Slide 2CHAPTER 1 MULTINATIONAL MANAGEMENT IN A CHANGING WORLD
Slide 3MULTINATIONAL MANAGEMENT The plan of procedures and the outline of administration frameworks to exploit universal open doors and react to worldwide dangers
Slide 4THE MULTINATIONAL COMPANY Any organization that participates in business works past its residential fringes Includes both extensive and little organizations
Slide 5Exhibit 1.1 (in Text) Lists The Top Multinational Corporations Ranked By Sales Revenue.
Slide 6WHY IS MULTINATIONAL MANAGEMENT IMPORTANT? Organizations progressively look to different nations to look for worldwide chances to watch out for worldwide rivalry
Slide 7GLOBALIZATION The overall pattern of organizations growing past their residential limits
Slide 8SEVEN KEY FORCES ARE GLOBALIZING THE WORLD ECONOMY 1. Breaking down fringes 2. Developing cross-fringe exchange and venture 3. The ascent of worldwide items and worldwide clients 4. Privatizations
Slide 95. New rivals on the planet advertise 6. The ascent of worldwide principles of value and generation 7. The Internet and data innovation
Slide 11THE GLOBAL 1. Falling Borders ECONOMY
Slide 12BORDERS ARE FALLING Free exchange territories and the world exchange association By 2000, the quantity of local exchange assentions achieved 139, more than twofold the number existing in 1992
Slide 13TRADE AGREEMENTS Reduce duties and limitations The three biggest gatherings - EU, NAFTA, and APEC World Trade Organization
Slide 14THE 2. Developing Trade GLOBAL and Investment ECONOMY
Slide 15SELL ANYWHERE, LOCATE ANYWHERE World exchange development: normal of 6.5% every year 1990 to 2000 Nearly 50% of the over $5 trillion in world exchange is among the European union, the U.S., and Japan - the TRIAD
Slide 16Exhibits 1.4 and 1.5 (in content) demonstrate the main nations as far as import and fare size and development.
Slide 17FOREIGN DIRECT INVESTMENT (FDI) An organization from one nation has a proprietorship position in an association from another nation - See Ex 1.6 for main 30 FDI in the created nations around $899 billion
Slide 18EXHIBIT 1.6 TOP FOREIGN ASSET COMPANIES 1. General Electric: USA 2. General Motors: USA 3. Regal Dutch Shell: UK/Netherlands 4. Portage: USA 5. Exxon: USA 6. Toyota: Japan
Slide 19EXHIBIT 1.9 RISK RATINGS FOR SELECTED COUNTRIES (100 = Lowest Risk)
Slide 20THE 3. Worldwide Products/GLOBAL Customers ECONOMY
Slide 21THE RISE OF GLOBAL PRODUCTS AND GLOBAL CUSTOMERS The necessities of clients developing more comparative Global clients look the world for their provisions without respect for national limits
Slide 22THE GLOBAL 4. Privatizations ECONOMY
Slide 23Privatization is the offer of government possessed organizations to private financial specialists
Slide 24Privatization, proceeded with The creating nations and move economies utilize privatization to end up distinctly industrialist economies
Slide 25BENEFITS FOR MULTINATIONAL COMPANIES Opportunities for scratch and dent section ventures A simple approach to get entrance frequently with nearby government motivating forces, for example, quite a while of tax exempt operations
Slide 26THE GLOBAL 5. New Competitors ECONOMY
Slide 27EXHIBIT 1.10: TOP EMERGING MARKET COMPANIES 1. China Telecom: Hong Kong 2. Taiwan Semiconductor: Taiwan 3. Samsung Electronics: Korea 4. Telefonos de Mexico (Telmex): Mexico
Slide 28THE 6. Ascent of GLOBAL Standards ECONOMY
Slide 29GLOBAL OR REGIONAL PRODUCT STANDARDS Companies can make one or just a couple of adaptations of an item for the world market Cheaper than forms for various nations
Slide 30CONSISTENCY AND PREDICTABILITY IN QUALITY The worldwide association for institutionalization (ISO) in Geneva, Switzerland - ISO 9000:2000
Slide 31THE 7. IT and the GLOBAL Internet ECONOMY
Slide 32THE INTERNET AND INFORMATION TECHNOLOGY Allows simple overall correspondence and financial exchanges Small organizations have more PC power Poorer countries can have innovation
Slide 33THE NEXT GENERATION OF MULTINATIONAL MANAGERS A worldwide outlook The capacity to work with differing individuals A long range point of view The capacity to director change and move
Slide 34The up and coming era of multinational administrators, proceeded with The capacity to make frameworks for a learning and changing associations The ability to rouse all representatives to accomplish fabulousness Accomplished arrangement aptitudes
Slide 35The up and coming era of multinational chiefs, proceeded with A readiness to look for and prevail in abroad assignments A comprehension of national societies
Slide 36MULTINATIONAL MANAGEMENT: A STRATEGIC APPROACH The key way to deal with multinational administration considers how supervisors detail and actualize techniques to contend effectively in the worldwide economy
Slide 37STRATEGY The moves or exercises that administrators use to support and increment hierarchical execution
Slide 38MULTINATIONAL STRATEGY FORMULATION The way toward picking or making a procedure test of managing openings and contenders found anyplace on the planet
Slide 39MULTINATIONAL STRATEGY IMPLEMENTATION Includes every one of the exercises important to accomplish vital destinations requires complex administration frameworks to complete the systems that scope past local limits
Slide 40A FUNDAMENTAL ASSUMPTION OF THE BOOK "When you comprehend your rivals and yourself, you will dependably win," Sun Tzu, The craft of war
Slide 41CONCLUSIONS Multinational administration and the multinational organization Forces that drive globalization Key qualities of fruitful multinational chiefs The vital way to deal with multinational administration
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