Beruflich Dokumente
Kultur Dokumente
Submitted by:Neeraj mehta Neetu mehra Neha arora Neha asija Neha bhalla Neha gupta
Contents
Parochialism Adopting a global perspectives Regional trading alliances The world trade organization Different types of global organization How organization go global Managing in global environment Hofstadter's framework for assessing cultures Globes frame work for assessing culture Global management in todays world
free trade with one another. Regional trading agreements reshaped global competition . It mainly involves : 1) European Union 2) North American Free Trade Agreement (NAFTA) 3) The Association of Southeast Asian Nations (ASEAN)
2004
2007
27 MEMBER COUNTRIES
IN EUROPEAN UNION
AIM To reassert their economic position against their strength of the United States and Japan ADVANTAGES It continues to assert its economic power in one of the worlds richest markets. No barrier to travel Employment Investment Trade
MEXICO
CANADA
USA
Trade (GATT) Global organisation dealing with the rules of trade among nations. Comprises of 146 countries. Goal is to help businesses (importers and exporters) conduct their business .
a)Multinational
Multinationl corporations
a)Maintain operationsmultiple countries -managed home country. b)Ethnocentric attitude c)Sony,Deutsche BankAG, Merrill Lynch.
Transnatioal corporations
Borderless organisatios
a)Maintain operations eliminating structural divisions that impose artificial geographical barriers. b)Geocentric attitude c)IBM, BristolMyers Squibb
a)Maintain operations more than one country but decentralizes management to a local country. b)Polycentric attitude c)Nestle, Frito Lay
Stage one
Imports
Exports
STAGE TWO
HIRING FOREIGN REPRESENTATIONS OR CONTRACTING WITH FOREIGN MANUFACTURES
STAGE 3
FOREIGN SUBSIDIARY
JOINT VENTURE
STRATEGIC ALLIANCE
LICENSING / FRANCHISI NG
environment
The Economic
environment
The Cultural
environment
political systems
Differences in the
Market Economy
Command Economy
rates
Inflation rates
Diverse tax policies
specific country that shape their behavior and their beliefs about what is important.
May have more influence on an organization than the
organization culture.
Power Distance
Extent to which a society accepts the unequal distribution of power within organizations. High power distance society accepts wide differences. Low power distance society, the differences are less.
Uncertainty Avoidance
Degree to which people tolerate risks& prefer structured rather than unstructured situations. Low uncertainty avoidance more prone to risks. High uncertainty avoidance, less prone to risks
Cont
Quantity v/s Quality of life
Degree to which values like assertiveness, material goods & money acquisition & competition prevails. Cultural Attribute which emphasizes relationships & concern.
Extent of rewards granted for future orientation behaviors i.e. planning, investing & delaying gratification.
Extent to which society maximizes gender role differences as measured by how much status & decision making responsibilities women have.
Cont
Uncertainty Avoidance
Societys reliance on social norms & procedures to alleviate the unpredictability of future events.
Power Distance
Individualism/ Collectivism
Degree to which individuals are encouraged by societal institutions to be integrated into groups within organizations & society.
Cont
In-Group Collectivism Performance Orientation Humane Orientation
Extent to which members of society involves in small groups like family, friends or organization in which they are employed.
Degree to which society rewards & encourages the group members for performance improvement & excellence.
Degree to which society encourages & rewards individuals for being fair, generous, caring & kind to others.
AMALGAMATION OF BUSINESS, CULTURE, HISTORY AND SOCIAL PRACTICES WITHIN OTHER CULTURES .
MANAGERS
UNDERSTANDING
Questions
What do you mean by global perspectives? How do companies do
business globally?
Write short notes on:1.
2.
a)
b) c)
Multidomestic corporation
Multinational corporation World trade organization
a) b)
Correct Incorrect An organization gives another organization the right to use its name
Purchasing labor or materials from around the world wherever it is cheapest is called global sourcing
a) b)
Correct incorrect