Professional Documents
Culture Documents
8e Daft Chapter 04
8e Daft Chapter 04
CHAPTER 4
Learning Objectives
Exhibit 4.1
Number is increasing
Awareness of national borders
decreasing
Corporate Examples
– Fred Hassan – Pakistan-born CEO of
Schering Plough
– Mexico-born Fernando Aguirre, CEO of
Chiquita Brands
Exhibit 4.2
Economic Legal-Political
•Economic •Political risk
development
•Government
•Infrastructure
takeovers
•Resource and
product markets •Tariffs, quotas, taxes
•Per capita
Organization
•Terrorism, political
Income instability
•Exchange rates •Laws, regulations
•Economic
conditions Sociocultural
•Socio values, beliefs
•Language
•Religion (objects, taboos, holidays)
•Kinship patterns
•Formal education, literary
•Time orientation
Economic development
Infrastructure
Resource and product markets
Exchange rates
Inflation
Interest rates
Economic growth