1. Political risk
if there is a nationalistic view that takes place then they protect local
business, foreign investments and then imports and exports ( revenue
can be hurt)
can affect cost also, volatile currency
then overall profit is effected
Chapter 3: Understanding the Role of Culture
Learned Human Behavior Patterns
Something from your culture and becomes what you are today
Opening Profile: Saudi Arabian Culture
The intersection of culture and business
o McDonalds, Saks Fifth Avenue, Pizza
-Most critical part of a plan: execution
-Implanting the plan and then take actions.
-Someone elses planSome of your plan should be to grab market share from your
If you dont have a plan then your competitors wi
Chapter 2: Managing Interdependence: Social Responsibility and Ethics
Interdependence is a dynamic of being mutually and physically responsible to, and sharing a
common set of principles with, others. Interdependence recognizes the truth in each position
Week 1 (8/22/16) Introduction to International Operations (MGMT 4150)
White Board: What are Business Operations?
Operations Business Functions
Research & Develop
Cadre group of people
If business is good, working well, anyone can do the management job. Its when
things go wrong
then that requires you to take a risk, rely on things not written down. Thats when
leaders come to the top.
Take jobs that is th
GE Matrix organization (chaotic, feel like you report to no one)
Engineering - Ops - Sales and Marketing_WORKERS
Accounting/Finance - Dotted lines vs solid line.
Problem: Who is your boss?
Pro: They get to be expose