Key Concepts in International Business and Management

Posted on Feb 24, 2025 in Philosophy and ethics

Globalization and Affiliates

  • Morrison 2003, Impact of Globalization
  • Bolita – Transnational Affiliate
  • VP International – Area Division
  • Corazon – Global Affiliate
  • Parent Market – Multidomestic Affiliate
  • Affiliates around the world do not operate – Area Division
  • Local CEO’s manage a wide – Transnational Affiliate
  • Attempts to concurrently capture all – Global Affiliate
  • Where a “mini replica” affiliate is – Multidomestic Affiliate

World-Class Management (Plenert 2000)

  • A Harvard study found – Culture
  • Participative; tends to empower – Theory Y Manager
  • Motivates by giving workers – Cool Manager
  • Sees the workplace as – Conflict Manager
  • Searches for challenges in – Change Manager
  • Works in the here and now – Sunset Manager
  • Believes you shouldn’t fix – Crisis or Crash Manager
  • Participative; values employees – Theory Z Manager
  • Focus on the cost of budgets – Cash Manager
  • Authoritarian; secretive; always has – Theory X Manager
  • Cost competitiveness is usually – True

New Fundamentals in International Business

  • Today’s leaders are failing because they try unsuccessfully – False
  • Today’s leaders are failing, not because they try unsuccessfully – True
  • Today’s organizations are failing because of their – True
  • An organizational structure – False
  • An organization with small – True

The Most Powerful Man in the World

  • The percentage of criticism – 0%
  • Putin’s first, most significant – A Bluff
  • Vladimir Putin is probably – True
  • The thing that has stayed with Putin – The Fear of Popular Uprising
  • Putin deals with the thing – With Absolute Control
  • Putin was chosen to be the president – Not to Imprison Yeltsin

The Panama Papers

  • The Panama and Paradise Papers – True
  • In the Panama and Paradise Papers – True
  • What the Panama and Paradise Papers showed is – Who is Hiding What Amounts of Money
  • The key to hiding money legally – True
  • What the Panama Papers show us is how – False
  • The leaked data shows that more than 500 – False

Perlmutter 2008, The Torturous Evolution…

  • Home country oriented – Ethnocentric
  • Host country oriented – Polycentric
  • World oriented – Geocentric
  • We are superior, more trustworthy – Ethnocentric
  • We are a loosely connected – Polycentric
  • Our ultimate goal is a worldwide – Geocentric
  • Polycentrism’s costs are largely related – False
  • Perlmutter says there appears – True
  • An investor who buys successful – True

Paradigms of Critical System Thinking

  • Values, concerns, conventions – Epistemology
  • Concerned with what exist in the world – Ontology
  • General instructions for a way of doing something – Methodology
  • Belief that the world is “out there” – Objective
  • Belief that the only world we really know – Subjective
  • Holds to an ethical commitment – Critical Emancipatory
  • This paradigm exposes us to our limitations – Postmodern Poststructural
  • This paradigm takes care to point out – Interpretivist
  • The world of modern science and social science – Positivist/Structural Functionalist
  • Focuses attention to issues of power – Critical Emancipatory
  • This paradigm is concerned with and cares – Interpretivist
  • Reality is too complex – Postmodern Poststructural
  • Socially, we are born into a world – Positivist/Structural Functionalist
  • Doing something just because you love it – Non Rational