Principles of Global Business Management .pdf

Principles of Global Business Management .pdf PRINCIPLES OF GLOBAL BUSINESS MANAGEMENT PRINCIPLES OF GLOBAL BUSINESS MANAGEMENT Editor: Rafiu Adewale Aregbeshola JUTA Prinrfpks of Global Biubieu AfrmqgeffUHt First published 2017 Juta and Company ( Pty ) Ltd First fluor. Sundare building , 21 Dreyer street , Claremont 77 U « POBox H 373, Lmsdowne 777 V, Capti Town, South Afriti www, juta.« v£a & 2 i 17 Jut J. and Company ( Pty ) Ltd ISBN 97 « l 4 tf .S li l ( Flint ) isim 97« 14HM 25$4 tf (Wei pnF) All rights reserved , No part of this publication pajfbr reproduced or transmitted in any form or by any nu ^ ns, elect rooic or mechanical, including photocopying, recording, or any information stonge or retrieval system , without prior per mission in writing from the publisher Subject to any applicable licensing terms and conditions in the case ofelcctrnnically supplied publications, a person may engage in fair dealing with i copy of this, public at ion for their personal or private use, or their research or private study. See section I 2 ( I } ( a ) of the Copyright Act 98 of 1978 . Project manager: Edith Viljoen I'djtor ; Caroline Chaplin Proofreader : Blanche Michael Cover designer: Drag and Drop Typesetter: I .ante Nicholas Indexer; Lois Henderson Typeset in Arno Pro on 1 I S / 13 pi TJie author and the publisher believe on the strength of due diligence exercised that this work does not contain any material that is the subject of copyright held by another person . In the alternative, they believe that any protected pre - existing material that may be comprised in it has been used with appropriate authority or has been used in circumstances that make such use permissible under the law. Contents About thfl author :; X I.1 l l i U I J J h U I J I k l. l k I 1 U I L f i l U I J J k L j I ! J J l. m i j J l l.1 U J I I I I U 1 J L .j 4 l (i i l I I I 1 -Preface X I IH i m i u B i n r i m i ' i n i r n i i B U M i i m i n t i r i i B U B B i PART V Globalisation 1 ho context of intorn .itignnl business 1-i a m i i n t i l Chapter 1 : Globalisation and global business dynamics Rafiu AdeW'iIe A regbas h n la Introduction What is globalisation ? Types and forms of globalisation Tho fu t? ltf glnb . dis . it inn ( capitalist globallotion ) Tlic good The bad . Tho ugly ' 11)0 journey aheaj Conclusion .. . . References 3P B B P B n B M B r i B r B I B B r a r F S m a n p m B M B B I B B I B B I B B I H B I I B 36 4 4 “ 4 6 " -1 P f 4 6 M l 6 " 4 6 4 4 4 ! 6 4 4 4 I I I M I6 " 4 6 6 " I M I 6 » -* • 6 M + 4 4 4- B 4 « M 4 6 6 “ 6 6 4 H H6 4 ! 6 4 4 “ 4 ! “ -* 4 § • 664 6644 “ 6 “ 4 4m m m L U J I I J i i i a L I J I. I I i l i a 1 1J m i 1 1 i 1 1 1L B L I I I I L I J J I I I I J I I i n m i i L J I L I I L U i» I I J I I I I L i l l i I I J 7 Hl M ‘ Mi B 4 -6 4 8.I .I U i i j j. a a j. u a i s a l i B B l i I d l B B d B B d l U J i i a I B I J l l J d l l l l B I J. B I L I a d d l i d I B I J l d d. l l d L L J I B i d L d d l d L H d I. B i d B B L L J d B i d . ia 12i n.j r i i i i ! ! r a n I i H r i d r « i r a a i n i 6 6 B B i p a n r i i . n r a a i - a a -i m i i r a a m i a i r i n r i i new thinking 1444 + 664 + 4+ 444 - 44 + 644 66 R- + M 4-44 + 644 .... 