GEO 334 Lecture Notes - Lecture 1: Toyota Sienna, Economic Globalization, Fiscal Policy
5 Dec 2018
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Document Summary
International management- the process of developing strategies, designing and operating systems, and working with people around the world to ensure sustained competitive advantage. Challenges managers face: politics, cultural differences, global competition, terrorism, technology, sustainability, social obligations. Global competition characterized by networks of international linkages that bind countries, institutions, and people in an interdependent global economy. Globalization has also been described as the emergence of a level playing field due to decreasing differences in regional output growth rates, increased economic activity, and other non-economic factors. Examples of international linkages: only 65% of the ford mustang"s content comes from the. Us or canada: 90% of the toyota sienna is made with us components, and it is assembled in indiana. Foreign aid, treaties, organizations and peacekeeping: personal contact. Including telephone calls, travel, and remittances: technological connectivity. Number of internet users, hosts, and secure servers: economic integration. * countries are ranked within each category and given a rank and overall score.
