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Lecture 10 International Management Control

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• Develop teams with members from different countries for planning • Rotate managers often between domestic and international positions • Place foreign personnel on the board of directors and top‐level committees • Establish liaisons among subsidiaries within the same country so that different product groups have common actions
Disagreements
• Objectives of overseas operation and MNC may conflict • Objectives of joint venture partners and corporate management may not agree • Degree of experience and competence in planning vary widely among managers running overseas units • Basic philosophic disagreements about objectives and polices of international operations may exist
• Decision Making – Process of choosing a course of action among alternatives • Controlling – Process of evaluating results in relation to plans or objectives and deciding what action, if any, to take • Decision making and controlling are both vital and often interlinked functions of international management
• MNC methods to control overseas operations Some prefer decentralized approaches; others greater centralization Most combine direct and indirect controls Some prefer heavily quantifiable methods; some prefer qualitative approaches
• Do international operations use similar decision‐ making norms?
French and Danish managers used different approaches to decision-making; each more adept at different stages of the process. French do not value time as much as counterparts German co-determination: managers focus more on productivity and quality of goods/services than on managing subordinates.
• Control issues facing international companies: Centralization of decision‐making power Reporting procedures for foreign operations Ensuring that company meets global objectives • Control is necessary to achieve international goals Control keeps a company’s direction on track Prevents individuals from making decisions that endanger the and subsidiaries credit for business resulting from cooperative efforts • Base reward systems partially on global results so managers are committed to global as well as local performance • Establish reporting procedures • Routine visits to subsidiaries • Establishment of information systems
Distance—more time and expense to communicate Diversity—hard to compare operations due to country differences Uncontrollables—may be unable to take corrective action Degree of certainty—affected by speed and degree of change

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国际企业管理英文

国际企业管理英文

International Business ManagementIntroductionInternational business management refers to the management and administration of companies operating in multiple countries across the globe. It involves a range of activities and strategies to effectively navigate the complexities of a global market. This document aims to provide an overview of international business management, including its significance, key challenges, and necessary skills for successful management in the global arena.Significance of International Business ManagementIn today’s intercon nected world, international business management plays a vital role in driving economic growth and fostering global integration. It enables companies to expand their customer base, access new markets, and tap into diverse talent pools. Additionally, international business management helps businesses diversify their risks by reducing their dependence on a single market or country. It also promotes cultural exchange and fosters global cooperation.Key Challenges in International Business ManagementDespite its numerous benefits, international business management comes with its fair share of challenges. Some of the key challenges include:1.Cultural Differences: Different countries have unique cultural norms,values, and communication styles. Understanding and adapting to thesecultural differences is crucial for effective international business management.2.Legal and Regulatory Frameworks: Each country has its own legaland regulatory frameworks governing business operations. Complying withthese diverse regulations requires careful planning and adherence.3.Political Instability: Political instability in certain countries can poserisks to international businesses. Changes in the political landscape, such asshifts in government policies or political unrest, can impact business operations and profitability.4.Logistics and Supply Chain Management: Managing logistics andsupply chains across multiple countries can be complex. Challenges such astransportation, customs, and inventory management require specialized skills and coordination.5.Currency Fluctuations: Currency fluctuations can have a significantimpact on international businesses, affecting pricing, profitability, and financialplanning. Managing exchange rate risks is crucial for successful international business management.Skills for Successful International Business ManagementTo navigate the challenges of international business management, a set of essential skills is required. These skills include:1.Cross-cultural Communication: Effective communication acrosscultures is vital in international business management. Understanding cultural nuances, adapting communication styles, and building relationships acrosscultural boundaries are essential skills.2.Strategic Thinking: International business management requiresstrategic thinking to identify global opportunities, evaluate risks, and develop appropriate strategies. It involves analyzing market trends, competitivelandscapes, and consumer behaviors on a global scale.3.Negotiation and Conflict Resolution: International businessmanagement often involves negotiating deals, contracts, and resolving conflicts across different cultures and legal frameworks. Strong negotiation and conflict resolution skills are essential for successful international business management.4.Adaptability and Flexibility: International business environmentsare dynamic and ever-changing. Being adaptable and flexible in dealing withdiverse cultures, regulatory frameworks, and market conditions is crucial for effective management.5.Global Business Knowledge: Understanding global economics,international trade policies, and market dynamics is critical for international business management. Keeping up with global trends and developments helps businesses stay competitive and make informed decisions.ConclusionInternational business management is a complex and challenging field that requires specialized skills and knowledge. Despite the challenges, it offers significant opportunities for companies to expand their global reach and achieve sustainable growth. By understanding and adapting to cultural differences, navigating legal and regulatory frameworks, and developing essential skills, businesses can successfully manage operations in the global marketplace. Effective international business management drives economic integration and fosters global cooperation, contributing to a more interconnected world.。

