Monday, August 20, 2007

Environmental Challenges of International Management

International management functions
Political / legal environment

  1. Government stability
  2. Incentives for international trade
  3. Controls on international trade
  4. Economic communities

Economic environment

  1. Economic system
  2. Natural resources
  3. Infrastructure

Cultural environment

  1. Values, symbols, beliefs and language
  2. Individual differences across cultures

An Integrative Framework of Management Perspectives

Effective and efficient management
Systems Approach
Recognition of internal interdependencies
Recognition of environmental influences

Contingency Perspective
Recognition of the situational nature of management
Response to particular characteristics of situation

Classical Management Perspective
Methods for enhancing efficiency and facilitating planning organizing and controlling.

Behavioral Management Perspectives
Insights for motivating performance and understanding individual behavior groups and teams and leadership.

Quantitative Management Perspective
Techniques for improving decision making resource allocation and operations.