Professional Documents
Culture Documents
Chapter 4 Managing in The Global Environment
Chapter 4 Managing in The Global Environment
Chapter 4 Managing in The Global Environment
•Economic
•Political risk
development
•Infrastructure •Government
•Resource and takeovers
product markets •Tariffs, quotas, taxes
•Per capita
•Terrorism, political
Income
instability
•Exchange rates
•Laws, regulations
•Economic
conditions
•Socio values, beliefs
•Language
•Religion (objects, taboos, holidays)
•Kinship patterns
•Formal education, literary
•Time orientation
Airports,
highways, and railroads
Energy-producing facilities
Communication facilities
*Joined in
2004
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Copyright © 2005 by South-Western, a division of Thomson Learning. All rights reserved.
27
North American Free Trade Agreement
Greenfield
Venture
Foreign Operations
Acquisition
Ownership of
Joint Venture
Franchising
Licensing
Exporting
Low Low Cost to Enter Foreign Operations High
Copyright © 2005 by South-Western, a division of Thomson Learning. All rights reserved.
29
Multinational Corporations (MNC)