UA BNAD 302 - Global Management (3 pages)

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Global Management



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Global Management

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Global Management


Lecture number:
5
Pages:
3
Type:
Lecture Note
School:
University of Arizona
Course:
Bnad 302 - Human Side of Organizations

Unformatted text preview:

BNAD 302 Human Side of Organizations Lecture 5 Chapter 4 Outline of Last Lecture Chapter 3 The Environment of Management Ethical responsibilities ethical dilemma ethics values etc How do people learn ethics 3 levels pre conventional conventional and post conventional Social Responsibilities Chapter 4 Global Management I Globalization the trend of the economy toward becoming a more interdependent system A Global village the shrinking of time and space as air travel and the electronic media have made it much easier for the people of the globe to communicate with one another B E commerce the buying and selling of products and services through computer networks US retail e commerce sales were estimated at 48 2 billion in the third quarter of 2011 C Global economy the increasing tendency of the economics of the world to interact with one another as one market instead of many national markets Positive effects more markets for American exports Negative effects vast surplus funds from global investments flowed into US that were invested badly in subprime mortgages II Minifirms operating worldwide A Small companies can get started more easily B Small companies can maneuver faster III Multinational Corporation vs organization A Multinational corporation business firm with operations in several countries B Multinational organization nonprofit organization with operations in several countries IV Successful International Manager These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute A Ethnocentric managers believe that their native country culture language and behavior are superior to all others B Parochialism narrow view which people see things solely through their own view C Geocentric managers accept that there are differences and similarities between home and foreign personnel and practices and they should use whatever techniques are most effective D Polycentric managers take



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