SAKAI notes_globalization revised

SAKAI notes_globalization revised - Why should a U.S...

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Introduction to Management Professor B. Schilling REVISED: Sept. 28, 2011 Outline of Key Topics: Globalization & Diversity Key definitions: imports, exports, balance of trade, gross national product, multinational vs. transnational company Statistics on international trade/world economy. What is globalization? Increasing economic integration and interdependence of countries Tendency toward a worldwide investment environment, and the integration of national capital markets Markets and policies transcend national boundaries Movement to a “world society”
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Unformatted text preview: Why should a U.S. manager think about the implications of globalization? What are the implications of diversity in the American workplace? What is diversity? What makes people diverse? Is all diversity visible? How can firms do business internationally? (How can an American firm enter foreign markets?) Strategies for Entering Foreign Market (refer to DuBrin 8 th ed. pg. 52-54) Exporting Licensing Local assembly/warehousing & packaging Strategic alliances/joint ventures Direct foreign investment Global start-ups...
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