The Global Business Environment: An Introduction
Comprehensive and highly readable, The Global Business Environment examines key political, economic, and cultural developments and institutions that constitute the global business environment. Issues addressed include why companies--and nations--engage in international trade; the challenges they face, such as foreign government intervention, protectionism through tariff and non-tariff barriers, and widely divergent international accounting, taxation, and legal practices; the role of such institutions as the IMF, World Bank, OECD, European Community and OPEC, and of trade agreements such as GATT; the significance of the International Debt Crisis; the impact of less developed and newly industrialized countries in international trade, and the shift throughout Eastern Europe towards capitalist economies; and, the implications of cultural differences in international business. A tour-de-force, this timely analysis concludes with an overview of the global opportunities--and threats--facing international organizations and the implications for strategic planning, interface management, and internal organization. Clear and comprehensible, The Global Business Environment will be essential reading for managers and all students of international business.
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HISTORICAL AND ECONOMIC BACKGROUND
The Global Scene and the Challenges Ahead
MAJOR CHALLENGES TO FREE
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accounting African agreements agricultural American attitudes barriers Britain British capital capitalist cars chapter competition cost coun culture currency customers domestic East European Economist EFTA employees enterprise especially Europe European countries example export factors foreign direct investment foreign firms foreign investment GATT global host country important income increase India Indonesia industrialized countries instance institutions international business international firms international trade investors involved Iran Japan Japanese Japanese companies Japanese management joint ventures labour large number LDCs less developed countries loans major management style manufacturing ment million multinational companies negotiations newly industrialized countries OECD OPEC operations organizations percent practices problems production profit programmes protectionism protectionist quality circles quotas reforms sector skills social South Korea Soviet Union structure subsidiaries tariffs tax havens Tayeb Thailand Third World tion United Kingdom Western workers World Bank