Presentation on theme: "Managing in the Global Environment"— Presentation transcript:1 Show
2 Managing in the Global Environment 3 Learning Objectives Explain why the ability to perceive, interpret, and respond appropriately to the global
environment is crucial for managerial success Differentiate between the global task and global general environments Identify the main forces in both the global task and general environments, and describe the challenges that each force presents to managers McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc. All rights reserved.
4 Learning Objectives Explain why the global environment is becoming more open and competitive and identify the forces behind the process of globalization that increases the opportunities, complexities, challenges, and threats that managers face
5 Learning Objectives Discuss why national cultures differ and why it is important that managers be sensitive to the effects of falling trade barriers and regional trade associations on the political and social systems of nations around the world
6 Global Organizations Organizations that operate and compete not only domestically, but also globally Uncertain and unpredictable 7 Global Environment Set of forces and conditions in the world outside the organization’s boundaries that affect the way it operates and shape its behavior Changes over time Presents managers with opportunities and threats
8 Task Environment Set of forces and conditions that originate with suppliers, distributors, customers, and competitors
Affect an organization’s ability to obtain inputs and dispose of its outputs Most immediate and direct effect on managers 9 Forces in the Organizational Environment
10 The Task Environment Suppliers
11 The Task Environment Suppliers 12 Suppliers It’s
important that managers recognize the opportunities and threats associated with managing the global supply chain 13
Suppliers Gaining access to low-cost products made abroad represents an opportunity for U.S. companies to lower their input costs Managers who fail to utilize low-cost overseas suppliers create a threat and put their organizations at a competitive disadvantage 14 Global
Outsourcing Process by which organizations purchase inputs from other companies or produce inputs themselves throughout the world to lower production costs and improve the quality or design of their products 15 The Task Environment Distributors 16 The Task
Environment Customers 17 The Task
Environment Competitors 18 The Task Environment Potential Competitors 19 The Task Environment Rivalry between
competitors is potentially the most threatening force that managers deal with Strong competitive rivalry results in price competition, and falling prices reduce access to resources and lower profits 20 The Task Environment Barriers to Entry 21 Barriers to Entry Economies of scale Brand loyalty 22 Barriers to Entry and Competition
23 General Environment Economic Socio-cultural Technological Forces
24 The General Environment
25 Economic Forces Successful managers:
26 The General Environment
27 The General Environment
28 The General Environment
29 The General Environment 30 The General Environment 31 The General Environment 32 The General Environment 33 The General Environment 34 The Global Environment
35 The Changing Global Environment 36 Process of Globalization 37 Process of Globalization
38 Declining Barriers to Trade and Investment 39 GATT and the Rise of Free Trade 40
Declining Barriers of Distance and Culture 41 Effects of Free Trade on Managers 42 Effects of Free Trade on Managers
43 Effects of Free Trade on Managers
44 The Role of National Culture
45 The Role of National Culture 46 Hofstede’s Model of National Culture 47 Hofstede’s Model of National Culture 48 Hofstede’s Model of National Culture 49 Hofstede’s Model of National Culture
50 Hofstede’s Model of National Culture 51 Hofstede’s Model of National Culture 52 National Culture and Global
Management Are individuals and groups that buy goods and services that an organization produces?Customers are the individuals and businesses that purchase goods and services from another business.
What are individuals and organizations that provide an organization with the input resources that it needs to produce goods and services?Cards
Who provides organizations with the input resources it needs to produce goods and services multiple choice question?Suppliers are individuals and organizations that provide an organization with the input resources it needs to produce goods and services. 2.
What are two examples of economic forces within a company's general environment?E: Economic factors include elements such as interest rates, inflation rates, gross domestic product, unemployment rates, levels of disposable income, and the general growth or decline of the economy.
|