Managing in the Global Economy 1st Edition by Luciara Nardon, Richard Steers – Ebook PDF Instant Download/Delivery: 0765615517, 978-0765615510
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Product details:
ISBN 10: 0765615517
ISBN 13: 978-0765615510
Author: Luciara Nardon, Richard Steers
This definitive text will bring a new level of professionalism to courses in International Management. Truly global in focus, it is a comprehensive primer on the challenges and prospects of international management, with a particular emphasis on developing global managers who are skilled in economics, strategy, and general management. In addition, the authors help readers develop an in-depth understanding of the role of cultural differences in managerial effectiveness. The text is divided into three parts: the emerging global economy; culture, organization, and strategy; and managing global operations. Management topics include: organizing for international business, global business strategy, building strategic alliances, international negotiations, global staffing, managing a competitive workforce, TQM and employee involvement, and managing multicultural teams. Throughout the text, the authors integrate current conceptual materials on global management with in-depth country analyses and real-world business examples. Each chapter begins with an opening case vignette (from countries around the world) and concludes with a list of key terms and in-depth exercises (Global Manager’s Workbook). The text also provides country ratings for 50 countries on economic activity, political risk, and cultural differences, as well as a 35 item instrument for students to measure their own cultural awareness
Managing in the Global Economy 1st Table of contents:
Part I The Emerging Global Economy
1 Managing in the Global Economy: An Introduction
Importance of Global Business
Factors Influencing Global Business: An Organizing Framework
The Global Manager
The Road Ahead
Key Terms
Global Manager’s Workbook 1.1: Are Management Styles Converging?
Global Manager’s Workbook 1.2: Special Assignment—Romania
Notes
2 Challenges and Prospects of Globalization
Outsourcing to India
Challenges of Globalization
Stages in Globalization
The Globalization Enigma
Local Politics, Global Business
Free Trade versus Managed Trade
The Global Corporate Elite
Globalization: A Point of View
Lexus and the Olive Tree
Globalization 3.0
Key Terms
Global Manager’s Workbook 2.1: Globalization and You
Global Manager’s Workbook 2.2: Meeting the Globalization Challenge
Notes
3 Economic Foundations of Global Business
Slovakia’s Emerging Automobile Industry
Economic Environment and Global Competition
Country Competitiveness
Productivity
Competition Between Nations
Mercantilism
Theory of Absolute Advantage
Theory of Comparative Advantage
Theory of Relative Factor Endowments
Product Life Cycle Theory
Competition Among Firms and Industries
New Trade Theory
Theory of National Competitive Advantage
Competitive Advantage in the Brazilian Shoe Industry
Institutional Influences on Trade and Economic Development
World Bank
International Monetary Fund
World Trade Organization
Organization for Economic Cooperation and Development
G-7 and G-8
International Labor Organization
Developing Global Economic Literacy
Key Terms
Global Manager’s Workbook 3.1: Honduran Textile Trade
Global Manager’s Workbook 3.2: World Trade Organization
Notes
4 National Trade Policy and Competitive Advantage
Singapore’s Drive for Economic Prosperity
Rationale for National Trade Intervention
National Defense
Infant Industries
Local Employment
Strategic Industries
Strategies for National Economic Development
Industrial Policy and Economic Development: The Case of Japan
Barriers to International Trade
Tariff Barriers
Nontariff Barriers by Exporting Countries
Nontariff Barriers by Importing Countries
International Trade Promotion
Government Subsidies
Foreign Trade Zones
Export Financing Programs
Combating Unfair Trade Practices
Countervailing Duties
Antidumping Regulations
Super 301
Key Terms
Global Manager’s Workbook 4.1: Culture and Industrial Policy
Global Manager’s Workbook 4.2: Celtic Tiger
Notes
5 Legal and Political Foundations of Global Business
Seeking Political Favors in Nigeria
