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MGMT410 PowerPoint By: Reece Campbell.

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Presentation on theme: "MGMT410 PowerPoint By: Reece Campbell."— Presentation transcript:

1 MGMT410 PowerPoint By: Reece Campbell

2 International business
New Markets Legal Issues Human Resources Growth & Pricing

3 New Markets Unfamiliar cultures Language barriers Physical Distance
Time Zones

4 Language Barriers Easily overcome
Most communication done via technology Google Translate On-site translator

5 Physical distance and time zones
Expensive to travel Employees up at all hours of the day Organize windows of time where everyone is online

6 Human resources & Legal
HR must have a heavy international background May have multiple HR reps working together May be best to have lawyer on staff

7 Growth & Pricing Be careful not to grow too quick
Make sure pricing is correct Better to be too cautious then rush into things

8 Sources Anyanwu, S. A., & Nweake, L. I. (2014). Ethical challenges in international business operations. Journal of Business and Retail Management Research, 08 Carper, W. B. (2014). Global business: A cultural perspective. The Journal of Applied Business and Economics, 16(6), Champion, D. (2015). The Leadership Behaviors That Make or Break a Global Team. Harvard Business Review Digital Articles, 2-5. Constine, J. (2017, June 28). Facebook now has 2 billion monthly users... and responsibility. Goodman, M. B. (2013). Intercultural communication for managers. New York, NY: Business Expert Press. Meyer, E. (2015). When Culture Doesn’t Translate. Harvard Business Review, 93(10), 66-6. Shen, L. (2017, December 31). The 10 Biggest Business Scandals of 2017. Tallman, S., & Pedersen, T. (2015). What Is International Strategy Research and What Is Not?. Global Strategy Journal, 5(4),


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