World Trade Around The World Entry 10pt 10 pt 10 pt 10pt 10 pt 20 pt

Slides:

Advertisements

Similar presentations

Chapter 3 Managing in a Global Environment. The International Business Environment u Greater difficulties and risks when performing management functions.

Advertisements

GLOBAL MANAGEMENT Chapter 6 MGMT 370. GLOBAL ENVIRONMENT The global economy is dominated by countries in three regions: North America, Western Europe,

International Management Chapter 06 Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.

Global Business. Drivers of Globalization Business Needs 1.Lower cost factors of production (labor, natural resources) 2.Larger market size to support.

Management, 7e Schermerhorn Prepared by Michael K. McCuddy Valparaiso University John Wiley & Sons, Inc.

PowerPoint Presentation to Accompany Chapter 5 of Management, 8/e John R. Schermerhorn, Jr. Prepared by:Michael K. McCuddy Valparaiso University Published.

Managing in a Global Environment

GLOBAL MANAGEMENT.

Copyright © 2003 by South-Western/Thomson Learning. All rights reserved. 3–13–1 The Global Borderless Environment Ethnocentrism is OUT! Globalization is.

PowerPoint Presentation by Charlie Cook The Global Environment and Entrepreneurship Chapter 3 Copyright © 2003 South-Western/Thomson Learning. All rights.

PowerPoint Presentation to Accompany Chapter 5 of Management Fundamentals Canadian Edition Schermerhorn  Wright Prepared by: Michael K. McCuddy Adapted.

Globalization & Organizational Structure. Entering the Global Market Why Go Global? Why Go Global? Economies of scale Economies of scale Economies of.

Part Two The Global Environment and Social and Ethical Responsibilities 5 Global Markets and International Marketing.

Managing the Global Environment

© 2007 Prentice Hall, Inc. All rights reserved. 4–1 Managing in a Global Environment.

Chapter 7 Reaching Global Markets 7 | 3Copyright © Houghton Mifflin Company. All rights reserved. Objectives Understand global marketing strategy Analyze.

Chapter 4 MANAGING IN A GLOBAL ENVIRONMENT © 2003 Pearson Education Canada Inc.4.1.

International Management Chapter Six Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written.

International Management Chapter Six Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written.

Power Point Presentation Materials Transnational Management Text, Cases and Readings in Cross-Border Management 4th Edition Christopher A. Bartlett Sumantra.

Chapter Four Global Management Managing Across Borders McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All Right Reserved.

The Global Context of Business

Global Markets and Marketing Chapter 3 McGraw-Hill/Irwin Copyright © 2004 by The McGraw-Hill Companies, Inc. All rights reserved.

McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill© 2003 The McGraw-Hill Companies, Inc. All rights reserved

Contrast ethnocentric, polycentric, and geocentric attitudes toward global business

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Copyright © 2014 Pearson Education, Inc. publishing as Prentice Hall 3-1 Managing.

8 th edition Steven P. Robbins Mary Coulter PowerPoint Presentation by Charlie Cook Copyright © 2005 Prentice Hall, Inc. All rights reserved.

Chapter 4 Managing the Global Environment. LEARNING OUTLINE Follow this Learning Outline as you read and study this chapter. What’s Your Global Perspective?

© 2016 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

1 Chapter 3 with Duane Weaver Managing the Global Environment.

Managing in a Global Environment

CHAPTER 4 Competing in World Markets. TRADE PRACTICES Imports- foreign goods and services purchased by domestic customers Exports- domestically produced.

International Management Chapter 06 Copyright © 2011 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.

Copyright © 2002 by The McGraw-Hill Companies, Inc. All rights reserved Bateman Snell Management 5th Edition Competing in the New Era.

© 2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Domestic International Multinational Global Business Business Corporation Business Level of International Activity Low High Levels of International Business.

1 8 Strategy in the Global Environment. 2 Related Concepts/Theories Theory of comparative advantage – a country is ahead, and all other country’s benefit,

Chapter 3: Global Management

Copyright © 2009 South-Western, a part of Cengage Learning All rights reserved. Power Point Presentation by Dr. Leslie A. Korb Georgian Court University.

Part Chapter © 2009 The McGraw-Hill Companies, Inc. All rights reserved. 1 McGraw-Hill Business in Global Markets 1 Chapter 3.

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall 4-1 # Copyright © 2015 Pearson Education, Inc. Understanding the Global Context of.

