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LEARNING OUTLINE
Follow this Learning Outline as you read and study this chapter.
L E A R N I N G O U T L I N E (contd)
Follow this Learning Outline as you read and study this chapter.
L E A R N I N G O U T L I N E (contd)
Follow this Learning Outline as you read and study this chapter.
Polycentric Attitude
The view that the managers in the host country know the best work approaches and practices for running their business.
Geocentric Attitude
A world-oriented view that focuses on using the best approaches and people from around the globe.
Prof. Rushen Chahal
Denmark, France, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, the United Kingdom, Germany, Austria, Finland, and Sweden
Exhibit 4.3
Prof. Rushen Chahal
African Union
ASEAN Members
Source: Based on J. McClenahen and T. Clark, ASEAN at Work, IW. May 19, 1997, p. 42.
Exhibit 4.4
Borderless Organization
A firm that has eliminated structural divisions that impose artificial geographic barriers and is organized along business lines.
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products for sale overseas and importing products from overseas to sell in the home country.
Stage II
Committing
to directly sell home-country products in overseas markets or contracting for products to be manufactured overseas and sold in the home country. manufacturing and franchising services to foreign firms to use the brand name, technology, or product specifications developed by the firm.
Stage III
Licensing
Exhibit 4.5
Prof. Rushen Chahal
Joint Venture
A specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose.
procedures are established and followed Fair and honest elections held on a regular basis
economy in which resources are primarily owned and controlled by the private sector.
Command economy
An
Exhibit 4.6
Source: Based on G. Hofstede, Motivation, Leadership, and Organization: Do American Theories Apply Abroad? Organizational Dynamics, Summer 1980, pp. 4263.
Exhibit 4.7
The GLOBE (Global Leadership and Organizational Behavior Effectiveness) Framework for Assessing Cultures
Assertiveness Future orientation Gender differentiation Uncertainty avoidance Power distance Individualism/collectivism In-group collectivism Performance orientation Humane orientation