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1、1-1International ManagementCulture,StrategyandBehaviorCulture,StrategyandBehaviorLecturer:Zhisheng Hong2011/09/05Shanghai University1-2Todays topicuIntroductionuCourse AssessmentuGroup Project uCase AssignmentuOutline of the Course1-3My name cardZhisheng Hong 洪志生洪志生(Ph.D of Management;Lecture of Man
2、agement;Convener of Shoulder Action in Shanghai)Phone number:Email:1-4Course AssessmentuAttendance 10%uTutorial and weekly group report 10%uGroup Report and presentation 20%uFinal exam 60%1-51-6Group Assignment(10%+20%)The group project mainly with“The Application of International Management Concept
3、s and Theory to the Real World”.Student will be divided into groups with 5 people in each group.Each group is expected to do in-class presentation,case study and other forms of assignments.Each group member must participate in the project,otherwise no mark will be given.1-7Group presentation20%Each
4、group has to submit a written report and do an oral presentation on a given topic at the end of the term.The topic will be given in week five.1-8Case discussion and class workEvery group has at least one chance to present the solutions of the case questions.(No answers group member will lose 5 marks
5、 in the final marks)So every group should prepare for every assignment.You can do the assignment as Chinese or English as well,of course,English is recommended.1-91-10Outline of the Course(question?)Globalization and International Linkageschapter one.1-121-13Chapter 1:Globalization and International
6、 LinkagesuuThe specific objectives of this chapter are:The specific objectives of this chapter are:1.1.GRASPGRASP the some concepts the some concepts 2.2.ASSESS ASSESS the implications of globalization forthe implications of globalization for countries,industries,firms,and communities.countries,indu
7、stries,firms,and communities.3 3.REVIEWREVIEW the major trends in global and the major trends in global and regional integration.regional integration.4 4.EXAMINEEXAMINE the changing balance of global the changing balance of global economic power and trade and investment economic power and trade and
8、investment flows among countries.flows among countries.5 5 ANALYZEANALYZE the major economic systems and recent the major economic systems and recent developments among countries that reflect those developments among countries that reflect those systems.systems.1-141-15The Worlds Top Nonfinancial MN
9、Cs from Developed The Worlds Top Nonfinancial MNCs from Developed CountriesCountries(ranked by foreign assets,2004)(ranked by foreign assets,2004)1-16The Worlds Top Nonfinancial MNCs from Developing The Worlds Top Nonfinancial MNCs from Developing CountriesCountries(ranked by foreign assets,2004)(ra
10、nked by foreign assets,2004)1-171-18Globalization:Pros and ConsBenefits of Globalization:Benefits of Globalization:wealth,jobs,technology,lower prices.wealth,jobs,technology,lower prices.Criticisms of Globalization:Criticisms of Globalization:off-shoring of business service jobs to lower-off-shoring
11、 of business service jobs to lower-wage countries;wage countries;growing trade deficits;growing trade deficits;slow wage growth;slow wage growth;environmental and social impacts.environmental and social impacts.1-19Global and Regional Integration:GlobalGlobal Agreements Agreements:World Trade Organi
12、zation(WTO)World Trade Organization(WTO)(General Agreement on Tariffs and Trade (General Agreement on Tariffs and Trade (GATT)(GATT)Regional Regional AgreementsAgreements:North American Free Trade Agreement(NAFTA)(North American Free Trade Agreement(NAFTA)(北美自由北美自由贸易协定贸易协定)U.S.-Central American Free
13、 Trade Agreement(CAFTA)U.S.-Central American Free Trade Agreement(CAFTA)（美国（美国-中美洲自由贸易协议）中美洲自由贸易协议）European Union(EU)European Union(EU)Association of Southeast Asian Nations(ASEAN)Association of Southeast Asian Nations(ASEAN)（东南亚（东南亚联盟）联盟）Free Trade Agreement of the Americas(FTAA)Free Trade Agreemen
14、t of the Americas(FTAA)（美洲自（美洲自由贸易区）由贸易区）1-20International Economic Power in the Global Economy:Shifting landscape due to:Economic integration Economic potential of emerging markets1-21The Worlds Largest Economies 2005 and 2020(Projected)Measured The Worlds Largest Economies 2005 and 2020(Projected)
