Terms As of this date, Scribd will manage your SlideShare account and any content you may have on SlideShare, and Scribd's General Terms of Use and Privacy Policy will apply. 1. 2. Discuss the Advantage and Disadvantage of Terrestrial Plant and Aquatic Plant. Multinational Corporations operates in multiple countries DuPont in Chine (1863) Ford Fiat Royal Dutch Multi-domestics local country has control Coffee Shop Global Company All of its decisions come from home branch Transnationals eliminate structural barriers The Born Global * SHRM and business strategy Sources of Risk for International Managers Chapter 1 4. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. Topic 2; Week 3: A strategic approach to HRM; The Context of HRM (cont’d); HR Planning. Objectives, Chapter 3 Managing in a Global Environment Essay, Chapter 3- Managing in a Global Environment Notes * Today’s companies and managers operate in a borderless world that provides both risks and opportunities * Globalization- Refers to the extent to which trade and investments, information, ideas, and political cooperation flow between countries * The most globalized countries according to one ranking are Belgium, Austria, the Netherlands, Switzerland, and Swden * Managers can move their companies into the international arena on a variety of levels, and organizations can be thought of a passing through four distinct stages as they become increasingly global. While drawing from a variety of academic disciplines, and to help managers respond to the challenge of creative problem solving, principles of management have long been categorized into the four major functions of planning, organizing, leading, and controlling (the P-O-L-C framework). The global environment can have a major impact on how a company operates.   Both Nike and Timberland manufacture most of their products overseas. Athletes Caught Using Illegal Performance Enhancing Drugs Should Be Given a Life Time Ban. 1. Questions 1. Business’s profit/risk assumption Stakeholder roles Role of entrepreneurship in wealth creation Elements of business environment Rise of the service sector If you answered yes to any of these questions, you’re a global business customer. 3.1 The Globalization of Business; 3.2 Opportunities in International Business; 3.3 The Global Business Environment; 3.4 Trade Controls; 3.5 Reducing International Trade Barriers; 3.6 Preparing for a Career in International Business; 3.7 Cases and Problems; Chapter 4: Selecting a Form of Business Ownership Board Queries 5% • Describe the challenges of doing business globally in today’s world. | 2. Two Examinations (20 percent each) 40% A manager’s primary challenge is to solve problems creatively. Chapter 1: Overview of construction field in Viet Nam and the situation of Coteccons company – leading construction company. Discussion: 4 * International business managers can expect their companies to be affected periodically by economic problems that cross geographical boundaries.

The evidence of global mindset that can be seen in these managers are (i) The CEO of Black Diamond says that the companys objective from the beginning was to find a global market. Comp-XM® Executive Summary 5% If you wish to opt out, please close your SlideShare account. You can change your ad preferences anytime. GEBCO_08 with Shaded Blue Marble Landmass, Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License. Multinational... Gl…, Refers to the extent to which trade and investments, informati…, Strategic orientation of international stage, View the world solely through your own perspective, leading to…, 1) Ethnocentric Attitude: The parochialist belief that the bes…, A union of 27 European nations created as a unified economic a…, WGU D080 Managing in a Global Business Environment, Reduced tariffs would result in lower costs of imported raw ma…, Treaties must be approved by the Senate, whereas a free trade…, Viewing the world solely through your own perspective, leading…, Managers with an ethnocentric attitude believe that people in…, View that managers in the host country (the foreign country in…, A world-oriented view that focuses on using the best approache…, The highest possible rating that may be assigned by a credit r…, The ability of an individual or group to produce a good or ser…, Quota that strictly limits the quantity of goods that may ente…, The act of taking over ownership or controlling a business, to seek cheaper resources via outsourcing and to develop marke…, sometimes called off-shoring, means engaging in the internatio…, are various tactics that managers use to enter foreign markets, is a market entry strategy in which a company maintains produc….

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