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1、主讲人:,Contrast ethnocentric, polycentric, and geocentric attitudes toward global business Discuss the importance of regional trading alliances and global trade mechanisms Describe the structures and techniques organizations use as they go international Explain the relevance of the political/legal, ec
2、onomic, and cultural environments to global business,Whats Your Global Perspective?,Parochialism - viewing the world solely through your own perspectives, leading to an inability to recognize differences between people. Ethnocentric Attitude - the parochialistic belief that the best work approaches
3、and practices are those of the home country.,More Global Perspectives,Polycentric Attitude - the view that the managers in the host country know the best work approaches and practices for running their business. Geocentric Attitude - a world-oriented view that focuses on using the best approaches an
4、d people from around the globe.,Trading Alliances,European Union (EU) - a union of 27 European nations created as a unified economic and trade entity Euro - a single common European currency,Exhibit 3-1: European Union Map,Trading Alliances (cont.),Nations (ASEAN) - a trading alliance of 10 Southeas
5、t Asian nations. North American Free Trade Agreement (NAFTA) - an agreement among the Mexican, Canadian, and U.S. governments in which certain barriers to trade have been eliminated.,Exhibit 3-1: ASEAN Map,Global Trade Mechanisms,World Trade Organization (WTO) - a global organization of 153 countrie
6、s that deals with the rules of trade among nations. International Monetary Fund (IMF) - an organization of 185 countries that promotes international monetary cooperation and provides advice, loans, and technical assistance.,Global Trade Mechanisms (cont.),World Bank Group - a group of five closely a
7、ssociated institutions that provides financial and technical assistance to developing countries. Organization for Economic Cooperation and Development (OECD) - an international economic organization that helps its 30 member countries achieve sustainable economic growth and employment.,Types of Inter
8、national Organizations,Multinational Corporation (MNC) - a broad term that refers to any and all types of international companies that maintain operations in multiple countries. Multidomestic Corporation - an MNC that decentralizes management and other decisions to the local country.,Types of Intern
9、ational Organizations (cont.),Global Company - an MNC that centralizes management and other decisions in the home country. Transnational or Borderless Organization - an MNC in which artificial geographical barriers are eliminated.,How Do Organizations Go Global?,Global Sourcing - purchasing material
10、s or labor from around the world wherever it is cheapest. Exporting - making products domestically and selling them abroad.,Going Global (cont.),Importing - acquiring products made abroad and selling them domestically. Licensing - an organization gives another organization the right to make or sell
11、its products using its technology or product specifications. Franchising - an organization gives another organization the right to use its name and operating methods.,Going Global (cont.),Strategic Alliance - a partnership between an organization and one or more foreign company partner(s) in which b
12、oth share resources and knowledge in developing new products or building production facilities. Joint Venture - a specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose.,Going Global (cont.),Foreign Subsidiary - directly
13、 investing in a foreign country by setting up a separate and independent production facility or office.,Exhibit 3-3: How Organizations Go Global,The Economic Environment,Free Market Economy - an economic system in which resources are primarily owned and controlled by the private sector. Planned Econ
14、omy - an economic system in which economic decisions are planned by a central government.,The Cultural Environment,National Culture - the values and attitudes shared by individuals from a specific country that shape their behavior and beliefs about what is important. Global Leadership and Organizati
15、onal Behavior Effectiveness (GLOBE) program - a research program that studies cross-cultural leadership behaviors.,Exhibit 3-4: What Are Americans Like?,Exhibit 3-5: Hofstedes Five Dimensionsof National Culture,Exhibit 3-6: Globe Highlights,Contemporary Issues,Cultural Intelligence - cultural awaren
16、ess and sensitivity skills. Global Mind-Set - attributes that allow a leader to be effective in cross-cultural environments.,Exhibit 3-7: A Global Mindset,Terms to Know,World Bank Group Organization for Economic Cooperation and Development (OECD) Multinational corporation (MNC) Multidomestic corpora
17、tion Global company Transnational or borderless organization Global sourcing Exporting Importing Licensing,Parochialism Ethnocentric attitude Polycentric attitude Geocentric attitude European Union (EU) Euro North American Free Trade Agreement (NAFTA) Association of Southeast Asian Nations (ASEAN) World Trade Organization (WTO) International Monet
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