MGMT 370 - Lecture 05 global

MGMT 370 - Lecture 05 global - Power Distance Uncertainty...

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Domestic International Multinational Global Business Business Corporation Business Level of International Activity Low High Levels of International Business Activity
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A. Market Entry Strategies 1. Global Sourcing 2. Exporting/Importing 3. Licensing/Franchising Types of International Activity
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B. Direct Investment Strategies 1. Joint Venture 2. Wholly-owned Subsidiaries 3. Greenfield Venture Types of International Activity : continued
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Ethnocentric Polycentric Geocentric Philosophies of International Mgmt
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Intnl Economic Factors Intnl Political Factors Intnl Technological Factors Intnl Socio-cultural Factors International Issues and Contingency Theory
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Differences in Perceptions of Time Differences in Perceptions of Space Language Differences International Socio-Cultural Factors
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Unformatted text preview: Power Distance Uncertainty Avoidance Individualism/Collectivism Masculinity/Femininity Long-term/Short-term Hofstede’s National Value Systems Examples of Hofstede’s work Country PD UA I M LT U.S. L L H H L Germany L M H H M Japan M H M H H France H H H M L Netherlands L M H L M Hong Kong H L L H H Indonesia H L L M L West Africa H M L M L Russia H H M L L China H M L M H The World is Flat Flattener #1: The Fall of the Berlin Wall Flattener #2: Netscape Goes Public Flattener #3: Work Flow Software Flattener #4: Open Sourcing Flattener #5: Outsourcing Flattener #6: Offshoring Flattener #7: Supply Chaining Flattener #8: Insourcing Flattener #9: In-forming Flattener #10: The Steroids Flatteners: continued...
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This note was uploaded on 04/02/2008 for the course MGMT 370 taught by Professor Smith during the Spring '08 term at Iowa State.

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MGMT 370 - Lecture 05 global - Power Distance Uncertainty...

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