Date post: | 06-Jul-2018 |
Category: |
Documents |
Upload: | waelbarakat3179 |
View: | 219 times |
Download: | 0 times |
of 40
8/16/2019 Summary of International Business_ Ch 1-4
1/40
Summary of InternationalBusiness
Chapters ( 1 – 4 )
Best Wishs By :
Moataz M. Shawey
8/16/2019 Summary of International Business_ Ch 1-4
2/40
!lo"alization1
•#es$ri"e the pro$ess of %lo"alization an& how it a'e$ts
marets an& pro&u$tion
•I&entify the two for$es $ausin% %lo"alization to in$rease
•Summarize the ei&en$e for ea$h main ar%ument in the%lo"alization &e"ate
•Summarize the %lo"alization &e"ate
•I&entify the types of $ompanies that parti$ipate in
international "usiness
•#es$ri"e the %lo"al "usiness enironment an& i&entify its
four main elements
8/16/2019 Summary of International Business_ Ch 1-4
3/40
#is$ussion uestion – 1 *+,-
• What "enets mi%ht $ompanies o"tainfrom the %lo"alization of marets an&the %lo"alization of pro&u$tion/
• !lo"al marets $an re&u$e maretin%$osts0 $reate new maret opportunities
a"roa&0 an& leel in$ome streams.• !lo"al pro&u$tion $an allow a$$ess tolower$ost worers0 te$hni$al e2pertise0an& pro&u$tion inputs.
3Int. Business Summary M.M.Shawy
115,615
l " li i i
8/16/2019 Summary of International Business_ Ch 1-4
4/40
!lo"alization #riers 1 7allin%Barriers *+31
• 8emoe "arriers to tra&e inestment
– !9 – W;
– 8e%ional tra&e a%reements
!lo"alization #riers , e$hnolo%i$alInnoation•
8/16/2019 Summary of International Business_ Ch 1-4
5/40
#is$ussion uestion ,
++++++++++ is the alue of all %oo&s an&seri$es pro&u$e& "y a $ountry>s &omesti$an& international a$tiities oer a oneyear
perio&.a. !ross #omesti$ *ro&u$t
?". !ross @ational *ro&u$t
$. !@* *er Capita
5Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
6/40
Ao"s an& Wa%es *+3
• ;pponents –
8/16/2019 Summary of International Business_ Ch 1-4
7/40
Da"or0
8/16/2019 Summary of International Business_ Ch 1-4
8/40
@ational Soerei%nty
• ;pponents – Supranational institutions re&u$e autonomy
of national0 re%ional0 an& lo$al %oernments
• Supporters – !lo"alization has "enete& so$ieties "y
helpin% to sprea& &emo$ra$y worl&wi&e
-Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
9/40
Impa$t on Culture
• ;pponents – #estroys $ultural &iersity – omo%enizes our worl&
– Banrupts lo$al small "usinesses• Supporters – Spe$ialize an& tra&e to o"tain other %oo&s – Import $ultural %oo&s from other nations – *rote$ts &eeper moral an& $ultural norms
Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
10/40
#is$ussion uestion – 3 *+4,
• What &oes the ei&en$e su%%est forea$h "ran$h of the &e"ate on%lo"alization an& in$ome ineJuality/
• ;n the ineJuality within nations &e"ate0 stu&ies su%%estthat &eelopin% nations $an "oost in$omes of their poorestmem"ers of so$iety "y inte%ratin% them into the %lo"ale$onomy.
• ;n the ineJuality "etween nations &e"ate0 it appears thatnations more open to tra&e an& inestment %row fasterthan wealthy nations0 while sheltere& e$onomies are worseo'.
