Homework: Arcelor Mittal Acquisition
1) Read the article Arcelor agrees to Mittal Takeover.
2) Read the article ArcelorMittal and Nippon Steel complete acquisition of Essar Steel.
3) Peruse ArcelorMittal's corporate website for additional information.
4) Peruse Hofstede's Insights for additional information.
Write a 5 to 6 pages paper following APA Style.
In your paper, address the following questions:
1) Compare Hofstede's cultural dimensions for the countries of Luxembourg, India, and Japan.
2) Discuss Arcelor's motivation to acquire Mittal and Mittal's motivation to merge with Arcelor.
3) Discuss the two major challenges that threatened the Arcelor/Mittal merger. Which of Hofstede's cultural dimensions might be at the core of these challenges?
4) Discuss at least two reasons why ArcelorMittal acquired Essar Steel.
5) Discuss the rationale for ArcelorMittal's joint venture with Nippon Steel.
6) If you were a manager at ArcelorMittal, what cultural challenges might emerge in your attempts to integrate a Christian worldview in the workplace?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.