ch2 - Slide 1 Principles of Management Summer 2010 Week 2...

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Slide 1 Principles of Management Summer 2010 Week 2 (chapter 2) Management in a Global Environment Martin Spraggon Assistant Professor M.Sc., M.B.A., D.E.S.S., PhD
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Slide 2 Learning Objectives After reading this chapter, you should be able to: • Describe the changing pattern of international business. • Explain how institutions affect international business. • Explain major factors affecting international business. • Indentify key decisions to go international. • Differentiate the various ways firms can enter foreign markets. • Identify alternative ways of managing a foreign operation . • Recognize the key human resource policies that firms can develop to help expatriates succeed.
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Slide 3 Integration, regionalization & liberalization of markets Interdependence between countries Global competition High uncertainty E-businesses Import & Export Global investments The Changing Pattern of International Business
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Slide 4 Global consumer preferences Tastes and preferences are converging Presence of mass media and standardized products Globalized production Cost efficiency Knowledge efficiency The Changing Pattern of International Business
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Slide 5 International Institutions Foster peace and stability among nations Are a source of valuable commercial data (market conditions, trade relationships, demographics, agreements, etc.) Develop solutions / multilateral agreements, where country members cooperate Have regulatory functions Facilitate international business, provide nations’ stability, and global justice
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Slide 6 Lowered trade barriers
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ch2 - Slide 1 Principles of Management Summer 2010 Week 2...

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