• ;n the %lo"al ineJuality &e"ate0 it is %enerally a%ree& that%lo"al poerty has fallen in re$ent &e$a&es0 thou%h there is
&isa%reement on the e2tent of the &rop. 16Int. Business Summary M.M.Shawy115,615
8/16/2019 Summary of International Business_ Ch 1-4
11/40
International Business *layers*+45
• Multinational Corporation – Business that has &ire$t inestments a"roa&
in multiple $ountries
• Small Businesses an&
8/16/2019 Summary of International Business_ Ch 1-4
12/40
CrossCultural
Business2
•#es$ri"e $ulture an& e2plain the si%ni$an$e of national
$ulture an& su"$ultures
•I&entify the $omponents of $ulture an& &es$ri"e their
impa$t on international "usiness
•#es$ri"e $ultural $han%e an& e2plain how $ompanies
an& $ulture a'e$t ea$h other
•
8/16/2019 Summary of International Business_ Ch 1-4
13/40
What is Culture/ *+FF
• Set of alues0 "eliefs0 rules an& institutionshel& "y a spe$i$ %roup of people
• s own ethni$ %roup or$ulture is superior to that of others
• Cultural litera$y
– #etaile& nowle&%e of a $ulture thatena"les a person to fun$tion e'e$tielywithin it
13Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
14/40
#is$ussion uestion 1
• Why shoul& "usiness people tryto aoi& ethno$entri$ity an&
&eelop $ultural litera$y/s iews ofother $ultures an& $auses them tooerloo important human an&
enironmental &i'eren$es amon%$ultures. Cultural litera$y improes thea"ility of mana%ers to mana%eemployees0 &eelop an& maret
pro&u$ts0 an& $on&u$t ne%otiations in 14Int. Business Summary M.M.Shawy115,615
8/16/2019 Summary of International Business_ Ch 1-4
15/40
Components of Culture *+F-H
– 9estheti$s
– Kalues G attitu&es
– Manners G $ustoms
– So$ial stru$ture – 8eli%ion
– *ersonal $ommuni$ation
–
8/16/2019 Summary of International Business_ Ch 1-4
16/40
#is$ussion uestion ,
Customs &i'er from +++++++ in that they&ene appropriate ways or "ehaiors inspecifc situations.
a. Kalues ". 9ttitu&es
?$. Manners
1FInt. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
17/40
#is$ussion uestion 3
• ow &oes an un&erstan&in% of thespoen0 written0 an& "o&y lan%ua%e ina maret a"roa& $ontri"ute to
"usiness su$$ess/Lnowle&%e of a $ulture>s spoenan& written lan%ua%e %ies
international mana%ers insi%htinto why people thin an& a$t theway they &o.
1HInt. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
18/40
ofste&e 7ramewor *+-
• In&ii&ualism s. $olle$tiism
• *ower &istan$e
• n$ertainty aoi&an$e• 9$hieement s. nurturin%
• Don%term orientation
1-Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
19/40
#is$ussion uestion 4
Cultures with small ++++++++++++ ten& to&isplay %reater eJuality an& a more eJual&istri"ution of rewar&s.
a. In&ii&ualism?". *ower &istan$e
$. n$ertainty aoi&an$e
1Int. Business Summary M.M.Shawy
115,615
8/16/2019 Summary of International Business_ Ch 1-4
20/40
*oliti$s0 Daw0 an& Business
8/16/2019 Summary of International Business_ Ch 1-4
21/40
8/16/2019 Summary of International Business_ Ch 1-4
22/40
8/16/2019 Summary of International Business_ Ch 1-4
23/40
Int. Business Summary M.M.Shawy
ypes of *oliti$al 8is *+16F
• ConEi$t an& iolen$e
• errorism an& i&nappin%
• *roperty seizure• *oli$y $han%es
• Do$al $ontent reJuirements
,3115,615
8/16/2019 Summary of International Business_ Ch 1-4
24/40
Int. Business Summary M.M.Shawy
Mana%in% *oliti$al 8is
• 9&aptation
In$orporateris into
"usinessstrate%ies – *artnerships
– Do$alization
– #eelopmentassistan$e
– Insuran$e
• Information%atherin%!ather &ata to
"etter pre&i$t
an& mana%eris – Current
employeeswith releantinformation
– 9%en$iesspe$ializin%in politi$alris seri$es
• InEuen$elo$al politi$s*resent rm>s
iews on
politi$almatters – Do""yin%
• InEuen$in%lo$allawmaers
– Corruption• 7orei%n
