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Chapter 2 management

chaper 2 management

QuestionAnswer
global village refers to the concept of a boundary less world where goods and services are produced and marketed worldwide.
multinational corporations Any type of international company that maintains operations in multiple countries.
multidomestic corporation An MNC that decentralizes management and other decisions to the local country where it's doing business.
global corporation An MNC that centralizes management and other decisions in the home country.
transnational or border less organization A structural arrangement for global organizations that eliminates artificial geographical barriers.
global sourcing Purchasing materials or labor from around the world wherever it is cheapest.
exporting Making products domestically and selling them abroad.
importing Acquiring products made them abroad and selling them domestically
licensing
global strategic alliance
joint venture
foreign subsidiary
parochialism
GLOBE
green management
social responsibility
social obligation
social responsiveness
Ethics
code of ethics
Workforce diversity
Gen Y
family friendly benefits
contingent workforce
Empowerment
continuous improvement
Kaizen
work process engineering
Created by: kaylie22
Popular Management sets

 

 



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