Legal Environment of Global Business
Legal Systems Around the World
Basic Precepts of International Law
The Darker Side of Global Business
Political Corruption
The Underground Economy
Laws and Conventions on Bribery and Corruption
Political Risk in Foreign Investments
Macro- versus Micropolitical Risks
Types of Political Risk
Political Risk Assessment
Managing Political Risk
Risk and Opportunity in Azerbaijan
Social Responsibility in Global Business
Economic Development
Social Justice
Environmental Quality and Sustainability
Key Terms
Global Manager’s Workbook 5.1: Leveling the Playing Field
Global Manager’s Workbook 5.2: Manufacturing in Underdeveloped Countries
Notes
6 Economic Integration and Regional Trading Blocs
Poland Joins the European Union
Rationale for Regional Economic Integration
Degrees of Regional Economic Integration
Free Trade Area
Customs Union
Common Market
Economic Union
Political Union
Nafta and the Maquiladora Program
Maquiladora Program
The European Union
NAFTA Versus the European Union
Political Structure of the European Union
Economic Structure of the European Union
European Union and the Workplace
Other Benefits of EU Membership
Future of The European Union
Key Terms
Global Manager’s Workbook 6.1: Future of Nafta
Global Manager’S Workbook 6.2: Future of the European Union
Notes
Part II Culture, Organization, and Strategy
7 Cultural Foundations of Global Business
A Story of Two Cows
Understanding Cultural Differences
Definition of Culture
Characteristics of Culture
Inside China: A Study in Culture
Confucius and the Five Cardinal Virtues
Sun Tzu and the Art of War
Guanxi and Social Exchange
Chinese Family Business and the Gong-si
A New Generation of Chinese Managers
The Culture Theory Jungle
Hall’s Cultural Dimensions
Hofstede’s Cultural Dimensions
Trompenaars’s Cultural Dimensions
GLOBE’s Cultural Dimensions
Comparing Models of National Cultures
Key Terms
Global Manager’s Workbook 7.1: Promontory Point
Global Manager’s Workbook 7.2: Dining Out in Lougang
Questions for Discussion
Notes
8 Assessing Cultural Differences
Made in USA
Navigating the Culture Theory Jungle
Reframing Culture: A “Big Five” Approach
Relationship with the Environment: Mastery versus Harmony
Social Organization: Individualism versus Collectivism
Power Distribution: Hierarchical versus Egalitarian
Rule Orientation: Rule-Based versus Relationship-Based
Time Orientation: Monochronic versus Polychronic
Assessing Cultural Differences
Assessing National Cultures
Assessing Personal Values
Mapping Cultural Distances
Step 1. Home Country Profile
Step 2. Host Country Profile
Step 3. Estimating Cultural Distance
Step 4. Personal Values Survey
Key Terms
Global Manager’s Workbook 8.1: Personal Values Survey
Personal Values Survey
Scoring Procedure
Scoring Key
Interpreting the Results
Global Manager’s Workbook 8.2: Mapping Cultural Distances
Notes
9 Organizing for Global Business
All in the Family, Japanese-Style
Organizing for Global Competition
Domestic Organization Designs
Global Organization Designs
Culture, Organization, and Management: Inside the Japanese Keiretsu
Western Versus Japanese Approaches to Organization and Management
Institutional Differences and Competitive Strategies
Types of Keiretsu Structures
Horizontal Keiretsu
Vertical Keiretsu
Competitive Advantage at Kirin Brewery
Management in a Japanese Keiretsu
Human Resources Management Practices
Ringi-sei Decision Process
Enterprise Unions and Labor Relations
Key Terms
Global Manager’s Workbook 9.1: Organizing in the United States and Japan
Global Manager’s Workbook 9.2: Reinventing Nissan
Questions for Discussion
Notes
10 Developing Global Business Strategies
Wal-Mart Goes to Mexico
Culture and Strategy: Wal-Mart, Carrefour, and Aldi
Strategies for Global Competition
International Strategy
Multidomestic Strategy
Global Strategy
Transnational Strategy
Strategies for Market Entry
Location Decisions
Mode of Entry Decisions
Doing Business in Mexico: Inside the Mexican Grupo
The Mexican Business Environment
Mexican Culture and Social Patterns
Organization and Management in Mexico
Key Terms
Global Manager’s Workbook 10.1: Mexican Coke
Global Manager’s Workbook 10.2: Embraer
Notes
11 Building Global Strategic Alliances
