跨文化资料整理.docVIP

International Management: Culture, Strategy and Behavior T/F 10*1 mark=10marks Multiple Choice 10*2 mark=20marks Short-answer 3(5)*10 mark=30marks Essay 3(2)*20 mark=40marks Hint:The final exam grades only take up the 40% of the real last grades,20%discussion,40%the mid-term exam grades Key point Chapter 1 Globalization and International Linkages 1. International Management 1) International management process: Applying management concepts and techniques in a multinational environment; Adapting management practices to different economic, political, and cultural environments. 2) Multinational corporation (MNC): Operations in more than one country International sales Nationality mix of managers and owners Globalization and Internationalization Outsourcing The subcontracting or contracting out of activities to endogenous organizations that had previously been performed by the firm. Offshoring The process by which companies undertake some activities at offshore locations instead of in their countries of origin. 3)Benefits of Globalization: wealth, jobs, technology, lower prices. 4)Criticisms of Globalization: off-shoring of business service jobs to lower-wage countries; growing trade deficits; slow wage growth; environmental and social impacts. Global and Regional Integration(TForCH) Global Agreements: World Trade Organization (WTO) (General Agreement on Tariffs and Trade (GATT)) Regional Agreements: North American Free Trade Agreement (NAFTA) U.S.-Central American Free Trade Agreement (CAFTA) European Union (EU) Association of Southeast Asian Nations (ASEAN) Free Trade Agreement of the Americas (FTAA) Shifting landscape due to: ?Economic integration ?Economic potential of emerging markets Trends in International Investments and Trade International investment International trade International Economic Power in the Global Economy Market Economy A market economy exists when private enterprise res