Professional Documents
Culture Documents
Powerpoint By: Mohamad Sepehri Jacksonville University: Inc. Publishing As Prentice Hall
Powerpoint By: Mohamad Sepehri Jacksonville University: Inc. Publishing As Prentice Hall
Mohamad Sepehri
Jacksonville University
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international of industries
Failure of banks and other financial
institutes:
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differences
Global competition
Terrorism
Technology
Finding ways to balance their
social responsibilities, their
images, and their competitive
strategies
What is International
Management?
The process of developing
strategies, designing and
operating systems, and
working with people around
the world to ensure
sustained competitive
advantage
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What is Globalization?
Global competition
characterized by networks
of international linkages
that bind countries,
institutions, and people in
an interdependent global
economy
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Challenges to Globalism
Backlash (Reaction) against
capitalism and
(regeneration)
rekindling
of nationalism
demand resources
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Benefits of Globalism
Access to more markets
Growth of developing economies
Opportunities for flexibility and
efficiency
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managers:
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Asia
China
India
ASEAN
South Asia Association of Regional
Cooperation (SAARC)
Japan
Asian Tigers:
Hong Kong
Singapore
South Korea
Taiwan
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The Americas
North American Free Trade
Agreement (NAFTA)
Agreement (CAFTA)
MERCOSUR
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Comparative Management in
Focus:
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Management Focus:
less relevant
( Union or meeting ) of
consumers tastes and
preferences (First choice)
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offshoring of manufacturing
jobs and outsourcing of whitecolor jobs
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Political Risk
Any governmental action or politically
motivated event that could adversely (badly)
affect the long-run profitability or value of a
firm (are Called Political Risk)
Examples:
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Bolivian presidents
move to nationalize the
national gas industry
followed that in
Venezuela.
Confiscation(toseizeasfor
feitedtothepublicdomai
n;appropriate,bywayof
penalty,forpublicuse. )
Terrorism Macro-political risk
event
Micro-political risk event
Discriminatory treatment
Barriers to repatriation
manage exposure
(disclose) to risk and
minimize financial loss
Two forms:
Consultation with
experts
Development of
internal staff
capabilities
Dependency and
Hedging
Input control
Market control
Participating
management
Localization of the
operation
Development
assistance
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Position control
Staged contribution
Political risk insurance
publicity.
activities
Economic Risk
Is closely related to political risk
Is determined by a countrys ability
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EXERCISE
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Approaches to
Contract Law
Common law: details
promises will be
enforced without
specifying the details
may be in the
relationship, not on the
paper
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quotas
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Global E-Business
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