busi
ness

Hereisalookatt heeconomi cfall

outfrom Russia'sFebr uary24
i
nvasionofit
snei ghborUkraine:
Commodi t
iessoar–
Oil
andgaspr iceshav esurgedov ersupplyfearsasRussi aisone
oftheworld'
sbiggestproducer sandexpor ter
soft hefossi lfuel
s.
Pri
ceshaverisenatt hepump, too,prompt i
nggov ernment stotake
measurestoeaset hef i
nancialpainforconsumer s:Al owerVATi n
Sweden,apricecapi nHungar y,oradiscountinFr ance.Gaspr i
ces
havealsoskyrocketed,wit
hEur opereferenceDutchTTFl eapingto
anal l
-timehi ghat345Eur osonMar ch7.
TheUni tedSt ates,CanadaandBr it
ainhav eannouncedRussi anoil
bans.TheEur opeanUni onhasav oidedsanct i
onsonRussi a's
energysect orascount ri
essuchasGer manyr elyheav i
lyon
Moscow' sgassuppl i
es.Ot hercommodi tiesmassi velypr oducedi n
Russiahav esoar ed,i
ncl udingnickel andal umi num.Aut oi ndustry
supplychai nsf acedisr uptionsaskeypar tscomef rom Ukr ai
ne.
Foodt hreat-
UNchi efAnt oni oGuter reshaswar nedt hatt heconf lictcoul d
reverber atef arbey ondUkr aine,causi nga" hurricaneofhungerand
amel tdownoft heglobal foodsy stem" .
RussiaandUkr ainearebr eadbasket sfort hewor ld,account i
ng
togetherf or30per centofgl obalwheatexpor t
s.Pr icesofcer eals
andcooki ngoi l
shav er i
sen.
TheUN' sFoodandAgr i
cultureOr ganizationsay st henumberof
under nour ishedpeopl ecoul dincreasebyei ghtt o13mi lli
onpeopl e
overt hecour seoft hisy earandnext .Shipsar enotl eavingUkr aine
andt her ear econcer nsaboutt heupcomi ngsowi ngseasoni nt he
count ry.TheUni tedSt ates, I
ndiaandEur opecoul dcov erwheat
shortages.Buti tcouldbemor ecompl i
cat edt or eplacesunf l
ower
oilandcor n,ofwhi chUkr aineisthewor ld'snumberoneand
numberf ourexpor ters,respect i
vely.
Mar ket
srattled-
Stockmar ketshadstart
edoff2022onagoodnot easeconomi es
recoveredfrom theCovi
dpandemi candcompaniespost edhealthy
result
s.Butthewarhasbr oughtvolat
il
it
yt ot
hemarket swhi l
e
Moscow' sstockexchangeclosedforthreeweeksandonl ypart
iall
y
reopenedonMonday .Westernsancti
onshaveparal
y zedt he
Russianbanki ngsect
orandfinanci
alsystem,whi
lether ublehas
col
l
apsed.
Themeasur esincludeef f
ortstof r
eeze$300bill
i
onofRussia's
for
eigncurrencyreserveshel dabroad.Russi
anowf acestheri
skof
default
ingondebtf orthef i
rstti
mei ndecades.Moscowpaid
i
nterestontwodol lar
-denomi natedbondslastweek,gi
vi
ngt he
governmentsomebr eathingroom until
thenextdebtpaymentsin
thecomi ngweeks.
Fir
msf lee-
HundredsofWest er
nf i
rmshavecl osedshopsandof fi
cesin
Russiasincet hewarst art
ed--duet othesancti
ons, poli
ti
cal
pressureorpubl icopini
on.Theli
sti ncl
udesfamousnamessuchas
IKEA,Coca- ColaandMacDonal d's.RussianPresidentVladi
mi r
Putinhasr aisedthethreatofnati
onal i
zi
ngforeign-owned
compani es.Somecompani eshav echosent ostayi nRussi
a, ci
ti
ng
thei
rsocial responsi
bili
tyt
onotabandont hei
rlocal employeesand
depriv
et hepopul ati
onofessentialgoods.
Slowergr owth-
Thewart hreatenst obeadr agonthegl obal economi cr ecovery
from theCov idpandemi c.TheOECDhaswar nedt hattheconf li
ct
couldinfl
ictaone- percentage-pointhitongl obal growth.
TheI MFi sexpect edt oloweri tsgrowthf orecast,whichcur r
entl
y
standsat4. 4per centf or2022." Theent i
regl obaleconomywi l
lfeel
theeffectsoft hecr isi
st hroughslowergr owt h, t
radedi srupt
ions,
andst eeperinflati
on, harmi ngespeciall
yt hepoor estandmost
vulnerabl
e,"theI MF, Wor ldBankandEur opeanBankf or
Reconst r
uct i
onandDev elopment( EBRD)war nedinaj oint
statement .Withinf l
ati
onsoar i
ng,analystsf eareconomi escould
faceaper
iodofst
agf
lat
ion-
-at
oxi
cmi
xofr
isi
ngpr
icesandweak
growt
h.

I
BAssi
gnment3
Deci
sionTr
eef
orAppr
opr
iat
eTr
aini
ngMet
hods
Assumingaj obposi t
ionforadomesticcount
ryandan
i
nternat
ionalcountryandgoingthr
oughadeci si
ontreefor
appropr
iatetr
ainingmet hodsf
orthejobposit
ion.Throughthese
tr
aini
ngmet hods, wefindoutt
hetrai
ningscenari
oswhi chhaveto
becarri
edoutf orthejobs.
Her
e,nov
elmeani
ngi
nter
est
ingl
yneworunusual
.
Domest
iccount
ry:
Indi
a–Jobposi
ti
on–School
Teacher
Thejobi
snotnovel
,thecult
urei
snotnovel
,anddegreeof
i
nter
acti
oni
shighwhi chput
sthi
sjobposi
ti
onintr
ainingscenar
ioG.
Tr
aini
ngScenar
ioG–
Lev
elofr
igor–Lowt
omoder
ate
Dur
ati
on-30-
60hour
s
Appr
oach–Lect
ures,
fil
ms,
books,
rol
epl
ays,
cases,
fiel
d
exper
ience.
Tr
aini
ngcont
ent–Li
tt
leemphasi
sonj
obbutmor
eoncul
tur
e.
I
nter
nat
ional
count
ry:
Aust
ral
i
a–Jobposi
ti
on–Yout
uber
Thejobi
snov
el,cul
tur
eisal
sonov el
andthedegr
eeofint
eract
ion
i
shighaswel
l.Appr
opri
atet
rai
ningscenar
ioi
sTrai
ningA.
Tr
aini
ngscenar
ioA–
Lev
elofr
igor–Hi
gh
Dur
ati
on–60-
180hour
s
Approach–Lectur
ers,
fact
ualbri
efing,books,
cases,
rol
epl
ays,
cul
tureassi
mil
ati
on,si
mulat
ions,
fieldexperi
ence.
Trai
ningcontent–Equal emphasisonj
obandcult
ure.St
ressj
ob
demands, constr
aints,
andchoi cesi
ncl
udeeconomic,
poli
ti
cal
,
hi
storical
,andrel
igioustopics.