MGCR 382 Lecture Notes - Lecture 12: Stakeholder Management, Extraterritoriality, Corporate Social Responsibility
16 Oct 2015
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Mgcr382 - lecture 12 - midterm exam review. Flat (t. friedman) vs spiky world (r. florida) How geographic and economic distance (c. a. g. e. framework) influences the strategy & organization of mncs. Rise in number of top 500 global firms with hq in emerging economies evidence for flattening. Inequality, absolute poverty & growth- research on trends over time. How international business transaction differs from domestic transaction. C. a. g. e. framework: how geographic and economic distance influences the strategy & organization of mncs. Degree of distance (differences) & degree of integration influence type of ib strategy. Definition of culture & levels of culture: Cultural requisites of employee performance targets & reviews. 3 management orientations to culture: polycentrism, ethnocentrism, geocentrism. Types of rules: laws set by government, norms shaped by society, standards established by private institutions and associations. Enforcement of laws by state as exercising a monopoly on legitimate use of force within a territory.
