GMS 200 Lecture : lectue 1

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 200
• Professor: Shavin Malhotra

Document Summary

In a recent survey of ceos of forbes 100 largest multinationoal firms. what % believed that all business majors should take a course in glbal managemtn = 80% wat % felt graduates exoeriece in friegn languages, international aspects of international functions and business and/ or human relations outside the home country is improtant in makig hiring decision = 70% Focus: globl business environment organizations human behaviour, culture (managing, working with ppl) personality, group dynmics, leadership (factors) Look at system as whole sales go down system approach = look at whole (production, acc, wage leader: wage formula negotiated with united auto workers: 3% plus productivity and cost living. Introduce pentions, health insureance, joint training funs, fma benefits. other firms forced ot to match gm rising wages. more training: walmart largest us emplayer (1. 8 million pp) av wage 30% below naional av; 50% turnover.