Lecture_12___8211__International_Management

Lecture_12___8211__International_Management - Management...

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    Lecture 12 – International  Management Management Concepts, Semester  2 of 2005 - A/Prof Bradley Bowden
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    Reading Chap 17 Mainly focus on: Nature of international management (616-19) Economic and legal-political context (619-20) (622-23) Managing Diversity (632-4)
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    Lecture Structure Brief Knowledge Test Definitions and Globalisation in Historical Perspective  (the stages of Globalisation) BREAK Strategies for Corporate Advantage Obstacles to Competitive Advantage People and Competitive Advantage
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    Testing International Business  Knowledge
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    Which is the largest Economy in  South-East Asia / Oceania? Australia Singapore Indonesia Malaysia Vietnam Philippines Thailand
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    Which is the largest Economy in the  Middle-East littoral? Saudi Arabia Egypt Libya Algeria United Arab Emirates Oman Spain
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    Which is the largest merchandise  exporter (exporter of goods) China United States Japan Germany Singapore
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    How many Australians are born  overseas? (20 m Australians) Less than 1 million 1-2 million 2-3 million 3-4 million 4-5 million More than 5 million
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    How many Australians are currently  living overseas? Less than 100,000 100,000 250,000 5000,000 750,000 1,000,000 or more
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      and Globalisation in  Historical Perspective 
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    Definitions International business  – profit-related activities conducted across  international boundaries International management  – planning, leading, organising and  controlling in organisations engaged in international business Tariffs  – a tax imposed on imported or (less commonly) exported  goods and services that increases their cost relative to locally made  goods Expatriates  – people who are not citizens of the countries in which  they work Balance of Trade  – value of all goods and services exported by a  country minus value of imported goods and service Balance of Payments  other financial payments received from overseas minus interest,  dividends and other financial payments sent overseas Gross Domestic Product  consumption within a national economy over the period of one year
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    Globalisation – is it new? Globalisation
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Lecture_12___8211__International_Management - Management...

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