Introduction to International business and globalization

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International business introduction Flat or multidomestic?

Transcript of Introduction to International business and globalization

Page 1: Introduction to International business and globalization

International business introductionFlat or multidomestic?

Page 2: Introduction to International business and globalization
Page 4: Introduction to International business and globalization

International business introductionFlat or multidomestic?

Page 5: Introduction to International business and globalization

The CAGE frameworkCultural differences• Language, Etnicity, Religion, Work systems, Tradition,

Values, social norms + dispositions, etc.

Administrative differences • Colonial ties, Trade agreements, Currency, Legal

system, Gov. policies, Political hostility, Visa and work permit req.

Geographical differences• Physical distance, Common land border, Time zones,

Climate, Landlockedness, Transportation, Communication

Economic differences• Per capita income, Cost of labor, Availability of human

resources, Organizational capabilities, Economic size, etc.

Page 6: Introduction to International business and globalization

International business introductionNot flat but flattening