Korean Firms Capitalize on Strategic Alliances
Types of Global Strategic Alliances
Equity Alliances
Nonequity Alliances
Organizing Global Strategic Alliances
Benefits of Strategic Alliances
Ease of Market Entry
Shared Knowledge
Synergistic Payoffs
Drawbacks of Strategic Alliances
Conflicting Goals
Lack of Openness or Trust
Disagreement Over Income Distribution
Loss of Local Control
Changing Circumstances
Managing Strategic Alliances: Inside the Spanish Empresa
Spanish Culture and Social Patterns
Organization and Management in Spain
Managing Strategic Alliances: Inside the Korean Chaebol
Korean Culture and Social Patterns
Organization and Management in Korea
Key Terms
Global Manager’s Workbook 11.1: Secoinsa
Questions for Discussion
Global Manager’s Workbook 11.2: AmKor Technologies
Creation of AmKor Technologies
Key Personnel and Organization
Problems at Work
Davenport’s Decision
ABI’s Dilemma
Notes
12 Strategies for International Negotiation
General Electric Meets Mitsubishi
Steps in International Negotiation
Preparation
Building the Relationship
Exchanging Information and First Offers
Persuasion
Concessions and Agreement
Basic Negotiating Strategies
Strategies for Successful International Negotiation
Negotiating with the Japanese: Inside the Japanese Keiretsu
Negotiating with Brazilians: Inside the Brazilian Empresa
Brazilian Culture and Social Patterns
Organization and Management in Brazil
Negotiating Strategies in Brazil
Brazilian Versus Japanese Negotiating Styles
Key Terms
Global Manager’s Workbook 12.1: Negotiating in Japan
Global Manager’s Workbook 12.2: Inbev
Notes
Part III Managing Global Operations
13 Staffing Global Operations
Unilever Goes to Brazil
The International Staffing Challenge
International Staffing Models
Ethnocentric Staffing Model
Polycentric Staffing Model
Regiocentric Staffing Model
Global Staffing Model
Host-Country Nationals
Problems and Prospects of Host-Country Nationals
Developing Global Managers at Gillette
Expatriate Managers
Problems and Prospects of Expatriate Managers
Selecting Expatriates for Overseas Assignments
Managing Cultural Adaptation
Culture Shock
Stages of Culture Shock
Coping with Culture Shock
Managing Cultural Adaptation at Royal Dutch/Shell
Managing Repatriation
Key Terms
Global Manager’s Workbook 13.1: Gillette’s International Training Program
Global Manager’s Workbook 13.2: Amstel Engineering
Notes
14 Managing a Competitive Global Workforce
Lincoln Electric’s Incentive System
Culture and Work Behavior
Personal Work Values
Incentives and Rewards
Social Loafing and Group Performance
Work and Leisure
Executive Compensation
Motivation Across Cultures
Culture, Motivation, and Performance
Motivational Strategies
Leadership Across Cultures
Cultural Differences and the Managerial Role
Leadership Strategies
Keys to Successful Global Leadership
Key Terms
Global Manager’s Workbook 14.1: Personal Work Values
Global Manager’s Workbook 14.2: Lincoln Electric Goes International
Questions for Discussion
Notes
15 Managing Total Quality and Employee Involvement
Is Siemens Still German?
Quality and Competitive Advantage
Employee Involvement and Quality
Strategies for Total Quality Management
Statistical Process Control
Benchmarking
Automation
Process Simplification
Technological Complexity
TQM and Codetermination: Inside the German Konzern
German Culture and Social Patterns
Organization of German Business Firms
Competitive Strategies of Mittelstand Firms
Basis of German Engineering
Labor Relations and Codetermination
Codetermination at Volkswagen AG
Key Terms
Global Manager’s Workbook 15.1: Skoda-Volkswagen Alliance
Questions for Discussion
Global Manager’s Workbook 15.2: TQM around the World
Notes
16 Managing Multicultural Teams
Teamwork at Real Madrid
Role of Multicultural Teams
Promises and Pitfalls of Multicultural Teams
Creating Successful Multicultural Teams
Strategies for Managing Multicultural Teams
Managing Multicultural Teams: Inside the French Société
French Culture and Social Patterns
Organization and Management in France
Managing Multicultural Teams: Inside the Malaysian Bumiputra Firm
Malaysian Culture and Social Patterns
Organization and Management in Malaysia
Key Terms
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