GLOBAL BUSINESS ENVIRONMENT NAME INSTITUTION Influence of Global
GLOBAL BUSINESS ENVIRONMENT NAME INSTITUTION
Influence of Global markets on Organizations Hard Elements Business strategy dynamics Organizational structure Business systems Soft Elements Organizational shared values Skill endowment Staffing function Organizational style depicted by the behaviors of managers and other leaders
Governance of multinational organizations Governance and structuring of multinational organizations, from Coca Cola Company perspective Attaining Forging The global efficiency multinational flexibility need for worldwide learning
Influence of cultural differences on organizations Power Distance Index Individualism vs Collectivism Uncertainty avoidance Masculinity vs Femininity Long-term vs Short-term orientation Indulgence vs restraint
Ethical Considerations in global markets Good working standards and conditions Diversity Respect at the workplace and equal opportunity for human rights. Upholding environmental laws, cultural norms and political neutrality
Effective Decision Making on a global perspective Problem identification and recognition Decentralization Global of decision-making governance interventions
International Expansion Routes and Barriers Exporting Franchising and licensing Partnerships and common alliances Acquisitions Greenfield ventures
Global Market Influences Theories Comparative Marketing advantage myopia. Economies of scale and scope
Critical Analysis of Global strategies and Recommendations Global competition Market entry and domination National market characteristics and approaches
References Andonova, L. B. (2017). Governance entrepreneurs: International organizations and the rise of global public-private partnerships. Cambridge University Press. Bartley, T. (2018). Transnational corporations and global governance. Annual Review of Sociology. Abubakari, Z. , Wang, M. , & Paa-Grant, R. (2018, August). Hofstede-GLOBE inspired cultural dimensions: a review and application in international business research and cross-cultural strategy. In Proceedings of the 2018 International Conference on Information Management & Management Science (pp. 83 -88). Gerde, V. W. , & Michaelson, C. (2019). Global Perspectives on Business Ethics from the 40 th Anniversary Conference of the Hoffman Center for Business Ethics at Bentley University, 2016. Evans, M. (Ed. ). (2017). Policy transfer in global perspective. Taylor & Francis. Ekanem, I. , & Uwajeh, N. J. (2017). Transnational entrepreneurs and their global market entry modes. In Diasporas and Transnational Entrepreneurship in Global Contexts (pp. 130 -151). IGI Global. Forsgren, M. (2017). Theories of the multinational firm: A multidimensional creature in the global economy. Edward Elgar Publishing. Turnbull, L. , & Haddud, A. (2018). Exploring risk management strategies in global business environments. International Journal of Risk Assessment and Management, 21(4), 302 -331.
- Slides: 10