Managing in a Global Environment
How important is international business to the study of management?
PPT Slide
International management
Stages of Globalization
Key Factors to understand in the international environment...
The Economic Environment
Resource and Product Markets
Exchange Rates
Political Risk
Political Instability
Laws and Regulations�are many and vary from country to country
Consider the following laws...
GATT General Agreement on Tariffs and Trade (1947)
European Community (EC)
EC Reform and Deregulation (Europe �92)
The EURO will affect...
Advantages of the EC
North American Free Trade Agreement (NAFTA)
The Sociocultural Environment
Other Cultural Characteristics
How does a Business Get Started Internationally?
Global Outsourcing
Exporting
Licensing
Franchising
Direct Investing
Joint venture
Wholly Owned Foreign Affiliate
Greenfield Venture
The Multinational Corporation (MNC)�examples
Characteristics of MNCs
Personal Challenges for Global Managers
Managing Cross-Culturally
Management In Practice: Experiential Exercise
Web Addresses...
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