Managing multinational organizations and teams
8 important questions on Managing multinational organizations and teams
Enrty mode decisions
- Foreign direct investment
- international joint ventures
- International exchange
MNC management: global strategies
- Liability of foreignness (time to learn, distance, etc)
- International diversification strategy
International strategic HRM
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
Strategic alliances advantages
- Learning from local partners
- access to scare resources
- succes factors (trust, clear goals, parent compatability, commitment, win win relationship)
Market entries: MNC
- First mover advantages
- M&A
- Local partnership local firms want to acquire advantages over domestic rivals
- Dominant foreign control
Market entries: SOEs
- Institutional advanages or constraints
- Boundary blurring strategy (alliances, networks, foreign firms)
Market entries: Start-ups
- Cannot compete on tangible resources
- Intangible resourcefulness: doing more with less
- Entrepreneurs translate interpersonal ties with managers, government into organizational performance (when formal institutional environment is weak, social capital is salient in economic exchange)
China market: Guanxi
- Personal connection
- One person perform a favour to another and is doing that also in the future
- Identify and satisfy other party's greatest needs and desires
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding