2024 – Foreign Direct Investment Read the Closing Case Lakshmi Mittal and the Growth

 

Foreign Direct Investment

 

Read the Closing Case: Lakshmi Mittal and the Growth of Mittal Steel at the end of Chapter 7 and write a three- to four-page paper, excluding the title and reference pages, that answers the following:

 

• Explain the forces that drove Mittal Steel to start expanding across national borders, including a history of Mittal Steel.
• Analyze why Mittal Steel expanded into different nations through mergers and acquisitions, as opposed to Greenfield investments.
• Examine the benefits that Mittal Steel brings to the countries that it enters. Include examples of benefits.
• Examine the drawbacks to a nation when Mittal Steel invests. Include examples of drawbacks.
• The acquisition of Arcelor was very acrimonious, with many politicians objecting to it. Infer the basis for the objections and assess whether or not their objections were reasonable. Provide examples in regard to the basis.

 

In addition to the required text, provide at least one additional scholarly source to support your paper. Your paper should be formatted in APA style as outlined in the Ashford Writing Center.

 

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.

 

Reference:

 

Hill, W.L. (2011).  International Business:  Competing in the global marketplace (8th ed.). New York:  McGraw-Hill Irwin.  ISBN:  978-0-07-813719-8

 

Total Possible Score: 7.00

 

Explains the Forces That Drove Mittal Steel to Expand Across National Borders

 

Total: 1.00

 

Distinguished – Thoroughly explains the forces that drove Mittal Steel to expand across national borders and includes a thorough history of Mittal Steel.

 

Proficient – Explains the forces that drove Mittal Steel to expand across national borders and includes a history of Mittal Steel. Minor details are missing.

 

Basic – Partially explains the forces that drove Mittal Steel to expand across national borders and includes a limited history of Mittal Steel. Relevant details are missing.

 

Below Expectations – Attempts to explain the forces that drove Mittal Steel to expand across national borders and include a history of Mittal Steel; however, significant details are missing.

 

Non-Performance – The explanation of what drove Mittal Steel to expand across borders is either nonexistent or lacks the components described in the assignment instructions.

 

 

 

Analyzes Why Mittal Steel Expanded Through Mergers and Acquisitions Versus Greenfield Investments

 

Total: 1.00

 

Distinguished – Comprehensively analyzes why Mittal Steel Expanded through mergers and acquisitions versus Greenfield Investments.

 

Proficient – Analyzes why Mittal Steel Expanded through mergers and acquisitions versus Greenfield Investments. Minor details are missing.

 

Basic – Partially analyzes why Mittal Steel Expanded through mergers and acquisitions versus Greenfield Investments. Relevant details are missing.

 

Below Expectations – Attempts to analyze why Mittal Steel Expanded through mergers and acquisitions versus Greenfield Investments; however, significant details are missing.

 

Non-Performance – The analysis of why Mittal Steel expanded through mergers and acquisitions versus Greenfield Investments is either nonexistent or lacks the components described in the assignment instructions.

 

 

 

Examines Benefits That Mittal Steel Brings to the Countries That It Enters

 

Total: 1.00

 

Distinguished – Thoroughly examines benefits that Mittal Steel brings to the countries that it enters. Presents clear examples of benefits.

 

Proficient – Examines benefits that Mittal Steel brings to the countries that it enters. The presented examples of benefits are slightly unclear.

 

Basic – Partially examines benefits that Mittal Steel brings to the countries that it enters. The presented examples of benefits are unclear.

 

Below Expectations – Attempts to examine the benefits that Mittal Steel brings to the countries that it enters; however, the presented examples of benefits are significantly unclear.

 

Non-Performance – The examination of the benefits that Mittal Steel brings to the countries that it enters is either nonexistent or lacks the components described in the assignment instructions.

 

 

 

Examines the Drawbacks in a Country Where Mittal Steel Invests

 

Total: 1.50

 

Distinguished – Thoroughly examines drawbacks in a country where Mittal Steel invests. Presents clear examples of drawbacks.

 

Proficient – Examines drawbacks in a country where Mittal Steel invests. The examples presented of drawbacks are slightly unclear.

 

Basic – Partially examines drawbacks in a country where Mittal Steel invests. The examples presented of drawbacks are unclear.

 

Below Expectations – Attempts to examine drawbacks in a country where Mittal Steel invests; however, the examples presented of drawbacks are significantly unclear.

 

Non-Performance – The examination of the drawbacks in a country where Mittal Steel invests is either nonexistent or lacks the components described in the assignment instructions.

 

 

 

Infers the Basis for the Objections to the Acquisition of Arcelor and Assesses Whether or Not Objections Were Reasonable

 

Total: 1.50

 

Distinguished – Accurately infers the basis for the objections to the acquisition of Arcelor. Thoroughly assesses whether or not objections were reasonable. Provides numerous appropriate examples in regard to the basis.

 

Proficient – Accurately infers the basis for the objections to the acquisition of Arcelor. Assesses whether or not objections were reasonable. Provides examples in regard to the basis.

 

Basic – Somewhat infers the basis for the objections to the acquisition of Arcelor. Partially assesses whether or not objections were reasonable. Provides somewhat appropriate examples in regard to the basis.

 

Below Expectations – Somewhat infers the basis for the objections to the acquisition of Arcelor. Minimally assesses whether or not objections were reasonable. Provides inappropriate examples in regard to the basis.

 

Non-Performance – The inference for the basis of objections and the assessment of whether or not the objections were reasonable are either nonexistent or lack the components described in the assignment instructions.

 

 

 

Critical Thinking: Explanation of Issues

 

Total: 0.15

 

Distinguished – Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.

 

Proficient – Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.

 

Basic – Briefly explains the issue to be considered, delivering minimal information for a basic understanding.

 

Below Expectations – Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions. 

 

 

 

Critical Thinking: Evidence

 

Total: 0.15

 

Distinguished – Employs persuasive and applicable information from credible sources to develop an ample analysis or synthesis of the topic. Viewpoints of experts are scrutinized thoroughly.

 

Proficient – Employs applicable information from credible sources to develop an analysis of the topic.

 

Basic – Identifies applicable information from credible sources, but may neglect the application of such information toward the analysis of the topic. 

 

Below Expectations – Presents information from external sources, but such information may lack credibility and/or relevance. Neglects to apply such information toward the analysis of the topic.

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

 

 

Written Communication: Control of Syntax and Mechanics

 

Total: 0.18

 

Distinguished – Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

 

Proficient – Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

 

Basic – Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

 

Below Expectations – Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

 

 

Written Communication: APA Formatting

 

Total: 0.18

 

Distinguished – Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

 

Proficient – Exhibits APA formatting throughout the paper. However, layout contains a few minor errors. 

 

Basic – Exhibits limited knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements. 

 

Below Expectations – Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

 

 

Written Communication: Page Requirement

 

Total: 0.17

 

Distinguished – The length of the paper is equivalent to the required number of correctly formatted pages. 

 

Proficient – The length of the paper is nearly equivalent to the required number of correctly formatted pages. 

 

Basic – The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

 

Below Expectations – The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.   

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.

 

 

 

Written Communication: Resource Requirement

 

Total: 0.17

 

Distinguished – Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

 

Proficient – Uses the required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

 

Basic – Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

 

Below Expectations – Uses an inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

 

Non-Performance – The assignment is either nonexistent or lacks the components described in the instructions.