664 +6 4 -. _ _-- 4 15I B B I . I B I B B I B i d I B B I B B I B i d B d L B I I. B B d. B B B B I d. B B l 15a a B a n r a a a a a i n i i n a a a a a a a a a a n i n r a a a n r a a r a n a n r a a i i i i B I T I I r a n a n a. m i l i -i- a a i i n i a i T a n a n n i i n i a n a a r a i l B a d Chapter 2: Institutional frameworks and tho role of government Rafiu Adewale Aregbeshote Introduction Global institutional frameworks The World Rank 17B I B B J I B B I B B I B K B B B I B B B d B B d B B I B B B I B d B B I. d B 17 1 8M P B1 P B1 P B B P i l l P B1T B S 1 P I H B B S B B T p a n i B i r p a ip i i 1 8B L B I J i l d L U k f i d d B B B d I l i a d B i d J. l l d.1 B d d. B B d I B B B L B d l B B d ' I he International Monetary Fund llic World Trade Organization Corruption perceptions index Worldwide governance indicators World Biink Investment Climate Survey Database * ..* Doing business ; regulations ant! their enforcement Public Integrity Index 'Jlie rote of government Respect for the ride of law Adjudication and enforcement Civil liberty and fundamental humin rights.... Peaceful electioneering and transfer of power. Transparency in governance and polity 20 22B I I I I B B I B B1 I B B I B I J B r B I I B B B B B 1 B B B 24e -i “ i+!i t P*T r -*i M P M T i l T P T T M T M+ r - i t p - r i - H 6 - -. -i r - - - 4 -r r- -r - 6 -i + 6 4 + - 6 -i +- 4+ 6 4 + 6 6 + 25464 64 “ § § ! 6 “ 4 I .... G 4 I BB 14|h!4 1141 k. . B 4|R S 4- 6 B 4 I 4 4 I “ 4 4 P H 644 66 “ - l 4 “ PMI PM 26 31I P H 1 T I 9 T P1 1 I P M l l l t m V 324 6 6 6 I P M I M 6 - 4 6 6 “ I H i 6 - -i 6 R 4 4 6 4 I P 4 I 6 4 I H i 6 6 4 6 6 4 I » 4 -1 6 4 I f H 6 6 4 1 6 4 I 6 4 4 6 4 4 I- R 4 6 6 4 4 6 4 6 6 4 1 6 4 4 34I B B I B B I B B I B B d l B I L i d I B B I. B d B i l l I I B d . l l I B I I B B I B B d I B B I I I I B B I. B B B I. E d B B L B I L I I J 35P B B r a n B B B P I B I B B I P B B P B B I B B P B I r a n r i B I B B I B B I 1 B B B P B 1 B B I B B I B B B 364 I 6 4 4 6 6 4 6 6 4 4 6 4 1- 6 4 1 6 4 6 6 6 4 6 4 -1 I 6 4 6 6 4 4- 6 9 6 6 = 4 6 6 9 4 6 4 4 6 4 4 6 4 4 6 9 4 I 6 4 4 6 4 6 6 4! 6 4 4 364 33B B I I B B I L B B I I B B I B B d B 39- i r a i 6 6 4 4 - 4 4 6 6 4 4 6 6 4 4 6 B 4 -6 6 4 4- 6 4 4- 6 6 6 6 4 6 6 4 4 6 4 6 t Wdu^ion 396 4 4 6 “ “ 6 6 4 4- 6 4 6 P 4 -6 6 “ 4 - 6 “ 4 6 4 4+ 6 4 4 - “ “ 6 6 4 4 6 4 4 4- 4 4 6 6 4+ 6 4 6 6 4 46 4 4 + 6 “ 4- 6 4 4- 6 “ 4- 6 4 6 6 4 “ 6 6 4 6 6 4 4- 6 6 -6 6 4 4 6 6 4 4- 6 4 4- 6 4 4 * 6 4+ 6 4 6 6 4 4 6 4 + 6 4 4 6 4 4 References * .. 40B d L B d L L k d L L d B d B B d B l d J L B I d i l i l d L B H d L L d d B B d L i d L B I J I B J J.!J 1 B B I I B I d i l l d i L l d d i B B d L B I L B I X L I d i B I J .