Stages of Going GlobalStagellIStage IStage IIEstablishedInternationalPassiveResponseInitial Overt EntryOperationsForeignsubsidiaryJointventuresHiring foreignExportingRepresentationorto foreignLicensingContracting withcountriesfranchisingForeign manufactures
Stages of Going Global StageⅠ Passive Response StageⅡ Initial Overt Entry StageⅢ Established International Operations Exporting to foreign countries Hiring foreign Representation or Contracting with Foreign manufactures Licensing/ franchising Joint ventures Foreign subsidiary
Four Dimensions of National CultureLndividualism versus collectivismPowerdistanceUncertaintyavoidanceQuantityversus qualityof life
Four Dimensions of National Culture Individualism versus collectivism Power distance Uncertainty avoidance Quantity versus quality of life
Chapter3Today's EnvironmentManagers FacingThe changing economyGlobalizationEmphasis on technologySocial responsibility and managerial ethicsHow do organizations make the customer king?
Chapter 3 Today’s Environment Managers Facing The changing economy Globalization Emphasis on technology Social responsibility and managerial ethics How do organizations make the customer king?
Emphasis on TechnologyTechnology and technological advancesTechnology includes any equipment, tools, or operatingmethods that aredesignedto.makemore efficient.Technologicaladvancesinvolve the integrationQtechnology into aprocess for changing inputs into outputs.E-commerceE-commerce involves: any computer transaction thatoccurs when data are processed and transmitted over theInternet.It includes three models:Bto B,Bto C,CtoCTechnologyalteringways of jobs
Emphasis on Technology Technology and technological advances Technology includes any equipment, tools, or operating methods that are designed to make more efficient. Technological advances involve the integration of technology into a process for changing inputs into outputs. E-commerce E-commerce involves any computer transaction that occurs when data are processed and transmitted over the Internet. It includes three models: B to B, B to C, C to C. Technology altering ways of jobs
Technology Altering Ways of JobsIT has enhanced a manager's ability to more effectively andefficiently perform the four primary activities associated withamanager's jobWith the wide application ofIT, work sites tend to be decentralizedManagers are meeting two of biggest challenges :Effectively communicatingwith individuals in remotelocationsEnsuringobjectivesattainment
Technology Altering Ways of Jobs IT has enhanced a manager’s ability to more effectively and efficiently perform the four primary activities associated with a manager’s job. With the wide application of IT, work sites tend to be decentralized. Managers are meeting two of biggest challenges : ❖ Effectively communicating with individuals in remote locations ❖ Ensuring objectives attainment