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Operate and compete in more than one country
Global organization is a part of Global Environment |
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| Set of conditons that operate beyond an organizations boundries but affect a manager's ability use resorces and get resorces. |
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| Forces in the Global Enviroment |
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•Wide-ranging global, economic, technological, sociocultural, demographic, political, and legal forces that affect an organization and its task environment |
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Task Enviroment
Individuals and organizations that provide an organization with the input resources that it needs to produce goods and services |
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Task Enviornment
Purchase or production of inputs or final products from overseas suppliers to lower costs and improve product quality or design |
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| Set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization’s ability to obtain inputs and dispose of its outputs because they influence managers daily |
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Task Enviornment
Organizations that help other organizations sell their goods or services to customers |
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Task Enviorment
Individuals and groups that buy the goods and services that an organization produces |
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Task Enviornment
•Organizations that produce goods and services that are similar to a particular organization’s goods and services |
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| Barriers to Entry and competition |
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Economies of scale / Brand Loyalty
Create barries to entry
That deter potential competitors
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General Environment
Interest rates, inflation, unemployment, economic growth, and other factors that affect the general health and well-being of a nation or the regional economy of an organization |
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General Environment
Changes in the technology that managers use to design, produce, or distribute goods and services |
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General Enviroment
Pressures emanating from the social structure of a country or society or from the national culture |
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General Enviornment
Changes in population characteristics such as age, gender, ethnic origin, race, sexual orientation, and social class |
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| Political and legal forces |
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General Enviornment
Changes in laws and regulations, such as the deregulation of industries, the privatization of organizations, and increased emphasis on environmental protection |
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•The set of specific and general forces that work together to integrate and connect economic, political, and social systems across countries, cultures, or geographic regions •Economic advances associated with globalization result from 4 capital flows - Human, Financial, Resource, Political: Global enviornment |
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Declining Barriers
Trade and investment |
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Free-trade doctrine: Idea that, if each country specializes in the production of the goods and services that it can produce most efficiently, this will make the best use of global resources |
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Declining Bariers
Distance and culture |
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Advances in communications and transportation technology has reduced the barriers of distance and culture |
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| Effects of free Trade on Managers |
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•Declining trade barriers
•Has created enormous opportunities for companies to expand the market for their goods and services through exports and investments in countries overseas
•The growth of regional trade agreements such as NAFTA and CAFTA presents opportunities and threats for managers and their organizations |
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| Hofstede's Model of national culture |
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