Chapter_1_External_environment MGT466 W2010

Chapter_1_External_environment MGT466 W2010 - Position...

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The Global Manager’s Environment MGT466 Dr. Paul Mudde
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Chapter 1 Review Globalization and Global Trends The Legal Environment The Technological Environment
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Results of Political Assessment Sources of Political Risk Information Assessment of Political Risks Internal Experts External Consultants Local Management Experienced Senior Executives Computer Models Rankings and appraisals of level of risk Early warning systems Additional information attention Avoidance Adaptation Commitment Excessive risk Acceptable risk Changing risk
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Taoko & Beeman’s risk management strategies: 1. joint ownership 2. participative management 3. localization of operations 4. development assistance What type of risks are these strategies aimed at?
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Risk reduction using dependency: Input control Output control
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Unformatted text preview: Position control What type of risks are these strategies aimed at? Hedging international business risks: Political risk insurance Local debt financing Foreign currency options What type of risks are these strategies aimed at? Understanding economic risks: Economic risks interact with political risks economic problem cause political actions political actions result in economic problems Next Class Read & review Chapter 1 Read for discussion the case study: Under Pressure, Dubia Company Drops Port Deal. Review the questions related to the case and outline your responses for the class discussion and the following question: How could Dubai Company have managed its political risks more effectively? Current Issue Reports...
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Chapter_1_External_environment MGT466 W2010 - Position...

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