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Group 2 - Managing Global Environment

This document discusses management in the global environment. It begins by defining global environment as an environment where organizations operate and compete in more than one country. It then discusses the importance of maintaining a global perspective in management. Specifically, it outlines three types of global attitudes: polycentric, geocentric, and ethnocentric. Additionally, the document outlines key aspects of understanding the global environment including regional trading blocs, global trade mechanisms like the WTO and IMF, different types of economic and legal/political environments, and cultural environments. Finally, it discusses different ways of doing business globally from multinational corporations to global sourcing.

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16 views20 pages

Group 2 - Managing Global Environment

This document discusses management in the global environment. It begins by defining global environment as an environment where organizations operate and compete in more than one country. It then discusses the importance of maintaining a global perspective in management. Specifically, it outlines three types of global attitudes: polycentric, geocentric, and ethnocentric. Additionally, the document outlines key aspects of understanding the global environment including regional trading blocs, global trade mechanisms like the WTO and IMF, different types of economic and legal/political environments, and cultural environments. Finally, it discusses different ways of doing business globally from multinational corporations to global sourcing.

Uploaded by

supsupaguilarshaine
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Group

MANAGING
GLOBAL
in

ENVIRONMEN
T
P R E S E N T E D B Y:
ROWENA SANTOS
RHEA SARMIENTO
M A RY J A N E TA L A D R O
What is management in Global
Environment

Global Perspective

Understanding the Global


Environment
Doing Busines Globally TABLE
References OF
WHAT IS
MANAGEMENT IN
GLOBAL
• In this borderless world, business is becoming a
ENVIRONMENT?
unified, global field.
• Global environment is an environment in
which organization work, perate, compete in
more than one country
HAT’S YOUR GLOBAL
PERSPECTIVE?
GLOBAL
PERSPECTIVE
A global management perspective is an attitude that a leader has toward global
applications of their position and business. No matter the size of a business, all
companies compete on a global scale. Each leader has a perspective concerning
how their management decisions affect the world. Keeping a global perspective
while managing employees can give a business more opportunities and offer
more incentives to prospective employees.

Monolingualism is one sign that a nation suffers from parochialism, which is


viewing the world solely through one’s own eye and perspective. It is the
significant obstacle for managers working in a global business world.
3 TYPES OF GLOBAL
ATTITUDE
POLYCENTRIC GEOCENTRIC ETHNOCENTRIC

Attitude is a world- Attitude is the


Attitude is the view the
oriented view that parochialistic belief that
managers in the host
focuses on using the best the best work
country (the foreign
approaches and people approaches and practices
country where the
from around the globe. are those of the home
organization is doing
country (the country in
business) know the best
which the company’s
work approaches and
headquarters are
practices for running
located).
their business.
UNDERSTAN
DING THE
GLOBAL
ENVIRONME
NT
Regional Training

• The Europeans Union • North America Free • Association of South


Trade East Asian Nation
(ASEAN)
-A union of 25 Europeans -An agreement among Mexican, -A trading alliance of 10
nations created as a unified Canadian, and U.S government South East Asian nations.
economic and trade entity. in which barriers to trade have
been eliminated
Global Trade Mechanism
• The World Trade Organization (WTO)
• International Monetary Fund

• The World Bank Group

• Organization for Economic Co-operation and


development
THE WORLD TRADE
ORGANIZATION
The WTO is the only global international
organization that deals with global rules of
trade between 161 countries around the
world.
INTERNATIONAL MONETARY
FUND
The international monetary fund (IMF) is an
international organization consisting of 189
countries working to foster global monetary
cooperation.
THE WORLD BANK GROUP

The world bank group (wbg) is a family of


five international organizations that make
leveraged loans to developing countries.
ORGANIZATION FOR ECONOMIC
CO-OPERATION AND
DEVELOPMENT
The international monetary fund (IMF) is an
international organization consisting of 189
countries working to foster global monetary
cooperation.
Types of environment
1. The Economical Environment
a. Market economy
b. Command economy

2. The Legal Political Environment

3. Cultural Environment
DOING BUSINESS
GLOBALLY
Different Types Of National
•Multinational Corporation
Organization
- A broad team term that refers to any and all types of international companies that
maintain operations.
•Multidomestic Corporation
- An international company that decentralized management and other decisions to
the local country.
•Global Company
- A multinational Corporation (MNC) that centralizes management and other
decisions in the home country.
Different Types Of National
•Transnational Corporations (TNCs) Organization
- An multinational Corporation that eliminates
artificial geographical barriers.
•Born Global
- Businesses that choose to go global from
inception.
Doing Business Globally
•Minimal Investment
- Global Sourcing
•Medium Investment
-Exporting - Importing
-Licensing
-Franchising
References
Jason Gordon (2023) Global Management Perspective
https://thebusinessprofessor.com/en_US/management-leadership-organizational-behavior/global-management-perspective

Culture Environment. UNacademy. 2023.


https://unacademy.com/content/neet-ug/study-material/biology/culture-environments/#:~:text=The%20cultural%20environment%20is%20a,%2C%20language
%2C%20and%20other%20elements.

Fabiola, W. (2015) International Business, Chapter 5.


https://slideplayer.com/slide/3479788/
THANK YOU!
^_^

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