About This Chapter
Who's It For?
Anyone who needs help learning or mastering international business management material will benefit from the lessons in this chapter. There is no faster or easier way to learn about international business management. Among those who would benefit are:
- Students who have fallen behind in understanding international business practices or the characteristics of international managers
- Students who struggle with learning disabilities or learning differences, including autism and ADHD
- Students who prefer multiple ways of learning business (visual or auditory)
- Students who have missed class time and need to catch up
- Students who need an efficient way to learn about international business management
- Students who struggle to understand their teachers
- Students who attend schools without extra business learning resources
How It Works:
- Find videos in our course that cover what you need to learn or review.
- Press play and watch the video lesson.
- Refer to the video transcripts to reinforce your learning.
- Test your understanding of each lesson with short quizzes.
- Verify you're ready by completing the International Business Management chapter exam.
Why It Works:
- Study Efficiently: Skip what you know, review what you don't.
- Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
- Be Ready on Test Day: Use the International Business Management chapter exam to be prepared.
- Get Extra Support: Ask our subject-matter experts any international business management question. They're here to help!
- Study With Flexibility: Watch videos on any web-ready device.
Students Will Review:
This chapter helps students review the concepts in an international business management unit of a standard business management course. Topics covered include:
- Methods for expanding a business into the global market
- Political, legal, sociocultural, economic and technical aspects of international management
- Functions and characteristics of managers in international organizations
- Workforce diversity in contemporary organizations
- Ethnocentric and regiocentric global staffing approaches
- The polycentric and geocentric approaches to global staffing
- Employee relations with expatriates, host country nationals and third-country nationals
1. International Business Expansion Methods
Oftentimes, the best opportunities for a business are not at home but abroad. In this lesson, you'll learn about different methods of taking advantage of the international market. You'll also have a chance to take a short quiz after the lesson.
2. Managing in International Companies
Managing in international companies takes a special type of person. The reason for that is that not only do managers have to have an understanding of how to conduct business, but they also must deal with several other factors that are present in the international arena.
3. Managerial Functions in the International Organization
Every manager focuses on five different aspects of management. These aspects are common knowledge and when used together, they help to create an effective manager. This lesson will address those areas and integrate them into international business.
4. Characteristics of the International Manager in Global Organizations
Managers need to be able to plan, control, organize, and lead their companies and departments. When we look at international business, there are some additional aspects that come into play for a manager to be successful.
5. Managing a Diverse Workforce in Contemporary Organizations
Diversity is all around us and is a huge part of the business climate today. All companies strive for diversity, so they can have a unique perspective and look at issues through the eyes of their employees. This lesson will address diversity in a global setting.
6. Global Staffing Approaches: Ethnocentric, Regiocentric, Polycentric, and Geocentric
Human resource management professionals working for global organizations often have unique staffing choices. In this lesson, you'll learn about ethnocentric staffing, regiocentric staffing and geocentric staffing. A short quiz follows.
7. Human Resource Interactions with Host, Parent & Third-Country Nationals
Employee relations are guided by human resource (HR) management professionals, and the global environment makes doing this more complex. In this lesson, we'll see how HR professionals interact with employees across the globe.
8. What Is International Logistics? - Definition & Explanation
Logistical management is an essential component of any company and can be complex in our global economy. In this lesson, you'll learn the key concepts related to it. A short quiz follows.
9. What Is the Human Development Index? - Definition & Explanation
Want to know where your country ranks in development? In this lesson, you'll learn about the United Nations' Human Development Index and some of its key components. A short quiz follows.
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Other chapters within the Business Management: Help & Review course
- Introduction to Management: Help & Review
- Leadership Types and Styles: Help & Review
- Individual Decision Making
- Motivation Theory: Help & Review
- Management Theory: Help & Review
- Strategic Management: Help & Review
- Human Resources Management: Help & Review
- Labor Relations: Help & Review
- Managerial Accounting: Help & Review
- Business Ethics: Help & Review
- Tuition Reimbursement: Help & Review
- Using Kanban in Business Management: Help & Review
- Accounting Basics for Entrepreneurs
- Business Law for Entrepreneurs
- Contract Enforcement & Administration
- U.S. Labor Law in the Private Sector Post-1960
- HR Management
- Rights, Ethics & Employment