1. Welcome to final class of International Management by Dr
Welcome to final class of International Management by Dr. Satyendra Singh

2. Objectives To understand
Concept of international mgmt., environment, and the factors affecting it
Knowledge and skills needed for effective management of people, resources and processes
Management functions and behaviour to develop global vision and to implement at both macro and micro level

3. Course Outline Term test on intl. management Class participation 
Individual presentation
Group presentation
Research-based group project
Final exam
+ computer, journal articles, websites

4. Other Reviewed/rapid feedback/main points Available for you-- readily
Sensitive students needs
Clarity
Interesting/practical examples
Encouraged to speak
Learn to mark presentations
Work in group

5. Ethics  Moral Values Deontological philosophy10
Ethics  Moral Values
Deontological philosophy
Utilitarian philosophy  net benefit
Contractarian philosophy  Law
Pluralism philosophy  do right thing
Rawls’s Social Justice Theory
Corruption and child labor

6. Globalization International/Area Structure Multi-domestic Structure
Global Structure
Configuration and Coordination
↑ Sustainable Competitive Advantage (SCA) across countries
Strategic

7. Affiliate Competence vs. its Initiative
Low affiliate capability
High affiliate capability
High localization pressures
Form Alliances or make Acquisitions
Take strategic Initiative
High globalization pressures
Follow Parent Instructions
Influence Parent Strategies

8. Evolving Multinationals
Geographic Expansion
Geographic proximity
Cultural similarity
Similarity in economic development
Line of Business Diversification
Liability of foreignness Most profitable 1st
Functional Migration
Begin marketing, assembly, R&D
Develop strategic capabilities

9. Global Manager’s Skills
Global mindset
Beyond learning culture and language
Ability to
1 develop and use global strategic skills
2 manage change and transition
3 manage cultural diversity
4 design and function in flexible orgn structure
5 work with others and in team
6 communicate
7 learn and transfer knowledge in an orgn.

10. Government Relations WTO identifies 600 nontariff barriers
Quota
Antidumping accusations
Countervailing duty by law
Labeling restrictions
Licensing mandatory
Product standards  health and safety
Custom inspection procedure  host’ll do it
Government procurement regulations
TRIM  Trade Related Investment Measure
WTO: DSB Dispute Settlement Board

11. Political Strategies of MNCs
MNC Can NOT influence Govt
MNC Can influence Govt 1
“Government Policy as lever for global competitiveness” approach
base/cluster concept 3
Firm specific characteristics in MNC government interaction
Use of strategic trade policy arguments to obtain government favors. 2
“Good corporate citizen” approach
Government policy not viewed as a major determinant of international competitiveness 4
Influenced through lobbying,
i.e., a proactive strategy
To achieve
Benefits of
integration
MNC’s objectives in Business – Govt.
Interactions
To achieve
Benefits of
National
Responsiveness
Strategy: Choose one (say 4); determine who has the bargaining power: Govt or MNC

12. International Strategy Formulation
Pressure: Industry, Country and Company
Globalization  moving up; ie.↑ integration quadrant
Cement: globalization limited by  value to weight ratio
Globalization and Localization vary from industry to industry

13. Strategic Alliances
Equity
Non Equity

14. Licensing What is licensing When is it employed Risks of licensing
Costs of licensing
Elements of licensing agreements

15. IJV Objectives

16. Balanced Scorecard

17. Source: Learn.com

18. Finally
It was my absolute pleasure teaching you.
-- Sat