How can values, cultural competence, ethics, and understanding of international business best practices aligns with or differs from those of a MNC?
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How can values, cultural competence, ethics, and understanding of international business best practices aligns with or differs from those of a MNC?
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- The fundamental challenge of managing the global enterprise is assessing, interpreting, and reconciling the competing imperatives to do everything the same way everywhere versus doing everything differently given different demands in different locations. This contest is the sine qua non of management—whether expressed here in terms integation versus responsiveness, or as you likely seen elsewhere, efficiency versus effectiveness, standardization versus customization, maximization versus optimization, mechanistic versus organic, universal versus local, and so on. No matter the product provided or markets served, managers must continually find ways to navigate this dilemma. In Module 1, you interpreted this this issue in terms of the normative versus relativist ethical outlooks. Now, in Module 2, we look at this issue in terms of global integration versus responsiveness. Indeed, interpreting the tension between global integration and local responsiveness anchors and interpretation of…What are the factors and approaches that organizations can take when deciding to go global?Can a MNC impose techniques, strategies, policies and business procedures that are in effect at its home country with/on business partners in other countries?
- Advantages of Studying International Business Management?Discuss the need for ethics and social responsibility in multinational management, and why there are growing pressures on firms to act in an ethically and socially responsible manner in their global business operations.What are the ethical considerations when dealing with international business partners?
- List the ten principles of UN Global Impact to which businesses must agree. Select one global company and evaluate if you think the ten principles are reasonable and worthwhile for the company to follow.What is the scope and challenges of doing global business?How to avoid unethical behavior of international institution from the globe?
- A fundamental challenge of managing the global enterprise is assessing, interpreting, and reconciling the competing imperatives to do everything the same way everywhere versus doing thing different in different locations due to different conditions. This contest is the sine qua non of management—whether expressed in terms of integration versus responsiveness, or as you likely have seen elsewhere, normative versus relativist, cost leadership versus differentiation, efficiency versus effectiveness, standardization versus customization, maximization versus optimization, mechanistic versus organic, universal versus local, and so on. No matter the product provided or markets served, managers must continually find ways to navigate this dilemma. Quickly, to recap, global integration spurs managers to build the enterprise that sells the same thing, the same way, to everyone and anyone, here, there and everywhere. Managers, therefore, look to standardize any and all activities in order to…What are the key considerations for designing and implementing effective structures for international business operations?why is it important for international tech firms to be familair with the laws and regulations of the countries in which they operate?