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Definition
| The parochialistic belief that the best work approaches and practices are those of the home country |
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Definition
| The view that the managers in the host country know the best work approaches and practices for running their business |
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Definition
| A world-oriented view that focuses on using the best approaches and people from around the globe |
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Definition
| A global organization of 153 countries that deals with the rules of trade among nations |
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Term
| Multinational Corporation |
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Definition
| a broad term that refers to any and alltypes of international companies that maintain operations in multiple countries |
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| Multidomestic Corporation |
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Definition
| An international company that decentralizes management and other decisions to the local country |
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Definition
| An international company that centralizes management and other decisions in the home country |
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| Transnational (or borderless) organization |
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Definition
| A type of international company in which artificial geographic barriers are eliminated |
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| Global Sourcing (or Global Outsourcing) |
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Definition
| Purchasing materials or labor from around the world based on lowest cost |
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Definition
| Am agreement in which an organization gives another organization the right to make or sell its products, using its technology or product specifications |
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| A partnership between an organization and a foreign company partners in which both share resources and knowledge in developing new products or building production facilities |
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Definition
| A specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose |
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Definition
| A direct investment in a foreign country that involves setting up a separate and independent facility or office |
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Definition
| An economic system in which resources are primarily owned and controlled by the private sector |
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Definition
| An economic system in which all economic decisions are planned by a central government |
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Definition
| The Values and attitudes shared by individuals from a specific country that shape their behavior and beliefs about what is important. |
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Term
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Definition
| The global leadership and organizational Behavior effecivness research program, a program that studies cross-cultural leadership behaviors. |
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