MG 210 Study Guide - Quiz Guide: Joint Venture, Global Sourcing, Operations Management
Document Summary
Integrative managerial issues: purchasing materials or labor form around the world wherever it is cheapest. Different types of global organizations: mullet national corporations (mnc) Any type of international company that maintains operations in multiple countries: multidomenstic corporations. An mnc that decentralizes management and other decisions to the local country where its doing business. Rely on local employees to manage the business. Tailor strategies to each countries unique characteristics. Used by many consumer product companies: transnational (borderless) organizations. A structured arrangement for global organizations that eliminated artificial groegrapic barriers. Country of origin or where business is conducted becomes irrelevant. Increases efficiency and effectiveness in a competitive global market: global corporations. An mnc that centralizes management and other decisions in the home country. World market is treated as an integrated whole. Focus is on control and global efficiency. Exporting: making product domestically and selling them abroad. Importing: acquiring products made abroad and selling them domestically.
