After studying this chapter you will be able to understand: Type of international organizations, how organizations go global? global environment & issues, hofstede’s cultural dimensions, challenges & risks. | Introduction to Management LECTURE 9: Introduction to Management MGT 101 1 Introduction to Management In lecture 8 we discussed Topics from Chapter 4: The Global Marketplace Regional Trade Blocks World Trade Organization 2 Introduction to Management Today in Chapter 4 we will discuss Type of International Organizations. How Organizations go Global? Global Environment & Issues Hofstede’s Cultural dimensions Challenges & Risks 3 Introduction to Management (Chapter 4) Chapter 4: Managing in a Global Environment 4 Introduction to Management (Chapter 4) Types of International Organizations 5 Introduction to Management (Chapter 4) 6 Multinational Corporation (MNC) Maintains operations in multiple countries. Introduction to Management (Chapter 4) 7 Multidomestic Corporation Is an MNC that decentralizes management and other decisions to the local country. Introduction to Management (Chapter 4) 8 Global Company Is an MNC that centralizes its management and other decisions in the home country. Introduction to Management (Chapter 4) 9 Transnational Corporation (Borderless Organization) Is an MNC that has eliminated structural divisions that impose artificial geographic barriers and is organized along business lines that reflect a geocentric attitude. Introduction to Management (Chapter 4) 10 International New Ventures (INVs) Commit resources upfront (material, people, financing) to doing business in more than one country. 11 Introduction to Management (Chapter 4) How Organizations Go Global ? 12 Introduction to Management (Chapter 4) 13 Introduction to Management (Chapter 4) 14 Strategic Alliances Partnerships between and organization and a foreign company in which both share resources and knowledge in developing new products or building new production facilities. Introduction to Management (Chapter 4) 15 Joint Venture A specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose. Introduction to . | Introduction to Management LECTURE 9: Introduction to Management MGT 101 1 Introduction to Management In lecture 8 we discussed Topics from Chapter 4: The Global Marketplace Regional Trade Blocks World Trade Organization 2 Introduction to Management Today in Chapter 4 we will discuss Type of International Organizations. How Organizations go Global? Global Environment & Issues Hofstede’s Cultural dimensions Challenges & Risks 3 Introduction to Management (Chapter 4) Chapter 4: Managing in a Global Environment 4 Introduction to Management (Chapter 4) Types of International Organizations 5 Introduction to Management (Chapter 4) 6 Multinational Corporation (MNC) Maintains operations in multiple countries. Introduction to Management (Chapter 4) 7 Multidomestic Corporation Is an MNC that decentralizes management and other decisions to the local country. Introduction to Management (Chapter 4) 8 Global Company Is an MNC that centralizes its management and other decisions in the home country.