Corrupt*ra$ti$es9$t
,4115,615
8/16/2019 Summary of International Business_ Ch 1-4
25/40
Int. Business Summary M.M.Shawy
#is$ussion uestion ,
In$orporatin% politi$al ris into "usinessstrate%ies "y mo&ifyin% operations0 thepro&u$t mi20 or some other "usiness
element is $alle& ++++++++++++.a. Spe$ialization
". !lo"alization
?$. Do$alization
,5115,615
8/16/2019 Summary of International Business_ Ch 1-4
26/40
Int. Business Summary M.M.Shawy
Ciil Daw
N #ates to8omantimes in thefth $entury
B.C.N 8ules an&
statutes$onstitute ale%al $o&e
N #enes allo"li%ations0responsi"ilities0 an&priile%es
heo$ra
ti$ Daw• De%altra&ition"ase& on
reli%ioustea$hin%s
• Islami$law0
Aewishlaw0 an&in&u law
Common
Daw• ra&ition
– nation>sle%alhistory
• *re$e&ent – past $ases
"efore the$ourts
• sa%e – how laws
areapplie&
P_112
,F115,615
8/16/2019 Summary of International Business_ Ch 1-4
27/40
Int. Business Summary M.M.Shawy
#is$ussion uestion – 3 *+115
• What are intelle$tual propertyri%hts an& what is their si%ni$an$eto "usiness/
• Intellectual property rights are le%al ri%htsto resour$es that result from intelle$tuala"ilities an& any in$ome these resour$es%enerate. Die other types of property0
intelle$tual property $an "e tra&e&0 sol&0an& li$ense& in return for fees an&orroyalty payments. Intelle$tual propertylaws are &esi%ne& to $ompensate peoplewhose property ri%hts are iolate&.
,H115,615
8/16/2019 Summary of International Business_ Ch 1-4
28/40
Int. Business Summary M.M.Shawy
So$ial 8esponsi"ility Issues
*+11N !o "eyon& le%al o"li%ations to "alan$e$ommitments to inestors0 $ustomers0$ommunities0 an& other $ompanies
N 7i%ht to eliminate "ri"ery an& $orruption
N Improe la"or $on&itions an& %uar& human ri%hts
N*ra$ti$e fair tra&e to help the &isa&anta%e&
N*rote$t the enironment an& $onsere resour$es
,-115,615
8/16/2019 Summary of International Business_ Ch 1-4
29/40
Int. Business Summary M.M.Shawy
#is$ussion uestion 4
he philosophy of "usiness ethi$s an&so$ial responsi"ility $oneye& "y thee2pression0 OWhen in 8ome0 &o as
the 8omans &o0P is $alle& the ++++++++++ iew.
a. 8i%hteous moralist
?". Cultural relatiist
$. tilitarian
,115,615
< i &
8/16/2019 Summary of International Business_ Ch 1-4
30/40
8/16/2019 Summary of International Business_ Ch 1-4
31/40
Int. Business Summary M.M.Shawy
8/16/2019 Summary of International Business_ Ch 1-4
32/40
Int. Business Summary M.M.Shawy
Centrally *lanne&
8/16/2019 Summary of International Business_ Ch 1-4
33/40
Int. Business Summary M.M.Shawy
Mi2e&
8/16/2019 Summary of International Business_ Ch 1-4
34/40
Int. Business Summary M.M.Shawy
Maret
8/16/2019 Summary of International Business_ Ch 1-4
35/40
8/16/2019 Summary of International Business_ Ch 1-4
36/40
8/16/2019 Summary of International Business_ Ch 1-4
37/40
Int. Business Summary M.M.Shawy
Classifyin% Countries *+156
N #eelope& Country – i%hly in&ustrialize&0 hi%hly e=$ient an& whose people
enoy a hi%h Juality of life
•
8/16/2019 Summary of International Business_ Ch 1-4
38/40
Int. Business Summary M.M.Shawy
#is$ussion uestion 3
___________ is the relative ability of two
countries% currencies to buy the same bas#et of
goods in those two countries. a. &roductivity
b. &urchasing &ower
*c. &urchasing &ower &arity
3-115,615
8/16/2019 Summary of International Business_ Ch 1-4
39/40
Int. Business Summary M.M.Shawy
#is$ussion uestion – 4 *+151
!hat is economic transition and what
are the remaining obstacles in post'
communist countries$
3115,615
8/16/2019 Summary of International Business_ Ch 1-4
40/40
I t B i S
9nswer to #is$ussion uestion 4
Economic transition inoles $han%in% a nation>sfun&amental e$onomi$ or%anization an& $reatin%new freemaret institutions.