GMS 693 Lecture Notes - Lecture 5: Northern Ireland Peace Process, Good Friday Agreement, Queen Elizabeth 2

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 693
• Professor: Michael Manjuris

Document Summary

Identify international competitive factors and entry strategies: expand their knowledge of the inherent complexities of doing business in europe. In order to consider the implication of a global marketplace, managers need to understand the rules and practices of world trading blocks. The natural and importance of the global economy. International trade is the exchange across national boundaries of goods for money or other goods. o it has expanded tenfold over the last decade. International management is the process of management when conducted across national lines: lines of communication and transportation are extended. How do management practices and learning transfer across cultures. Global managers successfully apply the management functions of planning, controlling, organizing, and leading across international boundaries: planning and controlling involves political risk. Political risk is the potential loss of one"s involvement in or managerial control over a foreign asset because of political changes in the host country.