Man-3/2 Erlan Bakiev, Ph. D. IAAU Spring 2015 Managing in a Global Environment.

Management, by Williams South-Western College Publishing Copyright © 2000 Chapter 8 Global Management.

Part Two Using Technology for Customer Relationships in a Global Environment Global Markets and International Marketing 5 5.

Managing in a Global World

Management Practices Lecture Recap Social Responsibility – Obligation to Responsiveness – Factors That Affect Employee Ethics – Stages of Moral.

International Management Globalization & International Linkages Chapter 1.

Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall Copyright © 2014 Pearson Education 3-1 Global Management.

After reading this chapter, you should be able to: 1. Discuss the rise of international business and describe the major world marketplaces and trade agreements.

CHAPTER 5: GLOBAL DIMENSIONS OF MANAGEMENT BOH4M1.

International Trade Describe the benefits of international trade.

MANAGEMENT RICHARD L. DAFT.

Management Functions and Multinational Corporations

CHAPTER 4: MANAGING IN THE GLOBAL ECONOMY

MANAGEMENT RICHARD L. DAFT.

Principles of Management Studies

Global Management: Managing Across Borders

MARKETING MANAGEMENT 12th edition

Managing in a Global Environment

Managing the Global Environment

Entering Foreign Markets

Managing in a Global Environment

Chapter 8 Global Management

MANAGING IN A GLOBAL ENVIRONMENT (Chapter 3)

Contrast ethnocentric, polycentric, and geocentric attitudes toward global business

THE GLOBAL CONTEXT OF BUSINESS

BUS101 Chapter 3.

Managing in a Global Environment

Management, 7e Schermerhorn

Presentation transcript:

World Trade Around The World Entry 10pt 10 pt 10 pt 10pt 10 pt 20 pt Global Strategy Entry Modes Culture 10pt 10 pt 10 pt 10pt 10 pt 20 pt 20 pt 20pt 20pt 20 pt 30 pt 30 pt 30 pt 30 pt 30 pt 40 pt 40 pt 40pt 40 pt 40pt 50pt 50 pt 50 pt 50 pt 50 pt

NY Times columnist going back to the theory that the world is flat

Who is Thomas Friedman?

FDI

What is Foreign Direct Investment?

America’s top trading partner

Who is Canada?

Moving work to other countries

What is offshoring?

Act of contracting with an outside provider to produce goods and services

What is outsourcing?

Canada, USA, Mexico trade organization

What is NAFTA

Largest trading block in Europe

What is the European Union?

Name two Asian trading blocks

What are Asia-Pacific Economic Cooperation (APEC) and Association of SouthEast Asian Nations (ASEAN)?

BRIC Nations

What are Brazil, Russia, India, and China?

Central American effort at its own trading block

American Free Trade Agreement? What is CAFTA (Central American Free Trade Agreement?

Strategy views the world as a single market. Operations are controlled centrally from the corporate office

What is a Global strategy?

This strategy has high pressure for global integration and high pressure for local responsiveness

What is Transnational strategy?

Describe the International strategy model

What is using existing core capabilities to expand into foreign markets, doesn’t compete on costs, and doesn’t need to adjust to local tastes?

Which strategy model is the most decentralized and responds to local tastes the most?

What is the Multinational model?

The two dimensions on Bartlett & Ghoshal’s 2x2 matrix describing global strategies for competition

What are pressures for “global integration” and “local responsiveness”?

Wholly Owned Subsidiary Exporting, Licensing, Franchising, Joint Venture, and Wholly Owned Subsidiary

international markets? What are 5 ways to enter international markets?

“Let’s get married in a business enterprise”

What is joint venture?

Sending stuff you make overseas

What is exporting?

This entry mode gives you the most control over keeping your secrets and technology from being stolen

What is wholly owned subsidiary?

Hilton Hotels, McDonalds restaurants Are examples of this entry mode.

What is franchising?

Foreign national brought in to work at the parent company

What is an inpatriate?

Expatriate

Where is Bhopal, India?

by your own group’s standards Tendency to judge others by your own group’s standards

What is ethnocentrism?

Geert Hofstede’s four cultural dimensions

What are power distance, Individualism/collectivism, Uncertainty avoidance, and Masculinity/femininity?

illegal for US companies to bribe foreign officials This US law makes it illegal for US companies to bribe foreign officials

Corrupt Practices Act (FCPA) What is the Foreign Corrupt Practices Act (FCPA) of 1977?