MGT466 Deresky chapter 1 study guide outline (2)

MGT466 Deresky chapter 1 study guide outline (2) - MGT 466...

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MGT 466 International Management Chapter 1 Topics, Vocabulary, and Models of International Management 1. Assessing Political Risks – Sources of political risk information a. Internal experts b. External consultants c. Local management d. Experienced senior executives e. Computer models 2. Managing political risks a. i. Joint Ownership- sharing ownership with nationals ii. Participatative management- actively involve nationals iii. Localization of operations- modify subsidiarys names mgts style etc. . Seeks to turn into national firm iv. Develop assistance- active involvement in infrastructure Political b. Risk reduction using dependency- keep subs and host nation dependent on the parent corporation. (maintain) i. Input control- firm maintains key control on inputs like raw materials ii. Ouput control- firm controls what it produces iii. Position control- kee[ certain key positions in hands of expatriate Political iv. Risk reduction using hedging (Minimize)
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This note was uploaded on 03/23/2011 for the course MGT 466 taught by Professor Ishak during the Winter '08 term at Grand Valley State.

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MGT466 Deresky chapter 1 study guide outline (2) - MGT 466...

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