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Textbook Notes for GMS 520 at Ryerson University

RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 5: High Tech, Pharmaceutical Industry

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Partnerships between 2+ irms, decide if can add resources for mutual goals ($, tech, managerial, also distinct competitive advantages) Alliances called
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 3: Risk Aversion, Decision-Making

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Management must prepare for strategic negotiations, negotiate operational details, etc. Failing to negotiate properly = confusion at best, at worst los
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 7: Ethnocentrism, Bombardier Talent 2, Society For Human Resource Management

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Challenges in assigning, recruiting, retaining managers to maintain ops in emerging markets where demand outstrips supply. Other challenges: growing wo
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 6: Videotelephony

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Need reporting systems to ensure actual meets goals, preempt problems. Transnational network structure might centralize decisionmaking to key network n
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 7: U.S. Route 3, Sensitivity Training, Extraversion And Introversion

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Factors specific to subsidiary, e. g. duration of foreign ops, technology, production and marketing techniques. Host country factors, e. g. economic, t
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 3: Contingency Management, Trans-Cultural Diffusion, Parochialism

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Cultural intelligence: outsider"s seemingly natural ability to interpret person"s unfamiliar/ambiguous gestures in a way that person"s compatriots and
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 1: South Asian Association For Regional Cooperation, Free Trade, U.S. Route 3

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Gms 520 week 2 reading: the global business environment. 2012: top 2 risks identified for business leaders and policymakers: severe income disparity, c
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 4: Quality Control, Rescission, Food Industry

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Objectives: both guide formulation of internal corp strategy. Objective of international ailiates should also be part of global corp strategic objectiv
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 6: Risk Aversion, Decision-Making, Global Sourcing

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Remember to do inancial/bg check on health and future of partner, get references, have backup partners ready. Often expand to developed because need sp
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 8: Market Saturation, Emerging Markets

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Emerging market companies need to redefine their family-based governance and rigid control systems. Org. design needs to take size, environment and app
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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 4: Strategic Management, Small Business, Pharmaceutical Industry

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RYERSONGMS 520Glenn AsanoWinter

GMS 520 Chapter Notes - Chapter 2: Mexican Peso, Retail, Intranet

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In class worksheet: swot analysis: method of competitive analysis. Evaluated strengths, weaknesses, opportunities and threats of a venture or business
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