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Summary International Management - lectures, book & theories Questions and Answers (Distinction)

International Management - -Process of applying management concepts and techniques in a multinational environment and adapting management practices to different economic, political, and cultural environments. -MNC - -A firm having operations in more than one country, international sales, and a nat...

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Summary International Management - lectures, book & theories

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Name the 9 most important international management theories - -1. Transaction Cost Theory 2. OLI Paradigm 3. Resource based view 4. FSA/CSA Framework 5. Stages Model - Uppsala Model 6. Born Globals 7. Information Process Theory 8. Principal Agent Theory 9. Contingency Approach -Explain th...

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Summary International Management - lectures, book & theories Questions and Answers 2023

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Organisation? - It's structure depends on.. - -Consciously coordinated social unit. Depends on The degree of complexity, formalisation, and centralisation in an organisation. -OT Assumptions: Collective actors vs. Aggregate of actors - -Collective: Organizations can think, act, and decide for th...

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Summary International Management - lectures, book & theories 2023 Questions and Answers

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Ethnocentric - -Style of management that involves the belief that the expatriates manager's native country's methods are the best, ignoring local culture and methods? -Globalization - -The worldwide movement toward economic, financial, trade, and communications integration -International Pro...

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Summary International Management - lectures, book & theories Questions and Answers (Distinction)

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Business Ethic - -A part of the broader concern for ethical behavior, which affects people and their welfare -Ethics deal with the - -"shoulds" of life - the rules and values that determine actions people should follow when dealing with other human beings -International Business Ethics - -un...

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Summary International Management - lectures, book & theories 2023

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Business Ethic - -A part of the broader concern for ethical behavior, which affects people and their welfare -Ethics deal with the - -"shoulds" of life - the rules and values that determine actions people should follow when dealing with other human beings -International Business Ethics - -un...

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Summary International Management - lectures, book & theories Questions and Answers 2023

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Globalization: - -Process by which national economies are increasingly woven together worldwide -Culture - -Collective mental programming that distinguishes one group of people from another -Multinational enterprises - -Large, well developed international firms operating in a variety of overse...

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Summary International Management - lectures, book & theories Questions and Answers 2023

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Strategic Management - -The process of determining an organization's basic mission and long-term objectives, then implementing a plan of action for pursuing the mission and attaining objectives -Economic Imperative - -worldwide strategy based on cost leadership. Also used when product is regarde...

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Summary International Management - lectures, book & theories Questions and Answers 2023

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Globalization: - -Process by which national economies are increasingly woven together worldwide -Culture - -Collective mental programming that distinguishes one group of people from another -Multinational enterprises - -Large, well developed international firms operating in a variety of overse...

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Summary International Management - lectures, book & theories Questions and Answers 2023

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Strategic Management - -The process of determining an organization's basic mission and long-term objectives, then implementing a plan of action for pursuing the mission and attaining objectives -Economic Imperative - -worldwide strategy based on cost leadership. Also used when product is regarde...

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