15、Measured by GDP at Market Exchange Rates:by GDP at Market Exchange Rates:1-22The Worlds Largest Economies 2005 and 2020(Projected)Measured The Worlds Largest Economies 2005 and 2020(Projected)Measured by GDP at Purchasing Power Parity(ppp)by GDP at Purchasing Power Parity(ppp)1-231-24Trends in Inter
16、national Investments and Trade:International Investments:International Investments:80%from developed countries 80%from developed countries Foreign direct investment(FDI)Foreign direct investment(FDI)Growing at healthy rate Growing at healthy rate Outpacing domestic growth in most countries Outpacing
17、 domestic growth in most countriesInternational Trade:International Trade:Over of world trade accounted for by United Over of world trade accounted for by United States,European Union and JapanStates,European Union and Japan Increased substantially over last two decades Increased substantially over
18、last two decades1-25Trade Flows Among World Regions,2005(in billions of dollars or Trade Flows Among World Regions,2005(in billions of dollars or percent)percent)1-26World Foreign Direct Investment Inflows(in millions of dollars):1-271-28Economic Systems of the World:Market Economy Command EconomyMi
19、xed Economy1-29Economic Performance by Major World Region:North AmericaSouth AmericaEurope(EU,Central and Eastern Europe)Asia(Japan,China,emerging markets of Asia)Other developing and emerging countries(India,Middle East,Central Asia,Africa)1-301-31Economic Performance:North America(continued):Canad
20、aCanada:U.S.s largest trading partnerU.S.s largest trading partner Most of the largest foreign-owned Canadian Most of the largest foreign-owned Canadian companies are totally or heavily U.S.-ownedcompanies are totally or heavily U.S.-owned Legal and business environment in Canada is Legal and busine
21、ss environment in Canada is similar to that in U.S.similar to that in U.S.MexicoMexico:Strongest Latin American economy Strongest Latin American economy Very strong Very strong maquiladoramaquiladora（加工贸易产业）（加工贸易产业）（加工贸易产业）（加工贸易产业）industry industry Trade with both Europe and Asia has increasedTrade
22、with both Europe and Asia has increased Now competitive with Asia for the U.S.market Now competitive with Asia for the U.S.market 1-32Economic Performance:European Union Privatization of traditionally nationalized Privatization of traditionally nationalized industriesindustries Emergence of the EU a
23、s an operational Emergence of the EU as an operational economic union economic union Economic linkages between the EU and newly Economic linkages between the EU and newly emerging Central and Eastern European emerging Central and Eastern European countriescountries Challenge is to absorb former comm
24、unist bloc Challenge is to absorb former communist bloc countriescountries Foreign MNCs gain foothold in EU by:Foreign MNCs gain foothold in EU by:Acquisitions,Alliances,Cooperative R&D effortsAcquisitions,Alliances,Cooperative R&D efforts1-33Economic Performance:Asia JapanJapan Phenomenal economic
25、success in 1970s and Phenomenal economic success in 1970s and 1980s1980s（EnterprisersEnterprisers）Ministry of International Trade and Industry(MITI)Ministry of International Trade and Industry(MITI)KeiretsusKeiretsus Vertically integrated industriesVertically integrated industries Holdings provide a
26、ssistance needed in providing Holdings provide assistance needed in providing goods and services to end usersgoods and services to end users Decade long recession in 1990s Decade long recession in 1990s Bank loans backed by real estate or projected Bank loans backed by real estate or projected reven
27、uesrevenues By 2000,most major banks had billions of dollars By 2000,most major banks had billions of dollars in uncollectible loansin uncollectible loans International competition has increasedInternational competition has increased 1-34Economic Performance:AsiaChina Annual real economic growth of
