Chapter One
The process of working with and through others to achieve organizational objectives in a changing environment.
Management
convenient description of the production-oriented area of management dedicated to improving efficiency, cutting waste, and improving quality
Operational Approach
Should be viewed as a single economy, rather than trade among countries
Global economy
The Internationationalization process has this many steps
Six
The pursuit of organizational objectives in international and intercultural settings
International Management
Structural considerations such as the chain of command, division of labor, and assignment of responsibility are part of the organizing function.
Organization
an approach to psychology that focuses on how one's environment and how external stimuli affect a person's mental states
Behavioral Approach
Employers rely on these type of workers because they are paid at lower rates with fewer benefits and also can be easily dismissed in times of hardship for the organization
Part-time workers
A multinational venture centrally managed from a specific country
A global company
This team is Rob's favorite baseball team
Cincinnati Reds
Managers become inspiring leaders by serving as role models and adapting their management style to the demands of the situation.
Leading
a management theory that suggests the most appropriate style of management is dependent on the context of the situation and that adopting a single, rigid style is inefficient in the long term
Contingency Approach
These people are very similar to entrepreneurs but strive for innovation within an existing organization and tend to have a higher need for security
Intrapreneurs
Any form of guided experience aimed at helping people live and work successfully in another culture
Cross-cultural training
This was Google's original name
BackRub
the process of making plans for something.
Planning
based on the generalization that everything is inter-related and interdependent
Systems Approach
A global network of productive units with a decentralized authority structure and no distinct national identity
A transcontinental company
The product of a constant struggle between stability and change
Society
Managers choose among alternative courses of action when they make decisions. Making intelligent and ethical decisions in today’s complex world is a major management challenge.
Decision Making
assumes all organizations require the same rational management process
Universal Process Approach
The systematic development and practical application of a new idea
Innovation process
This step in the internationalization process includes companies in a foreign country being authorized to produce and/or market a given product within a specified territory in return for a fee
Licensing
the activity of setting up a business or businesses, taking on financial risks in the hope of profit
Entrepreneurship