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Integrative Managerial Issues (Globe findings (Power distance,…
Integrative Managerial Issues
Be and go global
uses financial sources and resources outside its home country (financial globalization)
How?
Exporting
Importing
Global sourcing
Licensing
Franchising
Strategic alliance
Joint venture
Foreign subsidiary
use managerial and technical employee talent from other countries
Marketplace globalization
Multinational corporation
Transnational organization
Global corporation
Multidomestic corporation
Globe findings
Power distance
Individualism / collectivism
Uncertainty avoidance
In-group collectivism
Gender differentiation
Performance orientation
Future orientation
Humane orientation
Assertiveness
Social responsibility
For
Public expectations
Long-run profits
Ethical obligation
Public image
Better environment
Discouragement of further governmental regulation
Balance of responsibility and power
Stockholder interests
Possession of resources
Superiority of prevention over cures
Against
Costs
Too much power
Dilution of purpose
Lack of skills
Violation of profit maximization
Lack of accountability
Similiar concept
Social obligation
Social responsiveness
Ethical behavior
Ethical leadership
Codes of ethics
Ethics training
Diversity in workplace
Religion
Sexual orientation and gender identity
Disability / ability
Race and ethnicity
Gender
Age