What are some of the political systems that could impact MNCs?
What are some of the political systems that could impact MNCs?
June 30, 2020 Comments Off on What are some of the political systems that could impact MNCs? Uncategorized Assignment-helpCourse Material: International Management: Culture, Strategy, and BehaviorFred Luthans and Jonathan DohMcGraw-HillTenth Edition2017ISBN: 978-1-259-70507-6Required ResourcesTextbook: International Management: Culture, Strategy, and Behavior, Chapters 2 and 4Chapter Two describes political, legal, and technological environment changes in global markets that managers for multinational corporations (MNCs) are faced with daily. This chapter highlights the importance of social media and its impact on political and environmental changes around the developed and developing world. After reading this resource, you will be able to answer the following questions:What are some of the political systems that could impact MNCs?What are technological changes that impact the global industry?Chapter Four provides an introduction to the complex topic of cultural dimensions. It begins by the defining the meaning of culture and continues by describing cultural values and why these have a major impact on managerial decisions in multinational corporations (MNCs). After reading this resource, you will be able to answer the following questions:What are some of the social values that managers of MNCs have to take into account?What is the best way to integrate a global team?Global Edge: Get Insights by CountryThis website offers comprehensive statistical data for every country in the world. It is organized so that you can search by political, historical, and economic conditions. Upon selecting a country from the map, you will be directed to an introduction page, where you can select additional steps. The most beneficial part of the website for your Final Project Part I research is the country comparator, where you can compare two separate countries on multiple levels. Use this resource to answer the following questions:What is the basic statistical data for global markets?How do two global markets compare?CIA: The World Factbook https://www.cia.gov/library/publications/the-world-factbook/This resource provides comprehensive information on all countries, including information on politics and economy. You should use this resource to support the Module One Worksheet assignment. After reviewing this resource, you will be able to answer the following questions:What are the economic indicators for global countries?What are the political systems in global countries?Video: Push Your Team to Think Globally (5:12) https://hbr.org/video/2363593490001/push-your-team-to-think-globallyThis interesting video is an interview with Frits van Paasschen, president and CEO of Starwood Hotels & Resorts, where he explains the importance of global management. He explains a pilot program where the management team moved to a different global market for a month in order to learn about the culture and highlight the importance of a global mindset. As you view this video, think about the following:Is there still truly an intentional mindset?Why is it important to be familiar with consumers in mature and developing markets?Additional Support (Optional)Textbook: International Management: Culture, Strategy, and Behavior, Chapter 1Chapter 1 provides an overview of the common globalization facts and knowledge. It examines how interconnectedness changes the way global managers have to approach organizational cultures and adjust their management styles based on the culture they are operating in. After reviewing this resource, you will be able to answer the following questions:Why is social media an important tool for global managers?What are some of the global economic systems and how this information supports global managerial decision making?Video: Becoming an Effective Global Manager (20:21) —https://sk.sagepub.com/video/becoming-an-effective-global-managerThis video discusses the global skills that you need in order to be a successful international manager.Assignment: In this first discussion, you will get to know your classmates. Describe where you are in your program and what you hope to get out of this course How will this course assist you in meeting your current or future career goals? You should also share some of the following information:In your opinion, why do managers need knowledge of how to manage multinational teams? Consider that the majority of large corporations are global, and employees and managers alike work with peers across different countries and continents.What is your current knowledge of the factors involved in managing multinational teams?What do you think would be the biggest challenge in managing a multinational team in terms of communication?Little bit about myself: I’m in a senior year in school, I transferred from Westcon and this is my second year. My major is business administration concentrated with accounting and my minor degree is project management. Also I need to response posts, provide a comment or question for you peers to consider as they begin to work through Module One.