MGT 200 Lecture Notes - Lecture 5: Future Orientation, Parochialism, Global Sourcing
22 Sep 2016
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What does it mean to be global: marketplace/capital globalization, use mgmt. techniques/talent, financial globalization. How do organizations go global? (minimal to significant investment/risk: global sourcing, exporting/importing, licensing, franchising, strategic alliance/joint venture, foreign subsidiary. Any type firm that maintains operations in multiple countries. 3 types: multi domestic corporation-run from multiple countries, transnational corporation-ignores borders, global corporation-run from one country. Managers see things only through their eyes and perspective. Ignore that countries have different: morals, customs, values, laws, political/econ systems. Globe- global leadership and organizational behavior effectiveness. 2: gender differentiation, uncertainty avoidance, power distance. In-group collectivism- pride in family, org, friends: humane orientation. Plan to do the right thing for society beyond obligations. Ethics = rules/principles that define right from wrong. Managers and views of ethics: utilitarian view- based on outcomes, greatest good for majority, rights view- don"t interfere with rights of others, theory of justice view. Code of ethics- guide behavior, allow judgement, integrated with culture.
