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									                                         MGT 301

                       MGT 301 STUDY GUIDE – CHAPTER 4 *

                           “Managing in an Global Environment”

             Suggested areas and topics of study in preparation for Exam # 1

Corporate Culture and Emergent Behavior



Why is national isolationism out of vogue



Stages/levels of international business participation
    Domestic




      International



      Multinational



      Global


International Business Environment - 98


Getting started internationally - 93
    Exporting



      Licensing



      Direct investment
The effects of the emerging economies of China, India, and Brazil


How do economic, legal-political, and social-cultural environments affect the ability to
do business Legal-political



      Social-cultural




Importance of the exchange rate

Communication differences/problems
   High context

      Low context

Ethnocentrism

Cultural intelligences

International Trade Alliances

      GATT



      European Union



      NAFTA



      Others




Multinational Corp
Global Backlash




Cultural Intelligence



What happens with the basic business principles when doing business in foreign culture-
Lecture

								
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