28、10 percent Annual real economic growth of 10 percent during the 1980s and early 1990sduring the 1980s and early 1990s More recent growth of 8 percent or higherMore recent growth of 8 percent or higher Healthy and growing economyHealthy and growing economy GDP growth of 11.1 percent in 1GDP growth of
29、 11.1 percent in 1stst of 2007 of 2007 Attractive to foreign investors despite major Attractive to foreign investors despite major political riskpolitical risk Product pirating is a major problemProduct pirating is a major problem Complicated and high-risk ventureComplicated and high-risk venture1-3
30、5Economic Performance:AsiaThe Four TigersThe Four TigersSouth KoreaSouth Korea Chaebols(large family-held Korean Chaebols(large family-held Korean conglomerates)conglomerates)Affected by declining economies of Affected by declining economies of Southeast Asia in 1990sSoutheast Asia in 1990sHong Kong
31、Hong Kong Now part of Peoples Republic of ChinaNow part of Peoples Republic of China Uncertainty about the role the Chinese Uncertainty about the role the Chinese government intends to play in local government intends to play in local governancegovernance1-36Economic Performance:AsiaThe Four Tigers(
32、continued)Singapore Singapore Least hurt by economic downturn of Least hurt by economic downturn of 1990s1990sTaiwanTaiwanProgression from labor-intensive Progression from labor-intensive economy to one dominated by economy to one dominated by technologically sophisticated industries technologically
33、 sophisticated industries(banking,electricity generation,(banking,electricity generation,petroleum refining and computers)petroleum refining and computers)1-37Economic Performance:Southeast AsiaThe Baby Tigers(Thailand,Malaysia,Indonesia,Vietnam):Large population baseLarge population baseInexpensive
34、 laborInexpensive laborConsiderable natural resourcesConsiderable natural resourcesAttractive to outside investorsAttractive to outside investors1-38Economic Performance:Economic Performance:Developing and Emerging CountriesDeveloping and Emerging Countries IndiaIndia Low per capital GDPLow per capi
35、tal GDP Recent trend of locating software and high Recent trend of locating software and high value-added services to this countryvalue-added services to this country Attractive to U.S.and British investors(well Attractive to U.S.and British investors(well educated,English speaking,technologically e
36、ducated,English speaking,technologically sophisticated workerssophisticated workers)Middle East and Central AsiaMiddle East and Central Asia Large oil reservesLarge oil reserves Highly unstable geopolitical and religious Highly unstable geopolitical and religious forcesforces Plagued by continuing e
37、conomic problemsPlagued by continuing economic problems1-39Economic Performance:Economic Performance:Developing and Emerging CountriesDeveloping and Emerging Countries AfricaAfrica Considerable natural resourcesConsiderable natural resources African nations remain very poor and undevelopedAfrican na
38、tions remain very poor and undeveloped International trade is not a major sources of incomeInternational trade is not a major sources of income Populace divided into 3,000 tribes that speak 1,000 Populace divided into 3,000 tribes that speak 1,000 languages and dialectslanguages and dialects Major p
39、olitical instabilityMajor political instability Poverty,starvation,illiteracy,corruption,Poverty,starvation,illiteracy,corruption,overcrowding among many social problems overcrowding among many social problems negatively affecting economic sectornegatively affecting economic sector1-40Worlds Most Co
40、mpetitive Nations,20061-41Market Potential Indicators Ranking for Emerging Market Potential Indicators Ranking for Emerging Markets,2007Markets,20071-42Review and Discuss1.How has globalization affected different world regions?What are some of the benefits and costs of globalization for different se
41、ctors of society?2.How has NAFTA affected the economies of North America and the EU affected Europe?What importance do these economic pacts have for international managers in North America,Europe and Asia?3.Why would MNCs be interested in South America,India,the Middle East,Central Asia,and Africa,the less developed and emerging countries of the world?