The chairman promised to hire over 5,000 Americans. He assured everyone that his Chinese managers and experienced workers would closely partner with the newly hired Americans. "We are melding two different cultures," a Fuyao executive proudly proclaimed. The people of Dayton were ecstatic to have jobs once again. However, they quickly learned that the work expectations of the Chinese owners were radically different than the norms in the United States. It becomes uncomfortably clear that the ways of the Chinese-complete fierce loyalty to the company, 12-hour shifts, working weekends, little or no positive acknowledgement from management, lack of care about safety issues and putting the company before their own lives- will make their work lives intolerable. The factories are run like indoctrination camps. The company is sacrosanct. There will be no dissent. The orders are to make the auto-glass products quickly and cheaply, no matter what the personal, physical and emotional toll it takes on the employees. "One tongue, one company," as a Chinese Fuyao employee puts it. Question: What conflicts in corporate culture and firm objectives did the frustration that the Fuyao boss and its American employees experienced reflect? What lessons can multinational corporations from less developed countries learn from Fuyao's experience when they expand to the developed countries? 7. (16%) The Hong Kong-Zhuhai-Macau Bridge (HZMB) is a 55-kilometre (34 mi) bridge- tunnel system consisting of a series of three cable-stayed bridges, an undersea tunnel, and four artificial islands. It is both the longest sea crossing and the longest open-sea fixed link on earth. The HZMB spans the Lingding and Jiuzhou channels, connecting Hong Kong, Macau, and Zhuhai-three major cities on the Pearl River Delta. The cost of constructing the Main Bridge was funded by bank loans and shared among the governments of mainland China, Hong Kong and Macau. Originally set to be opened to traffic in late 2016, the structure was completed on 6 February 2018 and journalists were subsequently taken for a ride over the bridge. On 24 October 2018, the HZMB was opened to the public after its inauguration a day earlier. Suppose you were asked to conduct a cost-benefit analysis of this proposed mega project to assess its feasibility and profitability. How would you measure the benefits and costs of this project? What aspects of benefits and costs would you consider? What data would you need? 8. (12%) In recent years, Hong Kong Stock Exchange adopted a couple of reform measures. One was to allow the listing of companies with dual-class shares, and the other was the attempt to take over London Stock Exchange. Why did Hong Kong Stock Exchange do these? What kinds of benefits and costs would they bring to Hong Kong Stock Exchange