国际市场营销双语教学教案10-PPT精品.ppt

国际市场营销双语教学教案10-PPT精品.ppt

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5. Strategies Overcoming the Price Escalation
(1) Reorganize the channel of distribution;
(2) Adapt the product; (3) Use new or more economical tariff or tax classifications; (4) Assemble or produce overseas
边际成本 2.00 0.00 0.10 0.00 2.10 0.00 0.00 1.00 1.25 4.35 1.09 5.44
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4. Export-Related Costs
(1) The cost of modifying the product for foreign markets; (2)Operational costs of the export operation: personnel, market research, additional shipping and insurance costs, communications costs with foreign customers, and overseas promotional costs; (3) Costs incurred in entering the foreign markets; tariffs and taxes; risks associated with a buyer in a different market; and risks from dealing in other than the exporter’s domestic currency, i.e., foreign exchange risk.
《国际商务管理》(第一讲)

《国际商务管理》(第一讲)

* 企业性的跨国公司 * 国际金融与结算中心 * 对外直接投资（FDI）
3. 第二次世界大战之后 ~ 1980年代
国际分工以工业部门水平分工为主，突出以 产品内部（过程、要素、资源）分工为主 贸易自由化和全球经济一体化趋势 科技和生产国际化带动资本、商品的国际化 a ． 生产要素的国际移动和重新配置 —— 跨国公司的大规模活动 b．大规模、全方位的多元化、多层次国际 合作 c．多极化合作
经营目标 经营目标
COMPETITIVE COMPETITIVE ENVIRONMENT ENVIRONMENT
竞争环境 竞争环境
STRATEGY STRATEGY
经营战略 经营战略
经营方法 经营方法
MEANS MEANS
（二）当今促进国际商务（全球化）发展 的因素
1. 科学技术的迅猛发展与扩散 2. 商品和资源国际流动的自由化 3. 支持国际商务的服务业的发展 4. 消费者影响力的扩大 5. 全球竞争的加剧 6. 世界政治局势的改变 7. 跨国合作的增强
外部影响 经济（物质）和社会 经济（物质）和社会 影响因素 影响因素 竞争环境 竞争环境
企业经营 经营目标 经营目标
经营战略 经营战略
经营方式 经营方式
MEANS MEANS
基本经营方式
Operational 商品进出口贸易（Importing and exporting） 服务贸易或无形贸易 • Tourism and Transportation • Licensing and franchising • Turnkey Operations • Management Contracts 投资（Direct and portfolio investment）
公司理财英文版精要版第十版教学设计

公司理财英文版精要版第十版教学设计

Corporate Financial Management English Essential Edition 10thEdition Teaching DesignIntroductionCorporate financial management is an essential part of running a successful business. It involves managing and controlling the financial resources of the business to achieve its objectives. The goal of this teaching design isto provide an overview of corporate financial management in English, targeting international students or professionals who seek to improve their financial management skills in a global context.Course ObjectivesThe objectives of this course are to:•Understand the fundamentals of corporate finance in English•Develop financial management skills for strategic decision-making•Provide tools and techniques to analyze and interpret financial statements•Develop an understanding of capital budgeting decisions, risk analysis, and valuation techniques•Enhance students’ ability to communicate financial information in EnglishCourse OutlineModule 1: Introduction to Corporate Finance•Understanding the principles of corporate finance•Building a foundation for financial management•The difference between accounting and finance Module 2: Financial Statements•The importance of financial statements•Examining balance sheets, income statements, and cash flow statements•Analyzing and interpreting financial statements Module 3: Capital Budgeting and Project Analysis•Understanding capital budgeting decisions•Analyzing capital investment decisions•Evaluating project cash flowsModule 4: Risk and Return•Defining risk and return•Analyzing portfolio risk and return•Examining the Capital Asset Pricing Model (CAPM)Module 5: Capital Structure and Valuation•Examining different forms of capital structure•Analyzing the Modigliani-Miller theorem•Valuing financial assets and liabilitiesModule 6: Corporate Financial Policy•Corporate financial policy and decision-making•Examining dividend policy•Analyzing the role of debt financingTeaching MethodsLecture•The instructor will deliver the course content in English through lectures in a classroom setting.Case Study Analysis•The instructor will provide case studies in English for students to analyze and interpret financialinformation in practical scenarios.Group Discussion•Small group discussions will be utilized to encourage students to communicate financial information in English.Guest Speakers•Different industry professionals will be invited as guest speakers to provide diverse perspectives andinsights into corporate financial management in a global context.Assessment and EvaluationMid-term Exam•The mid-term exam will evaluate students’ understanding of the course’s fundamental concepts.Case Analysis Reports•Students will write case analysis reports in English to demonstrate their ability to apply financialmanagement principles in practical scenarios.Group Presentation•The final assessment will require students to deliver a group presentation, evaluating a company’sfinancial performance and providing recommendations forimprovement.ConclusionThe Corporate Financial Management English Essential Edition 10th Edition teaching design provides students withfundamental knowledge and practical skills to better understand corporate finance in an English-speaking global business context. The syllabus is designed to motivate students to develop their abilities in financial management and communication in English. The evaluation methods measure the students’ comprehension and application of the course material to practical scenarios.。